Nice man, I like freedom😃
Discussion
How much freedom do you allow yourself to have wild, expensive experiences in the now? Don't forget to do that.
I worry about anyone who has taken the vow of poverty implicit in the Internet's largest prosperity cult. As they say in the superchurches, 'planting a seed today' for prophecies of future prosperity (and not in a business providing desired goods and services).
The present is all we are guaranteed. It's worth splashin' out a bit on. ;-)
cool, I’m happy where I’m at, don’t have a lot and I’m not bothered.
I just know that you can’t grow an economic system forever on a finite planet, I support this system because the other one is unsustainable, consumerism, wealth inequality, poverty, state centralisation and war is not worth the negative externality in my opinion, you can do you though :)
MFer did you just throw every Keynesian argument against Austrian economics at me in one go?
Where does prosperity excrete from? If you said 'resources' or 'labour' or 'the printing press' or 'a Bitcoin mining rig' you are nowhere near the Austrian model.
Prosperity excretes from the felt improvement in standard of living for all parties to a voluntary transaction.
"I just know that you can't grow an economic system forever on a finite planet" -- what exactly are you going to run out of? Mutually beneficial agreements? Because that's THE ONLY THING that grows an economy on net.
This finite thinking leads to "them immgrants r takin are jarbs", as if there's a limited number of agreements people can make. A job is not a thing, it's not a physical object, nor is a voluntary interaction. You can't run out of them. A job pops into existence the moment you convince anyone on the planet you will earn them more than you cost them.
I’m not arguing with you? I’m telling you the truth lol
Out of curiosity, do you think we can run out of agreements? Back rubs? Material per se? Water, of which we have the same amount we always did?
Out of curiosity, is technology deflationary? and would a system of inflation cause the negative externalities in which I’ve stated above? A species survival stems on its ability to cooperate and and adapt, is that happening atm yes or no?
Typos for days 🤙😎
To be honest, I don't give a toss about macro economics. Net inflation and net deflation are Keynesian concerns. They put the cart before the horse, it's top-down thinking, like 'Satoshi' the central planner who thought he could enforce net deflation mathematically to get deflationary effects on the ground. Or, just wanted to bankrupt us all.
All I care about is net prosperity. What encourages voluntary exchanges -- the only place net prosperity excretes from, in the Austrian view -- and what doesn't. HODL is the opposite of exchange. Bitcoin is worse than a net-zero fixed pie gambling pool. It introduces net poverty, since it discourages voluntary exchanges in the present. Look at the lifestyle of the avg. Bitcoiner. That's a result of thinking and living like a Keynesian, not an Austrian, who makes as many voluntary exchanges as possible, understanding the buyer also profits from each one, in his own estimation (or he wouldn't have voluntarily bought).
lolems