From a piece titled: We have the numbers, they have the money.
“But this is up against the natural advantage of authoritarianism — it has the money. And money buys guns.
It has the money because it seizes half of what you earn and uses it against you, then prints up whatever else it needs at the central bank. Then it uses that money to control the levers of society, from education to media to finance.
We have the numbers, they have the money.”
https://www.zerohedge.com/geopolitical/they-have-money-we-have-numbers
"The expansionary monetary policies of modern fiat economies and economists have never won the market test of adoption freely, but have instead been imposed through government laws".
Page #184 of The Bitcoin Standard
Here we are, half way through October and still no October surprise.😲
Will we see an October surprise this election ❓
Any speculation on what what it might be ❓ ❓ ❓
Despite the intensive marketing around cereal being "nutritional", I never agreed with process grains in a box , laced with addictive sugar, being nutritional.
nostr:note1m9ws4p2sgapyawqyyvzn47jm8ra85d0qx7ng824x682pkd0f2f9qzustyn
Inflation Prints Hotter Than Expected After Big Fed Rate-Cut.
Well, this is a big surprise for anyone who has not been paying attention!
https://www.zerohedge.com/personal-finance/consumer-prices-surge-new-record-high
Good morning!
A little #Bitcoin knowledge from nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak to start the day.
"Bitcoin is the first example of a digital good that is scarce and cannot be reproduced infinitely.
Beyond digital scarcity, bitcoin is also the first example of absolute scarcity, the only liquid commodity (digital or physical) with a set fixed quantity that cannot conceivably be increased."
- The Bitcoin Standard
GM! Make it a great day, and buy #Bitcoin!
Is it just me, or does anyone else feel like the world has changed more in the past 4 years, than it changed in the preceding 20 years?
Yet, when I think about the changes that took place from 2000-2020, there was a number of significant (not saying they were good or bad) changes.
* 9/11
* iPhone
* The Great Financial Crisis
* Bitcoin
So, while things have certainly changed, maybe the world has not changed all that much?
What is your preferred platform for introducing others to Bitcoin?
I heard of platforms like Swan, River, and Strike, and I'm seeking something that super easy for someone new to Bitcoin to set up and get started. Ideally, the set up would not be overly technical, and allow for easy conversion of Bitcoin to dollars. Do these platforms meet this requirement?
What about CashApp?
Any other recommendations?
Great point!
When thinking about "what medium best fills the role of representing that which has value", this medium needs to be something that cannot be easily mass produced (e.g. fiat), something that maintains its value into the future, and something that can easily be exchanged across time and space.
With the options we have today that fulfill these requirements, Bitcoin is the one that exceedingly fulfills all 3 of these requirements.
I can only imagine how boring college would have been without this game. 😂 Spent many hours playing this game with roommates back in the day.
We’ve had the same thing here with the warm temperatures lately, but I don’t think it’s affected the deer movement.
Good luck this season!
I’m hunting in Minnesota. Was out last night and seen a number of deer, and couple nice bucks, but I couldn’t get them any closer than 60 yards. It was exciting to see so many deer!
What state are you hunting in?
This CNBC headline is one way to view the surprisingly greater than expected jobs report released yesterday. Another point of view is the central bank for the United States (the Fed) lowered interest rates at a time when the labor market and economy are roaring hot; thereby leading to further inflation.
THE RAISING AND LOWERING OF INTEREST RATES
Let's break this down a bit. Why does the Fed raise or lower interest rates? If the economy is overheating, the Fed raises rates to slow things down and keep inflation from running away. The opposite is true when the Fed believes the economy is slowing down. To avoid the economy from going into a recession, the Fed lowers interest rates in an attempt to increase economic activity by making it easier (less expensive) to borrow money.
When the Fed lowered interest rates at their meeting last month, they did so because they believed the economy was slowing and need some stimulation to accelerate economic activity to steer the economy away from a recession. However, the jobs report released yesterday paints a different picture of where the economy is headed.
JOBS AND THE ECONOMY
Breaking this down a little further, when does a business hire employees: when there is a lot of demand from customers, or when there is very little demand from customers? The answer is when the business has a lot of customers and needs more employees to keep up with the customer demand. Therefore, the take-a-way from the jobs report is there is presently a lot of consumer demand in the economy.
PUTTING IT ALL TOGETHER
With the jobs report surprising to the upside and beating the best case estimates, showing strong consumer demand in the economy, and the Fed's decision to lower interest rates to stimulate more consumer demand, we are headed for higher inflation. To put this in simple terms, your dollars will purchase less goods and services in the near future than they can purchase today. Therefore, keeping your money in dollars will decrease your future purchasing power.
THE ALTERNATIVE
Where can you store some of your dollars to protect it against the coming inflation? Hard assets. This means trading your dollars today for something like gold, sliver (precious metals) or Bitcoin; something outside of the Fed's control, and something they cannot simply print more of on demand.
If you're not currently familiar with these alternatives to the United States Dollar, there are tons of resources available to help you, but you need to take the initiative and invest some time educating yourself. There are also many individuals, like myself, who are willing to help you so reach out and start asking questions today because I don't believe the inflation will be "transitory" this time.
Whitetail deer.
What are you hunting for?
Good luck this season to you as well. 😊
It’s my favorite time of the year! 😁
Firefox rolls out Total Cookie Protection (TCP) by default. TCP creates separate "cookie jars" for each website you visit, thereby, disabling the ability for advertisers to crate a detailed profile about you via cross site tracking.
You can learn more by watching the entertaining video in the link below.
#Privacy
#FireFox
#Browser
Wait until Americans find out the truth about the financial situation with the other government agencies!
https://www.zerohedge.com/markets/reprehensible-audacity-fema-being-broke
Because MAGA supporters are a threat to democracy?
Because banning certain types of guns is not an infringement on the 2nd amendment?
Because abortion is healthcare?
Because this is the most important election in our lifetime?
Just trying to see things from a Democrat’s point of view, but now I have a headache after doing this mental gymnastics routine. 😂