No more credit cards, no more mortgages, houses would be affordable, investments and loans are fewer and more aggressively scrutinized, no interest on bank accounts and cash probably used more, a slow transfer of wealth from the rich to workers and productive people, massive money schemes like "buy borrow die" won't work anymore.

Btw, just my own opinions and beliefs.

Some folks are just killing with these pictures.

Kidsaduillas aka quesadillas for kids

just ate a plate full of little fried bananas, that alone made my day ☕️

We are the capital. This is the hunger games 😩

This is my first Thanksgiving on nostr and I just want say I'm thankful for the devs, the plebs, the freaks, the hodlers, the weirdos, the outcasts, and every single person who posts thier notes on uncensorable freedom protocols. I fucking love you bros and we're all going to make it.

Good to finally take the nostr plunge. Howdy, neighbors. :)

Feeling very guilty to have an American day of feasting tomorrow when so many people are starving in Gaza because of our government.

This is a cruel world.

In the hospital with the birth of our first daughter. Any advice from you experienced girl dads?

Let's just say I have many more layers to get to. I'm going to get a node, that seems like a good next step.

Being on Nostr was a humble reminder of the variety of levels we all are in our #Bitcoin journey. From self custody, to utxo management, nodes, non KYC etc.

The journey never ends.

#asknostr I’m trying to orange pill my neighbor but I want to show him the chart that was passed around a week or so ago. It showed BTc market cap at 1.7t as a small box next to other markets like art, real estate, gold etc. I can’t find it. Please help.

Sounds like hogwash

Sure, but the "growth" is illusory except for the small number of people who have access to the newly created money before it enters the economy and thereby dilutes the purchasing power of the dollar. For everyone else it's not a growth of their wealth but a diminishment.

There might be some pain along the way, but long term we would flourish.

The economic system we have built for ourselves is why it would bring pain. Our economy is based upon debt on top of debt on top of debt.

The economy can never pay down that debt, so we must borrow more to keep the system from collapsing, from the government currency becoming worthless.

If we had 0% inflation, there would be no incentive for people to keep borrowing since the secret about loans is that something worth $100 today is worth $150 next year, so borrowing $100 now and paying back $105 next year is a bargain rather than saving up and spending less than you earn.

This leads to a spiral, and a depression, but it isn't the 0% that caused it, and once the bandaid is ripped, human flourishing can begin on a better foundation.

It’s basically a rough calculation of how much wealth they can extract from the population and keep the masses slaves without starting a revolution.

Inflation is just another form of tax, seigniorage.

It’s not really needed, just a convenient way to extract wealth from the population.

It’s a good question. I’m no economist, I just know pictures!

🤔 sounds right