One of the things that tripped me up about inflation when I first started thinking about it was, not the logic, but the mechanics of how the market adapts to money expansion.

Logically, it makes perfect sense that an economy containing 10 apples and $10 of money would price apples at $1 a piece, and if the money supply increased to $20 then the price of apples would double to $2 each.

Wealth is not the money, but the goods and services itself. The money merely acts as a liquidity key for entering and exiting the ownership of goods and services.

Mechanically, I wondered how the market, a totally decentralized system, would adapt to the increase of money, even as central planners attempted to decieve it.

It finally became clear to me when I thought of how old fashioned auction houses work: depending on current bids, the auctioneer will find the highest tolerable price for a good, period. The bidders would offer up those prices based on their own subjective value assessment of the good. If there are no bids that resulted in a profit, the good might not be sold at all. This is exactly how the market works.

Business are incentivized to sell their goods and services not only at a price greater than their costs to produce, but at the highest price the market will tolerate.

They do this by adjusting their prices according to buyer interest. If $10 of bids came in for their 10 annual apples last year, they would sell the apples for $1 a piece. If this year, twice as much money is bidding for the same apples, the business would raise prices to $2 an apple. This would afford the business owners the ability to expand and purchasr more things in their personal lives.

In this way, businesses compute the proper prices without needing direct knowledge of the money supply.

Businesses across the economy produce higher-order, specialized goods by using the inputs of businesses that produce lower-order, base goods.

If bids on energy, oil and electricity, double or triple as a result of a massive influx of government spending, then energy companies (like an auction house) will raise prices accordingly to equalize their scarce against an expanding money supply.

Since all other goods and services use energy as an input, their costs would rise, influencing their own price auction with their own customers

This process occurs at immense depth, all without knowledge of the actual money supply, to calculate the cost of higher order goods like iPhones and housing.

This seemingly impossible task, of allocating scarce resources across enormously complex economies, can only be accomplished decentrally because each business, being the only one with the key information about their production costs and their customer's subjective wants, can perform the auction process without any greater knowledge of the economy or money supply.

Thus, it becomes evident that (A) money printing cannot long influence the real cost of goods and services, (B) only serves to allow central planners to loot the economy, and (C) distorts the market of goods and services by filling it with unearned demand by parasites divorced from the needs of productive households.

#Bitcoin fixes this.

Are you aware of any studies with anti-parasitic drugs eliminating cancer, like Ivermectin or something else?

That's not true...

We can literally take genetic samples of cancer and see that mutations occurred. Cancer cells are no longer human.

Why does radiation cause cancer? Why does smoking cause cancer? Why does so much cancer grow without limit?

not so fast.... though you can find quotes of his that express some misgivings about some alleged consequences of Christianity, you also have to reckon with the following:

I am personally convinced of the great power and deep significance of Christianity, and I won't allow any other religion to be promoted.

Adolf Hitler

Today Christians ... stand at the head of [this country]... I pledge that I never will tie myself to parties who want to destroy Christianity .. We want to fill our culture again with the Christian spirit ... We want to burn out all the recent immoral developments in literature, in the theater, and in the press - in short, we want to burn out the poison of immorality which has entered into our whole life and culture as a result of liberal excess during the past ... (few) years.

Adolf Hitler

I am now as before a Catholic and will always remain so.

Adolf Hitler

The National Government will regard it as its first and foremost duty to revive in the nation the spirit of unity and cooperation. It will preserve and defend those basic principles on which our nation has been built. It regards Christianity as the foundation of our national morality, and the family as the basis of national life.

Adolf Hitler

Naturalism and spiritualism were strong movements within his party, which was an amalgam of various considerations that had recently emerged in the wake of industrialism's technological and societal changes. Many conveniently forget that this was true for the entire Western world and beyond. He wasn't an exception; he was exceptionally extreme in expressing the zeitgeist.

Can someone explain how the genius act is a “CBDC backdoor”

This wagon is the best thing I've ever purchased ☀️

This wagon is the best thing I've ever purchased ☀️

All the ones I know would absolutely do something and it's hard to imagine anyone who follows that philosophy who would let that kind of abuse slide

Do you know any anarchists?

All my Jewish friends just bought more AR-15$.

Super Bowl halftime show upgrade

Eh, I disagree with that word, ethymologically. It's not a phobia.

Yeah either by follow they mean copy or it’s literally following it. Weird wording

Awesome. Which flavor of Sport Drink is your favorite so far? Need to try it

Soon $0.45M

And replaced with?

This is a lie. You are not what you do.