"I think I can say without false modesty, a huge win; I (and those of like mind) have been right about everything." - Paul Krugman, "Economist"
"The growth of the Internet will slow drastically, as the flaw in āMetcalfeās law' becomes apparent: most people have nothing to say to each other! By 2005, it will become clear that the Internetās impact on the economy has been no greater than the fax machineās" - Paul Krugman in 1998
"To fight this recession the Fed needs more than a snapback; it needs soaring household spending to offset moribund business investment. And to do that, as Paul McCulley of Pimco put it, Alan Greenspan needs to create a housing bubble to replace the Nasdaq bubble." - Paul Krugman in 2002
"The truth is that Bitcoin, which was introduced 15 years ago, an eon in tech time, remains economically useless." - Paul Krugman last week
This is your answer right here to whether you can trust people who say "Trust me!"
#PaulKrugman #Economics #Predictions #AgedLikeMilk #Fiat #Bitcoin #Bullshit #HousingBubble #EverythingBubble #RobinWilliams
Sky News never lets us down
21 thousand watching on YouTube right now. Nice.
Just a bit awkward...
So my lndhub is like offline or something. Should have switched 100% over to mutiny for tipping or something. Oh well.
https://www.theblock.co/post/306495/jpmorgan-crypto-rebounds-unlikely-sustained
Chase intentionally misleading tbeir customers about the economy as usual. Such an evil bank.
#SocraticMethod #Socrates #Rationalism
AI voice in this is bad with tone sometimes but really good video otherwise
Literally everyone has a cold (or whatever this is) right now. And mine was pretty bad. Never felt that much pain in my throat before. What's the deal? Another cold variant? Flu variant? Covid variant? I'm just glad I'm immune now that I got a good dose but that was scary and it's hitting everybody. Oddly no one is panicking about it. Gotta love the inconsistency of our master-slave economy.
Notice any parallels with Marxism? I see a lot of 'em. A LOT of 'em.
It's not a battle of might. It's a battle of wits. - YoungRippa
#anarchism #individualism
So, what nostr client has a good experience with creating, managing, and interacting with n/ communities? I am so bloody sick of reddit's bullshit skew towards statism and communism.
The dollar is like a security moreso than a commodity. And I'm shorting that security. I'm #bitcoiners are some of those "speculators" that Nixon told us he was defending the dollar against.
Within 10 years the purchasing power of the dollar halved. And as you can see, they continued to debase the currency ad infinitem. This was after already debasing it at a slower rate in the decades prior to 1971, aided by the monopoly granted to the international settlements industry for conversion of the dollar to gold, which was done in the FDR administration in the 30s.
Republican or Democrat does not matter. We do not control what they do to the dollar: they control it.
We can only choose whether to use it, hold it, get rid of it, earn in it, etc. Your choice of which money to use has far more impact on your life than your choice of who to vote for.
A large part of #Bitcoin price appreciation is just this chart. It's the dollar losing its value against all other goods.
Best channel to watch the debate:
I'm so happy!!
#JulianAssange will go free, but only after pleading guilty of being in violation of the Espionage Act, which he was, so like, ok. That act is itself unconstitutional and flat out a violation of liberty. It should be appealed and challenged by the Supreme Court, and if that's not enough, well, we keep fighting, keep using Bitcoin and privacy tech, keep choosing nonviolence. Our rulers do not have the divine right to make all the laws. They need to be held accountable, too, and Assange helped to hold them accountable. MF hero!!
#Coconutoil is the #Bitcoin of cooking oils. Spread the word. Low time-preference (and heat preference) oils. Lard is one too. They're good for replenishing LDL cholesterol and have like 0 toxins as opposed to soy or corn oils.
#Satoshi #Bitcoin #economics 
meh.
#ThisIsTheWay #Dostoevsky