The FT. An inability to understand that turning a ship around, that has been on a catastrophic trajectory for decades, requires time? Or a strategic attack as they understand Milei‘s strategy does not serve the IMF or the World Bank agenda? I assume the latter.
https://www.ft.com/content/ccaeb4f5-6818-4aec-8112-cbf3639ad557
25 min read well worth the intellectual effort. While I disagree with some details it’s nevertheless on the money regarding the big picture, where we are headed and most importantly why. Follow the money!
https://rwerner.substack.com/p/national-debt-explosion-the-fiscal?utm_medium=web
To grasp this one must think long-term and grasp concepts not immediately accessible or obvious and outside of long held beliefs and paradigms. For example the long held belief that inflation is a natural phenomenon and necessary for economic growth. It’s neither!
Precisely. Money is the method humans use to measure value allowing us to efficiently interact with each other in the activity of exchange. Same as the gram measures weight or the meter measures length. When one understands this it quickly becomes clear that the concept of inflation is unnatural and insidious.
nostr:note1gnxdu4pp2zmq55vp6x2x7gx2letz08n4m3qlxeandfkfpvvs2wcsryxvpz
No idea if this is true or not but precisely the type of subject that needs debate and clarity on. Good example of how facts rather than narratives will rise to the top in a world of decentralized media. The crowd is possibly not so mad after all.
nostr:note12ny647cj9ymkj9en22y4c432ta7q4wxfm9k6rl8h97t6tg9hfj4s880dz6
Great point by nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe at the 1hr17 mark. Imagine a world where house prices are priced to their utility value instead of being a SoV as they are today. Transforms how neighborhoods would look like across the world. Back to the days where neighborhoods are full of families and life instead of speculators and Hedge Fund landlords with no stake in the community. Fiat money corrupts everything over time.
https://podcasts.apple.com/ch/podcast/the-bitcoin-podcast/id1694392423?i=1000665657314
Well worth your while. Tradfi is likely the only sector that exists to serve its incumbents vs its customer base. It’s end product is not a product in the normal sense rather akin to bait on a fish hook.
nostr:note12nwfuwlpg7trpnc94wn29aex0gn44ykt3ze6yrcnt54afcm4un9skq6yzn
Leave any endeavor in the hands of the centralized state long enough and it will become defunct! Any endeavor without exception! It’s inevitable! The incentive being to maintain its position of power and control for the longterm.
Test Post
Joined Nostr 01.12.2023. Let’s see what happens in here.
#introductions
Joined Nostr 01.12.2023. Let’s see what happens in here.
#introductions
Joined Nostr 01.12.2023. Let’s see what happens in here.
#introductions
Joined Nostr 01.12.2023. Let’s see what happens in here.
#introductions
Joined Nostr 01.12.2023. Let’s see what happens in here.
#introductions
Joined Nostr 01.12.2023. Let’s see what happens in here.
#introductions
Joined Nostr 01.12.2023. Let’s see what happens in here.
#introductions
Joined Nostr 01.12.2023. Let’s see what happens in here.
#introductions