“There is no justification whatever for the widespread belief that variations in the quantity of money must lead to inversely proportionate variations in the objective exchange-value of money, so that, for example, a doubling of the quantity of money must lead to a halving of the purchasing power of money.”
— The Theory of Money and Credit (LvMI) by Ludwig von Mises
Up to this point I was understanding what Mises was explaining. But this quote seems to say that an increase in the quantity of money does NOT decrease purchasing power. If I’m understanding this correctly this would be completely contradictory to what I’ve come to understand through my dillegent research.
nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak could you shed some scholarly light on this concept please. I really would appreciate your thoughts on this.
He's not saying it wouldn't decrease the purchasing power, he's saying the decrease would not be exactly inversely proportional to the increase in supply
nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak finished this morning. Now I finally get what bitcoiners mean by time preference. great read!
Thank you!!
Yes the copy feels and looks great. But no there are no edits added
Only if you get it from thesaifhouse.com
nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak is this account real for Saif?
I don’t think so. Only reposts, no original posts.
Shady.
It really is me. I posted my npub on Twitter
By fixing the money to lower our time preference
nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak I admire your work and the platform you're building. I'm toying with the idea of building something similar for regenerative agriculture and holistic management. Would you tell me what platform or software you're using to build out your online school?
Also, I'd be interested to hear a discussion between you and Allan Savory. Maybe on the podcast? Are you familiar with him and his work?
Yes I'd love to get Savory and I've reached out but haven't heard back. Let me know if you have a good way of reaching him.
We're using Buddyboss, WordPress and TalentLMS
Hi Nostr, how I have missed your energy! I was very busy over the past month, but I thought about you guys often. I know nostr:npub14yf4yasnqgpkzjrzhysshglf82e8nkp8r9sn5hzqu4n244k3avtshhwpyu kept you updated with a few photos from my birthday and she also showed me your sweet birthday messages, THANK YOU!!
But what she did not show you was her #Birthday gift to me! A book 📙 that was quite difficult to find translated into Russian #TheBitcoinStandard by nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak and an #OpenDime necklace from nostr:npub1wu4aye7ll0lnrrg638e90sehzsgpzx5t39t3mwl05aa0d0ap08esdz3vw0 by nostr:npub1az9xj85cmxv8e9j9y80lvqp97crsqdu2fpu3srwthd99qfu9qsgstam8y8 
Happy happy birthday!!
Similarly, a Spanish translation of 'Principles of Economics' by nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak
It's in the works 👍 coming soon from Konsensus Network
P.S. nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak maybe you know him? When I was checking to see how many Bitcoiners follow him, I saw you there 😍 maybe he is a bitcoiner and I didn’t know?
If he is already a bitcoiner and not here yet, he should be easy to onboard.
I don’t have twitter anymore otherwise I would DM him myself 🫥
Yes, I know him and I orange pilled him a long time ago... And, believe it or not, I even helped carnivore -pill him! I'll let him know about nostr
That's the plan
I can, but not in a nostr post. I've written three books which discuss these enormous questions in detail if you're interested. The Fiat Standard is probably the one most relevant to this.
Delighted to announce the launch of my publishing house and online bookstore TheSaifHouse.com, publishing the best Bitcoin and economics books in high quality cloth hardcover and audiobook and ebook and offering 10% off for payment in bitcoin!
To launch, we're selling a fine cloth cover version of nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a's new book, Broken Money, as well as Fiat Food, Matthew Lysiak's forensic investigation into how inflation ruined the modern human diet and health.
You can get these two books, as well as my Principles of Economics, The Fiat Standard, and The Bitcoin Standard, all in hardcover for $99 only ($89.1 if paid in bitcoin!)
Dear Lyn, when I log into nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak bookstore, there doesn’t appear to be a way to pay with bitcoin. Can someone explain how to pay with bitcoin on Saif’s bookstore ?
Just check out and choose to pay with Bitcoin. Many are doing this every day. If you're having trouble with anything email info @ saifedean.com
Oh hi 👋 nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak nice to see you here!
nostr:npub14yf4yasnqgpkzjrzhysshglf82e8nkp8r9sn5hzqu4n244k3avtshhwpyu is currently trying to locate #TheBitcoinStandard in #Russian for me (she said it’s all SOLD OUT at the moment), next I will read The Fiat Standard and Principles of Economics 😍!
Awesome! I saw that the book is sold out on the Russian website and I don't know where you can get a physical copy... BUT you can pirate it in pdf from this link: http://library.lol/main/D9F1A4BE23427FCDDEAEAD847B85175F
And no I don't mind piracy, I think it's the best marketing!! Enjoy! 👍
I read this new book by nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak and it's great. He nailed it. I still recommend reading as many books by Rothbard, Hoppe, Mises and the likes, but this is quite the well rounded and if you're going to read only one book on economics, this is it. 
Thank you so much 🙏
Reading “The Fiat Standard” and listening to nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak this week. Exceptional explanations helping me improve my understanding of money, fiat systems, and economics. Brilliant!
Before, I thought I understood Bitcoin and why its such an important innovation. Now I realise how shallow my understanding of the problem (hard money) was. I also didn’t fully realise what a clown-world we live in (fiat) 😅 🤡
Thanks for giving me a renewed appreciation for this Godsend money technology we call Bitcoin🙏🏼⚡️
Thank you 🙏🙏
