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Miron Henden ⚡️
52d7cf90291186fe4242c20f53feb1e84187edfab925c2e30e802cb04a10149f
A few sats a day keeps the tyrant away.

European Federalization is an idea as old as the Union 🇪🇺. Never happened because after World War II the original Member States could not reasonably trust each other. Today we benefit from the results of almost 80 years of european cooperation, peace and great prosperity for the continent.

The trust is there and we now have a question of will. If we begin with the #FourthTurning conclusion that there is a 80 year cycle and at the end there is always a war (i.e. Ukraine 🇺🇦 vs Russia 🇷🇺) which is the reason for fear and thus pushes new institutions with greater strength to be born, we can have a good guess on the future. Make no mistake this war is one against the 80 year old system after World War II, against Bretton Woods, against United States 🇺🇸 hegemony, US dollar reserve currency status and the Euroatlantic alliance. We are seeing turmoil from the interior be it on migration or nationalism ideas which are fueled by social media. One should really ask themselves who benefits most from this turmoil, it certainly is not the european Member States.

The EU has today the SAFE program to finance military infrastructure and equipment. Talks on eurobonds. Freezing of Russian assets, then issuing of EU debt and transfer to Ukraine to have liquidity to continue fighting. We see ever more conversations on federalism and doing away with the veto right. Most importantly about a European Army in the context in which the US wants to focus more on other regions of the world.

The EU funds have improved infrastructure on the continent and we are pushed to handle and finance our own defense. We have the technology and factories to do so. Each army has a supreme commander and that person is voted democratically.

My argument is that the EU is a few steps away from federalism. The historic context is perfect, the geopolitical atmosphere is ripe, done properly the EU 🇪🇺 will come out of this Fourth Turning with even stronger institutions and can double the economy within 10 years. Time will tell.

Going down The Fourth Turning rabbit hole, again. Discovered the book on #Nostr. I am constantly thinking about this tension and impending change.

In the last year Neil Howe explains his fear for the future, every Fourth Turning ends with a war. Civil or World War, so internal or external crisis. Important: you never see it coming, ever.

The US is politically divided, Europe as well, Russia attacking Ukraine and the west participates. Institutions are weakened: UN, EU etc. Inflation is always part of the fourth turning and it comes as the solution.

Howe says that we are 60% into the turning and by 2032-2033 it will be resolved, the world will be more conservative.

I think, it is quite probable, the new world order will have #BTC at the core, as a reserve currency.

#FourthTurning

https://youtu.be/EVzmKpw_ges?

Give Adam Livingston aka The Bitcoin Wizard a listen about the sanctity of #BTC.

https://youtu.be/MqbKB47xbmA

When all them new generations will come on we will have the grace of baby boomers

You know what I really like about #Nostr, opening up the feed and nobody cares what the fiat price #BTC is trading at.

I have another one:

War correspondents reporting on the Tits War between almonds and cockroaches.

Man the sewers are the gift that keep on giving, innit?

Replying to Avatar HODL

Primal

I wonder what Zuck would prefer

There is little question that in world politics we live in the era of #PostTruth. Manipulation can be found everywhere and on social media State actors are having a field day to push for #extremism and #totalitarianism.

It catches on because people have a mentality that has been influenced by #postmodernism, where truth is relative, everything has to be shocking, skeptical, ironical etc.

Thus the international order is falling apart something new will replace it. The real food for thought: what will replace it?

Can we afford the truth be relative and not objective? I think not.

Read Ayn Rand’s Atlas Shrugged. Analyze for #objectivism #philosophy. I see no other option.

Thank you for the #BTC dip. A few sats a day keeps the tyrant away.

The Big Print by Lawrence Lepard #bookstr

A straightforward explanation on how our broken monetary system is caused by fiat money with the inflation that is generated by Central Banks policy.

Pay close attention to Triffin’s Dilemma - the country that supplies the reserve currency must run a trade deficit at all time and that creates a tension between domestic and foreign monetary policy.

Lepard argues that economic well-being isn’t about endless growth (certainly not through inflation), it’s about efficiency and productivity. So as the capitalist economy invests savings in new ideas generating new technologies and doing it in a competitive and free environment we consumers have better and more efficient options. Without a fiat currency that is devalued day by day through inflation we would see prices go down in the economy due to efficiency and better resource allocation.

Deflation is the natural condition of a well functioning economic system.

The money printing is done but the Central Banks. It is argued that the US Federal Reserve has expanded its metrics to include stock market prices. Through quantitative easing and asset swaps the Fed is pushing money in the financial system inflating the stock markets and giving only a few an advantage while the majority is at the mercy of inflation.

The book is easy to read and straightforward on how the financial system works and Triffin’s Dilemma explains much of the domestic tensions in the United States and how they are spilling into trade war with longterm partners. The solution would have been to keep gold as the neutral reserve currency at Bretton Woods. Since Nixon took the US Dollar off the gold standard bureaucratic governments worldwide have printed their currencies into oblivion ruining the savings of billions of honest people.

But we have Bitcoin now.

You feel the zaps going down the engagement as well. I feel you.