The Fed Is Losing Tens of Billions: How Are Individual Federal Reserve Banks Doing?
https://mises.org/wire/fed-losing-tens-billions-how-are-individual-federal-reserve-banks-doing
"The Federal Reserve System was originally conceived not as a unitary central bank, but as 12 regional reserve banks. It has evolved a long way toward being a unitary organization since then."
Regime Paranoia and the Crackdown on Dissent
In American political discourse, "Democracy" has come to mean "rule by Democrats".
Ryan and Tho examine how the US regime is in the midst of its latest panic over public faith in the state's legitimacy. This is why we keep hearing about misinformation, insurrection and "threats to Democracy."
Help Us Get What Has Government Done to Our Money? into the Hands of Students!
https://mises.org/wire/help-us-get-what-has-government-done-our-money-hands-students
"This year marks the sixtieth anniversary of Murray Rothbard’s classic work What Has Government Done to Our Money? We need your help getting it into the hands of a new generation."
Unfortunately, it will probably happen before that. Once the real creeps who have been banned from big tech platforms discover they can say whatever they want here, there will be a flood of vile content. This is clearly evident over on Minds, which is still a generally great environment, but there are some really nasty trolls.
You can trust that guy. He sounds handsome.
Climate crisis: a problem so severe that activists have to start fires themselves to prove how severe it is.
What Does OLIVE OIL Do for Your Body?
"Discover the incredible benefits of olive oil and learn why olive oil has so many therapeutic benefits.
Olive oil is rich in antioxidants and has anti-inflammatory and anti-cancer effects. Olive oil also has incredible effects on certain parts of the body, including:
• The cardiovascular system
• The nerves and brain
• The skin
• The eyes
Olive oil is a good source of healthy fats and contains vitamins E and K1. However, the real benefits of olive oil occur because of a group of plant chemicals called polyphenols.
Polyphenols produce many amazing effects on the body, like helping to prevent complications from chronic disease and oxidative stress.
It’s crucial to get real olive oil that’s organic. This is because glyphosate (an herbicide) blocks a plant’s ability to produce amino acids and polyphenols. Glyphosate can also lead to a myriad of other health concerns.
Keep in mind that salads contain polyphenols and other phytonutrients. Plus, adding olive oil to salads helps increase the absorption of phytonutrients."
GM #nostr
For parents, it might help to realize that if anything from before your children were born had changed, then your children would not exist.
That puts a hard cap on the amount that you can wish things had been different.
I've never used Twitter, but my experience with Nostr is similar. Watch out for randomly losing all your follows and followers. I've been back to square one a few times on here.
I totally agree. The focus on calculus was also a dumb choice from a practical standpoint, since probability and statistics are more widely useful. Also, the deductive reasoning learned in number theory is probably more directly practical than calculus.
GM #nostr
Caffeine is the only one I consume regularly and I'm not convinced it's particularly bad for you.
Is there actually very good evidence for nicotine being that bad for people? My understanding is that a lot of the damage is done by the delivery mechanisms.
Also, remember the old adage: "The dose makes the poison." There's no need to become a clave of hypochondriacs: we're weird enough already.
The Green Road to Serfdom
https://odysee.com/@mises:1/the-green-road-to-serfdom:b?r=8T2xqWjtafHWYGxQBSsrbw1wQPm7sWRq
"1944, F.A. Hayek published The Road to Serfdom, a book warning about the dangers of normalizing wartime planning in the West.
The book, dedicated to “The Socialists of All Parties,” became a great commercial success, particularly among business leaders in the United States who were resisting the radical policies of President Franklin Delano Roosevelt.
It begins with government leaders who can convince large portions of the population to adopt regimentation in the pursuit of utopian national goals, like a society without want.
The issue is that these utopian plans cannot be maintained. As the government falls short, interest groups compete for political power.
Divides within society create unrest that is met with brutish force. Society finds itself under increasingly tyrannical control. To maintain unity, the government regulates speech. The result is the rise of a total state.
Hayek was writing about the authoritarianism affecting all the nations involved in World War II. But his warnings have renewed relevance today because of the utopian dreams of the modern political Left. Climate change has given political actors a justification for seemingly unlimited power.
Politicians have argued that a government response requires everything from global carbon taxes and bans on fossil fuels to control over the most minor decisions we make, such as what we have for breakfast and how often we flush our toilets.
Environmental doomsday warnings have proven to be successful in modern democracies. This has been particularly true in Europe, where explicitly green political parties have won parliamentary seats in a number of countries.
Other political parties have adopted these groups’ policy aims out of their own interest, resulting in deindustrialization policies that have made their economies less prosperous and more fragile. But the damage isn’t simply done through bad government policies.
The underlying message of the green energy revolution is that human existence is a plague upon the world. There are additional social costs to this demagoguery. These ideas have bred a social environment of nihilism and self-destruction. These results can be seen in activists’ attempts to destroy priceless historical artifacts or in increasing numbers of young people’s choice not to have children in the name of the environment.
These people are all victims of a relentless propaganda campaign by universities, media outlets, celebrities, and others to promote an agenda that simply isn’t compatible with human thriving. This campaign has created an ethical ethos that seeks human destruction.
People who have no hope for the future tend to be those most easily manipulated and controlled by those in power. Demoralizing a population is one of the most effective ways to undermine resistance.
This is precisely the sort of dangerous social dynamic Hayek warned about. In our next video, we will look at the Green New Deal advocated by the American Left and see how a “green revolution” will lead directly to an authoritarian state."
The Great Phony Disinflation Enters Its Finale
https://mises.org/wire/great-phony-disinflation-enters-its-finale
"Supposedly, the "big news" is the decline of inflation. However, the monetary and political forces driving the latest bout of inflation have not gone away."
