Man, Economy, and Financial Markets
https://mises.org/mises-wire/man-economy-and-financial-markets
Jon Wolfenbarger provides a brief overview of a praxeological approach to financial markets.
The Fed Is Already Political
https://mises.org/mises-wire/fed-already-political
By Connor O’Keeffe
> Donald Trump’s leaked plan for the Fed has sparked a panic. But the real risk, from the establishment’s perspective, is not that Trump will turn the Fed into a political organization but that he will expose the fact that it already is one.
Normally I just ignore this stuff, but he did dare me to tell him he's wrong and he was.
I'm certainly with you on how unhealthy so much of modern food is. Where I probably differ is that I think focusing on whole foods, predominantly plants, is best for long-term health, rather than going all-in on animal products specifically.
Think of one friend who's been in a constant struggle to lose weight since you've known them.
Now think of one friend who's constantly battling depression, anxiety, or other mental health issues.
Got them picked?
Now let me magically predict both of their diets:
Lots of plants & plant-based products, "low-fat" versions of everything, and little to no fatty meat.
I dare you to open up their fridge and tell me I'm wrong.
nostr:npub1508rk9udkqcvt0wdm5d20jdfzflvk9l3da764awcy95xpd6c357qkrtwu3
You are wrong on both counts, as far as my friends go.
Tokenized Assets vs. Bitcoin
# Video Description
> In this video, I discuss the problems with tokenizing real-world assets (RWA) and putting them on a blockchain.
> RWA, whether tokenized or not, still need to rely on the existing judicial system and the police for enforcement of ownership.
> By contrast, the Bitcoin network itself enforces ownership of its native asset, BTC.
> Most tokenization schemes are just decentralization theater, with some premined tokens thrown in for the venture capitalists.
> In most cases, you would be much better off using a centralized database (for speed, efficiency, UX) rather than a blockchain.
> The one exception is Bitcoin-- blockchain plus distributed proof of work as the means of bringing neutral money to the world. Bitcoin's decentralization ensures that it cannot be controlled or captured as it could be if it were just running on a giant centralized database.
It's the PPI Once More!
https://mises.org/mises-wire/its-ppi-once-more
By Mark Thornton
> Remember when inflation was “transitory”? Or when Paul Krugman claimed inflation was “under control”? The numbers keep telling us a different story.
Evil Twins: US Federal Budget Deficits and US Trade
https://mises.org/mises-wire/evil-twins-us-federal-budget-deficits-and-us-trade
By Jane L. Johnson
> The government’s inflationary borrow-and-spend policies have given Americans a false sense of prosperity. In the end, such policies are unsustainable.
Guido Hülsmann's Groundbreaking book Abundance, Generosity, and the State
https://mises.org/misesian/importance-hulsmanns-groundbreaking-book-abundance-generosity-and-state
By Jeffery L. Degner
> The importance of this book lies primarily in how it shows the interventionist state is at the root of Western society’s increasingly loathsome, self-destructive, and stingy culture.
The American Labor Market: Fact vs. Fiction
https://mises.org/mises-wire/american-labor-market-fact-vs-fiction
By Jacob R. Swartz
> Progressive historians, journalists, and politicians claim that the Industrial Revolution and the growth of industry brought poverty and exploitation to American workers. The truth is much different, even if it is rarely heard.
I'm jealous of those strawberries.
We've got our herbs and tomatoes popping up. That's probably all I'm going to do this year, foodwise.
We also have lots of wild onions in the yard.
Fiat Slaves Boo Freedom Money (Bitcoin)
# Video Description
> In this video, I discuss Chris Pan's Ohio State University commencement address, and the crowd's disappointing reaction when he mentions Bitcoin.
> It's especially disappointing considering that the most popular major at OSU is finance, and yet the audience seemed to have zero understanding of the money printing and inflation that Chris Pan was referencing.
> It's also sad to see young minds end up so closed after a supposedly liberal education.
> How much student debt did these students take on, to receive assistance in the closing of their minds by socialist professors?
> We can also blame the "crypto industry" for its endless scams that give Bitcoin a bad name by association.
> The biggest losers in this OSU audience will probably being the same people who in a decade will be asking the US government to tax and go after Bitcoiners "cuz it's not fair."
I will be joining The Jimmy Dore Show in a few minutes.
https://unlimitedhangout.com/2024/05/press/the-jimmy-dore-show-4/
That's awesome! Jimmy's the man.
Israel Cuts Off Aid Completely From Gaza After Rafah Border Seizure
Remember when they were saying Palestinians can flee into Egypt anytime, so really this is all Egypt's fault? So much for that.
How El Salvador's Bold Move to Bitcoin Could Change the Global Economy Forever
From Kim Iversen's interview of Saifedean Ammous
Public Schools and the State’s Omnipotent Bayonet
https://mises.org/mises-wire/public-schools-and-states-omnipotent-bayonet
By George Ford Smith
> Vast sums are spent on “reforming” government schools, only to end up with the same lousy product. Thinking outside the box means abandoning public schools altogether.
Get Ready for Weaker Growth and Higher Inflation. The Consensus Was Wrong.
https://mises.org/mises-wire/get-ready-weaker-growth-and-higher-inflation-consensus-was-wrong
By Daniel Lacalle
> Many economists argue that the economy is growing, and that inflation is a secondary problem. Not for the average American. Citizens are poorer in absolute and relative terms.
Bullish on the U.S. Founding Documents and #Bitcoin
Bearish on the U.S. Administrative State and CBDC
The US founding documents either permit the administrative state or they are unable to prevent it.
A distinction without a difference.
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The shooting comes amid a rap beef between Drake and Kendrick Lamar. One of Lamar's tracks featured Drake's Toronto home as its cover art.
https://www.cbsnews.com/news/drake-security-guard-injured-in-shooting-toronto-home-police/
#Nostr | #growNostr | #Press | #PLEBchaiN | #News | #CornyNews
#dumbesttimeline
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What Happens If They Close All Bitcoin Exchanges?
# Video Description
> In this video, I discuss how one could continue to use Bitcoin in a p2p manner to buy or sell goods and services-- even if all of the fiat off-ramps had been closed.
> Bitcoin is censorship-resistant freedom money, that anyone can use without needing a license or permission. It's impossible to stop Bitcoin, or any other free and open source software (FOSS).
> Eventually, the Bitcoin circular economy will bypass the fiat economy in many parts of the world:
> You won't buy BTC.
Instead, you'll earn it.
> You won't sell BTC.
Instead, you'll spend it.