Decentralise Everything with William Casarin ( nostr:npub1xtscya34g58tk0z605fvr788k263gsu6cy9x0mhnm87echrgufzsevkk5s )
nostr:npub14mcddvsjsflnhgw7vxykz0ndfqj0rq04v7cjq5nnc95ftld0pv3shcfrlx 🤙
The most important thing to remember is that inflation is not an act of God, that inflation is not a catastrophe of the elements or a disease that comes like the plague. Inflation is a policy.
- Mises
Was already in my queue. Thanks for the recommendation 🤙
If we wish to challenge the established order of coercion and control, we must withdraw consent from the warmongering state and their propaganda. We must resist its mandates, expose its lies, and instead build voluntary associations and trade across all borders. It is only when people recognize their shared humanity, not arbitrary divisions, that we can begin to erect a civilization based on mutual benefit rather than violence. No ruling regime lasts long without an enemy to crush and a conflict to justify its domination. We must not be complicit in their agenda.
Project Spartacus 👀
The cult of the omnipotent state has shattered the fundamental social bonds that hold civilization together. Only in local communities, where individuals unite through voluntary cooperation, can the foundations of a free society be rebuilt.
"No structure, even an artificial one, enjoys the process of entropy. It is the ultimate fate of everything, and everything resists it."
Philip K. Dick
Many Americans assume that part of maintaining quality of life in the country means that we should do whatever we can to maintain the status quo situation of the dollar as the world reserve currency. However, I view it differently. The status quo of the dollar's hegemony has directly contributed to the domestic hollowing-out that we've experienced for decades especially after the Cold War ended. The system that has been in place since the 1970s is antiquated monetary technology and is inherently unsustainable due to the accrued imbalances that it creates. Losing dollar hegemony at this point would harm special interests in the United States, would reduce the country's imperial reach, and would require a shift of priorities, but ultimately it would lead toward a more natural and balanced global economy and provide the opportunity for U.S. domestic revitalization. The risk comes when we fail to recognize that and thus fail to make proactive changes from a position of strength. And so far, that's the path we've chosen.
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The current global financial system with 160 different fiat currencies, each with a local monopoly over its jurisdiction, and each of which being tied to the highly salable U.S. fiat currency through dollar-denominated debts and dollar- denominated reserve holdings, tends to benefit those at the top of the socioeconomic ladder at the expense of those at the bottom. It helps keep people in developing countries in a state of constant development, dependency, and ever-rising debt, while structuring their economies around serving the wealthy developed countries rather than optimizing for self- sufficiency and well-roundedness. Currencies are regularly devalued (either due to mismanagement by their leaders or at the behest of the IMF) which keeps workers' wages and savings low in terms of global purchasing power. This process enriches corrupt developing country rulers who get to control their country's ledgers and siphon off value for themselves by devaluing the savings of the people. It enriches developed market corporations who get paid to do the work, and leaves the bill at the public level with the impoverished people of those nations who had little say in the process. It then helps keep those corrupt rulers in power by giving them bailouts and restructurings-up to a dozen times or more to repeatedly push the problems into the future whenever they have a crisis in the present. Those crises are often caused by them having too much dollar-denominated debt in the first place, and the typical solution is to help them take on even more dollar-denominated debt and remain on that endless treadmill.
nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a
nostr:npub1hw4zdmnygyvyypgztfxn8aqqmenxtwdf3tuwrd44stjjeckpc37q6zlg0q Read_769 - Orange is the New Green
"Our existing financial system is a mirage of wealth and liquidity, sustained by an ever-expanding money supply. Bitcoin emerges as the ultimate shield against the inevitable reckoning that will shatter this illusion"
- Theo Mogenet
nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev 🤙