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Dr. Fernando Morales
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•I am a general practitioner focused on optimizing health through the #carnivore and #ketogenic diet, as well as #quantumbiology. Listen to all my #Nostr exclusive content and more on Fountain: https://fountain.fm/show/X0FYoyalr3N4i1Pmq9YK #Ancap #Homeschooling #Austrianeconomics

Here is Dr. Shawn Baker's recent podcast with, Alejandro Carrillo, a regenerative rancher bringing back the grasslands to my home state, Chihuahua.

I consider him a friend, but haven't managed to orange or purple pill him yet. Hopefully I'll be able to visit his ranch in the fall of this year, maybe I'll have better luck then. Anyways, if you're in Mexico and would like to try his beef, let me know and I'll let you know when he starts commercializing it.

https://cdn.satellite.earth/74a6485aec18948ec739e17b80893adea7ad63edf64588acc23659ae3d12d10c.mp4

#carnivore #carnivorediet #regenerativeranching #cattle #grassfedbeef #plantfedbeef #mexico #hispano

You won't regret it, you feel like a machine. Funny thing is that, that's how everyone should feel.

If there's a demand for something, it will exist, but with a hard money you wouldn't need to forcibly get a mortgage just to buy your first house or plot of land. There's currently an excessive use of real estate for trying to preserve purchasing power over time, which inflates housing prices, couple that with money printing and government regulation on housing projects and it all creates a massive bubble in real estate.

It's the younger people who suffer here, since they don't come into the work force earning much, they then have to compete in the housing market (and inflation) with all the older/wealthier people trying to preserve their purchasing power. Bitcoin would suck much of the premium out of real estate, since bitcoin is a better asset long term; it doesn't inflate like fiat and hopefully technological progress will continue to bring down housing costs. The only major factor negatively influencing housing prices, in my opinion, would be government.

Minus all your wealth/work being stolen from you and being unable to save for buying a house or affording good quality food.

We don't know how a hyperbitcoinized world looks like, so it's just theories right now. Nonetheless, humanity has seen a steady long term decline in interest rates over the past 5,000 years, interrupted by the occasional calamities like war and natural disasters. This all stopped in the 20th century with fiat money.

Having said this, there's a possibility the trend could return and send interest rates to 0% or near it. How? Because money always has a carrying cost (bank fees for example or it being stolen) that is always larger than 0. So if holding money has a cost, then not lending money has a nonzero cost, meaning people would be offering to lend money at lower and lower rates.

Saifedean Ammous really goes into this on chapter 14 of his book, Principles of Economics, and he seems to be the only Austrian economist out there talking about this.

The reason would be saving vs investing. Saving is supposed to be easy, with the lowest level of risk, which is what gold was and what bitcoin will be one day. Nowadays people thing investing and saving are the same, they're not, fiat distorted this.

Stocks and real estate could offer a higher return in the future, after hyperbitcoinization, but there are more risks to both; the government could seize either, a storm could destroy your properties, businesses could go to 0, etc. Bitcoin just sits there, slowly appreciating without you having to do anything, which means it will be more of an individualized risk-tolerance thing.

I think bitcoin will bring back value investing to stocks.

I think it would, bitcoin would still appreciate though, since it's the world's scarcest asset. Deflation would then be driven by the level of human productivity. I have Jeff Booth's book, the Price Of Tomorrow, on my to read list, I believe he goes into this topic.

Sounds like you had a mouthful and I'm guessing you've suffered through all that for many years.

I think #Nostr needs an active carnivore nests/space to chat. Would you be interested in doing a podcast or live chat for nostr?

Replying to Avatar The Beave

I finally hit an average of 4.0mph on the circuit (~2.75mi) that I walk. Geez. It took a while, but, I did it. I even beat the rain.

I've found I like walking after dinner. This also has the knock on effect that I'm less lazy than if I just eat dinner (usually my only meal of the day), and that's been making life a bit more pleasant since I am up and cleaving, reading, writing, or even just watching the sunset.

Next stage is to start doing the walk carrying weight. I recently bought a Durston Kakwa 55L ultralight hiking pack. I've yet to hike with it. I'm going to pack it with my normal stuff and start doing my circuit with that plus 3L of water. (I'm large and tend to need more water than most, so I prefer to carry 3L plus filtration when I'm hiking.

This is all in preparation for my second attempt at summiting Mt. Katadin in August. Last year I attempted it on a whim with no prep whatsoever since a friend of mine was starting a SOBO (south bound) through-hike of the Appalachian Trail, and I gave him a ride to Maine. I got convinced by him and others that I should give it a shot. That was the hardest thing I've done, physically, in a decade. I was almost immobile for three days and sore for a week after. I didn't summit. I got about 2/3 the way up and broke treeline. I was running out of water and wouldn't have made it to the summit with what I had or had enough daylight left to make it down before dusk. There were over a dozen people who finished their attempts well after dark. That's kind of nuts, but, you gotta do what you gotta do since nearly no one was hiking up with a full pack. (Everyone was slack packing to the summit.) My friend and one of his buddies made it.

Truth be told, I'm not sure I'll make it even though I'm on track to be nearly 60lbs lighter and in better shape. But, I am still going to attempt it because that's what I decided to do last year. So, screw it. I'm a do it. I'm not competing with anyone but myself and I'd rather not give in to my fear. I've done too much of that the last half of my life. I'm kinda tired of letting my laziness get the best of doing hard, but worthwhile, things.

#randomthoughts #grownostr #plebchain #hiking #mtkatadin #appalachiantrail #preparation #dohardthings #dontbelazy #thebeavergoesoverthemountain

I love that attitude, keep it up! You'll be doing that hike and many more, I'm sure.

The scenario you're describing with the restaurant is a free market scenario, where the restaurant stops wasting food not because a law made it so but because of profit motives. People look down upon certain actions and if they become aware of it, they vote with their money and go somewhere else. The restaurant either gets it or goes out of business.

I lot of farmers would probably have better yields as well if they would leave all the monocrop Fiat agriculture behind, sure it might be profitable in the short term, but long term you destroy your own soil and are therefore reducing yield in the long term. With time, many are forced to pay for expensive fertilizers and pesticides to grow and protect their weak crops. Now, these monocrop agricultural tendencies exist because of government intervention; wheat, corn and soy are heavily subsidized by the US government in the USA, for example. Farmers have a guaranteed price on this these crops and humans love certainty, so that's what a lot choose to grow. If the free market wasn't being manipulated by government intervention, then you probably wouldn't see a lot of people growing things that make them poorer over time.

Also, people are generally more generous the less they are stolen/taxed from. I can see charities working in an anarchic society, better than they work now, and people being taken care of if needed. So without a government to "take responsibility" for the poor and to steal from productive people, those with some money would probably be self-interested in helping out locally to take care of the homeless in their neighborhoods.

So basically, I don't see the need for the adjective of communism in anarchy. Left to their own devices, humans naturally cooperate and trade with one another, and those who respect property rights the most, develop civilization the most. Human action and property rights are the cornerstone of capitalism. It's not some greedy entrepreneur with a big hat, they become a problem (corporations) when they get in bed with the government and that has an actual name, fascism (which stems from socialist ideology). Unfortunately, people toss that word around so much that they don't even know what it means.

There's a lot to unpack here, and there's no way to fully express the ideas of Murray Rothbard, Saifedean Ammous, Hoppe, etc in one post but I'll do my best. Also, your meme is describing what's going on with the current system around the world, no anarchism necessary.

I don't know your background on Austrian economics, but basically, it has been seen time and time again that government is unable to perform economic calculation over production decisions, because of the economic calculation problem. Yet...government can protect property and protect against foreign enemies, right? But, isn't protecting property just another market good? Why can government produce property protection but not apples? Defense is an economic good, it has utility and it is scarce. Individuals can produce it for themselves or acquire it from others on the market. The market for defense is highly developed, from safety locks, alarms and surveillance cameras to drones, guns, security guards and armored vehicles. Also, there are more private security personnel than state security personnel in the world.

There is no satisfactory answer to the allocation of defense resources without private property and economic calculation. Without property rights, there is no objective unit against which to measure the utility from individual allocation decisions. There is no way to allocate scarce resources to where they would produce the most value.

The reality is that defense is provided on the market already. Government defense is mostly about defending the government, not the people. They really couldn't stop the BLM riots or January 6th? Yet they managed to force thousands of businesses to close during the pandemic and lock up millions in their homes.

In a free market individuals would be able to calculate the best allocation of resources and property to meet these needs in the best way they can. Without a free market in these resources, allocation is made without calculation. Tax-funded security providers have no incentive to care about customer satisfaction or resource conservation.

Security and defense are like any other good: best provided through division of labor, capital accumulation, and entrepreneurial calculation in an extended market order. In practice, most security is provided by the market. But it would be a lot better if we didn't have a monopoly (the government). Americans pay enormous sums to police and military, but they are very unsafe. Imagine if the people of Chicago or New York had all their wealth that goes to the police and army available to them to spend on security services that were responsible to them, had no monopoly, no special legal protections under the law, no right to initiate aggression, and no ability to extract tax.

Long story short, if you can't trust the government in running things like the economy, education, transportation, etc. Why would you entrust them with something as important and necessary as defense? Also, voting harder doesn't work.

The question is, how would this society enforce the "don't allow" part?

I can see this food scenario becoming more of a societal norm in some places (ie. Germans don't like littering but it's very common in poorer countries) and in other areas you'd probably sign an agreement. That's the rules without rulers part of anarchy and I agree that is something plausible, to have almost everyone handle their food responsibly *and* voluntarily. The important thing is avoiding control of the food supply and how it is used by some central authority, maybe some people would want to "throw away" food to make compost. Would they be punished and how would that go about? The free market would end up offering the best solutions.