Rather than join Galt right away, I’ve decided to keep riding the Taggart Transcontinental until it grinds to a halt or I get thrown off, whichever happens first.

I speak Spanish and that isn't what she's talking about 🤣😂

I wonder if it's just the late stage fiat, or what else is exacerbating it. I suspect the 2 party system and a big state is the cause.

But what are the causes of the 2 party systems?

Is the evolution of all repeated democratic games towards the big state 2-party systems?

Life as a carnivore is so simple. No more decision fatigue in the grocery store, restaurant, or shopping street.

One of the major issues with inflation is that it puts the onus on wage earners to try to keep up. A depreciating unit of account benefits the status quo and puts the burden of negotiation on the one that wants to change it.

For example when Egypt cut their currency in half relative to the dollar over 18 months, every worker now has to try to double their wages or simply accept lower international purchasing power, and of course 99% get the latter.

One of the big narratives in UK and other parts of Europe lately is that they gotta prevent wages from rising too fast lest they cause inflation. But those wages are just trying to recoup some of their losses from inflation. First lawmakers said it was a supply chain problem, then they said it was an oil price problem, and now they say it's a wage problem, but ultimately it's a quantity of money problem (and an energy insecurity problem).

A lot of people change jobs unnecessarily just because that's how they get wage increases. Wages become "sticky" and so rather than moving up wages in place rationally to keep pace with inflation and the worker's own increased productivity, workers have to change jobs for no other reason than to reset the anchoring bias.

Sunday Survey:

What's the ideal size for a Bitcoin conference?

this is obviously a joke but it’s also a fun case study on hype and fear mongering about “AI” and the philosophy of computation in general.

an 8 year old can understand the Collatz Conjecture but it doesn’t seem like there is enough energy in the universe to brute force our way to a counterexample that would disprove it. you need to actually *think* and computers can’t do that. nostr:note18chjaagfgvcuqvcrmsqt83sy532xz9pfnyl6vsmnsxxaslx4pr5qjeuywr

So you're not signing up for your $10,000 stimulus cheque? A lot will have too, as the rent will go up the following month.

I do not like when people tell me how I should be experiencing something. If that is your philosophy I am no longer interested in Amethyst.

Avoid getting rekt by reading the #Bitcoin  whitepaper

The point of Bitcoin is not to have to trust third parties. It’s mentioned in nearly every sentence of the first page

bitcoin.org/bitcoin.pdf

the excuses blue checks make about their verification compliance will sound very similar to those made about CBDCs - it is a teaser of what is to come

Why are you here and not on twitter?