Yes, but not for the reasons you may think. Fiat is at the core of the problem, but the mechanism is our higher education system. Parents and children are brainwashed into believing that they are unsuccessful and will never live the American Dream without attaining a university degree.

High schools lowered graduation standards, colleges lowered admissions standards and loans became easily accessible. Colleges expanded degree programs to a bunch of useless majors. Now we have a couple generations of people who are pissed because their cultural studies degree can’t get them a high paying job and they owe a large multiple of their annual income in student loans.

Many of the first generation of these graduates now have children that are graduating high school and the parents are encouraging their children NOT to attend college.

Want to watch a precursor to the fiat collapse? Pay attention to the college enrollment cliff. Applications are already down 5%-10% (depending on whose data you believe) this year.

Why do you think this is happening?

GM Nostr and Happy New Year. When my sons asked me what I wanted for Christmas I asked for a day without electronics. Yesterday we turned our phones off from sunrise to sunset. I can’t remember when I’ve had a better day. Here they are learning how to process a pig I raised. My oldest son took the shot. His first time harvesting a large animal. Such a proud and peaceful day.

#grownostr #permies #farm #farmlife #homestead

A low fat, high fiber diet is heart healthy, brain healthy and a great way to keep cholesterol low and blood sugar under control.

Me: Hey Fed, how much is M3?

Federal Reserve: …(sounds of crickets chirping)

Me: No, really, what’s the total global supply of US dollars?

Fed: (nervously looks in random directions)

Me: HOW MANY US DOLLARS DID YOU COUNTERFEIT AND USE TO CONTROL CORRUPT OPERATIONS?

Fed: “We are happy to announce that inflation is over and we’re cutting rates by 25 basis points. “

So sorry to hear that your career as an Auror after finishing Hogwarts didn’t work out for you Harry. Have you tried “expellium p-trapus clogus”?

Look how much shaded area is in Missouri. I’m from Missouri. The Norton grape is a native of to Missouri with a large, round, light

purple fruit. Discovered by early German settlers, it is the standard rootstock that European grapes are grafted onto to resist American blight. Norton grapes make a fair to good non-aged white table wine. Similar to a Riesling or Grawitztaminer (spelling?) when allowed to age in American Oak barrels the Norton great produces a less sweet, dry wine, somewhere between Chardonnay and Moscato. With flavors of citrus, stone fruit, and orange blossom. When the skins are allowed to ferment with the mash in a large oak barrel for a significant amount of time, you get an excellent red wine with flavors of tobacco, leather, dark, cherry, and plum. A very dry, jammy wine. It’s unfortunate that most Missouri wineries add sweetener or flavoring to their wines as this is a fantastic grape that grows in climates with a high annual rainfall and extremely cold winters, which I highly recommend you try. Also, due to its high sugar content it makes a great ice wine and is wonderful for jelly.

I don’t completely disagree. However, in my own personal story and the story of many of my contemporaries, people like us that spend all their waking hours working do it to get out of the rat race. Spend 16 hours a day working towards your own goals for 20 years here in the US and you’ll either be financially independent well before the average retirement age or you’ll have hardly progressed at all. If someone spends 20 years working 16 hour days and they don’t progress, whose fault is that, really?

I get it. I became debt free before I found bitcoin. I may have a different opinion if I were in your position. Regardless, the financially independent lifestyle doesn’t change much after you become debt free. Instead of paying bills you put the same money into investments.

That’s why my daily driver is a 1978 Chevy C10. I could replace the entire drive train for less than a year of payments on a new Silverado would cost.

The best way I heard it explained was: Bitcoin is forever money so you should only buy forever things with it. When I say forever things I mean like the pyramids of Egypt or the 2000 year old Roman aqueducts that are still in use today. Were any of the things you bought with a credit card going to last forever? The car certainly won’t.

For purposes of being reasonable let’s say that “forever” is the rest of one’s life. Is that the last home you will ever purchase? Then yes, paying off a mortgage now to stack more sats for the rest of your life would be pretty reasonable.

Merry Christmas Nostr.

First El Salvador and now China. Gold is going to have some serious inflation. I believe that will translate into fiat currency inflation.

#bitcoin #gold #bitcoinfixesthis

https://www.yahoo.com/finance/news/geologists-might-stumbled-upon-largest-133000185.html

PayPal steals peoples money. Ask me how I know.

Learning more about #meshtastic this evening. I successfully sent and received my first test messages. Spent some time scrolling through local nodes looking for people to reach out to and found this gem.

#grownostr #hamradio

I fucking love bitcoin maxis! You’re right, but I’m old and afraid.

I find it interesting that the soldiers didn’t defend themselves. Were they unarmed? Are they lacking training? They were definitely afraid. However, even if it was a kamikaze drone loaded with anti personnel munitions I would think that shooting it, even from a few feet away would increase the likelihood of survivability. I understand that we are watching the emergence of genuine fifth generation warfare. However, any Ham Radio operator on the planet could build a directed energy weapon out of an old microwave that would fry even the most hardened drone at five to ten feet. Why are they just cowering like that?

Yeah, bond yields are no longer slightly inverted, this is the part of the chart where, in the future, we will point to it and say “look, this is where it started.”

I work in real estate and what’s funny is that highly ignorant buyers are smash buying houses for a week or two after the Fed lowers rates because they believe it affects them.

If bitcoin goes to $70K I’ll sell one of my rental properties, pay the tax penalty and yeet the whole nut into bitcoin.