7e
Shoddy-Log
7eda84ce8477cf6e055af3e87fec2c8b0023fd69db6f711ae865ef791cb451d8
pwning noobs

Inflation isn't caused by supply shocks, or greed, it is caused by expanding the money supply relative to production.

The economy is highly distorted, and requires a brutal correction.

Capitalists cause financial crisis by manipulating the government, which causes a misallocation of capital. It is a contradiction inherent to capitalists.

Real capitalists don't engage in anti-competitive behavior

Keynes and Hayak are the worst economists of all time

I mean, his book is called Capital. Marx was a great economist. Labour is kind of an important part of Capitalism.

Read Mises and Marx if you want to understand the economy

Big crash coming next year

Depends. It's more risky than buying bitcoin, but it's better if you're bullish. MSTR is also a company, so some people might prefer it over bitcoin. I'm not sure exactly what they do, I think they sell servers or something. And I'm not sure how profitable they are, but I haven't heard anything bad about the company. Personally, I find leveraged ETFs to be too risky, but MSTR isn't exactly a leveraged ETF. It's safer than a leveraged ETF because it is an actual company.

Capitalism is failing because there isn't enough competition

Corporations bought the government a long time ago, that's why everything is so fucked up. Politicians will never do what the people want because the rich would never allow it.

Capitalists destroyed the free market.

It's good that inflation has come down. It's also good that there will be deflation in the future.

Everything, basically. Bitcoiners seem to think the government is printing money still, that inflation is still bad, and that fiat is going to zero. None of that is true.

There's just a lot of conspiracy theories in the bitcoin community. Nostr is pretty diverse, but other social media has big cult vibes. There's also a ton of misinformation about economics in the bitcoin community. It's kinda cringe.

I can't wait for all these investment cults to die. Especially the AI cult and crypto cult