U.S. Economic Pulse: Modest Growth and Inflation Watch
The U.S. economy experienced a slight to moderate uptick in activity towards the end of November and through December. Consumer spending saw a modest increase, with a robust holiday season exceeding expectations, as reported in the Federal Reserve's latest Beige Book. Vehicle sales also saw a slight rise, while construction activity generally declined, hampered by rising material and financing costs across several districts. Manufacturing output showed a net decrease, with some manufacturers preemptively increasing inventory due to anticipated tariff hikes.
Inflation Outlook: Chicago Fed's Goolsbee Sees Progress Amid Uncertainties
Austan Goolsbee, President of the Federal Reserve Bank of Chicago, expressed cautious optimism about inflation trends during the 2025 Midwest Economic Forecast Forum hosted by the Wisconsin Bankers Association. Goolsbee highlighted ongoing progress in managing inflation but cautioned about looming uncertainties. "I still see further progress, but we must keep a long-term perspective on inflation," he noted in a Q&A session, signaling a vigilant approach to economic policy adjustments.
#USA #Economy #nostr #bitcoin #InflationWatch #EconomicForecast #Manufacturing #FederalReserve
While the interest rate reduction euphoria in the #US has subsided, members of the #ECB are seriously discussing raising the next interest rate cut to 50 basis points. The #eurozone is deep in #recession and the central planners in Brussels are making no move to change course.
#bitcoin #nostr #economy
Roman invasion of Britain
Archaeologists have found a veritable Eldorado of Roman finds in what is now Britain. Its rich Roman heritage is still visible today and speaks of the Romans' great attempt to integrate this island into the empire. It was not least the construction of Hadrian's Wall in the century that gave expression to this. An interesting podcast about the Roman invasion of Britain: https://fountain.fm/episode/J3i8Cn2IOi1Lex9Pei1n
#rome #britain #history #nostr #nostrlearn #grownostr #europe
All those who believe that the US has the bigger economic and fiscal problem compared to the Europeans will be surprised how an essentially innovative free economy will react to tax cuts and de-regulation after years of socialist back and forth
No, the problem is clearly with the Europeans, the problem is in Brussels, in the EU, which regulates everything to death in order to expand its power base. The bureaucratic parasites and rent-seekers are destroying the productive forces, the Europeans need to understand that now!
#USA #eu #wef #bitcoin #nostr #climatescam #socialism #grownostr #trump 
Weak, centralized power systems such as the EU, to name just one example, use the monkey-like instinct of horde formation, an artificial, quickly created warmth of the nest, which is over-present in the weak individual, for their own purposes of synchronizing behaviour. For this reason, there will never be a lack of attempts to weaken the individual, physically and mentally. Break the chains, stop the propaganda poisoning and dematerialize the power cartel with Bitcoin. The world needs strong and free individuals more than ever!
#eu #socialism #bitcoin #nostr #freedom #ungovernable #philosophy #nietzsche #grownostr 
Offer him some gold junior mining stocks (the shit is for free) and he may activate some rotten brain cells
There is no right to freedom. We must wrest it from the hands of the oppressors (the state and its parasitic henchmen). Without mercy, with courage and self-assurance.
#bitcoin #freedom #stirner #philosophy #libertarianism #nostr #grownostr
Bleed these parasites with btc
The Role of the Military in the Circulation of Coinage in Antiquity
In times of fractional credit money, we can observe how new money is brought into circulation: either through lending by the commercial bank or through the monetization of new government debt by the central bank intervening in the open market and taking the newly issued government bonds onto its balance sheet.
Wonderful, that sounds good! But how did this process happen, how were coins put into circulation in ancient times? Considering that the Roman Empire had a peak population of around 75 million people, we can assume that the economic process, the indirect exchange of coin for goods and goods for coin, must have been a complex process. Let's take a look at how this ancient money could have come into circulation.
In the ancient world, the circulation of coinage was intricately linked with military endeavors, not just as an economic necessity but as a tool for maintaining and expanding state power. The military's role in the introduction and dissemination of currency was multifaceted, influencing both the production and the distribution of coinage.
Production of Coinage
Funding Warfare: The minting of coins was often directly tied to military campaigns. States needed a reliable and efficient means to pay soldiers, which coinage provided. For example, in Athens, during the 5th century BCE, the silver mines at Laurium funded the creation of the Athenian "owl" coins, which were then used to pay the rowers of the Athenian fleet, pivotal during the Persian Wars.
Minting as a Military Operation: The physical act of minting could be a military operation. In Rome, for instance, mints were sometimes set up in military camps to provide immediate access to currency. This proximity ensured that soldiers could be paid promptly, which was crucial for maintaining morale and loyalty on long campaigns.
Control Over Resources
The military secured the resources necessary for coin production. Control of mines, like those in Spain during Roman times, directly influenced the state's ability to mint coins. The silver from these mines funded countless military campaigns and sustained the Roman economy.
Distribution and Circulation
Perhaps the most direct role of the military in coin circulation was through soldiers' pay. Coins were minted, often with the image of the current ruler, to remind soldiers of their allegiance. This payment system not only facilitated military logistics but also spread currency far and wide as soldiers moved or were stationed across vast territories.
Military conquests often led to the imposition of the victor's currency. When Rome conquered new territories, Roman coinage would be introduced, either replacing or circulating alongside local currencies. This not only symbolized Roman dominance but also integrated these regions into the Roman economic system.
Military campaigns also affected coin circulation through hoarding. Soldiers or local populations might bury coin hoards to hide wealth during invasions, which, when later discovered, provided insights into the spread of currency. These hoards often included coins from different regions, indicating the breadth of military and economic interactions.
The presence of soldiers could stimulate local economies, leading to increased circulation of coinage. Soldiers' wages were spent in local markets, thus distributing coins throughout the region. Conversely, military expeditions could lead to economic disruptions, influencing the supply and demand for coinage.
Propaganda and Power
Coins were used as propaganda tools by military leaders. Roman emperors, for example, would depict military victories or deifications on coins, reinforcing their image as protectors and conquerors. This not only boosted morale among troops but also among the populace back home or in newly conquered areas.
In newly subjugated regions, the introduction of a new currency was a tangible demonstration of power. It was a way for military leaders to assert control over economic systems, showcasing their authority and the reach of their empire.
The military in antiquity was not just a consumer of coinage but a pivotal agent in its circulation. Through funding wars, paying soldiers, controlling resources, and spreading coins through conquest, the military shaped how coinage was used, valued, and distributed across the ancient world. This relationship between military power and currency was fundamental to the economic and political structures of ancient civilizations.
With their high demand for consumer goods and material military camps attracted commerce that finally grew to the foundation of early middle age cities. In a sense minting and letting these coins circulate via the military shaped the european landscape until our present days.
#soundmoney #rome #history #bitcoin #nostr #nostrlearn #coinage #solidus #culture 
“Those who love wisdom must investigate many things.” (Heraclitus)
Get started with Bitcoin today, if you haven't already, and begin the journey that will lead you to independence. Without knowledge, you are dependent on the judgment of the general crowd.
#bitcoin #ungovernable #nostr #plebchain #fiat #fiatprison
Now we know why men settled and started cultivating corn... waiting for fermented fruits could be too high a price
Nice. Thank You
What if Trump's hair wouldn't be orange??
Oh nice to hear that. Take a cup of wine and enjoy it. Greets
Signs and wonders are still happening! Today, the German value-conservative newspaper 'Die Welt' reports on the exodus of banks and investment funds from the climate pact. It is truly amazing to see how the election in the United States has turned all the rules and incentives upside down. It simply has to be said: the course of the world, at least the political and geopolitical course, is decided in Washington. Let's hope that we can use the umWeg to weaken Washington back onto a general path of reason, that meritocratic values will prevail over ideological intervention and that civil society can recover from the years of attacks by the Davos globalists.
#USA #climatescam #blackrock #wef #nostr #bitcoin #media 