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Ghost of Truth
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Seek wisdom, embrace freedom, secure Your future with #Bitcoin - be #ungovernable. #History #Philosophy #Economy

'The best revenge is not to be like your enemy.' (Marc Aurel and no, he's not doing the 'Elon-move')

So let's stay the course, let's fight for transparency, private ownership, personal responsibility and against the swamp of central planners.

#eu #centralbank #socialism #nostr #bitcoin https://cdn.nostrcheck.me/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/b2f318c827b13aab425f15dcc2df2eccb0f85c232da1578caec9c5c177d00780.webp

Donald Trump has kept his word and pardoned Ross Ulbricht is great and a win for the freedom movement. He now has it in his hands to give the swamp in Washington the next kick in the soft parts and pardon Edward Snowden and Julian Assange as well.

#usa #freeRoss #Assange #snowden #freedom #nostr #trump

ECB's Suicidal Rate Cut Plan: Another Nail in Europe's Economic Coffin

Yannis Stournaras, ECB Council Member, just dropped an interview that perfectly illustrates the central bank's disconnect from reality. He's proposing a sleepwalk to economic disaster: trimming rates to 2% by 2025 through baby-step 25 basis point cuts from the current 3%.

In an interview with Naftemporiki, Stournaras tried to dress up this capitulation as "cautious policy." Sure, as cautious as throwing gasoline on a smoldering fire. With Eurozone inflation still at 2.5% and rising energy prices real interest rates are already in the danger zone and nearly negative.

Europe's economy has become so addicted to cheap money that it can't handle even marginally positive real rates without trembling. This isn't monetary policy – it's economic euthanasia in slow motion.

The EU's economic model is fundamentally broken, running on fumes and fantasy. While the ECB plays its quarterly rate-cut theater, the real economy continues its slow-motion implosion.

#ECB #nostr #Economy #bitcoin #Eurozone #MonetaryMadness #ecb

Gifts As A Medium Of Exchange: The Economics of Honor and Alliance in Homer's Iliad

In the tapestry of Homer's Iliad, the clink of coins is rarely heard, overshadowed by the rustle of gifts exchanged with purpose and meaning. This epic poem, set against the backdrop of the Trojan War, illuminates a society where the economy wasn't only driven by the cold logic of currency - the warm intricacies of gift-giving was given a large space within inter-human action. This system, far from being a mere exchange, was the lifeblood of social, political, and even military interactions, shaping a world where honor, obligation, and alliance were currencies more valuable than gold.

The Ritual of Gift-Giving

Gift-giving in the Iliad is not just about the physical goods; it's a ritual laden with meaning. When Agamemnon offers Achilles a bounty to rejoin the fray—12 oxen, 100 sheep, 10 talents of gold, and a chariot with a team of horses—it's not merely about compensation. This gesture is a public acknowledgment of wrong done and an attempt to restore Achilles' honor. Achilles, however, rebuffs this offer, valuing his honor over material wealth, famously declaring, "I will not fight again until Hector comes to the ships of the Myrmidons and burns them with fire" (Iliad IX, 360-361). Here, the gift is less about the items themselves and more about the restoration of status and reconciliation.

Money in the Shadow of Gifts

While the Iliad primarily showcases a gift economy, there are nuanced hints of a monetary system. The valuation of goods in terms like "talents of gold" suggests that while money wasn't the everyday medium of exchange, its concept was not foreign to this world. This dual system where gifts and money existed side by side is captured in the negotiations and exchanges throughout the epic. For instance, when Priam ransoms Hector's body, he brings "innumerable gifts" (Iliad XXIV, 228), indicating a clear understanding of wealth's value but through the lens of generosity and honor.

The Debate Over Homeric Economics

Scholars debate the exact role of money in Homeric society. Some argue that the Iliad reflects a time where money was emerging but not yet dominant, with gift-giving still serving as the primary means of economic and social transactions. Others suggest that the absence of explicit references to money emphasizes the cultural importance of reciprocal obligations and communal bonds over individual accumulation of wealth.

"The exchange of property and value in the Iliad is central to its entire plot," as one scholar notes, underscoring how deeply woven these practices are into the narrative and the societal structure.

"Ceremonies of giving, especially at the elite level, convey important information about rank and prestige," argues Walter Donlan, highlighting how gift-giving was not just economic but a display of social hierarchy.

The Modern Echo of Ancient Practices

Even today, elements of this ancient gift economy resonate in our cultural practices—think of the diplomatic gifts exchanged between nations or the social capital gained from acts of generosity. The Iliad offers a mirror to our own society, showing how we still value the intangible over the tangible at times, where honor and relationship can outweigh the immediate benefits of coin.

#Economy #nostr #Iliad #AncientTrade #bitcoin #Homer #Achilles #nostrlearn #EpicPoetry #history #Mythology #AncientGreece https://cdn.nostrcheck.me/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/a5cdb424a73a004d96b263c720677c10c5b009531cffcc8f8a21f31be75bb6b3.webp https://cdn.nostrcheck.me/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/6e79942764a6759a19956ae29cf073b9de514ec0248fdf09a146630581ef12c5.webp

A wonderful day begins here in Europe, President Trump has kept his word, Ross Ulbricht is free! The precedent that the state wanted to set against free commerce is off the table. A victory for the libertarians! Let's hope that these events will also inspire European libertarians and freedom lovers, as here in Europe the nooses around our necks tighten further and further, opinion control and pressure from the state increase enormously.

#bitcoin #freedom #freeross #trump #nostr #grownostr #libertarian https://cdn.nostrcheck.me/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/7964ba9388f38a9bd05b67c0f7d6fdb7b0895fc20c285abdc998ec5a7c4ab580.webp

Free Ross, dammit! #freeRoss #Trump #usa #bitcoin #nmos

Half-empty ranks, important statesmen from the ranks of Davos stay away from the event, when even someone like Emmanuel Macron doesn't show up, you can say that the wef is on its last legs. Finished!

https://x.com/Schuldensuehner/status/1881690418322325774?t=iGiyCyZMfvtWtztPGMZrgw&s=08

#wef #socialism #nostr #freedom #eu

Over 50% of the gross domestic product in Europe passes through the hands of state organizations. This is precisely the cause of the economic mega-success of the Europeans and their commies in Brussels. Following their logic, all we have to do is continue to invest in this bureaucracy in order to generate massive growth and new prosperity. USA, dress warmly, Ursula and her henchmen know exactly what they are doing! #EU #europe #socialism #wef #nostr #bitcoin https://cdn.nostrcheck.me/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/a11f4b36ea306f4269585ce6fc68154a1f8b36f1c4849a1ebea076b8577a0b7a.webp

It looks like the liquidity cycle is slowly picking up speed again, as the figures from @CrossBorderCapital show. The dollar also seems to have topped out, interest rates are coming back down a little - things are basically looking quite good for the coming weeks and months. So let's now watch what the PMIs do in the coming days, these are also highly correlated with Bitcoin.

#Bitcoin #nostr #btc #liquidity #economy #grownostr https://cdn.nostrcheck.me/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/366cfffd38caee57a490dfe6a0161e75c8693a9e44d29c8a228378d53988f4fa.webp

The fact that President Donald Trump has withdrawn the USA from the Paris climate agreement, thereby also saving a lot of money fiscally, also sets the tone for the coming years. The globalist policy, which is aimed at centralizing political powers via the climate narrative, has thus failed. What we will see in the future are rearguard battles and desperate actions to keep the remaining financiers of this madness, like Germany, in line.

#USA #trump #wef #climatescam #nostr

Tomorrow will be the first day of the end of the woke Rainbow Stalinist agenda. The commies will then be put on cold turkey, just enjoy it! #USA #trump #wokism #socialism #freedom https://cdn.nostrcheck.me/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/fd3e07a2e6ec8a1df221e7ca33cc38034fdee06acb2d3befd2e1a34038440e0c.webp

These guys seriously still think that they rule the US via their financial system and the infiltration of politics via the WEF (Biden-Obama mafia). I hope the new government can finally put an end to this! #USA #UK #wef https://cdn.nostrcheck.me/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/892c3198e546d701134cb7802ba811e34895347413eedacc387a010f3ff09a8d.webp