"Study the past if you want to define the future." - Confucius
#MonetaryHistory of #FiatMoney
“What good should I do this day”
BF
#YieldCurveControl is a strategy used by the #BOJ to control interest rates and encourage borrowing and spending. Sets a target interest rate then it buys or sells government bonds to keep the actual interest rates.
With as little as 5% #inflation it takes only 14 years to halve a currency’s value.
Compound #inflation exponential effect works in reverse way to Albert’s 8th wonder of the world
The #poor always end up paying for inflation, while the #rich understand the game and plays with rules, borrowing money, debt that through #inflation becomes less expensive
Todays game, is not a fair game
The higher your time preference, the more you let instincts dictate your behaviour
A person with the highest time preference imaginable is a feral beast. When you have no savings you can’t plan for the future. Your first priority becomes to survive.
#lowerYourTimePreference
Abundant resources don’t have prices. Air, for instance, is almost always free. Scarce things are costly
♾️ / 21,000,000 🤯
Bitcoin: Beyond The Bubble | Documentary | Cryptocurrency | Digital Curr... https://youtu.be/0bWSJrcPAHY
WHAT #BITCOIN TAUGHT ME
🚀 Crypto Perspectives Shift!
2017, "too much carrier risk" for #Bitcoin talks.
2021, "too much risk not to know." Now.
2023, "too much carrier risk not to own."
nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a
Greg Foss & Joe Carlasare | BlackRock ETF Will be Approved | https://www.youtube.com/live/_tSZFItJ6KA?feature=share
#DebtRefill As old bonds mature (reach the end of their term), the government may need to borrow more money to pay back the bondholders. It does this by issuing new bonds.
This process of issuing new bonds to pay off old ones is called "debt refill" or "rollover." Essentially, it's like refinancing a mortgage. The government keeps borrowing to cover its ongoing expenses and debt obligations.
@LynAldenContact Alden | Bitcoin ETFs | EP 116 https://youtu.be/OHSePzxk3lk
#RealizedCap is used to measure the total value of a cryptocurrency network, based on the price at which each coin was last transacted. Values coins that have recently been traded more than those that have remained untouched for a long time.
Realized Cap can differ from Market Capitalization.
@glassnode
One #Bitcoin On-chain Metric to Rule Them All: Mastering the Realized Cap https://youtu.be/-xFi-VJlotM
One man playing God with the economy can’t be good.
The man says he can assemble a billion pieces puzzle 🧩 with a dynamic picture on it, with no problems 🙄
More Rate Hikes?? FED’s Press Conference REVEALS This!! https://youtu.be/8bjrIPDO5QU
#Bitcoiners are everywhere.
I could be wrong but some in GBNEW.COM get it
Digital Pound: 'With a CBDC you lose complete control of your wealth!' |... https://youtu.be/P76uOIOSozc
"Those who would give up essential liberty to purchase a little temporary safety deserve neither liberty nor safety." BF
Chris Tarbell: FBI Agent Who Took Down Silk Road | @lexfridman Podcast #340 https://youtu.be/4KiO8GRgwDk
#BTC is lighter than #gold more auditable than #Fiat and as scarce as #time nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe
#Inflation is the result of increasing the money supply, the cure of it is increasing the productivity/output
What does high interest rates generate?
@elonmusk BRUTALLY Honest Interview With @TuckerOriginals https://youtu.be/zaB_20bkoA4
1)What does high interest rates generate?
2)What happens when this increase in the money supply gives the delusion to companies that offer products and services that a new demand is coming in and they need to “prepare” themselves/with “more output” for the future expected demand?
3) At some point the expected demand never comes and prices will drop like a rock?
#Inflation is the result of increasing the money supply, the cure of it is increasing the productivity/output
What does high interest rates generate?
@elonmusk BRUTALLY Honest Interview With @TuckerOriginals https://youtu.be/zaB_20bkoA4
Time 🕰️ is money 💰 and 💰 is 🕰️
🎶 In the realm of finance, a tale unfolds,
💰 Of sound money's worth, a tale of old.
⏳ Bitcoin emerges, a dance divine,
🔒 Digital scarcity, a grand design.
🌟 The difficulty, a waltz of might,
⛏️ A dance of miners, day and night.
🧩 A puzzle to solve, with all their might,
🔗 Each block a triumph, a shining light.
🌌 From chaos comes, the order found,
🔐 In blockchain's realm, truth is crowned.
📚 Immutable records, we are bound,
🌍 To shape a future, firm and sound.
🚀 Let's cherish now, this monetary art,
🌐 A decentralized dream, a work of heart.
💼 In sound money's realm, we find our part,
💪 To build a world, where hope restart.
My friend Chat and I
#Time is the only natural resource that worths anything.
The very definition of economics is management of #scarce resources
Successful #Alchemy would have defeated its own purpose, will ruined gold and make the alchemist very rich. #CentralBanks
The further away you are from the alchemist/CB the more you pay for the counterfeiting