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Eric ✝️🇻🇦🇨🇦🇵🇹
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🇻🇦🇨🇦🇵🇹 Nostr since 02/23 xmrchat.com/eric #Ontario #Canada

They will introduce a CBDC to save you from a comercial bank failure.

Then they got you.

I had lunch with a vegetarian today.

Our ideologies clashed.

I actually wasn’t expecting that. I thought it might have been a stereotype.

Eleven EU member states vow to "strengthen the cooperation" on nuclear energy. Germany absent.

https://t.co/kZDv3y1SJE

With the Infinite Banking Concept, you can create a legacy of financial security for future generations, passing down wealth that can continue to grow over time.

#InfiniteBankingConcept #IBC #BecomeYourOwnBanker #Bitcoin #Interest #Taxes #RealEstate #CashFlow #Inflation #plebchain #nodestrich #Canada #Ontario #Austrian #libertarian

Slight hyperbole but mostly true: It only takes one of the big banks to report a loss in earnings and spook the markets for everything to implode in the banking sector in Canada.

central bankers were entrepreneurs, they would go broke

UK and EU have agreed on a new deal on Northern Ireland post-Brexit trade rules.

Awesome. I'm glad to hear it.

Share some of your thoughts along the way so that others including myself can get glimpse into Mises' ideas.

Getting the bitcoin to the people was the easy part. Having a local bitcoin adoption with businesses accepting it, etc would have made a world of difference. How do we get there?

Some of the key points of Austrian economics:

Methodological individualism: Austrian economists believe that the actions of individuals are the basic building blocks of economic activity. They emphasize the importance of understanding individual motivations, preferences, and decision-making processes in order to understand economic outcomes.

Subjective value theory: Austrian economics rejects the idea that there is an objective, universal measure of value. Instead, they argue that the value of goods and services is determined by the subjective preferences and judgments of individuals.

Market competition: Austrian economists emphasize the importance of free markets and competition in promoting economic growth and efficiency. They argue that free markets allow individuals to pursue their own self-interest, which in turn leads to greater innovation, efficiency, and overall economic prosperity.

Capital theory: Austrian economists place a strong emphasis on the role of capital goods in economic growth. They argue that capital goods, such as machinery, equipment, and technology, are critical for increasing productivity and creating economic value.

Business cycles: Austrian economics emphasizes the importance of understanding the causes of business cycles, or the fluctuations in economic activity that occur over time. They argue that business cycles are largely driven by changes in the supply and demand for credit, and that government intervention in the economy can exacerbate business cycles.

M - Methodological individualism

S - Subjective value theory

C - Market competition

C - Capital theory

B - Business cycles

"MSCCB" or say it with me "Market competition creates capital, subjectively valued by individuals through individual decision-making, driving business cycles".

Some of the key points of Austrian economics:

Methodological individualism: Austrian economists believe that the actions of individuals are the basic building blocks of economic activity. They emphasize the importance of understanding individual motivations, preferences, and decision-making processes in order to understand economic outcomes.

Subjective value theory: Austrian economics rejects the idea that there is an objective, universal measure of value. Instead, they argue that the value of goods and services is determined by the subjective preferences and judgments of individuals.

Market competition: Austrian economists emphasize the importance of free markets and competition in promoting economic growth and efficiency. They argue that free markets allow individuals to pursue their own self-interest, which in turn leads to greater innovation, efficiency, and overall economic prosperity.

Capital theory: Austrian economists place a strong emphasis on the role of capital goods in economic growth. They argue that capital goods, such as machinery, equipment, and technology, are critical for increasing productivity and creating economic value.

Business cycles: Austrian economics emphasizes the importance of understanding the causes of business cycles, or the fluctuations in economic activity that occur over time. They argue that business cycles are largely driven by changes in the supply and demand for credit, and that government intervention in the economy can exacerbate business cycles.

Lagarde: "We will raise interest rates as high as needed to return inflation to our 2% target."

Yields up. Bonds down. Your Pension = collateral damage.

2. With the Infinite Banking Concept, you can create a source of tax-free income that you can use to fund your retirement or other long-term goals.

#InfiniteBankingConcept #IBC #BecomeYourOwnBanker #Bitcoin #Interest #Taxes #RealEstate #CashFlow #Inflation #plebchain #nodestrich #Canada #Ontario

Best thing about Nostr is I don't need to see Jason Plowery book release retweets on Twitter.

Bybit ape longed $3.5mm $BTC

Got hunted 14 mins later... then price popped straight back up to his entry