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psychopathic stacker~class of 2020~ 58K gang~Canadian 🇨🇦~libertarian~anti violence~freedom maximalist~married~father~mining~mstr bull-Christ is King
Replying to Avatar Jaret

Lol..

Yur being a hoser!

Replying to Avatar Ghost of Truth

Japan’s Inflation Surge Signals Trouble for Fiat Dreams

Consumer costs spike, central bank braces for bond market turbulence

In a jolt to Japan’s economic landscape, consumer prices soared in January at the fastest pace in two years, igniting speculation of an impending interest rate hike. Official data reveals a year-over-year surge of 4.0% in the consumer price index, up from 3.6% in December—the first time since early 2023 that inflation has hit this mark. Dig deeper, and the culprits emerge: energy prices rocketed 10.8%, while food costs, excluding volatile fresh produce, climbed 5.1%. Even the core inflation gauge—stripping out fresh food and energy—edged up to 2.5% from 2.4%, signaling persistent pressure beneath the surface.

This spike isn’t just numbers on a page—it’s a warning flare for a nation already wrestling with sky-high public debt and a central bank on edge. Bank of Japan (BoJ) Governor Kazuo Ueda isn’t sitting idle. Addressing a parliamentary committee, he pledged to counter “abnormal” spikes in bond yields with flexible purchases of government debt. “When long-term rates surge in ways that defy normal patterns, we’ll step in to stabilize the market,” Ueda said, underscoring the ripple effects: higher borrowing costs for businesses and potential losses on banks’ bond holdings.

Japan’s predicament is a live-wire case study in the unraveling of fiat credit systems. Production is ticking up, and the economy shows flickers of stability, yet runaway consumer prices are exposing cracks. With the state drowning in debt, the BoJ’s inevitable intervention looms—a move that could dash hopes of normalized, positive real interest rates faster than seasoned observers might predict. This isn’t just Japan’s story; it’s a preview of a global reckoning. As fiat currencies lose ground, the stage is set for Bitcoin and gold to seize the spotlight.

#Japan #Economy #InflationWatch #FiatCollapse #BitcoinRise #CentralBank #Nostr #Bitcoin #Gold

Japan is the canary in the coal mine. ‘Abnormal spikes in bond yields’ 😂

Replying to Avatar Ghost of Truth

Ancient Roman Taxes and How the State Kept the Lights On

Let’s dive into the ancient Roman tax system—a messy, evolving beast that somehow kept one of history’s biggest empires afloat until it finally collapsed as a form of late-antique socialist nightmare. From the Republic’s citizen-focused levies to the Empire’s province-squeezing machine, Rome figured out how to fund its legions, aqueducts, and free bread handouts. Spoiler: it wasn’t always pretty, and yeah, they even taxed pee. Stick with me—this gets interesting.

The Early Days Of The Republic

Back in the Roman Republic (509-27 BCE), taxes were straightforward but kinda brutal if you were a citizen with land. The big one was the tributum—a direct tax on property and wealth. Every few years, they’d do a census, sizing up everyone’s stuff and splitting the people into five fiscal classes. The richer you were, the more you paid. Fair, right? Well, if You're a commie that sounds like a good deal. It funded wars and kept the state chugging, but it hit Romans directly.

Then, in 167 BCE, after Rome smashed Macedon and hauled in a ton of loot, they pulled a flex: no more tributum for citizens in Italy. Sweet deal if you lived there, but it shifted the burden onto the provinces. These conquered lands started paying a fixed tax called the stipendium, originally meant for soldier salaries. Rome was like, “Thanks for the cash, new guys—enjoy being part of the club.”

The Empire: Augustus Levels Up the Game

Fast forward to Augustus (27 BCE-14 CE), Caesar's adopted son who turned Rome into an empire and decided the tax system needed a glow-up. He introduced the vicesima hereditatium—a 5% inheritance tax—and the centesima, a 1% sales tax on auctions. These funded a shiny new military budget, the aerarium militare, because legions don’t pay themselves. People grumbled—nobody likes tax hikes—but Augustus sold it as patriotic duty.

The Empire split provinces into two flavors: senator-run ones feeding the aerarium (public treasury) and emperor-run ones filling the fiscus (his personal stash). The fiscus started as Augustus’ Egyptian side-hustle but grew into a monster, soaking up cash from imperial lands. By now, Italy was mostly tax-free, while provinces picked up the slack. It’s like Rome said, “You’re Roman now—pay up.”

Publicani: The Tax Collectors

Here’s where it gets sketchy. Rome didn’t have a slick IRS—they outsourced tax collection to private contractors called publicani. These thieves bid for the right to collect taxes in a region, paid the state upfront, and kept whatever extra they squeezed out. Profit motive meets ancient bureaucracy? You bet it led to corruption. Provincials got fleeced, resentment brewed, and the publicani became the poster boys for Roman greed. Think of them as the ancient equivalent of a shady landlord hiking rent just because he can.

How’d They Spend It?

So, where’d all this money go? The military was the big hog—50-75% of the budget, depending on who’s counting. Rome had a massive standing army, guarding borders from Britain to Syria and occasionally conquering something new. That’s not cheap. Next up: infrastructure. Roads, aqueducts, temples—the Romans built stuff that’s still standing today. They also ran a welfare gig in the capital, handing out free grain to keep the plebs happy and riots off the streets. Add in admin costs, and you’ve got a budget that’d make modern governments sweat.

Late Empire: Diokletian’s Big Pivot

By the 3rd century CE, things were shaky—wars, inflation, chaos. Enter Diokletian with his capitatio-iugatio system, tying land and head taxes together. It was efficient but grim, chaining farmers to their plots like medieval serfs. Short-term, it stabilized cash flow; long-term, it stiffened the economy and provoked a booming black market economy and devolution toward barter. Rome was adapting, but the cracks were showing.

Weird Tax Flex: Pee Money

Okay, here’s the wild card: Rome taxed urine. Under Vespasian, they hit up public toilets and tanners who used pee for ammonia—think cleaning, leather-making, even fertilizer. When his son complained it was gross, Vespasian allegedly waved a coin and said, “Pecunia non olet”—money doesn’t stink. Practical? Sure. Bizarre? Absolutely.

Social Vibes and Reforms

One big move was Caracalla’s 212 CE edict, making every free man in the empire a citizen. Cool for rights, but also a tax grab—more citizens, more taxpayers. The census kept things “fair,” but corruption and exemptions for Italy meant provinces felt the squeeze hardest. No wonder some saw Rome as less liberator, more loan shark.

Wrapping It Up

The Roman tax system was a rollercoaster—from citizen duties in the Republic to province-powered empire cash. It bankrolled a military juggernaut, epic public works, and bread for the masses, but it wasn’t flawless. Outsourcing to publicani fueled corruption, and late reforms like Diokletian’s locked society into rigid tiers. In fact, Diocletian's reforms layed the groundwork for the medieval order. Still, Rome’s knack for taxing everything—even pee—shows how creative they got to keep the empire humming. Next time you groan about taxes, just be glad nobody’s billing your bathroom breaks - until now. I bet, the EU already has some brain storming central planners working around the clock on this topic.

#History #Economy AncientRome #Taxes #Grownostr #Nostr #NostrVibes #Plebchain

Taxes and debasement to fund the military. 🤔

So cool nostr:note1malutdlm7rns04sjhq0dqdpx7amlkn378lvdtc5nd48p777u2x9q5mlndg

This just happened to me! I wished him well. HFSP

Entrepreneurs are the best of us. nostr:note1wf8zwxcv0uzvfn3ktz6ydqxff36fujvttdgx074eewzahrz3mshq2rgr9h

Agreed. It’s not about logic anymore it’s feelings and platitudes. I now ask for specifics when people making sweeping generalizations