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Jac
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Agorist The space between… John Nash Friedrich Hayek Noam Chomsky Ayn Rand RD Laing Hannah Arendt Samuel Edward Konkin III

While I think that community is important, and that less capable people can benefit from charity coming from the top, that charity should be motivated by guilt or pity, or from a sense of plentiful resource generosity, it should never be compelled or proctored by any government.

This is why printed money given to war efforts, which distills to the wealthiest 1% results in currency inflation with increasing consequence the further you are away from the apex of wealth. That makes sense. Thank you.

So I’ve been reading about inflation. While I know that printing new fiat currency fuels inflation, I’m not sure exactly why. Let’s say I have ten people and ten thousand distributed entirely between them, but not equally because that isn’t the way the world works. They participate in an economy self contained amongst them, and I show up with an extra 10% of the total economy and start to participate by lending this money to the ten people in a discriminating way. What happens to their purchasing power and why?

What is the best solution for self contained zapping wallet? WOS? I use Phoenix for larger amounts, but I think it isn’t suitable for the always ready to receive zapping scenario.

No worries, thank you. I’m on TestFlight. I’m a big fan of Damus. It was, and will always be my first Nostr client. 😏❤️

I do, I just updated, it had been a while.