Hunter and 10k rats. There's no way to survive an attack by 10k rats so you have to have them on your side. Rats can overwhelm anything coming at you giving the hunter time to pick them off.

There's a lot of truth in the way technology has made the sexes less reliant on each other.

One layer I'd add is that some of the independence is less reality and more illusion. The single man might not need a woman to cook for him, but he probably still relies on women (or men) to do a lot of his cooking. It's just abstracted away from a wife at home who doesn't get paid in money, to cooks and Door dash drivers who he can just pay as a one off service. The single mom might not need a man to grow her food in the form of a husband on the farm, but it's still a man somewhere growing that food, and a man paying the taxes to provide the food stamps she uses to buy that food. Since men are net tax payers over their lifetime and women are net tax receivers, there a lot of support still happening, just in an abstracted way that's not transparent.

I don't know if there's a solution, but I do know that if there isn't and demographic collapse continues its trajectory, the complex civilization we have that allows this illusionary "independence" will collapse, and men and women will go back to depending on each other for basic necessities of life.

nostr:note16qln9l3zf873e3s4pu9s8vt4cuflwdcp9h3vcfhvs8p7fjpsw5gs0j9w2q

This is the concept I think a lot of even Bitcoin economics thinkers miss. It seems like a left curve, right curve meme type of concept. Left curve grug thinking is "the dollar is just fiat paper backed by nothing, the government just prints it."

Right curve giga brain is exactly what you're describing. Base money is now no longer gold, it's literally paper banknotes printed by the Treasury at request of the Fed. The Fed is a legalized banking cartel. Base money is physical cash, and reserve balances held by banks at the Fed. Reserve balances are digital cash, which can be exchanged for physical cash when banks request it. Final settlement is handing someone a physical banknote. That banknote is not backed by anything, and is a bearer asset with no claim on anything else. It's purely fiat money.

The huge midwit middle group are all in the weeds with the fact that commercial banks create credit that's used as money and use Treasuries and other debt instruments as collateral. That leads to people like Nik Bhatia getting so much right, but then calling Treasuries the base layer of the monetary system. They get so deep in the weeds of the debt system and global banking that it probably seems too simple to acknowledge that the whole pyramid is built on top of those green banknotes in your wallet. There really is no deeper and more complex layer than that, and all the debt instruments used as collateral have value because at the end of the day, if the borrower doesn't default, you can get green banknotes in your hand in payment.

nostr:note1ue76at446vtqjx2kpdsvkqnvyr9jznq5numr3r4elzhn74j9799qw42lgk

So the people who support abortion, genital mutilation of minors, force-feeding of sexual perversion to elementary school pupils, and mass importation of millions of foreigners who practice FGM and regularly rape and abuse minor girls, want to remove your ability to communicate privately by using "child abuse" as justification? Yeah, I don't think so, totalitarian scumbags.

Absolutely true. My hope is that someone who's great at communicating complex ideas clearly will pick this one up and express it better than I'm able to.

That's a bot, fyi

While I love the meme power of that simple equation, I don't think it's technically or fundamentally correct. Civilization is finite, and the real important concept is how money enables and contributes to the growth of the civilization "pie".

It's important, because it explains why money should appreciate over time, and why the idea that it should depreciate through inflation is ridiculous and damaging. Equity in a successful company appreciates over time because it represents the sacrifice someone made in the past to build a productive enterprise, when they could have consumed those resources instead. If they're successful, the increased value of that equity is the reward for the productivity that wouldn't exist without that past sacrifice. That aligns incentives in the economy and leads to more abundance for everyone.

Since sound money represents the exact same sacrifice, in an economy that's growing and successful overall, the savers whose productivity and deferred consumption made that success possible should be rewarded with rising purchasing power, not punished with constant inflation.

The incentive structure is completely borked, so it's no wonder the whole system is dysfunctional and failing.

He definitely comes closest out of anyone I'm familiar with. I haven't heard him explain it from first principles though, which I think would be helpful.

I'm sure that's happening to some extent. But case in point, I don't think "Sleepy Joe" is really responsible for much of anything. I think you could have a roll of toilet paper as president and not much would change. I think some of the small group of psychopaths make the decisions, and the useful idiots like Joe dutifully implement the decisions and expect to reap the benefits in their bank account.

All just speculation though, it's out of my control and so irrelevant from a practical perspective.

Can a Bitcoin economist please start analyzing money as an equity share in civilization? All the debt-centric paradigms imported from the fiat system are misleading and unhelpful, and need to be discarded entirely.

I write about this as much as possible, but I have no audience and almost no time to write. And the person who gets this right and presents it in a way that reaches a large audience will be contributing to an actual advancement in economics instead of just rehashing and cobbling together pieces of a fundamentally incorrect paradigm we're currently stuck with.

The financial system is controlled by:

1. A few psychopaths, and

2. A lot of empty suits who've ironically been so confused by the complex obfuscation of their own scam that they can't even describe it's basic function coherently.

It's frankly embarrassing, and the fact that we let these limp-wristed buffoons control the entire global economy, rather than having a good laugh at their inane blathering and moving on with life, reflects poorly on the human population as a whole.

nostr:nevent1qqswns8ywhv823lvjzq5ww05tly2nuemgpq35c2lekz7vx0tg0c7crqpz3mhxue69uhhyetvv9ujuerpd46hxtnfdupzqhgas00rae0dmc2hquw4pydx6ql2mrxwr4rtckz6jep2hhgdkk4qqvzqqqqqqy553vck

Imagine caring about the mouth noises of a politician in the year 2024 🤣

No-till planting corn into live cereal rye cover crop #farming #photo #GM

Funny how that works...

Preflop? Never, I'm getting my whole stack in there with a smile and riding the variance. After the flop? Absolutely, playing your opponent's range is much more profitable than just playing your own hole cards.

How long until "bird flu" becomes the latest reason to criminalize the sale of milk, and push for elimination of any alternative to the pasteurized "milk" sold by the fiat food industry

https://www.zerohedge.com/commodities/early-tests-find-pasteurization-killed-bird-flu-milk-fda

Innocence and guilt don't apply to animals, animals aren't moral actors. So that's not a relevant point imo.

Animals are a resource, and an obviously renewable resource at that. As such, people who hunt animals for any reason have a more vested interest in the conservation of that resource than anyone else. Whether it's for food or for sport, hunters don't want to see the animal population threatened. That incentive is crucial to the conservation of many species around the world.

Even taking elephants for example, to subsistence farmers in Africa elephants are just an extremely destructive pest, one they'd prefer to see eradicated completely because elephants destroying their crops can be a life-or-death situation. The interest and most especially money trophy hunters are motivated to provide to ensure elephant populations remain stable are crucial to prevent farmers from eradicating as many as possible. When trophy hunters are willing to pay thousands of dollars for an elephant tag, suddenly the elephants go from destructive pest to value resource, and local farmers can be compensated for the damage they do and incentivized to also work to protect the population.

Finally, trophy hunters almost by definition target mature males, which is a population segment that can be removed with almost no effect on the population.

"but the bird flu is in the milk now" don't care, not playing this game again, never forgetting

I hope this is a rhetorical question. In case it's not, the reason is that the corrupt bankers own the corrupt politicians and the corrupt executive branch bureaucracy.

Why is it so important to the Fed to keep hammering home their "independence" from the political system? It's not to keep people from mistakenly thinking the Fed is a government organization. If they were concerned about that, they wouldn't have named the organization the "Federal Reserve" when it is independent of the Federal government. No, that's a deliberate impression they try to give to the peasants.

The "independent" talking point is aimed at the political and commercial class, to make sure politicians and businessmen are always aware that the Fed doesn't answer to them, and if they do anything to challenge the cartel, the cartel won't hesitate to unleash monetary nuclear attacks to maintain their grip on power.

The power to counterfeit money with no consequences is orders of magnitude greater and more dangerous than the power to control the US executive branch. The president is an ant in comparison to the Fed board of governors, and they make sure he never forgets that.

nostr:note1we7xmqgf2e37wq84hj8fkjlg0vhnsk2cfmvmg3ksuve05kw3we8sycfps0