Yes, interested. And buying their products is more than charity. There’s definitely a time and place to take up an offering for the saints in Jerusalem, see the book of Philippians. But, this is commerce and allows them to support themselves more long term.
They are telling you what they’re going to do, and telling you they are long on hard assets. Believe them.
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He actually said inflating your way out is how “all other civilizations did it.” Yeah, they tried and it collapsed anyway. And he admitted that you’re still increasing the debt, he knows you’re hosed. He knows you have to cut SS, Medicare, and defense, plus reduce the federal government size and spending, just to stay even (but then they all get tossed out of office and replaced with people that lie to you and tell you they can fix it) then print and debase the currency to pay for the debt you have already incurred. But the new people restore the benefits because that’s why they were newly elected. When we use a currency they can’t inflate, and can’t pay for benefits and war through debt, the new people can’t restore the old system. The US also loses its place as the world policeman and then what? Hopefully, my friends in the Service will stop getting killed in wars that don’t protect us, and we spend our fewer resources at home on our own citizens. Rant over.
Great question. I look forward to reading your honest defense of ETH. On our podcast (Have You Not Read?) we deal with more philosophical and Biblical topics, so a different realm than finance or fiat money. (We recently attempted to give an honest assessment of covenant theology from our Presbyterian friends.) But, there’s some overlap with BTC as well, as govt fiat quickly, and in all recent cases, degenerates into stealing and dishonesty. I think the best steelman I have heard is from some guys on Kings Hall that want to understand our gold bug brothers, who have so many of the same arguments against inflationary monetary policies. But, I have yet to hear a good steelman of MMT.
Absolutely. How can you even begin to agree or disagree with an argument you don’t understand?
Flying into Dallas and the Texas State Fair is in full swing. Big Tex is smiling on the growing crowds.

Seen from the air, this forward thinking landowner planted trees to spell out his name. Must have taken years.

I was totally going to post that very thing. You are too fast.
Although I can’t recommend the show, this clip just hits the nail on the head. If you feed off negative energy, pretty easy to get people riled up. Angry and scared people are easy to manipulate.
Sure. Maybe call it “The Catamite”?
You are not the only one, D.
Off the California coast, flying at about 8,000 feet.

Ok, I love the Potterverse. Play the games and go to the parks. Nerd. I come across girl Potterheads that just love Draco, naming cats after him. They love the villain. But, I got to go with Harry. Harry was conflicted and was just a kid. Made mistakes but ultimately did what was right, even when it was hard. Forgave Snape and gave his son Severus as a middle name. He was a true friend and was willing to sacrifice himself for them. That being said, for Halloween, I was Snape. Because he was so extra. Allen Rickman did a masterful job.
I love this! Teaching my daughter sound money principles now. Trying to overcome 2 generations of fiat propaganda.
Salute to Hal’s Day! Just now learning about this great man.
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Reading The Ever Loving Truth by Voddie Bachman now. Highly recommend. Add Tom Nettles to that list. https://christoverall.com/article/longform/the-good-confession-why-southern-baptists-would-do-well-to-embrace-their-confession/
Just read an article written in 1945 by F. A. Hayek, at FEE.org. Outstanding.
Just listened to the show. What I love is that you guys are not monolithic. You can disagree and actually have engagement. The discussion is why I listen. Otherwise, it’s just another lecture. Keep it up.
Ok, from the talk, she lost me at the idea that you can have value without scarcity. Built-in scarcity, proof of work, and halving the block reward over time prevents the inflationary pressures we see in state fiat currency. Abundance results from free market efficiency that rewards the best product at the cheapest price showing that deflation from efficiency is a sign of a healthy economy. See televisions. But this presupposes a hard money. The decentralized price system from a web of interconnected individual choices using hard money produces abundance and efficiency instead of the Communist ideal of a command and centralized economy, which had produced shortages, corruption and rampant inflation in every case and in every culture it has been tried. Analysis and engagement.


