Right there with you..."Those are rookie numbers. You gotta pump those up."
The man who says he 'can't' and the man who says he 'can' are both right.
That's my grail watch. Love the clean white aesthetic. Enjoy in good health my man!
Iran has nuclear weapons like Iraq had weapons of mass destruction. "History doesn't repeat, but it sure does rhyme"
nostr:nprofile1qqsvf646uxlreajhhsv9tms9u6w7nuzeedaqty38z69cpwyhv89ufcqpr3mhxue69uhkummnw3ezucnfw33k76twv4ezuum0vd5kzmqpzpmhxue69uhkummnw3ezuamfdejszk4kpu is a BAAAAD man! Keep killing it, brah! And also please let your Nostr faithful know when the "XXI" IPO is gonna drop. Don't want to miss opening day.
GM.
Chapter 13 of Broken Money is called "Heavy is the Head that Wears the Crown".
It focuses on the US trade deficit and why it arises structurally. In short, since the USD is the global reserve currency (for reserve assets, international contracts, FX trading pairs, and cross-border funding), there is tremendous automatic demand for USD in the world compared to other fiat currencies.
To supply the world with that ever-growing need for USD to service all sorts of needs, the United States runs structural trade deficits with the rest of the world. That's how the USD spills out to the rest of the world for them to use. And the mechanism for that is that the overvalued USD boosts Americans' import power, reduces Americans' low-margin export competiveness, and basically forces open that trade deficit.
That trade deficit is the cost of maintaining the benefits USD system as currently structured. The fatal flaw is that those who bear the cost (e.g. industrialists in the Rust Belt) are not the same as those to gain the benefits (e.g. Wall Street and Washington DC folks). And those costs and benefits accumulate over decades, resulting in rising populism and pushback, which is now front and center.
The challenge that the administration faces is that they have identified a real problem, but are tackling the surface issues rather than the underlying structural issues.
Anyway, I uploaded that chapter 13 on my website for free reading:
https://www.lynalden.com/wp-content/uploads/broken-money-chapter-13.pdf
Thanks for the reminder about this important chapter. I'm re-reading and annotating this time so I can help myself recall themes and data points for friends that think they "get it" but not like nostr:nprofile1qqsw4v882mfjhq9u63j08kzyhqzqxqc8tgf740p4nxnk9jdv02u37ncpz4mhxue69uhkummnw3ezumtpd35kutn0dekqz9rhwden5te0wfjkccte9ejxzmt4wvhxjmc7tn8dw "gets it." Cheers!
I'm going to push back on this little-And at the same time be a hypocrite. I think it's important to be able to look at someone's view point and have some "empathy" on why they think a certain way. Figuring out their specific situation, what experiences caused them to think this way, essentially looking into their window of perspective. That is empathy to me and isn't a crutch. That's a super power in how we can have a conversation when we don't agree.
Couldn't agree more. It feels decadent. When you do look towards the back as you deplane, I'm slightly embarrassed at what I just experienced too 😂
Do you have a couple recommendations on small kitchen roasters to get started in the hobby?
Where is that on display at?
Just wanted to share an experience for those trying to work with the Primal wallet via CashApp. Was having trouble sending (via lightning) sats from CashApp - it just wouldn’t go through. Tried “requesting to receive” from the primal wallet the same amount ($1) I was trying to send from CashApp, and it finally went through. Might seem elementary to most, but wanted to pass if anyone was having issues sending to Primal via CashApp.
Just wanted to share an experience for those trying to work with the Primal wallet via CashApp. Was having trouble sending (via lightning) sats from CashApp - it just wouldn’t go through. Tried “requesting to receive” from the primal wallet the same amount ($1) I was trying to send from CashApp, and it finally went through. Might seem elementary to most, but wanted to pass if anyone was having issues sending to Primal via CashApp.
My wife is ‘scared’ of it. Says there’s too much of a chance of a bacteria contamination. Can you please educate me so I can educate her on this? (I’m not at all worried to consume it, but we all have to educate our loved ones from time to time.)
I don't know if it's "really good" but we use this to make what we call a CFD. Coffee Flavored Drink. A spoon of "coffee" with two spoons of powdered creamer and two sugar cubes. Twist it all up in little dime bags and it makes a good backpacking coffee. Boil a little water in your cup, dump the baggie in, and enjoy your morning CFD. It tastes better when you're in the woods. Credit to Shug for the recommendation. https://yewtu.be/watch?v=Z-B0YTr7PYs
reviving this thread. found this instant and boy is it goooooood! #coffee #coffeestr
do you have an recommends for a ‘really good’ instant?
Patience. Breathe and take a second. All the way from financial decisions to cooking. Take your time and be patient.
I'm a little confused about the wallet myself. "Bought" sats in the primal wallet to zap users with, but not sure where the funds to do that were withdrawn from? All that was asked from the Primal wallet was my email address for the funds? I have the sats there, but for the life of me not sure how they were bought?