1tz = 1tz
Even if hyperbitcoinization happens (which I doubt) the difficulty of finding and extracting gold will constrain its price
real vegans lick the dirt on the outside of the shell to get vitamin B12
This explains so much! Excellent interview.
The tyrannical state only exists as a parasitic growth atop a living community, but it undermines its own sustenance by smothering its subjects who support it, and the antidote to the tyranny is to invest in that very community to the exclusion of the parasite.
The problems are global, and the solution is local. Zoom in, not out.
https://music.youtube.com/watch?v=O91kCJONbdk
Because of the decentralized, peer-to-peer aspect of bitcoin and nostr, they are nearly ideal tools for this job.
#pintsWithAquinas #Christian #Catholic #subsidiarity #localism #distributism
The State does not exist but is merely a pattern of human behavior (a meme), but I agree treating that meme as a parasite is probably the closest biological parallel. One consequence of this metaphorical view is that over long periods of time States which are less-parasitic and more helpful (closer to fulfilling the security function of the Night-watchman State, or of a legitimate private provider of security) will tend to outcompete those organizations which are more brutally parasitic. In my opinion, this was the source of the British Empire's strength (while ruling, thus transplanting relatively more efficient organizational structures to colonized peoples as in Singapore and Hong Kong) as well as the American Empire's strength (prior to ruling, thus failing to transplant efficient organizational structures, perhaps with the exceptions of Japan and Germany).
Nobel laureate economist savages his own profession
Comments ( https://news.ycombinator.com/item?id=39675036 )
https://www.imf.org/en/Publications/fandd/issues/2024/03/Symposium-Rethinking-Economics-Angus-Deaton
"savages his own profession" as in "calls for socialism"
for a real savaging: https://yewtu.be/watch?v=UUwz8mO_xMA
Property taxes have to be apportioned (if we're pretending we still follow the Constitution)
Yes, and one that the highest rabbinical authorities regard as deeply virtuous (except for the possibility of angering the goy, which they have all sorts of exceptions for)
“a thousand non-Jewish lives are not worth a Jew’s fingernail”
https://www.aljazeera.com/news/2004/5/20/rabbi-supports-killings-in-rafah
Read what this Israeli Jew says, and then tell me whether Jewishness has been hijacked: https://ifamericansknew.org/cur_sit/shahak.html
My own summary: Jews regard the Talmud (Jewish law as interpreted by legal scholars) as supreme, not the Bible as read in plain English (or plain Hebrew, Aramaic, etc). Biblical commandments not to steal, murder, etc are interpreted to apply only to other Jews. Non-Jews are considered to be animals lacking in humanity who exist only to serve God's Chosen People as slaves.
Maybe he flipped the digits?
World Gold Council estimates some 212,000 tonnes of above-ground gold exists, which at current prices is something like $14.9T
That's what I'm asking
like WEF but Rockefeller instead of Europeans
Is your salary ultimately paid by satisfied customers on a voluntary basis? The bigger your salary the bigger the positive impact you must be providing (otherwise they would not pay you).
Is your salary ultimately paid by victims of coercion (eg taxation or extortion)? The bigger your salary the bigger the negative impact you must be causing (otherwise they would pay you voluntarily).
Is your salary paid by charity? Then you have (to a close approximation) zero direct impact.