You Americans have big cars and big houses but it is not because you are harder working than the rest of the world or smarter.

It is because you have the world's reserve currency and you export inflation to the rest of the world, you finance yourselves at the expense of the rest of the countries, imposing your currency through the coercive force of your gigantic army.

Ask yourself why the US has military bases all over the world.

Bitcoin if it would solve this, we are going to compete as equals.

Question I want to explore together with Nostrians:

What happens with my life if I implement

- Deutsch' explanatory creativity concept

- Mises' praxeology concept

as guidelines for how I live?

The laws of economics dictate that

- what you tax, you get less of

- what you subsidize, you get more of

Experience and logics tell us that people get fewer children in urban areas than in the countryside.

Furthermore, families are the only institutions that produce children.

Do you agree with me so far?

Grok estimates that the EU's average fertility rate in 1960 was approximately 2.59 births per woman.

The EU’s average fertility rate is now 1.46

This is a reduction of 77 per cent.

Grok estimates that the public sector's spending as a share of GDP for the five major EU economies between 1960 and 2022 likely has grown by at least 50% to 100%.

By other words, in this period we have seen a shift of economic wealth from the private sector to the public sector comparable to the average reduction in the birth rates.

My best guess is that it's here we find the main explanation.

Shifting of wealth from the private to the public sector is shifting of wealth from those who produce kids to institutions which produce bureaucracies.

What you tax (people), you get less of.

What you subsidize (public sector), you get more of.

And bureaucracies typically grow the most in urban areas, where people traditionally prefer to have fewer children than in the countryside.

In conclusion, less production of kids is a result of the growth of the public sector, which mainly consists of institutions in urban areas that produce bureaucracies instead of kids.

A socialist society is parasitic of nature, and the parasite in the end always runs out of hosts.

My take on some of the narratives that were being propagated during the #Covid19 #plandemic :

1) The fake mainstream narrative:

SarS-CoV-2 is a dangerous zoonotic virus that has no existing remedy so we all need to take an experimental #mRNA vaccine to save humanity.

2) The fake conspiratorial narrative:

Viruses don’t exist, people are getting sick because 5G towers.

3) The true authorized conspiratorial narrative:

SarS-CoV-2 is a virus conceived by gain-of-function research and intentionally released to push a tyrannical agenda and inject populations with experimental mRNA vaccines containing harmful spike proteins.

4) The true unauthorized conspiratorial narrative:

Self-assembling nanostructures tech from DARPA were contained in the #CovidVaccine either to harm humans and/or to test the effects of transhumanist technologies on a large scale.

1) is used to obstruct the truth to the majority of the population and get their compliance.

2) is used to discredit critical thinkers by labeling them as crazy conspiracy theorists.

3) is a limited hangout to contain and control conspiratorial narratives to what is authorized to be disclosed and to shell the elements of the conspiracy that must remain unknown from the general public.

4) is the part of the conspiracy that must not be disclosed to the public.

#Conspiracy #Propaganda

The pandemic made people retarded. If you're coughing on an airplane you should be wearing a mask, but people aren't willing to do it because they feel lied to and afraid it makes them look cucked.​ Sometimes critical thinking requires you to side with something you disagree with in alternative scenarios.

I think people on the left want to feel like they are fighting for something, but they will only fight for issues once they are basically solved because they are mostly cowards. Race & homosexuality aren't actually serious issues anymore which means the most cowardly can feel safe acting like they are fighting some grand evil that they have simply imagined. And in so doing their irrationality & their effort to find or create some pushback to confirm the belief that there is actually a struggle, causes them to behave in ways that are horrible & ultimately foster a deeply unhealthy culture, which then becomes associated with all the things they claim to defend, granting legitimate reasons to oppose anyone associated with any of it. I think the "progressive" left is more destructive to gay people than any group of bigots could ever hope to be.

How do you store butter? Freeze dried or something?

#survivalfood #elections in addition to rice and beans, are you stocking up some backup in time for the elections? If so, what are your recommended items? I’m starting to add some canned meat, should be able to use by expiration and not complete crap.

If you tax unrealised gains, you’re going to kill the stock market. - Mark Cuban

CNBC

Got me some blue light blockers. Wife says I'm a dork

This looks good. Do you use multiple #xmpp clients with it, a favorite or the app they recommend for Android?

I currently use Phone.com's service in a similar way, mostly doing text and calls from my computer.

Not a #Pinephone. Never a Pinephone.

Librem maybe? What other mostly-open hardware phones are out there?

#AskNostr

"17 Satoshis"

If there is one indicator of how a currency is crap, you don't even have to look at the US Dollar but look at the US Penny.

How many of you would stop to pick up a penny? A loaded question, the majority of us would. But we subliminally view 1/100th of a dollar as almost worthless.

When we get pennies, we chuck them into change jars where most of the 288 Billion pennies live and seldom go back to take pennies with us out into consumer land.

Now compare those of us who are into Bitcoin, we get excited for ONE SAT which is 1/17th a penny's worth of Bitcoin at today's prices.

Why? Because we know today's penny is worth less tomorrow and the day after as inflation steals our buying power. But we believe, based on millions of hours of collective Bitcoin analysis, that Bitcoin NGU and therefore a penny's worth of sats today could be worth a lot more tomorrow.

But what about the Penny today, those 17 Sats at today's price, when Bitcoin hits $1,000,000 a coin, then one US Penny is worth 1 Sat so picking up one US penny today on the street could be like picking up 17 pennies tomorrow.

Convert your pennies to sats today?

Or at least, seed Phrases on Pennies is cheaper than buying washers.

Sign me,

The Thrifty Bitcoiner