So interesting to me that YT allows WW3 titled videos. Is it because at the moment: Engagement farming >> decreasing social unrest? I mean compared to other type of contents... Also funny for me, not funny but nah, that Instagram deletes sexual education profiles, but allows people "putting their things out". Double standards... Open-source free world for the win!

Good morning! ✅️ Coffee ✅️ Language learning Let's crush this day people! Manage your day, or your day will manage you!

The best way to not fail is to not play. The best way to succeed is to fail the most. Not every trial will succeed. But a few will. So if you want to succeed a lot, you have to be prepared to fail.

Never...

If we think for a moment, that Keynesian economics try to solve a real problem, I think the idea behind it is the following. Market cycles are given. We have seasons, and you have different needs e.g. for different seasons. Also there are the natural catastrophes, that influences or creates new cycles. Also we could find many more reasons to have cycles. Even human life has cycles. So let's accept this for a moment, that with or without Keynesian economics, we have cycles and these creates economic cycles. Cycles of boom and bust. The argument behind keynesian economics could be to ease these cycles. To decrease the severity of the storm with the price of decreasing the upside part. So to have less severe downturn in return for having less upturns. I think this would be an argument for Keynesian economics from the FED or from whomever. But the reality is the opposite. Somehow the possibility of printing money is not easing the downturns, but increasing artificially the upside, that leads to more severe downside. So seemingly it acts totally the opposite way then it intends to be used. In extra, it also increases the wealth gap. So all in all, does it make sense to USE a tool, that could be used for good things, that is eventually happen to be used wrongly and cause bigger issues then there were? $Boost

$Boost Price and price discovery can be a great driver. In a free market, price is a signal, is a way of communication. If the price of something goes up, it can mean 2 things. Either the demand increased, or the supply decreased. How would a market react to an increasing price? The user of the product will be incentivized by the higher price to decrease back its spending, because it decreases his profit. What he can do: * use less of it -> will decrease demand * try to replace -> will decrease demand So we can say, that from user side, the reaction will be decreasing the demand, because it is too expensive. And as the demand decreases, the price of the product will go down. The manufacturer of the product sees that it has a higher price, so he will want to sell more of it (micro-macro economy 101). What he can do: * make more of it -> increase supply * make replacement products -> decrease demand/increase supply on something else. So from the manufacturer side, the reaction will be increasing demand a.k.a selling moarrr. And as the supply grow, the price will decrease. Of course these things does not happen in seconds, but both buyers and sellers are incentivized to act quickly otherwise their profit decreases and they will have to tighten their belts. We can say that this is an efficient process, because everyone acting in their own interest influences the other participants positively. In this logic, price acts as a signal to both sellers and buyers that they need some action. Also in such a system, the buyers are voting on the products with their money. If there is a great demand on a product, it means people want more of it, so the sellers and any participant can know in the market, that it could make sense to manufacture that product. And as more companies start to manufacture it, the price will go down, because supply increases, but demand not. In this regard money as a signal, can be thought as a vote. But let's imagine a hypothetical scenario, where I can create money. If I can create money, I can decide into which product I put money to, so I can skew the markets voting. Because if I buy from that money certain products, I can increase the demand for it, which will increase its price. This way, it may seem to the market participants that this product is in demand and they start to manufacture it, but when the supply increases, the demand is already gone (the money I gave disappeared), so that company wasted a lot of money on manufacturing something that will never return it back.

Lead by example!

Ask for forgiveness instead of permission.

My new saying for today: "Knowledge eats best advice for breakfast." Don't ask for advice, ask for sources of information, ask for perspective!

Amp up your knowledge, and DYOR! If you CAN trust others, STILL they may not be in the SAME situation as you, so their "best" advice might not be the best for you. So knowledge, knowledge, knowledge!

#smallsteps go a long way! My small steps so far: ✅️ #Coffee ✅️ Language learning ✅️ Making bed Next up: learning something new Use #momentum for your advantage! Things are hard to start! So what you can do is, start small, and build up momentum. When you are in the pakk-pakk mood, everything becomes easier to start. A good way to do this, is having small things you do everyday in the morning, that is easy to do. If you start to do some small things everyday, they can become a snowball, and give you $boost to bigger and bigger tasks for your day. Smaller the goals, the easier to achieve, the easier to get a good feeling to continue. If you have big plans, you might not start it, because it might be frightining, or you just give up in the middle, because you get no satisfaction. But if you do small things, the satisfaction you get by ticking them out from your to-do list, can give you momentum, and drive to tick the bigger goals. Let's go people! Let's be eachothers accountability buddies, and help eachother to reach our goals. Maybe we could start this as a movement. You can use the #accountibilitybuddy if you want some help, and then we can help you stay motivated and keep you on track! #plebchain #pleb #psychology #tips