What is a US dollar? it is an imaginary value that can extinguish one dollar of debt What is a dollar of debt? It is an imaginary value that can be extinguished by one dollar.

learning through games implies that students must be tricked into learning because they otherwise wouldn't want to learn. perhaps the content should be presented in a more interesting manner. learning is fun when you actually want to learn. 🤔🤔

we are witnessing control of "dollar denominated" currency move it's issuance from bank lending to tokenization of treasury lending (tether)

Panic: The Untold Story of the 2008 Financial Crisis

chinese shopping tourism coming to a asian neighborhood near you. declare the items as personal items upon return to the US as you bring back a wish list for all your friends and family. 🤪

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the used market for existing goods within a country's border is going to have a massive boom

everything in my local hardware store is made in china

A country with a trade imbalance will have its citizens run out of money unless their money appreciates at a rate greater than they can consume goods from others. When they do run of money they will work as hard as possible by making stuff and perform services to get money again. All this trade economics mumbo jumbo boils down to this simple first princle. When you run out of money you work for whatever you can to make money again.

Every iOS nostr client is inferior to amethyst on Android. Why can't we just port amethyst to iOS. It is so so good.

Everyone alive has only ever experienced democracies under a Fiat standard. Imagine if a government could both run out of money and not have any money to restart until people agreed to donate money to restart local gov first.

white lotus series is the prefect mirrored reflection of our empty society

Tariffs if high enough will starve the non-US world of dollars to service their debt

hopefully a politician will one day ask the question, "why did we send all our manufacturing orders to china in the first place?". it's not like china forced the US to buy less expensive stuff only then will they understand how to fix the problem.

phoenix wallet has returned to the US?

people don't want a job they want to get rich while finding meaning

the white house admits that triffin dilemma is real

The White House

CEA Chairman Steve Miran Hudson Institute Event Remarks

Today I’d like to discuss the United States’ provision of what economists call “global public goods,” for the entire world.  First, the Un...