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Undisciplined
undisciplined@stacker.news
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Convex combination of Ron Swanson and Britta Perry Cohost of The Stacker Sports Podcast
Whistleblower: Kids Are Being Trafficked At The Border, The Govt Is Complicit From The Kim Iversen Show ## Video Description > More than 500,000 migrant children are somewhere in America – carelessly funneled into the country through HHS’s uncontrolled program. The whereabouts of over 100,000 of these precious lives are unknown. You can help end this shame and protect the children. Deborah White is a committed public servant with over a decade of federal government experience and a whistleblower. originally posted at
Bring Back the Political "Smoke-Filled Rooms" https://mises.org/power-market/bring-back-political-smoke-filled-rooms By William L. Anderson > Less than a century ago, the Democrats would have been able to legally remove a candidate in crisis and replace him with someone who would give the party a fighting chance in the presidential election. originally posted at
The Reality of Human Action https://mises.org/mises-wire/reality-human-action By Wanjiru Njoya > Human action is not a figment of our imaginations, nor is it a social construct. Praxeology describes real and purposeful actions by people who act on what they know or what they believe to be true. Rothbard: > In physics, therefore, postulated explanations have to be hypothesized in such a way that they or their consequents can be empirically tested. Even then, the laws are only tentatively rather than absolutely valid. . . . On the other hand, economics, or praxeology, has full and complete knowledge of its original and basic axioms. These are the axioms implicit in the very existence of human action, and they are absolutely valid so long as human beings exist. > Man is born with no innate knowledge of what ends to choose or how to use which means to attain them. Having no inborn knowledge of how to survive and prosper, he must learn what ends and means to adopt, and he is liable to make errors along the way. But only his reasoning mind can show him his goals and how to attain them. > Of course, a person may say that he denies the existence of self-evident principles or other established truths of the real world, but this mere saying has no epistemological validity. As Toohey pointed out, “A man may say anything he pleases, but he cannot think or do anything he pleases. He may say he saw a round square, but he cannot think he saw a round square. He may say, if he likes, that he saw a horse riding astride its own back, but we shall know what to think of him if he says it.” originally posted at
Biden and Trump Prove That They Still Don’t Understand the Economy https://mises.org/power-market/biden-and-trump-prove-they-still-dont-understand-economy By Aaron Sobczak > Neither candidate correctly addresses the serious economic problems facing Americans. originally posted at
Bitcoin and Wealth Redistribution From Bitcoin University ## Video Description > In this video, I discuss how Bitcoin is antithetical to the violent redistribution of wealth, and dehumanizing fiat consumerist culture. > Bitcoin ties the hands of governments who want to pick the pockets of their populations through money printing and currency debasement. > Unlike fiat culture which encourages high time preference behavior and mindless consumerism, Bitcoin HODL culture encourages low time preference behavior, capital formation, and prioritizing people over possessions. > Hodling/saving is necessary for capital formation, which is essential for human ventures and flourishing. Bitcoin levels the economic playing field for 8 billion people, giving power even to people who live outside countries with relatively strong fiat currencies. > An economy on a Bitcoin standard will usher in a new cultural renaissance, similar to what the Florentine florin did for the Italian Renaissance. originally posted at
The Bad Policy Both Trump and Biden Like: Tariffs | Stossel # Video Description > It’s safe to say Trump and Biden don’t get along. > Unfortunately, there’s one thing they can both agree on: tariffs. > Both push 100% tariffs on some goods in the name of “protecting American workers.” > But that will hurt more than it helps. > As our new video explains, interfering with trade is a bad thing for everyone. originally posted at
The State of US Real Estate Is Not Good https://mises.org/mises-wire/state-us-real-estate-not-good By Jonathan Yen > The position of new home buyers in 2024 is unprecedented. Not only are prices at record highs, but the new generation of prospective home buyers can’t remember a time without cheap mortgages. ![](https://m.stacker.news/38785) originally posted at
War and Inflation https://mises.org/mises-daily/war-and-inflation By Llewellyn H. Rockwell, Jr. > A state without money or a state that must tax its citizens to raise money for its wars is necessarily limited in its imperial ambitions. Keep in mind that this is only a problem for the state. Thomas Paine: > Paper money is like dram-drinking, it relieves for a moment by deceitful sensation, but gradually diminishes the natural heat, and leaves the body worse than it found it. Were not this the case, and could money be made of paper at pleasure, every sovereign in Europe would be as rich as he pleased…. Paper money appears at first sight to be a great saving, or rather that it costs nothing; but it is the dearest money there is. The ease with which it is emitted by an assembly at first serves as a trap to catch people in at last. It operates as an anticipation of the next year’s taxes. Mises: > One can say without exaggeration that inflation is an indispensable means of militarism. Without it, the repercussions of war on welfare become obvious much more quickly and penetratingly; war weariness would set in much earlier. originally posted at
It’s All MMT: The Fraud of "Monetary Policy" https://mises.org/mises-wire/its-all-mmt-fraud-monetary-policy By Joshua Mawhorter > Economics textbooks describe monetary policy as though it were administered by experts who know how to fix problems in the economy. In truth, there is no such thing as “monetary policy”; what we have is the Federal Reserve engaging in wealth transfers. originally posted at
Everything You Need to Know about the Alec Baldwin Trial | Lawyer Explains ## Video Description > In this video, we discuss everything you need to know about the criminal charges against Alec Baldwin for the death of Halyna Hutchins, as well as his trial for involuntary manslaughter, which is set to begin on July 9, 2024 with jury selection. > CONTEXT: Alec Baldwin was charged with involuntary manslaughter. The indictment is for the October 21, 2021 death of cinematographer Halyna Hutchins, after a revolver Baldwin was holding on set to prepare for a scene went off, ending Hutchins' life and injuring director Joel Souza. Charges were previously filed against Baldwin, and later dropped before being brought again. Also, in February 2024, Rust armorer Hannah Gutierrez-Reed was put on trial for involuntary manslaughter for failing to maintain safety of the firearm that killed Hutchins. She was convicted on March 7, 2024 and ultimately sentenced to the maximum penalty of 18 months in prison. originally posted at
EVERYTHING You Need to Know about the Alec Baldwin Trial | LAWYER EXPLAINS ## Video Description > In this video, we discuss everything you need to know about the criminal charges against Alec Baldwin for the death of Halyna Hutchins, as well as his trial for involuntary manslaughter, which is set to begin on July 9, 2024 with jury selection. > CONTEXT: Alec Baldwin was charged with involuntary manslaughter. The indictment is for the October 21, 2021 death of cinematographer Halyna Hutchins, after a revolver Baldwin was holding on set to prepare for a scene went off, ending Hutchins' life and injuring director Joel Souza. Charges were previously filed against Baldwin, and later dropped before being brought again. Also, in February 2024, Rust armorer Hannah Gutierrez-Reed was put on trial for involuntary manslaughter for failing to maintain safety of the firearm that killed Hutchins. She was convicted on March 7, 2024 and ultimately sentenced to the maximum penalty of 18 months in prison. originally posted at
Bitcoin: Too Volatile To Be Money? From Bitcoin University ## Video Description > In this video, I discuss whether Bitcoin is too volatile to ever become money. I conclude that it is not. > One source of Bitcoin's fiat price volatility is its relatively small market cap, compared to large global assets like gold, stocks, bonds, and real estate. These large assets are like the ocean, while Bitcoin is like the swimming pool whose levels rise and fall markedly when even a small amount of the ocean water enters or leaves the swimming pool. > Bitcoin's volatility has been decreasing over time (taking a similar path to large tech stocks, whose volatility has also gone down over time as their product adoption and market cap have gone up), but its volatility could skyrocket when we reach the final death throes of fiat money. > In Weimar, the end goal of physical gold priced in Papiermark was inevitable, but the actual path was extremely unpredictable and volatile, which precluded the use of leverage or timing the market. > Warning: keep only as much in fiat as you are willing to lose. originally posted at
How To Predict Bitcoin’s Future Value Like An Expert. ## Video Description > Is it too late to invest in Bitcoin? Or do you just not know where it’s going in the future? > In this video I break down how to measure it’s future value like an expert. > Time Stamps: > 03:50 - Bitcoin’s Past >08:48 - Metcalf’s Law > 13:33 - Venture Cap > 19:26 - Inflation >24:53 - What Should You Do? originally posted at
What If Public Schools Were Abolished? https://mises.org/mises-daily/what-if-public-schools-were-abolished By Llewellyn H. Rockwell Jr. > If we could abolish public schools and compulsory schooling laws, we would have better schools at half the price—and be freer too. originally posted at
Bureaucracy: The Death Knell of Higher Education https://mises.org/mises-wire/bureaucracy-death-knell-higher-education By David Brady, Jr. > Many small colleges are shutting their doors, and it is largely the fault of overexpansion, government protectionism, and bureaucratic infiltration. originally posted at
The State Does Not Create Value-Enhancing Jobs https://mises.org/mises-wire/state-does-not-create-value-enhancing-jobs By Soham Patil > For all of the claims that governments “create jobs,” in reality, government jobs come at a greater cost than any value those jobs may create. Government jobs are a burden to the economy. originally posted at
Bitcoin Hodling vs. Spending From Bitcoin University ## Video Description > In this video, I discuss Bitcoin hodling vs. Bitcoin spending. > Most people should probably have at least 2 Bitcoin buckets: 1) Deep cold storage Bitcoin, where you hold your keys on a hardware wallet like a Coldcard or Blockstream Jade, either using single sig or multisig 2) Spending wallet (hot wallet like Strike or Aqua or Mutiny on your phone) > Try to spend BTC from your spending wallet as often as possible to help to increase Bitcoin adoption. Whenever you need to pay someone (handyman, babysitter, friend, etc), offer to pay them 110% of the amount if they will accept it in Bitcoin, then show them how to download the Aqua Wallet or Mutiny Wallet or Strike Wallet. > This hot wallet should be treated as a "spend and replace" wallet: > Buy $100 worth of BTC for this wallet, spend it, then buy another $100 worth of BTC for this wallet. > Final note for less experienced Bitcoin users who are not familiar with the intricacies of chain analysis, coinjoin, and non-KYC Bitcoin: > You should probably never send BTC directly from cold storage to your spending hot wallet. > You should also probably never send BTC directly from your spending hot wallet to cold storage. > Much better to keep your cold storage sats completely separate for now-- > And then just use fiat to buy BTC whenever you need to top up your hot wallet. > The Strike app is especially great for fiat, on-chain BTC, and Lightning BTC. It's custodial and thus not private or self-sovereign, but it's a good tool to use when you are just getting started learning how to spend and replace your BTC. originally posted at
Human Ignorance Is an Unstable Basis for Liberty and Praxeology https://mises.org/mises-wire/human-ignorance-unstable-basis-liberty-and-praxeology?utm_source=MI+Subscriptions&utm_campaign=ab6e681ab8-EMAIL_CAMPAIGN_2024_02_29_06_22_COPY_01&utm_medium=email&utm_term=0_-0aec14e5f3-%5BLIST_EMAIL_ID%5D By Djordje Bokun > While F.A. Hayek saw human ignorance as the basis for what he called spontaneous order, Ludwig von Mises saw human reason as the basis for praxeology. This article is about the philosophical underpinnings of Austrian Economics.