“When plunder becomes a way of life for a group of men in a society, over the course of time they create for themselves a legal system that authorizes it and a moral code that glorifies it.”
― Frédéric Bastiat
The people who think we should manipulate the money to "incentivize consumption" have such a bonkers and contradictory duality of ideas as to how people behave that I can't wrap my head around it.
News Flash! You will NEVER need to encourage people to consume stuff, this is the whole purpose of everything and a fundamental axiom of being alive. Nobody wants to live like a pauper for no reason.
The ONLY thing you incentivize by doing this, is WASTE
Apparently Japan –– the country with the highest debt to GDP ratio on earth, the literal apex predator of fiat mindset pushing as much inflation and debt as they can possibly muster to "boost the economy" –– is somehow an example of how sound money destroys the economy.
“Believe in science.”
Since 1984, the same year Fauci became heavily involved in funding, “the average age of an NIH funded principal investigator has gone up by one year per year. That looks like one group took over the money in 1984, and then they've just been giving themselves grants ever since."
21% discount at getchroma.co right now fyi.
A friend i work with just hit me up about it. Much better than what my code gets you if you were thinking about grabbing something.
“Gold led to the US dollar… because gold was captured when everyone left it with custodians. We have to fight that as Bitcoiners, or Bitcoin becomes a meme coin like gold. I worry we’re heading toward everyone putting their Bitcoin into exchanges… or ETFs.”
~ Chris Guida
🔗 Fountain: