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f0xr
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"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning." -Henry Ford
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f0xr 1 year ago
Never forget, atheism requires far more faith than humbly believing God's Word image
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f0xr 1 year ago
"Federal" Reserve Act "Patriot" Act "Inflation Reduction" Act Notice a pattern?...
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f0xr 1 year ago
The pain of watching sats go on sale when you're already all in 🤢
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f0xr 1 year ago
Another fiat economics term that needs to die is "money flowing into _______." Money does no such thing, it doesn't "flow into" stocks, or bonds, or real estate, or Bitcoin, or anything else. I know it's a shorthanded way of expressing an idea, but it's misleading and generally misunderstood and needs to be abandoned. When money "flows into" anything, what happens in reality is the money is exchanged between people, and the wealth is exchanged in the other direction. Money isn't destroyed when you buy something with it, or immobilized inside the purchased object like "flows into" suggests. The only thing that changes is who has the money in their account or their pocket. The effect is that as more people buy a certain category of product, the increased demand causes the price the holders are willing to accept in payment for that product to rise. Eventually the price will rise high enough that the same amount of money becomes a smaller percentage of the cost of that product, and people are satisfied to hold the money instead of buying more product at the new higher price. That's the mechanism of rising prices during inflation. "Money flows into ______" is a horrible way to refer to that process, and just perpetuates the misconception that money=wealth.
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f0xr 1 year ago
Some call it weeds, I call it free cover crop #photos #flowers #farm #spring image
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f0xr 1 year ago
Modern "environmentalism" is a Malthusian death cult promoted by psychopathic Marxists as cover for their pursuit of power. #memes image
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f0xr 1 year ago
I love these "Bitcoin is going to the moon and here's why that's bad" comments. This mental midget can see the Saylor Strategy in action, but still finds a way to criticize. It's like "yes I expect Bitcoin to go to a billion dollars but I won't be participating because my extreme level of moral virtue won't let me." So trillions of fiat are going to purchase something that has no use and is bad for society? Strange... Then there's that last paragraph 🤣. "Rewarding non productive work at a ridiculous level will not have a good outcome." This 🤡 knows he's describing the entire fiat system, right? I mean we all see the outcome all around us daily. People who use weaponized virtue signaling like this to discourage others from escaping the fiat collapse deserve to miss out. image
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f0xr 1 year ago
💯 #memes #homestead image