“There is no justification for the belief that, so long as power is conferred by democratic procedure, it cannot be arbitrary…it is not the source but the limitation of power which prevents it from being arbitrary.” F. A. Hayek The Road to Serfdom.

And the next campaign promise. Everyone gets a check for a million dollars and all our problems are solved.

Reminder that Justice is all our jobs.

81 万次播放 · 9,210 个心情 | This theory is still very practical. | Wars and Rumours of Wars

This theory is still very practical.

New list of Bufffet’s top holdings is out. #4 is Coca Cola. #10 is Davita Health Care. That’s a vertically integrated strategy. Coke➡️diabetes➡️Davita. Sick. I think I know the real 🐀.

Excellent Clarion Call for Nostr as the decentralized platform for true free speech. 🙏 View quoted note →

Change that title to: Trading on Power: My Journey to Making Millions by Insider Trading While Simultaneously Bankrupting the Country

Loving summer fruit in Portugal.

Americans have $1.14T in credit card debt. US Govt has $35T in debt. No worries, I hereby forgive it all. Average consumer now carries $6,329 in credit card debt. 'People are stretched'

CNBC

Average consumer now carries $6,329 in credit card debt. 'People are stretched,' expert says

Americans are racking up credit card debt and increasingly falling behind on their payments, recent reports show.

That’s a lot of Rat Poison!

We can always use a reminder of the beauty of the planet we are all part of.

On the one hand, nation-states contemplating using BTC as a reserve asset is an obvious sign of growing acceptance and adoption and so is positive. On the other hand, if the potential for the power behind a large store of BTC leads to a repetition of exploitative, extractive, and war-mongering policies, it will not “fix the money, fix the world.” We need to base the creation of a new system on universal principles to create a freer, fairer, and more peaceful world. This is the principal thesis of my upcoming book.

Always informative and enlightening. View quoted note →

“Bitcoin offers the potential to free ourselves from the parasitic financial leeches draining the lifeblood from the economic body of humanity.” Quote from my upcoming book.

Despite Dr. Seuss, Goolsebee and gang will fix it all.

The Fed’s job is to maximize shareholder value. Oh yeah, only banks are shareholders. The rest of us, we’re the pawns.

Peach the size of a softball!

Beautiful Madeira!

Any ideas what they could add to the portfolio to help?

The mountains of Madeira.

Turning off the spigot of unrestricted financing of the military industrial complex by US’s debt privilege under the Petrodollar system can fuel a more peaceful world. View quoted note →