Mountain Dew is so back! #Picturestr #Photostr

It all adds up. #Agorism #Agorist #Libertarian #Antistate #Antigovernment #Antipolitics #Antiwar #Neutrality #Isolation #Iraq #Syria #Venezurla

🤣🤣🤣 #Memes #Memestr #DankMemes #NostrMeme #NostrMemes #Nostr #Plebchain #Zap #Laughstr #Jokestr #LOL #Comedy #Funny

The real reason the U.S went to Venezuela was for Israel. View quoted note →

🤣🤣🤣 #Memes #Memestr #DankMemes #NostrMeme #NostrMemes #Nostr #Plebchain #Zap #Laughstr #Jokestr #LOL #Comedy #Funny

Banks take commodity money, or fiat, from your deposits and use them to finance other people's loans, while treating your deposit itself like it's a loan, and replace it with "fiduciary media" AKA money substitutes, creating the illusion of a boom, leading to an endogenous credit expansion and then tightening once enough people fall for their bullshit. That's how fractional reserve banking works, and it needs to stop. Don't be played by the Fed and the big banks run by Wall Street. Use Monero to ensure your funds are never tampered with. #Agorism #Agorist #AnCap #AnarchoCapitalism #Libertarian #Antistate #Antigovernment #EndTheFed #FractionalReserveBanking #FiduciaryMedia #MoneySubstitutes #AustrianEconomics #AustrianSchool #Menger #Mises #Hayek #Rothbard #SoundMoney #Monero #XMR

@birdOFFLINE Would have counter-economics been a more effective way at taking down Maduro than U.S military involvement?

The Fed's elastic currency monopoly socializes losses but privatizes gains. Source: misesmedia, YT #AnCap #Libertarian #Antistate #TooBigToFail #FractionalReserveBanking #FederalReserve #EndTheFed #AustrianEconomics #AustrianSchool #FullReserveBanking #FreeBanking #MurrayRothbard #Rothbard #SoundMoney #Gold #Silver #Bitcoin #Monero #FYP #Video #Videostr

It's wild knowing there's people above the age of 16 who actually believe this. #Agorism #Agorist #AnCap #Libertarian #Antistate #Inflation #Hyperinflation #Fiat #EndTheFed #AustrianEconomics #AustrianSchool #SoundMoney #Commodity #Bitcoin #Monero #KeynesianEconomics #MMT

The U.S-Venezuela is one big false dichotomy fallacy. Maduro is a horrible dictator who caused harm towards Venezuelan citizens. The U.S is an imperialist war machine responsible for toppling governments worldwide. Both of these statements are true. Don't think about Trump or Maduro. Think about the people who will get caught in the crosshair. #Agorism #Agorist #Libertarian #Antistate #Antiwar #MilitaryIndustrialComplex #BigOil #Venezuela #Libya #Syria #Maduro #Gaddafi #BasharAlAssad #Trump

Cuba is next. Source: euronews, YT #Video #Videostr

"Inasmuch as the Constitution was never signed, nor agreed to, by anybody, as a contract, and therefore never bound anybody, and is now binding upon nobody; and is, moreover, such an one as no people can ever hereafter be expected to consent to, except as they may be forced to do so at the point of the bayonet, it is perhaps of no importance what its true legal meaning, as a contract, is. Nevertheless, the writer thinks it proper to say that, in his opinion, the Constitution is no such instrument as it has generally been assumed to be; but that by false interpretations, and naked usurpations, the government has been made in practice a very widely, and almost wholly, different thing from what the Constitution itself purports to authorize. He has heretofore written much, and could write much more, to prove that such is the truth. But whether the Constitution really be one thing, or another, this much is certain—that it has either authorized such a government as we have had, or has been powerless to prevent it. In either case, it is unfit to exist." - Lysander Spooner, ***No Treason: The Constitution of No Authority No. VI*** (1870) #Agorism #Agorist #AnCap #Anarchism #Anarchist #Libertarian #Antistate #Individualism #Objectivism #LysanderSpooner #Spooner #BreakTheState #NoState #CounterEconomics #Quotestr

It's wild how this clip of Thomas Massie grilling Trump over Venezuela aged like a fine wine. #Video #Videostr

#Memes #Memestr #DankMemes #NostrMeme #NostrMemes #Nostr #Plebchain #Zap #Laughstr #Jokestr #LOL #Comedy #Funny

Stop following the left-right paradigm false dichotomy. Horseshoe theory is very real. View quoted note →

"Market interventions will inevitably cause more of the problems they are supposed to cure, which leads to more and more controls and regulations until we finally reach full-blown socialism. If the current trend continues, it can safely be predicted that the democratic welfare state of the West will eventually collapse as did the 'people’s republics' of the East in the late 1980s. For decades, real incomes in the West have stagnated or even fallen. Government debt and the cost of the 'social insurance' schemes have brought on the prospect of an economic meltdown. At the same time, social conflict has risen to dangerous heights." - Hans-Hermann Hoppe, ***Natural Elites, Intellectuals and the State*** (1992) #Agorism #Agorist #AnCap #Libertarian #Antistate #Hoppean #FreeMarket #NonIntervention #LaissezFaire #MarketEconomy #Deregulation #WelfareState #Statism #PrivateLawSociety #CovenantCommunity #Quotestr

"Abolishing forced integration requires the de-democratization of society and ultimately the abolition of democracy. More specifically, the power to admit or exclude should be stripped from the hands of the central government and reassigned to the states, provinces, cities, towns, villages, residential districts, and ultimately to private property owners and their voluntary associations. The means to achieve this goal are decentralization and secession (both inherently undemocratic, and antimajoritarian)." - Hans-Hermann Hoppe, ***Democracy: The God That Failed*** (2001) p. 148. https://mises.org/library/book/democracy-god-failed #Agorism #Agorist #AnCap #AnarchoCapitalist #Libertarian #LibertarianRight #Libertarianism #Antistate #Hoppe #Hoppean #FreedomOfAssociation #ForcedIntegration #Decentralization #Voluntaryism #SpontaneousOrder #PrivateProperty #FreeMarket #Quotestr

"Just as the money supply was expanded according to the bank multiplier, artificial economic expansion fostered by the *ex nihilo* creation of loans eventually triggers an endogenous recession, which in the form of a widespread repayment of loans and an increase in arrears, reduces the money supply substantially. Therefore *the fractional-reserve banking system generates an extremely elastic money supply, which 'stretches' with ease but then must contract just as effortlessly, producing the corresponding effects on economic activity, which is repeatedly buffeted by successive stages of boom and recession.* 'Manic-depressive' economic activity, with all of its heavy, painful social costs, is undoubtedly the most severe, damaging effect the current banking system (based on a fractional reserve, in violation of universal legal principles) has on society. In short, bank customers’ economic difficulties, one of the inevitable consequences of all credit expansion, render many loans irrecoverable, accelerating even more the credit tightening process (the inverse of the expansion process)." - Jesús Huerta de Soto, ***Money, Bank Credit, and Economic Cycles*** (2020) p. 261. 4th ed. Translated by Melinda Stroup. https://mises.org/library/book/money-bank-credit-and-economic-cycles #Agorism #Agorist #AnCap #Libertarian #Libertarianism #Antistate #EndTheFed #FractionalReserveBanking #AustrianEconomics #Money #MoneySupply #Credit #BusinessCycles #BoomBustCycle #Recession #CommodityMoney #Fiat #FiduciaryMedia #SoundMoney #Bitcoin #Monero #Quotestr

FrAcTiOnAl ReSeRvE bAnKiNg DoEsN't ExIsT!

Reserve Requirements

The Federal Reserve Board of Governors in Washington DC.

"[Fractional reserve banking] Theorists who attempt to equate the irregular deposit contract with the loan contract fail to realize that their doctrinal stance ignores the true *cause* or purpose motivating the contracting parties to enter into a contract...*In other words, depositors hand over money as if making a deposit, and bankers receive it as if it were a loan*....Yet, what kind of contract has two essentially distinct legal causes? Or to put it another way: How is it possible that both parties to the same contract simultaneously intend to retain the availability of the same sum?" - Jesús Huerta de Soto, ***Money, Bank Credit, and Economic Cycles*** (2020) p. 136. 4th ed. Translated by Melinda Stroup. https://mises.org/library/book/money-bank-credit-and-economic-cycles #Agorism #Agorist #AnCap #Libertarian #Antistate #EndTheFed #FractionalReserveBanking #Theft #Fraud #IrregularDeposits #FullReserveBanking #FreeBanking #AustrianEconomics #SoundMoney #Fungibility #Bitcoin #Monero #Quotestr