Why did the oven have to do Tung like that? #Memestr #DankMemes #NostrMeme #NostrMemes #Nostr #Video #Videostr

Knowledge is subjective, practical, contextual, dispersed, tacit, implicit, and transmitted through stigmergic coordination mechanisms across individuals. Therefore a centralized entity fails to have the omniscience that would be necessary for it to run the economy, resulting in financial collapse.

But I thought it was vote blue no matter who! View quoted note →

Collectives don't act. Only individuals do.

Now this is how you stop speeding! Source: @zackdfilms1, X #Interesting #Memestr #DankMemes #NostrMeme #NostrMemes #Video #Videostr

It's not about **what** consumers want, but rather **how much** consumers want.

End The Fed #Agorism #Libertarian #Antistate

🤣🤣🤣 #Memestr #DankMemes #NostrMeme #NostrMemes #Nostr #Plebchain #Zap

"The individuals who receive the new money first are the greatest gainers from the increased money; those who receive it last are the greatest losers, since all their buying prices have increased before their selling prices." - Murray Rothbard, ***Man, Economy, and State with Power and Market*** (2009) p. 813-814 https://mises.org/library/book/man-economy-and-state-power-and-market #Agorism #Agorist #AnCap #Libertarian #Antistate #EndTheFed #AustrianEconomics #AustrianSchool #Inflation #SoundMoney #HardMoney #Quotestr

Companies used to collude with one another to form cartels. However, cartels would be short-lived due to greed and envy amongst the different members, as well as external entrepreneurship. Nowadays, cartels can become permanent as long as the very same companies being regulated can use the same tactics from the revolving door.

A greater amount of savings will lead to businesses focusing on higher order goods instead of lower order goods due to consumers having lower time preferences. This lead to a lengthening of the structure of production. Thus, it becomes easy to see how central banks lead to losses everywhere once the bubble finally bursts.

The book in question: View quoted note →

Which one is it? Or is it both? #Agorism #Agorist #Libertarian #Libertarianism #Liberty #Antistate #Individualism

Yoasobi never misses!

The fact that the market is able to exist presupposes a series of laws to determine how exchanges are able to be made, therefore a state is not needed to protect private property. The market can live without the State, but the State cannot live without the market.

#Agorism #Agorist #Libertarian #Antistate #Privacy #Flock #MassSurveillance #SurveillanceCapitalism