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Filipe Martinho
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Physicist & Solar Photovoltaic R&D Engineer at Hanwha QCells
Filipe Martinho's avatar
Filipe Martinho 7 months ago
"You cannot force intelligence to work: those who’re able to think, will not work under compulsion; those who will, won’t produce much more than the price of the whip needed to keep them enslaved." Ayn Rand, Atlas Shrugged, 1957
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Filipe Martinho 9 months ago
Ayn Rand on 1962 on the need for deregulating the economy as much as possible, as fast as possible, wherever possible, but warning about the disastrous consequences of doing it overnight when already so many people are dependent on the state. 63 years later it is so much worse. It's very interesting to see Milei being the closest embodiment of this principle in Argentina Original post credit: image
There is nothing wrong with trying to preserve one's capital in hard times, but the only real solution is to use one's capital to stop the present trends. In the long run, there is no way to profit from a destroyed America. There is no refuge from a collapse. There is no way to protect your assets, your home, your job, your family, your freedom. As Henry Hazlitt phrased it, "There is no safe hedge against inflation except to stop it." G. Edward Griffin, "The creature from Jekyll Island", 1994
Absolutely wonderful conversation with the 95-year old Thomas Sowell. Can't recommend it enough
Just finished watching Javier Milei's recent 4h30min podcast with Alejandro Fantino. This absolute madman brought a 6 page handwritten document with economics notes and was lecturing them live on air. Love him or hate him, no other president would do this, and we need more of it. Here depicted a part where he explains the Hume-Cantillon effect. According to his plan, Argentina should have close to 0% inflation mid 2026, which left the host speechless. Big if true, let's see! image
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