We are all sovereign, and no one is. Governments pretend that they are. My ideas are not radical, only that everyone obeys the same law, Natural law #bitcoin
“Libertarianism holds that the only proper role of violence is to defend person and property against violence, that any use of violence that goes beyond such just defence is itself aggressive, unjust, and criminal” - Murray Rothbard
@guyferson@PeterSchiff Yes they will also make less money, it hurts the country placing tariffs the most, then the tariffed country, and all other countries (like china) would gain
@guyferson@PeterSchiff If it all of a sudden becomes unprofitable to sell goods to the United States, this will increase available supply to other countries, likely lowering prices to unload supply actually making them more competitive sellers to Every other country other than the US.
@Spen_Hays@austinfgreen@ErikVoorhees Wage “suppression”? I think it’s just because people running businesses react to inflation than workers asking for raises, reducing labour competition will only lower real wages as productivity decreases
Some are worried that AI will eliminate jobs. Of course it will — that's progress. The goal is more leisure and less work. AI will enable many people to retire early. For those who can't afford to, there will be a premium on human labor for jobs AI can't do or can't do as well.
@cryptoinformer0@dumimo@mars_quaking@RealKeithWeiner Out to people who can, because there arnt enough resources to do everything that would be profitable, it’s better to do what returns 5% and not 1% when you add inflation into the mix your making the 1% return more attractive and -1% return with 2% inflation appears to be profitab
@cryptoinformer0@dumimo@mars_quaking@RealKeithWeiner Prices go down, which lowers incentive to invest, but what happens then? Prices don’t keep declining, so the incentive returns, which means you have an incentive to invest only at above the “risk free return” of cash, so investors who can’t out perform cash instead lend it 1/2