When central banks intervene to prop up their own bonds, they cripple the capital markets and collapse their own currencies. Sovereign debt is an increasingly ineffective treasury reserve asset. #Bitcoin offers a sound economic & ethical alternative.
https://t.co/2L7utpDkyr
#TheFiatStandard is a real estate scam
1. Destroy money's value
2. People can't save
3. People use their home as savings account
4. Inflation makes nominal house prices go up
5. People think inflation makes them richer
6. People vote for more inflation
@tyler "I don't believe we shall ever have a good money again before we take the thing out of the hands of government, that is, we can't take them violently out of the hands of government, all we can do is by some sly roundabout way introduce something that they can't stop." -Hayek
In 2013, @JeffBezos purchased the Washington Post, an American newspaper founded in 1877.
in 2022, @elonmusk purchased a stake in Twitter, a micro-blogging social network founded in 2006.
The media and information landscape is changing rapidly. Which one would you rather own?
Imagine paying a money manager 7.9% a year to do absolutely nothing with your money. That's what inflation is. It's a hidden management fee that comes with no return.
Today, if you hold USD cash, you are paying the US government 7.9% to do nothing with your money. Scary.
"Inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher energy prices, and broader price pressures."
NO MENTION OF MONEY PRINTING!
https://t.co/492JabKEhJ
Some governments regulate to protect consumers and foster innovation.
Some governments regulate to raise revenues.
And some governments regulate to wield power, manipulate, and control.