Stein's Gate

[Saifedean Ammous @saifedean]

President @nayibbukele discovers The Imprisoned-Criminal Fallacy, the corollary of The Broken-Window Fallacy, on which all of Keynesian nonsense rests.

The Keynesian scammers of the fiat cartel told him that eliminating crime would reduce GDP. Yet in reality, it raised GDP.

This is because crime is destructive rather than productive. Crime doesn't create economic goods; it just takes them from those who created them and gives them to those who commit crimes. Locking up criminals does not reduce production, but for Keynesian fiat scammers, it seems to reduce spending because criminals are no longer spending while locked in prison, and the Keynesian scammers only care about spending because they do not understand the concept of production.

In the real world, spending is not actually reduced, because the productive victims of crime now get to keep their money and spend it themselves. The criminal goes to jail, and the tomato seller he extorted gets to keep his money and spend it on things he likes. Not only is spending not reduced, but production actually increases when the criminals are locked up, as President Bukele points out. Locking up criminals shifts society's incentives away from crime and toward production. It becomes much harder to earn from crime, so you have to turn into a productive human and do something useful for others.

Equivalently, Keynesian scammers think broken windows are 'good for the economy' because they lead to increased spending: when a window is broken, the window owner needs to spend money getting it fixed, and that makes the window maker richer, causing him to spend more himself, with a multiplier effect that ripples prosperity throughout society. This is hilariously stupid because without breaking the window, the window owner would spend the window repair money on another thing, and he would have the window and the other thing! And an equivalent chain of spending would ensue. But the vandal who broke the window would have to spend their time doing something productive instead of being a Keynesian vandal.

It is no wonder that Keynesian economics leads to pro-criminal conclusions; the entire ideology was invented by a despicable child-raping criminal, and it has been used to justify the two greatest crimes in human history: fiat central banking and the many wars it finances.

[Bitcoin Magazine @BitcoinMagazine]

JUST IN: Bitcoin pumps to $63,052 🚀

[Muslim @Muslim]

Let's go Morocco 🇲🇦

[Sean Strickland @SStricklandMMA]

Let me ask you guys 8000 lives lost 3 trillion dollars for zionism.. Tell me what did those lives and treasure buy us? Was it worth it? Are we getting free oil?

We need to call this for what it is. A compromised government

[Relai 🇨🇭 @relai_app]

🚨🇩🇪 DEUTSCHE BITCOINER, EURE HILFE WIRD GEBRAUCHT.

Die einjährige Haltefrist, Deutschlands steuerfreie Halteperiode für Bitcoin, steht unter direktem Angriff. Fällt sie weg, wird langfristiges Sparen in Bitcoin bestraft und Deutschland wird zu einem der schlechtesten Orte in Europa, um Bitcoin zu halten.

Die Petition wurde beim Bundestag eingereicht und wird voraussichtlich um den 14. Juni live gehen. Sie braucht 30.000 Unterschriften, um eine öffentliche Anhörung auszulösen.

Du kannst dich jetzt vorbereiten: Erstelle dein Bundestag-Konto, damit du sofort unterschreiben kannst, sobald sie startet.

Mehr dazu hier: https://t.co/Mi5GeHcMuO

👉 Teile diesen Beitrag, damit ihn jeder deutsche Bitcoiner sieht.

[Ethan Levins ✝️ @EthanLevins2]

In 1982, Israel bombed the Beirut airport.

The Lebanese were trapped as the IDF marched into Beirut, massacring thousands of civilians.

Hezbollah didn’t exist.

[Ihab Hassan @IhabHassane]

HORRIFIC: Israeli settlers attacked the village of Madma in the West Bank, setting olive groves on fire and burning hundreds of olive trees.

Today saw an unprecedented wave of attacks, with settlers setting at least 9 fields and olive groves on fire across the West Bank.

[Simply Bitcoin @SimplyBitcoin]

JAMES LAVISH: “A few of you will someday tell your kids about buying Bitcoin under $100K

It will be legendary.” 🚀

[Stephen King @StephenKing]

Never mind the UFO files.
Release the Epstein files.

[jack @jack]

.@RepThomasMassie for president

[Frank Schäffler @f_schaeffler]

Bitcoin ist strukturell Gold, nicht Aktie. Und genau so behandelt das deutsche Steuerrecht es seit Jahren: als privates Veräußerungsgeschäft nach Paragraf 23 EStG, mit Haltefrist, wie beim Verkauf von Edelmetallen. Wer Bitcoin gezielt aus dieser Systematik herauslösen will, bekommt ein Problem mit Artikel 3 GG. Der allgemeine Gleichheitssatz verbietet die Ungleichbehandlung wesentlich gleicher Sachverhalte. Das Bundesverfassungsgericht hat in seiner Pendlerpauschalen-Entscheidung 2008 klargestellt: Wer eine steuerrechtliche Grundentscheidung trifft, muss sie folgerichtig durchhalten. Ausnahmen bedürfen eines besonderen sachlichen Grundes – der rein fiskalische Zweck der Einnahmenerhöhung genügt ausdrücklich nicht.

https://t.co/3CK6rqua9a

[Fiat Archive @fiatarchive]

$126K: "Bitcoin is too expensive. I'll wait for a dip."

$75K: "Bitcoin is dead. I'll buy some later."

[Teddy - PolyBackTest.com @Bitcoin_Teddy]

FIDELITY: One Bitcoin may be worth $1 billion by 2038. 🤯

[Bitcoin Archive @BitcoinArchive]

WIKILEAKS FOUNDER JULIAN ASSANGE: “Bitcoin is an extremely important innovation, but not in the way most people think.

Bitcoin's real innovation is a globally verifiable proof publishing at a certain time.

The whole system is built on that concept, and many other systems can also be built on it.

The block chain nails down history, breaking Orwell's dictum of 'He who controls the present controls the past and he who controls the past controls the future'.”

[Fred Krueger @dotkrueger]

The next 8 years will be like the last 8.

- massive money printing
- massive QE
- rate cuts in the face of inflation
- Gold price 3x
- Bitcoin price 10x

Have a wonderful day.

[Bitcoin Magazine @BitcoinMagazine]

JUST IN: Bitcoin pumps above $75,000! 🟢

[Bitcoin Archive @BitcoinArchive]

🚀JUST IN: Next Bitcoin halving is 50% complete.

105,000 blocks left before block rewards get cut in half and daily issuance drops again.

[Billy ₿oone @thebillyboone]

1 million seconds = 11 days
1 billion seconds = 31 years
1 trillion seconds = 31,710 years

So a central bank created 716,646 years out of thin air.

[Ethan Levins ✝️ @EthanLevins2]

Israeli Tanks in Beirut, Lebanon 1982.

Hezbollah didn’t exist.

It’s never been about Hezbollah, it’s about occupation.

[Lowkey @Lowkey0nline]

It is incredible that Israel literally bombed a synagogue in Tehran and the vast majority of western media just completely ignored it.