jonny

esteemed soap-boxer

[Brooks Otterlake @i_zzzzzz]

Sad how many people don’t know about Optimal Bite Point

[The Black Horse @TheBlackHorse65]

Separating babies from their mother's for 8+ hours a day at 3 months just to marginally grease GDP is utterly barbaric. No civilized people should tolerate it.

[টaara🕷️ @taarafilms]

“well written” “well acted” “good vfx” “good practical effects” mf that’s called a good fucking movie.

[BLËUSKI @BleuCapone]

It don’t get no realer than this

[KAT @reallKAT]

How silly of me to forget how far God has brought me just because I want to go farther.

[The Internet Fish @TheInternetFish]

"I'M FUCKINGGGG RICHHHHHH"

[Supercell fren🇺🇸 @Supercell_fren]

They’re so close to realizing Christians were right about premarital sex.

[patagucci perf papi @kenwheeler]

if you’ve ever worked in open floorplan, this is basically the fuckin four seasons

[The Figen @TheFigen_]

That's one of the best photo of the World Cup.

[Sean Cranston @themoviedadsc]

Wives anytime they see their husband relaxing:

[Carabao Cup @Carabao_Cup]

Big Dan Burn loses Alexis Mac Allister to head home!

#EFL | #CarabaoCup

[bentancourtismo @bentancourtismo]

Entre sudamericanos nos apoyamos 🫂

[A☝🏻 @whualfie_]

get past Norway and we will do the whole world a favour by knocking #them out in the SF 🏴󠁧󠁢󠁥󠁮󠁧󠁿

[Keskin @craftian_keskin]

Ha Ha Ha Haaland

[🫵🏽 @idoxvi]

First day without football in a month

[Anton Liubich @antonliubich]

For most of my professional life, I have been connected to agriculture. First I farmed. Then I financed farming — including building what became Europe's largest milk producer. Here is how I see it.

A company produces milk and lists its shares on an exchange.

Someone buys those shares, believing people drink milk and will drink more of it. Someone else buys the milk itself. If milk becomes unaffordable, sales collapse and the company goes bankrupt. So the company prices its milk above cost — but low enough that people can still buy it.

Meanwhile, trading happens on the exchange. Small parcels of shares change hands. The price of the very last trade — even if it involved a single share — becomes the quote you see. And through speculation, that quote rises fivefold.

Does this mean I, as a co-founder, could sell 5% of the company at that price without crashing it? No. Does it mean milk got five times more expensive and less affordable? Also no.

So what does it mean? Three things.

First: someone made modest money speculating with a small block of shares.

Second: I acquired "wealth" that exists only on paper. It bought me nothing. I hold the same shares, sold none of them, and received nothing to spend.

Third: a monetary bubble keeps inflating. The money printed by the Fed and the Bank of England — and multiplied by commercial banks through fractional-reserve lending (the Fed cut reserve requirements to zero in 2020; the Bank of England never had binding ones at all) — hangs over the economy like a giant sack. If a large share of this empty money, backed by no goods — no milk, no grain, no circuit boards, no wrenches — were not absorbed by stock speculation and real estate, it would instantly turn into consumer inflation.

The economy's problems are not the mythical "rich getting richer." They are two things: we produce fewer goods than we could, thanks to a pile of absurd regulations. And fiat money is printed in enormous quantities, warping every market it touches.

But that is too complicated, or too unpleasant, to accept. Blaming the rich is easier.

[Josh Rainer @JoshRainerGold]

Anyone who believes in more conspiracy theories than me is a retard; anyone who believes in fewer is a slave

[Per Bylund @PerBylund]

What causes #poverty? Nothing. It's the original state, the default and starting point. The real question is, What causes #prosperity?