The State’s Cargo Cult Economics By Justin Murray "Watching the Federal Reserve’s inflationary “strategy” of enacting repeated “stimulus” and creating asset bubbles, one is reminded of the “Cargo Cult” in the South Pacific after the end of World War II." originally posted at… Undisciplined Sep 23, 2024, 7:49 PM
Politics Breeds Conflict while the Market Brings Peace By Llewellyn H. Rockwell, Jr. "The market always tends to bring people together in peace, neither compelling nor forbidding exchanges. This is why racists and despots prefer the state to markets." originally posted at… Undisciplined Sep 22, 2024, 12:38 PM
The difference is that Americans know how long a foot is. We don't know what a dollar's going to be worth, so why not switch to sats?… Undisciplined Sep 21, 2024, 9:47 PM
Here's a simple test: If you're blowing up civilian neighborhoods, it's very unlikely that you're acting in self defense.… Undisciplined Sep 21, 2024, 9:43 PM
There's something to what @alex is saying but let's not forget that Bitcoin is still a teenager and most of us haven't even been here for more than five years. That's barely enough time for a problem to be "longstanding" Undisciplined Sep 21, 2024, 2:44 PM