“With more money or money substitutes around, their price - that is, their purchasing power - will diminish. And this will show itself as a rise in the prices of other goods - what is commonly called inflation.” @VonMises on the consequences of money printing in Eamonn Butler’s primer to Von Mises. Absolutely loving it and feeling there are a good few quotes a missed from a paper. Ah well, always room for improvement.
Dug
Dug@primal.net
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Being the man my dog thought I was (also GFY) he liked knots
Gm nostriches, Sunday morning, time to get cracking with the roast!!! Grabbed some short ribs the other week, so attempting something slightly different. Rump on the side just in case it is only me that eats the main event.
Still recovering from being obliterated in Catan, twice. The eldest does not take prisoners when it comes to board games!!!!


Gm nostriches here’s to a wet Saturday morning, reflecting on the week gone by.
Fascinating stuff coming out of the by election, an Urdu language social media post from the greens. Showing the use of the labour playbook of appealing to communities that will vote as a block/ votes are control by community leaders. Vote for us and you don’t even need to learn our language, we’re kind. Reform as already watering policies down and they will likely never be able to appeal to such groups.
Konstantin Kisin with a very clear review and my new favourJavier Milei, about voting for stuff you want with “government money” “we can all be a whore with someone else’s arse”, why thank you sir.
Currently interested in the second order “partners of the greens”, Hannah the plumber living with an animal testing “researcher”, Zack with a palliative care worker. Hmmm, choosing to sleep with merchants of death? Suppose MAID will be arriving in the uk once they get in power. Kind? My arse, oh……. Yeah it will likely be my arse they will be looking to mess with.
#coffeechain working it’s magic, with an arrival of part 4, if you know, you know.


Whoop whoop, been tipping my barber in sats for a while and he showed some interest in silver, so happily traded him a silver Britannia for sats (at a good rate because I wanted sats and wanted him to keep some of the sats he’d been building up).
Sats for silver mother fucka’s!!!!!! @Hector Alvero maybe not the ideal orange pilling route, but hard money is the ultimate aim. 🫡🙌


Gm Nostriches, happy Friday for all those who celebrate.
Kicking the mind into gear for some teaching today, the subject, INNOVATION!!!!
Material provided is so dull, so wracking my brain for some interesting examples to get them thinking, bring in some creativity and possibly some unintended consequences, and who knows, there may even be some engagement. Wondering whether to drop bitcoin as the greatest innovation at the end of each session. 🧐
But first #coffeechain, note, that is NOT a shot of Guinness, although it’s a nice thought.


“In fact, says Mises, monopoly would be at its zenith under socialism, where all production is in state hands. The real source of monopoly, and a malign one, is not capitalism, but government…. Governments can simply vote themselves monopolies” Eamon Butler on Von Mises.
Such a clear explanation and critique of communism lite (as I like to call it) while all the timing those greedy entrepreneurs for contributing more value than they take.
Covering innovation in class tomorrow, the material is so dry and dull. Going to maybe drop a little Austrian knowledge bombs!!!
Withstanding the miss spelling, friend forwards an email about assistance dogs on campus with the note referring to a time I brought Dug into the PhD room and their was an email circulated to say it wasn’t alllowed.
Over ten years on, and the boy still lives on in the mind of someone outside my family. We only truly die when we stop being remembered. Yes, that was the high point of my week.
Miss you buddy.


Gm nostriches, Thursday, the day for me to get shit done, either getting my head straight with a bike ride, garden stuff or just family stuff. Feeling the need to start my taxes which makes me wretch (but will reply to the accountant to say their “advice” was expensive and added no value 🫡🙌), but also the “we need to book a family holiday for Easter” that was dropped earlier in the week……..
Me and the girls pretty happy to just mess around, maybe go on a bike ride or trip to visit my ma’s…….. wish me luck freaks. #coffeechain and #catstr emotionally supporting me.
And on my third attempt, managed to get the version of “Keynes and after” I was looking for (a none fancy first edition). Weird how the later versions miss out the “saving as a vice” section….. 🧐


“Using Bitcoin to engage in some meaningful tax evasion” 👏 to @Erik Cason on @walker (while out of the room).
I second that, they print the money, they spend it on child sacrifice, I don’t want to engage in that system, it is immoral.


Fountain: Podcasts & Music
THE Bitcoin Podcast • F**k the State: Bitcoin, Open-Source AI, and Ending the Pedo-Cabal | Erik Cason • Watch on Fountain
Erik Cason is back and we're diving deep into some uncomfortable truths. We talk about government corruption, the Epstein revelations, and why most...
Gm nostriches, #coffeechain working its magic as I enter the fiat mine to cry with my colleagues that ever half decent submission is actually the result of AI and not student effort or intelligence. Well, they can cry, I got bittie. Up 3% so retirement is still on the cards!!!!
Listening to @walker and @Erik Cason (lovely work sirs), realising I’d dropped the ball and missing an important reference to when I cover the “this gives us our power back” part. 🫡🙌

