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sachin
npub1xnc6...3qnl
Contributing to the Bitcoin Breakdown newsletter
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sachin 5 months ago
Apparently, Price controls, interest rate controls, taking of property in the name of public good, progressively stealing and redisributing more and more of people's income, consistent increases in money supply, fleecing of people's savings, monopoly-causing regulation of businesses, trade barriers in importing and exporting, restrictions on natural rights or complete outlawry of them, imprisoning those who resist theft and aggression, funding mass murder and displacement of innocent people living thousands of miles away, are all fine, as long as they are forced down the throats of people by leaders who win popularity contests, using a group of people who didn't win anything as instruments to execute these policies, citing the written laws which these popularity contest winners can change much as they like as the legal basis for these actions, which are promptly upheld by scrutinizers who are paid by those whose actions they are scrutinising. image
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sachin 5 months ago
A Libertarian case for Progressives as a bunch of LARPs.
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sachin 5 months ago
If you're a regular Zeus user and randomly run into issues with sync times while opening the app after a while, retry after turning on your VPN
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sachin 5 months ago
More Bitcoin podcasts is good More Bitcoin podcasts speaking about Austrian economics is better More Bitcoin podcasts speaking about Libertarianism is best
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sachin 5 months ago
"The standard of living does not simply depend on some total physical output of production; it depends much more on the proper distribution or proportioning of the various specific production factors in producing a well-balanced composition of a variety of consumer goods." - Hoppe Before socialist bros interpret this quote as a call for bureaucratic redistribution: That's not the point being made. Proper distribution here means that production follows demand rather than arbitrary edicts. Prices are allowed to rise and fall with demand in such a way that producers are able to satisfy the demands of consumers. Consumers control the allocation of capital by voting with their wallet while buying goods and services in the market. Producers have to constantly readjust based on consumer preferences, which will keep changing. Hence, over time, their demands are satisfied, while producers also profit off of it. That's how the overall standard of living is raised. GDP, income distribution, per capita income, export numbers, production metrics, visual evidence are all useful indicators for determining how the economy of a particular region is doing. But their usefulness is limited.
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sachin 5 months ago
Calling Hoppe a fascist is retarded.