The destruction of wealth in savings through inflation does not magically create more productive opportunities in society, as Keynesian fantasists want to believe; it reallocates that wealth into destructive and failed business opportunities, which yield a positive nominal but a negative real return, resulting in capital destruction. #Bitcoin fixes this.

GM #FreedomTech #Bitcoin #Nostr

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

How it feels to read Austrian Economics and #Bitcoin books 📚

GM Hedge Funds are 5.8$ billion short #bitcoin When this snaps ♎️

Global M2 close to new ATH

GM

„An object that is not in short supply is not an economic good; no prices are asked for it or paid for it. As money must necessarily be an economic good, the notion of a money that would not be scarce is absurd.“ — Ludwig von Mises

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Contrary to Keynesian propaganda, inflation does not promote investment, it misallocates it.

Many who are self-taught far excel the doctors, masters, and bachelors of the most renowned universities. – Ludwig von Mises