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f0xr
f0xr@primal.net
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"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning." -Henry Ford
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f0xr 1 year ago
Never forget, atheism requires far more faith than humbly believing God's Word image
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f0xr 1 year ago
"Federal" Reserve Act "Patriot" Act "Inflation Reduction" Act Notice a pattern?...
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f0xr 1 year ago
The pain of watching sats go on sale when you're already all in 🤢
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f0xr 1 year ago
Another fiat economics term that needs to die is "money flowing into _______." Money does no such thing, it doesn't "flow into" stocks, or bonds, or real estate, or Bitcoin, or anything else. I know it's a shorthanded way of expressing an idea, but it's misleading and generally misunderstood and needs to be abandoned. When money "flows into" anything, what happens in reality is the money is exchanged between people, and the wealth is exchanged in the other direction. Money isn't destroyed when you buy something with it, or immobilized inside the purchased object like "flows into" suggests. The only thing that changes is who has the money in their account or their pocket. The effect is that as more people buy a certain category of product, the increased demand causes the price the holders are willing to accept in payment for that product to rise. Eventually the price will rise high enough that the same amount of money becomes a smaller percentage of the cost of that product, and people are satisfied to hold the money instead of buying more product at the new higher price. That's the mechanism of rising prices during inflation. "Money flows into ______" is a horrible way to refer to that process, and just perpetuates the misconception that money=wealth.
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f0xr 1 year ago
Some call it weeds, I call it free cover crop #photos #flowers #farm #spring image
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f0xr 1 year ago
Modern "environmentalism" is a Malthusian death cult promoted by psychopathic Marxists as cover for their pursuit of power. #memes image
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f0xr 1 year ago
"The financial gains from the major advancements in artificial intelligence, automation, and new technology must benefit the working class, not just corporate CEOs and wealthy stockholders on Wall Street." -Bernie Sanders And why might that be, you clueless commie shill? Have you checked the banking system? Researched why banks are legally permitted to do something anyone else would go to prison for attempting? Questioned why we use debt and money interchangeablely? Or are you just spouting off some tired diatribe blaming "capitalism", which we don't even have in the US, for a problem caused by the very financial system that keeps parasites like you from starving to death? Yeah, that's what I thought. If you like communism so much shut your mouth and move to a communist paradise, preferably Cuba or North Korea. Otherwise, educate yourself before polluting the public discourse with yet more of your half-baked fantasies.