Oddbean new post about login | logout UK. Lost its damn mind. France (and the EU). Lost its damn mind. Brazil. Lost its damn mind. Happy to see so many new faces here on Nostr but I’m sad to see freedom of speech being attacked so vehemently worldwide.
Scary times
Good this The U.S is a country full of armed radicals We won’t stand for it Not overtly atleast
US is getting boiling frog treatment
Not to mention the growing amount of censorship we’re facing in the US. Very sad indeed
I mean to be fair each of those cases is a minority of power-hungry tyrants against an unarmed populace...
In most cases almost nothing happened and the nostr community just gets crazy.
I think it would be easier to make the list the other way around. Which country didn't lost it's damn mind? Really, it's the system working as design
What system? You know that its all independent from each other. There is noone orchestrating or something. Even when you really believe it is like this.
What do you mean? The system of the fractional reserve banking, and currencies created out of thin air backed by dollars created out of thin air. The system where a government can issue bonds, that are bought with the money they print, that is backed by the bonds they issued. This system is going on in 180 countries, that's basically all of the world, because the rest are dollarize. All actions of governments, are set to preserve this system because the only thing they can think is in their next election. Working as design
You know that the federal bank in the US is independent from politics?
If the government issues bonds and the FED dont buys them, what do you think it would happen? https://image.nostr.build/d7cc85be0e20b2973c7240ac2eec8896ee49078b1a73883620c6aeb3083470c4.gif
Crazy. Did not know the federal reserve holds this much of the treasury bonds. But it is in general kind of a miracle how the US treasury did not go bankruped until now. But most probably this bankrupcie is close. And possible, that the fed is doing its part to defend from this and increase inflation to lower the dept. And yes a more global independent currency would have made the US bankrupt a long time ago. Maby you have a good point here. Thanks for sharing 👍😉 https://www.federalreserve.gov/releases/h41/current/h41.pdf https://www.pgpf.org/infographic/the-national-debt-is-now-more-than-35-trillion-what-does-that-mean
One of the root causes of the current system that rottens everything from politics to science common to every country and independent of any government, it's the fractional reserve banking. This non sense system allows the creation money by private corporations. Because this money is free gets allocated in the wrong places and investments, places were nobody will ever put their hard earn money, leading to the economic cycles of expansions and recessions, where wealth gets transferred from the middle class to people holding hard assets, making the gap bigger after every cycle.
Hi, how about next time you try to make that a little less ChatGPT and use oh wait I get it. I get it. You don’t have a brain. Forget it carry-on
You don't think this are the words of a human? I'm sorry for you. This are basic Austrian Economics, something that a 15 years old who read Hayek and Mises could write, this is very well explained in Broken Money from Lyn Alden, of in the Fiat Standard. This things I mention are called books. Do you know what that is? Why the negativity on a beautiful day?
 oh I get it. You’re one of those people that live in theoretical when I actually get myself out in the world and change it I understand now.
Why so much negativity? Do you need help? You seem like very insecure person. Breath and think in who you really are and want to be.
You don’t even know how to speak speak properly don’t ever talk to me again I’m blocking your dumb ass
Never be sorry for anything. Stand by your beliefs and fight for him the world is already burning down around us.
I am in line that it is toxic how some big companies are supported when getting in a recession cicle because of bad management of their business. It is a very important mechanics of the market, that companies can die. Since nothing can grow really strong, when the strongest companies get protected.
Exactly! And that is what I meant with the system working as design, common to all countries. We now believe that these cycles are part of the economy like an universal law and they started with the creation of the fractional reserve banking.
Probably means something big is coming... My money is on global debt default & financial collapse + great taking of all productive assets by the banking cartels.
They haven’t lost their minds. We’re in the middle of a global Bolshevik revolution. Act accordingly.
It needs to happen. All the shit needs to come floating to the surface. When move to the other side of the border? 😉
We are the dissidents of the new generation 🇧🇷🫡🚬🐍 https://m.primal.net/KXRB.webp
people from america dont have a clue how much R$50.000 costs for brazilians (the sue for using x or vpn rn) its literally 25x times the price for the bail for killing someone
states never had any mind. Collectivism leads to evil. nostr:note1zvdnzujhyhhu6e27f9xdf5mgsgzhks49x85a7n2wacgx8qkc0pnscmcrqk
