Oddbean new post about | logout

Notes by Joakim Book | export

 THEY QE'D THE 15TH-CENTURY ECONOMY WITH FUCKING DEBT STICKS.

Fucking nice of a MONEY CLASS rant at  @SN today

https://stacker.news/items/768285/r/denlillaapan 
 fuck, this is such a good, calm, and serious explanation for what happened. Read it a dozen times, still love it

https://m.primal.net/MCyj.png 

https://thedailyeconomy.org/article/requiem-for-a-broken-progressive-dream-on-sore-losers-and-gracious-winners/

From Bret Stephen in _The New York Times_. 

https://www.nytimes.com/2024/11/06/opinion/donald-trump-defeat-democrats.html 
 Such quatsch.

Strip these ivory tower dudes of their credentials. (And laugh at the poor "journalist," James Baxter-Derrington, who put together an unbelievable mess of stupidities in one short article)

https://www.telegraph.co.uk/money/investing/whine-all-you-want-bitcoin-is-still-worthless/

https://m.primal.net/MCrE.png
 
 GM... at the end of the day. w/e. Dude's gotta GM 
 @Svetski : "the past was in many ways superior to the present. Sure, we have toilets, running water, refrigerators and airplanes; but we’re also fatter, dumber, sicker, lonelier, weaker and, some might argue, more slavish and obedient than we’ve ever been."

https://remnantchronicles.substack.com/p/i-took-all-the-pills 
 My "morning" coffee is better than yours

(_"morning"_ because it's 12.30 -- shitty sun too lazy to get over horizon)

https://m.primal.net/MBwj.png 

#nature #villagelife #mountains #sunrise #coffeechain #plebs #coffee 
 This is pretty alright. 

Yes, Stiglitz not exactly an impressive economist and this reeks of lefty envy politics etc, but this Georgist idea isn't crap. 

Also... it's not *land* going up, dufus. It's the MONEY GOING DOWN

#nostr #philosophizing #econstr


https://m.primal.net/MBSl.png 

 
 I’m highly considering hiring a  mariachi band to follow me around my home town singing ballads... 
 just a little bit. Maybe for Jan 3 or White Paper day or something like that 
 Prove me wrong

https://m.primal.net/MAyT.png 

https://x.com/joakimbook/status/1856340615392338045

(sorry about the Twitter link, but fuck wasn't gonna re-write all these ~25 words) 
 I love Nostr as much as the next ostrich, but I'm damn glad I didn't leave X right now. 
 uh-hu. 

_Goes to Twitter to check what's up, finds nothing_

What'd I miss?

 
 In one month, I will be turning 25. I really want to make the most of the next 5 years, so that b... 
 - Quit university (unless you're a doctor, engineer etc)-- just go build/work in the fields you want instead 

- Practice yoga

- Be less agreeable (i.e., take less shit; tell people off)

- Eat more meat

- Alcohol at a minimum


https://mises.org/mises-wire/ten-years-ago-i-discovered-mises-institute-these-are-things-i-wish-i-had-done-differently 
 GM 
 GM

Forgot if I GM'd today already. Better "GM" again to be safe  
 pretty sick in perspective.

Enjoy the ride, plebs. And to those who spent it on fucking toilet paper and netflix subscription, I have nothing but pity for yah

https://m.primal.net/MAjP.png
 
 Every financial advisor who told their clients NOT to buy #bitcoin is going to be out of a job. 
 what's a financial advisor?

(sorry I'm from the future, we use bitcoin -- don't have "portfolios") 
 I understand the 1 btc = 1 btc meme but isn't it a bit hypocritical?

Isn't it conveying the idea... 
 yes. 

That's why it's a bad meme and people should stop saying it. Price matters. 

https://bitcoinmagazine.com/culture/bitcoin-price-action-does-matter

 @realBitcoinDog has finally gotten around to it 
 WE DO ALL OF THESE THINGS  
 Um, yeah. So, apparently someone made a song about you,  @LynAlden

I guess flattery comes in all forms...?

https://stacker.news/items/763337 
 Funny how relevant this remains today, at 84k nostr:note1maj4mfqsrfc4r94prua7ksn98rlcqxlp2reyw0zr... 
 indeed 
 GOOD MORNING NOSTR.

LIVE FREE. 🫡 
 It is a VERY good morning, sir 
 gm, peeps.
stop watching price _and get back to work_! 
 Oh. Now some workmates are interested in bitcoin.
When I told them about it at 20k they weren't i... 
 <insert Always Had Been meme> 
 ok fine, i surrender  
 GM 
 GM 
 How quickly after $90k does the coin hit $100k?  Price is right rules. Whole days only. First to ... 
 127 hours 
 If you’re a man who’s struggling with low self esteem let me tell you going to therapy isn’... 
 Price breakouts are really important and it’s great to finally see one, but I’m also kind of ... 
 #100pushups #100adayuntil100k amirite! 
 GM 

It’s almost noon in Moscow

-12 hours left 
 good morning, #nostr. How are you, today?

#scenery #sunrise #mountains #winter #winteriscoming #mountainlife 

https://m.primal.net/LyeN.jpg
 
 nice man, pls don't dox me! (but do come over for coffee if you're visiting!) 
 make make ___ great again hats great again nostr:note1c4c8h2u7yz7tjulq372wy93r7sudrpcph8m2lnrw2a0... 
 whatcha gonna do about it?! 
 Y’all mentally prepared for the 40% drawback that will follow? 
 nope 
 This pod was genuinely entertaining and engaging beyond most in the past months. 
And I listen to... 
 TRULY, great job  @HODL  @erikcason and  @walker 
 went here today. What did you do?

#nature #mountain #mountainhike #snow #iceland #66N #peace #stillness

https://m.primal.net/LxuK.jpg
https://m.primal.net/LxuL.jpg
 
 BIG TRAVEL YEAR FOR ME. 🤯

COSTA RICA
MEXICO
NORWAY
GERMANY
ITALY
SWITZERLAND
LATVIA
MISSOURI
... 
 shit, man. Good job 
 indeed they are, love em! 
 THESE are the sorts of reflections that America's left/progressives need right now. 

"I have to say that I now doubt the practical effectiveness of some of the policies I embraced in previous years. Others still seem like good ideas, but I’ve been dismayed at their botched implementation where they were tried." -- Noah Smith

"In 2012 or 2019, progressivism felt like it had forward momentum; now it feels adrift."

Noah concludes that the typical progressive causes are "dead in the water" or stuck amid an America public that no longer cherishes them. He's happy to wait that out, hoping (in vain?) for a change next decade or so. 

The other take-away imperative there would be to ask the question: Maybe--just maybe--I got these goals, values, ends, and beliefs _wrong_?

Pssst  @TPBPod  @trey  @jyn_urso etc



https://m.primal.net/LwuF.png 

https://www.noahpinion.blog/p/what-remains-of-the-progressive-project
 
 
If one were to have some dry powder, should one right now dump it straight into BTC wholesale ri... 
 I had a piece on this for  @BitcoinMagazine a few years back -- admittedly not at ATH but still. 

https://bitcoinmagazine.com/culture/dca-effective-going-all-in-on-bitcoin 
 ah, for FUCK ACTUAL SAKE. 

Fed is _not_ private. Get real, dude
https://stacker.news/items/745581 
 Very ironic and fitting, then, that this election was decided -- in no small part -- by dudes on bro podcasts. 

The symmetry is BEAUTIFUL 

https://m.primal.net/LvvO.png 
#politicstr #election2024 #NYT

https://www.nytimes.com/2024/11/06/opinion/trump-elites-working-class.html 
 GM 
 gm 
 Sweetest sats I ever earned. 

#election #politics #bitcoinpredictionmarkets 

https://m.primal.net/LupX.png  
 Hey, really want you all to consider supporting nostr:npub1fpcd25q2zg09rp65fglxuhp0acws5qlphpg88u... 
 samesies 
 Truly. In that role, you guys are important and I'm looking forward to see what inroads you achieve.

the climate shit has to go, though. 
 real -- just irrelevant/unimportant  
 Here’s my I have only had 5 hours of sleep take on Donald Trump’s win. 

This election was ab... 
 "...end in a worker revolution where the proletariat owns the means of production"

jezus, why would anybody want that? Literally the worst possible outcome  for humanity or workers themselves. 
 GM 
 GM to a very good day 
 Holy shit I just remembered Joe Biden is still allegedly running the country for the next three m... 
 crazy.
 Everyone forgot about it, somehow