I edit Bitcoiners writing about the monetary system all day long. ... That's today's little money lesson. Peace, J ... /broken-money/ -- and Aaron van Wirdum's The Genesis Book and more.) ... They printed crazy amounts of money, alright, but NOT BY THAT MAGNITUDE. ... The Fed did NOT expand the money supply by hundreds of percent during 'rona.
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I owe you guys another MONEY CLASS, since I short-changed you earlier this week, but since it's Sunday ... Hold the appreciating money: https://stacker.news/items/738907 On my daily walks to Spanish class, I ... The spheres of the real economy and the monetary economic clashed, with the money itself causing a drag ... peso numbers) by holding SEK and NOK in foreign banks and only withdraw pesos from local ATMs on the day ... years later in his many podcasts, say that every Argentinian he met told him they had two jobs: their day
That's today's little money lesson. ... Look, I’m a money guy—I have no knowledge of law and can’t speak to the legal options for Trump to somehow ... having a budget from Congress (Fed finances itself from seigniorage, a fancy word for the profits from money ... economy/central-banking/trump-allies-federal-reserve-independence-54423c2f : https://www.britannica.com/money
Monetarists -- the traditional and dominant view of money in economics departments -- think of money ... If there is more money in the system than people desire to hold, people dispose of their money balances ... money balance that consumers wish to hold. ... Today's little money lesson. Peace, /J ... v=d7ID3fKAFQM) For fiat, money is much more leaky.
and investments and all the other financial things we do every day. ... Hence “money blindness” or “money illusion.” ... The Resistance Money guys (https://aier.org/article/bitcoin-is-resistance-money/) had this observation ... off – even though, to the great disbelief and confusion of both my mother (https://aier.org/article/money-blindness-and-money-clarity ... Goods trade for goods, only with money as a temporary bridge.
at the end of the month (year, really), but have to pay for meat and eggs and, like, firewood every day ... I do not doubt that you can make some money on Bitcoin this year. ... I wouldn’t even be surprised if there was money to be made longer than that.” ... Tallies Solved a Liquidity Problem for Premodern Governments Christine Desan, Making Money (2014) ... between a creditor and a debtor, they were also used as a form of money, the same way as coins, to pay
poor Gresham did – while negotiating the Crown’s foreign debts in Antwerp, the financial center of the day ... “Bad Money Drives Out Good Money” There are some hills we’re willing to die on; this is one of mine: ... But that is what money is! ... Bad money doesn’t drive out good money any more than bad cars drive(!) out good cars. ... over pristine bitcoin money.
As we’re all watching price these last few days (we're allsuckers…?) ... CLASS piece: https://stacker.news/items/747181), and dollar was held at $35 to an ounce of gold. ... U.S. simultaneously had to supply more and less dollars to the world—), the major countries of the day ... whimper on March 14, 1968, when commodity money was effectively dead.” ... Thus, thousands of years of human history, wrote Scott Sumner in his The Money Illusion "ended with a
Money printing go brrr.... ... Anyway, nice little tidbit from the history of money. That's today's little money lesson. Peace, J ... At around noon of that fateful day, the Bank raised its interest rate by 200 basis points, but the avalanche ... Think money market funds, the USDC or GeminiUSD stablecoins, or the many successful currency boards around ... A peg under threat forces the pegging institution to put its money where its mouth is, actively upholding
That's today's little money lesson. Peace, J ... One trope – especially among goldbugs, Bitcoiners and other hard-money types – is that the Federal Reserve ... dividends: EXPLICITLY to account for, and send back to the private sector, the seigniorage that befalls a money-issuing
That's today's little money class. ... When a central bank prints money and buys assets (which is the way that QE took place and new money entered ... accounting tricks to cover it up by, for instance, recording decades (or centuries') worth of future money
from money illusion and money blindness (https://aier.org/article/money-blindness-and-money-clarity/) ... everyone to become a part-time money manager. ... "Should we just go travel and blow all the money?" ... It's the right thing to do in a world of sound money. ... Right off the bat, the problem with financial (il)literacy is that a dysfunctional money system forces
In my MONEY CLASS a few weeks back, I ventured into the question of the “nominal and the real.” ... It’s a chicken-and-egg problem, where the division of labor requires money to extend itself and money ... That's today's little money lesson. ... So, says Lewis discussing this topic, “if we strive for money, it is because money offers us the widest ... —the cooperative the world of money really is.
That's today's little money lesson. ... it's cheap and "efficient" and doesn't have non-monetary demand that can interfere with its role as money ... surprising exogenous changes,” as monetary economist Larry White wrote in his excellent book Better Money ... Peace, J : https://www.cambridge.org/core/books/better-money/8B6D08E245653C381C9D3222028804AF : https ... long and short run, most economists — including Larry White — ultimately favor gold as the world's money
Interrupting the ordinary MONEY CLASS programming on ~econ (https://stacker.news/items/733580, https: ... Day progresses, and I get some reading done and prepare the day's work. ... It's our last day before I'm going on a five-day trip. It was, of course, too good to be true. ... I can think of a hundred better ways to spend 100,000 sats in gas and an entire day. ... I call a friend from home who, luckily had his day off and wasn't doing anything so he could go over
I've enjoyed writing MONEY CLASS posts over the last month (starting with https://stacker.news/items/ ... Would much rather read and write about money all day than what the fiat clownsters have me do. ... I count 13 over the last 32 days for a nice average of two-and-a-half posts a week. ... here's my post for y'alls today: get me your best time-management tricks: how do you get through your days
way to coordinate distributed knowledge about the future -- and have people put actual, real-world money
CLASS (https://stacker.news/items/758714/r/denlillaapan) WHO CONTROLS THE FED? ... *(available non-paywalled here: https://newsletterhunt.com/emails/117441), broadly relevant to this MONEY
Channeled money to insiders.
monetary mismanagement by central banks, extreme fiscal excesses, censorship/debanking efforts, and money ... consumers’ worries, dismissing a system of non-discretionary monetary policy and uncensorable, fixed-supply money
Apparently a million new users in a few days.