We need to restore accountability to the economic order.

A recap from today's Swan Signal with @coryklippsten & @Breedlove22 👇

cc @SwanBitcoin
Inflation is a form of counterfeiting that has been exacerbated by the redemption certificates (ie fiat)

Fiat currency is a political tool that facilitates the institutionalization of time-theft, perpetrated by central banks around the world.
In creating Bitcoin, Satoshi gave people the ability to opt out of unethical money production that has plagued society for decades.

And in doing so, provided the first check in a growing toolkit towards the path of sovereign individuality. https://medium.com/@danhedl/planting-bitcoin-56bd1459cb23
Money is tied to time.

Therefore those with the ability to print it limit society's ability to reach its full capitalistic potential. In a way, they're salve masters — always giving in to temptation for personal gain. https://medium.com/@breedlove22/masters-and-slaves-of-money-255ecc93404f
Hard money allows ideas to be settled for good based on a shared recognition not shared belief.

The very existence of Bitcoin allows us to market test the philosophical battle between Austrian & Keynesian schools of thought.
Money is the foundation of society.

If it is shaky and therefore able to be debased then this leads to ripple effects and a nonoptimal society.
The Fed has increased the monetary supply 12x in order to keep the USD around for longer than good.

Collapse is not something that is going to happen overnight. But rather it occurs gradually then suddenly.
The economy is fragilized by the shortcomings of fiat currency.

Rather than save for a rainy day (that inevitably comes), central banks choose to manipulate the monetary supply — thus bringing to light the shortcomings of the large government model.
We need to humble ourselves and realize we cannot manage complex systems. The unexpected will happen and we must position ourselves to benefit from volatility by minimizing loss.

Always manage the downside first. By pushing things off we only exacerbate the future volatility.
Nothing new enters the system when CBs create dollars out of thin air.

It only contributes to wealth inequality between those who own assets and those less fortunate not to. Every tool is a weapon if you hold it right. https://twitter.com/rsarrow/status/1288636346844807168?s=20
We have come a long way when it comes to technology but not so much when it comes to culture & family.

Even great minds like @EricRWeinstein & @peterthiel could not figure out the reasons for this. Could it have to do with 1971? Only time will tell. https://open.spotify.com/episode/732wSQDBZnIqZ0J63nYFsk?si=FoSUHtl3RzCMP54NgUN5BQ
You can follow @rsarrow.
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