2024-05-28T02:26:12+02:00 https://nostr.ae rebeleconprof https://nostr.ae/npub18wgtxzhx75qd2aq3gn35mcv5m8zx7z6xdsf6a95asltys70deekqqjr2wn https://nostr.build/i/12f3f03892c96d66b39de6a77e9a460f576df23485475998e863507416242237.jpg https://nostr.build/i/12f3f03892c96d66b39de6a77e9a460f576df23485475998e863507416242237.jpg https://nostr.ae/nevent1qqsxhqpjdx5lnssldw0fj7z5fstm8u349ark3xnhrv2fcsz8qmyhwmqzyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xc08ryys “You see that? It’s a plan to have Fannie and Freddie buy $200 billion in mortgage securities. If you did that, it would be called QE, but we’re going to do it. You can’t do it. You won’t do it. We’re going to do it. Believe me. We’re going to do it.”<br/> <img src="https://blossom.primal.net/e4364ef3aecefdd288cc54cd9f0ad68fa8ab065400ad492d1eaa32c3e14bc312.jpg"> 2026-01-13T15:44:48+01:00 https://nostr.ae/nevent1qqsq56xdxs0m72eszsxyplyd3e4q5qpfssxywumg2gawtf2ss64ka3qzyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xc74sy0x Full Transcript <a href="https://www.mercatus.org/macro-musings/will-luther-and-josh-hendrickson-future-bitcoin">https://www.mercatus.org/macro-musings/will-luther-and-josh-hendrickson-future-bitcoin</a> 2025-08-13T01:03:32+02:00 https://nostr.ae/nevent1qqsz75rvaqlryfud7xzj0fq4t8h2g5v9wvzgad7tfqgv2efz6pjcycgzyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xcxealy3 Will Luther and I discuss bitcoin on Macro Musings. <a href="https://open.spotify.com/episode/3ODOGYA8hokbdbheuSR4j5?si=hldl5_TTRQihCl_WUfZShw">https://open.spotify.com/episode/3ODOGYA8hokbdbheuSR4j5?si=hldl5_TTRQihCl_WUfZShw</a> 2025-08-13T01:01:52+02:00 https://nostr.ae/nevent1qqst4lqmc2gt06ccplhfgxazjgv332pjw3eus0y2ysl0phjl4tuz4lszyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xcqdw9yk On Paper Bitcoin Summer. <a href="https://www.economicforces.xyz/p/paper-bitcoin-summer">https://www.economicforces.xyz/p/paper-bitcoin-summer</a> 2025-07-31T16:55:28+02:00 https://nostr.ae/nevent1qqsq998yv2eq5hkzcaww94q4wekxxxgq2fmcezwt5n9gx45esr9cgxgzyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xc64w45z “They’re calling it Paper Bitcoin Summer. You wouldn’t believe it.”<br/> <img src="https://blossom.primal.net/e4364ef3aecefdd288cc54cd9f0ad68fa8ab065400ad492d1eaa32c3e14bc312.jpg"> 2025-07-25T18:33:03+02:00 https://nostr.ae/nevent1qqs8jgvurd7hfwhx20x4lq46j8gr46nf2q5w5eqdrxl4np4qgp8eqvgzyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xcv5jszr Stablecoins and financial repression. <a href="https://t.co/b43HJR4fwc">https://t.co/b43HJR4fwc</a> 2025-07-25T03:59:25+02:00 https://nostr.ae/nevent1qqsz8zy77n9m7933ujg0lt929yk52mxha7are558a7633ckx8fle4wszyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xcmlvxrr The Fed-Treasury Accord looks like it’s about to end. <br/> <img src="https://blossom.primal.net/87f25def630ab11a667474f3b497a7926e10f083cb7e6e70df746d2abfcd9f44.jpg"> 2025-07-18T03:20:28+02:00 https://nostr.ae/nevent1qqs05u5sj5w7lgt37gmea48ng40x6yzkpnl4y9uua9yswpmlnw29nlgzyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xcynuc3f Is Dollar Dominance Good for the U.S.? <a href="https://www.economicforces.xyz/p/is-dollar-dominance-good-for-the">https://www.economicforces.xyz/p/is-dollar-dominance-good-for-the</a> 2025-07-15T21:00:37+02:00 https://nostr.ae/nevent1qqsfaklz0zya2kc9yv84jud7lj8x4fdw8lawndap6svm3cdz584j95gzyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xczn4gkz Should we worry about global imbalances? <a href="https://www.economicforces.xyz/p/should-we-worry-about-global-imbalances">https://www.economicforces.xyz/p/should-we-worry-about-global-imbalances</a> 2025-07-15T20:59:57+02:00 https://nostr.ae/nevent1qqsy65msfu7eh4zryvg28e3mfyqgmnr9e9mw072gtygg5w620mkhdngzyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xcwqnfd6 Are We Headed for Financial Repression? <a href="https://www.economicforces.xyz/p/are-we-headed-for-financial-repression">https://www.economicforces.xyz/p/are-we-headed-for-financial-repression</a> 2025-07-15T20:59:13+02:00 https://nostr.ae/nevent1qqs97lv0ahhd732n8t9rtu5dhw57cn2e9ncp7qjcghdndz8f8nlullszyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xcd0v5gr The Continental Dollar: Fiat money or credit money? <a href="https://www.economicforces.xyz/p/was-the-continental-dollar-a-story">https://www.economicforces.xyz/p/was-the-continental-dollar-a-story</a> 2025-07-15T20:58:27+02:00 https://nostr.ae/nevent1qqsvge200hff58g8u4pc0k6dj0czvyqlke9zgu76wfemnpp8fq2x82qzyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xc5hlruv <br/> <img src="https://blossom.primal.net/95a66592e45fd1b714c12d2998b40f027ba7d461310c5212f8ec6a2aadd45188.jpg"> 2025-07-01T13:53:09+02:00 https://nostr.ae/nevent1qqsv9l2qw2u4hafndj3wp0rjzppwpvgll73syllg258svtuj94y6szczyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xctftj0f 👀<br/>nevent1qqstuth8w8a2fe97y3acldsaqw25x739u0lrxj3uppwfj5umyv8llkcpupmhxue69uhhyetvv9ujuerpd46hxtnfduhj2v3swaehxw309aex2mrp0yhxumm5daeks6fwwa5kute9xgc8wumn8ghj7mn0wvhxcmmv9ujnyvrhwden5te0wfjkccte9eekjctdwd68ytnrdakj7ffjxpmhxue69uhhyetvv9ujuvrcvd5xzapwvdhk6te9xgc8wumn8ghj7mnxwfjkccte9eshqup0y5erqamnwvaz7tmjv4kxz7tjwvhxumm5daeks6fwwa5kute9xgc8wumn8ghj7un9d3shjtnwv4u8getj0ghxxmmd9ujnyvrhwden5te0vejkuunfwgkhxtnwda6x7umgdyh8w6twchnf2x 2025-05-16T23:28:03+02:00 https://nostr.ae/nevent1qqsznxgfx4n4sc0rsq3ggq4dzw8ae9ht47duegxjf6g73mgwl0qmt9qzyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xcc0hhvz Is Dollar Dominance Good for the U.S.? <a href="https://www.economicforces.xyz/p/is-dollar-dominance-good-for-the">https://www.economicforces.xyz/p/is-dollar-dominance-good-for-the</a> 2025-05-05T16:42:10+02:00 https://nostr.ae/nevent1qqsxje5c2utu5480tpegjqp4ack8jqaxpw6eaje6fdddksrwu9c2cjqzyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xchms2sq 👀<br/> <img src="https://m.primal.net/QjfE.png"> 2025-05-01T18:33:14+02:00 https://nostr.ae/nevent1qqs270scngfudvevaznrfp0p4c09mytgvgp4els0crv3jlp8emkcu3czyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xcqzswla Satoshi Papers event next week at UATX. <a href="https://bitcoinmagazine.com/press-releases/the-university-of-austin-uatx-partners-with-the-texas-bitcoin-foundation-bitcoin-policy-institute-unchained-and-strive-to-host-the-satoshi-papers-symposium">https://bitcoinmagazine.com/press-releases/the-university-of-austin-uatx-partners-with-the-texas-bitcoin-foundation-bitcoin-policy-institute-unchained-and-strive-to-host-the-satoshi-papers-symposium</a> 2025-04-11T14:41:27+02:00 https://nostr.ae/nevent1qqsz537gtd83tylv74m0hruensypf05v38f0y7umwxzr3qmg5gsh29czyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xcfj0vh3 <a href="https://x.com/pahueg/status/1902769224444936389">https://x.com/pahueg/status/1902769224444936389</a> 2025-03-24T13:28:14+01:00 https://nostr.ae/nevent1qqs2uzzlq8vyfz97ylr6fx359p6qdyd4rjl7s4fc8u9l3rlnp4cgt6szyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xcuf0hqq Less Noise. More Signal. <br/><br/><a href="https://youtu.be/Sf-EsP4O2NE">https://youtu.be/Sf-EsP4O2NE</a> 2025-03-20T18:27:20+01:00 https://nostr.ae/nevent1qqsrp4r4l36frzd9k2kmdc8tks2d9n7ljtepc4cme0ed9m4a7jygkhszyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xcmcng8e <a href="https://youtu.be/YruuCoFfL-k">https://youtu.be/YruuCoFfL-k</a> 2025-03-06T16:26:20+01:00 https://nostr.ae/nevent1qqsts5qhttdqthm6j5mp9yy09a39sc6usanuzlraea5srmzvxavkc7gzyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xcfhthcp <a href="https://youtu.be/zaxmMKn21NE">https://youtu.be/zaxmMKn21NE</a> 2025-02-07T17:44:30+01:00 https://nostr.ae/nevent1qqs8u2yvuljhvwtl07884wfz4such53k8m3lgmnlu5065r0623sgs4qzyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xcz7wmqz Inflation is Bad, Actually<br/><br/><a href="https://open.substack.com/pub/pricetheory/p/inflation-is-bad-actually">https://open.substack.com/pub/pricetheory/p/inflation-is-bad-actually</a> 2025-01-30T12:59:30+01:00 https://nostr.ae/nevent1qqs2xqe6jzhjs3wmlnpffcxu0d09dz73pl8dykmpspcs7w930akgjsqzyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xcw9kaen The Bitcoin Policy Institute’s 2024 year in review. <a href="https://www.btcpolicy.org/articles/2024-year-in-review">https://www.btcpolicy.org/articles/2024-year-in-review</a> 2024-12-20T21:31:02+01:00 https://nostr.ae/nevent1qqsgtprr98ndeqsucq2savlqrjuchexfcvygjxn769t3wk2gmek2t0gzyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xcmgj5w8 Me, writing about the importance of the difficulty adjustment. <a href="https://www.btcpolicy.org/articles/bitcoin-and-the-genius-of-the-difficulty-adjustment">https://www.btcpolicy.org/articles/bitcoin-and-the-genius-of-the-difficulty-adjustment</a> 2024-12-20T20:28:29+01:00 https://nostr.ae/nevent1qqsgfmdul2xgh6zecfh6mjnusskh5t0jpjntnjp9w4gklpmhkld728szyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xcf6mpq2 Enjoyed this discussion in Dallas. <br/> <img src="https://m.primal.net/MoVy.jpg"> 2024-12-05T18:23:43+01:00 https://nostr.ae/nevent1qqsgaghqpnvsnx9ev3a78200wqmw3dqa6m3sxzqa6yun8ccttvmpq0qzyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xceav48m On Tuesday one of my students in my Bitcoin class was like “when we started this class bitcoin was only around $50,000 and now it’s almost $100,000.” I replied, “yes, it’s causal” 2024-12-05T16:29:32+01:00 https://nostr.ae/nevent1qqsyafh7ct9r2kflm5pusvxuylhgmdkfxcg9sznxess3qs8y99geumgzyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xck39wxc From me, two years ago. <a href="https://x.com/rebeleconprof/status/1594837019464962055?s=46&amp;t=ff1uw94NeHBuMq0gCR-ICA">https://x.com/rebeleconprof/status/1594837019464962055?s=46&amp;t=ff1uw94NeHBuMq0gCR-ICA</a> 2024-11-23T23:54:33+01:00 https://nostr.ae/nevent1qqsg39nl8j7t33tusq6ejvpxxj3h8slr3ftwg497dh8x0szd5n57ezszyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xcr02gs9 More Inflation Stories Don’t Add Up <a href="https://www.economicforces.xyz/p/most-inflation-stories-dont-add-up">https://www.economicforces.xyz/p/most-inflation-stories-dont-add-up</a> 2024-11-23T23:53:34+01:00 https://nostr.ae/nevent1qqszd3f4gn7l8dm99wp5n03aqymd8j6uxvqxmrgde0t9vhgc49r6glgzyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xcw9epqd <img src="https://m.primal.net/MeEV.jpg"> 2024-11-22T14:14:29+01:00 https://nostr.ae/nevent1qqs96u5a562ae7szunw6xawjw5jyzfe00l0p6ll7g6vek4gu4xrc88szyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xcqddphn <a href="https://x.com/btcpolicyorg/status/1857541855526736094">https://x.com/btcpolicyorg/status/1857541855526736094</a> 2024-11-16T01:00:39+01:00 https://nostr.ae/nevent1qqsfdv637nt7pnqx7gc605mw8kakerkmu0l2pj7ffcp4pgghsml8f8czyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xc0wpcx3 In reply to <a href='/nevent1qqsdas25vjyr8da3lmftq8d265h07lz2p7pm8d6gl4mq2ngw3x87sss99tlsu'>nevent1q…tlsu</a><br/>_________________________<br/><br/>Don’t say I didn’t warn you about the coping and the seething. <br/> <img src="https://m.primal.net/MCZD.jpg"> 2024-11-14T01:57:07+01:00 https://nostr.ae/nevent1qqsxs93fcge8uzmeycg87hvpzp6gw06uulc34uxr6jfc6jv43ay2kuczyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xc3er6n9 Listen to me, Matt Pines, and Matthew Ferranti talk about a Strategic Bitcoin Reserve. <a href="https://www.youtube.com/watch?v=VSe269Kw3dA">https://www.youtube.com/watch?v=VSe269Kw3dA</a><br/> <img src="https://m.primal.net/MCCU.jpg"> 2024-11-13T16:57:14+01:00 https://nostr.ae/nevent1qqsdas25vjyr8da3lmftq8d265h07lz2p7pm8d6gl4mq2ngw3x87ssszyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xcmjyvvr We are about to witness unprecedented levels of coping and seething. 2024-11-10T15:41:30+01:00 https://nostr.ae/nevent1qqspxgmcrns7heaz59krfftg4rhf0994znvkn0zvh3acdynj7vtkx9gzyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xcvet8fy Happy to have contributed to BPI’s Policy Brief on a Strategic Bitcoin Reserve for the U.S. You can read it here: <a href="https://cdn.prod.website-files.com/627aa615676bdd562bec97cd/6728fc69a46dd5394bf3e73d_BPI%20Policy%20Brief%20Digital%20Gold.pdf">https://cdn.prod.website-files.com/627aa615676bdd562bec97cd/6728fc69a46dd5394bf3e73d_BPI%20Policy%20Brief%20Digital%20Gold.pdf</a> 2024-11-09T17:52:07+01:00 https://nostr.ae/nevent1qqswfk59ukk7chm4q9y7hsg4md8h5ythemyt5xjg4a6cvc2yt0824uqzyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xcquvwk5 <a href="https://x.com/btcpolicyorg/status/1839736559991410833?s=12">https://x.com/btcpolicyorg/status/1839736559991410833?s=12</a> 2024-09-28T12:45:34+02:00 https://nostr.ae/nevent1qqs27vtr0r9ma2ghc2wxdh2crglktym9nvv9l4m2r4g6tnkxvurh0yqzyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xc4a7e4p In reply to <a href='/nevent1qqs2lanv3rkx8xzz9pans0qc5uveltalggzfhwxgtzd4mw4ew0dzdtqpz3mhxue69uhhyetvv9ujuerpd46hxtnfdu69dzlt'>nevent1q…dzlt</a><br/>_________________________<br/><br/>Hey <span itemprop="mentions" itemscope itemtype="https://schema.org/Person"><a itemprop="url" href="/npub1dergggklka99wwrs92yz8wdjs952h2ux2ha2ed598ngwu9w7a6fsh9xzpc" class="bg-lavender dark:prose:text-neutral-50 dark:text-neutral-50 dark:bg-garnet px-1"><span>Gigi</span> (<span class="italic">npub1der…xzpc</span>)</a></span> , my students will be reading “Bitcoin is Time” 2024-08-30T04:14:29+02:00 https://nostr.ae/nevent1qqs2lanv3rkx8xzz9pans0qc5uveltalggzfhwxgtzd4mw4ew0dzdtqzyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xcxr6hyy <a href="https://open.substack.com/pub/pricetheory/p/im-teaching-a-course-on-bitcoin-why">https://open.substack.com/pub/pricetheory/p/im-teaching-a-course-on-bitcoin-why</a> 2024-08-29T13:00:05+02:00 https://nostr.ae/nevent1qqs9pc8ydskzjq4grwer3x8wskkzttdqdr0z2nhgt3p0u8tkua3jzdczyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xcnw9z9l Some thoughts on a Bitcoin strategic reserve. I provide the economic rationale for doing this, but also discuss some of the potential costly pitfalls from doing so. <a href="https://t.co/GS3IrtosBU">https://t.co/GS3IrtosBU</a> 2024-08-01T23:14:11+02:00 https://nostr.ae/nevent1qqsv9z5t3jknm465hzavelf2jfvu6fyew7pj0mlhxc507czfaxg3z7qzyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xclr5phv Have you heard of this thing? Bitcoin? Everywhere I go people are talking about it. It’s really something. Some guy created it. Satoshi. Whoever that is. Nobody knows. Really. Nobody knows. Frankly, it’s a little surprising that nobody knows. I mean someone knows. We don’t know. But we really like the coin. It’s a terrific coin. We’ve talked to coin people and they said it’s probably the best coin. Some people have said I might be Satoshi. Can you believe it?<br/><br/><a href="https://x.com/bitcoinmagazine/status/1811181306438660375">https://x.com/bitcoinmagazine/status/1811181306438660375</a> 2024-07-11T02:35:39+02:00 https://nostr.ae/nevent1qqsz86ln73p597c4znj9ffpjepmzkezp0vtgmljzf30gy4yldn362eszyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xchysm3s The Satoshi Papers, Forthcoming (and featuring me). <a href="https://t.co/RqrdvTRaAv">https://t.co/RqrdvTRaAv</a> 2024-07-10T18:22:25+02:00 https://nostr.ae/nevent1qqswylv8pdaae782aztwxmwhufugwag62gzkxdtcl98swf0l4mpv5dszyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xc6x2ru5 Some thoughts on A.I., its potential to make us all rich, and its existential risks. <a href="https://open.substack.com/pub/pricetheory/p/is-ai-going-to-make-us-rich-or-kill">https://open.substack.com/pub/pricetheory/p/is-ai-going-to-make-us-rich-or-kill</a> 2024-06-27T17:09:54+02:00 https://nostr.ae/nevent1qqs2udfee383shnyzlz7sgwl4gapnz0ada7c7t4l92dr7us75uzcutczyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xcyfk3zm <img src="https://m.primal.net/IrAm.jpg"> 2024-06-20T02:28:58+02:00 https://nostr.ae/nevent1qqs0jjrxxmy7n05nrpgsw0d7p5g9zsq02ap2evsx6jhsfr63fr4v6xszyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xcaq0ql3 <img src="https://m.primal.net/IrAB.jpg"> 2024-06-20T02:13:15+02:00 https://nostr.ae/nevent1qqsg2mku62rnq6zdm02jwkxe7dn4qyle58g9455rw2zk67zezzxz9sqzyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xcgjg5jx I got rug pulled on the release date, but you can order your copy and get it at the same time as me. <span itemprop="mentions" itemscope itemtype="https://schema.org/Person"><a itemprop="url" href="/npub1yezu4atsdgchvlyjz5efwks8n7ze2rssq674qe04m5pp8e5y32tqfdawc7" class="bg-lavender dark:prose:text-neutral-50 dark:text-neutral-50 dark:bg-garnet px-1"><span>resistancemoney</span> (<span class="italic">npub1yez…awc7</span>)</a></span> <span itemprop="mentions" itemscope itemtype="https://schema.org/Person"><a itemprop="url" href="/npub10afr060h0g3vf2ykynr6cvw2u7ta3tzpgjczfyufp420aeeen0xszf0xj0" class="bg-lavender dark:prose:text-neutral-50 dark:text-neutral-50 dark:bg-garnet px-1"><span>craig</span> (<span class="italic">npub10af…0xj0</span>)</a></span> <span itemprop="mentions" itemscope itemtype="https://schema.org/Person"><a itemprop="url" href="/npub1jddnc9ma408dey575wcsqhg5jtc2n7765y4gdnnrswlwgqnnat7swe4s60" class="bg-lavender dark:prose:text-neutral-50 dark:text-neutral-50 dark:bg-garnet px-1"><span>brad</span> (<span class="italic">npub1jdd…4s60</span>)</a></span> <br/> <img src="https://m.primal.net/IkXO.jpg"> 2024-06-14T15:14:59+02:00 https://nostr.ae/nevent1qqsyat77uzhndakf22frwuxzl5m2gkzfql765jdp5l84p4acp9u0y8szyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xclp9p2c As I said… <a href="https://www.wsj.com/articles/stablecoins-could-stave-off-a-us-debt-crisis-china-digital-currency-c491d717?mod=opinion_lead_pos5">https://www.wsj.com/articles/stablecoins-could-stave-off-a-us-debt-crisis-china-digital-currency-c491d717?mod=opinion_lead_pos5</a><br/><blockquote class="border-l-05rem border-l-strongpink border-solid"><div class="-ml-4 bg-gradient-to-r from-gray-100 dark:from-zinc-800 to-transparent mr-0 mt-0 mb-4 pl-4 pr-2 py-2">quoting <br/><span itemprop="mentions" itemscope itemtype="https://schema.org/Article"><a itemprop="url" href="/note1s0njeyy6hdtpjc9wqx7n3yr4snqr8l6j2cg56y54hg484884zhzqtv8r52" class="bg-lavender dark:prose:text-neutral-50 dark:text-neutral-50 dark:bg-garnet px-1">note1s0n…8r52</a></span> </div> Stablecoins and Government Debt <a href="https://t.co/kbMHWVtavv">https://t.co/kbMHWVtavv</a> </blockquote> 2024-06-13T20:37:38+02:00 https://nostr.ae/nevent1qqszfe4tgvgc8p24m7304exrx2c9d3egnahx5tv9xst0kcevk2m0cvczyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xcnd67gu In reply to <a href='/nevent1qqsg8eevjzdtk4sevzhqr0fcjp6cfspnlaf9vy2dz22m52n6nn63t3qpz3mhxue69uhhyetvv9ujuerpd46hxtnfdumr2h9u'>nevent1q…2h9u</a><br/>_________________________<br/><br/><a href="https://www.wsj.com/articles/stablecoins-could-stave-off-a-us-debt-crisis-china-digital-currency-c491d717">https://www.wsj.com/articles/stablecoins-could-stave-off-a-us-debt-crisis-china-digital-currency-c491d717</a> 2024-06-13T20:36:26+02:00 https://nostr.ae/nevent1qqszpwle6p6q6e8kylhkzgkuxsqmusywyynvz77wn80c852xwzrnjugzyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xcckapt8 Don&#39;t call it a sign of the times when it&#39;s always been this way<br/>Forked tongues and voices behind curtains with no name<br/>Well they plot their wicked schemes setting fate for all mankind<br/>With evil that can fill God&#39;s pretty skies with clouds that burn and blind 2024-06-11T20:13:20+02:00 https://nostr.ae/nevent1qqsv397xf5e85ld9ztu07kj5xeqdpq5zxtc50j2n4s303xxhdw96ltqzyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xcmj060p Logging in to Nostr<br/> <img src="https://m.primal.net/IWjl.jpg"> 2024-06-03T03:39:48+02:00 https://nostr.ae/nevent1qqstqf3xqana9ns47cyhrks6p4lrkkrxqmy3wt0krjfc4vh9r9lqupqzyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xcee65dt Look at this figure and ask yourself which of these expenses will be easiest to cut.<br/> <img src="https://m.primal.net/IQJZ.jpg"> 2024-05-28T14:50:17+02:00 https://nostr.ae/nevent1qqsd6xgsn28ut5aazu8ehr2nkl6zgnvaad5hvatw5a27wm49yylwejszyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xcd40mj6 In reply to <a href='/nevent1qqs8tyfhdate0p2t8qfpq9wfjf79esapcyqqafnaf23gzxznhyzefucpp4mhxue69uhkummn9ekx7mqq9nyrv'>nevent1q…nyrv</a><br/>_________________________<br/><br/>Thanks. I think (at least initially) what we’re going to see are the big finance companies that already operate money market mutual funds essentially do the same thing with stablecoins. Competition will likely push them to pay interest on these stablecoins (in terms of the stablecoin itself). However, doing so would make them securities. 2024-05-27T23:52:25+02:00 https://nostr.ae/nevent1qqspmduaah4tfus0fnlenv4m9tgj37vj0m00dzq5usv5gshxtjcsn4szyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xc6xav0n If Things Are So Great, Why Don’t People Think So? <a href="https://t.co/FAI9Clfprk">https://t.co/FAI9Clfprk</a> 2024-05-25T06:12:02+02:00 https://nostr.ae/nevent1qqs9zs4hypqqc5y68sq4qhlagmhh47wdd7y2f532gdld94c5n49gt7czyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xc0xfd49 Me, on the Macro Musings podcast. <a href="https://www.mercatus.org/macro-musings/josh-hendrickson-treasury-standard-and-global-dollar-dominance">https://www.mercatus.org/macro-musings/josh-hendrickson-treasury-standard-and-global-dollar-dominance</a> 2024-05-25T06:09:45+02:00 https://nostr.ae/nevent1qqsq5jwg8mzrf68054g423dffgenkwz9d4fkl8wjx8lmqgat830xrhczyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xcl3l4dw <a href="https://t.co/pGETbhirTo">https://t.co/pGETbhirTo</a> 2024-05-25T06:08:42+02:00 https://nostr.ae/nevent1qqsg098p47pyp2ygmh62gekj47x0jy7rpc9qrv43pyswd3wdfchsp5qzyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xcvf7gtm From “The Genesis Book”<br/> <img src="https://m.primal.net/IMFV.jpg"> 2024-05-25T06:07:17+02:00 https://nostr.ae/nevent1qqsz7vpzpz0k0wke9fcxudyh9nnp5hlm5mzad3xvjhqq596xhjqf5pqzyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xch3jmdw Still the greatest quote in the history of quotes. <br/> <img src="https://m.primal.net/IMFS.jpg"> 2024-05-25T06:05:20+02:00 https://nostr.ae/nevent1qqsdmqrwvau43seldattvkpkmka5hn0u8wlp20u85qvm20fnf53kxqczyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xcuzyrq3 A brief summary of my paper, “The Treasury Standard” <a href="https://open.substack.com/pub/pricetheory/p/the-treasury-standard">https://open.substack.com/pub/pricetheory/p/the-treasury-standard</a> 2024-05-25T06:03:55+02:00 https://nostr.ae/nevent1qqsg8eevjzdtk4sevzhqr0fcjp6cfspnlaf9vy2dz22m52n6nn63t3qzyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xcz4t3dg Stablecoins and Government Debt <a href="https://t.co/kbMHWVtavv">https://t.co/kbMHWVtavv</a> 2024-05-25T05:11:06+02:00 https://nostr.ae/nevent1qqsr52223y3jt46xcs7r7d6gw7lgvl5q7l322d24tx4ffp32th02cjszyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xcrpehae In reply to <a href='/nevent1qqs85tpk5p559puug7p6vak6xmwcsa93wrhxh54v97f2ugtmzzneccggj3rug'>nevent1q…3rug</a><br/>_________________________<br/><br/>Thanks! 2024-04-14T14:27:30+02:00 https://nostr.ae/nevent1qqszn6qra0wvnua4cycmwzzrlhnqluhmjsg6qcj2e7jppzur4mhhrrszyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xcs76v9u My keynote from the Bitcoin Policy Summit. <a href="https://youtu.be/0z4iGRR5yeI">https://youtu.be/0z4iGRR5yeI</a> 2024-04-14T12:45:15+02:00 https://nostr.ae/nevent1qqsxlfn5zv98lwustcr9lr2dhg8geatk6yqrddc2gjna55me8y6q27qzyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xcgmnve2 <img src="https://image.nostr.build/cd08e6c590eb616407e6df32c0ab7a8185f3f60badd3776bf1c02778f98603ec.jpg"> 2024-04-07T02:51:01+02:00 https://nostr.ae/nevent1qqsrva66nucnk38ptuyu65zaq585v99przmhc4r0d3kyr4qdjqpsjpszyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xct2rusj At long last, the draft is here. &#34;The Treasury Standard: Causes and Consequences&#34; <a href="https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4759755">https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4759755</a> 2024-03-18T13:07:30+01:00 https://nostr.ae/nevent1qqstmllede2ztu4awa5su0yvk7jrvchkkly2qjyw6xnart80tu0455czyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xc36cccs Prepare thyself. <img src="https://image.nostr.build/9d6aca78feb825b79c8abf624983dade77a97d47077c38c12e583b1b4ec32fdc.jpg"> <img src="https://image.nostr.build/17740070da17862d8a533cb501cd5c0cec56808fc135e2f68a1260fbfc82e5db.jpg"> 2024-02-15T18:06:15+01:00 https://nostr.ae/nevent1qqs893490pzf9x2jat76dullvxq7du7mce3uy725q54rtq73lv5z7wgzyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xc7avqm9 Okay, so there was this economist named Ronald Coase and he wrote this paper on durable assets. One implication you could draw from the paper is that if you issued your own money, it probably wouldn’t work unless you promised to buy it back for a fixed quantity of something of value or if you promised to limit the quantity of the money. But promises require trust and people probably wouldn’t just trust the issuer of money to do the right thing and not print too much. But there’s this thing called Bitcoin and it solves that problem. The supply of bitcoin is fixed and no one has an incentive to change that. So it’s like a new solution to this problem. I read about it on Economic Forces. <a href="https://www.economicforces.xyz/p/what-can-coase-teach-us-about-paintings">https://www.economicforces.xyz/p/what-can-coase-teach-us-about-paintings</a> <img src="https://image.nostr.build/60cd7c9530f176b4983544f58103fe184856cd57c7d5822b928715ddf364335a.jpg"> 2024-01-31T04:13:52+01:00 https://nostr.ae/nevent1qqsq6g2vhhsw5hd8fa62y2qk4lgxq40w623ul00j085mqn0zmd94rnszyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xcq2s39c Our Problem is Fragility. <br/><br/><a href="https://t.co/Ket8YUgmdt">https://t.co/Ket8YUgmdt</a> 2024-01-28T03:33:07+01:00 https://nostr.ae/nevent1qqs8ash5x8kjcvtz8wupqs8mvu7t7cphw2kq4an32dqyrn0djx2scxqzyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xc53e8zu In reply to <a href='/nevent1qqs24atv90luhwa76wmlfy96elpf7mc4rkyl6uqrzeksvzzwg6z7c4cel24u5'>nevent1q…24u5</a><br/>_________________________<br/><br/> <img src="https://image.nostr.build/61d3fd4c08f78307f4729958ad2c7993c5da98c577db3580b9b7416559a68375.jpg"> <img src="https://image.nostr.build/b82d46f75f309dfc6f0f2548f709bc482d1a06e10ab23de352f1ab05f2aad198.jpg"> <img src="https://image.nostr.build/d2b8a8e75cfd84d4013718d04c5e5e570434fcf02518494d1d490aebe5c07b0c.jpg"> <img src="https://image.nostr.build/c6aa62304bdccc71b389dafb7a4012edd03fbfd678b472f9d538aa32eca1e4f0.jpg"> 2023-11-14T17:20:22+01:00 https://nostr.ae/nevent1qqs24atv90luhwa76wmlfy96elpf7mc4rkyl6uqrzeksvzzwg6z7c4czyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xctzvdnd In reply to <a href='/nevent1qqsdvlmmswp50el457pqmz4h70nmagfsgsptjxl8ejqr4f5c0nvn0zq6c6seg'>nevent1q…6seg</a><br/>_________________________<br/><br/> <img src="https://image.nostr.build/1a9cdb41fdefa1bac62a0c7eb874eb1f2cd44fca977c1cf4653c16a942002115.jpg"> <img src="https://image.nostr.build/b7f511f298f8e4489862979c7bd4547f277ee5212900bf5cdc3dd01896b01dea.jpg"> <img src="https://image.nostr.build/ea8a6e105df45771b9021ed7163e1817b0386f8ac01cc60ad20db3dd629e2ec9.jpg"> 2023-11-14T17:19:35+01:00 https://nostr.ae/nevent1qqsdvlmmswp50el457pqmz4h70nmagfsgsptjxl8ejqr4f5c0nvn0zqzyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xcuu6faa <img src="https://image.nostr.build/dc21313328a745f0a04485277bc7b96d028efece1102e220ceabe71e044d4858.jpg"> 2023-11-14T17:18:51+01:00 https://nostr.ae/nevent1qqs9acx9s3lngudfgkhpl3vr94jsn22ln7p0jr2m9x34pghg5makmqgzyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xckjdfvz Bold strategy <img src="https://image.nostr.build/ec838f18f084011d39c70393f524db83a3f1ca42e21a2aa4866953838ae2843f.jpg"> 2023-11-02T16:17:21+01:00 https://nostr.ae/nevent1qqspkcvvcqu222t0zacgl22yk3wn0q4vq9mgsx54jp9hnvqvfzhv9agzyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xcx6w3p8 If it’s a crime to depreciate Argentina’s currency, I’m afraid the prosecutor is going to busy for the rest of his life. <img src="https://image.nostr.build/d15170082dcc5e05e8651e3a429bd0e2de26c21e4457d97823045b0857872456.jpg"> 2023-10-17T16:54:47+02:00 https://nostr.ae/nevent1qqsw6yfcsy2fgfzhughn96fuymzfz58w5z8vwuajm5jhvr5p7zc7enqzyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xc3pw48j <a href="https://overcast.fm/+8ctWJkGOg">https://overcast.fm/+8ctWJkGOg</a> 2023-09-20T00:40:16+02:00 https://nostr.ae/nevent1qqsdr3sqqdgec0cgjwr0vth7mx0hsmpcpu5fztgrma7f0667skhwgygzyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xc2xxdmt RonPaul_ItsHappening.gif <a href="https://twitter.com/bitcoinpark_/status/1684513422879211520?s=12">https://twitter.com/bitcoinpark_/status/1684513422879211520?s=12</a> 2023-07-27T21:43:55+02:00 https://nostr.ae/nevent1qqsvrzdeyde34rns89zgryyt99y2f4qrtal2slqc8a7eeeavy2anrsszyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xcn9ashr “We can no longer count on sacrificial resources based on false religions to keep this violence at bay. We are reaching a degree of self-awareness and responsibility that was never attained by those who lived before us.<br/><br/>What is really frightening today is not the challenge of this new meaning, but the Kafkaesque rejection of all meaning. What is frightening is the conjunction of massive technical power and the spiritual surrender of nihilism. A panic-stricken refusal to glance, even furtively, in the only direction where meaning could still be found dominates our intellectual life.”<br/><br/>— René Girard <img src="https://cdn.nostr.build/i/b1c62625e76cfac712003a7f8228ea18d0afe5bb5c8a3a28432b7e1c10937f07.jpg"> 2023-07-25T01:38:39+02:00 https://nostr.ae/nevent1qqsrq4ffyjgtc82ww2tzx84y58yaxu6u2ua6p5hsnzl8xst8sy0gv7szyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xcfwr7ek The blue check is a honey pot. <img src="https://cdn.nostr.build/i/57845266e1ed1b638949888f44ac78dfdac9eed9580d8d6b95fdfa8b97673839.jpg"> 2023-07-21T23:55:53+02:00 https://nostr.ae/nevent1qqsdlt6fj80pprxvdn2han2p9vd4f0gdeykvc40fhetjjhdlr680qsczyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xcnk3c3g “What is really frightening today is not the challenge of this new meaning, but the Kafkaesque rejection of all meaning. What is frightening is the conjunction of massive technical power and the spiritual surrender of nihilism. A panic-stricken refusal to glance, even furtively, in the only direction where meaning could still be found dominates our intellectual life.”<br/><br/>— René Girard, Things Hidden Since the Foundation of the World 2023-07-17T04:40:25+02:00 https://nostr.ae/nevent1qqsgan6a8q6xv7vkkrvef8cra64swlqhqkeszw8949hkfmcsqa7wrvszyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xcgp5nkq “We reduce things to mere Nature in order that we may ‘conquer’ them. We are always conquering Nature, because ‘Nature’ is the name for what we have, to some extent, conquered.” <br/><br/>— C.S. Lewis, The Abolition of Man 2023-07-17T04:25:15+02:00 https://nostr.ae/nevent1qqsgv2knd89hwvuhdcjwn65ryzul6mvs6swt0q8jnz4yypf4ccyp9cszyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xcrjldjd “It was impossible for the Western movement to understand Communism as merely a new version of that eternal reactionism against which it had been fighting for centuries. It had to admit that the Western project which had provided in its way against all earlier forms of evil could not provide against the new form in speech or in deed. For some time it seemed sufficient to say that while the Western movement agrees with Communism regarding the goal—the universal prosperous society of free and equal men and women—it disagrees with it regarding the means: for Communism, the end, the common good of the whole human race, being the most sacred thing, justifies any means; whatever contributes to the achievement of the most sacred end partakes of its sacredness and is therefore itself sacred, whatever hinders the achievement of that end is devilish. The murder of Lumumba was described by a Communist as a reprehensible murder by which he implied that there can be irreprehensible murders, like the murder of Nagy. It came to be seen then that there is not only a difference of degree but of kind between the Western movement and Communism, and this difference was seen to concern morality, the choice of means. In other words, it became clearer than it had been for some time that no bloody or unbloody change of society can eradicate the evil in man: as long as there will be men, there will be malice, envy and hatred, and hence there cannot be a society which does not have to employ coercive restraint. For the same reason it could no longer be denied that Communism will remain, as long as it lasts in fact and not merely in name, the iron rule of a tyrant which is mitigated or aggravated by his fear of palace revolutions. The only restraint in which the West can put some confidence is the tyrant&#39;s fear of the West&#39;s immense military power.”<br/><br/>— Leo Strauss, The City and Man 2023-07-17T04:20:47+02:00 https://nostr.ae/nevent1qqszamfx0agth0phqzy6k79xc3a88u7jgmqv5q6kwzjfjvulvvwda6qzyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xctsv9tp “The fear of losing wealth arouses the same emotions in men as the desire to gain it, since men do not feel secure in what they already have except by acquiring still more. Moreover, these new acquisitions are themselves means of strength and power for abuse; and, worse still, the arrogant behavior and contempt of the nobles and the rich arouses not only the desire for wealth and position among those who have none, but also the hunger to avenge themselves by stripping the wealthy of those riches and honors which they see them employ so badly.”<br/><br/>— Machiavelli, Discourses on Livy 2023-07-11T01:38:05+02:00 https://nostr.ae/nevent1qqsg4y6kkmlmlwgye9u7066ulzm9jhrdx8zevcegnntq0f4mqkt447qzyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xc63uvv4 <img src="https://nostr.build/i/11a125a5ece1c864e7fdccf7dc6dcf016f8c14badb85c2b0add0abc6bf4966f2.jpg"> 2023-07-02T17:49:31+02:00 https://nostr.ae/nevent1qqsx9nl0mkg00479llxd4eflhmdtcye79py8z2jhahp02dkmmddz6tszyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xczjxn7v You have to have a blue check for the site to work. Ngmi. <img src="https://nostr.build/i/a02bf1c1d139daf09d4b9c7be7979b640bc60bf7b936f0a2e2c4ecab00db222e.jpg"> 2023-07-01T19:06:11+02:00 https://nostr.ae/nevent1qqs8599ptm8u6vfmrlm20ep379y653p2w58nq98pu3ya6jjusdsn3sszyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xcwu3d5d Come and take it, Tim Apple 2023-06-30T02:43:45+02:00 https://nostr.ae/nevent1qqsxe5lz92ru333a4mmuc0zapqkpva39d5xdjguagj753wdxjp3tfuszyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xcnx9whu In the wake of the DAME tax proposal, a lot of bitcoiners have pointed out that the Council of Economic Advisers doesn’t understand bitcoin. It’s worse than that. They don’t seem to understand economics. They get the basic economic theory wrong. And, by their own logic, some types of bitcoin mining should be subsidized. New from me: <a href="https://www.aier.org/article/cea-deserves-an-f-on-bitcoin-mining-tax-analysis/">https://www.aier.org/article/cea-deserves-an-f-on-bitcoin-mining-tax-analysis/</a> 2023-05-13T17:09:01+02:00 https://nostr.ae/nevent1qqsvcx6e4uf8eze68rrw0nmcp7vpd06ahky86aqj8g4m6c47hjm4c9gzyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xcwrz885 👀<br/><br/><a href="https://twitter.com/resistancemoney/status/1653743343468199940?s=46&amp;t=ff1uw94NeHBuMq0gCR-ICA">https://twitter.com/resistancemoney/status/1653743343468199940?s=46&amp;t=ff1uw94NeHBuMq0gCR-ICA</a> 2023-05-04T02:14:32+02:00 https://nostr.ae/nevent1qqsdc8d5xt45kzuf6e70hq069m6wl9z3e7dnxyum28crtrv4qkg9exqzyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xc0x8cfp <video controls width="100%" class="max-h-[90vh] bg-neutral-300 dark:bg-zinc-700"><source src="https://nostr.build/av/nostr.build_96c0918023fa7b111586cb65063784aef6b70b478b72549565407e1ecf50535b.mov"></video> 2023-04-30T01:05:12+02:00 https://nostr.ae/nevent1qqs9r3gtdlgnnhuqentjc50ca9pqz0hdatd6dvzjptaeegpfrfare3qzyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xcg7206n In reply to <a href='/nevent1qqsztg7vqmsefvhdf0dfa3z8x4ur9dxwp2007z70z30q5s0q6c0udcclpgqmp'>nevent1q…gqmp</a><br/>_________________________<br/><br/> <img src="https://nostr.build/i/nostr.build_0447b437bb98ac130736e32a201cc548282983c0050d902dc7c17ae2fe27389f.jpg"> 2023-04-27T03:34:04+02:00 https://nostr.ae/nevent1qqsztg7vqmsefvhdf0dfa3z8x4ur9dxwp2007z70z30q5s0q6c0udcczyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xc30gwtj 👀<br/><br/><a href="https://twitter.com/btcpolicyorg/status/1648074563127853056?s=46&amp;t=ff1uw94NeHBuMq0gCR-ICA">https://twitter.com/btcpolicyorg/status/1648074563127853056?s=46&amp;t=ff1uw94NeHBuMq0gCR-ICA</a> 2023-04-23T05:25:28+02:00 https://nostr.ae/nevent1qqsfqc6sq49um2sl4ucrlc92lslnx9afz0pugtq4fctdur9fj2vsuvszyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xcgwk0wl <a href="https://youtu.be/flD6VW0BhYo">https://youtu.be/flD6VW0BhYo</a> 2023-04-13T13:04:33+02:00 https://nostr.ae/nevent1qqsxqlvmqeu3xplccjqnmnyfw5wzwmegnwcfjhe8wzpt0rp5nwtrxeczyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xcws30r9 By the end of the week, someone will have created a BIP-39 themed dart board. 2023-04-03T13:13:02+02:00 https://nostr.ae/nevent1qqst5d8jwqdrk3kf9dhhz0e79xd69hpnk6r0aeapt9tl3h3caml9dsqzyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xclqjsxc How Can We Align the Interests of Bank Shareholders with Depositors? <a href="https://pricetheory.substack.com/p/who-should-care-about-depositors">https://pricetheory.substack.com/p/who-should-care-about-depositors</a> 2023-03-30T14:46:37+02:00 https://nostr.ae/nevent1qqsgslkyv90m5m2ququ2ycw83s4eqpdjm6l0nf9pe04acgpc67gddvszyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xc5qvyrh People are desperate to blame inflation on anything but Federal Reserve policy. They’d rather blame greedy corporations. Some people even point to rising markups of prices over costs as evidence that this is all just greed. But some basic knowledge of price theory tells us that if markups are rising, this is driven by demand and, in particular, expansionary monetary policy. <br/><br/><a href="https://pricetheory.substack.com/p/price-theory-as-an-antidote">https://pricetheory.substack.com/p/price-theory-as-an-antidote</a> 2023-03-29T15:49:00+02:00 https://nostr.ae/nevent1qqsrxhv2ddrkrathny3ctzkjthl83ezp22cp649pgf8x8gupjqd9hyszyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xc6aepqg The trillion dollar coin idea to “solve” the debt ceiling would basically just have the Fed operate like FTX — worthless tokens as assets, immune from market valuations. Also, like FTX, this trick would make the central bank insolvent.<br/><br/><a href="https://pricetheory.substack.com/p/accounting-tricks">https://pricetheory.substack.com/p/accounting-tricks</a> 2023-03-28T16:38:55+02:00 https://nostr.ae/nevent1qqs95meenptf7jjpz3uxnr2e4qvtfydmru58hvajx6zt8xtnar4d29qzyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xcl7yduy Central bankers continue to use the Phillips Curve as a guide for monetary policy. This demonstrates a basic lack of understanding about the Phillips Curve itself and the last 50 years of macroeconomic theory. <br/><br/><a href="https://pricetheory.substack.com/p/what-theory-does-and-does-not-say">https://pricetheory.substack.com/p/what-theory-does-and-does-not-say</a> 2023-03-28T13:35:12+02:00 https://nostr.ae/nevent1qqsfw4r9aa8sm0ttp5vgjmmhql7h3aljfkjyxdkl4jta929pa5rrp5qzyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xcz0y3xh The conventional wisdom on historical asset bubbles is that these were episodes of irrational exuberance. In reality, historical asset bubbles were much more interesting. The South Sea Bubble and the Mississippi Bubble were the end result of government debt consolidation schemes.<br/><br/>Tulipmania was an artifact. There was no bubble. The Dutch elite passed legislation that turned futures contracts into options contracts.<br/><br/><a href="https://pricetheory.substack.com/p/what-about-bubbles">https://pricetheory.substack.com/p/what-about-bubbles</a> 2023-03-27T15:54:24+02:00 https://nostr.ae/nevent1qqszz2rjet7c8u70lrwzxevl7rlsywqe7sxgphaz6pwz8gl0fqnfdmczyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xc9p5d7x Cash, But Electronic <a href="https://pricetheory.substack.com/p/cash-but-electronic">https://pricetheory.substack.com/p/cash-but-electronic</a> 2023-03-26T20:59:03+02:00 https://nostr.ae/nevent1qqstl7lqkazq0m6adxennu047ukjktx80g99hyag7ycg025cqdt5flczyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xcz0s4hf Economists routinely talk about the problems associated with monopoly, but there’s one monopoly that goes unquestioned: the monopoly on currency issuance. <br/><br/><a href="https://pricetheory.substack.com/p/the-unquestioned-monopoly">https://pricetheory.substack.com/p/the-unquestioned-monopoly</a> 2023-03-26T16:38:01+02:00 https://nostr.ae/nevent1qqsw70cu7p2nlh0vu5zmmmnq487pklzuj8rlys64jx3csfj23q5n7uszyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xc4rxtzg Inflation and Time <a href="https://pricetheory.substack.com/p/inflation-and-time">https://pricetheory.substack.com/p/inflation-and-time</a> 2023-03-26T16:35:46+02:00 https://nostr.ae/nevent1qqspgfsu3l4hhum9w30x2zjfj3gmm6uefyhcmsfx46y6s9l207nn6tszyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xcqzse0s In reply to <a href='/nevent1qqsqsl7vvxn2pj467f9kpng057v8ttyr4v2xys0ep4fjkgdxuzsn83g485v7e'>nevent1q…5v7e</a><br/>_________________________<br/><br/>Thanks. I had a blast talking with Preston and Rod and meeting everyone. Great time. 2023-03-22T00:33:00+01:00 https://nostr.ae/nevent1qqsfqjccwn6fnqlcree9uqmlt6a57dqr39xsvk2mkdq8329uphnupxszyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xcy6d0ly Listen to me and Preston Pysh talk about bitcoin, live (well, it was live) from Bitcoin Park. <a href="https://overcast.fm/+8ctXdVtog">https://overcast.fm/+8ctXdVtog</a> 2023-03-21T20:16:30+01:00 https://nostr.ae/nevent1qqsyg6c7gvdu3470wk6pjthgj4k9zgqqy9rr3h78gezp9hkl8tke5wczyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xcrv9xfw The Fed is like a child trying to build the tallest tower of blocks. Each new lending facility adds a block to the tower. Each new block makes the tower look more impressive. But the taller the tower, the less stable the tower becomes and the more likely a small shock can bring the whole tower crashing down. 2023-03-18T16:58:41+01:00 https://nostr.ae/nevent1qqs0capyanek5f7d4hdsmzcaafm5s4nrwq490eh44mvqnnz2k98tdhgzyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xcctc6y0 It’s become increasingly evident to people that we&#39;re on an unsustainable path. <br/><br/>The Fed continues to expand the scope of its operations. A new problem? Here&#39;s a new facility to deal with that. This makes the operations more and more complex, which makes the institution and the financial system more fragile.<br/><br/>The Fed&#39;s balance sheet is going to continue to get bigger and that will lead to more politicization. And the balance sheet is going to get riskier as these facilities simply transfer the risk from the financial system to the Fed. 2023-03-18T16:56:20+01:00 https://nostr.ae/nevent1qqsxdktgd456rs78436p2ktqsv986dhmamhf30uyheakqdpympy3wegzyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xckztx7p Schrödinger&#39;s bond prices 2023-03-13T02:37:47+01:00 https://nostr.ae/nevent1qqsdk46ga44tcqsgpsdlyx5rrx0ayaa299q9mt9zrzu4s42awq863kczyqaepvc2um6sp4t5z9zwxn0pjnvugmctgekp8t5knkravjreah8xc0dv3cm Gee, I wonder what we’ll have to talk about in Nashville this week. <a href="https://www.meetup.com/bitcoinpark/events/289621828/">https://www.meetup.com/bitcoinpark/events/289621828/</a> 2023-03-13T01:11:21+01:00