1H22SN…UhnY

1H22SNmXMN9fM6rj9TPquu6GTT1NdLUhnY

  • 0 Following
  • 0 Followers
  • 50 Posts

Activity

1H22SN…UhnY Key · twetch

Actual Quote 1816: And I sincerely believe with you, that banking establishments are more dangerous than standing armies; & that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale

1H22SN…UhnY Key · twetch

The problem is specialization and economies of scale will always favor centralization, which in turn incentivizes regulation, which leads to regulatory capture, which enhances specialization and economies of scale, which... the system will resist change

1H22SN…UhnY Key · twetch
Reposted
twetch#11181 6.4y
twetch_twembed1590538582432.jpeg
1H22SN…UhnY Key · twetch
twetch_twembed1590604111447.JPG
1H22SN…UhnY Key · twetch

Many of the people I know, mostly blue collar, see the covid reaction decimating small businesses to the profit of big corporations. They want it to be a purposeful deep state conspiracy, but unfortunately its simply how government works... Occam's Razor.

1H22SN…UhnY Key · twetch
Replying to@16SgJC…e6WS

In mine as well. Woods 2nd law, no matter who you vote for you always get John McCain.

1H22SN…UhnY Key · twetch
Replying to@16SgJC…e6WS

It is factual to a point, but worth noting majority rule can be tyrannical, so make sure individual rights are protected. Also the only true campaign finance reform would be to reduce power so less influence to buy. Rank choice voting alone would be huge.

1H22SN…UhnY Key · twetch
twetch_twembed1588714731225.JPG
1H22SN…UhnY Key · twetch

Public School online: I bet most of the students who you expect to disappear, do. They didn't want to be there, their parents only saw it as daycare, poof they are gone. The rest, kids who excel, excel faster, some that struggled are doing much better.

1H22SN…UhnY Key · twetch
Replying to@1SgPtS…9sDs

True, but power can reset the rules so that true wealth is not rewarded. Instead, the new game is collecting tokens they create, so new knowledge is swept into the machine because it provides leverage in the same way deposits create leverage in banking

1H22SN…UhnY Key · twetch
Replying to@1H22SN…UhnY
  1. And does so at the expense of the average citizen. All of this is anecdotally obvious to anyone that cares to look. But to prove it with modeling that can duplicate actual results would show definitively that this process is real and destructive.
1H22SN…UhnY Key · twetch
Replying to@1H22SN…UhnY
  1. Mainly that the government manipulating the currency is the root of most issues we all face as citizens. It distorts markets, pervert incentives, and misallocates resources. The net effect is to raise wealth and income among the least productive.
1H22SN…UhnY Key · twetch
Replying to@1SgPtS…9sDs
  1. You mention Thermodynamics, I like that, I also think fluid mechanics might be a good way to understand economics as well. I've been thinking for some time about how to put together the proper modeling to prove what you are eluding to.
1H22SN…UhnY Key · twetch

This episode will have at least one positive consequence. The myth of public education is going to crumble and lead to a boom in online home educational opportunities. This in turn will lead to a boom in red pilled citizens about 20 years from now.

1H22SN…UhnY Key · twetch
Replying to@1NdUJC…vSXb

Gaskets can be the worst, especially if you can't just substitute liquid gasket. Gasket for the carburetor bowl was what drove me to BikeBandit in first place. Never could find one though, ended up buying an aftermarket carb and making it fit.

1H22SN…UhnY Key · twetch
Replying to@1NdUJC…vSXb

Try BikeBandit.com I've had good luck as I have a weird half-model year ATV, and they have exploded parts diagrams and parts lists for just about everything. Not sure if the dimensions are there.

1H22SN…UhnY Key · twetch
Replying to@1BjFcM…SkrL

Since I'm new, I don't know what it is to me yet, but I know what I'm looking for. A place where thoughtful people provide feedback on ideas. Having an economic system that asks people to pay to post and promote good content might do that.

1H22SN…UhnY Key · twetch
Replying to@1Lvw3r…4c2Y

A confluence of fiat curr, artificial int rates, reg capture, rent seeking, and stock market all creates escalating feedback loop that mags economies of scale and emph financial strategy/growth over classic exchange of goods & services for money. Not Good

1H22SN…UhnY Key · twetch

New to all this, not sure what it is or whether I can contribute effectively, but I want to try. It appears more critical than ever to have a means of communication and a monetary option that circumvents authoritarian manipulation. Perhaps it starts here?