Discover and read the best of Twitter Threads about #soundmoney

Most recents (6)

1/DIG THREAD:
WO2020060606 - CRYPTOCURRENCY SYSTEM USING BODY ACTIVITY DATA

Patent Applicant: Microsoft Tech Licensing

Topics: Bill Gates, Vaccine Enforcement (that will fail), Bitcoin/Crypto/Digital Currency, Gold, Treasury, America's Freedom

Read On!

patentscope.wipo.int/search/en/deta…
2/Gates clearly still has indirect control of Microsoft via Gates Foundation owning MSFT & other stock. Look at examples like this Blockchain patent to determine who is & isn't a vaccinated person & create an enforcement mechanism to try to replicate what China already does? 🤔😳
3/Bill Gates One World Order with Bitcoin? 🧐

This surprised me.

Had a good idea of how involved he is in vaccines.

Had no idea how involved he was with Bitcoin/Blockchain & how it intertwined with many other things. @PunishDem1776
Read 12 tweets
Crude oil at $0.01...This HAS to be a signal that we are either already ON the Gold Standard, or that we are going to be VERY soon. Keep in mind, that our FIAT currency is DIRECTLY influenced by the prices of oil (Petrodollar) since 1974.
The FED artificial FIAT dollar literally CANNOT SURVIVE at this point. The ONLY way for this to happen, is for @realDonaldTrump to now be in control of the WHOLE economic system, INCLUDING the once privately owned FEDERAL RESERVE CENTRAL BANK.
Notice, also the IMF, announcing the debt cancellation of MANY countries due to “Coronavirus”.

Being that oil is negative now for the FIRST TIME EVER...That would mean the dollar is now even more WORTHLESS than it was before! The only logical conclusion here, is that we have,
Read 5 tweets
Over the next 7 days we will hear a lot about "fiscal rules" . First point: they are not rules. How could they be when they are changed with monotonous regularity? Rather, they are targets, or more correctly, objectives. 1/8
Second point, they only constrain policy for 12-18 months before the consequences of meeting them becomes unpalatable to the electorate and hence to government. At that point, they are suspended and then discarded. 2/8
In the past, governments changed definitions or assumptions in order to meet them. This is no longer a credible option because the independent Office for Budgetary Responsibility calls them out. 3/8
Read 8 tweets
My 116 favorite quotes from Money: Sound and Unsound, by Joseph.T. Salerno (2015)
@jtsale @mises #AustrianEconomics #SoundMoney
1. “The idea of sound #money was present from the very beginning of modern monetary theory in the works of the 16th-century Spanish #Scholastics who argued against debasement of the coinage by the king on ethical and economic grounds”
J.T.Salerno
2. “It was #Fisher and not #Keynes who was the true founder of modern macroeconomics with its aggregative reasoning and its central notion of politically managed fiat money”
J.T.Salerno
Read 118 tweets
Inflation is the source of most problems society faces today. Real costs decline, prices rise, but wages don't. This illusory phenomenon has disrupted all exchange, entrepreneurship, workers, savers, and borrowers; it's corrupted our lives and culture. 1/
What is inflation anyway? In economics it is an increase in the supply of money, in colloquial terms it is a rise in prices; in practice, it is an inextricable link between these two issues understood simply as the law of supply and demand. 2/
While the supply of money is not the only factor that affects prices, it is the most important as it underlies all other factors, and usurps them all as the Fed nominally targets inflation absorbing and extracting all the gains we should see from real economic progress. 3/
Read 10 tweets
0/ Want to know what's been happening in the #crypto and #blockchain space over the past ~24 hours? Then look no further! I've got you covered.
1/ 📣 The @MakerDAO [ $MKR ] team announced the 'Core Community Development Group (CCDG)', an initiative focussed on attracting more third-party interest.

Whilst not identical, the CCDG reminds me of Elastos' @Cyber__Republic & Dash's DGBB; projects w/ strong communities indeed.
2/ 📝 @dydxprotocol's short Ethereum [ $sETH ] - an #ERC20 token pegged to a short ETH position - got listed on #0x-powered @RadarRelay.

Can't wait to see what other types of tokenized short and leveraged assets dYdX can come up with! medium.com/radarrelay/int…
Read 23 tweets

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