In a more serious note, there are folks that are doing serious work at exactly that. The most notable is Andrew Torba who runs Gab. He's been steadily working on adding payments and e-commerce features to his platform, as part of what he calls "building the parallel economy." His focus is on building an infrastructure for fundamentalist …
In a more serious note, there are folks that are doing serious work at exactly that. The most notable is Andrew Torba who runs Gab. He's been steadily working on adding payments and e-commerce features to his platform, as part of what he calls "building the parallel economy." His focus is on building an infrastructure for fundamentalist Christians such as himself to gather, commune, and transact business away from the woke weirdness of mainstream economy.
The cryptocurrency crowd is convinced all this financial madness is setting the stage for Bitcoin's ultimate triumph. They might be right.
For myself, part of my goal with All Facts Matter is to empower individuals to make more informed and better decisions about their own personal economy. Being a cross between an anarcho-capitalist and a libertarian (small "l"), I firmly believe that the solution is to let individuals manage their individual affairs, which means government just needs to get the Hell out of the way.
I like to think the serial economic lunacies of Dementia Joe's regime and the economically obtuse Federal Reserve are making that argument for me! 😁
Agreed. I am also at the libertarian/Constitutional Conservative end of the spectrum, and want the government to (mostly) get out of my life. The past three years of creeping socialist authoritarianism has horrified me. And the ‘new economics’ of Modern Monetary Theory - are they insane? That’s the economic equivalent of a perpetual motion machine; you can’t produce real wealth without actual productivity!
In a more serious note, there are folks that are doing serious work at exactly that. The most notable is Andrew Torba who runs Gab. He's been steadily working on adding payments and e-commerce features to his platform, as part of what he calls "building the parallel economy." His focus is on building an infrastructure for fundamentalist Christians such as himself to gather, commune, and transact business away from the woke weirdness of mainstream economy.
The cryptocurrency crowd is convinced all this financial madness is setting the stage for Bitcoin's ultimate triumph. They might be right.
For myself, part of my goal with All Facts Matter is to empower individuals to make more informed and better decisions about their own personal economy. Being a cross between an anarcho-capitalist and a libertarian (small "l"), I firmly believe that the solution is to let individuals manage their individual affairs, which means government just needs to get the Hell out of the way.
I like to think the serial economic lunacies of Dementia Joe's regime and the economically obtuse Federal Reserve are making that argument for me! 😁
Agreed. I am also at the libertarian/Constitutional Conservative end of the spectrum, and want the government to (mostly) get out of my life. The past three years of creeping socialist authoritarianism has horrified me. And the ‘new economics’ of Modern Monetary Theory - are they insane? That’s the economic equivalent of a perpetual motion machine; you can’t produce real wealth without actual productivity!
Every economist since Karl Marx thought he was sharper than Adam Smith, and every one of them has been totally wrong.
The key thesis in Wealth of Nations was that a nation's wealth was the productive labor of its people. That was true in 1776 and it is true today.
Which means, yes, the MMT crowd is insane.