@sun there is a saying among #austrianSchool economics folk "close to the money spigot".

it sounds like, what "money spigot" was, is "their handler, knowingly or unknowingly, in intelligence".... maybe.

@gabrielbxgx thanks for asking.

maybe its not really important to mention this but i will, when i say "cash" my definition differs slightly to what most people think of as "cash", i refer to a definition of cash that a classical (#AustrianSchool) economist told me is the derivation of the word. It comes from "cache". Over a century ago, cash meant #bearerTokens such as #gold, #silver and maybe (begrudgingly) govt issued notes (ie. IOUs or debt the govt and banks gave out) and coins. Bearer tokens that effectively didn't really need a central authority to verify.

So when i talk about cash i am primarily talking about "bearer tokens", a thing u can hold or a secret number that you know, to exchange your labor/time/value for what you want.

By using bearer tokens / cash it is IMPOSSIBLE for a repressive centralizing force like a single bank, or cloudflare, amazon, or akamai (whose biggest clients are allegedly the cia/nsa) from arbitrarily cutting u off from online services, because they don't like u OR something that u said online or in the street which they heard from a recording from a an 'scam'azon Ring door bell or street camera (yes they have access to these) OR they dont like the service that u are trying to access OR they don't want you to make meaningful connections and associations and develop a circular economy with like-minded people etc. There are infinite reasons they can come up with to enact cruel measures.

Sadly, this HAS been known to happen and not only to the Canada truckers although that was the sensational example. Throughout 2021 #banksters began severing online services to dissidents and those deemed (i think the phrase was something like) "legal but unfavorable" during the height of the virus fears. By cutting off peoples access to online services they were able to create a new brand of not only UNDERclass but in some cases, quasi-criminal class, forcing them out of their home, possibly without being medically experimented on, which in some circumstances would have led to criminal changes. Unless u can afford to pay a constitutional lawyer (HINT: only the rich can) its likely that many people would have slipped into extreme circumstances simply because the #banks or govt dont like one small #risk u might present to their interests.

i hope i don't trigger anyone by saying, if covid hadn't accelerated the destruction of the social fabric, its quite likely another bearer token would be used today globally, #bitcoin, and possibly even monero, but as i say covid effectively took an axe to people's ability to communicate and build a more egalitarian society. (quietly i will say most ppl were instead pushed into myopic online fights, eg fever pitch mask debates, or debates on removing historical monuments that might reflect poorly on our past, online indoctrination platforms seem to have deliberately ended all other genuine debates)

The "uncensorability" of bearer tokens / #cash is just one reason to use them.... #privacy is an important part of #safety and #security also and the grandfather of #gnu (+linux) #richardStallman (@rms) has important things to say in that area of privacy. See interviews he did with #SophieShevardnadze. :)

Again there are more reasons but i've said too much and your server (mastodon.social) is #Fastly. I don't believe the instance minds me informing you that Fastly is becoming too big a player in the  fediverse and ideally, people ought move to a another service (hopefully not a C.A.G.E.M.A.F.I.A. one), to limit Fastly's influence. I'm happy to offer help on that if u want.

i hope that helps explain why cash is needed for resisting #tyranny and the #technocracy.

#uncensorable #uncensorability #cache #cloudflare

HONEST ECONOMISTS set to produce #deepFake adaptation of the 1997 #Titanic film to reflect the impact the morbid event had in the realm of international banking and finance.

In case the original #film wasn't long enough.

#austrianSchool #economics #shouldBeTrue

@movonw
Inflation is an increase in the supply of a currency.

There's a recent episode of #KeiserReport that goes into the definitions of #inflation over the past century and its *very* enlightening. If memory serves its titled 'Are you prepared?'. Podcast is served over AmazonSoundcloud so we don't share links to it and we strongly recomend TorBrowser to research things that are likely to lead you towards #AustrianSchool economics, hint most ppl are AustrianSchool but don't know it.