Joe Li₿ertarian

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Joe Li₿ertarian

Joe Li₿ertarian

@JoeLibertarian1

There are more than 2 political parties! End the Fed! War is just one more big government program. -Joseph Sobran Bitcoin will #endthefed #FreeRoss

Katılım Ağustos 2019
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Joe Li₿ertarian
Joe Li₿ertarian@JoeLibertarian1·
The Constitution is just a piece of paper that has been ignored since only a few years after the ink dried!
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Joe Li₿ertarian
Joe Li₿ertarian@JoeLibertarian1·
@JamesRHarrigan Why hand your young children over to complete strangers to be influenced for 7 hours (or more) a day instead of being given the values of their loving parents?
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James R. Harrigan
James R. Harrigan@JamesRHarrigan·
I've said it many times before, and I'll say it again. We homeschooled our children because, as a professor, the absolute worst students I had were education majors. When my 5-year-old daughter asked me what she was supposed to say when other children's parents asked why she was homeschooled, I told her to say, "because my daddy loves me."
Corey A. DeAngelis, school choice evangelist@DeAngelisCorey

Homeschooling isn't an "experiment" People were learning at home for thousands of years. Factory schooling is the experiment. And that experiment has failed.

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Joe Li₿ertarian retweetledi
Zynx
Zynx@ZynxBTC·
Always remember what Bitcoin actually is. It is your exit. You do not have to win the political argument. You do not have to wait for the right party to get elected. You do not have to hope that someone in power eventually does the right thing. The exit door is always there.
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Matthew Pines
Matthew Pines@matthew_pines·
Birthday card from daughter. The AI is quite well-aligned.
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Amity
Amity@amitylee13·
🙏🏻
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Joe Li₿ertarian
Joe Li₿ertarian@JoeLibertarian1·
@ZynxBTC I don't think it'll be him deciding to stop using the ATM... he'll pause to adjust the fulcrum to have better leverage.
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Zynx
Zynx@ZynxBTC·
The market doesn't realise how fast $MSTR is going to run when Saylor decides to stop using the ATM for a few months. Strategy have confirmed that STRC will be the primary mechanism for raising capital going forward. The generational run for the common stock has begun.
Michael Saylor@saylor

No buys this week. Back to work next week. $BTC

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Peter McCormack 🏴‍☠️🇬🇧🇮🇪
A little econ 101 for the silly socialists. The natural state of the economy is deflationary. As humans we innovate, we become more productive so everything ‘should’ get cheaper to produce. Well it does, everything you see getting more expensive is getting cheaper to produce but the inflation of the money supply is causing prices to go up. So what is the mechanics of this, the two primary ones are: 1. Governments keep running deficits because democracy rewards them for lying and spending. 2. Banks create money out of thin air through lending and the people closest to credit get it first. Asset prices pump and wealth shifts toward those who already have assets. When things go up in price, say energy due to war, this is not inflation. Some politicians say it is, but they are lying or stupid. That’s a supply shock. Inflation is always and everywhere a monetary phenomenon. Inflation is good for the state, it wipes away their debt. The mechanics of inflation are good for the rich, because they have assets. Inflation is terrible for everyone else - products get smaller, ingredients get worse and prices go up. It’s how companies manage inflation. Inflation forces dependency policies so people can scrape by - minimum wage, energy caps, renters rights. They are demanded by the public. But this the slow hollowing out of society, it is what breaks everything which is good. It puts pressure on a system which takes us from high trust to low trust. Why do I make fun of @zackpolanski and the socialists? Because they will run this experiment on crack. The Green’s model as far as I can see is: - Attack the productive class - Reward the unproductive class The problem with this is the rich will leave, the ambitious may leave and they will face the same question as both Labour and the Conservatives which is how do we pay for this? They will either have to raise taxes or borrow (print) more money, which accelerates the problem. So we will get lower productivity, higher taxes, more borrowing and guess what, more inflation. This is the exact mechanics which have destroyed every socialist state. I get it, socialism sounds warm and fuzzy - nobody should go without, free stuff for everyone. But the end result is poverty and misery, as it has been every single time. If you want jobs, good, medicine then you need a growing and prosperous economy which means unshackling the entrepreneurs. There is no other option on the table. It is the only thing that has ever worked. I haven’t voted in three elections. I will only vote if someone comes with a real economic plan which means a chainsaw to the state and driving growth.
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Joe Burnett, MSBA
Joe Burnett, MSBA@IIICapital·
Post-Hyperbitcoinization I’m buying a horse, entering it in the Kentucky Derby, and naming it Parabolic Run.
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Joe Li₿ertarian
Joe Li₿ertarian@JoeLibertarian1·
@AngelaTC Escape constantly higher prices created by the fiat Ponzi by saving in Bitcoin.
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AngelaTC - Michigan 8 - #MI8
What the actual ....? Our auto insurance was $1500 for the year last year, and this year it is $4000?
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Damien Willey (Kernow Damo) 🟢 🔴
The most revealing thing in this post is that the worker’s need to live never appears as a real business cost. VAT is real. Business rates are real. Energy bills are real. National Insurance is real. Rent is real. Beans, milk, cups, insurance, accountants, card fees, compliance, all real. But the person making the coffee needing enough money to pay rent, eat, heat their home, travel to work and not rely on state top-ups? Suddenly that is “silly socialism”. No. That is the cost of labour. If your business model depends on paying people less than they need to live, then the state is not attacking your business by demanding higher wages. The state is currently propping your business up by letting taxpayers subsidise the gap between what you pay and what your staff need to survive. That is the bit you cannot grasp, or do not want to grasp. You say businesses fail because they are unprofitable. Fine. Businesses do fail. But “I can only make a profit if my workers stay poor” is not a serious moral defence of a business. It is a confession. You say a cup of coffee has to absorb lots of costs. Yes. Welcome to business. But you are treating wages as the flexible bit that must always be squeezed so your business model survives. Nobody says, “If you can’t afford coffee beans, just get the taxpayer to provide the beans.” Nobody says, “If you can’t afford electricity, tell the staff to sit in the dark and call it prosperity.” But when the unaffordable item is the person being doing the work, suddenly everyone is supposed to become very mature and economically literate about poverty pay. You also get VAT badly muddled. VAT-registered businesses can generally reclaim VAT on goods and services bought for business use, and the VAT registration threshold is turnover above £90,000. So this line about 20% VAT and inputs not being claimable is not the killer argument you think it is. The bigger point is simpler. Workers do not get to tell landlords, supermarkets, energy firms and train companies that their boss has “compounding costs” so everyone must please wait quietly while they are paid less than a living wage. The worker’s bills have compounded too. Their rent has gone up. Their food has gone up. Their energy has gone up. Their council tax has gone up. Their travel has gone up. Funny how “proper economics” always discovers pressure when it lands on the owner, but turns into a lecture on realism when it lands on the staff. The Green proposal is £15 an hour by April 2027. The real Living Wage is already £13.45 across the UK and £14.80 in London, calculated on what people need to live, not what a struggling employer would prefer to pay. And even before that, the Joseph Rowntree Foundation found that a single working-age adult on the National Living Wage was nearly £7,000 short of the gross income needed for a minimum acceptable standard of living in 2025. So spare us the sob story that £15 is some wild Bolshevik fantasy. It is much closer to the actual cost of surviving than poverty pay dressed up as realism. You say jobs will disappear. That is always the threat. Every time wages rise, the same people emerge to announce that civilisation will collapse because a cleaner, waiter, carer or barista might be able to pay a bill without choosing which meal to skip. Yet the Low Pay Commission’s latest judgement was that recent National Living Wage increases have not had a significant negative impact on employment. That does not mean every business has no pressure. Of course small businesses are under pressure. Business rates need reform. Energy costs are brutal. Rents are often obscene. Big chains can absorb shocks that small independents cannot. But none of that proves workers should be the shock absorber. It proves the economy has been built so badly that the smallest businesses and the lowest-paid workers are set against each other while landlords, energy firms, banks and large corporations walk away with the margin. Your welfare argument is even worse. Universal Credit is explicitly available to people who are working but on low incomes, and as earnings rise, Universal Credit is tapered down. That means low wages and public spending are already linked. The taxpayer is already helping cover the living costs that low-pay employers do not meet. So when you ask “where does the money come from?”, one answer is: from the business that uses the labour. That is not extremist. That is basic decency. Profit is not ugly. Profit made by selling a product people want, paying suppliers properly, paying workers enough to live, and still having something left over is perfectly defensible. Profit made by underpaying staff and then expecting the public to top them up through benefits is not heroic enterprise. It is a business model leaning on the state while pretending to despise the state. And this “read a book” routine is always funny from people whose entire economic theory seems to be: owners must be protected from hardship, workers must be exposed to it, and taxpayers must quietly make up the difference while being lectured about socialism. A liveable wage is not a luxury add-on. It is the price of employing a human being. If a business cannot pay rent, it cannot use the building. If it cannot pay suppliers, it cannot use the stock. If it cannot pay energy bills, it cannot keep the lights on. And if it cannot pay workers enough to live, it should not expect applause for creating jobs that keep people poor.
Peter McCormack 🏴‍☠️🇬🇧🇮🇪@PeterMcCormack

A simple message to the silly socialists. You’re upset by businesses telling you that they will fail with the minimum wage increase. You’re telling business owners silly things like if you can’t pay the minimum wage then you don’t have a viable business. I want to make this easier to understand, because if you mean what you say, you want people to have jobs and earn a liveable wage. So listen, businesses fail for all kinds of reasons, mainly because they are unprofitable. We are seeing a wave of business closures at the moment because of the compounding costs from the state against a cost of living crisis. To make a cup of coffee profitable it has to eat a lot costs: - 20% VAT (the inputs can’t be claimed back) - Business rates (a tax before you earn) - Rising NI costs - Employment rights load - Rising energy costs - Inflation All these are imposed by the state. There is also a time tax with all the accounting, HR and regularity requirements which impose cost of consultants and time costs to ensure compliance, distracting owners from operating their businesses. Then there are the other normal costs. A business owner needs to make a profit else the business fails. If the business fails there are less jobs and lower tax receipts. If there are less jobs then public services crumble and welfare requirements increase. This is a compounding problem and what leads to the downward spiral of a country. So… where does the money come from if there are less jobs. The government borrows it, that increase in the money supply drives more inflation, making life more expensive for the people you want to help. Some who now don’t have the job they once had. So what now? What is your plan? I get it, you don’t really have one, this is what has happened to every socialist state, this is how a country goes from rich to poor. We have no divine right to be a wealthy nation and can certainly lose that status. So this is your challenge, can you accept society has a distribution of wealth which means there are rich and poor or would you rather everyone was poorer as long as there are no rich. That’s what socialists tend to want, though I have a secret for you, you can’t get rid of people being rich. I know you think profit is ugly, but the profit motive is what creates business and jobs. So anyway. I’m going to keep promoting proper economics because that’s how a nation becomes prosperous and prosperity leads to a net better outcome for all. This does mean I am going to have to make fun of your stupid socialist ideas. Good luck, read a book and stop being a dumb dumb.

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Tired Peasant
Tired Peasant@HorrorGorl·
Why are so many people simping for the rich?
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Peter McCormack 🏴‍☠️🇬🇧🇮🇪
Why are they entitled to more than what their contract agrees? They didn't put up the capital, they don't run the business, they aren't legally responsible for the lease, they get paid even when it makes a loss. They are paid for their productivity and can freely accept or choose not to work for the company.
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Harry Eccles
Harry Eccles@Heccles94·
“But the interesting point here is that he thinks all the profit being generated by the workers should go to them” How dare the surfs think they are entitled to the fruits of their Labour!
Peter McCormack 🏴‍☠️🇬🇧🇮🇪@PeterMcCormack

Here is another stupid take by a silly little socialist. They are two separate businesses. I don't take a wage from the coffee shop despite owning and operating it at the senior level. There is no money left to pay me. I do it out of love. The costs of the podcast are paid out of the profits of the podcast, which is a good little business. But the interesting point here is that he thinks all the profit being generated by the workers should go to them. But the silly little socialists can't fathom the following: 1. I took the risk to open the coffee shop - the £120k refurb, the 10 year lease, the business plan and the risk. My reward for the risk if the profits if it works, which I can share with the staff if I choose. 2. But even if we take the silly little socialist mildly seriously (we shouldn't, he's a dumb dumb), if the business fails and is losing money, should we blame the workers and should it be deducted from their salary? This is why these silly little revolutionaries should not be taken seriously. Firstly they don't understand economics, second they are fundamentally stupid, third their model is based on envy, fourth they have no answer to the coordination problem. I could go on, probably not worth it as you can't reason with silly little socialists.

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Joe Li₿ertarian
Joe Li₿ertarian@JoeLibertarian1·
When politicians say, "Think of the children..." They don't mean it the same way you do. Prosecute the Epstein Class!
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Joe Li₿ertarian
Joe Li₿ertarian@JoeLibertarian1·
@EricBrakey We're all going to be millionaires! But a million dollars ain't gonna buy you much at the grocery store!
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Helene Meisler
Helene Meisler@Chartfest1·
I typically could care less about volume. Stocks can and do rally on low volume. But I am struck by the consistent low volume rally in the QQQs. Just fell off a cliff as we came off the low.
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