Ancaptain

2.1K posts

Ancaptain

Ancaptain

@Ancaptain12

เข้าร่วม Kasım 2022
369 กำลังติดตาม242 ผู้ติดตาม
Seth Dillon
Seth Dillon@SethDillon·
@MattWalshBlog That would make more sense. It's disgraceful that so many so-called conservatives are so singularly obsessed with one issue that they're making Trump and dispensational evangelicals the enemy — to the point where they'd rather see Democrats and their culture of death prevail.
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Matt Walsh
Matt Walsh@MattWalshBlog·
If we’re going to have a conservative civil war, the dividing line should be those who believe in protecting and preserving marriage, the family, and unborn life vs those indifferent or opposed. You can’t be a conservative in any meaningful sense if you don’t want to conserve the bedrock of civilization itself.
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Ancaptain
Ancaptain@Ancaptain12·
Ancaptain@Ancaptain12

The claim isn't that school lunches magically create net-new food demand. Kids eat either way — whether parents buy it or government "gives" it.The inflation point is about how it's funded. Governments don't print money for these programs (plus the rest of the welfare/redistribution machine) without consequences. When spending is financed by deficits that the central bank ultimately monetizes, it expands the money supply. More dollars chasing goods pushes prices up across the board — the inflation tax. You're right that the raw quantity of food demanded doesn't change much. But inflation does something worse than just raising prices: it actively prevents prices from falling as they naturally would. Markets, competition, technology, and productivity gains constantly drive costs down over time (cheaper food production, better logistics, innovation in agriculture, etc.). In a sound-money environment with low inflation, we'd see those efficiency gains passed on as lower real prices for everyone. Inflation erodes that benefit. Instead of food (and other basics) getting steadily more affordable, the extra money supply masks and counteracts those deflationary pressures from progress. The result? Prices stay higher — or rise — than they otherwise would have.The poor feel this most because they spend the biggest chunk of income on food and necessities. By the time the subsidized lunch arrives, the cumulative loss in purchasing power from higher grocery bills, eroded wages, and debased savings has already cost their family far more than any "free" meal is worth.This isn't about printing money "helping output." Extra money doesn't create real goods, services, or innovation — it just distorts price signals, encourages malinvestment, and punishes savers while rewarding debtors and spenders. The emotional framing ("you hate poor kids!") dodges the reality: these policies, layered on top of decades of spending/debt/money creation, make everyone poorer over time, especially the vulnerable.Better path: sound money, less intervention, stronger families, and real economic growth that actually lowers the cost of living. That feeds kids without the hidden tax that keeps them struggling.

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Ancaptain
Ancaptain@Ancaptain12·
The claim isn't that school lunches magically create net-new food demand. Kids eat either way — whether parents buy it or government "gives" it.The inflation point is about how it's funded. Governments don't print money for these programs (plus the rest of the welfare/redistribution machine) without consequences. When spending is financed by deficits that the central bank ultimately monetizes, it expands the money supply. More dollars chasing goods pushes prices up across the board — the inflation tax. You're right that the raw quantity of food demanded doesn't change much. But inflation does something worse than just raising prices: it actively prevents prices from falling as they naturally would. Markets, competition, technology, and productivity gains constantly drive costs down over time (cheaper food production, better logistics, innovation in agriculture, etc.). In a sound-money environment with low inflation, we'd see those efficiency gains passed on as lower real prices for everyone. Inflation erodes that benefit. Instead of food (and other basics) getting steadily more affordable, the extra money supply masks and counteracts those deflationary pressures from progress. The result? Prices stay higher — or rise — than they otherwise would have.The poor feel this most because they spend the biggest chunk of income on food and necessities. By the time the subsidized lunch arrives, the cumulative loss in purchasing power from higher grocery bills, eroded wages, and debased savings has already cost their family far more than any "free" meal is worth.This isn't about printing money "helping output." Extra money doesn't create real goods, services, or innovation — it just distorts price signals, encourages malinvestment, and punishes savers while rewarding debtors and spenders. The emotional framing ("you hate poor kids!") dodges the reality: these policies, layered on top of decades of spending/debt/money creation, make everyone poorer over time, especially the vulnerable.Better path: sound money, less intervention, stronger families, and real economic growth that actually lowers the cost of living. That feeds kids without the hidden tax that keeps them struggling.
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Carlos Danger
Carlos Danger@A_Trashcan·
@Ancaptain12 @Arizona_LP How does giving kids lunch make their families poorer? And don't say supply and demand, this isn't creating any additional demand that would not exist if they bought their own food. The only way to reduce this so called inflation tax is to reduce purchases of food...
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Ancaptain
Ancaptain@Ancaptain12·
@DeItaone Markets will only be up 1.5% tomorrow on this bad news.
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*Walter Bloomberg
*Walter Bloomberg@DeItaone·
IRAN'S IRNA: IRAN REJECTED TAKING PART IN THE SECOND ROUND OF THE TALKS WITH THE U.S.
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Kit
Kit@kit_sats·
What’s the best Bitcoin book that isn’t "The Bitcoin Standard"?
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Navya
Navya@agNavya·
Is it humanly possible to read 200 pages in a single day?
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Joel Berry
Joel Berry@JoelWBerry·
This is the best James Lindsay interview yet. James was brilliant, Jeremy asked some tough questions, and even defended… @MattWalshBlog? Don’t miss it.
Jeremy Boreing@JeremyDBoreing

You asked for it, we did it. Actually, we had already done it before you asked, but you teed us up to look clairvoyant. @ConceptualJames joins the show to discuss the war for the soul of the right, his online pugilism, and his own search for meaning and faith. youtube.com/watch?v=uRlb7G…

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Joel Berry
Joel Berry@JoelWBerry·
He asks James some tough questions and the answers are astounding. No matter how you feel about James Lindsay you owe it to yourself to watch this.
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Joel Berry
Joel Berry@JoelWBerry·
Keep an eye on Jeremy Boreing’s channel. He just conducted what I think is the best interview of James Lindsay we’ve ever seen. 👀
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Ancaptain
Ancaptain@Ancaptain12·
I also got caught off guard here in my investment account. I have always know the dollar is being debased and assets are the only hedge, but this rally feels different. I think we may have crossed the rubicon, so to speak, where monetary debasement has reached the point where no meaningful correction can really happen. Doesn't mean the economy is good or anything, but there is so much money in the system it needs an outlet. I'm leaning this route at the moment. This could be some blow off top in the market before a 2008/2001 type correction, which I am not ruling out, but seems increasingly unlikely.
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Kikirunch
Kikirunch@kikiruncha·
@LukeGromen @soclose2me I think we are finally going full Weimar here. I was expecting a deeper correction in stocks, but I think we are just going to decimate the currency/middle class instead. It's unreal.
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Chris Close
Chris Close@soclose2me·
You can argue epistemologically, or emotionally against how Trump has played the global macro political game vis-a-vis with Iran/China/Russia.... Can claim he has/is failing/flailing/tacoing etc. If you expressed your, "opinion" as a long oil position you currently are getting your ass handed to you. It's pretty good filter to filter peoples policitally based rants/opinions through. Curious to see how it plays out medium/long term. @LukeGromen @TgMacro @imetatronink @DoombergT
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Ancaptain
Ancaptain@Ancaptain12·
This is also just fundamentally misunderstanding what money is and what makes a 'good money'. This would just devalue money/the dollar more than it already is, effectively making it worthless. You'd see a harder money (gold/bitcoin) become the defacto currency, in my opinion. Money is a tool that facilitates trade across time. Making more of the money ruins the "across time" factor. Elon's logic is the same as every 5 year old who asks why we don't just print infinite money and make everyone rich?. I mean just think about it for one second. Even you have a business during the AI revolution, are you going to accept a money that the government prints and hands out for free? What would you gain? What would the money even be functioning as?
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Ancaptain
Ancaptain@Ancaptain12·
@BladeoftheS *progressives redefining capitalism to mean a branch of socialism called 'corporatism' to trick the masses into thinking more government control is the solution, not the problem.
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Ancaptain
Ancaptain@Ancaptain12·
@elonmusk This is a fundamental misunderstanding of what money is and what it's function in an economy is.
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Elon Musk
Elon Musk@elonmusk·
Universal HIGH INCOME via checks issued by the Federal government is the best way to deal with unemployment caused by AI. AI/robotics will produce goods & services far in excess of the increase in the money supply, so there will not be inflation.
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nxthompson
nxthompson@nxthompson·
“Over these past 70 years of progress, our culture has moved in the direction of autonomy, individualism, and choice. This has generated creativity and freedom, but it has weakened the bonds between people and the elemental commitments that precede choice—to family, neighborhood, faith, and nation.” A fascinating piece from @DavidBrooks224 theatlantic.com/magazine/2026/…
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Randy
Randy@randyyounger86·
@AdamSimecka Do you use a specific tool to track cost basis/ taxes? If so what do you recommend?
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Adam Simecka
Adam Simecka@AdamSimecka·
Public service announcement. You can try living on a Bitcoin standard, and go back to fiat if you don't like it. Never met a person who did though.
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Democrats
Democrats@TheDemocrats·
Paying hundreds of dollars to TurboTax to file your taxes? Know this: Trump took $1 million in donations from TurboTax— then killed the IRS’s free tax filing program.
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Ancaptain
Ancaptain@Ancaptain12·
@LPNH I'm highly considering moving to NH, how is NH becoming more libertarian? Or what have they done to make it more free?
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Libertarian Party NH 🦔
We several radical right-wing anarcho-capitalists in the New Hampshire legislature. They make the state more free year-after-year. They succeed by playing ball and being team players. Too many libertarians want to take their ball and go home.
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Ancaptain
Ancaptain@Ancaptain12·
@TomFitton NYC progressives in 10 years with dilapidated grocery stores and empty shelves: "Without the government taxing us, how would we get food!"
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Ancaptain
Ancaptain@Ancaptain12·
@bscholl We already have that in literally every government run or regulated industry, and the vast majority of people think we couldn't survive otherwise.
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