Monday I am a free man, beholden to no tribe, group, country, state, territory or government save that which I choose of my own volition. I am beholden to no code, ideology, dogma, morality, logic, reason or law that is enforced by others, no matter who they are or what their claimed standing. I am not the property, chattel or subject of any external authority. I am … [Read more...]
Money is Not a Good 2
Tuesday Oh dear; I hate disagreeing with this man as I am a big fan of his work, but he is repeating the hoary old mantra that money is a good. It is not, was not and will never be. The ‘most marketable good’ is the best trading good, but still a good, not money. Fiat is a good, though with a value far more unstable than most goods, but a good nevertheless. Crypto … [Read more...]
Gold and Reason
Sunday Gold had a wholly unique impact on human development. Nothing else comes close in importance. Neither fire nor the wheel changed the world; humanity just got warmer and began to move and fight faster. Gold took diseased and brutal bipeds that lived little better than animals and transformed them into semi-rational beings who began to improve themselves and their … [Read more...]
Logic and Money
"Nothing has such power to broaden the mind as the ability to investigate systematically and truly all that comes under thy observation in life." Marcus Aurelius Marcus Aurelius was the most famous of the Roman Stoics. He understood that the first requirement in the search for truth was clear, accurate and ordered thinking, underpinned by precision in the … [Read more...]