Mainstream modern economics is largely a scam. It is a fraudulent Ponzi masquerading as a \u2018free market\u2019 whereby bumbling political actors implement fraudulent policies based on falsehoods.You cannot create money out of thin air in perpetuity and expect a good outcome, yet this pretense is soundly ignored across the board.True prosperity comes from individual productivity, not moving the goalposts every few years and doing more of the same.We believed this once. We can believe it again.Let\u2019s dig in.Divorced from reality: EU approves $2.2 trillion stimulus planWhether it\u2019s politics, economics, or social and cultural issues of our time, it\u2019s striking how the decisions being made are born out of incompetence and an acquired comfort to promote falsehoods.This is what makes bitcoin so attractive, as it exists in a time of universal deceit and stands tall irrespective of the political whims of bumbling bureaucrats with no skin in the game.On Thursday, EU leaders met in Brussels to resolve a standoff with two Eastern European states that threatened to delay a $2.2 trillion stimulus bill due to concerns over sovereignty-undermining clauses within the deal.The agreement paves the way for the EU to put into effect not just its seven-year budget but a \u20ac750 billion ($909 billion) so-called pandemic relief package, which will be financed via joint-debt.As with prior relief packages, this money will get lost at the upper echelons of the bureaucratic jungle that comprises the European aristocracy \u2014 leaving small businesses to deal with the consequences of economy-crushing lockdown measures and pandemic fear-mongering.To be clear, the ECB is proposing to solve a problem it created by doing more of the same \u2014 printing money.Currently, at 66%, the ECB\u2019s balance sheet is on its way to making up 100% of Europe\u2019s GDP, by which time the socialist utopia will have been achieved and\u2026<\/p>","protected":false},"excerpt":{"rendered":"
Mainstream modern economics is largely a scam. It is a fraudulent Ponzi masquerading as a \u2018free market\u2019 whereby bumbling political actors implement fraudulent policies based on [\u2026]<\/span><\/p>","protected":false},"author":0,"featured_media":2796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/posts\/2992"}],"collection":[{"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/comments?post=2992"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/posts\/2992\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/media?parent=2992"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/categories?post=2992"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/tags?post=2992"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}