This man is anti-Bitcoin and I disagree with him on many things, but this piece is definitely worthwhile: https://www.yesigiveafig.com/p/a-choice-to-believe
Some gems:
"While I disagree with much of the Republican “platform” and candidly fear the potential for narcissists in office, the alternative is much, much worse as Kennedy’s speech makes clear."
"Food production is uniquely suited to predatory acquisition strategies. Calamities befall small local/regional producers on a regular basis. This was the genesis of crop insurance when first introduced in 1899 through farmer cooperatives. Like many well intentioned ideas, it was ultimately federalized by the government. In 1994, crop insurance became mandatory for those participating in other government programs like price supports. Predictably, the mandatory premiums disadvantaged smaller farmers/food producers and drove further consolidation in the industry. "
"In America today, market after-market demonstrates the existence of monopoly powers. The cozy relationship with regulators is a key component and it is here that the Democratic party has simply become absurd with dismissive counter-attacks on “corporate greed” and FTC enforcement."
"...healthcare is increasingly about predatory (and opaque) pricing, and payday lenders (for all their very real failings) provide a mechanism to escape the healthcare collections racket. We are an increasingly unequal society and a growing fraction are increasingly resource constrained which lowers our aggregate productivity and productivity growth."
(his Substack is high quality and thoughtful all around, worth the subscription IMO if you can handle reading opinions you don't always like or agree with... which I can't recommend more to this community)
Eric FJ
npub10x…2g437
2024-09-22 21:54:42
Author Public Key
npub10xvczstpwsljy7gqd2cselvrh5e6mlerep09m8gff87avru0ryqsg2g437Published at
2024-09-22 21:54:42Event JSON
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"content": "This man is anti-Bitcoin and I disagree with him on many things, but this piece is definitely worthwhile: https://www.yesigiveafig.com/p/a-choice-to-believe\n\nSome gems:\n\n\"While I disagree with much of the Republican “platform” and candidly fear the potential for narcissists in office, the alternative is much, much worse as Kennedy’s speech makes clear.\"\n\n\"Food production is uniquely suited to predatory acquisition strategies. Calamities befall small local/regional producers on a regular basis. This was the genesis of crop insurance when first introduced in 1899 through farmer cooperatives. Like many well intentioned ideas, it was ultimately federalized by the government. In 1994, crop insurance became mandatory for those participating in other government programs like price supports. Predictably, the mandatory premiums disadvantaged smaller farmers/food producers and drove further consolidation in the industry. \"\n\n\"In America today, market after-market demonstrates the existence of monopoly powers. The cozy relationship with regulators is a key component and it is here that the Democratic party has simply become absurd with dismissive counter-attacks on “corporate greed” and FTC enforcement.\"\n\n\"...healthcare is increasingly about predatory (and opaque) pricing, and payday lenders (for all their very real failings) provide a mechanism to escape the healthcare collections racket. We are an increasingly unequal society and a growing fraction are increasingly resource constrained which lowers our aggregate productivity and productivity growth.\"\n\n(his Substack is high quality and thoughtful all around, worth the subscription IMO if you can handle reading opinions you don't always like or agree with... which I can't recommend more to this community)",
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