Ghost of Truth

https://ghost-of-truth.npub.pro/

Seek wisdom, embrace freedom, secure Your future with #Bitcoin - be #ungovernable.
#History #Philosophy #Economy

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npub1scljc42jwm576uufxwcwlmntqggy9utwz55a6a2hqjy9hpl7uxps4pzprv

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GhostofTruth@coinos.io

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npub1scljc42jwm576uufxwcwlmntqggy9utwz55a6a2hqjy9hpl7uxps4pzprv

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Last Notes

2025-04-12 16:44:36

Can we now say the bond vigilantes are in power? #Trump #tariffs #China
#nevent1q…rwa7

2025-04-05 06:36:09

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Nicely said. A good rant to my coffee. Wish You a perfect week end

2025-04-03 16:13:58

Liberation Day and the Double Standards of EU Trade Policy
Tariffs are bad for business. They harm the international division of labor and drive consumer prices upward. Their comeback signals that we are living in an era dominated by politics. A new age of power politics has begun.
Donald Trump communicates loudly, sometimes shrilly. Naming April 2—the start of an aggressive U.S. tariff program—“Liberation Day” fits the White House’s harsh strategy since he took office. Trading partners like the European Union react with shock, threatening countermeasures to the 10 percent base tariff meant to mirror others’ barriers. Leaders like Argentina’s Javier Milei and Mexico’s Claudia Sheinbaum signal concessions, bowing to the threat. Yet Trump’s rhetoric hides a deeper issue: The U.S. faces a double deficit—trade and fiscal balances deep in the red, eroding its industrial base. Tariffs and tax cuts aim to end the “Triffin Dilemma,” where the world’s reserve currency issuer must run a trade deficit to supply global liquidity. That’s the core goal.
Trade Wars and EU Outrage
History warns that tariffs often spark trade wars, damaging economies. Free trade alone enables specialization for optimal market supply. But we’re not in a textbook economy—we’re at a geopolitical turning point with raw power politics. The EU’s reaction is predictably fierce. After trips by Emmanuel Macron and Keir Starmer, the EU Commission vows retaliation. Welcome to the trade war! Yet their outrage raises eyebrows. The EU built itself on coal and farm subsidies, wielding a massive subsidy machine for industrial ambitions. Outsiders entering its market face regulatory barriers masked as “harmonization,” weakening competition and hiking prices.
The EU’s Common Agricultural Policy (CAP) exemplifies this. Meat and dairy from third countries hit tariffs and standards—officially for consumer safety, but really to protect local producers. The OECD says non-tariff barriers account for 60 percent of EU protectionism, far beyond visible tariffs. In industry, like autos, 10 percent tariffs and tailored rules shield firms like Volkswagen, forcing U.S. or Asian rivals to bear high costs and compete at a disadvantage. The EU’s “Carbon Border Adjustment Mechanism” (CBAM), starting 2026, taxes imports from lax-climate nations—sold as climate action, but a clear protectionist tool. In tech, the GDPR curbs U.S. giants like Google while boosting European firms. This isn’t free trade—it’s calculated isolation.
U.S. Strategy vs. EU Hypocrisy
The U.S. seeks to shrink its trade deficit and rebuild industry, betting on tech, energy autonomy, and open markets to lure capital, even if consumers suffer short-term. Trump’s challenge should push Europe to rethink its ways. But the EU’s indignation rings hollow. It’s long used subtle barriers—standards, bureaucracy, and sectoral tariffs—to fend off rivals. The CAP, for instance, isn’t about safety but shielding farmers. CBAM’s CO2 penalties are less about climate and more about punishing outsiders, while GDPR tilts the digital field toward European players. The EU’s protectionism hides behind noble labels, but consumers pay with higher prices and less choice.
The U.S. accepts trade-offs to break its deficit trap, while the EU clings to a failing vision. Brussels’ green, deindustrialized dream crashes against reality: a growth crisis and stagnant productivity. Europe should see this as a wake-up call to return to market principles and open trade. Yet that requires a radical shift in Brussels and beyond—unlikely given entrenched habits. The U.S. holds advantages with its tech edge and energy independence, positioning it to weather this storm better. Europe, meanwhile, risks being exposed as its economic weaknesses glare under the spotlight of this clash.
We’ll see how this unfolds. The U.S. bets on reviving its base, accepting consumer pain for long-term gain. Europe must decide if it’ll keep posturing or face its own contradictions. For now, the trade war tests both sides, but the EU’s double standards—decrying tariffs while quietly wielding its own—undermine its moral stance.
#usa #trump #tariffs #tradewar #economy #nostr #news #freetrade #eu

2025-04-03 12:58:35

If one takes into account the fact that the #US tariff step is intended to eliminate the trade deficit, it is clear that this will have considerable consequences for the supply of #USD to the world. The #Eurodollar market could be on the brink of collapse. #trump

2025-04-03 06:13:45

With his aggressive tariff move, Donald #Trump has mercilessly exposed the behavior of so-called trading partners. The #EU in particular is pursuing protectionist trade policies and will hopefully now be forced to rethink. We must move towards #freetrade in the long term!

2025-03-31 06:25:53

Poland will elect its president in May. It will be interesting to see whether the Poles vote in such a way that the flawless democrats of the European Commission do not apply the procedure that they applied to the Romanians. #eu #poland #democracy #romania

2025-03-31 06:24:44

#Germany and the #EU pile on debt – and the bond vigilantes strike: yields soar, the bill arrives. Keep living on credit, and the #euro’s at risk. Time for markets, not Brussels’ dreams. The bond market will kill Brussels's dream of eternal debt growth to finance socialist crap. https://blossom.primal.net/be44f2e20bd6954b60c3042decf55ee6af15aa6e751f78d5052bcfbdf8e7d94d.jpg

2025-03-26 11:17:24

Germany’s Debt Spiral: Eurozone’s Fiat Lifeline or a Ticking Time Bomb?
Germany’s public finances are veering into treacherous territory. By the close of 2024, the nation’s total public debt hit a staggering €2.509 trillion, according to fresh data from the Federal Statistical Office (Destatis). That’s a sharp 2.6% jump—or €63.9 billion—compared to the previous year, with an additional 0.8% spike (€20.5 billion) piled on in just the final quarter.
Europe’s economic powerhouse is racking up liabilities at an alarming clip. Germany isn’t just borrowing to keep its own lights on. As the Eurozone’s de facto credit backstop, it’s laying the groundwork for a jaw-dropping €1 trillion debt mountain over the next four years. The goal? To jumpstart the fiat engine of a currency bloc mired in recessionary quicksand. This is less a bold rescue plan and more a reckless gamble. Can Germany shoulder this colossal burden without torching its own creditworthiness?
#DebtCrisis #Eurozone #eu #Economy #Germany #Fiat #bitcoin #nostr

2025-03-21 10:56:08

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Really? So the ECB will indirectly nudge them into their distribution of cbdc liquidity? Wow.... thank You, I will study that

2025-03-21 10:42:37

What I miss in the debate about the introduction of the #Euro #CBDC is the criticism of the #Eurozone commercial banking sector. Have the heads of the banks not understood that this means the end of private capital formation? Or have they already mentally retired and thrown in the towel?
This droning silence is actually deafening because it shows the entire intellectual state of the #EuropeanUnion. The real cultural and economic elites are silent about all this, and about the progressive erosion of our privacy and individual liberties. Large parts of the economy are, shall we say, incentivized to silence by the European subsidy machine...

2025-03-21 08:08:54

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You will be the first to do so in this country🤣

2025-03-20 11:39:23

The #EU's crocodile tears over #US #tariffs are hypocritical. Brussels is the world champion when it comes to eliminating free trade with harmonization rules, regulations and climate bs. The EU removed the word #freetrade from its vocabulary a long time ago.

2025-03-18 07:21:24

Restructuring of the German economy continues
The German automotive group Audi has reached an agreement with its trade union to cut 7500 jobs in 2029. This will primarily affect the administration and development departments.
https://cdn.nostrcheck.me/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/d2a0fc8e3af566664be4c344259097594d59a10ffa414d273c51510b0032293c.webp
The core industry of the German economy is thus making room for additional capacities in the armaments industry, after the armaments company Rheinmetall has already announced that it may be able to use the capacities freed up by Volkswagen to expand its tank and drone production there. Instead of relying on the healing effects of a return to the free market, the European Union is now relying on a multi-billion-euro loan program to fill these capacities with a keynesian-type armaments program and build up its own military-industrial complex. Good luck with this impoverishment program for the population!
A side effect is the ever deeper involvement of political actors and institutions in the private sector, which opens the door to serious corruption. Once installed, such a military complex holds the destructive incentives in its hands to seek out the foundations for kinetic conflicts and to realize them politically.
https://www.reuters.com/business/autos-transportation/volkswagens-audi-cut-7500-jobs-administration-development-by-2029-2025-03-17/
#EU #germany #audi #economy #news #nostr #gro no Str

2025-03-18 06:01:08

GM,
‘‘Gold tests with fire, woman with gold, man with woman.”
(Seneca)
https://cdn.nostrcheck.me/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/3e955ad3bc4c6cc84c8fe0bc9bd6d9a191287afbee3f134bbddc80928b040852.webp
#gm #nostr #grownostr

2025-03-17 20:06:15

Can I laugh, or is it too soon? #nuclearpower #energycrisis #wef #germany #eu #economy https://cdn.nostrcheck.me/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/27827fc87a33c6715007bd78120e3a45b0eb458e0af520ac7d3afe00ae993993.webp

2025-03-16 11:52:09

For the time being, the bond market is saying 'Njet' to the immense debt plans of the incoming German government. Germany's creditworthiness is in for a revalorization if it really wants to saddle itself with around one trillion euros of new debt over the next four years, which would take the country into French territory.
https://nostr.download/2dbf9a016bc4e796c30ef666755c781ba4fbbd5e2110286981ead0249d8a31c3.webp
The real interest rates on ten-year German bonds already show where the journey is heading and politicians will soon be confronted with this reality: either yield curve control, leading to the debasement of the euro, or the bursting of the gigantic debt plans and thus the planned governing coalition, which would be held together solely by new debt.
#eu #germany #bonds #debtspiral #inflation #bitcoin #economy #nostr

2025-03-14 06:22:51

GM,
very interesting to observe: while Christians halfway around the world are coming under pressure, suffering persecution or worse, the religious community in the world's second largest country seems to be growing steadily. The destruction of traditional local religions such as Buddhism and Confucianism by the communists may have sown the humus to help Christians take deeper root there.
https://blossom.primal.net/00736943c45c10efaaec0abdcb9a4d54ec46d6e131e17599fa4f890e8a26e754.jpg
#gm #religion #china #nostr #grownostr

2025-03-12 15:22:17

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I believe in ignorance

2025-03-12 15:12:23

The indescribable ignorance of the Canadian electorate confirms my impression that Canadians are the better Europeans. If even major events like the trucker protest don't have a lasting effect and lead to a change of attitude, all is lost.
https://blossom.primal.net/a32e50c41295a9f039983f2df9dfd90e12f69cc9a9604cbadc2b7c7f84a35cd1.jpg
#Canada #eu #globalists #wef #nostr

2025-03-11 16:12:02

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Yep

2025-03-11 14:53:22

Trump's 25% tariff hike on steel and aluminum from Canada to 50% is a welcome gift for the extreme globalist Mark Carny. He was not only Governor of the Bank of Canada, he was also Governor of the Bank of England. A true euro globalist. If you don't realize now who or what the American government is fighting here, I can't help you.
#Trump #usa #canada #wef #bitcoin #EU #nostr #tariffs #uk

2025-03-10 17:02:17

The reality of the green socialist rainbow transformation: a bicycle repair station in Germany, financed with taxpayers' money. This is the end... a retarded shithole.
https://blossom.primal.net/fbe5296cf4c90aa94bdafa8c656795b642ee685a0641cd25ac3b6ce284ac5689.jpg
#germany #eu #wef #nostr #communism

2025-03-08 20:01:46

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It won't work as people in the south won't accept it. But there is a chance that this could trigger panicking and capital flight and the next euro crisis. They have no idea what they're doing. What I hear there is already a wave of capital on the run

2025-03-08 19:39:27

Eurozone: Is The CBDC Coming in October?
While the americans clean out their globalist-infested policy stable and declare Bitcoin a strategic state reserve, which will pave the way for accelerated adaptation, the eurozone Europeans, led by their central planners in Brussels and in the Frankfurt tower of the European Central Bank, are moving ever faster towards a total state, with surveillance money and fiat credit explosion.
ECB President Christine Lagarde, a top functionary with a criminal record and chief central planner on duty, has now announced her intention to introduce the Euro CBDC, and with it the end of private sovereign transactions, as early as october this year.
This money is likely to have an expiry date and be earmarked for a specific purpose if the central planners have to enforce their preferences (climate policy, exclusion of uninvited individuals such as the trucker demonstrators or lockdown opponents).
It is sheer panic, triggered by the US withdrawal from the Ukraine credit pump, that is now leading to drastic coercive policies. So in the short term, expect capital controls and tougher measures against any form of dissidence against the disaster policies that will usher in the final chapter of the European Union. Bitcoin becomes the little man's escape route.
https://blossom.primal.net/3d84e3ac784ebe17c9cb5fcfca2b86b31d251710e718a4a77f00f0c70369e433.mp4
#eu #ezb #cbdc #news #bitcoin #nostr #usa #trump #plebchain #euro

2025-03-06 14:35:22

Let the fiat games begin. Who will be the pin on the fiat credit balloon? Japan, England, possibly France? In my opinion, England is the hot favorite. The Japanese will always get usd swaplines to support them from the federal reserve. They are the strategic partner of the US in the Pacific.
#bitcoin #fiatponzi #debtrisis
#nevent1q…sr2x

2025-03-06 11:36:17

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Gm. Let's fight for peace

2025-03-06 11:00:02

Germany’s Auto Sector Sputters as Defense Industry Roars to Life
Germany is steering away from its storied car manufacturing legacy and barreling into a new era of military credit-based (of course) spending. I don't want to refer to Germany's fatal history in the first half of the 20th century at this point as the pointe writes itself: same players, same story telling, same enemy, same reaction as state propaganda now is running 24/7: Russia Russia Russia - we finally found the scapegoat to lever up our debt and pump european credit into orbit.
https://files.sovbit.host/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/6d85104772a1c557957f14ef9a53b9098f6bbc0d96c02a49b157f63b326aaf5e.webp
Meanwhile the bond market says 'no' to Madame Fatale Europe and is selling the hell out of EU bonds while London's and Swisse's Gold is escaping like always if there's danger in the air toward the save haven no.1: the US.
Back to the war-inspired protagonists on the old continent (does it have dementia? Are they going full Biden alltogether?). As the continent braces for an unprecedented rearmament push, defense titans are siphoning talent and resources from a crumbling automotive sector, betting big on tanks and missiles over sedans and SUVs.
Rheinmetall, a heavyweight in the arms game, has begun a bold pivot, converting two shuttered auto parts plants into sprawling hubs for weapons production. Meanwhile, sensor specialist Hensoldt has poached 200 skilled workers from the beleaguered ranks of Bosch and Continental, both reeling from a brutal market downturn. The moves signal a stark reality: the skills that once powered Germany’s carmaking juggernaut are now being redeployed to forge instruments of war. Producing military goods with made-up fiat credit will only grow two things: inflation and the public debt trap that now comes into sight, even if You're ideologically a blind rent seeker.
EU 'leaders' now rally behind a colossal €800 billion military spending blueprint, with Germany’s freshly minted government earmarking a staggering €500 billion to bolster its defenses. The cash infusion has sent defense stocks skyrocketing, while the auto industry—once the bedrock of Germany’s economy—languishes in a ditch. The grim irony: as car production stalls, the machinery of conflict may just be the spark to reignite Germany’s economic engine. Back to the good ol' days, huh?
You may ask Yourself: Can a nation so deeply rooted in precision engineering and consumer exports thrive by trading assembly lines for battle lines? I would give it a clear 'NGMI'! For now, Germany’s industrial giants seem ready to roll the dice, wagering that the future lies not in horsepower, but in firepower. For now.
Germany, and by extension the EU, is doubling down on a classic Keynesian playbook—pumping debt-fueled state demand into the economy to paper over a self-inflicted structural slump and productivity malaise. But leaning on the old crutch of the arms industry as a lifeline won’t deliver salvation. What’s left in the wake will likely be towering debt piles, a hollowed-out private sector, and a market littered with goods consumers didn’t ask for and won’t buy.
Source: Reuters
#Germany #Economy #Defense #AutoIndustry #EU #bitcoin #nostr #MilitarySpending #Rheinmetall #KeynesianTrap #Euro #News #ukraine #usa

2025-03-05 18:21:06

The global money supply M2 is often used as one of the more important price indicators and predictors of Bitcoin. If you look at the massive movement, I think you can say that the bottom is in.
https://files.sovbit.host/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/34154b12e5949e34ce4325358bb9d5dabb3aed34d797d0cf3dc6bfd31bf56849.webp
In addition, on a geopolitical level, the Americans are engaging in massive on-sharing of capital, which could encourage pro investors and private investors who are more interested in Bitcoin to turn to BTC again. Money, it is fair to say at this point without sounding cynical, is simply better off in the hands of Americans than Europeans.
#bitcoin #btc #m2 #nostr

2025-03-05 12:24:21

Euro: Brussels falls into the trap
Following the strategic withdrawal of the USA from Europe, the Europeans are falling into a trap and are immediately starting to prepare a massive debt-financed defense budget that will lead them down the path of common national debt within the European Union. In their stalled thinking, they do not realize that the markets are already reacting and selling off European government bonds on a massive scale, which will force the European Central Bank to adopt an interest rate control policy. Like blind chickens, they are falling right into the trap that the Americans have set for them. The euro is already history, it's a zombie that can dance a little longer.
https://files.sovbit.host/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/5df3a60e36c719180f2cdfa5331463d2f0b6ed4b691c486baf2ddc7840b4f87f.webp
#europe #eu #usa #trump #bitcoin #news #nostr #economy #euro #ecb

2025-03-04 08:28:22

New Fiscal Fiasco In Germany: Could Political Incompetence Finally Force Peace?
It didn't take long for the ripples caused by Vladimir Selenski's bizarre appearance in the White House to reach the old continent again. In a hectic emergency meeting in London, the leaders of European politics tried to demonstrate their unity and their will to continue the Ukraine project, whatever the cost. At times, it was like watching half-strength men playing with their muscles - somewhat bizarre and ridiculous, but not unfunny if it weren't a matter of life and death.
https://files.sovbit.host/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/4a9d0139ce379c7b9eeee81fac464f8bbd41235f18c06a76daf64ca943a209ad.webp
It was just over a week ago that the Germans re-elected the Bundestag after the collapse of the government a few months ago, and it quickly became clear that a coalition of familiar forces would be needed to keep the German globalists' mortal enemy, the AFD, out of business. And so the new Chancellor of the CDU, Friedrich Merz, will forge a coalition with the Social Democrats, as quickly as possible, and continue what they had started: the joint action against Putin's Russia.
It only took a few hours for Merz to announce immense new borrowing to expand the country's defense budget to possibly up to 600 billion euros in the coming years. Money that the eurozone's largest economy does not have, after having shot itself in the head several times economically. Just think of the war against the automotive industry and the phase-out of nuclear power, as well as the sanctions packages against Russia, which have left the German economy lagging behind.
Germany’s prospective black-red coalition is staring down this self-inflicted financial abyss. Sources close to the negotiations between the Union (CDU/CSU) and SPD reveal a staggering budget shortfall—between €130 billion and €150 billion—projected through 2028. Federal Finance Minister Jörg Kukies (SPD) dropped this bombshell during Friday’s exploratory talks, according to insider accounts confirmed by multiple outlets. The figure paints a grim picture of a nation teetering on the edge of economic ruin. Friedrich Merz, who campaigned on a promise to audit the federal books, must now wish he’d never peeked under the hood. What he found was worse than anyone dared predict: a fiscal mess so severe it’s rattling the foundations of Germany’s economic reputation. The numbers don’t lie, and they’re screaming a warning—Berlin’s balance sheet is bleeding red, and the coalition’s ambitions may drown in it. This isn’t just a hiccup; it’s a structural collapse years in the making. Analysts point to unchecked spending and systemic strains, though the talks remain tight-lipped on specifics. For now, the coalition hopefuls are scrambling to plug a gap that threatens to swallow their agenda whole.
This brings us to the Punch and Judy show and the team photo of the mimetically embarrassing group meeting in London. There, the two new strong men of Europe, Emmanuel Macron and host Keir Starmer, unceremoniously relegated the German Chancellor Olaf Scholz to last place, just to say: if you can't pay for anything, then you won't take part in the future big-man games!
Everyone knows that, with the possible exception of Poland, no other European state has any military power worth mentioning. They are all small shadows of their former selves, rotten economies with weak fiscal chests that have saved their shadow armies from the Cold War under the protective umbrella of the Americans, who are now withdrawing. But obviously no one in Europe has read this memo properly, otherwise how could this meaningless talk of boots on the ground in Ukraine and massive support for the country be understood? The Europeans will soon have to deal with completely different problems, migration policy, economic and security problems, and the Ukraine project will very quickly fade into the background. But to this day, no effort at diplomacy with Russia can be seen. It is a complete denial of reality among the so-called political elite of the old continent.
Let’s call it what it is: Germany’s fiscal implosion is a twisted stroke of good fortune for a continent on edge. For years, Berlin’s shot itself in the foot—wild spending sprees, an open-door rush into social welfare, and an economic self-sabotage that historians will marvel at in disbelief. This €150 billion chasm isn’t a glitch; it’s the bill coming due for a nation that’s been running on fumes. This economic seppuku might just douse the war drums thumping across Europe. With Germany’s credit rating poised to tank—hello, France’s shaky tier—the markets won’t stomach funding big kinetic wars or military gambits via the money printer. Hyperinflation would shred the euro before the first tank rolls. So, while Germany’s elites scramble to salvage their coalition, the rest of us might dodge a bullet. Economic chaos? Sure. But a quieter continent...
On a meta-level, a kind of war-weariness is taking place, which has demographic reasons and is based on the general decomposition of every form of patriotism. For decades, the radical left has successfully rooted out any form of traditional patriotic thinking from the minds and souls of the people and it will not be possible to activate them once again for a proxy war of the globalists from London and Brussels. No one in their right mind will fight for 15 minute cities, cbdc control money or forced vaccinations and total media control. The game is over!
#economy #eu #germany #debtcrisis #ecb #bitcoin #nostr #grownostr #plebchain

2025-03-04 05:54:16

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Bon giorno

2025-03-02 17:00:39

#Trump re-activates the bull with a bullshit #shitcoin tweet. I find myself still on the same planet, ruled by bullshit narratives and shitty story telling. I think I will return to my bullshit media shitposting job if this is the level of shit talk we're confronted with....
Stack Sats....
#bitcoin #nostr

2025-03-02 15:17:08

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In short: Schacht introduced the so called 'Rentenmark', backed by land and industrial assets. In 1924, it was replaced by the Reichsmark again, which Schacht further stabilized through monetary reforms, including pegging it to the gold standard and implementing strict fiscal policies.

2025-03-02 13:49:53

Hjalmar Schacht: Hitler's Fiat Banker
The military resurgence of the German Reich after the defeat of the First World War and the catastrophe of the Weimar Republic is one of the most astonishingly fatal events of the 20th century. Millions upon millions lost their lives after the resentment-driven German people rose again militarily from the ruins of the Treaty of Versailles. In charge of financing the gigantic German war machine was an economist and intellectual who was not initially suspected of harboring nationalist or even extremist thoughts: the president of the German Reichsbank at the time, Hjalmar Schacht.
https://blossom.primal.net/b1a5787ceaf6de17a83564b647307108edfe8122bf080439124942f416d00872.jpg
Born in 1877 in Tingleff, in northern Germany, into a middle-class family, the economist turned himself into a top banker, starting out at Dresdner Bank and making decisive reforms at the height of the hyperinflation of the Weimar Republic. It is all amazing what happened later, considering that Schacht was a founding member of the ddp party, a social-liberal grouping that had no connection whatsoever towards the resentment driven extremist groups that lateron brought Weimar to its kneed.
https://blossom.primal.net/4162d00ef823f524b05688b7573c44148d17e8f52ec8af6ceb04c7f27ee77688.jpg
Was it the plundering by the Treaty of Versailles that radicalized this man from the middle class of society and put him on the path of Adolf Hitler or was Schacht nothing more than the typical successful careerist and political hanger-on who recognized the opportunity and took advantage of it?
https://blossom.primal.net/0eeb138a1354a62e8290b74e23c3f9fbe3d3ae4cefbb0f2215afebbac9976225.jpg
After Hitler’s ascent, Schacht was reappointed Reichsbank President (1933–1939) and named Minister of Economics (1934–1937). He engineered Germany’s economic recovery through innovative policies like the MEFO bills, which secretly financed rearmament, and public works programs that reduced unemployment. However, he clashed with Hitler and Hermann Göring over excessive military spending, which he believed destabilized the economy and violated the Treaty of Versailles (!!).
https://blossom.primal.net/2ef8a4dbad4a8db6348c0f4966c85602cd810384fbeeb9f24610e2596dd90f89.jpg
These tensions led to his resignation from the Reichsbank in 1939 and his dismissal as Minister without Portfolio in 1943. Of course, if you let the money printer run hot, things turned out as they had to: with the start of the Second World War and the invasion of Poland, Germany was faced with insolvency and hyperinflation, once again, which is why the Nazis consistently sought the gold reserves of the subjugated states first.
Schacht’s relationship with the Nazi regime soured further as he opposed Hitler’s aggressive policies. In 1944, after the failed July 20 assassination attempt on Hitler, he was arrested by the Gestapo for alleged contacts with the resistance and interned in concentration camps, including Ravensbrück and Flossenbürg.
https://blossom.primal.net/f6ccfafa54f82b35d909fe541a5f7dbccac5aacb26ec039b286d4f915938d63b.jpg
Liberated in 1945, he faced trial at Nuremberg but was acquitted in 1946, as the tribunal found insufficient evidence tying him to war crimes. German denazification courts later sentenced him to eight years in prison, but he was released in 1948 after an appeal.
Post-war, Schacht founded a private bank in Düsseldorf in 1953 and advised leaders like Egypt’s Gamal Nasser. A prolific writer, he authored 26 books, including The Stabilization of the Mark (1927) and Confessions of "The Old Wizard" (1956). Known for his high intellect—he scored 143 on an IQ test at Nuremberg—Schacht remains a controversial figure, celebrated for his economic genius yet criticized for his early Nazi collaboration.
This video from 'Slice Full Doc' takes an interesting look and angle at the events surrounding the Reichsbank before the second world war: https://shorturl.at/38ZmD
#history #schacht #hitler #germany #weimar #fiat #ww2 #bitcoin #nostr #grownostr #nostrlearn

2025-03-02 11:47:37

Çatalhöyük: The First Whisper of Cities
Archaeology is the science that explores our roots and shows us the path civilization has taken. Catalhöyük in Anatolia is considered to be one of the oldest known city foundations, alongside sites such as Jericho and Ur, and possibly the oldest of all urban settlements of mankind.
https://blossom.primal.net/9377d6293c3c458e57c7b555f710b775cd24ab29508deea101d605582872f8e2.jpg
Çatalhöyük just seems a smear of mud and bone, born around 7500 BC, maybe long before. Excavactions show there where no streets, no plazas or market placed, just a heap of homes mashed together like clay clenched in a fist - like a gigantic beehive. Roofs were the roads, ladders dropped you in, and the dead slept under the floors. They feared the ancestors, but did not want to be separated from their good spirit. This was rawer than first mesopotamien settlements like Ur or Uruk, it was quieter, the first stutter of humans piling up to stay.
https://blossom.primal.net/f1015099f9f27daf3626e249c3cf69c2ba543f209a0905187a5e7852cd60cfac.jpg
Walls of sun-baked brick, so tight you could hear your neighbor breathe. No doors—just holes above, spilling you into dim rooms with hearths flickering. They painted bulls on the plaster, wild and red, and tucked skulls into corners like keepsakes. Up to 8000 souls lived here, not roaming, not scattering, but rooted. They grew wheat, herded sheep, traded obsidian sharper than flint. It wasn’t chaos - it was a knot, tied by need and something deeper.
https://blossom.primal.net/f1015099f9f27daf3626e249c3cf69c2ba543f209a0905187a5e7852cd60cfac.jpg
Society here wasn’t loud with hierarchy. No palaces, no thrones - just families, equal in their huddle, was it a clan-dominated cooperation that gave society stability? It's probable. Archaeologists find no grand tombs or hoarded gold, just shared spaces and tools. Power, if it existed, hid in the quiet - maybe in those who knew the seasons, who led the hunts, who painted the walls. Women and men worked the fields, wove baskets, shaped clay (we all know the wonderful legend that in the end the cultivation of grain, which was necessary for brewing alcohol, led to man becoming sedentary). Burials show little difference - bones wrapped in cloth, tucked beneath floors, equal in death as in life. It’s like they ruled themselves, a community stitched by survival, not scepters.
https://blossom.primal.net/a440fe58e89355d71f3ec60e65902004c88accb1f71717659b2e0f900ea84a06.jpg
The economy was agricultural-based. They farmed emmer wheat and barley, grinding it into bread with stones. Sheep and goats grazed nearby, giving meat, milk, hides. But obsidian was the pulse — black glass from volcanic hills, traded far beyond the plains. It cut cleaner than flint, and Çatalhöyük sat on the route, swapping it for shells, flint, ideas. No coins, no markets - there was just barter as form of exchange, hands to hands. Homes doubled as workshops; beads, tools, pots piled up beside the hearths. Food wasn’t scarce—grains stored in bins, bones tossed in middens. They had enough to settle, to paint, to pray.
https://blossom.primal.net/c7bc19a6bfcb84cc9c4bdbe8dde8a8d3dd78e13f7bb6c4ef66d586107b372442.jpg
And what about Safety? Walls block wolves and raiders. Warmth, too, with fires and bodies pressed tight. They buried their dead beneath them, keeping ancestors close, not cast out. Shrines rose, plastered with horns and art, whispering of spirits they couldn’t name. Staying put had weight—literally, in the bones below, and spiritually, in the bulls above. Çatalhöyük isn’t grand. No ziggurats, no wheels. Yet it’s the seed —before Jericho’s walls, before Sumer’s tablets. A city not because it roared, but because it held. People stopped wandering, started stacking, started marking their place. From that cramped huddle came the itch to settle, to grow, to last. The archaeological excavation field will probably offer generations of archaeologists and us the opportunity to keep discovering new things from this bygone era. Çatalhöyük didn’t know it was first. It just was.
A short video by 'History with Cy': https://shorturl.at/3spr1
#History #Çatalhöyük #HumanRoots #Neolithic #Civilization #FirstSettlers #Nostr #Nostrlearn #Bitcoin #EarlySociety

2025-02-28 19:04:36

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To me the origin is London

2025-02-28 18:48:42

Wow, soon #UK and #EU need to fight their own wars?? Respect, USA! We need to teach them a lesson in responsibility.
#nevent1q…fysv

2025-02-28 09:08:52

If I had not been active in German politics for many, many years as a media consultant, I would not believe this turn for the worse. Germany has fallen further than almost any other country today. #eu #germany #1984
#nevent1q…w40v

2025-02-27 07:04:05

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Good morning, kali mera,
wonderful. In 4 weeks I'll be back in the south of Crete. Greece is the real paradise.
Have a nice day

2025-02-26 07:59:57

GM,
Over the last 48 hours, I have allowed myself the ''pleasure'' of analyzing the German media once again, which used to be my job for over 25 years. I don't need to report on this terrible and grotesque experience in detail, but everyone knows what has happened since 1968: the ultra-left has successfully completed its march through the institutions and into the media. Everything is infiltrated with the infantile and ethically disenchanted, radical left-wing and corrosive ideas that know only one target vector: bourgeois society!
https://blossom.primal.net/7f04c66a8a3b4cff21772e6c7e6cb302e70fb0982c3773190a0059297fc1249c.jpg
Their immense success was reflected in the growth of the bureaucratic welfare state, which is a kind of front organization of left-wing parties and whose growth has only one goal: to bring as many people as possible under control in order to weaken the bourgeois forces striving for freedom and autonomy.
In their shrill triumphal procession, however, the left has made a crucial mistake. They have forgotten a perfectly valid point on their agenda, their founding myth of the industrial era, that of discusing the temporarily emerging poverty of the masses, which libertarians would fight with the means of the free market and personal responsibility. This has been the focus of their ideology and their political aspirations, it has been their natural political battlefield on which their were nearly unbeaten.
But success makes you sluggish. Physically and intellectually. In their sense of triumph and superiority, they have driven the wedges into society that we have come to know as gender politics, DEI, ESG or green rainbow Stalinism, thus discrediting themselves intellectually. The great awakening on the conservative side has begun and Donald Trump's administration is showing that it has understood what needs to be done now: they must begin the long march through the institutions, right into the media, just as their left-wing counterparts once successfully did. This will not happen without massive resistance, as we know from the 1970s and 1980s, but it will lead us in this direction and will certainly give us libertarians repeated opportunities to weave our points into the fabric of conservative politics.
We are facing a serious process of transformation, the resurgence of bourgeois values, the bourgeois family, and all of this is taking place against a backdrop of the highest levels of national debt and progressed implementation of the basic principles of a socialist economy, which has severely damaged the economic fabric of the West. All of this will be accompanied by the sudden bursting of left-wing green dream bubbles and the fall of the illusion of social security, provided by an overstretched welfare state. Millions chained into state subservience will see the narrative of the last 10 years, the man-made climate change, the pandemics that are supposed to sweep us away, senseless wars that are nothing more than money laundering and credit pumping, shatter before their eyes.
In these moments of emerging frictions, of breaking narratives and illusions, we libertarians must offer our civilizationally superior tools, transplant them into the zeitgeist to achieve at least a modicum of progress. Implementing the entire libertarian agenda is more than illusory in view of the behavior of the masses, who will grasp at any straw that promises them a sip from the milkshake of warming collectivism.
We must succeed in describing a path of evolution in our society, at the end of which social progress is also characterized as the emergence of individual dignity and independence as something that is more than just the acquisition of new purchasing power: it is the victory of personal dignity over the lowlands of the collectivist herd mentality.
#culture #USA #Trump #EU #wef #sozialismus #ökonomie #nostr #bitcoin #plebchain #grownostr #germany #gm

2025-02-25 11:29:25

This political division of Germany also applies to the entire character of the people, who do not seem to have grown together since reunification. After 1990, Germany should have taken a radical turn towards a liberal, market-based society, but it did not, and is now reaping the rewards of a severe domestic political crisis as a result of the overall dynamic promoted by green-socialist centralism in Brussels. Germany shows no willingness to acknowledge its own mistakes in migration, energy and industrial policy and is digging its own grave. #germany #eu #wef
#nevent1q…400f

2025-02-23 17:06:47

German Elections, first prognosis (as I said: good night, Germany. Was fun as long as it lasted)
CDU 29% SPD 16% Gruene 13.5%
AfD 19.5% Linke 8.5% FDP 4.9% BSW 4.7%
#germany #germanelections #wef #socialism

2025-02-13 12:24:04

The Buddenbrook Syndrome: Cycles of Rise and Decline in Bourgeois Families
The individual genesis of bourgeois families often follows a pattern as predictable as the rise and fall of empires. Thomas Mann's "Buddenbrooks" masterfully captures this cycle, known as the "Buddenbrook Syndrome." This syndrome is not merely a literary device but a reflection of the lived experience of families who have scaled the heights of economic and social prominence, only to witness their own undoing through the very forces that elevated them.
https://blossom.primal.net/2945efe64470a90aae8622cd592b09aad89aa40ffeba6a458275b7ed0f9708aa.jpg
The Cycle of Ascendancy
The first phase of this cycle is marked by an almost ruthless ambition and industriousness. Here, we see the founders of the family, those who are often the first generation to break away from the constraints of traditional work or agrarian life. They are driven by an insatiable hunger for wealth, status, and legacy. In "Buddenbrooks," Johann Buddenbrook epitomizes this with his establishment of the family's grain business, reflecting the era's entrepreneurial spirit. Like him, they forge strategic alliances, often through marriages devoid of affection but rich in economic benefits. The energy of this phase is palpable, characterized by innovation, hard work, and a keen eye for opportunity. The drive here isn't just about personal gain but securing a future for generations to come.
https://blossom.primal.net/921ed7edad81b2ed759205c792619882d0b4c37d2a8564ada22ea2e4bf6599c9.jpg
The Zenith of Influence
As we move to the second cycle, the family reaches its zenith. The wealth accumulated by the founders is now a given, and the family enjoys considerable social influence. In the novel, Thomas Buddenbrook represents this phase with his involvement in politics and society, hosting lavish parties and supporting the arts. However, this period also sows the seeds of decline. The focus shifts from wealth accumulation to its enjoyment. The drive that propelled the family to greatness begins to wane; the heirs might not possess the same vigor or business acumen. There's a gradual shift towards comfort over expansion, stability over risk, and a cultural richness that masks underlying economic inertia.
The Descent into Mediocrity
The third cycle is where the Buddenbrook Syndrome becomes most evident. Here, the family begins to lose its grip. Wealth is still present, but the drive to maintain or increase it diminishes. Christian Buddenbrook, with his hedonistic lifestyle and lack of interest in the family business, exemplifies this shift. The second or third generation might indulge in the arts or philosophy at the expense of the business. There's a sense of entitlement; the world, once conquered by their ancestors, now seems to owe them a living. Decisions are made based on tradition rather than market needs, leading to stagnation. The once-dominant family name starts to fade into the background of societal memory.
https://blossom.primal.net/c1015b97c2fdf82334dd6dd119de11d7c0b014221661315712842b7b0342c0b7.jpg
The Inevitable Fall
Finally, we arrive at the cycle of decay. The family business might falter or fail, estates are sold, and the once mighty name becomes a shadow of its former glory. In "Buddenbrooks," we see the decline through Hanno Buddenbrook, the last in the line, who is more interested in music than business, symbolizing the family's disconnection from its mercantile roots. The reasons for decline are manifold: external economic pressures, internal family disputes, or the natural entropy where subsequent generations cannot relate to the founding ethos. The phase often culminates in the dispersal of the family's assets and the dissolution of its social standing.
Reflections on the Buddenbrook Cycle
The Buddenbrook Syndrome is not just about economic or social decline but also about the philosophical journey from striving to satisfaction, from creation to consumption. It serves as a cautionary tale about the dangers of complacency, the erosion of values over generations, and the transient nature of human achievement. The story of the Buddenbrooks is a mirror to the human condition, illustrating how the qualities that build empires can lead to their unraveling.
In many ways, this cycle is a microcosm of broader societal shifts where the pursuit of material success gives way to a quest for meaning or, conversely, to the decadence that comes from unearned wealth. For those who study these patterns, the Buddenbrook Syndrome is a reminder that every peak has its trough, and the art of maintaining legacy is as much about adapting to change as it is about preserving history.
Here You find a 'LibriVox' audiobook of 'The Buddenbrooks' by Thomas Mann who gained the nobel price for this classical work of art he wrote at the incredible age of 23!
https://youtu.be/NNUgd_AsTIs?si=FboxvYaZ1NhmgSYt
#culture #nostrCultures #nostr #nostrlearn #economy #bitcoin #plebchain

2025-02-11 09:09:28

Next Selected German Chancellor Merz Refuses Cooperation With AfD
GERMAN OPPOSITION LEADER MERZ IN A SPEECH TO PARLIAMENT: COLLABORATION WITH THE AFD IS OUT OF THE QUESTION FOR US.
https://blossom.primal.net/1017b17c1b2af20fcc5cfa82e3021f991376e0b132680debfe763910c704d20f.jpg
This is bad news for all those in Europe who are counting on political change. The iron curtain of the WEF bloc parties of green rainbow Stalinism is closing. A good piece of advice to all those Europeans who still don't want to admit that things are going down the drain, but feel that the train has long since derailed: at least free yourselves individually, use access to Bitcoin to protect yourselves and your families from what is coming, an active expropriation. Politically, the Europeans are not prepared to return even a millimeter to reason, they will continue on the course they have taken and rob the economic resources that ensure their continued survival until these too dry up.
#europe #eu #germany #socialism #wef #Davos #bitcoin #nostr #plebchain #cdu #merz

2025-02-11 05:44:07

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Getting rid of Ursula and the other central planners

2025-02-09 16:11:36

US tariffs against the EU could finally dismantle the subsidy machine
The Eurocommunists from Brussels, London and Davos could only maintain their illusionary bubble of climate change and green transformation with the cheap money of recent years, ZIRP and cheap credit in the euro-dollar market. The entire Keynesian large-scale intervention of the central planners lived from collateralizing values that would basically have no creditworthiness in a free market, such as government bonds from southern Europe.
This interventionist centralist madness has plunged Europe into an economic disaster but can now be destroyed by the customs policy of the USA. With SOFR the US capital market has been freed from Libor and the credit manipulation of the City of London, with the run-up in interest rates the Federal Reserve has played its part in damaging the money-printing machine in Europe and now an offensive customs policy by the Americans can achieve a further blow to the money machine in Europe, by reducing the inflow of US dollars from the European trade surplus with the US, which European central banks are using to buy US government bonds on an ever-increasing scale to keep the interest rate differential between the US and Europe from widening too far and triggering a capital flight.
Capital is already flowing from Europe to the US and this would be the final blow that is still missing to free Europe.
#eu #usa #trump #europe #usd #euro #fed #bitcoin #nostr #plebchain https://blossom.primal.net/fd3e07a2e6ec8a1df221e7ca33cc38034fdee06acb2d3befd2e1a34038440e0c.jpg

2025-02-06 18:54:58

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Coffeine is stronger than we think. And I am a coffee fanatic

2025-02-06 18:16:07

By phasing out nuclear energy, Germany has confirmed the suspicion that it wants to become a colony of political ideologues, socialists and idiots. They are well on the way to achieving their goal. #germany #economy #recession #eu #nuclear #nostr https://blossom.primal.net/ac6b0e186dd7f45c7bb4d115d2a0474454d2d2594155d4b90b4b3268c81bbd01.jpg

2025-02-06 17:16:13

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Really: try to stop it tomorrow just for one day. I had 3 days of mild cold turkey and terrible headaches

2025-02-06 16:40:57

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Bring it down. I was on this level for 20 years. Have some tea, You'll feel better after some days

2025-02-06 10:50:29

GM,
Friedrich Nietzsche: “Never trust a thought that occurs to you indoors.”
Have a successful and great day, and spend some time outdoors whenever you can.
#bitcoin #gm #nostr #plebchain #grownostr
https://blossom.primal.net/b58a3289c244b17a8bee666fe5dfd1ebd895f4c4271bef1d3a2592293250146a.jpg

2025-02-04 09:25:52

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2025-02-04 07:56:01

GM, everyone.
Someone please tell me these government parasites can't be this stupid. They really do live in this world of governance, control and 'human management'.
#chuckschumer #usa #socialism #irs #bitcoin #nostr #plebchain #doge https://blossom.primal.net/d30ae41a0d0147a215e2ef29fc30d47a18468e603777b4f32423381133335fbf.jpg

2025-01-31 07:37:06

GM,
yesterday the European Central Bank made it clear where the journey is heading: credit will be made cheaper, the gigantic and ever-widening holes in state coffers and social security funds will be filled with freshly printed coins.
The Americans will increase the flight of capital from Europe through their economic comeback, relatively higher interest rates, lower taxes and regulation. This economic comeback, which will soon be reflected in the PMI in industrial production, will reinforce the economic catastrophe of the European Union and the eurozone in particular.
So European savers, especially Germans, be warned: times are getting gloomier and you need to actively look after your purchasing power. You are sitting on an ice cube that is melting faster and faster.
#EU #Europe #USA #bitcoin #nostr #grownostr #plebchain #economy https://blossom.primal.net/616d5f110125a3f22f47a3fcd66a216d7946e0ae827b72b5e71fdb1f5e1f1955.jpg

2025-01-30 16:36:46

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Time to bring the regime of leftist witches down...

2025-01-29 21:19:14

#lol #nostr https://blossom.primal.net/2cd0b44407107fdae4bea721db3e67435f4ca2e6ced59957b372a5d09b2d917e.jpg

2025-01-28 22:37:25

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Damn, now You opened another rabbit hole.....

2025-01-28 22:03:49

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Wow, interesting. So his Dacian war had an emotional impact on him for sure?

2025-01-27 12:57:32

The wealth tax is a popular recipe for politicians of all stripes. It always comes into play when you have so fiscally overstretched your own vote-buying through political programs that you can no longer think of anything. And it always fails and it is destructive because it systematically destroys the foundation of our civilization, the right to private property. #wealthtax #socialism #Norway #bitcoin #nostr https://blossom.primal.net/7e15b91a6e9ff53040d8a9474cef67f084ef6df849e903ba3690c2f01a3ab525.jpg

2025-01-26 10:57:36

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Weird guy

2025-01-26 09:06:38

GM, I don't know which of you followed the drama surrounding Frrd Krüger (@dotkrueger) on X. Now it seems he has put a chipcoin into the world and ruggpulled his followers. All I can say is how calming and objective the bitcoiner scene is here on Nostr... stay true to the line. #bitcoin #nostr https://blossom.primal.net/7964ba9388f38a9bd05b67c0f7d6fdb7b0895fc20c285abdc998ec5a7c4ab580.jpg

2025-01-25 16:52:10

The speeches by Trump and Milei in Davos have shown that the globalists are slowly coming to an end and losing their power. The crisis in some EU states is proof of this. But they will not go down in history without greater vandalism! #wef #davos #climatescam #socialism #nostr https://blossom.primal.net/faf45e69ba2998a95bbb8ae818cbc8c32937c1918b26914e32a440400277dc04.jpg

2025-01-25 16:45:26

These Eurocommies really do live in their own bubble. They actually think that talented young Americans will voluntarily sacrifice their economic future in #USA in favor of the regulatory and tax hell that is the #EU! Ridiculous. https://blossom.primal.net/3c824acc475ce5fc1fda2db2f5e2a5f3cf4b5ba07c133d31e8b23d1f9b0d99fc.jpg

2025-01-24 16:45:51

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De nada

2025-01-23 11:36:40

Can we please get back to creating such architecture and art and eliminate waste from our cities? #Renaissance #meritocracy #art #nostr #fiat #fiatart #nostrart https://cdn.nostrcheck.me/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/e37af85adc5c29ce13064eb36074bfe24f84a9ea422c1c2d2f5e084b0da592a4.webp https://cdn.nostrcheck.me/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/379c21a75c1feac18a207fb56bde1995d07412d0b7d6e666290d2f47ddd4a147.webp

2025-01-19 14:52:37

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I'm looking at how the Europeans are going to start brutally choking off the capital flight that will start if Trump really does massive de-regulation

2025-01-19 14:51:22

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Same with fartcoin, please

2025-01-18 12:14:53

Philosophy is not a cure for the soul.
Quite a few people make the mistake of thinking that philosophy is a kind of personal therapy for the pain in their soul. Nothing could be further from the truth. Meanwhile, the boom in stoic life guides speaks volumes and is treacherous for those who know about the millennia-old metaphysical war smouldering between us!
Stoicism, like other quietist forms such as Catholicism as a kind of theosophy, is a general tendency to retreat, a symptom of the powerlessness that pervades and overwhelms the individual in the generally defeatist psychodynamic current of his time, until he finally hides behind the already erected walls of other sufferers such as Marcus Aurelius or Epictetus. Stoicism is a symptom of cultural lateness.
#philosophy #culture #nostr #nostrlearn #stoicism #life #religion #metaphysics #grownostr https://cdn.nostrcheck.me/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/158a75404eb83e38dea748a0b12b5d34a22625749f4838f9ee3fcc8375c9c093.webp

2025-01-17 15:13:31

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Beyond stupid.

2025-01-17 12:40:22

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Who? Beck?

2025-01-17 11:39:44

A short contribution to the state of the bitcoin debate in Germany: a well-known investor and financial analyst, Dr. Andreas Beck, is of the opinion that bitcoin is exclusively a ponzi scheme that only idiots (quote) would even take note of. It is difficult to understand what has happened to the Germans in recent years, who are neither aware of the Islamic invasion nor the destruction of their core industries. But it's always like that in life: Ignorance is always punished just like boundless stupidity! Anyone in this country, and it is the majority, who still listens to pseudo-intellectuals and the mainstream media and follows their advice has only themselves to blame. They should know better now!
#Bitcoin #germany #nostr #socialism #eu #deutschland #stupidity https://blossom.primal.net/3f0dbf0a290547e67636c6256970f6f8915104cea3931e54dcac150489fc34e2.mp4

2025-01-10 09:31:02

The Pnyx: A Bastion of Democratic Zeal in Ancient Athens - With Shadows of Inequality
In the heart of Athens, where the hills whisper secrets of ancient glory, lies the Pnyx, a monument to the dawn of democracy. Imagine a time when the air was thick with the fervor of free speech, where every citizen had a voice in their city's destiny. Yet, this picture is incomplete, for it was a democracy shadowed by exclusionary practices that resonate with modern discussions on equality and freedom.
The Ideal and the Reality
The Pnyx was central to Athenian democracy, especially after the reforms of Cleisthenes around 508 BC. Cleisthenes is often credited with laying the foundations of Athenian democracy, reorganizing the citizen body to break the power of the aristocracy and distribute political influence more broadly among the populace. However, this democratization had its limits.
Who Really Could Vote?
In its most inclusive phase, only adult male citizens could vote in Athens, which, at its peak, might have constituted around 30,000 to 60,000 individuals out of a total population estimated between 250,000 to 300,000 in Attica. This means that perhaps only about 15% to 20% of the adult population had political rights. This starkly contrasts with the democratic ideal we aspire to today, where inclusivity is paramount.
The Question of Slavery and Women
Even more troubling was the institution of slavery in Athens. Slaves, forming a significant portion of the population, were integral to the economy and daily life, yet they had no voice in the Pnyx's democratic deliberations. They were explicitly excluded from the democratic process, highlighting a profound hypocrisy in Athens' democratic narrative. Similarly, women had no say in these assemblies, no vote, no right to speak. They were seen more as property than as participants in the polis's political life, a stark contrast to the participatory ethos we champion today through platforms like Nostr.
Zeus Agoraios and Hypsistos
The spiritual dimension of the Pnyx, dedicated to Zeus in his roles overseeing the marketplace (Agoraios) and the highest moral order (Hypsistos), adds another layer to this narrative. It's an ironic tribute, given that the moral order they worshipped did not extend the same equity to all. This dichotomy is a lesson for us in our pursuit of ethical standards in technology and finance, where we must ensure inclusivity.
The Mechanics of a Flawed Democracy
While the direct democracy at Pnyx allowed for open debate among eligible citizens, the system was inherently flawed. This exclusion of women and slaves from political life shows that the democratic experiment was more about who could be considered a citizen than about universal suffrage. It's a cautionary tale for those of us who seek to build decentralized systems; inclusivity must be at the core, not an afterthought.
Lessons for Our Times
The Pnyx teaches us that democracy, in its truest form, must be open to be legitimate. As we leverage technologies like Bitcoin and Nostr to challenge centralized control, we must also challenge ourselves to ensure these tools are accessible and beneficial to all, not just a select group. The problem of slavery and the lack of voting rights for women in ancient Athens serve as stark reminders of the work still needed to achieve true equality. The Pnyx stands as both a beacon of democratic ideals and a reminder of its limitations.
#freedom #democracy #bitcoin #nostr #greece #nostrlearn #history
https://blossom.primal.net/a2ae0069a0daba5fb23b2fb8d46e8d5e1aca72626fe80456a864ca81bb7fba5d.jpg https://blossom.primal.net/4b12988af5144b7cb3057fd0620c5c53ca3c279d43acb591e367484286b6409f.jpg https://blossom.primal.net/a568767552bb23fc8cde25342e60fe2bc27f398097eb410751d389d2e6c41be3.jpg

2025-01-09 20:49:53

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I am a dionysian. Here in the south that's the secret.... and olive oil thry say.

2025-01-09 20:41:20

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45? That's a lie! You need to reveal Your nutrition, sports and lifestyle secrets.
Greets from class of 1978

2025-01-09 18:42:28

Let's see how they'll be selling bail outs and massive debasement of money this time around to us. UK and the EU need Russia to lose the war so urgently to get their hands on reparations and cheap energy now. Expect more chaos, friends.
#uk #debtspiral
#nevent1q…zk44

2025-01-08 10:25:02

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I am actually in Spain and anecdotally I know 2 comps in G that are investing here in the south. You dont need a lot of cap to grow the statistical basis of the southern industry as the eurosystem kilked it all before

2025-01-08 09:56:15

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Good luck to You if You leave. Will be a great journey

2025-01-08 08:10:41

Destruction of German and French industry
The crisis in the European industry in its core regions can also be interpreted as follows: it is basically fair that, above all the Germans, have decided to give other locations such as Greece and Spain the opportunity to absorb these companies by attacking the heart of their own industry with nonsensical energy policies and over-regulation. Thank you and keep up the good work!
#germany #eu #spain #industry #bitcoin #nostr #economy #europe https://blossom.primal.net/057fac9affac9b7d7b48d9d3b6496c6931d38a084d0a90ab70ed4f08109b4006.jpg

2025-01-08 07:39:56

EUROZONE ECONOMIC SHOCK: German Industry Plunges into Self-Inflicted Depression
Germany's industrial sector has plummeted, highlighting a series of self-imposed policy blunders that have dire consequences not just for Germany but potentially for the entire Eurozone.
Recent data reveals a sharp decline in German industrial orders, with a month-on-month drop of -5.4%, significantly worse than the anticipated -0.2% and far beyond the previous month's -1.5%. This alarming figure underscores a deeper malaise within Germany's economy, particularly in its core automotive industry, which has been hit by misguided regulation and energy policies.
We see a toxic mix of regulatory overreach and a failure to adapt energy strategies as key factors behind this economic slide. The automotive sector, once a powerhouse of German excellence, now faces existential threats from both internal policy decisions and external market pressures.
The aggressive transition from traditional energy sources without a robust plan for alternatives has led to increased costs and inefficiencies. This has not only strained the industrial base but also sparked concerns over Germany's competitiveness on the global stage.
The ripple effects of Germany's industrial contraction are poised to affect the stability and growth prospects of the broader Eurozone. Without immediate and corrective action, the economic health of Europe could deteriorate further, impacting trade, investment, and employment across the region.
The Road Ahead
The German government faces a critical juncture. Policy makers must consider revising current strategies to reignite industrial growth, foster innovation, and ensure energy security. The path forward requires not just policy tweaks but a comprehensive rethink of economic priorities.
#EconomicDepression #Germany #Industry #Eurozone #nostr #bitcoin #AutomotiveSector #Energy

2025-01-07 10:15:50

The Greek Temple: Centralized Cold Storage Of Antiquity
Greek temples had an important function in the storage of state money. Temples were frequently used to store votive offerings, which consisted of valuable objects such as gold, silver, and other precious materials dedicated to the gods.
The temples served as a safe place to store these treasures and protect them from theft. Banks: There is historical evidence that temples in Mesopotamia, Egypt, Greece, and Rome functioned as banks.
Temples managed currencies and offered financial services such as loans and deposits. Temples had high credibility and trustworthiness, making them an ideal place to store state money.
Political institutions: Greek temples were not only religious but also political institutions. The temples were funded and managed by the community, and the revenues were used for public purposes such as infrastructure construction and war financing
Symbol of wealth and power: The construction of temples was often associated with great financial expense. Greek cities invested considerable resources in building magnificent temples to demonstrate their wealth and power.
Temples were a symbol of the city's prosperity and contributed to economic development.
Greek temples played an important role in the storage of state money while also serving as political and economic institutions. They were a central part of ancient Greek society and contributed to the stability and development of communities.
#nostr #nostrlearn #bitcoin #history
#culture #greece https://blossom.primal.net/0f5cab6af40ca3721e77c63922de5d6bbbf48a39c0b7f4c5d6d4e6855de20302.jpg

2025-01-04 15:43:27

We must choose our reading like our food: easily digestible, energetic and mood-boosting (light drugs, stimulating and in small quantities)!
#lifestyle #philosophy #food #nostr #grownostr #bitcoin https://cdn.nostrcheck.me/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/bc589a425d1927f2c1a954cacbc624a77581f4f3414e304a5361c5e9fc9c2879.webp

2025-01-04 13:39:57

Inventing The Globe: The Epistemological Odyssey of Spherical Existence
Around the year 1500, people suddenly began to create globes to explain the actual shape of the earth anew. What had happened here? Here we find the beginnings of what we now call globalization.
Let us take a brief look at the fundamental philosophical theses of the German philosopher Peter Sloterdijk, who in his work 'In The World Interior of Capitalism', which I would like to recommend everyone to read at this point, explores the historical and psychodynamic reasons for our present.
In the intricate tapestry of human consciousness, the creation of the globe by Martin Behaim in 1492 marks a seminal stitch, weaving together threads of inquiry, discovery, and existential reorientation. Beheim's cartographic endeavor was not merely an act of geographical representation but a philosophical manifesto, challenging the flat, insular worldview with a vision of an interconnected, spherical cosmos.
The voyage of Christopher Columbus, initially envisioned not just as a quest for the Orient, harbored a more profound ambition - to finance and launch a crusade against the Ottoman blockade of the Levant. This dual purpose of his journey underscores a dual transformation: one geographical, the other ideological. Columbus's accidental encounter with the New World shattered the medieval conviction of a planar Earth, while his underlying intent revealed the religious and geopolitical tensions of his time. This encounter, according to Peter Sloterdijk's philosophical narrative, signifies the onset of what he describes as the "terrestrial globalization" phase, where the world begins its journey from being a collection of isolated territories to an interconnected "world system".
The psycho-dynamic significance of this discovery should not be underestimated, as it practically eclipsed the Copernican revolution that took place at the same time and turned it into a kind of clerical debate in the back rooms of the Vatican.
Ferdinand Magellan's circumnavigation, completed in 1522, was not merely a testament to navigational prowess but a profound existential journey. By encircling the globe, Magellan's expedition provided empirical evidence for Earth's sphericity, yet it also inscribed a deeper narrative into human philosophy: the return to the point of origin, symbolizing the cyclical nature of existence, knowledge, and truth. Sloterdijk would argue this as the moment when the "morphic globalization" - the conceptual realization of the Earth as a globe - was fully realized, shifting from theoretical to experiential understanding.
The Copernican heliocentric model further revolutionized this narrative in the academic world, placing Earth not at the center of the universe but in a dynamic, subordinate role to the sun. This paradigm shift precipitated a crisis in the ecclesiastical and philosophical arenas, as it demanded a reevaluation of human significance and the divine order. The debate it sparked was not merely scientific but deeply theological and existential, questioning the very essence of man's place in the cosmos.
Sloterdijk's conceptualization of globalization extends beyond these historical markers into what he terms the "capitalist interior space" or "Weltinnenraum des Kapitals", where the globe's inhabitants experience a comfort zone with invisible yet impenetrable boundaries, echoing the colonial enclosures of the past but now in an economic and cultural context. This phase of globalization, according to Sloterdijk, reflects the endgame of a process that began with the first circumnavigation, where capital now circulates freely, creating a new form of imperial reach, not through conquest but through market integration and cultural influence.
From a philosophical standpoint, living on a globe has invited humanity to ponder the implications of our spherical existence on our moral, ethical, and metaphysical frameworks. It compels us to consider the interconnectedness of our actions, the shared responsibility for the planetary commons, and the philosophical implications of borders in a world where everything circles back to its origin. Sloterdijk's critique of globalization as a return to the primal unity of existence challenges us to see beyond the immediate, to recognize the psychodynamic impact of understanding our planet as a globe, where the Copernican shift was not just about astronomy but about redefining human identity in a cosmos where we are but a minor part.
Thus, the globe is not merely a physical artifact but a profound philosophical icon, urging us to transcend parochialism, embrace the universal, and navigate the complex waters of our shared human narrative in an ever-expanding universe.
For further exploration of these themes, consider watching Peter Sloterdijk's discussion on globalization You can start with this YouTube video: https://youtu.be/T1aJjskCkJE?si=E_SUHBiS8NPeRo39
#Philosophy #nostr #nostrlearn #bitcoin #btc #Columbus #Magellan #Sloterdijk #Globalization #Behaim #grownostr
https://cdn.nostrcheck.me/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/790cb30e72618042499cd526ab605ac167809381330a6d64633c6edba67279b8.webp

2025-01-04 11:30:13

Narcissus was the one who fell in love with his own reflection in the water, tried to unite with it and drowned in the attempt. The ancient Greeks considered him more of an idiot than a model of character! There is a lot to learn here when we look at the exalted characters of our time.
Modesty, properly and measuredly chosen, is a valuable virtue.
#nostr #nostrlearn #philosophy #bitcoin https://cdn.nostrcheck.me/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/fb7fd2f14aed7c699a49d379d05e7ef60ad9cf53877c29e7fbf23c501ebbf8c8.webp

2025-01-04 11:21:15

This is what the European Union has become: a club of parasites in the bureaucracy and globalists who try to control the public discourse. Anyone who opposes the 'values' of the WEF in Davos will be fought mercilessly. This must fall!
#EU #EuropeanUnion #socialism #wef #nostr https://cdn.nostrcheck.me/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/251216ecc414a4a83b37e10204f2a44dead4eeab4b40538d88e476be9a23bb31.webp

2025-01-04 11:12:43

Biden Bestows Highest Civilian Honors on Democracy's Underminers
President Joe Biden is set to disgrace the Presidential Medal of Freedom by awarding it to two of the most insidious architects of modern political manipulation: George Soros and Hillary Clinton.
George Soros: The Puppet Master of Chaos
George Soros, a billionaire who has made a career out of meddling in sovereign nations' affairs, is now being celebrated for allegedly "strengthening democracy." This is a man who has funneled billions into movements that destabilize law and order, backing prosecutors like Alvin Bragg, who prioritize woke ideology over the safety of citizens. Soros's Open Society Foundations have been accused of funding riots, anti-Israel agitations on college campuses, and pushing agendas that erode individual liberties in the name of social justice. His influence in elections, media, and policy is a direct assault on the democratic freedoms he claims to champion.
Hillary Clinton: The Consolation Prize for Failed Politics
Hillary Clinton, a name synonymous with political ambition over integrity, is also receiving this prestigious award. This move seems less about recognizing achievement and more about rewarding her for not securing the presidency in 2016. Clinton's history is marred by controversies, from her email scandal to her role in foreign policy decisions that have arguably led to more instability than peace. Her political legacy is one of opportunism, where personal gain trumps public good, making her a fitting companion to Soros in this parody of honor.
The Real Cost of These Medals
What does it mean when a nation's highest civilian honor goes to those who, from a libertarian perspective, are seen as enemies of personal liberty, free markets, and limited government? It's a stark indication of how far the establishment will go to normalize the erosion of individual rights and sovereignty. This isn't about rewarding service but about endorsing a vision where control is centralized, dissent is managed, and the narrative is manipulated.
A Call to Arms for Libertarians
This move by Biden should serve as a wake-up call to all who value liberty over state control. It's time to reject these false prophets of "democracy" who cloak their power grabs in the language of justice and equality. The true defenders of freedom must now stand against this Orwellian redefinition of honor and fight for a return to genuine democratic principles where individual rights are paramount, not pawns in a globalist game.
https://nypost.com/2025/01/04/us-news/biden-to-present-george-soros-hillary-clinton-and-17-others-the-presidential-medal-of-freedom/
#Libertarian #nostr #Soros #Hillary #Freedom #LibertyFirst #biden https://image.nostr.build/731fdd064bc495c999ef48853fca8bb1abdc15a3eb2a0ca4a7b26e71898d2190.jpg

2025-01-03 07:30:22

Trump inauguration: will the dollar roll over again?
An ever stronger US dollar is becoming the wrecking ball of global debt. With the fastest interest rate hike cycle ever, the Federal Reserve has almost turned off the tap on the so-called euro-dollar market, i.e. the area of credit creation in dollar-denominated loans outside the US. Now it is up to these countries, which have dollar debt, to roll the mountain of debt into the future, which is very difficult in view of the eminent scarcity of dollars and the rising cost of credit.
As was the case 8 years ago, Donald Trump's incoming administration will in all likelihood seek to soften the dollar in order to launch its program of fiscal consolidation, so it is not unlikely that we will soon see the temporary fall of the dollar, which should then weaken somewhat and thus give the world time to breathe a sigh of relief.
What happens after that in the medium term: I personally expect a serious crisis in the eurozone and above all in the UK. Eur and the Pound are sinking ships.
#USA #usd #eur #gbp #debtcrisis #economy #bitcoin #nostr #grownostr https://files.sovbit.host/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/a72aa8782b5e799659c7c67a8ab8255987720692742046df00e5772eeaeaa46c.webp

2025-01-03 07:17:32

“How can you hide from what never goes away?”
Heraclitus on Bitcoin after meditating on the deafening silence of the "street" during the bull market.
#bitcoin #nostr #grownostr #philosophy https://files.sovbit.host/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/f1b640d6b52e700d7ae95e043e30b6cd80d5d7cbb6b2ce7bfe18c3c2b28b69f2.webp

2025-01-02 14:53:24

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Thank You. After my econ studies I studied ancient history and philo in Germany. Has been my passion all my life.

2025-01-02 11:38:01

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Alexander The Great used them, for exsmple, to spread his name and reign around the world quite successfully

2025-01-02 11:11:16

Ancient Coin Counterfeiting: How Greeks and Romans Outsmarted Fraudsters
Let's take a journey back in time, to when the first coins were minted and scam artists were already on the prowl. Coinage began during the reign of the legendary lydian king 'Croises' at the aegean coast of modern Turkey - a hotspot of trade and capital of its time. But with it the manioulation of coins would take of, as we know too well from our time being...
The Art of Deception in Antiquity
Both Ancient Greeks and Romans knew that counterfeiting money could be a lucrative business. But how did they attempt to stop these fraudsters?
Greek Coins and the Power of MintingIn Greece, minting coins was more than just a means to an end; it was a symbol of power and culture. The Athenian tetradrachms, known for their owl, were made using special coin dies that were only used by official mints. Yet, even with these controls, counterfeiters tried to play the game.
Roman Severity and Punishments
The Romans took coin counterfeiting even more seriously. They had a system based on the weight and purity of the metal. The punishment for counterfeiting could be severe – from heavy fines to capital punishment. Romans also harnessed the power of the public: Everyone had the right to check coins for authenticity, creating a form of collective oversight.
Measures Against Fraud
Standardization of WeightsBesides money, standardizing weights and measures was a big deal. In Egypt, precise materials were used for weight pieces as reference points in trade. In Athens, agoranomoi patrolled to ensure no one tampered with the scales.
Morality and Religion
The ancient world was deeply religious, and fraud was not just criminal but also morally corrupt. In some cultures, using false weights was an affront to the gods.
The Battle Continues
While ancient methods are not comparable to today's security features like holograms and microprinting, they show that the idea of preventing counterfeiting is not new. But let's not kid ourselves – in the modern era, the manipulation of money has simply been monopolized by the state and its central banks. They're the ones who can now print money at will, devalue our savings, and control the economy with the stroke of a pen. Talk about a monopoly on fraud.
#AncientFraud #HistoryOfMoney #RomanCoins #nostr #bitcoin #NostrLearning #Antiquity #EconomicHistory #CentralBank
https://files.sovbit.host/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/ed6aa7f4a56665271318d07f843fd961af147c1b85065c8e5aee0b0efe394051.webp
https://files.sovbit.host/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/87a0e0ad5800929685f923590d82cb21c9e68899bf88aca2c59ac66f2a27642c.webp
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2025-01-02 09:48:26

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That's a clear signal.

2025-01-02 09:09:33

Eurozone's Industrial Heartlands Deepen Manufacturing Slump
Manufacturing in the Eurozone continues its downward spiral, with powerhouse economies Germany and France leading the decline. The latest PMI data shows manufacturing activity at 45.1, falling short of the projected 45.2 and signaling further contraction in the sector.
The European Central Bank may soon intervene with monetary stimulus and potential rate cuts to combat the persistent industrial weakness. This development could put additional pressure on the euro's strength.
#EU #Eurozone #Manufacturing #Nostr #Bitcoin #ECB #Industry #Economy
https://files.sovbit.host/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/af0b7b4b9a277d2418a3cf7d189805da34077465d871392a317bb50a0fe27a6b.webp

2025-01-02 08:56:52

These criminals are a threat to civilization. And that's not an exaggeration. #ecb #fiatponzi
#nevent1q…9kva

2025-01-02 08:41:16

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There's no intellectual evolution visible in Germany. Sad

2025-01-02 08:40:29

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It's already too late. They'll vote the next Davos coalition and nothing will change

2025-01-02 07:32:43

Russia's Gas Exports to Europe Halted: Ukraine Ends Transit, Economic Repercussions Loom
The flow of Russian gas through Ukraine has ceased, following Kyiv's decision not to renew a critical pipeline agreement. Gazprom, Russia's state-controlled energy giant, has now stopped its supply, marking a significant change in the European energy landscape.
Ukrainian Energy Minister Herman Haluschenko commented, "This is a historic event. Russia is losing markets and will face financial losses."
The cessation of these gas flows has immediate implications for Europe. The continent finds itself increasingly entangled in the geopolitical tug-of-war, with fears that Russia might leverage energy supplies to escalate tensions. The reality of an energy crisis is palpable as gas reserves dwindle at an alarming rate, particularly affecting Germany, where the economy is feeling the strain of soaring energy costs.
#EnergyCrisis #RussiaUkraine #Gas #nostr #grownostr #Europe #Economy #Geopolitics #Germany https://files.sovbit.host/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/8512463d2100e4360c399ac911ff2d1e1af5cb4bea92a8d2a1df3d2b6cb14de6.webp

2025-01-01 14:26:11

Capital flight from Europe to the USA in full swing
Attentive observers of the geopolitical tensions in the business world are realizing that the European Union, especially the eurozone with its freak of nature, the euro, is suffering heavy capital losses in the direction of the USA. The final industrialization of Germany, this self-inflicted economic disaster, is accelerating this trend immensely, as Germany has always been regarded as the great credit insurer of the other European debtors, which cannot go down on its knees.
The Europeans are regulating themselves to death, not allowing the kind of innovative progress that is the benchmark for the US economy, even under a disastrous administration like Joe Biden's. A new pro-business administration in the US is likely to accelerate these trends significantly, Europe is trying to dig in with regulations, trying to limit this flight with traffic controls and the risky game of escalating tensions with Russia (reparations!). The stock markets therefore speak a clear language: once again, it is the USA that is magically attracting financial capital.
Europeans, dress warmly, the time of commie games and child narratives like the burning planet is coming to an end!!!
#USA #Europe #bitcoin #eu #socialism
https://files.sovbit.host/media/863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183/d6d1bd150de7ef1caf6f3de7144ae14835f43d449a08a2a3938cf772aba32c65.webp
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2024-12-31 12:11:21

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Oh yeah. I remember them... Knopfler's concerrs always were highlights for me

2024-12-31 10:55:51

Enjoy life...
#2025
https://blossom.primal.net/1310c33fd0d65737dbff91d31af0565c9b34ffa80666b07b146454ea55b95847.mp4

2024-12-31 10:49:21

I wish all four of you all the best for the coming year, above all good health and that you never lose sight of your goals. Let's make the most of the coming year and fill it with meaning, humanity and joy.
See you soon!
#2025 #bitcoin #optimism #newyear
https://blossom.primal.net/7964ba9388f38a9bd05b67c0f7d6fdb7b0895fc20c285abdc998ec5a7c4ab580.jpg