Twitter | Search | |
Robert Breedlove
CEO Parallax Digital. Freedom Maximalist. Book: Fiat is falsehood, is Honest Money—stack sats here:
5,562
Tweets
2,283
Following
21,842
Followers
Tweets
Robert Breedlove 3h
Replying to @sanderdiangelis
This makes no sense, equalizing the distribution is of no gain to anyone... like a great professor once told me, we can “add as many zeros as our ego desires,” but it is a Sisyphean task
Reply Retweet Like
Robert Breedlove 4h
Perhaps related to all the 13th place trophies we see handed out by helicopter parents these days?
Reply Retweet Like
Robert Breedlove 4h
Replying to @sanderdiangelis
No matter the distribution model, inflation will never be a fair transaction between willing parties, and as Rothbard said: “to be moral, an act must be free.” Fiat currency is evil.
Reply Retweet Like
Robert Breedlove retweeted
Brandon Quittem 4h
1/ We've entered the "Fourth Turning." The final act in a drama beginning at the end of WWII. The old social order combusts and gives birth to new political, social, and economic structures. Let's explore through a lens Thread 👇
Reply Retweet Like
Robert Breedlove 4h
Replying to @lylepratt
The points are like the talent portion on a beauty contest, lol
Reply Retweet Like
Robert Breedlove 4h
Replying to @lylepratt
Reminds me of that classic improve show "Whose Line Is It Anyways" where the points don't matter
Reply Retweet Like
Robert Breedlove 5h
Replying to @Breedlove22
For a deeper dive on the truth of fiat currency, and how it is the largest pyramid scheme in human history, check out recent piece "Masters and Slaves of Money"
Reply Retweet Like
Robert Breedlove 5h
Replying to @Breedlove22
Fortunately for players in of this rigged game in the 21st century, there is a new game in town: a firmly fixed supply of 21 million . The rules? No inflation. No counterfeiting. No stealing. Just unstoppable, incorruptible, honest money.
Reply Retweet Like
Robert Breedlove 5h
Replying to @Breedlove22
Imagine believing that a game could be better played by constantly and unpredictably changing the rules of the game... That is exactly what MMT asserts: that the (apparently omnipotent) US government can change the rules as necessary to "contribute points to scorecards"
Reply Retweet Like
Robert Breedlove 5h
Replying to @StephanieKelton
To assert that the US government can improve the "game of life" for productive people by corrupting their money is either ignorant or malevolent... I can't tell if believes what she says, or is intentionally deceiving people, but either way, MMT is a lie.
Reply Retweet Like
Robert Breedlove 5h
Replying to @Breedlove22
This is why matters—it is a "game" with rules that cannot be bent or broken. Bitcoin is antithetical to the deception of MMT—an attempted justification for the US government to continue harvesting the surplus of productive people through US dollar supply inflation.
Reply Retweet Like
Robert Breedlove 5h
Replying to @Breedlove22
Apparently, our benign scorekeeper—like all social institutions run by corruptible people—is itself a bit corrupt. Follow the incentives and find the outcome. With no exposure to the downside of their decision making—no skin in the game—politicians always resort to printing.
Reply Retweet Like
Robert Breedlove 5h
Replying to @Breedlove22
If the US government is a benevolent and neutral "scorekeeper that neither has nor needs points", then why does it protect The Federal Reserve's monopoly on money, which yields a 6% annual dividend (payable in US dollar "points) to a group of undisclosed, private shareholders?
Reply Retweet Like
Robert Breedlove 5h
Replying to @StephanieKelton
Contrary to 's assertion, the US government is not "the scorekeeper that sits outside of the game." Like any organization, the US government is a social institution that operates in its own best interest. And its prime interest is protecting its central bank...
Reply Retweet Like
Robert Breedlove 5h
Replying to @Breedlove22
When the US government "awards points," it is reallocating claims on savings from those holding US dollars to those who receive newly produced US dollars first (google "the Cantillon Effect"). Politicians that makes these decisions produce no value, they survive by stealing.
Reply Retweet Like
Robert Breedlove 5h
Replying to @Breedlove22
Simple: the US government can print more US dollars ("points" as she calls them) to cover its deficit. US dollars (and all fiat currencies) are simply a claim on the savings of society—redemption certificates for the goods, services, and knowledge generated by productive people.
Reply Retweet Like
Robert Breedlove 5h
Replying to @Breedlove22
A deficit occurs when any organization—a family, a company, or a government—generates expenses that exceeds its revenues. Most call this a "net loss," but for governments it is typically called a deficit. But how can the US government continually spend more than it earns?
Reply Retweet Like
Robert Breedlove 5h
MMT is a lie. is the truth. An honest thread about a dishonest thread from
Reply Retweet Like
Robert Breedlove 11h
Energy is everything, of course it will be discussed :)
Reply Retweet Like
Robert Breedlove 11h
is probably stronger than me, except I’d bet my hands are stronger than his :)
Reply Retweet Like