A Quote by Erik Voorhees
I'm much more confident with crypto than with banks or fiat currency because I can actually control it, and the money supply is transparent, stated up front. It makes online shopping a lot easier and a lot safer.
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It's a lot easier to play in front of quite a lot of strangers than a couple of your friends just because when it's someone that really knows you, it's much more scary.
Online shopping makes everything so much easier - it's a bad habit of mine.
I don't think central banks are going to give up fiat currency anytime in my lifetime.
I think oil prices are down for two reasons. One is, there is a lot of supply. There is a lot of supply because the U.S. now produces a lot of oil and there is a lot of supply because the Saudis seem to want to produce a lot of oil, maybe to punish the Iranians and the Russians.
Contrary to what most people think, bank money is much more important than state money. In Greece, for example, bank money makes up 84.26% of the total money supply.
I do shop online! But I'm shopping online mostly in the home categories - One Kings Lane and Gilt. At a lot of architectural websites, I buy a lot of hardware for cabinetry like hinges and things like that from England. So, you know, for me, I shop at Net-A-Porter, but I don't really shop that much for clothing online.
I do shop online! But I’m shopping online mostly in the home categories - One Kings Lane and Gilt. At a lot of architectural websites, I buy a lot of hardware for cabinetry like hinges and things like that from England. So you know for me, I shop at Net-A-Porter, but I don’t really shop that much for clothing online.
If you want to remain a slave to the banks and want them to pay the cost of your own slavery, then let them continue the issue of currency control and regulate the money supply of the nation.
The Fed has a lot of power in the economy because it has a big impact on the supply and cost of credit, that is, interest rates. It also plays a key role in supervising banks and historically has seemed to take it easy on the banks when it shouldn't have, such as in the lead up to the financial crisis.
I took up writing because I needed money. And I continued to write because it's safer than stealing and easier than working.
What's happening is there's transfer of wealth from the poor and the middle class to the wealthy. This comes about because of the monetary system that we have. When you inflate a currency or destroy a currency, the middle class gets wiped out, so the people who get to use the money first, which is created by the Federal Reserve System, benefit, so the money gravitates to the banks and to Wall Street. That's why you have more billionaires than ever before.
Gold is not less but more rational than paper money. Money holds value so long as it is in limited supply; gold will always be in limited supply, and would require real resources to produce even from the sea; paper and printing ink are not in limited supply. The gold system is much closer to a modern automatic scientific control system than the crude and relatively unstable system of paper.
And I think that being able to make people laugh and write a book that's funny makes the information go down a lot easier and it makes it a lot more fun to read, easier to understand, and often stronger. So there's all kinds of advantages to it.
I think a lot of managers say that it starts from the front and us as defenders know it helps our job when the front two strikers put that pressure on. If they can do that it makes our job a lot easier.
I view Bitcoin as the more democratic version of money and value transfer because no one controls it... I expect the Internet to be around longer than any nation-state, so a nation-state-backed currency is actually less safe than an Internet currency in my mind.
I've discovered that I've never had much respect for money, and that has meant that money has ended up ruling me a little bit more than it should have. So I'm trying to learn - at this late stage in life! - to actually control that.
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