INDIAN LIBERTY REPORT @ilr@librem.one

We have not forgotten about you Nandan, better watch out !

https://indianlibertyreport.com/is-nandan-nilekani-a-flight-risk/

THE ANSWER TO 1984 IS 1857

Socialism Was Identical for the Nazis and the Soviets

From its inception, advocates of both ideologies viewed “less civilized” peoples as obstacles to their revolution.

https://indianlibertyreport.com/socialism-was-identical-for-the-nazis-and-the-soviets/

#liberty #socialism

Why the Hammer and Sickle Should Be Treated Like the Swastika

No one would tolerate a t-shirt emblazoned with Adolf Hitler, yet the wildly oppressive Che Guevara is easily detached and morphed into a symbol of revolution.

https://indianlibertyreport.com/why-the-hammer-and-sickle-should-be-treated-like-the-swastika/

#communism #liberty

The Global War on Cash continues

The global war on cash continues with Greece and Italy.

https://indianlibertyreport.com/global-war-on-cash/

Economic Growth Does Not Cause Price Inflation

The positive statistical association between economic growth and price inflation is not because of an expansion in real wealth but comes in response to the expansion in money supply.

https://indianlibertyreport.com/economic-growth-does-not-cause-price-inflation/

#economics #inflation

Why Milton Friedman Was Wrong on the Business Cycle

The boom-bust cycle phenomenon is somehow linked to the modern world. But what is the link?

https://indianlibertyreport.com/why-milton-friedman-was-wrong-on-the-business-cycle/

#economics #friedman

@thewire

Now that the @thewire_in
has got on track with understanding the meat issue, could they also look into the meat bans being proposed by the UN, Eat Lancet, and the C40 initiative under the garb of "climate change" ?

https://c40-production-images.s3.amazonaws.com/other_uploads/images/2270_C40_CBE_MainReport_250719.original.pdf?1564075036

[VIDEO] Time Preference and Interest Rates

Two mechanisms coordinating production in time. To correctly understand business cycles and where economic crises come from, we need to understand these two concepts. Learn Austrian Economics in a fun way!

https://indianlibertyreport.com/video-time-preference-and-interest-rates/

#austrianeconomics #interest

@Samyukth @musafir Finally, cultural decay and loss of low time preference activities that lead to great capital accumulation - this is why we don’t build things like hampi anymore, and this is why everything is so political in our societies.

End of reply

@Samyukth @musafir Answers to qs 3 and 4 : Fiat economies experience boom and bust cycles linked to the debt and credit cycles. You get an artificial boom fueled by easy money and then crises that knock you out, last example being the 2008 crisis.

5. The implocations are exactly what hulsmann pointed out and we can see it today:

Increasing inequality : see https://wtfhappenedin1971.com/

Centralisation and tyranny
2/

@Samyukth @musafir Yes this is Austrian economics, otherwise just called "economics" until Keynes came around and ruined things after the *second* great depression.

See this lecture about the *first* great depression which sorted out pretty quickly:

https://www.youtube.com/watch?v=czcUmnsprQI

Answers to q1 and 2 : yes, all economies are today fiat money economies

1/

@Samyukth @musafir the falling savings rate is a natural consequence of inflation.
Lending rates etc are totally artificial when ur cb is setting an interest rate and does not reflect the supply and demand of savings and investment.
Theres a lot to disassemble in your q, maybe a good starting point for understanding the big picture is this lecture:

https://youtu.be/SAN5CKbZnD0

(Removed the other handles just to get more characters into this toot)

Live Not By Lies

In 1974, the Russian dissident Alexander Solzhenitsyn wrote : "If we are too frightened, then we should stop complaining that someone is suffocating us."

https://indianlibertyreport.com/live-not-by-lies/

#dissent #freedom

@hiway this was foreseen by @GreatGameIndia long ago

http://gginews.in/aadhaar-skynet-death-glitch/

@Samyukth @musafir @shinjini @TheDonkeySays@mastodon.social @IshaKaushik@mastodon.social @Poonamsharma @NSure @Iwalkalone @KayKap @VivekT @ashwin @milcom@mastodon.social @shirishag75 @Pranavgupta @Vishsai @Battrebeet we’ve retooted some of our recent stuff to the top of our profile for the newbies here.