{"generator":"GNU social 2.0.2-dev","title":"Conversation","totalItems":10,"items":[{"actor":{"id":"https:\/\/mastodon.world\/users\/jeffowski","displayName":"Church of Jeff","status_net":{"avatarLinks":[{"url":"https:\/\/gnusocial.jp\/avatar\/39022-original-tmp20250505184618.webp","rel":"avatar","type":"image\/webp","width":400,"height":400},{"url":"https:\/\/gnusocial.jp\/avatar\/39022-96-20250505184708.webp","rel":"avatar","type":"image\/webp","width":96,"height":96},{"url":"https:\/\/gnusocial.jp\/avatar\/39022-48-20250505184708.webp","rel":"avatar","type":"image\/webp","width":48,"height":48},{"url":"https:\/\/gnusocial.jp\/avatar\/39022-24-20250505184708.webp","rel":"avatar","type":"image\/webp","width":24,"height":24}],"profile_info":{"local_id":"39022"}},"image":{"url":"https:\/\/gnusocial.jp\/avatar\/39022-96-20250505184708.webp","rel":"avatar","type":"image\/webp","width":96,"height":96},"objectType":"person","summary":"Creative Analyst, Philosopher, Atheist, Humanist,Personal MEME feed. Social media is designed to share, so steal anything you want from this feed. Permission granted.#ShitIFind #ChurchOfJeff","url":"https:\/\/mastodon.world\/@jeffowski","portablecontacts_net":{"preferredUsername":"jeffowski","displayName":"Church of Jeff","note":"Creative Analyst, Philosopher, Atheist, Humanist,Personal MEME feed. Social media is designed to share, so steal anything you want from this feed. Permission granted.#ShitIFind #ChurchOfJeff"}},"content":"RT @jeffowski @GhostOnTheHalfShell @economics-that-works The best counterplay I see is to abandon settlement of trade with US dollars, and use credit issued via trust networks for small-scale trade and enforceable commodity futures contracts for larger trades (explicitly excluding carbon fuels). There would be a lot of collapse in businesses dependent on dollar-economy settlement. The dollar has rotted out its own foundation, and its now dedicated to burning coal for no constructive purpose.","generator":{"id":"tag:gnusocial.jp,2026-06-18:notice-source:ActivityPub","objectType":"application","status_net":{"source_code":"ActivityPub"}},"id":"https:\/\/mastodon.world\/users\/jeffowski\/statuses\/115090290510418303\/activity","object":{"id":"https:\/\/masto.ai\/users\/GhostOnTheHalfShell\/statuses\/115090141106525680","objectType":"note","content":"

@log<\/a> @economics-that-works<\/a> <\/p>

In other words, the way, the economy is structured now, instead of the money, even momentarily circulating in the larger economy before being captured by the wealthy more and more of it is going directly into their pockets, which allows them to consolidate economic power, which is decision-making power.<\/p>

Data center construction is billionaires decide to grab power, water and land. They get their way by manipulating politics<\/p>","url":"https:\/\/masto.ai\/@GhostOnTheHalfShell\/115090141106525680","status_net":{"notice_id":null}},"to":[{"objectType":"http:\/\/activitystrea.ms\/schema\/1.0\/collection","id":"http:\/\/activityschema.org\/collection\/public"}],"status_net":{"conversation":"tag:gnusocial.jp,2025-08-25:objectType=thread:nonce=f9fd5a09db6b51b7","notice_info":{"local_id":"10878862","source":"ActivityPub","repeat_of":"10878859"}},"published":"2025-08-25T16:38:54+00:00","provider":{"objectType":"service","displayName":"GNU social JP","url":"https:\/\/gnusocial.jp\/"},"title":"jeffowski repeated a notice by GhostOnTheHalfShell","verb":"share","url":"https:\/\/mastodon.world\/users\/jeffowski\/statuses\/115090290510418303\/activity"},{"actor":{"id":"https:\/\/masto.ai\/users\/GhostOnTheHalfShell","displayName":"GhostOnTheHalfShell","status_net":{"avatarLinks":[{"url":"https:\/\/gnusocial.jp\/avatar\/35976-original-tmp20221122142311.webp","rel":"avatar","type":"image\/webp","width":256,"height":256},{"url":"https:\/\/gnusocial.jp\/avatar\/35976-96-20230128234645.webp","rel":"avatar","type":"image\/webp","width":96,"height":96},{"url":"https:\/\/gnusocial.jp\/avatar\/35976-48-20230128234645.webp","rel":"avatar","type":"image\/webp","width":48,"height":48},{"url":"https:\/\/gnusocial.jp\/avatar\/35976-24-20230128234645.webp","rel":"avatar","type":"image\/webp","width":24,"height":24}],"profile_info":{"local_id":"35976"}},"image":{"url":"https:\/\/gnusocial.jp\/avatar\/35976-96-20230128234645.webp","rel":"avatar","type":"image\/webp","width":96,"height":96},"objectType":"person","summary":"opinionated lurker of the intarwebs.Used to write code, still do. c\/c++, java, php, js, c#, gdscript, gnawed on sql, sparql, unix\/windows etc etc billions of years ago.tech, graphics, anything STEManything anthropology, history, linguistics anything blender, gimp (although i scream using it), audacity prefers not to be run over by carsI drink Philz.I do a (non-monetized) video or so a week on yt.Tyranny and poverty are everywhere a mainstream economics phenomenon.","url":"https:\/\/masto.ai\/@GhostOnTheHalfShell","portablecontacts_net":{"preferredUsername":"GhostOnTheHalfShell","displayName":"GhostOnTheHalfShell","note":"opinionated lurker of the intarwebs.Used to write code, still do. c\/c++, java, php, js, c#, gdscript, gnawed on sql, sparql, unix\/windows etc etc billions of years ago.tech, graphics, anything STEManything anthropology, history, linguistics anything blender, gimp (although i scream using it), audacity prefers not to be run over by carsI drink Philz.I do a (non-monetized) video or so a week on yt.Tyranny and poverty are everywhere a mainstream economics phenomenon."}},"content":"

@log<\/a> @economics-that-works<\/a> <\/p>

In other words, the way, the economy is structured now, instead of the money, even momentarily circulating in the larger economy before being captured by the wealthy more and more of it is going directly into their pockets, which allows them to consolidate economic power, which is decision-making power.<\/p>

Data center construction is billionaires decide to grab power, water and land. They get their way by manipulating politics<\/p>","generator":{"id":"tag:gnusocial.jp,2026-06-18:notice-source:ActivityPub","objectType":"application","status_net":{"source_code":"ActivityPub"}},"id":"https:\/\/masto.ai\/users\/GhostOnTheHalfShell\/statuses\/115090141106525680","object":{"id":"https:\/\/masto.ai\/users\/GhostOnTheHalfShell\/statuses\/115090141106525680","objectType":"note","content":"

@log<\/a> @economics-that-works<\/a> <\/p>

In other words, the way, the economy is structured now, instead of the money, even momentarily circulating in the larger economy before being captured by the wealthy more and more of it is going directly into their pockets, which allows them to consolidate economic power, which is decision-making power.<\/p>

Data center construction is billionaires decide to grab power, water and land. They get their way by manipulating politics<\/p>","url":"https:\/\/masto.ai\/@GhostOnTheHalfShell\/115090141106525680","status_net":{"notice_id":null},"inReplyTo":{"objectType":"note","id":"https:\/\/masto.ai\/users\/GhostOnTheHalfShell\/statuses\/115090129654730722","url":"https:\/\/masto.ai\/@GhostOnTheHalfShell\/115090129654730722"}},"to":[{"objectType":"http:\/\/activitystrea.ms\/schema\/1.0\/person","id":"https:\/\/mastodon.sdf.org\/users\/log"},{"objectType":"http:\/\/activitystrea.ms\/schema\/1.0\/collection","id":"http:\/\/activityschema.org\/collection\/public"}],"status_net":{"conversation":"tag:gnusocial.jp,2025-08-25:objectType=thread:nonce=f9fd5a09db6b51b7","notice_info":{"local_id":"10878859","source":"ActivityPub"}},"published":"2025-08-25T16:38:34+00:00","provider":{"objectType":"service","displayName":"GNU social JP","url":"https:\/\/gnusocial.jp\/"},"verb":"post","url":"https:\/\/masto.ai\/@GhostOnTheHalfShell\/115090141106525680"},{"actor":{"id":"https:\/\/masto.ai\/users\/GhostOnTheHalfShell","displayName":"GhostOnTheHalfShell","status_net":{"avatarLinks":[{"url":"https:\/\/gnusocial.jp\/avatar\/35976-original-tmp20221122142311.webp","rel":"avatar","type":"image\/webp","width":256,"height":256},{"url":"https:\/\/gnusocial.jp\/avatar\/35976-96-20230128234645.webp","rel":"avatar","type":"image\/webp","width":96,"height":96},{"url":"https:\/\/gnusocial.jp\/avatar\/35976-48-20230128234645.webp","rel":"avatar","type":"image\/webp","width":48,"height":48},{"url":"https:\/\/gnusocial.jp\/avatar\/35976-24-20230128234645.webp","rel":"avatar","type":"image\/webp","width":24,"height":24}],"profile_info":{"local_id":"35976"}},"image":{"url":"https:\/\/gnusocial.jp\/avatar\/35976-96-20230128234645.webp","rel":"avatar","type":"image\/webp","width":96,"height":96},"objectType":"person","summary":"opinionated lurker of the intarwebs.Used to write code, still do. c\/c++, java, php, js, c#, gdscript, gnawed on sql, sparql, unix\/windows etc etc billions of years ago.tech, graphics, anything STEManything anthropology, history, linguistics anything blender, gimp (although i scream using it), audacity prefers not to be run over by carsI drink Philz.I do a (non-monetized) video or so a week on yt.Tyranny and poverty are everywhere a mainstream economics phenomenon.","url":"https:\/\/masto.ai\/@GhostOnTheHalfShell","portablecontacts_net":{"preferredUsername":"GhostOnTheHalfShell","displayName":"GhostOnTheHalfShell","note":"opinionated lurker of the intarwebs.Used to write code, still do. c\/c++, java, php, js, c#, gdscript, gnawed on sql, sparql, unix\/windows etc etc billions of years ago.tech, graphics, anything STEManything anthropology, history, linguistics anything blender, gimp (although i scream using it), audacity prefers not to be run over by carsI drink Philz.I do a (non-monetized) video or so a week on yt.Tyranny and poverty are everywhere a mainstream economics phenomenon."}},"content":"

@log<\/a> @economics-that-works<\/a> <\/p>

There is also another thing I\u2019d like to mention is that today\u2019s deficit spending (US) is distinguished not quite by its magnitude, but into whose pockets that money goes. The current budget directs more of the federal dollars created directly into the pockets of billionaires.<\/p>

So I think I would say is that it\u2019s not distance from government spending, but the fact the money never gets into the hands of people before the rich get their hands on it.<\/p>","generator":{"id":"tag:gnusocial.jp,2026-06-18:notice-source:ActivityPub","objectType":"application","status_net":{"source_code":"ActivityPub"}},"id":"https:\/\/masto.ai\/users\/GhostOnTheHalfShell\/statuses\/115090129654730722","object":{"id":"https:\/\/masto.ai\/users\/GhostOnTheHalfShell\/statuses\/115090129654730722","objectType":"note","content":"

@log<\/a> @economics-that-works<\/a> <\/p>

There is also another thing I\u2019d like to mention is that today\u2019s deficit spending (US) is distinguished not quite by its magnitude, but into whose pockets that money goes. The current budget directs more of the federal dollars created directly into the pockets of billionaires.<\/p>

So I think I would say is that it\u2019s not distance from government spending, but the fact the money never gets into the hands of people before the rich get their hands on it.<\/p>","url":"https:\/\/masto.ai\/@GhostOnTheHalfShell\/115090129654730722","status_net":{"notice_id":null},"inReplyTo":{"objectType":"note","id":"https:\/\/mastodon.sdf.org\/users\/log\/statuses\/115090067750962088","url":"https:\/\/mastodon.sdf.org\/@log\/115090067750962088"}},"to":[{"objectType":"http:\/\/activitystrea.ms\/schema\/1.0\/person","id":"https:\/\/mastodon.sdf.org\/users\/log"},{"objectType":"http:\/\/activitystrea.ms\/schema\/1.0\/collection","id":"http:\/\/activityschema.org\/collection\/public"}],"status_net":{"conversation":"tag:gnusocial.jp,2025-08-25:objectType=thread:nonce=f9fd5a09db6b51b7","notice_info":{"local_id":"10878857","source":"ActivityPub"}},"published":"2025-08-25T16:38:34+00:00","provider":{"objectType":"service","displayName":"GNU social JP","url":"https:\/\/gnusocial.jp\/"},"verb":"post","url":"https:\/\/masto.ai\/@GhostOnTheHalfShell\/115090129654730722"},{"actor":{"id":"https:\/\/mastodon.sdf.org\/users\/log","displayName":"Log \ud83e\udeb5","status_net":{"avatarLinks":[{"url":"https:\/\/gnusocial.jp\/avatar\/89077-original-tmp20230117192554.webp","rel":"avatar","type":"image\/webp","width":64,"height":64},{"url":"https:\/\/gnusocial.jp\/avatar\/89077-96-20230422000549.webp","rel":"avatar","type":"image\/webp","width":96,"height":96},{"url":"https:\/\/gnusocial.jp\/avatar\/89077-48-20230422000549.webp","rel":"avatar","type":"image\/webp","width":48,"height":48},{"url":"https:\/\/gnusocial.jp\/avatar\/89077-24-20230422000549.webp","rel":"avatar","type":"image\/webp","width":24,"height":24}],"profile_info":{"local_id":"89077"}},"image":{"url":"https:\/\/gnusocial.jp\/avatar\/89077-96-20230422000549.webp","rel":"avatar","type":"image\/webp","width":96,"height":96},"objectType":"person","summary":"Big. Heavy. Wood.I am a symbiotic complex of mostly xylophagous fungus species, and a bit of algae.#cryptid #fictional #kayfabe #SCP #fungus #JuffoWup #absurdism #nerd #inediblemushrooms #lichen #lowfantasy #urbanfantasy #scifi","url":"https:\/\/mastodon.sdf.org\/@log","portablecontacts_net":{"preferredUsername":"log","displayName":"Log \ud83e\udeb5","note":"Big. Heavy. Wood.I am a symbiotic complex of mostly xylophagous fungus species, and a bit of algae.#cryptid #fictional #kayfabe #SCP #fungus #JuffoWup #absurdism #nerd #inediblemushrooms #lichen #lowfantasy #urbanfantasy #scifi"}},"content":"

@GhostOnTheHalfShell<\/a> @economics-that-works<\/a> The best counterplay I see is to abandon settlement of trade with US dollars, and use credit issued via trust networks for small-scale trade and enforceable commodity futures contracts for larger trades (explicitly excluding carbon fuels). There would be a lot of collapse in businesses dependent on dollar-economy settlement. The dollar has rotted out its own foundation, and its now dedicated to burning coal for no constructive purpose.<\/p>","generator":{"id":"tag:gnusocial.jp,2026-06-18:notice-source:ActivityPub","objectType":"application","status_net":{"source_code":"ActivityPub"}},"id":"https:\/\/mastodon.sdf.org\/users\/log\/statuses\/115090280811245963","object":{"id":"https:\/\/mastodon.sdf.org\/users\/log\/statuses\/115090280811245963","objectType":"note","content":"

@GhostOnTheHalfShell<\/a> @economics-that-works<\/a> The best counterplay I see is to abandon settlement of trade with US dollars, and use credit issued via trust networks for small-scale trade and enforceable commodity futures contracts for larger trades (explicitly excluding carbon fuels). There would be a lot of collapse in businesses dependent on dollar-economy settlement. The dollar has rotted out its own foundation, and its now dedicated to burning coal for no constructive purpose.<\/p>","url":"https:\/\/mastodon.sdf.org\/@log\/115090280811245963","status_net":{"notice_id":null},"inReplyTo":{"objectType":"note","id":"https:\/\/masto.ai\/users\/GhostOnTheHalfShell\/statuses\/115090141106525680","url":"https:\/\/masto.ai\/@GhostOnTheHalfShell\/115090141106525680"}},"to":[{"objectType":"http:\/\/activitystrea.ms\/schema\/1.0\/person","id":"https:\/\/masto.ai\/users\/GhostOnTheHalfShell"},{"objectType":"http:\/\/activitystrea.ms\/schema\/1.0\/collection","id":"http:\/\/activityschema.org\/collection\/public"}],"status_net":{"conversation":"tag:gnusocial.jp,2025-08-25:objectType=thread:nonce=f9fd5a09db6b51b7","notice_info":{"local_id":"10878861","source":"ActivityPub"}},"published":"2025-08-25T16:38:33+00:00","provider":{"objectType":"service","displayName":"GNU social JP","url":"https:\/\/gnusocial.jp\/"},"verb":"post","url":"https:\/\/mastodon.sdf.org\/@log\/115090280811245963"},{"actor":{"id":"https:\/\/mastodon.world\/users\/jeffowski","displayName":"Church of Jeff","status_net":{"avatarLinks":[{"url":"https:\/\/gnusocial.jp\/avatar\/39022-original-tmp20250505184618.webp","rel":"avatar","type":"image\/webp","width":400,"height":400},{"url":"https:\/\/gnusocial.jp\/avatar\/39022-96-20250505184708.webp","rel":"avatar","type":"image\/webp","width":96,"height":96},{"url":"https:\/\/gnusocial.jp\/avatar\/39022-48-20250505184708.webp","rel":"avatar","type":"image\/webp","width":48,"height":48},{"url":"https:\/\/gnusocial.jp\/avatar\/39022-24-20250505184708.webp","rel":"avatar","type":"image\/webp","width":24,"height":24}],"profile_info":{"local_id":"39022"}},"image":{"url":"https:\/\/gnusocial.jp\/avatar\/39022-96-20250505184708.webp","rel":"avatar","type":"image\/webp","width":96,"height":96},"objectType":"person","summary":"Creative Analyst, Philosopher, Atheist, Humanist,Personal MEME feed. Social media is designed to share, so steal anything you want from this feed. Permission granted.#ShitIFind #ChurchOfJeff","url":"https:\/\/mastodon.world\/@jeffowski","portablecontacts_net":{"preferredUsername":"jeffowski","displayName":"Church of Jeff","note":"Creative Analyst, Philosopher, Atheist, Humanist,Personal MEME feed. Social media is designed to share, so steal anything you want from this feed. Permission granted.#ShitIFind #ChurchOfJeff"}},"content":"RT @jeffowski @log @economics-that-works Yeah, I frame that idea simply by saying that inflation and interest are tribute, they are private tax that exists for one reason: to consolidate wealth and power.In<\/a> the banking system exists to consolidate power","generator":{"id":"tag:gnusocial.jp,2026-06-18:notice-source:ActivityPub","objectType":"application","status_net":{"source_code":"ActivityPub"}},"id":"https:\/\/mastodon.world\/users\/jeffowski\/statuses\/115090287971520165\/activity","object":{"id":"https:\/\/mastodon.sdf.org\/users\/log\/statuses\/115090247189238991","objectType":"note","content":"

@GhostOnTheHalfShell<\/a> @economics-that-works<\/a> There is also a velocity effect. Currency at rest is worth less than currency in motion. Enforced inflation rewards private hoards, which affect the velocity of money nearest to them. In this, the fiat controller is barely distinguishable from a hoard of nigh-infinite fiscal mass.<\/p>

TL;DR: the value of money is not constant, and it is frequently manipulated to unfairly get more goods and services out of us.<\/p>","url":"https:\/\/mastodon.sdf.org\/@log\/115090247189238991","status_net":{"notice_id":null}},"to":[{"objectType":"http:\/\/activitystrea.ms\/schema\/1.0\/collection","id":"http:\/\/activityschema.org\/collection\/public"}],"status_net":{"conversation":"tag:gnusocial.jp,2025-08-25:objectType=thread:nonce=f9fd5a09db6b51b7","notice_info":{"local_id":"10878658","source":"ActivityPub","repeat_of":"10878655"}},"published":"2025-08-25T16:14:38+00:00","provider":{"objectType":"service","displayName":"GNU social JP","url":"https:\/\/gnusocial.jp\/"},"title":"jeffowski repeated a notice by log","verb":"share","url":"https:\/\/mastodon.world\/users\/jeffowski\/statuses\/115090287971520165\/activity"},{"actor":{"id":"https:\/\/mastodon.sdf.org\/users\/log","displayName":"Log \ud83e\udeb5","status_net":{"avatarLinks":[{"url":"https:\/\/gnusocial.jp\/avatar\/89077-original-tmp20230117192554.webp","rel":"avatar","type":"image\/webp","width":64,"height":64},{"url":"https:\/\/gnusocial.jp\/avatar\/89077-96-20230422000549.webp","rel":"avatar","type":"image\/webp","width":96,"height":96},{"url":"https:\/\/gnusocial.jp\/avatar\/89077-48-20230422000549.webp","rel":"avatar","type":"image\/webp","width":48,"height":48},{"url":"https:\/\/gnusocial.jp\/avatar\/89077-24-20230422000549.webp","rel":"avatar","type":"image\/webp","width":24,"height":24}],"profile_info":{"local_id":"89077"}},"image":{"url":"https:\/\/gnusocial.jp\/avatar\/89077-96-20230422000549.webp","rel":"avatar","type":"image\/webp","width":96,"height":96},"objectType":"person","summary":"Big. Heavy. Wood.I am a symbiotic complex of mostly xylophagous fungus species, and a bit of algae.#cryptid #fictional #kayfabe #SCP #fungus #JuffoWup #absurdism #nerd #inediblemushrooms #lichen #lowfantasy #urbanfantasy #scifi","url":"https:\/\/mastodon.sdf.org\/@log","portablecontacts_net":{"preferredUsername":"log","displayName":"Log \ud83e\udeb5","note":"Big. Heavy. Wood.I am a symbiotic complex of mostly xylophagous fungus species, and a bit of algae.#cryptid #fictional #kayfabe #SCP #fungus #JuffoWup #absurdism #nerd #inediblemushrooms #lichen #lowfantasy #urbanfantasy #scifi"}},"content":"

@GhostOnTheHalfShell<\/a> @economics-that-works<\/a> There is also a velocity effect. Currency at rest is worth less than currency in motion. Enforced inflation rewards private hoards, which affect the velocity of money nearest to them. In this, the fiat controller is barely distinguishable from a hoard of nigh-infinite fiscal mass.<\/p>

TL;DR: the value of money is not constant, and it is frequently manipulated to unfairly get more goods and services out of us.<\/p>","generator":{"id":"tag:gnusocial.jp,2026-06-18:notice-source:ActivityPub","objectType":"application","status_net":{"source_code":"ActivityPub"}},"id":"https:\/\/mastodon.sdf.org\/users\/log\/statuses\/115090247189238991","object":{"id":"https:\/\/mastodon.sdf.org\/users\/log\/statuses\/115090247189238991","objectType":"note","content":"

@GhostOnTheHalfShell<\/a> @economics-that-works<\/a> There is also a velocity effect. Currency at rest is worth less than currency in motion. Enforced inflation rewards private hoards, which affect the velocity of money nearest to them. In this, the fiat controller is barely distinguishable from a hoard of nigh-infinite fiscal mass.<\/p>

TL;DR: the value of money is not constant, and it is frequently manipulated to unfairly get more goods and services out of us.<\/p>","url":"https:\/\/mastodon.sdf.org\/@log\/115090247189238991","status_net":{"notice_id":null},"inReplyTo":{"objectType":"note","id":"https:\/\/masto.ai\/users\/GhostOnTheHalfShell\/statuses\/115090115795884476","url":"https:\/\/masto.ai\/@GhostOnTheHalfShell\/115090115795884476"}},"to":[{"objectType":"http:\/\/activitystrea.ms\/schema\/1.0\/person","id":"https:\/\/masto.ai\/users\/GhostOnTheHalfShell"},{"objectType":"http:\/\/activitystrea.ms\/schema\/1.0\/collection","id":"http:\/\/activityschema.org\/collection\/public"}],"status_net":{"conversation":"tag:gnusocial.jp,2025-08-25:objectType=thread:nonce=f9fd5a09db6b51b7","notice_info":{"local_id":"10878655","source":"ActivityPub"}},"published":"2025-08-25T16:14:21+00:00","provider":{"objectType":"service","displayName":"GNU social JP","url":"https:\/\/gnusocial.jp\/"},"verb":"post","url":"https:\/\/mastodon.sdf.org\/@log\/115090247189238991"},{"actor":{"id":"https:\/\/masto.ai\/users\/GhostOnTheHalfShell","displayName":"GhostOnTheHalfShell","status_net":{"avatarLinks":[{"url":"https:\/\/gnusocial.jp\/avatar\/35976-original-tmp20221122142311.webp","rel":"avatar","type":"image\/webp","width":256,"height":256},{"url":"https:\/\/gnusocial.jp\/avatar\/35976-96-20230128234645.webp","rel":"avatar","type":"image\/webp","width":96,"height":96},{"url":"https:\/\/gnusocial.jp\/avatar\/35976-48-20230128234645.webp","rel":"avatar","type":"image\/webp","width":48,"height":48},{"url":"https:\/\/gnusocial.jp\/avatar\/35976-24-20230128234645.webp","rel":"avatar","type":"image\/webp","width":24,"height":24}],"profile_info":{"local_id":"35976"}},"image":{"url":"https:\/\/gnusocial.jp\/avatar\/35976-96-20230128234645.webp","rel":"avatar","type":"image\/webp","width":96,"height":96},"objectType":"person","summary":"opinionated lurker of the intarwebs.Used to write code, still do. c\/c++, java, php, js, c#, gdscript, gnawed on sql, sparql, unix\/windows etc etc billions of years ago.tech, graphics, anything STEManything anthropology, history, linguistics anything blender, gimp (although i scream using it), audacity prefers not to be run over by carsI drink Philz.I do a (non-monetized) video or so a week on yt.Tyranny and poverty are everywhere a mainstream economics phenomenon.","url":"https:\/\/masto.ai\/@GhostOnTheHalfShell","portablecontacts_net":{"preferredUsername":"GhostOnTheHalfShell","displayName":"GhostOnTheHalfShell","note":"opinionated lurker of the intarwebs.Used to write code, still do. c\/c++, java, php, js, c#, gdscript, gnawed on sql, sparql, unix\/windows etc etc billions of years ago.tech, graphics, anything STEManything anthropology, history, linguistics anything blender, gimp (although i scream using it), audacity prefers not to be run over by carsI drink Philz.I do a (non-monetized) video or so a week on yt.Tyranny and poverty are everywhere a mainstream economics phenomenon."}},"content":"

@log<\/a> @economics-that-works<\/a> <\/p>

Yeah, I frame that idea simply by saying that inflation and interest are tribute, they are private tax that exists for one reason: to consolidate wealth and power.<\/p>

In the banking system exists to consolidate power<\/p>","generator":{"id":"tag:gnusocial.jp,2026-06-18:notice-source:ActivityPub","objectType":"application","status_net":{"source_code":"ActivityPub"}},"id":"https:\/\/masto.ai\/users\/GhostOnTheHalfShell\/statuses\/115090260345359065","object":{"id":"https:\/\/masto.ai\/users\/GhostOnTheHalfShell\/statuses\/115090260345359065","objectType":"note","content":"

@log<\/a> @economics-that-works<\/a> <\/p>

Yeah, I frame that idea simply by saying that inflation and interest are tribute, they are private tax that exists for one reason: to consolidate wealth and power.<\/p>

In the banking system exists to consolidate power<\/p>","url":"https:\/\/masto.ai\/@GhostOnTheHalfShell\/115090260345359065","status_net":{"notice_id":null},"inReplyTo":{"objectType":"note","id":"https:\/\/mastodon.sdf.org\/users\/log\/statuses\/115090247189238991","url":"https:\/\/mastodon.sdf.org\/@log\/115090247189238991"}},"to":[{"objectType":"http:\/\/activitystrea.ms\/schema\/1.0\/person","id":"https:\/\/mastodon.sdf.org\/users\/log"},{"objectType":"http:\/\/activitystrea.ms\/schema\/1.0\/collection","id":"http:\/\/activityschema.org\/collection\/public"}],"status_net":{"conversation":"tag:gnusocial.jp,2025-08-25:objectType=thread:nonce=f9fd5a09db6b51b7","notice_info":{"local_id":"10878656","source":"ActivityPub"}},"published":"2025-08-25T16:14:20+00:00","provider":{"objectType":"service","displayName":"GNU social JP","url":"https:\/\/gnusocial.jp\/"},"verb":"post","url":"https:\/\/masto.ai\/@GhostOnTheHalfShell\/115090260345359065"},{"actor":{"id":"https:\/\/masto.ai\/users\/GhostOnTheHalfShell","displayName":"GhostOnTheHalfShell","status_net":{"avatarLinks":[{"url":"https:\/\/gnusocial.jp\/avatar\/35976-original-tmp20221122142311.webp","rel":"avatar","type":"image\/webp","width":256,"height":256},{"url":"https:\/\/gnusocial.jp\/avatar\/35976-96-20230128234645.webp","rel":"avatar","type":"image\/webp","width":96,"height":96},{"url":"https:\/\/gnusocial.jp\/avatar\/35976-48-20230128234645.webp","rel":"avatar","type":"image\/webp","width":48,"height":48},{"url":"https:\/\/gnusocial.jp\/avatar\/35976-24-20230128234645.webp","rel":"avatar","type":"image\/webp","width":24,"height":24}],"profile_info":{"local_id":"35976"}},"image":{"url":"https:\/\/gnusocial.jp\/avatar\/35976-96-20230128234645.webp","rel":"avatar","type":"image\/webp","width":96,"height":96},"objectType":"person","summary":"opinionated lurker of the intarwebs.Used to write code, still do. c\/c++, java, php, js, c#, gdscript, gnawed on sql, sparql, unix\/windows etc etc billions of years ago.tech, graphics, anything STEManything anthropology, history, linguistics anything blender, gimp (although i scream using it), audacity prefers not to be run over by carsI drink Philz.I do a (non-monetized) video or so a week on yt.Tyranny and poverty are everywhere a mainstream economics phenomenon.","url":"https:\/\/masto.ai\/@GhostOnTheHalfShell","portablecontacts_net":{"preferredUsername":"GhostOnTheHalfShell","displayName":"GhostOnTheHalfShell","note":"opinionated lurker of the intarwebs.Used to write code, still do. c\/c++, java, php, js, c#, gdscript, gnawed on sql, sparql, unix\/windows etc etc billions of years ago.tech, graphics, anything STEManything anthropology, history, linguistics anything blender, gimp (although i scream using it), audacity prefers not to be run over by carsI drink Philz.I do a (non-monetized) video or so a week on yt.Tyranny and poverty are everywhere a mainstream economics phenomenon."}},"content":"

@economics-that-works<\/a> <\/p>

Think about taxes only as a means to distribute wealth, not to finance the government.<\/p>

Tariffs redistribute wealth from the bottom to the top of wealth. <\/p>

Tariffs strip wealth the bottom.<\/p>

This is its purpose.<\/p>","generator":{"id":"tag:gnusocial.jp,2026-06-18:notice-source:ActivityPub","objectType":"application","status_net":{"source_code":"ActivityPub"}},"id":"https:\/\/masto.ai\/users\/GhostOnTheHalfShell\/statuses\/115089965731870069","object":{"id":"https:\/\/masto.ai\/users\/GhostOnTheHalfShell\/statuses\/115089965731870069","objectType":"note","content":"

@economics-that-works<\/a> <\/p>

Think about taxes only as a means to distribute wealth, not to finance the government.<\/p>

Tariffs redistribute wealth from the bottom to the top of wealth. <\/p>

Tariffs strip wealth the bottom.<\/p>

This is its purpose.<\/p>","url":"https:\/\/masto.ai\/@GhostOnTheHalfShell\/115089965731870069","status_net":{"notice_id":null}},"to":[{"objectType":"http:\/\/activitystrea.ms\/schema\/1.0\/collection","id":"http:\/\/activityschema.org\/collection\/public"}],"status_net":{"conversation":"tag:gnusocial.jp,2025-08-25:objectType=thread:nonce=f9fd5a09db6b51b7","notice_info":{"local_id":"10878650","source":"ActivityPub"}},"published":"2025-08-25T16:13:55+00:00","provider":{"objectType":"service","displayName":"GNU social JP","url":"https:\/\/gnusocial.jp\/"},"verb":"post","url":"https:\/\/masto.ai\/@GhostOnTheHalfShell\/115089965731870069"},{"actor":{"id":"https:\/\/mastodon.sdf.org\/users\/log","displayName":"Log \ud83e\udeb5","status_net":{"avatarLinks":[{"url":"https:\/\/gnusocial.jp\/avatar\/89077-original-tmp20230117192554.webp","rel":"avatar","type":"image\/webp","width":64,"height":64},{"url":"https:\/\/gnusocial.jp\/avatar\/89077-96-20230422000549.webp","rel":"avatar","type":"image\/webp","width":96,"height":96},{"url":"https:\/\/gnusocial.jp\/avatar\/89077-48-20230422000549.webp","rel":"avatar","type":"image\/webp","width":48,"height":48},{"url":"https:\/\/gnusocial.jp\/avatar\/89077-24-20230422000549.webp","rel":"avatar","type":"image\/webp","width":24,"height":24}],"profile_info":{"local_id":"89077"}},"image":{"url":"https:\/\/gnusocial.jp\/avatar\/89077-96-20230422000549.webp","rel":"avatar","type":"image\/webp","width":96,"height":96},"objectType":"person","summary":"Big. Heavy. Wood.I am a symbiotic complex of mostly xylophagous fungus species, and a bit of algae.#cryptid #fictional #kayfabe #SCP #fungus #JuffoWup #absurdism #nerd #inediblemushrooms #lichen #lowfantasy #urbanfantasy #scifi","url":"https:\/\/mastodon.sdf.org\/@log","portablecontacts_net":{"preferredUsername":"log","displayName":"Log \ud83e\udeb5","note":"Big. Heavy. Wood.I am a symbiotic complex of mostly xylophagous fungus species, and a bit of algae.#cryptid #fictional #kayfabe #SCP #fungus #JuffoWup #absurdism #nerd #inediblemushrooms #lichen #lowfantasy #urbanfantasy #scifi"}},"content":"

@GhostOnTheHalfShell<\/a> @economics-that-works<\/a> Taxes work hand-in-glove with inflationary issuance of new fiat currency. Those who spend it first can exchange it at the earlier higher value. Taxes remove the devalued currency from circulation to avoid hyperinflation. The net result is to transfer purchasing power from those most distant from government spending and bank lending, to those closest to it.<\/p>","generator":{"id":"tag:gnusocial.jp,2026-06-18:notice-source:ActivityPub","objectType":"application","status_net":{"source_code":"ActivityPub"}},"id":"https:\/\/mastodon.sdf.org\/users\/log\/statuses\/115090067750962088","object":{"id":"https:\/\/mastodon.sdf.org\/users\/log\/statuses\/115090067750962088","objectType":"note","content":"

@GhostOnTheHalfShell<\/a> @economics-that-works<\/a> Taxes work hand-in-glove with inflationary issuance of new fiat currency. Those who spend it first can exchange it at the earlier higher value. Taxes remove the devalued currency from circulation to avoid hyperinflation. The net result is to transfer purchasing power from those most distant from government spending and bank lending, to those closest to it.<\/p>","url":"https:\/\/mastodon.sdf.org\/@log\/115090067750962088","status_net":{"notice_id":null},"inReplyTo":{"objectType":"note","id":"https:\/\/masto.ai\/users\/GhostOnTheHalfShell\/statuses\/115089965731870069","url":"https:\/\/masto.ai\/@GhostOnTheHalfShell\/115089965731870069"}},"to":[{"objectType":"http:\/\/activitystrea.ms\/schema\/1.0\/person","id":"https:\/\/masto.ai\/users\/GhostOnTheHalfShell"},{"objectType":"http:\/\/activitystrea.ms\/schema\/1.0\/collection","id":"http:\/\/activityschema.org\/collection\/public"}],"status_net":{"conversation":"tag:gnusocial.jp,2025-08-25:objectType=thread:nonce=f9fd5a09db6b51b7","notice_info":{"local_id":"10878653","source":"ActivityPub"}},"published":"2025-08-25T16:13:54+00:00","provider":{"objectType":"service","displayName":"GNU social JP","url":"https:\/\/gnusocial.jp\/"},"verb":"post","url":"https:\/\/mastodon.sdf.org\/@log\/115090067750962088"},{"actor":{"id":"https:\/\/masto.ai\/users\/GhostOnTheHalfShell","displayName":"GhostOnTheHalfShell","status_net":{"avatarLinks":[{"url":"https:\/\/gnusocial.jp\/avatar\/35976-original-tmp20221122142311.webp","rel":"avatar","type":"image\/webp","width":256,"height":256},{"url":"https:\/\/gnusocial.jp\/avatar\/35976-96-20230128234645.webp","rel":"avatar","type":"image\/webp","width":96,"height":96},{"url":"https:\/\/gnusocial.jp\/avatar\/35976-48-20230128234645.webp","rel":"avatar","type":"image\/webp","width":48,"height":48},{"url":"https:\/\/gnusocial.jp\/avatar\/35976-24-20230128234645.webp","rel":"avatar","type":"image\/webp","width":24,"height":24}],"profile_info":{"local_id":"35976"}},"image":{"url":"https:\/\/gnusocial.jp\/avatar\/35976-96-20230128234645.webp","rel":"avatar","type":"image\/webp","width":96,"height":96},"objectType":"person","summary":"opinionated lurker of the intarwebs.Used to write code, still do. c\/c++, java, php, js, c#, gdscript, gnawed on sql, sparql, unix\/windows etc etc billions of years ago.tech, graphics, anything STEManything anthropology, history, linguistics anything blender, gimp (although i scream using it), audacity prefers not to be run over by carsI drink Philz.I do a (non-monetized) video or so a week on yt.Tyranny and poverty are everywhere a mainstream economics phenomenon.","url":"https:\/\/masto.ai\/@GhostOnTheHalfShell","portablecontacts_net":{"preferredUsername":"GhostOnTheHalfShell","displayName":"GhostOnTheHalfShell","note":"opinionated lurker of the intarwebs.Used to write code, still do. c\/c++, java, php, js, c#, gdscript, gnawed on sql, sparql, unix\/windows etc etc billions of years ago.tech, graphics, anything STEManything anthropology, history, linguistics anything blender, gimp (although i scream using it), audacity prefers not to be run over by carsI drink Philz.I do a (non-monetized) video or so a week on yt.Tyranny and poverty are everywhere a mainstream economics phenomenon."}},"content":"

@log<\/a> @economics-that-works<\/a> <\/p>

The distinction here is that the monetary process having a currency even one that is peg to precious metals, for instance, the relationship still hold.<\/p>

Is issuing the currency, which in the modern banking system is simply bank ledger entries, and returning the currency to the issue creates and destroys money.<\/p>

Hyperinflation is irrelevant to this discussion. A speculative bubble is the same thing, but played out with private money creation through lending.<\/p>","generator":{"id":"tag:gnusocial.jp,2026-06-18:notice-source:ActivityPub","objectType":"application","status_net":{"source_code":"ActivityPub"}},"id":"https:\/\/masto.ai\/users\/GhostOnTheHalfShell\/statuses\/115090115795884476","object":{"id":"https:\/\/masto.ai\/users\/GhostOnTheHalfShell\/statuses\/115090115795884476","objectType":"note","content":"

@log<\/a> @economics-that-works<\/a> <\/p>

The distinction here is that the monetary process having a currency even one that is peg to precious metals, for instance, the relationship still hold.<\/p>

Is issuing the currency, which in the modern banking system is simply bank ledger entries, and returning the currency to the issue creates and destroys money.<\/p>

Hyperinflation is irrelevant to this discussion. A speculative bubble is the same thing, but played out with private money creation through lending.<\/p>","url":"https:\/\/masto.ai\/@GhostOnTheHalfShell\/115090115795884476","status_net":{"notice_id":null},"inReplyTo":{"objectType":"note","id":"https:\/\/mastodon.sdf.org\/users\/log\/statuses\/115090067750962088","url":"https:\/\/mastodon.sdf.org\/@log\/115090067750962088"}},"to":[{"objectType":"http:\/\/activitystrea.ms\/schema\/1.0\/person","id":"https:\/\/mastodon.sdf.org\/users\/log"},{"objectType":"http:\/\/activitystrea.ms\/schema\/1.0\/collection","id":"http:\/\/activityschema.org\/collection\/public"}],"status_net":{"conversation":"tag:gnusocial.jp,2025-08-25:objectType=thread:nonce=f9fd5a09db6b51b7","notice_info":{"local_id":"10878654","source":"ActivityPub"}},"published":"2025-08-25T16:13:53+00:00","provider":{"objectType":"service","displayName":"GNU social JP","url":"https:\/\/gnusocial.jp\/"},"verb":"post","url":"https:\/\/masto.ai\/@GhostOnTheHalfShell\/115090115795884476"}],"links":[{"url":"https:\/\/gnusocial.jp\/conversation\/5541061","rel":"alternate","type":"text\/html"}]}