We can also help the effects. Buy Argentine products! Market Argentine products!
Great beef, mate. Try Dulce de Leche!
If Milei's reforms go through, you are about to see a huge increase of agricultural exports from Argentina and we can help the libertarian revolution through co
@roilhi_ibarra
@bandidodiamante
Sam's y Costco literal fueron creados para revendedores al menudeo asi como las tienditas que tu mencionas en Ensenada.
@agusantonetti
Agustín,solo por cuestion d precisión
SWIFT es un sistema financiero d comunicación,no el sistema de pagos en sí
Sin SWIFT todavía pueden hacer pagos,pero solo q tienen q hacer mas pasos
Es una noticia excelente,pero todavía falta
No los han sacado del sistema de pagos todavía
🔽
@LegendaryEnergy
@JMilei
didn't devalue, it just made the government rate that was way off, to be the market rate.
The former administration had the exchange rate to be 400 to 1, when market rate was 1,000 to 1. So the difference had to be paid by tax payers.
Milei just stopped the madness
@bandidodiamante
Correcto
Comprar al mayoreo y vender al menudeo es una forma clásica y natural de emprendimiento.
Las compras al mayoreo no representan la etapa final de la producción; el menudeo lo es. Por eso, los vendedores al por menor que ofrecen productos del por mayor de Costco están
@Mpaulapaezj
Con la persona que tengas que ser así, no es para ti. Es un persona más que no tiene conexión contigo, así que si le das atención, tu atención pierde valor rápidamente para esta persona.
Es mejor esperarte a que encuentres a alguien que tu atención no pierda valor.
Hasta donde sabemos, el saldo de
@ChivoWallet
no es ni
#Bitcoin
ni
#USD
.
El saldo de
#ChivoWallet
es una deuda del gobierno, lo opuesto a BTC.
Tenemos que enseñar a los Salvadoreños a mover sus BTC a non-custodial wallets, lo más pronto posible.
@DanyAlos
, porfa habla de esto.
@ChivoWallet
balance is not
#BTC
#ChivoWallet
balance is a gov debt, and it doesn't even pay interest on top of that.
We have to get people to non-custodial wallets as much as we can.
Please read
#B
öhmBawerk
Wages are discounted for time, financial risk, & liquidity/saleability
Workers could get paid more at the end of the production & sale process if they invested their earnings in the company they work for, but that's not what workers need.
Workers need
To my left-libertarian friends, Milei truly is your guy here, on the workers coop path to privatization
You are gonna love every sentence from him here.
Summary:
- Workers know more than the state to manage the company
- The workers are not the problem
- Workers wil "clean &
@agusantonetti
Los EEUU ya cortaron a 2 bancos rusos gigantes del sistema de pagos en dólares. Ya no pueden hacer pagos en dólares. Solo falta la Unión Europea para que ya no puedan hacer pagos en euros.
SWIFT es una asunto importante pero no es el sistema de pagos en sí.
@PregoneroL
Se tienen que hacer los dos.
Necesitas los recursos de afuera (importaciones) tanto como el dinero externo (exportaciones)
El gobierno que le da prioridad a uno sobre el otro, des coordina a su sociedad productiva.
@armesillaconde
Armesilla, ese es Rothbard, puedes editarlo o hacer un Tweet nuevo.
Y como Rallo no es Rothbardiano, pues tu punto es irrelevante a tu deseo de rebatir a Rallo.
Great paper by
@JuanRallo
Hayek's
#AustrianBusinessCycleTheory
applies to the real side of the economy, & Minsky's instability hypothesis can complement the ABCT in the financial side of the economy
I would say they are close to be two faces of the same coin
🟣 A 6 meses del gobierno de Milei 🇦🇷:
✅ Brecha: 150% --> 35%
✅ Dólar MEP: $986 --> $1.282
✅ Dólar Blue: $990 --> $ 1.265
✅ Reservas del BCRA: USD 21.017 --> USD 29.297
✅ TNA: 133% --> 40%
✅ Inflación: acelerando --> desacelerando (se estima que en mayo sea del 5%, siendo
Egg prices are up 60%. That’s absurd. People are paying up upwards of $6 and $7 for a dozen eggs.
Why? Corporate greed.
Cal-Maine, the largest egg producer in the US, is raking record profits — $198 million in its latest quarter.
That’s a 65% increase from a year ago.
@nayibbukele
1. El fideicomiso de BANDESAL de $150m? El mismo q se iba a usar para comprar BTC?
2. De dónde estan comprando los alimentos a entregar? La intuición no es mala, pero si son comprados localmente por parte del gobierno, no cambia la demanda y por lo tanto no cambia los precios.
Although Javier Milei is a self-described "Austrian Economist", on a Chicago Economics note, worth noting that he has a dog named after Milton (in honor of Milton Friedman) as well as two dogs named Robert and Lucas (both named after Robert Lucas) (
@UChi_Economics
)
@The_Hellenist
Acts 17
24 “The God who made the world and everything in it is the Lord of heaven and earth and does not live in temples built by human hands.
25 And he is not served by human hands, as if he needed anything. Rather, he himself gives everyone life and breath and everything
@AKN4710
*Mayores riesgos fiancieros, no riesgos físicos.
No deberías tener la necesidad de describir equivocadamente las ideas de otros, si tus ideas tuvieran algo de mérito.
@cristiancim
El headline debia ser 20 anhos.
Cristina, crees tu que es bueno o malo que depues de 20 anhos por fin los Argentinos tienen una seman en el que su costo de vida no subio?
Yes, bank customers own the bank's deposit liabilities.
They are your financial assets, like owning an bond.
What commercial banks' customers don't own is the bank's assets (reserves, loans, bonds, buildings, nor the rest of the assets).
W/sadness on one hand, I inform u that my beloved father died last week
But on the other hand,th tweet below is a small window into my father's influence on my life&how greatful I am bc of the Father I was given
Some more stories of his greateness below
@DrorGoldberg
Similar relationship with my dad.
Dad: We are poor now
Me: Why?
Dad: The MX Peso devalue in half form one day to another.
Me: Ok, but why?
Dad: I don't know, figure it out.
And then I became a Macroeconomist.
😀
No, central planners fail bc they think all they need is computation capacity, when what they cannot acquired is the knowledge of how to economically allocate multiple production inputs, bc they don't have market prices nor flows of profits & loses.
@Marcjac47016208
Because the issue is that capitalism requires infinite growth and maximizing profits at all costs which will inevitably take more and more from working people. Housing is just a single symptom.
Eugen von
#B
öhmBawerk wrote:
"Interest is not an accidental historico-legal category, which makes its appearance only in our individualistic & capitalist society, & will vanish w/it; but an economic category which springs from elementary economic causes, & therefore, w/o
@ChivoWallet
balance is not
#BTC
#ChivoWallet
balance is a gov debt, and it doesn't even pay interest on top of that.
We have to get people to non-custodial wallets as much as we can.
Your weekly reminder that the Mises-Hayek calculation argument against socialist nation-state central planning is not computational, but epistemic.
A socialist system cannot calculate the opportunity costs of different input resource combinations.
This bc a socialist system
"Where there are no market prices for the factors of production...Chaos and poverty for all will unavoidably result."
~
#Mises
The socialist calculation debate has nothing to do w/computation technology nor computing power, but (unlike in a more free-market situation) about the
This gas station in 🇺🇾 is:
- 100% owned by the state
- Its name is Ancap
- It's colors are now black & yellow
(The matrix is playing mind games w/us guys)
So,
#Menger
was a Free-Banker:
"Because of their lending&investing, & especially because of their usually extensive discounting of
#BillsOfExchange
,however,they are in a position to satisfy the public’s temporary increased demand for circulating media...
1️⃣🔽
#AustrianEconomics
@batallan_lupe
Lupe, salte de Twitter
Te está haciendo más daño.
No tienes la obligación de contestarle a nadie.
Nadie es dueño de tu tiempo y atención, excepto Dios.
Por tu bien, salte.
*Tariffs are taxes on FOREIGN goods, payed directly & indirectly by Americans. Tariffs benefit the industry protected & punish every other 🇺🇸American🇺🇸
Rising tariffs are how elites impose a higer cost of living on their population under the guise of patriotism.
Be be a true
Tariffs are taxes on FOREIGN producers, not American. Tariffs are what built America. Ripping down tariffs are how globalist elites gutted manufacturing towns in South Carolina. And restoring tariffs are how we bring those jobs back.
@BrownianBrotion
The level of talent in 🇦🇷 is over the top. Javo is just trying to direct that enormous talent towards freedom & prosperity.
Imagine that talent uses for statist garbage
= 143% inflation & the biggest bureaucracy known.
Daniel Vaeza, Spanish financier:
"I do business with banks in Ecuador, Panama, & El Salvador, which are dollarized.
**What I find is that local banks are very cautious. They manage their liquidity w/excess caution bc there's no lender of last resort.**
So, they handle high
.
@TuckerCarlson
has been fooled by exchange rates.
Imagine when he went to 🇦🇷 to interview Milei, he would have said "oh look, the cost of living in 🇦🇷 is so low, Argentines are so lucky" & then ignore their income's purchasing power.
Whenever you feel like you want more engagement in your Twitter account, just post a mild inaccuracy about Yerba Mate & tons s of 🇦🇷Argentines & Uruguayans🇺🇾 will fill your posts w/comments trying to correct it.
😀
This is Real GDP without government spending.
There was no contraction, why does Peter Schiff fantasizes with an inexistent contraction?
It is OK to be wrong.
Do not lose your soul for cheap likes.