Don Dahir

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Don Dahir
🛡️ dondahir@nostrplebs.com
npub180ym...urwd
Architecture | Bitcoin enthusiast
Great listen folks!! Just something I was thinking when listening: I think credit creation IS the source of the problem and I think in Asian countries credit was only created for productive (in the beginning at least) which means the economies actually expanded but in the west, it went into non productive means like housing, cars, general lifestyle etc. The think 99% of the money supply and the real source of inflation is actually from local banks giving out loans not the central bank. Every single mortgage that someone takes, every student loan, car loan, credit loan is money created out of thin air. These unproductive loans is literally why everything is so expensive.
Fountain
Riba Resistance • 3. How the Fiat System Steals Your Future • Listen on Fountain
In this episode, we break down how fiat money actually works—and why inflation functions as a tool of wealth extraction rather than an economic a...
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I was at the grocery store grabbing a few items and at the self checkout, I witnessed what was probably the boldest request I have ever seen: “would like to round up the total cost?” These mfers got tired of asking for donations, they just straight up went “do you mind?” I clicked no so fast, I forgot to take a picture to capture the moment as I couldn’t believe my eyes.
A great point that was in the episode that I really liked was that fiat was inevitable because as our ability to communicate faster evolved, gold became more and more a technology of the past. Which is why an invention like “digital gold” is the obvious next evolution that money needs to make in the digital age! View quoted note →