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paulportesi's profile
Paul Portesi  ن​
Paul Portesi  ن​
Paul Portesi ن​
@paulportesi

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Paul Portesi ن​

@paulportesi

Attempting attitude of Grigori Perelman. Many ideas and terminology generated from NNT Incerto. Της φυλακής τα σίδερα είναι για τους λεβέντες

Morgan Hill, Ca
youtu.be/lUjtfIylQpY
Joined September 2011

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    Paul Portesi ن​‏ @paulportesi 28 Apr 2020

    Paul Portesi ن​ Retweeted Joe Norman

    Via negativa. My thought is take away central banking. Central Banking is about maintaining preferential attachment & artificially growing economy through tail risk selling. Remove Fed removes the steroids Things will stay naturally small. Thus government would stay small.https://twitter.com/normonics/status/1255158591956361216 …

    Paul Portesi ن​ added,

    Joe Norman @normonics
    I love everything about distributism except its reliance on progressive taxation to keep things small What are some other possible mechanisms?
    10:05 AM - 28 Apr 2020
    • 7 Retweets
    • 14 Likes
    • Daniel Enea Joseph Miller Tunica Intima M Martin Erlić Steven Fyan~ 🐚 𝚠𝚒𝚕𝚍𝚏𝚕𝚘𝚠𝚎𝚛 🌺 rchakraborty Habemus Bitcoin
    3 replies 7 retweets 14 likes
      1. Miguel de Deus‏ @miguel_de_deus 28 Apr 2020
        Replying to @paulportesi

        It's a bit optimistic that the lack of a central bank keeps things small, no? In Europe, for example, you didn't have traditional big central banking until the 1660s, but before you already had huge state owned/backed enterprises to monopolize colonial trade. Chartered firms too.

        0 replies 0 retweets 0 likes
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      2. Dan Ferris‏ @dferris1961 28 Apr 2020
        Replying to @paulportesi

        Agreed. Pre-Fed, "panics" would bankrupt a few dozen banks now and then, a standard culling process found throughout nature. Post-Fed, half the banks disappeared in the Great Depression. There shouldn't be a banking system, but merely so many banks.

        2 replies 2 retweets 6 likes
      3. Joseph Miller‏ @dysangelistes 28 Apr 2020
        Replying to @dferris1961 @paulportesi

        If we don't build the Titanic, she never sinks.

        1 reply 1 retweet 1 like
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