What I Just Read

In the modern centralized monetary system, all values are inverted. Debt masquerades as money, the system imposes structural inflation and monetary debasement on everyone, and GDP "growth" is an economic illusion built on that inflation and debasement. Nearly everyone gets fooled into thinking their wages, home values and stock portfolios are "rising"--and this is yet another illusion thanks to the steady debasement of the money. In such a system, anyone living off wage income, who isn't (yet) an asset owner, gets squeezed a little tighter every year. And this is the primary reason we have a so-called K-shaped economy, where asset owners do well, while those living off their labor value don't. It all comes from steady, deliberate monetary debasement. Our author believes this is immoral, and he's right. He believes that the institution behind our monetary system (the US Federal Reserve) is immoral, and he's right. Further, he believes the entire poli...

This book is a praxis: a set of real-world practices for navigating reality as it is, rather than how we wish it to be. The language is clear and direct, and the book aggregates into a highly robust and coherent work of practical, livable philosophy. Author Harry Browne developed this philosophy over the course of many years, and it's inspiring to hear him talk about his mistakes, his refinements in thinking over time, and the surprising and often liberating benefits that came his way as he followed his own practices. This author eats his own cooking, and the result is a generous gift to readers. This does not mean you'll agree with everything the author writes! In fact, Browne encourages readers to disagree with him as we sort out  our specific values, rules and boundaries. He wants volitional readers, not readers looking to be told what to think and do. We'll come back to this idea. [A quick  affiliate link to Amazon  for those readers who would like to support my wor...