RE: What is the Steem Network? Trace Mayer dips in his toes with Chris Coney by jtstreetman

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steemit · @jtstreetman · Aug 20 '16 (edited)

@tracemayer Excellent interview ! Upvoted ! (Already following) The more I learn of you the more I like. (This has been going on for a couple years now, lol)
As to the podcast. One of the points that I really liked is your excitement about the possibilities of steemit.com. I'm 55 and know that MOST "older" folks and even most of the younger people don't (imo) really understand what the possibilities are of immutable access to information.
Were you aware that most small town libraries are now filling the shelves with "pop" culture books and retiring the "Books that don't sell"? We are being "professionally" (As was mentioned in the podcast) inundated with misinformation. In America It is so hard to have a "real" conversation with a stranger, friends or even family because most (imo) are educated with "soundbites" and magazine articles that are for the most part, pure tripe.

This Neo education is what all intellectuals are upset about. How can we proceed to be free in this environment? Steemit.com could become an unbelievable resource (imo) as long as we continue to entice people like yourself, that are "classically" educated (Meaning, checking Referencess before accepting as truth.)

It is so hard now to talk to most people about economics, and the direct relations to freedom. Most don't understand the basic concepts, much less Austrian views. The discussion ends there with a plea to look at mises.org ... People talk about freedom but have never read "The law" or have never even heard of F. Bastiat, or for that matter, Von Mises, Rothbard, Hayek or Menger and heaven forbid mentioning Rand or Atlas Shrugged. Who IS John Galt !!!
Not to mention of course "Jekyll Island" or even "The Creature from Jekyll Island", Kudos to you btw, for that interview with G. Edward Griffin !!! That was another great interview. what a great man !
Sorry for the rant, I loved the podcast !

👍 tracemayer, garretjames

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@tracemayer · Aug 20 '16

Excellent points. Education truly is the key to opportunity. Fortunately what people do understand is their own standard of living. And when one can break through on that point then one can really make an impression. Plus, truth will cleave its own way.

For example, my father's first job out of college paid 25.7 ounces of gold per month or about $500,000 per year at current exchange rates. For a college graduate with no experience. That is how much the State has conscripted the average American person's standard of living into the industrial complex!

👍 eslopez92

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@jtstreetman · Aug 20 '16

preaching to the choir !, lol, but a very good point ... no opposition here though !
I wish i could remember my sources better ..argh, lol here is one for you.  
The price of gold ... 1k yrs ago with 1 oz. of gold you could purchase a NICE robe, a handmade belt and a pair of handmade high quality sandals.  Today with 1 oz. of gold you can purchase a very nice suite, a handmade belt and a pair of handmade high quality shoes ...
Nothing has changed but the deception of what we call money ... !

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@tracemayer · Aug 20 '16

I have never really seen a credible and verifiable source for that assertion. Anyway, what one would want from their money is for the price of other goods and services to decrease relative to it. This would indicate greater productivity in the economy.

After all, if society is now using tractors and semi-trucks instead of plows and horses then you would hope to have an increased standard of living. Sure, there is the Golden Constant to deal with, from Professor Jastram, but that should be the general trend.

And that is largely what humanity has seen since around 1800 the average person in the most developed countries earned about $2.00 per day in today's value.

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