Posts Tagged With: saifedean ammous

Everything We’ve Been Taught About Health is Wrong

You may have heard how Americans are unhealthier than ever, in spite of billions spent on healthcare. Not surprising since healthcare tries to fix the problems after the fact, instead of addressing root causes. How did health begin to spiral out of control? One major reason began, not surprisingly, with government meddling.

The government’s devaluation of the dollar in 1971, allowing Congress to spend endlessly and thus devaluing the dollar even further, effectively destroyed vibrant, healthy, American agriculture. Saifedean Ammous details the history in The Fiat Standard, and here are some highlights:

Government policies begun in the 1970s “killed small-scale agriculture and forced small farmers to sell their plots to large corporations, consolidating the growth of industrial food production, which would in due time destroy America’s soil and its people’s health…” This brought down the prices of industrialized foods, but “the quality of food was degraded…[and] as prices of highly nutritious foods rise, people are inevitably forced to replace them with cheaper alternatives.”

Instead of issuing dietary guidelines based on science, they are often designed “to promote cheap industrial food substitutes” and are “shaped by an increasingly powerful agricultural industrial complex…The food pyramid is a recipe for metabolic disease, obesity, diabetes, and a plethora of health problems that have been increasingly common…” Industrial foods are often full of “toxic, heavily processed industrial chemicals misleadingly referred to as ‘vegetable oils’…as well as the abomination that is margarine.”

“Refined sugar and flour can be better understood as drugs…[the process] is similar to the refining process that has made cocaine and heroin such highly addictive substances…Government subsidies for the production of unhealthy foods-and government scientists recommending and requiring we eat them…[has resulted in a] dietary transition on Americans’ health [that] has been calamitous…their mental and physical health are deteriorating…increasing obesity is not a sign of affluence but a symptom of deprivation…The ever-increasing cost of medication and healthcare cannot be understood without reference to the destruction of health, diet, and soil, and the economic and nutritional system that promoted this calamity.”

Healthy cultures “relied heavily on animal products…junk food cravings are also a result of deep malnutrition caused by not eating enough meat.”

“Americans are not fat because of prosperity and abundance; Americans are fat because they are malnourished and nutritionally impoverished.”

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Tired of Government Mandated Debt Slavery?

I’m old enough to remember when the first trillion dollar debts created outrage. Now politicians of all sides routinely sign off on tens of trillion dollars of deficit spending. If people took the time to understand economics, they would understand how detrimental this is to their lives, and to future generations. Such spending devalues an already devalued currency. This allows government to spend even more recklessly (funding endless wars and everything else), and means your wealth is a fraction of what it could be. Thus you can’t provide for the future, or even maintain the highest quality of life in the present.

Here’s some quotes from Saifdean Ammous’ books, The Bitcoin Standard and The Fiat Standard, introducing the dangers of deficit spending, and how it has ruined our buying power and wealth. His peerless books are an education in the history of economics and how it was grossly manipulated by our leaders at our expense. Someday the bubble will burst. If you want to prevent that, and provide a better future for your descendants, read Ammous’ books and help forge a brighter path.

Why deficit spending is a terrible idea:

“One of the most mendacious fantasies that pervades Keynesian economic thought [and government economics] is the idea that the national debt ‘does not matter, since we owe it to ourselves.’ Only a…disciple of Keynes could fail to understand that this ‘ourselves’ is not one homogeneous blob but is differentiated into several generations – namely, the current ones which consume recklessly at the expense of future ones…this policy…was employed by the decadent emperors of Rome during its decline…

“Debt is the opposite of saving. If saving creates the possibility of capital accumulation and civilizational advance, debt is what can reverse it, through the reduction in capital stocks across generations…[today’s] generation has to work to pay off the growing interest on debt, working harder to fund entitlement programs they will barely get to enjoy while paying higher taxes and barely being able to save for their old age.”

Why massive government spending isn’t needed:

“The end of World War II and the dismantling of the New Deal meant the U.S. government cut its spending by an astonishing 75% between 1944 and 1948, and it removed most price controls for good measure. And yet, the U.S. economy witnessed an extraordinary boom during these years…[and millions of men from the war] were almost seamlessly absorbed into the labor force…”

What this has all done to the spending power of your money:

“The average U.S. home price in 1915 was $3500. In 2021 it was $269,039…Had the fiat [government issued money] standard adopted a fixed supply in 1914…the average American house would today cost $411.”

Do you choose collapse, or freedom from slavery?

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