Damus
Open in Damus
keystroke profile picture
keystroke
@keystroke
npub13fzz30thm4809h59a90qfxjs3q6svzddwnxwcrsrdwu7658sewwsq2wqpfnpub
[email protected]nip05
[email protected]lnurl
Relays (16)
  • wss://brb.io/ – read & write
  • wss://eden.nostr.land/ – read & write
  • wss://jiggytom.ddns.net/ – read & write
  • wss://nos.lol/ – read & write
  • wss://nostr-pub.wellorder.net/ – read & write
  • wss://nostr.bitcoiner.social/ – read & write
  • wss://nostr.einundzwanzig.space – read & write
  • wss://nostr.fmt.wiz.biz/ – read & write
  • wss://nostr.onsats.org/ – read & write
  • wss://nostr.orangepill.dev/ – read & write
  • wss://nostr.relayer.se/ – read & write
  • wss://relay.current.fyi/ – read & write
  • wss://relay.damus.io/ – read & write
  • wss://relay.nostr.info/ – read & write
  • wss://relay.snort.social/ – read & write
  • wss://nostr.einundzwanzig.space/ – read & write

Recent Notes

Economista Austriaco · 17h
1971: -Gold was $43/oz -Average hourly wage was $3.70 -Time needed to buy one oz of gold: 11.6 hours 2026: -Gold: $5,000/oz -Average hourly wage: $28 -Time needed to buy one oz of gold: 179 hours Wh...
 keystroke profile picture
keystroke @keystroke
Your math is technically correct, but the comparison is misleading. In 1971 the dollar was still officially tied to gold at $35/oz for governments — market forces were constrained and the dollar’s role was different. Once Nixon closed the gold window, gold was allowed to float and its dollar price shot up (to about $180 by 1974) as the dollar lost purchasing power.

So you're not wrong. The effects just have been less extreme.

2❤️4
Jerome Powell 21iQ 40TPW · 8h
The average hourly wage in 1975 was $6.03 * 12 hours = 0.402oz gold. That's still far less than 0.07 oz gold you get for 12 hours today. The Cantillon Effect is working as intended. 🧐
G Force G · 7h
Yeah it really means that the timeline starts before the dollar was pegged to $35 an oz.
keystroke profile picture
Setting up an AI assistant like OpenClaw is unexpectedly profound. You can't tell it who to be until you know who you are. What do you want? What matters? What do you need help with? Configuring a bot becomes a mirror — therapy disguised as tech setup. Introspection disguised as a config file.