Musings of a Wayward Philosopher

submitted by jwithrow.Musings of a Wayward Philosopher

Journal of a Wayward Philosopher
Musings of a Wayward Philosopher

August 4, 2015
Hot Springs, VA

The S&P closed out Monday at $2,091. Gold closed at $1,089 per ounce. Oil checked out just under $46 per barrel, and the 10-year Treasury rate closed at 2.21%. Bitcoin is trading around $278 per BTC today.

Dear Journal,

We launched the inaugural volume of Musings of a Wayward Philosopher yesterday with relative success. The ebook is currently ranked #1 in Economics>Commerce and #3 in Education&Reference in Amazon’s Kindle store. The paperback is ranked #127 in Economics>Commerce after day 1.

I am slowly learning how to market online, and I must say it is extremely uncomfortable. I started day one of the book campaign off by running a Facebook Ad. I stopped using Facebook personally more than three years ago once I learned that their entire business model was to take your personal information and sell it to the highest bidder. Then I learned they may or may not be handing your personal information over to the Feds for free also. Needless to say, I don’t care much for Facebook and yesterday I paid them to run an ad for me. I’m not too proud about that, but I can’t dispute the fact that it is a medium for reaching a lot of people. Facebook told 7,688 people about my book for me. They may also tell the good folks in our intelligence agencies about my book at the end of this month, I’m not sure. I suppose they are welcome to pick up a copy also.

After setting up the Ad, I spent the better part of yesterday submitting my book to a multitude of online directories geared towards independent authors. I paid a handful of them a few bucks for a guaranteed spot on their feature list. Though tedious, I didn’t mind this method of marketing as much. These directories have built a following of people interested in self-published books and they promise to tell their following about your book for a small fee. That’s a win-win. Continue reading “Musings of a Wayward Philosopher”

Disintermediate the State

submitted by jwithrow.disintermediate the state

Journal of a Wayward Philosopher
Disintermediate the State

July 15, 2015
Hot Springs, VA

The S&P closed out Tuesday at $2,109. Gold closed at $1,155 per ounce. Oil checked out above $53 per barrel, and the 10-year Treasury rate closed at 2.399%. Bitcoin is trading around $293 per BTC.

Dear Journal,

The Greek banks are still closed as I write to you today. Let’s revisit the timeline real quick:

Saturday, June 27: The head of the government’s coalition ally in Greece advised “Citizens should not be scared, there is no blackmail. The banks won’t shut, the ATMs will (have cash). All this is exaggeration.”

Sunday, June 28: Prime Minister Alexis Tsipras announced that Greek banks would be closed until Monday, July 6. “The bank deposits of the Greek people are fully secure”, he added.

Sunday, July 5: The national referendum on the EU’s proposed bail-out is held. Greek citizens vote “no” emphatically.

Monday, July 15: Prime Minister Alexis Tsipras conceded to a bail-out agreement with the EU consisting of terms very similar to the bail-out Greek citizens voted against ten days prior.

Wednesday, July 15: Greek banks are still closed and there has been talk of a 30% haircut on all deposit accounts in excess of €8,000.

As we can clearly see, the Greek people have been mislead and lied to throughout this entire process. The Greek political class threw the people a bone with the referendum on July 5 to ease some of the discontent and then they proceeded to ignore the results of the referendum entirely. Those of us familiar with laissez-faire philosophy are not surprised by this in the least. Such is the nature of the relationship that exists between governments and citizens everywhere. Continue reading “Disintermediate the State”