Stuffy stuff.

evangelism/episodes/episode_3.md

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+# Operation Saylor Episode - 3/120
+
+Hi again and welcome to another episode of the Operation Saylor. This is update number 3, corresponding to September 
+2022.
+
+If you are reading this for first time, you might want to check [Episode 1](https://stacker.news/items/47539), where my
+plan and details are explained. That will get you in context.
+
+---
+
+## Stats
+
+- BTC stack: XXXXX BTC
+- € stack: XXXXX €
+- Current total value in €: XXXXX €
+- € into BTC: XXXXX €
+- Paid back to bank: 732.40 €
+- Outstanding debt: 43211.93 €
+- Installments to go: 119
+
+Charts
+
+- BTC churn chart
+- Value of stack vs Outstanding debt with the bank
+
+---
+
+## Log
+
+This past month I read through Jeff Booth's [The Price of Tomorrow](https://b-ok.xyz/book/5521985/be464d). It was an ok
+read. I must confess I was very hyped about it since Jeff's appeareances in different interviews and podcasts are
+great, and everyone and their mother say that the book is brilliant, but I was not that impressed. I felt the book
+covered the idea that we are heading towards a tremendously deflationary era interestingly, but there were many other
+contents which felt like dull, average-business-magazine ideas, like the section on AI. I also felt a bit disappointed
+because Jeff makes a great point on how deflation poses a societal challenge since our current distribution of wealth
+through salaried labour will break down and we don't have an alternative for that now, but didn't really discuss much
+what could be done about that.
+
+Actively reading on ideas about deflation put it in the background on my mind and lately I kept on seeing things in my
+daily life and somehow relating them to deflation. A few days ago, I was watching TV news and they pulled some charts
+with the [demographic pyramids](https://www.populationpyramid.net/europe/2022/) of a few countries. As it tends to be
+with these sections, the message was rather alarmist, warning about how the pension systems of a few countries in
+Western Europe would become unsustainable (_if only these demographic changes could be foreseen decades ahead, maybe
+then governments could have smoothly pivoted the pension systems to more adequate schemes instead of dooming future
+generations to be left holding the bag..._) and how the economy would stop growing.
+
+This desire for the population to grow constantly has always puzzled me. Why is it desirable at all? A friend of mine
+and I used to end up stuck at traffic jams and we would joke about how our city would be so much friendly if we only
+had half the people around. I guess there are many things nowadays which can only be sustained if the population growth
+rate stays positive, but is it truly negative if they break down? Or is it just that sort of positive destruction that
+Austrian economics defends as healthy because it re-allocates resources into the right ventures?
+
+I guess I need to get my hands on a book about demographics now... Thanks for reading and I'll see you around next
+month.
+
+
+
+---
+
+## Previous episodes
+
+- Episode 1: [https://stacker.news/items/47539](https://stacker.news/items/47539)
+- Episode 2: [https://stacker.news/items/61708](https://stacker.news/items/61708)