The system where everybody loses is fiat money, because the money always loses value. Bitcoin is the opposite.
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The system where everybody loses is fiat money, because the money always loses value. Bitcoin is the opposite.
You should probably seek professional help if market changes have this kind of effect
You could take all the money of all billionaires… that would cover government expenses for about half a year. The state doesn’t have a revenue problem, it has a spending problem.
Dunno, I hear lots of young people say that.
The systems that destroyed our society were created by boomers and Regan
Which system do you think destroys our society?
All they do is whine
So just like you?
How are lower interest rates, which leads to more money in the system, which leads to more inflation, good for the working class?
The whole word dropped their interest rates.
I think you’re misunderstanding the valuation of money vs collectibles. Obviously an ancient artifact made of gold is worth more than the pure gold value. Same for rare coins. I was talking about silver as money, not as collectible.
Silver has lost its status as money, so silver is much cheaper today than it would be if it still was money.
Lol, we had a sales rep in a meeting to talk about licensing while we were already self hosting and using it. When he heard that we would store business data and log data for the same app he said that’s two different use cases, and that we’d need two licenses.
Lol, you’re the one propagating the big banking propaganda that monetary inflation is not inflation.
Money is always tied to the value of things, so according to you inflating the money supply always leads to money losing purchasing power.
Debt denominated in USD
Their ACTUAL profit margins are significantly larger and growing.
Their gross profits are up because money is worth less because of inflation. The purchasing power of those “growing” profits has basically not changed.
Go look up their net profit margins, they are going sideways.
Nobody said US debt, it’s USD debt, this is basic international economics knowledge.
Inflation is the loss of purchasing power of money, not somebody raising prices. Inflating the money supply leads to loss of purchasing power.
Which company do you think is price gouging?
Stores don’t look at inflation, inflation makes the stuff they sell more expensive to buy, so they have to sell it for more money or make losses.
Fed policies like interest rates directly affect almost all countries because they have USD debt.
Bitcoin has been going up since 2009, lol. Bubbles pop and die. Internet stock had the dot com bubble and kept going up later.