Message from @Noctah

Discord ID: 612998360072323093


2019-08-19 13:11:08 UTC  

The same thing that hinders *anyone* from *borrowing* money they won't pay back anyway: eventually, no one will lend them anything.

2019-08-19 13:11:11 UTC  

As I see it, the neg intrst rates are a desperate measure here in the EU to get inflation levels to where it should be while also ensuring the econ just doesnt die

2019-08-19 13:11:40 UTC  

So, for one, the economy won't *just die* because wealth is actually measured in utility and fiat currency is just a means of exchange.

2019-08-19 13:11:52 UTC  

Then how could the US boost their spending like this? Every person with an ounce of common sense can see that this is money the US will never pay back.........

2019-08-19 13:11:57 UTC  

There will always be a need to exchange a few steaks for a shoe.

2019-08-19 13:12:21 UTC  

How you get from steaks to shoe is facilitated by money.

2019-08-19 13:12:27 UTC  

This is basic stuff.

2019-08-19 13:12:30 UTC  

I just ordered a Chinese surplus sks

2019-08-19 13:12:47 UTC  

Cool. Have it dropshipped to Hong Kong. They need it.

2019-08-19 13:13:11 UTC  

Shit, I need to get to the office.

2019-08-19 13:13:12 UTC  

Freedom!!

2019-08-19 13:13:30 UTC  

Thanks for the convo.

2019-08-19 13:14:57 UTC  

I know what deflationn is hon

2019-08-19 13:15:07 UTC  

Read it anyway.

2019-08-19 13:15:14 UTC  

I like had the basic econ stuff including neg intrst rates

2019-08-19 13:15:35 UTC  

if you knew they were poison from the start why suggest America could stop collapse wit them

2019-08-19 13:16:01 UTC  

then feign ignorance and pivot to unemployment

2019-08-19 13:16:15 UTC  

Oh did I do that? Well either oyu have misunderstood me or I have mightily and I mean MIGHTILY fucked up regarding acticulating what I wanted to say

2019-08-19 13:16:31 UTC  

Yes, you did say it, twice

2019-08-19 13:16:38 UTC  

"acticulate" better

2019-08-19 13:16:42 UTC  

<:420:480186122325065728>

2019-08-19 13:16:45 UTC  

I mean one of my key assumptions is that neg intrst rates are bad in the sense that they are unsustainable

2019-08-19 13:16:47 UTC  

@Deleted User omg, you know uwe boll ?! aaargggh, is he already that infamous ? xD

2019-08-19 13:16:59 UTC  

Yes, we all know Uwe Boll.

2019-08-19 13:17:05 UTC  

@conker We all know him

2019-08-19 13:17:11 UTC  

He's the cinematic equivalent of Hitler with all the IPs he's butchered.

2019-08-19 13:17:28 UTC  

*cries in not knowing Uwe Boll*

2019-08-19 13:17:38 UTC  

Which does not mean that I don't envision a future where some major countries going neg (maybe not officially saying here, take money to get money but you know, EU type of shit)

2019-08-19 13:17:39 UTC  

I hoped his films wouldn't spread outside of germany xD

2019-08-19 13:17:54 UTC  

oh we're talking films, now it makes sense

2019-08-19 13:18:00 UTC  

Uwe Boll's films are called "money laundering in plain sight"

2019-08-19 13:18:02 UTC  

And to be clear here, this wont be sustainable

2019-08-19 13:18:19 UTC  

Well then what happens when a society can't sustain itself

2019-08-19 13:18:22 UTC  

But I think (hope) this shit is at least sustainable until I die

2019-08-19 13:18:23 UTC  

hint, it collapses

2019-08-19 13:18:30 UTC  

so now you understand

2019-08-19 13:18:55 UTC  

Because whenever "the decline" comes up it seems to be a very immediate, short term event

2019-08-19 13:19:18 UTC  

What the course of history has told us is what Ben Shaqueero has just brought up.

2019-08-19 13:19:22 UTC  

It collapses

2019-08-19 13:19:32 UTC  

Like every empire, as great as it was, collapsed