Message from @Xychotic
Discord ID: 629828330882859039
The other lie.
"Equality"
heh
I think the problem moreso has to do with the lack of economic mobility
so it was a pleasure to chat and not meme on here for once
<:tipsfedora:585703456128499713>
Yeah, it happens from time to time.
I'm sure some pleb will bring the brain back down to size.
The elite stay entrenched because they build up barriers to entry
Are you memeing as Greta or do you really think that?
I think that
Never thought of this imagined female hypergamy created darth vador
Darth vador is what happens to a cuck when hes so close and loses thats why cucks and beta and make feminists are dangerous
I disagree. I think there is plenty of upward mobility.
*plenty of opportunity for upward mobility.
Not with the way the tax and inflation regime works
Maybe not in Europe.
But it's still very good in America.
The successful are targeted insofar as the better you do, the more you must pay
Yes, that's a...I forgot what it's called... progressive tax system.
Accordingly, interest rates, much like prices, have lost the discovery mechanism
Well, you do pay a net increased percentage, but not directly in line with the stated tax percentage.
There are organizations that intervene if they see markets trending in certain directions
What money you do save loses value over time
And the rates, unless you take some large risks are not commensurate with the rise in prices
Housing for example should be way down, but restrictions on building and interventions in the housing market on the back end buoy prices up
There are organizations that intervene? Aside from leftists, what organizations?
Money does lose value over time, that is why you should be investing.
That's why there's multiple strategies to managing money and one of them is to spend it as fast as you earn it (typical of poverty and hyperinflation).
Housing is a funny one. You're right about legal inflation, but there's also matters of location, location, location.
Federal reserve and other Central banks
Plunge Protection Team
Yes, because that would cause too much damage.
That's not a bad thing, per se.
For those not savvy enough for stocks, I argue that interest rates do not show the true state of the market
They should be higher
They definitely do not.
Interest rates, these days, are not at all representative of the market.
They are lever to be pulled to, hopefully, induce a desired change.
Cocky bitches get so offended when they try to be authoritative and you find it really funny so you chuckle in amusement