Message from @Xychotic

Discord ID: 629828330882859039


2019-10-04 23:49:30 UTC  

The other lie.

2019-10-04 23:49:33 UTC  

"Equality"

2019-10-04 23:49:35 UTC  

heh

2019-10-04 23:49:39 UTC  

I think the problem moreso has to do with the lack of economic mobility

2019-10-04 23:49:48 UTC  

so it was a pleasure to chat and not meme on here for once

2019-10-04 23:49:54 UTC  

<:tipsfedora:585703456128499713>

2019-10-04 23:49:56 UTC  

Yeah, it happens from time to time.

2019-10-04 23:50:04 UTC  

I'm sure some pleb will bring the brain back down to size.

2019-10-04 23:50:06 UTC  

The elite stay entrenched because they build up barriers to entry

2019-10-04 23:50:20 UTC  

Are you memeing as Greta or do you really think that?

2019-10-04 23:50:28 UTC  

I think that

2019-10-04 23:50:34 UTC  

Never thought of this imagined female hypergamy created darth vador

2019-10-04 23:51:11 UTC  

Darth vador is what happens to a cuck when hes so close and loses thats why cucks and beta and make feminists are dangerous

2019-10-04 23:51:27 UTC  

I disagree. I think there is plenty of upward mobility.

2019-10-04 23:51:48 UTC  

*plenty of opportunity for upward mobility.

2019-10-04 23:51:51 UTC  

Not with the way the tax and inflation regime works

2019-10-04 23:52:19 UTC  

Maybe not in Europe.

2019-10-04 23:52:24 UTC  

But it's still very good in America.

2019-10-04 23:52:27 UTC  

The successful are targeted insofar as the better you do, the more you must pay

2019-10-04 23:52:43 UTC  

Yes, that's a...I forgot what it's called... progressive tax system.

2019-10-04 23:52:55 UTC  

But you don't pay a net increase percentage.

2019-10-04 23:53:07 UTC  

Accordingly, interest rates, much like prices, have lost the discovery mechanism

2019-10-04 23:53:34 UTC  

Well, you do pay a net increased percentage, but not directly in line with the stated tax percentage.

2019-10-04 23:53:47 UTC  

There are organizations that intervene if they see markets trending in certain directions

2019-10-04 23:54:27 UTC  

What money you do save loses value over time

2019-10-04 23:55:01 UTC  

And the rates, unless you take some large risks are not commensurate with the rise in prices

2019-10-04 23:56:02 UTC  

Housing for example should be way down, but restrictions on building and interventions in the housing market on the back end buoy prices up

2019-10-04 23:57:07 UTC  

There are organizations that intervene? Aside from leftists, what organizations?

2019-10-04 23:57:22 UTC  

Money does lose value over time, that is why you should be investing.

2019-10-04 23:58:09 UTC  

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).

2019-10-04 23:58:34 UTC  

Housing is a funny one. You're right about legal inflation, but there's also matters of location, location, location.

2019-10-05 00:01:16 UTC  

Federal reserve and other Central banks

2019-10-05 00:01:30 UTC  

Plunge Protection Team

2019-10-05 00:01:55 UTC  

Yes, because that would cause too much damage.

2019-10-05 00:02:01 UTC  

That's not a bad thing, per se.

2019-10-05 00:02:38 UTC  

For those not savvy enough for stocks, I argue that interest rates do not show the true state of the market

2019-10-05 00:02:47 UTC  

They should be higher

2019-10-05 00:02:51 UTC  

They definitely do not.

2019-10-05 00:03:16 UTC  

Interest rates, these days, are not at all representative of the market.

2019-10-05 00:03:34 UTC  

They are lever to be pulled to, hopefully, induce a desired change.

2019-10-05 00:03:34 UTC  

Cocky bitches get so offended when they try to be authoritative and you find it really funny so you chuckle in amusement