Message from @Jack Mehoff

Discord ID: 629831455719292948


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

2019-10-05 00:03:42 UTC  

😂

2019-10-05 00:03:55 UTC  

@Xychotic. They are trying to goose spending by keeping it low

2019-10-05 00:04:23 UTC  

goose? did you mean boost?

2019-10-05 00:04:36 UTC  

The speed of transactions is too slow to keep things going so they are playing around with other parts of the monetary system

2019-10-05 00:04:39 UTC  

Or is goose the word used in a different way than I'm familiar?

2019-10-05 00:04:47 UTC  

Boost

2019-10-05 00:05:08 UTC  

Problem is though, the consumer is tapped out

2019-10-05 00:05:20 UTC  

Millenials, the next big block are in debt

2019-10-05 00:05:52 UTC  

Boomers are retiring and are at a point where they will be taking money out and not adding it into the system

2019-10-05 00:06:32 UTC  

Everyone is fighting for a bigger portion of a shrinking pie.

2019-10-05 00:06:59 UTC  

With the family destroyed, household formation and child rearing is low

2019-10-05 00:07:22 UTC  

Big ticket purchases are being done later in life than is traditionally expected

2019-10-05 00:07:48 UTC  

I agree with you on much of this.

2019-10-05 00:11:01 UTC  

Bring back patriarchy and it will help things

2019-10-05 00:12:06 UTC  

Damnit I developed a stye

2019-10-05 00:18:44 UTC  

fuckin' hate those.

2019-10-05 00:18:50 UTC  

The patriarchy won't save things.

2019-10-05 00:19:05 UTC  

It might help, though. You're right on that.

2019-10-05 00:19:25 UTC  

The risk is that there are too many men who wouldn't even know how to be a proper patriarch.

2019-10-05 00:24:37 UTC  

Since, really, a patriarch is a CEO.

2019-10-05 00:29:15 UTC  

@Jack Mehoff stye is such a pain .
Warm wet washcloths on eye all weekend to get it to open up

2019-10-05 00:30:32 UTC  

@Xychotic yes, a patriarch of a family has to have the final say.
Like the ceo, like a ships captain.
Our laws and western culture just does not support that anymore

2019-10-05 00:32:59 UTC  

No, it really doesn't.

2019-10-05 00:33:16 UTC  

Without that authority, no one should have that responsibility.

2019-10-05 00:35:17 UTC  

Can you imagine being the captain of a US Navy ship and being told, “ you have no actual authority over your sailors, but you shall be held accountable for all their actions and decisions.”

2019-10-05 00:36:16 UTC  

Time to enjoy that sweet pension

2019-10-05 00:37:03 UTC  

Stop touching my pianus

2019-10-05 00:38:31 UTC  

Yes, I can imagine that.