Message from @Smak64

Discord ID: 426668502552936448


2018-03-23 09:03:45 UTC  
2018-03-23 09:04:15 UTC  

Hmm

2018-03-23 09:04:21 UTC  

Yes, wealth inequality is the highest it's ever been. But that's saying the difference between a 1000 and 50000 is greater than the difference between 100 and 5000

Overall he's wrong but in the UK where Sargon is from we have Socialised Healthcare

2018-03-23 09:05:01 UTC  

tl;dr the wealth became more inequal simply because the rich got richer faster than the poor got richer. Everyone got richer, it's just the highest got it faster.

2018-03-23 09:05:28 UTC  

https://cdn.discordapp.com/attachments/372507611284766722/426667791790112771/unknown.png

2018-03-23 09:05:50 UTC  

the US is a shithole, but it's the exception

2018-03-23 09:06:11 UTC  

sidenote - invest in gold and keep few gold bars in your posession - we're at hyperinflation race right now and dollar might just collapse within next 9 years

It's different here to the USA

2018-03-23 09:06:18 UTC  

@folk REEEEEEEEE!

2018-03-23 09:06:19 UTC  

it's the only western country where things regress

2018-03-23 09:06:45 UTC  

"Please don't let anyone prove me wrong!"

2018-03-23 09:07:01 UTC  

I'm actually curious what the idea behind investing in gold to avoid a monetary crash is.

2018-03-23 09:07:10 UTC  

the US is the most free country on earth, don't you remember that huge discussion we had the other day where someone told us his opinion and we all just accepted it as fact?

People who tweet that sort of thing normally haven't visited the UK

or left their State EVER

2018-03-23 09:08:00 UTC  

One can't just make gold out of thin air.

2018-03-23 09:08:15 UTC  

the US is free, and it's the only country that can be the world police

2018-03-23 09:08:18 UTC  

One also can't use gold for much of anything other than a luxury

2018-03-23 09:08:28 UTC  

but US citizens are worse off than the rest of the west, and their quality of life is in decline

2018-03-23 09:08:42 UTC  

https://cdn.discordapp.com/attachments/372507611284766722/426668604377923585/unknown.png

2018-03-23 09:08:46 UTC  

it's easier to make money when you have some already to invest

2018-03-23 09:09:09 UTC  

they love strawmans

2018-03-23 09:10:01 UTC  

I mean, if you do have wealth, and you know that if you keep it in the form of currency it will lose value, what would you rather do with it?

2018-03-23 09:10:21 UTC  

i.e. much easier for rich people to become richer

2018-03-23 09:10:33 UTC  

than for poor people to become richer. Who'd a thunk it.

2018-03-23 09:10:41 UTC  

Gold only has a "perceived value" for the most part, but... its value has been fairly reliable over millennia.

2018-03-23 09:10:58 UTC  

If I had to invest money in something I knew would keep value, I'd probably go for weapons actually

2018-03-23 09:11:09 UTC  

As long as there's two humans on earth, there'll be a market for weapons.

2018-03-23 09:11:17 UTC  

Yes, you can invest, but now there's a risk of losing money.

2018-03-23 09:11:24 UTC  

Can you invest all of it?

2018-03-23 09:11:29 UTC  

Would you invest all of it?

2018-03-23 09:11:39 UTC  

I would probably invest in real estate

2018-03-23 09:11:53 UTC  

Worked for Trump.

2018-03-23 09:11:57 UTC  

I mean the prices seem to only go up

2018-03-23 09:12:05 UTC  

And you can rent it

2018-03-23 09:12:05 UTC  

Until the next bubble, that is.

2018-03-23 09:12:08 UTC  

unlike gold

2018-03-23 09:12:19 UTC  

bubbles are a very real risk in real estate