Message from @HurtChain

Discord ID: 614594167665983491


2019-08-23 22:54:31 UTC  

Tbh I’ve only been aware of the prices of things for about 3-4 years now.

2019-08-23 22:54:43 UTC  

Money meant very little to me before that.

2019-08-23 22:54:47 UTC  

we have more money, and less buying power

2019-08-23 22:54:56 UTC  

So hearing about interest rates and long term stuff flies over my head

2019-08-23 22:55:27 UTC  

Amount of money is irrelevant (unless there is too little to go around)

2019-08-23 22:55:35 UTC  

in a healthy market economy, the interest signals to SAVE rather than keep investing in non productive shit

2019-08-23 22:55:45 UTC  

Only the amount of circulation is an important metric

2019-08-23 22:55:49 UTC  

similarily the rate going down forces i nvestment

2019-08-23 22:56:08 UTC  

So they fed has inflated the economy way too much?

2019-08-23 22:56:09 UTC  

with the rate fixed, those that HAVE capital, KEEEP capital

2019-08-23 22:56:32 UTC  

because they can make more money just moving the money around

2019-08-23 22:56:46 UTC  

rather than chooseing when to spend and when to save wisely

2019-08-23 22:56:49 UTC  

My favourite magic trick is when the American government makes money appear out of thin air to pay for random shit.

2019-08-23 22:56:58 UTC  

it concentrates all the money at the top

2019-08-23 22:57:09 UTC  

the gov doesn't make money

2019-08-23 22:57:13 UTC  

it bORROWS it

2019-08-23 22:57:15 UTC  

Well it is always a balance between a stagnation and either of the extremes - inflation/deflation

2019-08-23 22:57:16 UTC  

from the FeD

2019-08-23 22:57:36 UTC  

no, those rules no longer apply

2019-08-23 22:57:47 UTC  

Stagnation is more survivable than inflation that went out of control or god forbit deflation

2019-08-23 22:57:48 UTC  

We are borrowing money from our twin brother. We are totally not creating it.

2019-08-23 22:57:49 UTC  

those only applied with it was a closed system

2019-08-23 22:57:50 UTC  

Based

2019-08-23 22:58:13 UTC  

French fleeing paristan

2019-08-23 22:58:18 UTC  

You need to go back

2019-08-23 22:58:24 UTC  

Fight the muslims yourself

2019-08-23 22:58:29 UTC  

lol

2019-08-23 22:58:53 UTC  

closed as in either the gold standard or some other balancing mechanism issured you always filled the tank BEFORE setting off for the next gas station

2019-08-23 22:59:20 UTC  

S'il vous plait, aidez nous!

2019-08-23 22:59:29 UTC  

after 2008, we used up all out reserves in the bail out

2019-08-23 22:59:56 UTC  

another mistake like than, and a bail out won't work. the more money people lose, the faster people willl lose money

2019-08-23 23:00:02 UTC  

d^2/dt

2019-08-23 23:00:33 UTC  

Non.

2019-08-23 23:00:37 UTC  

Help yourself @Uksio

2019-08-23 23:00:41 UTC  

as long as you don't need brakes, everyont is peachy

2019-08-23 23:01:28 UTC  

but ... a downward turn when it comes (who knows when that iwll be) will very quickly turn into a ride to the bottom

2019-08-23 23:02:27 UTC  

lol; well i did make a KILL in 2008 shorting the market..

2019-08-23 23:02:41 UTC  

a single kill

2019-08-23 23:02:44 UTC  

pathetic