Message from @HurtChain
Discord ID: 614594167665983491
Tbh I’ve only been aware of the prices of things for about 3-4 years now.
Money meant very little to me before that.
we have more money, and less buying power
So hearing about interest rates and long term stuff flies over my head
Amount of money is irrelevant (unless there is too little to go around)
in a healthy market economy, the interest signals to SAVE rather than keep investing in non productive shit
Only the amount of circulation is an important metric
similarily the rate going down forces i nvestment
So they fed has inflated the economy way too much?
with the rate fixed, those that HAVE capital, KEEEP capital
because they can make more money just moving the money around
rather than chooseing when to spend and when to save wisely
My favourite magic trick is when the American government makes money appear out of thin air to pay for random shit.
it concentrates all the money at the top
the gov doesn't make money
it bORROWS it
Well it is always a balance between a stagnation and either of the extremes - inflation/deflation
from the FeD
no, those rules no longer apply
Stagnation is more survivable than inflation that went out of control or god forbit deflation
those only applied with it was a closed system
Based
French fleeing paristan
You need to go back
Fight the muslims yourself
lol
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
S'il vous plait, aidez nous!
after 2008, we used up all out reserves in the bail out
another mistake like than, and a bail out won't work. the more money people lose, the faster people willl lose money
d^2/dt
Non.
as long as you don't need brakes, everyont is peachy
but ... a downward turn when it comes (who knows when that iwll be) will very quickly turn into a ride to the bottom
lol; well i did make a KILL in 2008 shorting the market..
a single kill
pathetic