Message from @Fitzydog

Discord ID: 505132112744022018


2018-10-25 21:22:14 UTC  

so thats why you bomb anyone who wants to trade oil in euros?

2018-10-25 21:24:15 UTC  

Yup.

2018-10-25 21:24:38 UTC  

And that's why you have these pieces of shit going around murdering and bombing people.

2018-10-25 21:24:45 UTC  

Because they know they can get away with it.

2018-10-25 21:28:33 UTC  

Okay, so how does this solve the problem of half our population being dependent on welfare?

2018-10-25 21:28:54 UTC  

Kill the ones on welfare

2018-10-25 21:29:00 UTC  

no man, no problem

2018-10-25 21:29:07 UTC  

It doesn't lol.

2018-10-25 21:29:12 UTC  

It's a bandaid.

2018-10-25 21:29:38 UTC  

The government spends more on welfare than it gets in taxes, so it borrows more money from the federal reserve.

2018-10-25 21:29:59 UTC  

The problem is, is that means that the fed prints more money so that means that the dollar is worth less.

2018-10-25 21:30:20 UTC  

Yes, I'm aware how hyperinflation works lol

2018-10-25 21:30:53 UTC  

So, in order to try and curb that, they do a deal like with the Saudis where they artificially create demand for the dollar.

2018-10-25 21:31:01 UTC  

But it doesn't work.

2018-10-25 21:31:10 UTC  

The dollar just gets less and less valuable.

2018-10-25 21:33:44 UTC  

K, but my question was "how do we solve the problem with 170mil welfare dependents and 22mil illegal immigrants?"

2018-10-25 21:34:06 UTC  

Easy. We cut welfare spending.

2018-10-25 21:34:09 UTC  

Except

2018-10-25 21:34:13 UTC  

That's never going to happen.

2018-10-25 21:34:30 UTC  

So the best possible outcome in the future is....?

2018-10-25 21:34:40 UTC  

best scenario

2018-10-25 21:35:10 UTC  

The status quo gets maintained, and the we keep just going as is. The dollar just gets less and less valuable slowly as possible.

2018-10-25 21:35:43 UTC  

So a slow degradation into hyperinflation until economic collapse.

2018-10-25 21:35:51 UTC  

Basically.

2018-10-25 21:36:00 UTC  

k <:pepe_hang:460603218766987298>

2018-10-25 21:37:03 UTC  

The worst case scenario is that the Saudis basically tell us to fuck off, and do a deal with a country like China.

2018-10-25 21:37:36 UTC  

Which makes the inflation hyperaccelerate.

2018-10-25 21:38:01 UTC  

oof

2018-10-25 21:38:12 UTC  

That's what the Chinese are trying to do right now btw.

2018-10-25 21:38:36 UTC  

Did you hear that Trump's admin is talking to crypto currency peeps?

2018-10-25 21:38:54 UTC  

They're trying to beat China to the punch

2018-10-25 21:39:00 UTC  

Doesn't surprise me.

2018-10-25 21:39:53 UTC  

invasion of SA is off the table I guess

2018-10-25 21:40:14 UTC  

Crypto is theoretically like gold. There will come to a point where the computational requirements to mine more crypto will just become too high to actually profit off of.

2018-10-25 21:40:24 UTC  

Therefore the supply of crypto is limited.

2018-10-25 21:41:41 UTC  

Especially since we're reaching the limit of how small we can even make transistors any more, we're almost reaching that point.

2018-10-25 21:42:49 UTC  

Bitcoin and Ethereum are starting to stabilize in price, so it might not be a bad idea to think about investing in it.

2018-10-25 21:55:39 UTC  

Crypto for big brain. Not good for small brain like me.

2018-10-25 21:55:50 UTC  

I like the concept behind icon. Essentially they've monetized the concept of time and logistical resources

2018-10-25 22:01:57 UTC  

@Veritas Prognostician there is a way to radically improve computing power at current transistor size and complexity. downside is the people working on it are terrified it will attain sentience

2018-10-25 22:02:26 UTC  

thus are pushing the new method very slowly