Message from @Fitzydog
Discord ID: 505132112744022018
so thats why you bomb anyone who wants to trade oil in euros?
Yup.
And that's why you have these pieces of shit going around murdering and bombing people.
Because they know they can get away with it.
Okay, so how does this solve the problem of half our population being dependent on welfare?
Kill the ones on welfare
no man, no problem
It doesn't lol.
It's a bandaid.
The government spends more on welfare than it gets in taxes, so it borrows more money from the federal reserve.
The problem is, is that means that the fed prints more money so that means that the dollar is worth less.
Yes, I'm aware how hyperinflation works lol
So, in order to try and curb that, they do a deal like with the Saudis where they artificially create demand for the dollar.
But it doesn't work.
The dollar just gets less and less valuable.
K, but my question was "how do we solve the problem with 170mil welfare dependents and 22mil illegal immigrants?"
Easy. We cut welfare spending.
Except
That's never going to happen.
So the best possible outcome in the future is....?
The status quo gets maintained, and the we keep just going as is. The dollar just gets less and less valuable slowly as possible.
So a slow degradation into hyperinflation until economic collapse.
Basically.
k <:pepe_hang:460603218766987298>
The worst case scenario is that the Saudis basically tell us to fuck off, and do a deal with a country like China.
Which makes the inflation hyperaccelerate.
oof
That's what the Chinese are trying to do right now btw.
Did you hear that Trump's admin is talking to crypto currency peeps?
They're trying to beat China to the punch
Doesn't surprise me.
invasion of SA is off the table I guess
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.
Therefore the supply of crypto is limited.
Especially since we're reaching the limit of how small we can even make transistors any more, we're almost reaching that point.
Bitcoin and Ethereum are starting to stabilize in price, so it might not be a bad idea to think about investing in it.
Crypto for big brain. Not good for small brain like me.
I like the concept behind icon. Essentially they've monetized the concept of time and logistical resources
@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
thus are pushing the new method very slowly