Message from @Pikeman
Discord ID: 693115415764795402
Credit expansion is typically bad wherever it goes
you mentioned that something bad will happen.
so what's going to happen?
like hyper inflation or will it be like the depression?
When we realize the capital structure is misallocated, that's when a recession hits.
@Eoppa you mean when people realize that first all their money got wasted
and then realize that their money is practically worthless?
@Ronin yeah, that's when interest rates go up, because there really isn't much resources behind the cash despite what they thought before
I wonder how many people actually know that fiat isn't actually worth anything.
like I think it's taught in schools but it's not really brought up much.
when you think about it even crypto is more reliable because there is only so much crypto that can be mined.
Unbased
I have real views, I don't like redistribution whether it's Drumpf or Bernie
<:what:591451631590178846>
Imagine worshiping a mortal man
Unironically
Impossible, I am cancer
That is a damning statement of our time.
It's like a mad parody of 1984's ministries.
although nowdays /pol/ is a trash dump
That is the joke
Sorry, no crop 4 u
Ramsey is based
how to get banned in 5 minutes
unless this server is based
