Message from @Scribblehatch

Discord ID: 496115359045386243


2018-10-01 00:23:23 UTC  

That seems very very very close to commercial fraud.

2018-10-01 00:23:33 UTC  

in 10 years tens of thousands will be pretty much nothing

2018-10-01 00:23:34 UTC  

I hope so.

2018-10-01 00:23:44 UTC  

Not to Wacka.

2018-10-01 00:23:50 UTC  

Wacka has been talking nonsense.

2018-10-01 00:23:57 UTC  

"Inflation is great for your debt!" Okay.

2018-10-01 00:24:04 UTC  

Got an elixir to sell us too?

2018-10-01 00:24:08 UTC  

inflation will go up as wages increase

2018-10-01 00:24:11 UTC  

well inflation actually is....

2018-10-01 00:24:19 UTC  

Inflation is great for debtors, yeah.

2018-10-01 00:24:24 UTC  

Sadly only diploma mills and technical schools tend to get in trouble for being bullshit

2018-10-01 00:24:25 UTC  

Inflation is a tax on people who save.

2018-10-01 00:24:29 UTC  

i mean, when you are spending 10 million bucks for a roll of toilet paper, your hundred thousand dollar loan is pretty easy to pay off.

2018-10-01 00:24:47 UTC  

I really despise money. If it were just money and stayed money, I wouldn't hate it.

2018-10-01 00:24:50 UTC  

It's one of the main reasons keeping inflation under control is crucial in the long run, economically.

2018-10-01 00:24:51 UTC  

the fed is targeting 2% but whats it at now?

2018-10-01 00:24:53 UTC  

But there's all these shenanigans.

2018-10-01 00:24:59 UTC  

Gender Studies at a state college can be worthless but still not have committed any crime on the books

2018-10-01 00:25:06 UTC  

It's not schenanigans, scrib, it's the whole point of money.

2018-10-01 00:25:16 UTC  

and it is immensely useful.

2018-10-01 00:25:18 UTC  

Money was meant to replace swapping random shit.

2018-10-01 00:25:20 UTC  

It is the reason we have all this shit.

2018-10-01 00:25:35 UTC  

fake money, is shit, I agree.

2018-10-01 00:25:41 UTC  

"I have a bunch of walnuts. Want this plate?"

2018-10-01 00:25:42 UTC  

its forecast to keep going up

2018-10-01 00:25:42 UTC  

fiat has issues

2018-10-01 00:25:46 UTC  

Sadly some of those gender studies people are employed. They work for those diversity consultant firms that are all the rage.

2018-10-01 00:25:57 UTC  

the fed has many rate hikes in to try and slow it

2018-10-01 00:26:00 UTC  

but fiat issues can be solved through policy, if there is political will to follow through with the policy.

2018-10-01 00:26:07 UTC  

ya, seems they are poking their heads back in gaming now....

2018-10-01 00:26:09 UTC  

"I don't like walnuts."
"Ah that's a shame. I wish there were a common thing we both agreed to want."

2018-10-01 00:26:30 UTC  

well, there was no agreement to want gold

2018-10-01 00:26:34 UTC  

You can't stop money from existing, people will barter with laundry detergent

2018-10-01 00:26:41 UTC  

Cigarettes

2018-10-01 00:26:47 UTC  

Everyone agreed that someone wanted gold, and that gold was finite.

2018-10-01 00:26:48 UTC  

people buying a $300k property now... it'll be worth a mill in probably 10-15 years

2018-10-01 00:26:58 UTC  

no, nobody agreed with "everyone"

2018-10-01 00:27:10 UTC  

because wages will also be much higher

2018-10-01 00:27:14 UTC  

Everyone agrees that that are people who value gold quite a lot.

2018-10-01 00:27:15 UTC  

it's just the aggregate result of lots of people agreeing individually to trade something for gold

2018-10-01 00:27:28 UTC  

no, lots of people agree that they value gold a certain amount.