Message from @Scribblehatch
Discord ID: 496115359045386243
That seems very very very close to commercial fraud.
in 10 years tens of thousands will be pretty much nothing
I hope so.
Not to Wacka.
Wacka has been talking nonsense.
"Inflation is great for your debt!" Okay.
Got an elixir to sell us too?
inflation will go up as wages increase
well inflation actually is....
Inflation is great for debtors, yeah.
Sadly only diploma mills and technical schools tend to get in trouble for being bullshit
Inflation is a tax on people who save.
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.
I really despise money. If it were just money and stayed money, I wouldn't hate it.
It's one of the main reasons keeping inflation under control is crucial in the long run, economically.
the fed is targeting 2% but whats it at now?
But there's all these shenanigans.
Gender Studies at a state college can be worthless but still not have committed any crime on the books
It's not schenanigans, scrib, it's the whole point of money.
and it is immensely useful.
It is the reason we have all this shit.
fake money, is shit, I agree.
"I have a bunch of walnuts. Want this plate?"
its forecast to keep going up
fiat has issues
Sadly some of those gender studies people are employed. They work for those diversity consultant firms that are all the rage.
the fed has many rate hikes in to try and slow it
but fiat issues can be solved through policy, if there is political will to follow through with the policy.
ya, seems they are poking their heads back in gaming now....
"I don't like walnuts."
"Ah that's a shame. I wish there were a common thing we both agreed to want."
well, there was no agreement to want gold
You can't stop money from existing, people will barter with laundry detergent
Cigarettes
Everyone agreed that someone wanted gold, and that gold was finite.
people buying a $300k property now... it'll be worth a mill in probably 10-15 years
no, nobody agreed with "everyone"
because wages will also be much higher
Everyone agrees that that are people who value gold quite a lot.
it's just the aggregate result of lots of people agreeing individually to trade something for gold
no, lots of people agree that they value gold a certain amount.