21 sats \ 1 reply \ @Enemy_of_the_state 20 Sep \ parent \ on: If anyone outside of the US is reading this!!!!! bitcoin
Yeah we have lots of dust and mud available. Plenty of corn to water down your gasoline with too.
"Fact-checkers have long dismissed the claim that the Canadian Prime Minister is the son of the late revolutionary leader"
Bwahahahahaha š¤”š¤”š¤”
My argument is, different ratesā¦4 billion people with basket case fiat buying tetherā¦USD collapse is last
It dependsā¦if you think the rate of debasement for the Eur wonāt accelerateā¦
The high skilled workers will flee from the migrant hordes, while de-industrialization is accelerating as well. Letās see what the euro will buy 10 years from now š¤”
Of course the Europeans wonāt be Europeans anymore, they will be a homeless diaspora, the ones that get out.
Even in a Harris administration, there are enough adults in the room that this would never happen. It would be economic suicide.
If they could somehow pull it off, imagine how much faster the American empire collapses. Bring it baby.
Every Fiat dies, then the dollar. JPY, GBP, EUR...we have a ways to go, but the dollar won't hyperinflate untill all those others are collapsed into the dollar
68 sats \ 0 replies \ @Enemy_of_the_state 26 Aug \ parent \ on: Stocks: Half a century for nothing? econ
Because the business gives you the ability to borrow (rent newly printed money) against future earnings. Borrow at rates below the rate of inflation, and buy assets that depreciate more slowly than the money (property, jets, etc.) and repay the loan with more borrowed money with those assets as collateral. Rinse and repeat for your own cantillon money printer.
Saylor just figured out the omega chad move of borrowing unlimited dogshit to buy bitcoin. THATS why you should run a business in fiat world - to borrow fiat.
46 sats \ 0 replies \ @Enemy_of_the_state 25 Aug \ parent \ on: Stocks: Half a century for nothing? econ
Gold has only done about 6.5%, while inflation has been 10%
https://www.youtube.com/watch?v=r3dFZGHHSlE
31 sats \ 2 replies \ @Enemy_of_the_state 25 Aug \ parent \ on: Stocks: Half a century for nothing? econ
On the other hand, gold has not kept up with inflation, so it may be an essentially 0% real return, since gold has lost real value over time