You did not gain $50,000 by any measure
You did not gain $50,000 by any measure
Lol, don’t bother. If you paid a cent more than $100,000 for that big, beautiful house, the damage is already done. The damage that’s still to come is no longer avoidable, thanks to your genius idea of trading real money to a stranger for GP.
Wait, wait, you think rapid changes in the valuation of your personal home are a good thing and you live in SOUTHERN CALIFORNIA? I hope to god you have no dependents so nobody has to grow up with the memory of what’s going to happen to you after the market corrects in the next year or two...
God, you’re fucking dumb. I’m not sure you even understand what a mortgage is.
If you think it’s natural for the value of money to... oh, right, you don’t actually know what currency manipulation is, because you’re a rube who turned all your savings into chickenwire and Disney Dollars
Why do people think having a single, volatile asset instead of a stable portfolio is an accomplishment just because you made that kind of mistake without even being able to blame it on encroaching senility like a normal? I’ll keep renting and growing my money, thanks, I plan to retire one day. (and also want to be…
Lol, hoarding is a constant issue actually, it just goes by names like The Paradox of Thrift or stagflation or credit crunch
Money can be backed by a bank instead of a government, indeed, that’s the very origin of money. Not a decantralized user network, tho. Not at all.
Nope, none of that is accurate, please Google “fractional reserve banking”
Duh
Because currency is a type of collateralized debt security and without a borrower of last resort to back those their value is too capricious for them to ever be practical as fungible units in finance or trade (a.k.a. the only two uses for money), among many, many other reasons.
Damn, those some extremely frictious transactions you’re describing. If only there were done type of commercial financial institution that was better at this you could use instead...
Oof, that’s a pretty stark portrayal of a deflationary trap. You don’t know how money works. Never try to manage more that $1000 on your own, ok bud?
Tragically, we can’t know that
Horseshoe theory is solipsism
What? Because the existence of the state doesn’t preclude the possibility of liberty.
A successful revolution usually improves people’s living conditions petty quickly, actually. It’s protracted civil war than can cause some temporary hardship, but that’s hardly a given after an uprising.
It’s not exactly behind the scenes, tho
Yeah, that’s a big part of what the local third parties movement has to quirk towards, but he’s right, they’ll never succeed without allies at the federal level.
You should read the article, it’s a pretty good explanation of why and how the people you’re talking about actually do reject the ideas you think they secretly hold.