Too bad I’m not on Twitter anymore. Otherwise, I would check some of these out.
Too bad I’m not on Twitter anymore. Otherwise, I would check some of these out.
Of course, they want to make it as complicated as possible so that people don’t actually do it.
How would we trade resources through cows or would you just shoot people and take theirs? Because money represents an easy way of trading resources back and forth. And it’s a standard because cows don’t weigh the same, etc.
We should separate money and state completely and have a money that the state cannot ever control. And my vote is physical gold and silver or monero
Actually, no. It’s just here and mastodon
unless we on mass decide to ditch the confetti money and go to a real money such as gold or silver like we used to
I pay very little to no attention to the news at all and could honestly care less. And I feel as if I am better for it because I am not concerned about every little thing. Big news stories I will hear about through the grapevine, but the little things just pass me by and that’s okay.
Making a budget and sticking to it every month. I am able to save 17% of what i make and put it into Monero to avoid it getting eaten by inflation.
That’s great, but we won’t get it for another 10 or 20 years. So until then, it’s great, but pointless. Solid state batteries have been in the works since at least the early 2010s and we’re just now supposed to be getting the first iterations in electric cars in the next few years.
Yeah, commercial real estate could be a serious issue for the banks. A small amount of deflation is not a bad thing, although large amounts in a very short time definitely is. From what I am hearing, people expect the Fed to begin cutting rates as early as March or April, which definitely is not most of 2024. If the cuts are slower than what the raises were, we might be alright. But something makes me doubt that, because the Fed very much seems to lurch from one crisis to the next. Seems more like an out-of-control train than a well-controlled system.
Edit: Not to mention that other central banks are buying of gold because of the US threatening to send Russia’s dollars to Ukraine. And therefore showing that dollars as reserves are not meant to be trusted and can be removed on a whim if it suits the US’s political agenda.
But that’s the problem. Inflation is still running higher than it should be. And the Fed is already talking about cutting rates which will drive inflation up again. If you take a look at gold and silver from the beginning of 2023 until the end of 2023, you will notice a roughly 10% rise in both on average. Bringing that down would take more time of high rates which we will not get.
Oh, it will probably exist, but it will exist on newly created dollars, and therefore, cause massive inflation, and the dollars will buy less and less as time goes on. The dollar is headed for a death spiral like Argentina.
I have cut my soda down to once or twice per week, but I still do enjoy it.
Perhaps the economy is not as good as everybody says it is, and a very cyclical sector like tech is the first one to feel it.