I always forget. God never forgets to take care of me.
You’re just a log floating on the ocean, to think otherwise will only bring misery - if that’s the case, what’s there to do you say? Be a log, do a damn good job of being a log. 🪵
Never bet against the United States, but you may proceed and bet against the Federal Reserve. When you think about it, Warren Buffet always has. He doesn't need Bitcoin to do it, but you do.
I think I understand why Japan went into isolation
So middle power you say image
IRRs and APRs always exist. Interest measures cost of capital, an emergent property of money. Today, it is intrinsic, justified by inflation of money supply. Capitalism is about sharing risk and reward. Fund projects via target returns, and share prices - not credit allocation.
I’m enjoying just giving things to people straight these days - hope it makes them think and don’t care if it offends lol, they’re still welcome for food and drink otherwise
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What’s wrong with interest? It incentivizes credit creation, experienced as inflation. This distorts prices and devalues work. Yes, most fiat money today is usury-lite. Just cus the government regulates alcohol, it doesn’t make daily consumption good for health, at 2% or 70%.
economists need to start and operate a business from zero to sustainably paying their salary - they'll quickly see all the models and theories break, and it will free them from writing grant-aligned pieces of nobel garbage