I predict that the S&P 500 will be well under 5,000 by September 30th
- Thread starter Walt
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Based Chad
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which is a better investment: real estate or cryptocurrency?
^derp derp
Rothschilds own them.
Based Chad
Was it me?
good point, dum dum.
your only point is on top of your head retardo
Based Chad
Was it me?
poorly.....
actually, the sec exists and half of these fuckers should be in jail.
it's called corruption.
it's not communism to call out corruption.
show us on the doll where the banks hurt you little boy
Based Chad
Was it me?
strangely enough, they raped me in YOUR butthole.
^cuckoo
Based Chad
Was it me?
Chapter 13: The Cultural and Spiritual Legacy of Fiat Inflation | Satoshi Nakamoto Institute
Advancing and preserving bitcoin knowledge
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5. Race to the Bottom in Monetary Organization
As we have seen in some detail, fiat inflation is an inherently unstable way of producing money because it turns moral hazard and irresponsibility into an institution. The results are frequently recurring economic crises. Past efforts to repair these unwelcome effects, yet without questioning the principle of fiat inflation per se, have entailed a peculiar evolution of monetary institutions—a kind of institutional “race to the bottom.” This does not of course imply a quick process. The devolution of monetary institutions has been underway for centuries, and it has still not quite reached the absolute bottom, even though the process has accelerated considerably in our age of paper money. We have dealt with this phenomenon already at some length and will present it in greater historical context in Part Three.6. Business Under Fiat Inflat\\----
fiat currency is a government sponsored activity dipshit - one that is shunned by libertarians.. The group you foolishly blame for being a net loser in this world. banks existed before fiat, and would live after it ends.Chapter 13: The Cultural and Spiritual Legacy of Fiat Inflation | Satoshi Nakamoto Institute
Advancing and preserving bitcoin knowledgenakamotoinstitute.org
.....
5. Race to the Bottom in Monetary Organization
As we have seen in some detail, fiat inflation is an inherently unstable way of producing money because it turns moral hazard and irresponsibility into an institution. The results are frequently recurring economic crises. Past efforts to repair these unwelcome effects, yet without questioning the principle of fiat inflation per se, have entailed a peculiar evolution of monetary institutions—a kind of institutional “race to the bottom.” This does not of course imply a quick process. The devolution of monetary institutions has been underway for centuries, and it has still not quite reached the absolute bottom, even though the process has accelerated considerably in our age of paper money. We have dealt with this phenomenon already at some length and will present it in greater historical context in Part Three.
6. Business Under Fiat Inflat\\----
can you be any more of an idiot? I seriously am wondering.
Based Chad
Was it me?
Based Chad
Was it me?
libertarians are fucking retarded moral simpletons.
Based Chad
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libertarians used to be all in for sound currency.
then they become neocon globalist fuckholes.
then they become neocon globalist fuckholes.
you are a moron. I laugh at how much of a loser one has to be living in American and blaming banking for being poorI wisely identify truth and goodness.
your soul is a compromise with Evil.
no system on this planet would make a loser like you be anything else
Based Chad
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nevertheless, fiat currency is a criminal delusionary fascist and insane concept.
100% faiure rate.
nevertheless, banking existed before it, and would exist after it. people with capital to lend you are not the problem. and you will never be part of the solution
Based Chad
Was it me?
with less destructive influence...
large corporation and governments are colluding to abuse the money creation spigot.
this is why it's textbook fascism.
you idiot neocons were totally fine with currency creation because you want to intervene in every part of the globe. you wanted to promise things without paying for itwith less destructive influence...
large corporation and governments are colluding to abuse the money creation spigot.
this is why it's textbook fascism.
stop pretending like you were the solution and not the problem.
I saw how Ron Paul was treated by you morons. how all libertarian leaning conservatives were treated,.
and now you want to pretend and play make believe.
nope. you are the problem. we all know it