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Economy => Economics => Topic started by: Polo7 on August 31, 2020, 08:52:49 PM



Title: 2020 Money is king Again Good news
Post by: Polo7 on August 31, 2020, 08:52:49 PM
Money is king Again!

skills, Work ethicks... And Values is Going Down and Money will rise Up school education becomes also pointless.

Only Thing what will matter is Money!!


Title: Re: 2020 Money is king Again Good news
Post by: jackg on August 31, 2020, 08:59:08 PM
This is just wrong...

First of all most government are printing so much money that everything else is being pushed up. And have you been eating paper and cuppronickel recently enough to remember food is tastier and the most important...

Somewhere, could reduce to a society with sharecropping if too much money is printed and everything begins to fail but that's extremely unlikely and would still mean the mode educated perform the best. Who's fixing your tractor engine, you?


Title: Re: 2020 Money is king Again Good news
Post by: JeromeTash on August 31, 2020, 11:35:27 PM
Only Thing what will matter is Money!!
You really know nothing much about basic needs, do you?
Until the last drop of water or the last bit of food is not available shall you realize that you can not eat or survive on your dollar bills.

Why do you think the world is currently on it knees right now? Is it because of the need for Money or Health well-being?


Title: Re: 2020 Money is king Again Good news
Post by: goaldigger on August 31, 2020, 11:44:54 PM
Money is king Again!

skills, Work ethicks... And Values is Going Down and Money will rise Up school education becomes also pointless.

Only Thing what will matter is Money!!

Your health is what matters right now I guess because of pandemic and of course your money can’t help you on that so don’t think too much about the money and stay healthy for now. If you have a lot of investments then the money will work for you. Money is not the king but its one of the basic necessities to stay alive nowadays, but never treat this as above anything else.


Title: Re: 2020 Money is king Again Good news
Post by: sunsilk on September 01, 2020, 02:03:10 AM
I get the point that cash is king in this pandemic. But that doesn't make values and ethics to go down. This pandemic has taught a lot of things for those who are not valuing things that they have. It's a refresher and this will teach a lesson to everyone that we have to be wise with our spending habits.

Only Thing what will matter is Money!!
I disagree with this. It is needed but it's not that all that matters. In rural areas, they have not that much money but they are able to live freely with everything that they have because they have the resources.


Title: Re: 2020 Money is king Again Good news
Post by: onrise on September 01, 2020, 04:32:05 AM
Money is king Again!

skills, Work ethicks... And Values is Going Down and Money will rise Up school education becomes also pointless.

Only Thing what will matter is Money!!



With current situation Health tis the foremost important things which needs to be taken care of. Secondly, skills, experience etc is going to be vital again, because those with multi skills if not successful today in one thing can start doing other etc. As seen people moving the lines from 1 to another because of the slowness in business and, they had skills and ready to learn new and face the challenges. So, this people will be successful in the long term and obviously in this process they will make money as well.


Title: Re: 2020 Money is king Again Good news
Post by: wxa7115 on September 02, 2020, 07:50:27 PM
This is just wrong...

First of all most government are printing so much money that everything else is being pushed up. And have you been eating paper and cuppronickel recently enough to remember food is tastier and the most important...

Somewhere, could reduce to a society with sharecropping if too much money is printed and everything begins to fail but that's extremely unlikely and would still mean the mode educated perform the best. Who's fixing your tractor engine, you?
Agreed, money is important there is no doubt of this, but when the money itself is being printed all over the world at such an outstanding rate then it is fair to wonder how long can this last? If an economic crisis based on the the lack of trust on our fiat currencies comes to happen, hard currencies like gold and bitcoin will skyrocket while paper currencies like the dollar will crash in value, however at that time what it will save you is not the money you hold but your skills.

So I think it is very naive to think that a person that holds a huge amount of money has already everything that he needs when in that case the person will have to exchange his currency for the goods and services he needs and he will have to do so precisely at the time in which his money buys less.


Title: Re: 2020 Money is king Again Good news
Post by: TIDOVEE on September 02, 2020, 08:05:33 PM
 
Money is king Again!

skills, Work ethicks... And Values is Going Down and Money will rise Up school education becomes also pointless.

Only Thing what will matter is Money!!



With current situation Health tis the foremost important things which needs to be taken care of. Secondly, skills, experience etc is going to be vital again, because those with multi skills if not successful today in one thing can start doing other etc. As seen people moving the lines from 1 to another because of the slowness in business and, they had skills and ready to learn new and face the challenges. So, this people will be successful in the long term and obviously in this process they will make money as well.


I think from the guys perspective, he is counting on what money can buy to survive, as in what many people are hustling for now is to have money to meet bills, eat well, enjoy life and survive. Probably he's not thinking we need to be in good health first before we can look for money.if we take a good look at it, some are careless about the health status at this time. Since they have no one closely infected. It is important we choose good health first.


Title: Re: 2020 Money is king Again Good news
Post by: DooMAD on September 02, 2020, 08:40:21 PM
school education becomes also pointless.

That just sounds like something a poorly educated person would say. 

You can only coast through life without skills or experience if you're one of the lucky few who actually have untold sums of money.  Somehow I sincerely doubt you're one of those people.  This world is going to eat you alive if you don't get your shit together.


Title: Re: 2020 Money is king Again Good news
Post by: Twinkledoe on September 02, 2020, 08:50:49 PM
school education becomes also pointless.

That just sounds like something a poorly educated person would say. 

You can only coast through life without skills or experience if you're one of the lucky few who actually have untold sums of money.  Somehow I sincerely doubt you're one of those people.  This world is going to eat you alive if you don't get your shit together.

I don't know where the OP is coming from but his statements are pointless. Maybe he is experiencing trouble in his life right now where money is the answer. Let's just understand that there are people who are in deep trouble these days because of this pandemic. But soon, he will realize that money is not that all matters in life.


Title: Re: 2020 Money is king Again Good news
Post by: cabron on September 02, 2020, 08:59:43 PM
Bailing out is inevitable, businesses and all have to survive this pandemic if possible. There is no problem in printing money as long as these bills are still going to be supported by the government. Stimulus packages for all!

But I think the governments know we are going to digital after the pandemic and this is why countries today are already up to developing digital fiat.


Title: Re: 2020 Money is king Again Good news
Post by: smyslov on September 03, 2020, 01:33:29 AM
Money is king Again!

skills, Work ethicks... And Values is Going Down and Money will rise Up school education becomes also pointless.

Only Thing what will matter is Money!!


You do have a love for money and this will not do you good, the love for money is the root of all evil and you can do and think of unthinkable things like saying is education is pointless,you will end up a criminal if you despise education and you are thinking that money is everything, you should educate yourself properly, go to school and go with what matters most and that is love to humanity and education.


Title: Re: 2020 Money is king Again Good news
Post by: grabpopcorn536 on September 03, 2020, 08:43:50 AM
Cash has stable value because governments are behind them to manipulate exchange rates. Like in the past, in the future they will continue to print money to stimulate the economy. There will be more money and maybe the money in our pockets will decrease in value. Think of something finite and harder to create than printing government money.


Title: Re: 2020 Money is king Again Good news
Post by: TravelMug on September 03, 2020, 09:46:22 AM
I wouldn't say that Cash is King, although as this point we need it to buy food and everything that we need to survived. But in order to have cash, then definitely you have to work so you still need to have that work ethics otherwise you will be another statistics of people who don't have a job or at least not earning because you don't know how to improvise in this current situations.


Title: Re: 2020 Money is king Again Good news
Post by: teosanru on September 03, 2020, 10:10:30 AM
Money is king Again!

skills, Work ethicks... And Values is Going Down and Money will rise Up school education becomes also pointless.

Only Thing what will matter is Money!!

It's never about values when it comes to macro level. in the global picture it's always about having money to make more money. If you see in this current scenario it's the poor who are suffering not the rich people. Billionaires are reaching new heights of their career you may even attribute this to education as they made some sort of opportunity out of COVID but money has always been the thing that matters.


Title: Re: 2020 Money is king Again Good news
Post by: Janation on September 03, 2020, 10:23:58 AM
Money is king Again!

skills, Work ethicks... And Values is Going Down and Money will rise Up school education becomes also pointless.

Only Thing what will matter is Money!!


It is true that what matters now is money, but that is why skills are important.

Right now, we need to get a way for us to earn and that also means adjusting in this pandemic, if you have a skill in some things you could do something in your home to be able to get some additional profit. If you will not adjust and just wait for this pandemic to end, you might have a hard time to adjust with the incoming months.


Title: Re: 2020 Money is king Again Good news
Post by: Reid on September 03, 2020, 10:48:00 AM
No.
Even people with lots of money in their pockets cannot eat the same food as they can before.
Restaurants closing down and other food outlets.
You need to prepare everything yourself. If you are dumb in cooking skills then you won't eat anything good.

It might be the lack of food that will become a problem.
Deliveries not arriving at their destinations because of quarantine making foods just rotten away in farms.
While here we are in our lighted cities starving. But we do have money. Perhaps we could stir fry it to make it tasty.  ;D





Title: Re: 2020 Money is king Again Good news
Post by: carriebee on September 03, 2020, 11:29:02 AM
Granted that we do have different perception in life though money is important these days during this global pandemic. Money can fulfill your needs but it can’t buy you happiness, just look those people who lives in a rural area they don't have food to eat in their table but they are fulfilled in life. Skills are very important and education also during these times.


Title: Re: 2020 Money is king Again Good news
Post by: Kakmakr on September 03, 2020, 12:40:11 PM
Money is king Again!

skills, Work ethicks... And Values is Going Down and Money will rise Up school education becomes also pointless.

Only Thing what will matter is Money!!


Define money ....... if you refer to Fiat currencies.. then you are soooo wrong. The US wants to continue printing toilet paper money to get them out of the hole they dug with the mistakes they made with the Covid pandemic. (The stubborn Trump administration should have enforced stringent restrictions a lot earlier, because it could have saved a lot more lives)

Lives matter.... not Money!

Crypto currencies can also not remedy the mistakes that has been made by politicians in the past. The debt is spiraling out of control and unemployment is rising.

Low quality education is pointless... good quality education is key to many of the problems we face today. (Poverty / Drugs / Alcohol / sex related problems)  :)


Title: Re: 2020 Money is king Again Good news
Post by: visiteim on September 04, 2020, 11:02:06 AM
The top trends for investors to know in 2020 include dwindling recession fears, a rise in earnings, a climbing stock market, the up-and-coming election, and a comeback of international markets.
Although there remains to be uncertainties in the overseas economies and international markets in the coming year, the forecast for global economic growth has improved. J.P. Morgan is predicting the global GDP growth (2.5%) to outpace the GDP growth in the U.S. (1.7%).
Up-and-coming markets (http://priceunder.in/) may outperform more developed markets internationally in 2020 (assuming the trade talks between the U.S. and China go well).
(I searched for the facts)


Title: Re: 2020 Money is king Again Good news
Post by: minairia3 on September 04, 2020, 11:11:17 AM
Cash has stable value because governments are behind them to manipulate exchange rates. Like in the past, in the future they will continue to print money to stimulate the economy. There will be more money and maybe the money in our pockets will decrease in value. Think of something finite and harder to create than printing government money.
Thats how monetary system works. If you would compared it to bitcoin decentralized aspect its really have a huge difference. Money value is stays the same while the one who growth is the economy and what will effect are the goods and servicws that needed money.

Anyway, its true that they say money is root of all evil. From this statement we witness how scammer used any means to steal funds just to earn money. Money matters but of course it depends on how a certain someone value and used it.


Title: Re: 2020 Money is king Again Good news
Post by: fiulpro on September 04, 2020, 11:20:49 AM
First of all we are in the middle of a Pandemic

Government is trying to balance out their losses by Printing money excessively

-Due to This the value of the currency is decreasing drastically
At some places still it's not evidentially seen , those countries are right now living under a bubble and people are right now facing inflation unarmed

Healthcare is detroiting
At places only the rich can afford healthcare for the corona virus

Despite the government regulations the industries , to earn profits are forcing the citizens to overpay ; if they cannot they are not getting even a hospital bed

Yes right now Money is the most essential resource to take care of you and your family.

But that's unfortunate.
That's now how it should work ..


Title: Re: 2020 Money is king Again Good news
Post by: Xembin on September 04, 2020, 11:39:17 AM
Obviously, Money is very important to humanity in anywhere.In this pandemic many investors that have the money are investing here, and there to make more profit, while some find it difficult to feed well in this pandemic.


Title: Re: 2020 Money is king Again Good news
Post by: thesmallgod on September 04, 2020, 12:22:51 PM
So how did you intend to earn the Money if what matters is money? This is a wrong philosophy about life. You need skills and education to broaden your knowledge and put you in a good chance to earn money. Many people will tell you that those that are most successful today drop out of school. Not that they did not acquire basic education but "dropped out" Money will not just come out from thin air. It will be earned.


Title: Re: 2020 Money is king Again Good news
Post by: lepbagong on September 04, 2020, 12:47:35 PM
So how did you intend to earn the Money if what matters is money? This is a wrong philosophy about life. You need skills and education to broaden your knowledge and put you in a good chance to earn money. Many people will tell you that those that are most successful today drop out of school. Not that they did not acquire basic education but "dropped out" Money will not just come out from thin air. It will be earned.
education is the basis for people to progress in all aspects, especially of course the progress of knowledge which is more basic from all aspects that have been learned. but people who trade can be opened from education because it is parents who give off talents and opportunities to learn to continue their trading traditions. but in theory he did not study in special education but what he studied was direct science practice.

but for certain knowledge it still has to be from the school desk that teaches correctly a clear theory and cannot be done from experience, only trade can do that. So, education is still needed and it cannot be denied that without reliable education, to compete in technological developments you can be left behind.


Title: Re: 2020 Money is king Again Good news
Post by: amishmanish on September 04, 2020, 01:44:16 PM
Skills and good work ethics are as useful as they ever were. Though if its school education you are talking about, then one has to be very careful about what "skill" they choose. The only thing to keep in mind is that it matches your ambition and aptitude. A lot of fear has been raised about AI eating up jobs. Yet, to think of it, robots aren't really going to replace human riggers, welders working on skyscrapers anytime soon. Infrastructure doesn't employ as many people as it used to but it'll survive. Engineers, particularly Mechanical, Civil, Electrical will continue to be in demand.

The most that automation and AI will effect is the jobs on lower end of the spectrum. Support services, call centers are going to get very light in terms of human intervention. Apart from that, we are always going to need good code and new product implementations. It isn't going away anytime soon.

So yeah, Money is king only because skills and work ethics will continue to be used to earn more of it. Nothing is changing in those terms except that we may just self-destruct ourselves with climate change and novel diseases as we continue to disturb earth's balance.


Title: Re: 2020 Money is king Again Good news
Post by: MCobian on September 04, 2020, 01:50:22 PM
Although not all things can be bought by money, it must be admitted that having a lot of money can freely buy anything.
So I agree that money is king, especially in 2020 in a pandemic situation like now money is very much needed. So many
countries are doing money printing, although this will have a bad impact in the future.


Title: Re: 2020 Money is king Again Good news
Post by: sabbir2world on September 04, 2020, 02:05:14 PM
Are you okay man? Money or this concept isn't new like Blockchain. It's not the money that shaped the world rather the people in the power. You see, we can get screwed easily by our leaders.


Title: Re: 2020 Money is king Again Good news
Post by: lumeire on September 04, 2020, 02:33:37 PM
Although not all things can be bought by money, it must be admitted that having a lot of money can freely buy anything.
So I agree that money is king, especially in 2020 in a pandemic situation like now money is very much needed. So many
countries are doing money printing, although this will have a bad impact in the future.
In the time of pandemic, cash was even more important than having money in your bank accounts as in a lot of places people were afraid to go out as there were high chances that the ATM were also carrying the virus and were contaminated, so having cash in hand was considered a good thing considering a lot of local sellers were only accepting cash and not the bank transfers or cards. Have cash become the king again is going to be my question!! As in the time of crisis what people need the most is cash as a lot of times the banks limit the amount of money that you can withdraw in a day from ATM and the banks.


Title: Re: 2020 Money is king Again Good news
Post by: dothebeats on September 04, 2020, 05:29:16 PM
Money is always king, if you are speaking of the abstraction of it. Generally speaking, money never left its importance in our society and in fact, it's now needed more than ever. However, the physical manifestation of the abstraction 'money' which, we know goes by the name 'fiat' has lost its value over the course of a few months because of the rapid printing of money here and there to provide aid to those who needed it the most. Nonetheless, no matter the situation the world finds itself in, the concept of money will always be needed by mankind since we are already fine-tuned to accept and use it to acquire something that we want or need.


Title: Re: 2020 Money is king Again Good news
Post by: Latviand on September 05, 2020, 12:19:01 PM
Only Thing what will matter is Money!!

This statement somehow really have a point. Nowadays, most of the things in the world which are necessary to live and the things that you want can only be acquired when you have money. That's the reality that we need to accept, and YES, there are things that can't be bought by money but we need to understand that we can't live without money. We can't sustain ourselves if we don't have any source of profit or income that will help us to buy our needs. That's the hardest truth that we need to deal with but right now, jobless people are increasing due to the fact that this pandemic can affect businesses and the economy and it is really hard to earn money with this crisis.


Title: Re: 2020 Money is king Again Good news
Post by: AniviaBtc on September 05, 2020, 12:19:31 PM
school education becomes also pointless.

That just sounds like something a poorly educated person would say. 

You can only coast through life without skills or experience if you're one of the lucky few who actually have untold sums of money.  Somehow I sincerely doubt you're one of those people.  This world is going to eat you alive if you don't get your shit together.

Maybe, he said that based on his own experience but in reality, degrees are necessary to find a job if you're not working extra. There are a lot of opportunities where you can work without a degree and I think that's the thing that he is talking about. In cryptocurrency, you don't need a degree to make it grow because some of the crypto investors are successful without even completing college which is what is really happening right now. Some people are just lucky because they are born wealthy and some are suffering because they are born into poverty.


Title: Re: 2020 Money is king Again Good news
Post by: Mauser on September 05, 2020, 12:33:25 PM
Money is always king, if you are speaking of the abstraction of it. Generally speaking, money never left its importance in our society and in fact, it's now needed more than ever. However, the physical manifestation of the abstraction 'money' which, we know goes by the name 'fiat' has lost its value over the course of a few months because of the rapid printing of money here and there to provide aid to those who needed it the most. Nonetheless, no matter the situation the world finds itself in, the concept of money will always be needed by mankind since we are already fine-tuned to accept and use it to acquire something that we want or need.

We will see more pressure on fiat currencies in the near future. Governments all around the world are injecting money into their economies. Central banks are very worried about lower than 2% inflation rates and want to increase inflation above their targets short term.
So while cash is long we need to remember that the longer we hold cash we are losing purchasing power. Cash is not giving any returns and should be considered more short term than long term
Investing is better than leaving money at home or in a checking account.


Title: Re: 2020 Money is king Again Good news
Post by: aiguy on September 05, 2020, 01:48:45 PM
it's not possible, then what about health, food and water. and also there will increase print money, so how will it be a king


Title: Re: 2020 Money is king Again Good news
Post by: iv4n on September 05, 2020, 05:43:44 PM
Money is king! I disagree with that "again", money is king all the time! There is an old proverb here, goes like this "if you can't solve some problem with money, you can solve it with a lot of money"! Before money, it was gold or silver, each era has something valuable that represents money, the king. Now in 2020 need for the money is even bigger, because more cities, more people who live there, they can survive only with money. Before every family had someone who lives in the village, there was food on the table, but villages are gone, we all eat what we buy... we pay for everything, we need electricity, we need telephones (more than one of course), we need internet, car and gasoline... And for all that you need money!


Title: Re: 2020 Money is king Again Good news
Post by: Sanugarid on September 05, 2020, 06:17:26 PM
Obviously, Money is very important to humanity in anywhere.
Frankly speaking not all  ;D There are indigenous people out there having their own source of every thing that they need like shelter made from woods and leaves, food from crops, water from natural resources, and many more. They also don't need to pay for education since the government is providing them one. Wanna replace it to, MOST OF HUMANITY NEEDS MONEY.

In this pandemic many investors that have the money are investing here, and there to make more profit, while some find it difficult to feed well in this pandemic.
That's the opportunity of being rich, they get richer and the poor gets poorer. That's the sad reality about living, when you are born poor you need to thrive in order to get what you want, unlike being born rich the food is already in your table.


Title: Re: 2020 Money is king Again Good news
Post by: Finestream on September 05, 2020, 10:17:47 PM
Money is king Again!
Money is always king.

skills, Work ethicks... And Values is Going Down and Money will rise Up school education becomes also pointless.

Only Thing what will matter is Money!!


It's never pointless as you can use that to make money, getting into school to learn does not mean you'll become an employee after you finish schooling, you can also learn and apply what you learn if you are going to start a business, and the more knowledgeable you are, the better chance you will succeed in your business venture.

BTW, if would be kind of you if you tell me what is the king prior money got king again? ;D


Title: Re: 2020 Money is king Again Good news
Post by: Oceat on September 05, 2020, 11:06:54 PM
I think OP is so fed up with the idea of money is everything but didn't realize it yet when the time comes he doesn't have any water or food. What could be the value of his money if that time comes? Try living in a war zone, let me see if you can buy something or sell something there.


Title: Re: 2020 Money is king Again Good news
Post by: sheenshane on September 05, 2020, 11:55:04 PM
We're now living in the era that most have a technology, therefore, money isn't a king at all. We have many digital valuable assets that might replace the money. I don't think OP has come up with this pointless idea. There are too many ways to find that can alternate to money, not just only money that people need.

Many things can't buy money, even your happiness can't buy with money. You become obsessed with making money you didn't realize that you don't have enough time for your family and your children if you have. Not all things above on earth that you can buy money. :D


Title: Re: 2020 Money is king Again Good news
Post by: The cure on September 06, 2020, 12:01:40 AM
Money is not the only thing that matters in humans life specially in today's situation. There are many rich people who don't get their money's worth when they get sick and get infected by the virus, their money became useless. There are also many people who are poor that can survive the trials that come in their lives because they are accustomed that their only wealth is not money but the wealth of nature.


Title: Re: 2020 Money is king Again Good news
Post by: bearexin on September 06, 2020, 02:04:56 PM
Money is king Again!

skills, Work ethicks... And Values is Going Down and Money will rise Up school education becomes also pointless.

Only Thing what will matter is Money!!
I just don’t understand what you are saying here mate ??? how does schools going down actually make a currency to have value? And did you even forget that most studies are being done online today?

Education is very important, and without it you wouldn’t have been on this forum posting this, because you wouldn’t know how to read and write, so don’t say that it’s good for education and schools to fall, it’s totally wrong ,we need education. And you’re also forgetting that education also contributes to the money a country makes, it’s part of what helps the economy, and if the economy is down, then the currency or money will be down as well.


Title: Re: 2020 Money is king Again Good news
Post by: abhiseshakana on September 06, 2020, 04:17:04 PM
We're now living in the era that most have a technology, therefore, money isn't a king at all. We have many digital valuable assets that might replace the money. I don't think OP has come up with this pointless idea. There are too many ways to find that can alternate to money, not just only money that people need.

Many things can't buy money, even your happiness can't buy with money. You become obsessed with making money you didn't realize that you don't have enough time for your family and your children if you have. Not all things above on earth that you can buy money. :D

But in reality, during the economic contraction towards slow down or tight money, the most powerful thing is cash. Those who are trapped in debt with interest will die slowly because of interest. There will be many opportunities because many will sell non-productive assets in order to hold cash. And the savior from all these situations is cash. So there are many entrepreneurs who hibernate and hold cash, for example doing the chosen trade is a short-term business, the benefits are easy to take and the exit is also easy (low hanging fruit). As did Warren Buffet, who released Berkshire Hathway's shares from several investments to hold cash. Though Buffet is famous for its long-term investment habits.

So the safest thing right now is to hold cash in large amounts in dollars, then still have multistreaming income so that the resistance to face a recession is longer than those without savings and without a surplus of income.


Title: Re: 2020 Money is king Again Good news
Post by: wxa7115 on September 06, 2020, 06:11:04 PM
school education becomes also pointless.

That just sounds like something a poorly educated person would say. 

You can only coast through life without skills or experience if you're one of the lucky few who actually have untold sums of money.  Somehow I sincerely doubt you're one of those people.  This world is going to eat you alive if you don't get your shit together.
Agreed, this world belongs to those that can see farther ahead than anyone else and in order to obtain that ability you need knowledge, and this knowledge can be obtained in several ways, you can go to school and obtain that knowledge, you can learn from experience, you can learn from a mentor in your life or you can learn from books and other materials like it, but regardless of the process itself at the end what matters is your knowledge and how you apply it.

Those that choose to ignore this whether because they are lazy or they are ignorant about this truth are bound to have very difficult lives because they are unable to adapt to the changing situations of the world and what it is even more sad is that they do not even realize why they do not seem to get ahead in life despite all the efforts they make.


Title: Re: 2020 Money is king Again Good news
Post by: Findingnemo on September 06, 2020, 06:26:27 PM
Money is king for now because there is a crash in the investment sector all over the world but you are not supposed to hold it as money for longer term because the lost value will get recover if you invest the cash the value will grow but if you keep it as fiat itself the value will depreciate due to inflation and in some countries the inflation is about to hit double digit due to the economic crashes due to covid 19.


Title: Re: 2020 Money is king Again Good news
Post by: yulchatar on September 06, 2020, 07:12:38 PM
Unfortunately, not everything can be bought for money. For example, health cannot be bought for sure. How many rich people were unable to recover from fatal diseases, while having unrealistic amounts in their accounts. As for education, I also disagree with you. Even those who didn't study well in school, but still became rich, then return for knowledge in order to keep and properly manage their wealth.


Title: Re: 2020 Money is king Again Good news
Post by: The Sceptical Chymist on September 06, 2020, 11:17:38 PM
This is just wrong...
Most of what OP has been writing lately has been. 

school education becomes also pointless.
That debate could take up a whole thread of its own, but that's one point on which I think you're wrong.  Education is never pointless or worthless, even though the cost of attending university has shot up in the past couple of decades.  I would concede that some college majors are pointless, but only from the perspective of using that major to get a job after graduation.  If I were just starting to attend university right now, there's no way in hell I'd pick a major like sociology, psychology, gender studies, or even math/physics unless I was intending on going on to graduate school.

Money is king for now because there is a crash in the investment sector all over the world
What crash are you referring to?  I was looking at the S&P 500 graph earlier, and it's now higher than it was pre-COVID-19.  The stock market is soaring, as are precious metals, and bitcoin is above $10k.  The flash crash we had because of the viral outbreak is a thing of the past at this point.


Title: Re: 2020 Money is king Again Good news
Post by: carlisle1 on September 07, 2020, 01:40:29 AM
Money is king Again!
Don't get what does it mean Money is King again?does Money being Dethroned ?Money will always be the main thing that matters to everyone.No matter what form it is,either Physical or Virtual.
Quote
school education becomes also pointless.
never Give this a justification because that is totally BS,yeah this point in time it is that skills and knowledge will make us profiting but remember that this is not permanent and things will return to what is better soon.
so education will still be very important for us and to our next generations.
skills, Work ethicks... And Values is Going Down and Money will rise Up
Quote
Only Thing what will matter is Money!!

LOve for money is BS,but Love for Life is much that we need.


Title: Re: 2020 Money is king Again Good news
Post by: bits4books on September 07, 2020, 06:08:05 AM
Where does the money come from? Oh sorry I forgot that they are printed on a printer that makes brrrr! Then there are no questions, really.


Title: Re: 2020 Money is king Again Good news
Post by: rodskee on September 07, 2020, 06:32:08 AM
Money is king for now because there is a crash in the investment sector all over the world but you are not supposed to hold it as money for longer term because the lost value will get recover if you invest the cash the value will grow but if you keep it as fiat itself the value will depreciate due to inflation and in some countries the inflation is about to hit double digit due to the economic crashes due to covid 19.

Very need to take a closer look with this, understanding the risk in the long run will save you. Investing to a much better venue
once your knowledge is really attached, you have to focus with opportunities than thinking for short term advantages.
For now, the value of your fiat might be in good position you have to think wiser and start to
invest your money while it's still have greater value than
other assets.


Title: Re: 2020 Money is king Again Good news
Post by: Mauser on September 07, 2020, 06:55:03 AM
Money is king for now because there is a crash in the investment sector all over the world but you are not supposed to hold it as money for longer term because the lost value will get recover if you invest the cash the value will grow but if you keep it as fiat itself the value will depreciate due to inflation and in some countries the inflation is about to hit double digit due to the economic crashes due to covid 19.

In case of a crash there other asset classes which still outperform cash, so Cash might be the Prince, not the King in my opinion. If you look at precious commodities like Gold you will see that they increased a lot in value during past crisis. Where as cash usually just loses value due to inflation. For cash to be good in a crisis you would want to invest into other asset classes at the lowest point. But there you have the timing issue. No one knows for sure when the pandemic will be over.


Title: Re: 2020 Money is king Again Good news
Post by: bitzizzix on September 07, 2020, 07:35:06 AM
Money is not everything, and during this pandemic what is needed is strong health and diligent exercise to prevent the virus and besides that to keep your distance and wash your hands and so on and follow the health protocols implemented by the government.
There is no point in having a lot of money if you are infected, you better invest your money so you can stay focused on your health during this pandemic.


Title: Re: 2020 Money is king Again Good news
Post by: Finestream on September 07, 2020, 11:14:11 AM
Money is not everything
Agree, health is wealth so that should be our priority, however, with money, we can do almost everything we want, we can provide good food for our body to maintain our health and we can afford medical expenses to maintain our health as well. It's easy to say that money is not everything but for people who were deprive with financial freedom, they are hungry for money to change their lives.

Actually in everyday we are living in this world, we are earning money and spending it, it's a cycle, maybe there are people who live below their means and are already satisfied with their simple life, but with money as long as you use it properly, things will change, you will feel the freedom.

, and during this pandemic what is needed is strong health and diligent exercise to prevent the virus and besides that to keep your distance and wash your hands and so on and follow the health protocols implemented by the government.
There is no point in having a lot of money if you are infected, you better invest your money so you can stay focused on your health during this pandemic.

During the pandemic, this is the moment you will feel the need of money, yes, you can be healthy with following those protocols but if you are one of the many who lose their jobs, you would feel the pain and will hope for money, so let's get real here.


Title: Re: 2020 Money is king Again Good news
Post by: davis196 on September 07, 2020, 11:50:41 AM
Money is king Again!

skills, Work ethicks... And Values is Going Down and Money will rise Up school education becomes also pointless.

Only Thing what will matter is Money!!


Money makes the world go around,but you are wrong about values going down.Money printing makes money less valuable and assets,skills,talents and everything else that can be sold for money is becoming more valuable.
School education is kinda worthless,because the kids are learning mostly BS theories,which they won't need in real life.
If the only thing that matters in our lives is money,then life would be a total misery.
The more I care about making more money and growing the savings in my bank account,the more miserable I feel.Greed is a poison.


Title: Re: 2020 Money is king Again Good news
Post by: DooMAD on September 07, 2020, 12:31:29 PM
school education becomes also pointless.

That just sounds like something a poorly educated person would say.  

You can only coast through life without skills or experience if you're one of the lucky few who actually have untold sums of money.  Somehow I sincerely doubt you're one of those people.  This world is going to eat you alive if you don't get your shit together.
Agreed, this world belongs to those that can see farther ahead than anyone else and in order to obtain that ability you need knowledge, and this knowledge can be obtained in several ways, you can go to school and obtain that knowledge, you can learn from experience, you can learn from a mentor in your life or you can learn from books and other materials like it, but regardless of the process itself at the end what matters is your knowledge and how you apply it.

Those that choose to ignore this whether because they are lazy or they are ignorant about this truth are bound to have very difficult lives because they are unable to adapt to the changing situations of the world and what it is even more sad is that they do not even realize why they do not seem to get ahead in life despite all the efforts they make.

Yep.  It's also likely that, for most of the people who believe that having mega-money beyond their wildest dreams and wish for it to happen, they would probably end up leading decidedly shallow and unfulfilling lives if that fantasy did ever come true.

People think they want things handed to them on a platter, but when they actually get it, the novelty wears off fast and it doesn't feel very rewarding.


Title: Re: 2020 Money is king Again Good news
Post by: Harlot on September 07, 2020, 12:40:20 PM
Here we go again with Polo7 creating worthless topics in the Economics section telling lies about fiat currency being dominant or some shit. Last topic I replied to you was about you (https://bitcointalk.org/index.php?topic=5272491.msg55097699#msg55097699) telling that Australia will be printing more money for their stimulus packages which isn't really found in any part of that document. Now this topic where you didn't provide any kind of facts or even sources is simply not convincing to anyone, they just see you trolling them just for your own fun.


Title: Re: 2020 Money is king Again Good news
Post by: bitcoinisbest on September 07, 2020, 02:29:16 PM
Money is king Again!

skills, Work ethicks... And Values is Going Down and Money will rise Up school education becomes also pointless.

Only Thing what will matter is Money!!


I hope I nwwve have to live in a society where all that matters is money. This is always a bad attitude to have and would never want it instilled in our next generations. There truly are more important things than money.

For some people money is everything and even I see in my society how everything for them around is money. But its people choice and how they want to live it. For some people its time spend with loved ones, memories created etc is much important than any other things. A time will come again when things will change.
 


Title: Re: 2020 Money is king Again Good news
Post by: Yatsan on September 07, 2020, 03:09:15 PM
Money is king Again!

skills, Work ethicks... And Values is Going Down and Money will rise Up school education becomes also pointless.

Only Thing what will matter is Money!!


What are you really trying to imply on the concepts or ideas you were sharing? Not all people are barely have the same thinking like you do. Well, it is your own opinion in the first place. But there are still lots of other things that people think as of the moment which mainly concerns safety, security and health. It is indeed that money is one of the most essential and let us say one of the most important thing to must have as well for every goods and services are in need to be paid off before you can experience.

Money is not the only thing that is important for people. The things you have said like skills, works, ethics and values are do also valuable in nature. Maybe you are too much practical in mind to think that money is the only important thing in this world. People are diverse and have different ways of thinking for there are certain things that money cannot buy.


Title: Re: 2020 Money is king Again Good news
Post by: aiguy on September 07, 2020, 05:38:14 PM
Money is king Again!

skills, Work ethicks... And Values is Going Down and Money will rise Up school education becomes also pointless.

Only Thing what will matter is Money!!

Not possible because if you don't have work then wherefrom money will come??? Only money will not help for survival, we need skill, creative though and works need.


Title: Re: 2020 Money is king Again Good news
Post by: aiguy on September 07, 2020, 05:50:28 PM
Although not all things can be bought by money, it must be admitted that having a lot of money can freely buy anything.
So I agree that money is king, especially in 2020 in a pandemic situation like now money is very much needed. So many
countries are doing money printing, although this will have a bad impact in the future.
Yes a lot of money can buy everything also printing a lot of money so how can we say the money will be king. it's going to value less like dry leaves.


Title: Re: 2020 Money is king Again Good news
Post by: ScamViruS on September 07, 2020, 06:24:16 PM
Money is king Again!


I agree with you. Money is king in some ways. We have seen in recent times that when the investment sector has crashed, cash has helped to get out of that situation. Later the market started to recover again and it started to be more convenient to invest than money. But at the time when everything crashed, those who did not have money realized the importance of money. So in many cases money is very important.

Quote
skills, Work ethicks... And Values is Going Down and Money will rise Up school education becomes also pointless.

Only Thing what will matter is Money!!

Education is always important. Your point is baseless. Now the situation will not always be like this, many things have already started to become normal. So the importance of skill and education will soon go back to its previous place.


Title: Re: 2020 Money is king Again Good news
Post by: nasipadang on September 08, 2020, 03:04:13 AM
Money is king Again!

skills, Work ethicks... And Values is Going Down and Money will rise Up school education becomes also pointless.

Only Thing what will matter is Money!!

This is not true, indeed in some ways related to the economy going down and schools getting useless, but you can't just beat everyone up and say money is king. I cannot deny that money is very much needed in this situation, because many workers have been laid off and many other things are included in the impact of Covid-19. For me, good news is that says that Covid will disappear is more needed.


Title: Re: 2020 Money is king Again Good news
Post by: Findingnemo on September 08, 2020, 04:20:00 AM
Money is king for now because there is a crash in the investment sector all over the world but you are not supposed to hold it as money for longer term because the lost value will get recover if you invest the cash the value will grow but if you keep it as fiat itself the value will depreciate due to inflation and in some countries the inflation is about to hit double digit due to the economic crashes due to covid 19.

In case of a crash there other asset classes which still outperform cash, so Cash might be the Prince, not the King in my opinion. If you look at precious commodities like Gold you will see that they increased a lot in value during past crisis. Where as cash usually just loses value due to inflation. For cash to be good in a crisis you would want to invest into other asset classes at the lowest point. But there you have the timing issue. No one knows for sure when the pandemic will be over.
I am not talking about holding the cash, because I knew that value of money will be lost due to inflation.But when the price of asset you invested as soaring and you think it is about to hit the correction period then it is better to cash it out than any other form of the asset so you can invest back the capital as well as the profit once there was a dump.


Title: Re: 2020 Money is king Again Good news
Post by: bits4books on September 08, 2020, 03:24:16 PM
Where does the money come from? Oh sorry I forgot that they are printed on a printer that makes brrrr! Then there are no questions, really.
Even so there is strong country behind it

A strong country that can't even sort out its internal problems, which are drowning more and more.
A strong country whose economy is more like a bubble than something really stable.
A strong country that shoots itself in the foot with cool decisions like hyper inlfation or disbanding the police by state.

All that remains of a strong country in the United States is only the memory that it was once strong.


Title: Re: 2020 Money is king Again Good news
Post by: wiss19 on September 09, 2020, 09:20:09 AM
Money is king Again!

skills, Work ethicks... And Values is Going Down and Money will rise Up school education becomes also pointless.

Only Thing what will matter is Money!!

I still don’t get what you’re trying to say here because you said at first that skills and work ethics doesn’t make any sense. How exactly are people going to make money when they don’t have skills? Skills are required before you can get a job and then make money. I don’t really see a job that doesn’t require having skills.

If you’re going to be an a chemical engineer, you will have to go to school and learn and graduate and then get a job, if it’s not that way, then you wouldn’t have any understanding on what that area of engineering is all about and you won’t get a job there. So, don’t say that education is pointless, because there are so many ways that education is helping us.


Title: Re: 2020 Money is king Again Good news
Post by: Ozero on September 09, 2020, 06:32:08 PM
Money is king Again!

skills, Work ethicks... And Values is Going Down and Money will rise Up school education becomes also pointless.

Only Thing what will matter is Money!!

It makes no sense to extol money to that extent. Money is just the equivalent of the value of commodities. They can be in any form, including cryptocurrency. However, the most important thing is what they replace - the material values themselves.
What we previously studied in schools about economics remains unshakable, but social relations develop, only their form can change, but not the essence.


Title: Re: 2020 Money is king Again Good news
Post by: adzino on September 09, 2020, 06:49:50 PM
School education is pointless because you think money is the king of everything? Lol, not really. You need some sort of education before you start unless you get really lucky or your parents gives you a fortune. Even if you get lucky without education, imagine what you would be able to do and earn if you had some good education. And what makes you think as money starts to rise, education will become "useless"?

Only Thing what will matter is Money!!

Not really. You are probably living in a dream/fantasy world.


Title: Re: 2020 Money is king Again Good news
Post by: CarnagexD on September 09, 2020, 07:41:33 PM
School education is pointless because you think money is the king of everything? Lol, not really.
To another perspective, money can give you the best quality education that you want, you can hire the best of the best professors when you can afford their price. Maybe this is why some people hails the money more than anything. Well I we can't blame them for their opinion and beliefs.


Only Thing what will matter is Money!!

Not really. You are probably living in a dream/fantasy world.
When you dream so bad about it, it became your very desire to the world and ready to take it in whatever situation. As the elder people say, you'll see the worth of money when you don't have any to buy or you can't spend it. The ultimate goal of having a money is to attain our needs and to experience luxury.


Title: Re: 2020 Money is king Again Good news
Post by: hahay on September 09, 2020, 08:17:03 PM
Sometimes we still think that not everything can be bought with money, but what happens over time at least I am personally aware of this, because basically everyone needs money and anything money can buy. There are so many changes that have taken place, and with the pandemic and world crisis it is evident that those affected by it are still entangled with economic difficulties and the main factor is about money. So indeed, it is undeniable that money today is king because we cannot live without it, maybe for those who don't know money who can still meet their daily needs, especially their daily food, can still be obtained from their own garden.


Title: Re: 2020 Money is king Again Good news
Post by: bitfocus on September 10, 2020, 10:14:23 PM
I think it's ugly to speak of money as being the only thing that matters... but look at how our society places it's focus on those in power and celebrities, there has been a constant focus since the 20th century that all you need is money to be a "success" and to be happy, and these days with new mass unemployment, and a constant conversation around "stimulus" packages... is it any wonder that people think that money is all that matters.



Title: Re: 2020 Money is king Again Good news
Post by: Polo7 on September 11, 2020, 11:32:52 AM
But look even the IMF new boss Kristilina said money is key!

Quete:

"She said just make sure the other billion money backage is Ready"


So covid is fixed with money money


Title: Re: 2020 Money is king Again Good news
Post by: Ayiranorea on September 11, 2020, 01:43:47 PM
School education is pointless because you think money is the king of everything? Lol, not really. You need some sort of education before you start unless you get really lucky or your parents gives you a fortune. Even if you get lucky without education, imagine what you would be able to do and earn if you had some good education. And what makes you think as money starts to rise, education will become "useless"?

Only Thing what will matter is Money!!

Not really. You are probably living in a dream/fantasy world.
Agreed, people are much into the fantasy world. Very few get lucky and very few will be of fortune. Rest stands on education and hard work. In recent years this trend too have changed. Education helps in creating ourselves, but the education being used through smart work makes us known to the world. This way education is the king and money stands further.


Title: Re: 2020 Money is king Again Good news
Post by: Axelseseclevz on September 11, 2020, 01:58:58 PM
Money is king Again!

skills, Work ethicks... And Values is Going Down and Money will rise Up school education becomes also pointless.

Only Thing what will matter is Money!!


Don't make money as the king of your life because it will not help you to have a long life or even give you one minute of additional breath if you will become a worst victim of this covid virus. Heath is better to prioritize now and invest so that it will give you money to support your daily needs. And always remember and put it in your mind that you can't bring money to the pit when you die.  Yes we need money to live but don't make it as a center of your life. Make God as your king and not Money!


Title: Re: 2020 Money is king Again Good news
Post by: wxa7115 on September 11, 2020, 05:27:30 PM
Agreed, this world belongs to those that can see farther ahead than anyone else and in order to obtain that ability you need knowledge, and this knowledge can be obtained in several ways, you can go to school and obtain that knowledge, you can learn from experience, you can learn from a mentor in your life or you can learn from books and other materials like it, but regardless of the process itself at the end what matters is your knowledge and how you apply it.

Those that choose to ignore this whether because they are lazy or they are ignorant about this truth are bound to have very difficult lives because they are unable to adapt to the changing situations of the world and what it is even more sad is that they do not even realize why they do not seem to get ahead in life despite all the efforts they make.

Yep.  It's also likely that, for most of the people who believe that having mega-money beyond their wildest dreams and wish for it to happen, they would probably end up leading decidedly shallow and unfulfilling lives if that fantasy did ever come true.

People think they want things handed to them on a platter, but when they actually get it, the novelty wears off fast and it doesn't feel very rewarding.
What you are describing is very similar to the studies that have found that those that win the lottery may be happy about it at the beginning but this wears off really quickly and they go back to their previous emotional state and since they do no know what it takes to earn that money since the just got lucky they decide to begin to spend their money in a reckless way and find themselves facing bankruptcy in just a few years.

And what it is even worse despite all that money, which seems to be the only thing the OP cares about it, they did not solve any of their problems and many end up wishing they never won the lottery on the first place.


Title: Re: 2020 Money is king Again Good news
Post by: Polo7 on September 11, 2020, 05:54:45 PM
Agreed, this world belongs to those that can see farther ahead than anyone else and in order to obtain that ability you need knowledge, and this knowledge can be obtained in several ways, you can go to school and obtain that knowledge, you can learn from experience, you can learn from a mentor in your life or you can learn from books and other materials like it, but regardless of the process itself at the end what matters is your knowledge and how you apply it.

Those that choose to ignore this whether because they are lazy or they are ignorant about this truth are bound to have very difficult lives because they are unable to adapt to the changing situations of the world and what it is even more sad is that they do not even realize why they do not seem to get ahead in life despite all the efforts they make.

Yep.  It's also likely that, for most of the people who believe that having mega-money beyond their wildest dreams and wish for it to happen, they would probably end up leading decidedly shallow and unfulfilling lives if that fantasy did ever come true.

People think they want things handed to them on a platter, but when they actually get it, the novelty wears off fast and it doesn't feel very rewarding.
What you are describing is very similar to the studies that have found that those that win the lottery may be happy about it at the beginning but this wears off really quickly and they go back to their previous emotional state and since they do no know what it takes to earn that money since the just got lucky they decide to begin to spend their money in a reckless way and find themselves facing bankruptcy in just a few years.

And what it is even worse despite all that money, which seems to be the only thing the OP cares about it, they did not solve any of their problems and many end up wishing they never won the lottery on the first place.



well some people must do speculation and others must work



but in cryptocurrency we aare all coz of the main reason we dont want to work and just speculating with cryptocurrency.

thats why btc and crypto is made for.

its called balance in life some people need to get a lot more in order to keep balance so others can have not much but enough.


thats why we dont have civil wars world wars and so....no fighting the stronger people are happy they invest in crypto stocks gold they are bankers doing speculations...so everything is working.


Title: Re: 2020 Money is king Again Good news
Post by: panganib999 on September 11, 2020, 11:12:42 PM
Money is king Again!

skills, Work ethicks... And Values is Going Down and Money will rise Up school education becomes also pointless.

Only Thing what will matter is Money!!


Skills, work ethics and values are important and those are real essential deals that are needed by a certain individual in this world. Yes, it is indeed that money is a must have but money is not all that it takes for there are essential things in this world that cannot be bought by money. Also, how can you say so that school education is becoming so pointless when education is a must thing to have because if you are educated, you can do anything and build up essential skills to survive this world. If you would just be concern on just having money without any skills and knowledge then all of those money would become worthless for you would just get easily be fooled and it would be senseless if you do have money but cannot manage to make use of it properly because you do not have certain skill and knowledge to do so.


Title: Re: 2020 Money is king Again Good news
Post by: Nellayar on September 11, 2020, 11:28:43 PM
Money is king Again!

skills, Work ethicks... And Values is Going Down and Money will rise Up school education becomes also pointless.

Only Thing what will matter is Money!!

Your health is what matters right now I guess because of pandemic and of course your money can’t help you on that so don’t think too much about the money and stay healthy for now. If you have a lot of investments then the money will work for you. Money is not the king but its one of the basic necessities to stay alive nowadays, but never treat this as above anything else.
I agree with you! Health is wealth. Money is useless if everyone in your home is at hospital. Definitely even you have lots of bills, it will disappear because of the hospital bills. Besides, you can`t bring it when you died in this world. Health right now is a gem. If you don`t have sickness, you can work and you can gain money. We should not make the money as our God because someday it might disappear. But the health, family, values and happiness should be emphasized because we only live once in earth.


Title: Re: 2020 Money is king Again Good news
Post by: Salauddin1994 on September 12, 2020, 06:40:22 AM
Just as it is not possible to do anything without money money does not mean the perfect solution to everything. How do we make money if our body is not healthy? For this you have to think about your own well-being first. Money is king but money will be useless to illness. Just as the effects of the epidemic have helped to make sense so too can the blessings of health be understood without being ill. Many people are spending their days in financial crisis because of the virus it is much easier to make money if your body is healthy.


Title: Re: 2020 Money is king Again Good news
Post by: sabbir2world on September 12, 2020, 07:01:47 AM
You can't say for sure that the knowledge is worthless against money... Money can rule the system for the time being but ultimately knowledge wins.


Title: Re: 2020 Money is king Again Good news
Post by: Yey09 on September 12, 2020, 07:12:42 AM
Education will never be pointless because it allow you to earn more money at least


Title: Re: 2020 Money is king Again Good news
Post by: Shimmiry on September 12, 2020, 10:35:58 AM
Money is king Again!

So you're a worshiper of money.
That's for you. You've been eaten by the curse of money LOL. Don't rely yourself wholeheartedly for money. It's not actually good for you.

Education is always needed. Its fundamental for everyone's learning. Even for some people, who are already intelligent and has resources, they still need education.




Title: Re: 2020 Money is king Again Good news
Post by: verita1 on September 12, 2020, 09:15:59 PM
Money was created to meet basic needs.
Money is never going to be what matters most.
Education is one of the most important pillars of humanity and will be so forever.
It is true that we are seeing loss of values but what we must do is rescue them and cultivate them so that we never lose them.
We should not worship money, we just need to love God above all things.
In this pandemic, money became very necessary because we are in crisis and there are shortages. What we must do is manage it intelligently for our survival and if we can help to others. Let us not hesitate to do so.


Title: Re: 2020 Money is king Again Good news
Post by: Hypnosis00 on September 12, 2020, 11:30:56 PM
Alright, We never live without money in today's situation but it doesn't mean that we have to praise the money at all. The pandemic proved it how important to have money saved in our pocket all the time. But it was sad to see how people being greedy because of this thing and in order to survive.

If the current situation will brought us into the market reset, maybe I was glad to see it but somehow it is so unfair because rich people become richer while poor people become poorer.


Title: Re: 2020 Money is king Again Good news
Post by: lixer on September 13, 2020, 02:39:55 PM
Money could make money itself, you do not need skills for that, I am pretty sure that is what this idiot is talking about. A brand new troll of our forum that will be gone hopefully soon because if he doesn't people like him will see what he is doing and getting away with and a lot more of him will be around.

However going back to the idea, you can work as hard as you can from age 5 to be a great worker one day, pick a field you like at age 5 and until you are 30 work on that, be the best there is and you could still not make as much money as Jeff Bezos or some wall street dudes, and you would be working 10x more. Money attracts money, look at dividends for example, you do not work at all, your money births money, while you work your ass off some person gets paid same amount in dividends by doing nothing.


Title: Re: 2020 Money is king Again Good news
Post by: sulendra12 on September 13, 2020, 09:52:38 PM
Only Thing what will matter is Money!!
That also means, certain countries are starting to print their own money. That also means you will see more inflation which is really bad to be fair. It's correct that money takes its place in this world to buy everything and you can't even live in this world without money, but that perception sounds really wrong for me.


Title: Re: 2020 Money is king Again Good news
Post by: coolcoinz on September 13, 2020, 10:19:23 PM
Education will never be pointless because it allow you to earn more money at least

Money is just a means to an end. You can have food clothes, accomodation, literally everything without having to use money if you manage to come to such arrangement.
Want an example? Women who marry rich men. Some of them stay at home, cook, take care of children and in exchange get everything they want brought on a silver platter.


Title: Re: 2020 Money is king Again Good news
Post by: Ryker1 on September 13, 2020, 10:21:47 PM
Money is king Again!

skills, Work ethicks... And Values is Going Down and Money will rise Up school education becomes also pointless.

Only Thing what will matter is Money!!

Well, I did not accept that schools and educations will become pointless, how can you count money if you are not educated to count money.
There are a few things that we can not buy money, not all things that matter on the money. When people or government realized that barter system is not fair then they created money. Basically, money is just for basic need and money have a purpose why our government printing this for the equal exchange, --not just the barter system.


Title: Re: 2020 Money is king Again Good news
Post by: Shasha80 on September 13, 2020, 10:45:49 PM
It must be admitted that I agree in a situation like now, money is king. We really need money to survive, especially now that
it is very difficult to work in the real world, because of the quarantine in several countries. Luckily I know cryptocurrency,
so it can be an alternative to making money from cryptocurrency. But sometimes money can also be the cause of people
to commit crimes, especially for greedy people. Even though money is king, we must have a religion, so that we can control
ourselves from greed.


Title: Re: 2020 Money is king Again Good news
Post by: FlightyPouch on September 13, 2020, 11:37:00 PM
Only Thing what will matter is Money!!
That also means, certain countries are starting to print their own money. That also means you will see more inflation which is really bad to be fair. It's correct that money takes its place in this world to buy everything and you can't even live in this world without money, but that perception sounds really wrong for me.

You can live without money in this world, but you needed it. It is the value that it has and it is really absurd how these papers have that kind of value like a gold. You would say you have a garden to keep you alive but to maintain it you need money. Clothes and house got broken, you really need money for those.


Title: Re: 2020 Money is king Again Good news
Post by: giammangiato on September 14, 2020, 09:59:59 AM
Money is king Again!

skills, Work ethicks... And Values is Going Down and Money will rise Up school education becomes also pointless.

Only Thing what will matter is Money!!


Money is king since when it was invented from the humans. This is not a good thing if we build our future only based on Money because good values in some occasions will help more than money. This is my personal idea about it.


Title: Re: 2020 Money is king Again Good news
Post by: CODE200 on September 15, 2020, 07:30:38 PM
Money is a very essential thing to must have if we are going to state it and think about being practicality wise. But still having skills, values and work ethics is also a must have and that must not be taken for granted. Also, school education is a privilege that every single individual must attain to be able to move forward and survive into this world full of lies and discrimination. Let's just say that you have lots of money but you do not know anything on how you will manage your money, you will just turn out getting poor for you are prone of getting fooled or be wasting money for unnecessary and not essential things that are not worthy for spending. Money is not  just the only thing present in this world. Yes it have a great influence most of the time but still there are things that money cannot buy so do not just certainly focus on obtaining money.


Title: Re: 2020 Money is king Again Good news
Post by: Kasabus on September 16, 2020, 02:05:51 AM
Money is king Again!

skills, Work ethicks... And Values is Going Down and Money will rise Up school education becomes also pointless.

Only Thing what will matter is Money!!


Money is king since when it was invented from the humans. This is not a good thing if we build our future only based on Money because good values in some occasions will help more than money. This is my personal idea about it.
It is not surprising nowadays that money is very much important so we can buy all our basic necessities for survival. But that doesn't mean that money is the king because even those people who have no bundles of money are still living freely as long as they are still eager to work to earn for their living.


Title: Re: 2020 Money is king Again Good news
Post by: Bezobraznike on September 16, 2020, 06:28:41 AM
   I agree with the statement Money is king, you can't do anything without money! If you wish to have a normal life you need to have
money to pay for all the comfort. Money pays bills, with money you eat, and for everything you plan to do you will need money.
   Money buys and pays for stuff, but you need to be satisfied with what you have, and if you wish more to work for that without
stressing too much, if you lose health to make money that's not a good deal.


Title: Re: 2020 Money is king Again Good news
Post by: Mauser on September 16, 2020, 06:41:52 AM
   I agree with the statement Money is king, you can't do anything without money! If you wish to have a normal life you need to have
money to pay for all the comfort. Money pays bills, with money you eat, and for everything you plan to do you will need money.
   Money buys and pays for stuff, but you need to be satisfied with what you have, and if you wish more to work for that without
stressing too much, if you lose health to make money that's not a good deal.

I agree with you that money is important for everyone of us, but the only problem I see is that money is not generating any income on it's own. You need to invest it, gamble or bet with or just loan it someone. Money on its own in a bank account or as cash at home will lose it's purchasing power over time due to inflation. As good investors as most of the people on this forum are, we all put our FIAT money into crypto currencies so we are not as hard hit by inflation as in our own country. Also the chances to make a return with cryptos is much higher than just holding cash.


Title: Re: 2020 Money is king Again Good news
Post by: lienfaye on September 16, 2020, 06:44:22 AM
Currently money has a big role to us, especially that there's a pandemic at this time. We cant feed ourselves if we dont have money, we cant go to hospital if we dont have money to pay the bills. It is really essential even before, but it doesnt mean thats the most important thing now. The lives and safety of people are much more valuable, we can work to earn money but we have only one life to treasure.


Title: Re: 2020 Money is king Again Good news
Post by: Saisher on September 16, 2020, 10:26:55 AM
Currently money has a big role to us, especially that there's a pandemic at this time. We cant feed ourselves if we dont have money, we cant go to hospital if we dont have money to pay the bills. It is really essential even before, but it doesnt mean thats the most important thing now. The lives and safety of people are much more valuable, we can work to earn money but we have only one life to treasure.

We can see the importance of money on times like this, the economy of every nation has stopped, and we are all unprepared for this this is the time that we wished we have save enough, because the lock down has limited our movement and our resources, education is important and part of being educated is saving for a rainy season like this.


Title: Re: 2020 Money is king Again Good news
Post by: Bezobraznike on September 16, 2020, 11:55:05 AM
   I agree with the statement Money is king, you can't do anything without money! If you wish to have a normal life you need to have
money to pay for all the comfort. Money pays bills, with money you eat, and for everything you plan to do you will need money.
   Money buys and pays for stuff, but you need to be satisfied with what you have, and if you wish more to work for that without
stressing too much, if you lose health to make money that's not a good deal.

I agree with you that money is important for everyone of us, but the only problem I see is that money is not generating any income on it's own. You need to invest it, gamble or bet with or just loan it someone. Money on its own in a bank account or as cash at home will lose it's purchasing power over time due to inflation. As good investors as most of the people on this forum are, we all put our FIAT money into crypto currencies so we are not as hard hit by inflation as in our own country. Also the chances to make a return with cryptos is much higher than just holding cash.

   Mauser we can agree that it's easier to make more money if you have a lot in the first place. The More you have, the easier it gets to
do something with that money. The problem with small amounts is that you need to risk a lot to make something, and in most cases that
risk turns to lose! For investing you need to have capital and capital is money, again we come to conclusion, money is king from any angle.


Title: Re: 2020 Money is king Again Good news
Post by: wxa7115 on September 16, 2020, 05:22:00 PM
You can't say for sure that the knowledge is worthless against money... Money can rule the system for the time being but ultimately knowledge wins.
In fact it can be argued that those that are at the top are there because of their superior information and knowledge and the only way to get there yourself is to be better at those two things, and the best example of this are the business that emerged from the dot com bubble.

Take a look at Google and Facebook why they have become two of the biggest companies around the world despite the fact they do not sell anything tangible to the public? They have done so because they have superior information about the public that uses their platform and they use that knowledge to get power and money, so if anything more than ever information and knowledge are more critical for your success than at any other moment in history.