Lenders are factoring this in by just raising their interest rates. It isn't difficult.

Lender recognizes their purchasing power to decreasing over fixed amount of time, by default 2% yearly compounded by whatever government mismanagement adds on top of that, they increase interest rates to cover that reduction in purchasing power by some value X. Whatever calculation that is is beyond what I can articulate, it would be dependent on the lender.

Borrowers aren't in a spot of luxury here. Lenders know the market better than anyone, hence they have the capital to lend. You'd have to take a gamble and secure a loan with low interest prior to inflation.

My only omission from your list. Teach them about culture, not instilling god-fearing hyperbole about the deepest parts of hell or jahannam in order to coerce young minds into submission. Children don't need religion to live morally virtuous lives, and they don't need to be fearful of god in order to make good decisions. We live in the most peaceful time in human history because we've escaped the dogma that's contributed to some of the deadliest wars in history. No need to go back.

You should give us more details instead of a link and...whatever that pink thing is. This post isn't a slight directed at Joe Biden using Truman's scapegoat of Republicans?

No relation whatsoever? 

This particular poll was over six weeks before the speech and it's been my own observation that in classic Republican party fashion, they continue to shoot themselves in the foot failing to defeat a senile radical that needs amphetamines to get through a speech.

What's the solution to Republicans losing against Joe Biden?

Simple. Republicans need to ditch Trump; he's damaged goods. No focus on the economy, immigration, foreign policy, etc. They only focus on Trump and his personal issues with the DoJ. Seeing whatever evidence the DoJ has released convinces me that Trump is at most negligent for his handling of (alleged) classified info, not criminally liable. And if we were playing the game fairly, Hillary Clinton would have long ago been indicted for mishandling classified info and then deleting evidence following a subpoena from congress. I don't see the benefit of going on a tirade against the FBI when there's already a range of viable attacks.

The speech shouldn't help Joe Biden. Ostensibly an iteration of "Dark Brandon" when in actuality his brain dead advisers recreated Third Reich scenery.

No. The probability of Bitcoin ever hitting zero is so tiny that there'd have to be some sort of technology/AI that could brute force private keys without taking billions of years for this question to have any relevance. Excluding extenuating circumstances, this seems like a pointless discussion to have.

There isn't an absolute minimum from an investors perspective, meaning the current bear market could produce a minimum of 15k USD/coin, 10k USD/coin, etc. Simultaneously, the absolute minimum is not going to be zero. The market wouldn't allow for that to happen, BTC is too engrained in the global economy.

Went from the do-nothing Republicans to the semi-fascist Republicans in two generations.

Biden nailed the Nazi aesthetics. It's unfortunate that he had to walk back his comments today after his handlers told him that his remarks did not reflect too well: https://nypost.com/2022/09/02/biden-walks-back-attacks-on-trump-voters-in-anti-maga-speech/

Approval rating at 38%, so the logical step is to call 70 million voters fascists only to retract <24 hours later.

How many millions are the White House spending on democratic strategists only for them to come up with the monstrosity that will go down as Biden's worst Presidential address? I'd ask for a refund if I were them.

The usual methods against protecting one's self from inflation don't apply when there are artificial product shortages, meaning the UK inflation rate is a development strictly from energy costs (in addition to the post COVID money printing, but obviously that would not result in a near 20 percent inflation rate). I don't think there's an actual solution that the government could endorse other than radically shifting their energy policy to include cheap oil/natural gas and dumping renewables entirely. How many UK residents can reasonably obtain alternative heating methods? Consider that the price of firewood, insulation costs, etc. would begin to rise as demand for heating alternatives rise -- you wouldn't end up at a solution even if trying to find alternatives.

Global economy is in a slump and Bitcoin's price is generally tied to the state of the global economy. Predicting Bitcoin's price on micro levels is no better than a coin flip if you want to try contextualize fed policy with the crypto world.


Hyperinflation are the last breaths of a currency. I don't see euros collapsing any time soon nor do most people. It's also probably true that 9 percent inflation isn't the ceiling either. When the energy crisis worsens in the winter time, businesses will collapse in on themselves and wage increases will be only a fraction of the inflation rate. I don't believe the EU can responsibly pull themselves out.

What innovations are you proposing? The banking industry's only disruption to Bitcoin will be the introduction of CBDC's and they aren't necessarily a direct threat would require Bitcoin to be any different (not that you could make BTC inherently different anyways). Seems to me that Gen Z are less skeptical of government intervention in economic affairs than older generations that have lived through legitimate oppressive regimes, so the banks have open access to a naive market that is willing to deprive themselves of any autonomy. This isn't a slight directed at Bitcoin.

This is the explanation, social media. It's become a malignant tumor that's inflicting irreparable damage on society. From polarization to hyperconsumerism to privacy invasion, it doesn't really end.

Just an observation, it seems the loudest group against capitalism also seem to be the group that spends the most money on luxurious items. You'd think a group of angry socialists wouldn't be so attached to materialistic items of wealth.

It's a bit backwards. I've seen institutional investors and general consumers avoid using Bitcoin because of higher taxes associated with crypto. That's not to say there wouldn't be resistance to the government's effort to curtail crypto users -- merely that higher taxes are effective in stopping most, if not all, economic behaviors.

As far as I'm concerned, if the government wants to ban crypto, they can do it. They don't need higher taxes to accomplish their nefarious intent. Increases taxes is the first step. The next step is criminalization.

Not to be pessimistic, but these factors wouldn't improve an entire country's economy unless you're talking about a massive overhaul of governmental systems. Inflation can impact someone with low financial literacy the same way as someone with higher financial literacy. Demanding answers from your government as to why inflation is occurring in the first place seems like the prudent solution. Teaching financial literacy to someone that has to pay 10% more for goods than the previous year doesn't actually tackle the core issue. You couldn't create jobs out of thin air either.

93 million USD spent on this project not including future maintenance costs and upkeep. The projected ROI is what, exactly?

Could be calculated in two ways: Produces energy more cheaply than oil/gas (we all know this isn't true, strike this immediately).

Alternatively: If the ROI for energy savings is negative, the investment could be recouped by the projected savings in climate change expenditures associated with rising temperatures. The problem with Germany's grand plan is that their individual climate change efforts will do nothing to stop global rise in temperatures. This has always been the issue.

They should use this money and burn it for this coming winter. I think they'd get more usage out of it this way.

Crimes of the west don't justify crimes of Russia. And the dirty secret of global politics is that the U.S. gets away with a lot because their interests aligns with eastern Europe. Same goes for Israel and U.S./Europe. Wiping Ukraine off the map only serves the interest of Russia and China.

India and China are okay with continuing business with Russia for their oil despite the condemnation from the west. The problem is, the Russian economy isn't solely based on oil/gas. There's sanctions on most Russian exports from the west and India/China cannot pick up the remnants of the Russian economy on their own.

Russia is suffering, just not to the extent the west had hoped for because of the bone India and China has thrown them.


Which is rather unfortunate because the west has no authority to become global arbitrators in economic affairs.

Education doesn't have to be the proverbial college/university or (insert institution of higher learning here). I'd argue that education is critical no matter the field you choose to go to. It's not that any of us knew about cryptocurrency inherently. There was a learning curve before diving into the industry, ie we educated ourselves/

You don't need college/university to be successful, but you do need an education in something, whether that be through self learning or the professional schooling route.

Taliban is the illegitimate fascist government of Afghanistan. This is akin to North Korea banning crypto currency. Has no effect on the crypto economy, and I would have already made the presumption that cryptocurrency was banned the moment they took over.


I would highly advise against this, as the Taliban are known to execute innocent Afghan citizens on a whim. Getting caught with crypto currency sounds like the death penalty. Is it worth it?

I should clarify that I'm talking about all expenditures related climate change, not just money spent on renewables, over the last 2 decades at least. Spending has been ramped up over the last decade, but it was going on for much past that. How many subsidies, defaulted loans, tax credits and such, have gone out to "green" enterprises that haven't posed a positive ROI? Climate change expenditures are not only the funds associated with building more wind turbines. The opportunity cost isn't factored in either (as in taking the billions spent on climate change initiatives that have accomplished nothing, and factoring what those funds might have returned had they been invested properly)

I've tried looking for accurate figures of total climate change expenditures and can't seem to find it. If you have a figure that's more accurate, I'd be informed of a more reliable estimate.

Some industries are more recession proof than others -- tourism is a tough industry to weather out during a recession. The first expenses people cut are vacations and travel.


No, probably not. I'd love to sugarcoat it, even for my own sanity considering a large portion of this recession was inevitable had COVID policy been handled different, but the state of stagflation lasts years. Greece will lag behind the curve in terms of the recovery if a larger portion of its GDP is affiliated with tourism. You'll need to wait for Europe to regain economic control, presumably the U.S. as well before smaller economies follow.

Setting aside the battered economy from COVID, Ukrainian war will likely last years so the absolute earliest I'd see a return to pre-pandemic GDP/inflation rates is probably 2025-2026.

And how much energy is required to desalinized ocean water?

The issue isn't just food supply shortages. It's distribution. The western world is largely obese, wastes a fair portion of the food that it produces and yet tens of thousands can still die from famine every day. If the energy costs associated with distribution goes up then so do food prices. Poor countries are the first to suffer famines. Developed countries have enough funds to to cover the higher food costs so they'll be fine, hopefully.