ThemePen
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September 04, 2022, 03:20:41 PM Merited by OutOfMemory (1) |
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This is how they control the minds of society... SourceWell, not mine, because i banned television from my home in 2010. Impressive photo, tho. We don't have since 50 years. Means my family does not like TV. So I also not in But the society is....
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JimboToronto
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Activity: 4158
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You're never too old to think young.
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-horribly oversized image-
I couldn't see sh!t. Sry.Not Sry! Maybe if you sell your phone you could afford a bigger monitor.
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Torque
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September 04, 2022, 03:23:35 PM |
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OutOfMemory
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Activity: 1694
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Man who stares at charts (and stars, too...)
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This is how they control the minds of society... SourceWell, not mine, because i banned television from my home in 2010. Impressive photo, tho. We don't have since 50 years. Means my family does not like TV. So I also not in But the society is.... Avoid anything the masses are fond of == Happy life.
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ChartBuddy
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Activity: 2324
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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September 04, 2022, 04:03:25 PM |
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Biodom
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September 04, 2022, 04:05:32 PM |
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Call me a bit naive, but I cannot for the life of me understand why money is not moving into bitcoin in a gigantic swirl....yet. It is obvious that inflation is high, eating everyone's purchasing power. Stonks are still at the top of the range vs P/E and interest rates. Real estate went up crazily during Covid and is posed to plunge. All factors point to it. Gold is not "working" really since 2011. So...how the populace think that they could keep their funds at least at par vs inflation?
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philipma1957
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'The right to privacy matters'
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September 04, 2022, 04:32:52 PM |
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Call me a bit naive, but I cannot for the life of me understand why money is not moving into bitcoin in a gigantic swirl....yet. It is obvious that inflation is high, eating everyone's purchasing power. Stonks are still at the top of the range vs P/E and interest rates. Real estate went up crazily during Covid and is posed to plunge. All factors point to it. Gold is not "working" really since 2011. So...how the populace think that they could keep their funds at least at par vs inflation?
In the USA it is easy to get I bonds at 9.62%
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Hueristic
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Doomed to see the future and unable to prevent it
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September 04, 2022, 04:35:34 PM |
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Fuck him, he is was part of the problem.
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LoyceV
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Thick-Skinned Gang Leader and Golden Feather 2021
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September 04, 2022, 04:44:06 PM |
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Call me a bit naive, but I cannot for the life of me understand why money is not moving into bitcoin in a gigantic swirl....yet. It is obvious that inflation is high, eating everyone's purchasing power. Stonks are still at the top of the range vs P/E and interest rates. Real estate went up crazily during Covid and is posed to plunge. All factors point to it. Gold is not "working" really since 2011. So...how the populace think that they could keep their funds at least at par vs inflation? Isn't the low interest the cause of all this? It's been too low for too long, there's too much fiat money now, and the interest has to be raised a lot more before markets can make sense again.
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Hueristic
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Activity: 3962
Merit: 5384
Doomed to see the future and unable to prevent it
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September 04, 2022, 04:46:13 PM |
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Call me a bit naive, but I cannot for the life of me understand why money is not moving into bitcoin in a gigantic swirl....yet. It is obvious that inflation is high, eating everyone's purchasing power. Stonks are still at the top of the range vs P/E and interest rates. Real estate went up crazily during Covid and is posed to plunge. All factors point to it. Gold is not "working" really since 2011. So...how the populace think that they could keep their funds at least at par vs inflation? Isn't the low interest the cause of all this? It's been too low for too long, there's too much fiat money now, and the interest has to be raised a lot more before markets can make sense again. Occam's Razor, people are stupid and easily manipulated.
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Torque
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September 04, 2022, 04:54:08 PM |
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Call me a bit naive, but I cannot for the life of me understand why money is not moving into bitcoin in a gigantic swirl....yet. It is obvious that inflation is high, eating everyone's purchasing power. Stonks are still at the top of the range vs P/E and interest rates. Real estate went up crazily during Covid and is posed to plunge. All factors point to it. Gold is not "working" really since 2011. So...how the populace think that they could keep their funds at least at par vs inflation? Isn't the low interest the cause of all this? It's been too low for too long, there's too much fiat money now, and the interest has to be raised a lot more before markets can make sense again. True, but... 1. At even 4-5% interest rate, the U.S. cannot afford even afford to pay the interest on the national debt. They have to borrow every year just to pay the interest. Especially in an environment where tax receipts are falling. 2. Corporations will not be able to borrow at that rate and will go bankrupt. Thus mass layoffs will happen, which will cause even more of the govt tax base to fall due to mass unemployment. Low interest rates were low for so long for a reason, an inconvenient truth that no one wants to acknowledge. At some point the Fed will have no choice but to pivot to rate cuts again in order to avoid a global financial meltdown.
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LoyceV
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Thick-Skinned Gang Leader and Golden Feather 2021
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September 04, 2022, 05:00:49 PM |
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2. Corporations will not be able to borrow at that rate and will go bankrupt. Thus mass layoffs will happen, which will cause even more of the govt tax base to fall due to mass unemployment. Should corporations that can't survive at 5% interest even exist? Those zombie companies also compete against healthy companies. Low interest rates were low for so long for a reason, an inconvenient truth that no one wants to acknowledge. Fiat money is on life support.
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ChartBuddy
Legendary
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Activity: 2324
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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September 04, 2022, 05:04:51 PM |
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Torque
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2. Corporations will not be able to borrow at that rate and will go bankrupt. Thus mass layoffs will happen, which will cause even more of the govt tax base to fall due to mass unemployment. Should corporations that can't survive at 5% interest even exist? Those zombie companies also compete against healthy companies. No they shouldn't. Not in a sustainable world economy. But literally every major corporation out there, even the "healthy" ones with significant cash reserves like Amazon and Apple, count on borrowing massive amounts of cash every year at absurdly low interest rates. The whole world runs on cheap debt now. Make that debt expensive for an extended period of time, and the entire world collapses. I would also postulate that most zombie companies around the world have been propped up by the system solely to give people jobs (so those employees can buy a house, buy cars, buy stuff and ultimately pay taxes). That's it. Otherwise those people would be on the streets permanently. They would not be able to find similar jobs elsewhere, because the companies remaining could not absorb the extra staff and overhead. It's a complete financial ponzi system.
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goldkingcoiner
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A Bitcoiner chooses. A slave obeys.
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September 04, 2022, 05:21:30 PM |
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Call me a bit naive, but I cannot for the life of me understand why money is not moving into bitcoin in a gigantic swirl....yet. It is obvious that inflation is high, eating everyone's purchasing power. Stonks are still at the top of the range vs P/E and interest rates. Real estate went up crazily during Covid and is posed to plunge. All factors point to it. Gold is not "working" really since 2011. So...how the populace think that they could keep their funds at least at par vs inflation?
Because people are stupid. So progress takes a long time.
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Toxic2040
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September 04, 2022, 05:30:02 PM |
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the Sunday morning wall report gm Light trading has bitcoin hovering just under $20k as the weekly close approaches. Market sentiment remains weak after hawkish remarks from chair Powell. F*ck him. These are the days when ones will shall be tested...do not succumb to the fear, uncertainty or doubt spread by the powers that be. dyor 4h D -edit- corrected double imagestronghands ---------- #haikuSundayLost, hope departed Yet we remain undaunted Day in and day out Standing the vanguard Fighting for freedom for all Yes, this is the way Do not despair, hodl For our time to shine brightly Inevitable
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Gachapin
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bitcoin retard
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September 04, 2022, 05:37:23 PM |
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Call me a bit naive, but I cannot for the life of me understand why money is not moving into bitcoin in a gigantic swirl....yet. It is obvious that inflation is high, eating everyone's purchasing power. Stonks are still at the top of the range vs P/E and interest rates. Real estate went up crazily during Covid and is posed to plunge. All factors point to it. Gold is not "working" really since 2011. So...how the populace think that they could keep their funds at least at par vs inflation?
In the USA it is easy to get I bonds at 9.62% Isn't it limited to 10k per year per person ? (maybe 15k)
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Gachapin
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bitcoin retard
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September 04, 2022, 05:37:55 PM |
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Call me a bit naive, but I cannot for the life of me understand why money is not moving into bitcoin in a gigantic swirl....yet. It is obvious that inflation is high, eating everyone's purchasing power. Stonks are still at the top of the range vs P/E and interest rates. Real estate went up crazily during Covid and is posed to plunge. All factors point to it. Gold is not "working" really since 2011. So...how the populace think that they could keep their funds at least at par vs inflation?
we are still early
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Gachapin
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bitcoin retard
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September 04, 2022, 05:47:32 PM |
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Fucking woke-cancer-tube is censoring the shit out of anything recently... how come they let all these scams run... do they wanna support the association crypto Bitcoin = scam or what?? That'd be shocking....
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ChartBuddy
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Activity: 2324
Merit: 1802
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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September 04, 2022, 06:01:21 PM |
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