If you have been invested in just the NASDAQ for the last three years, you have made 101%

The big lie is people go to school, get a job, and work the rest of your life. Perhaps your parents told you this, college taught you this, but this is not the way. Not anymore. Trading your time, which cannot be recovered, for money is a terrible deal, unless you truly love your job. Financial freedom comes from no debt and making your money make money, not you making money through labor. This includes stocks, owning a business, real estate investing, etc. Retiring at an old age is not something I dream about. I don't care about social security, because I won't need it. I would like to retire at 40 years old, then enjoy my life doing whatever the fuck I want to do, while continuing to make money through investments. No job, no boss, total freedom.

Nobody is retiring early un the great reset. The old shall serve the young.

You spund a lot like lady jane.

Our resources are not infinite, we must use what we have to find alternatives...

We have plenty of oil, calculate how much at today's price. How much is just the real estate worth, I looked it up 23 trillion.

It will take some time to compile a complete list, as we have to value crops, minerals, GDP is add in there, I mean it's a large undertaking...

So let me save some time, take this from a genius, America has quadrillions of dollars of assets...But we MUST increase output!! We are conserving when we should be producing!!

The paper and digital monetary system is working way under capacity...

If I tell my broker to only send me $100/ to live on and I'm starving to death...all the while i have plenty in the brokerage account...

Understand now?

I hope. I recommend you only invest 10% or less in crypto...

Labor unions are paying $50,000-100,000 to move stock in a warehouse...

People don't save because they overspend...

Thanks, she's purdy AND smart!

Take a look at DASH. Even if you don't invest in the long term, DASH is the most useful coin for traders because it has instant transactions. That means you can send from your wallet to the exchange instantly and start trading. No waiting. Other coins require an hour before you can use your funds. Only DASH has instant transactions and a proof of work blockchain, its really a unique coin.

This is why I talk about cryptocurrencies so much in general and DASH in particular. If you want to retire, get a DASH masternode. Right now its paying 11k per year just to run a computer server. A couple updates here and there and your initial 1000 DASH investment is making YOU money while you sleep/do other things. Its really a financial bonanza!

They don't save and overspend because FIAT IS SHIT and it's worthless. The value of a dollar bill is exactly ZERO. Its a mental game to pretend anything else. So if you have 10,000 dollars in the bank, how much is that worth? You sound like you should be good at money-wizardry math, so let's try it. 10,000 x 0 = ZERO!!

Cryptocurrencies are different, they are not just currencies they are ASSETS. Assets that you can trade freely on the market at market value. So your net worth rises and falls with your investments, just like truly wealthy people.

Not true shut up

translated into peasantry language

back then you could buy 15 loafs of bread for 1 dollar

calculate how much can you buy today

I can run a simple experiment to prove you wrong.

Go to the grocery store, or any store, and try to take something without giving the dollars. Credit or debit card is still dollars.

Now you can calculate the worth of the dollar. A gloon of milk is $2.00 so that is it's value in dollars. Get it.

Dollars have value, because they represent the credit we extend ourselves, based on our quadrillions in assets...

At least you're somewhat intelligent enough to slowly back away from the idiotic concept of 'infinite' resources, so that's progress at the sub-genius level anyway.

BTW, MMT (the current FED monetary policy theory that this ENTIRE 'market' bull run has been based on) isn't based on any tangible assets at all.

Are you familiar with the term 'Rehypothecation'?

Soon, you (and everyone one else still livng) will learn what happens when 'Infinite Debt to Infinity' tries to rehypothecate itself into infinity using MMT theory.

Probably a wise idea to educate yourself on the 'facts' now so you can properly pass them on to your progeny before they ask you how come you never saw the 'obvious' coming.



Last Edited by Vafþrúðnir on 01/01/2022 02:50 PM

How much is our military worth I wonder? If we could sell our entire fighting forces to another country, what would be the asking price?

I will get you to a quadrillion...

I can agree and disagree with that statement, but I'd have to know to whom you are addressing. Are you completely incompetent or just partially?

That doesn't prove anything, I can't believe that's your response.

Fiat currencies have NO VALUE. There is nothing backing fiat currencies. They're equivalent to monopoly money. So what, because people play monopoly that means monopoly money has value? You're showing yourself more uneducated than I thought. Wow.....

Fiat LITERALLY means "by decree", which means the value isn't based on our "quadrillions in assets" at all, but by the WORD OF A BUREAUCRAT! That's it. They can change that tomorrow, and often do (lookin' at you Fed). How did you ever make so much money when you don't even understand the basics??

nothing backs the dollar per se

the military, the Government and its people stand behind it

You are the one that said infinite anything, because you do not understand entropy...You are another idiot.

Rehypothecation, yes I addressed that, they can have New Jersey...Do you read what I write?

probably the stock market would be a lot more realistic and fairer if we'd have the gold standard

now it's inflated with the stock buy backs, cheap money from the banks and low interest rates

the crash will be epic

A five year old can understand.

Try taking monopoly money to the store to purchase items, you retarded mother fucker.

Fiat money is a government-issued currency that is not backed by a physical commodity, such as gold or silver, but rather by the government that issued it.

Like crypto

this thread is

complete bullshit!

Nobody's getting rich

off of playing the stock

market anymore than

people playing the crypto

crap shoot.

There're all a pyramid scheme,

where only a few insiders

get rich.

The credit we extend ourselves based on assets.

Please try to understand.

And yes! We all fucking know the paper itself is not worth Dick, we get that! But how can I buy shit if it has no value?

Last Edited by BRIEF on 01/01/2022 02:59 PM

Fiat money is a currency that is backed by nothing except the faith and credit of the government issuing it. Basically every usable currency around the world today is a fiat currency. The U.S. dollar has been fiat since 1971. Doing business with fiat money is just a fact of life.

You learned a new word and you just gotta use it...

Our money is based on credit that is backed by quadrillions in assets...

If you gamble in crypto you are probably right, I own no crypto, gold, or silver, outside my coin collection...

let me get you, you're saying that USA's money is based on this credit of 270 trillion dollars?!

The financial position of the United States includes assets of at least $269.6 trillion (1576% of GDP) and debts of $145.8 trillion (852% of GDP) to produce a net worth of at least $123.8 trillion (723% of GDP) as of Q1 2014.