The government will inflate us to death one way or the other pic.twitter.com/2OnWPIqaWo
— Sean Harris🏀 (@BigSeanHarris) April 25, 2024
When will we hard check the government?
The government will inflate us to death one way or the other pic.twitter.com/2OnWPIqaWo
— Sean Harris🏀 (@BigSeanHarris) April 25, 2024
Algorithmic Epiphany said:The government will inflate us to death one way or the other pic.twitter.com/2OnWPIqaWo
— Sean Harris🏀 (@BigSeanHarris) April 25, 2024
When will we hard check the government?
Old McDonald said:
in the long term, asset growth in generic market tracking funds beats inflation pretty reliably. mathematically, as long as your investment performance beats inflation you're coming out ahead even after CG taxes.
We've gone from "inflation really isn't a problem" to "well if poor/working class/middle class Americans would just become super savvy and astute investors, inflation wouldn't be such a problem".Old McDonald said:
in the long term, asset growth in generic market tracking funds beats inflation pretty reliably. mathematically, as long as your investment performance beats inflation you're coming out ahead even after CG taxes.
UNTIL THEY TAX ALL THOSE GAINS.Old McDonald said:
in the long term, asset growth in generic market tracking funds beats inflation pretty reliably. mathematically, as long as your investment performance beats inflation you're coming out ahead even after CG taxes.
Old McDonald said:
in the long term, asset growth in generic market tracking funds beats inflation pretty reliably. mathematically, as long as your investment performance beats inflation you're coming out ahead even after CG taxes.
Ags4DaWin said:Old McDonald said:
in the long term, asset growth in generic market tracking funds beats inflation pretty reliably. mathematically, as long as your investment performance beats inflation you're coming out ahead even after CG taxes.
You make 8% annually on investments typical market pegged.
Biden's new CG taxes are 44%.
Inflation is 3.
You are making 1% a year on ur investments under the new model. Is that ur version of ahead?
Ags4DaWin said:Algorithmic Epiphany said:The government will inflate us to death one way or the other pic.twitter.com/2OnWPIqaWo
— Sean Harris🏀 (@BigSeanHarris) April 25, 2024
When will we hard check the government?
Never happen again.
The problem with democracy is that 20% of people provide 80% of societal production
The next 30% provide the other 15%.
Which means that half of society is pretty useless. So democracy left to its own devices implodes because the nonproductive 50% of people will always end up trying to rob the most productive 20%.
The 30% who are middling productive will do nothing until the lower 50% come to rob them too.
This human tendency is precicely why the US was intended to be a balance between democracy, and federalism and give more weight to society's productive individuals as they bear the burden pf funding society and the government at large.
Only that went out the window when senators started being voted on directly.
The goal of the current globalist is to put more and more people in the bottom 50% of producers to install socialism.
That threshold has been crossed
Yup. If you can't "hold" it in your hand... you don't own it. It's not rocket science.Algorithmic Epiphany said:
Roth accounts, pfft
Now.
Self-custody bitcoin is the way. That why it's getting lambasted lately ad the only legitimate escape valve from failing USD.
JamesPShelley said:Yup. If you can't "hold" it in your hand... you don't own it. It's not rocket science.Algorithmic Epiphany said:
Roth accounts, pfft
Now.
Self-custody bitcoin is the way. That why it's getting lambasted lately ad the only legitimate escape valve from failing USD.
50 years from now... digital version of "Blazing Saddles" will have a running time of 26 minutes. My DVD...
Quote:
"Unapologetically and vigorously defending people's rights is the correct reaction."
Algorithmic Epiphany said:
You can hold bitcoin in your head by remembering 12 words. Physical tangible objects can be stolen after death where bitcoin cannot.
Quote:
Bitcoin isn't anonymous its pseudonymous…
Helicopter Ben said:Algorithmic Epiphany said:
You can hold bitcoin in your head by remembering 12 words. Physical tangible objects can be stolen after death where bitcoin cannot.
So you're admitting there's nothing real of value in regards to Bitcoin?Quote:
Bitcoin isn't anonymous its pseudonymous…
A distinction without a difference. My questions were about how you intend to use it? FDR passed the gold confiscation act when it became obvious they had already inflated the money supply too much. You didn't have to tell them you had it, but overnight you became a criminal. And back then it would've been much easier since there's no paper trail if you purchased gold in cash. Hell, our coins used to be silver so you could've just exchanged paper for silver.
Let's say the government banned or severely regulated crypto and decided to make the punishment for non compliance severe. And let's assume there's no way to seize it without your key. Would you really dare to withhold that from them when facing serious jail time? If Bitcoin really was the threat to fiat it's made out to be, then I believe this is or something similar is what we'd be looking at. And considering the lock-step uniformity of the global response to COVID, you can expect the rest of the world to follow in similar fashion.
Ags4DaWin said:Algorithmic Epiphany said:The government will inflate us to death one way or the other pic.twitter.com/2OnWPIqaWo
— Sean Harris🏀 (@BigSeanHarris) April 25, 2024
When will we hard check the government?
Never happen again.
The problem with democracy is that 20% of people provide 80% of societal production
The next 30% provide the other 15%.
Which means that half of society is pretty useless. So democracy left to its own devices implodes because the nonproductive 50% of people will always end up trying to rob the most productive 20%.
The 30% who are middling productive will do nothing until the lower 50% come to rob them too.
This human tendency is precicely why the US was intended to be a balance between democracy, and federalism and give more weight to society's productive individuals as they bear the burden pf funding society and the government at large.
Only that went out the window when senators started being voted on directly.
The goal of the current globalist is to put more and more people in the bottom 50% of producers to install socialism.
That threshold has been crossed
Ags4DaWin said:Old McDonald said:
in the long term, asset growth in generic market tracking funds beats inflation pretty reliably. mathematically, as long as your investment performance beats inflation you're coming out ahead even after CG taxes.
You make 8% annually on investments typical market pegged.
They are going to tax ur UNREALIZED gains before you sell ur stock at 20%. That 8% gain just became 7.
Biden's new CG taxes are 44%.
That 7% just became 3.5
Inflation is 3.
You are making 0.5% a year on ur investments under the new model. Is that ur version of ahead?
Definitely Not A Cop said:
What asset do you have that is exempt from government seizure under the hypothetical conditions you just described?
Old McDonald said:
in the long term, asset growth in generic market tracking funds beats inflation pretty reliably. mathematically, as long as your investment performance beats inflation you're coming out ahead even after CG taxes.
Here's a reminder that the Fed quietly did away with fractional reserve banking in Feb 2020.
— AJ Nobody ⚡🏴 (@orion_kos) April 28, 2024
It's now fictional reserve banking. pic.twitter.com/gDnEuUVlNz
the op tweet says capital gains taxes make it so you can never escape inflation, which is demonstrably wrong with just basic math.Ags4DaWin said:Old McDonald said:
in the long term, asset growth in generic market tracking funds beats inflation pretty reliably. mathematically, as long as your investment performance beats inflation you're coming out ahead even after CG taxes.
You make 8% annually on investments typical market pegged.
They are going to tax ur UNREALIZED gains before you sell ur stock at 20%. That 8% gain just became 7.
Biden's new CG taxes are 44%.
That 7% just became 3.5
Inflation is 3.
You are making 0.5% a year on ur investments under the new model. Is that ur version of ahead?
if buying shares of VOO in your IRA is your idea of "super savvy astute investing" well… maybe you should be worried about your financesEl Gallo Blanco said:We've gone from "inflation really isn't a problem" to "well if poor/working class/middle class Americans would just become super savvy and astute investors, inflation wouldn't be such a problem".Old McDonald said:
in the long term, asset growth in generic market tracking funds beats inflation pretty reliably. mathematically, as long as your investment performance beats inflation you're coming out ahead even after CG taxes.
Are you the infamous "Two-teas"?
Old McDonald said:
in the long term, asset growth in generic market tracking funds beats inflation pretty reliably. mathematically, as long as your investment performance beats inflation you're coming out ahead even after CG taxes.
El Gallo Blanco said:We've gone from "inflation really isn't a problem" to "well if poor/working class/middle class Americans would just become super savvy and astute investors, inflation wouldn't be such a problem".Old McDonald said:
in the long term, asset growth in generic market tracking funds beats inflation pretty reliably. mathematically, as long as your investment performance beats inflation you're coming out ahead even after CG taxes.
Are you the infamous "Two-teas"?