Ikr? Seems like everyone is unable to spare much of anything. Everything costs more. Everything is inflated, except…. Wages. Oh yeah they’ve been suppressed for decades and it takes striking and decades more to move the needle again. So wtf do we do in the meantime? Live as best we can.
I have plenty of income left to spare but never admit that to my close friends or colleagues. It’s the norm now to talk about how expensive everything is to the point I’m afraid (outside of the anonymous internet) to talk about how I just bought myself a new luxury car.
Yes it helps that I’m childless but that’s the main reason we don’t want a kid.
What I’m trying to say is that a good amount of people are not struggling month to month, they just don’t talk about it much
In the meantime, you can spread public awareness about the issues with FIAT currencies around the globe.
I’m mostly talking about:
Deficit spending: Where your central bankers are allowed to lend out more then they have, but ask interest for it.
Fractional banking: Where your regional bankers are allowed to lend out X% of money that you deposit.
In laymans terms “printing money”.
Both lead to eventual but guaranteed hyper inflation due to increases in the money supply.
See for yourself by looking up the EUM3, GBM3 and USM2 charts, which visualize the total circulating money supply.
Economics 101:
Chart goes up?
More in circulation, each unit worth less, due to abundancy
Chart goes down?
Less in circulation, each unit worth more,
due to scarcity.
If you look up the charts,
you’ll see them generally rising over-time.
With a small periodic dip here/there,
but generally rising.
However, we need a system that has a frigging straight line…
Instead of centralized private entities (ECB, FED, BOE) pulling the strings as to where it goes.
My hope lies in crypto for this, which humanity is doing a good job of, of ruining it’s reputation.
But my faith in the OG crypto principles/projects remain.
Only 60%?
Ikr? Seems like everyone is unable to spare much of anything. Everything costs more. Everything is inflated, except…. Wages. Oh yeah they’ve been suppressed for decades and it takes striking and decades more to move the needle again. So wtf do we do in the meantime? Live as best we can.
I have plenty of income left to spare but never admit that to my close friends or colleagues. It’s the norm now to talk about how expensive everything is to the point I’m afraid (outside of the anonymous internet) to talk about how I just bought myself a new luxury car.
Yes it helps that I’m childless but that’s the main reason we don’t want a kid.
What I’m trying to say is that a good amount of people are not struggling month to month, they just don’t talk about it much
In the meantime, you can spread public awareness about the issues with FIAT currencies around the globe.
I’m mostly talking about:
In laymans terms “printing money”.
Both lead to eventual but guaranteed hyper inflation due to increases in the money supply.
See for yourself by looking up the EUM3, GBM3 and USM2 charts, which visualize the total circulating money supply.
Economics 101:
If you look up the charts, you’ll see them generally rising over-time. With a small periodic dip here/there, but generally rising.
However, we need a system that has a frigging straight line… Instead of centralized private entities (ECB, FED, BOE) pulling the strings as to where it goes.
My hope lies in crypto for this, which humanity is doing a good job of, of ruining it’s reputation. But my faith in the OG crypto principles/projects remain.
It is actually 62%. For some reason they rounded the real number down in OP’s link.