Arlind

Visionary. Entrapreneur. Thriving in Chaos, Mastering the game of Life. 🚀📈

[Arlind @Arlind969]

@BasilTheGreat Mate, STFU will ya? 😂😂

[Arlind @Arlind969]

@shaguncrypto Lol, So what’s your point?

[Arlind @Arlind969]

@JGreenCrypto £250k for a detached 3 bed + 3 baths, that’s a crazy good price! Yeah can barely get a 1bed flat for that money on the south east side where I live mate. I would buy that house without a single complaint personally.

[Arlind @Arlind969]

@saifedean @Rajatsoni @COLDCARDwallet Are Ledger nano X users with a standard 24 word seed phrase safe?

[Arlind @Arlind969]

@TRobinsonNewEra What drugs are you on mate? 😂

[Arlind @Arlind969]

You: Why do we need artificial inflation?

Banks: Fugayzi, fugazi. It’s a whazy. It’s a woozie.

You: Hold on a minute..

Banks: Your not an economist.

[Arlind @Arlind969]

@Vivek4real_ Fugayzi, fugazi. It’s a whazy. It’s a woozie. It’s fairy dust.

[Fiat Archive @fiatarchive]

Ignoring inflation is risky.

[Arlind @Arlind969]

The goal is not a nicer car. It’s never having to ask permission again.

[Arlind @Arlind969]

😂😂

[Declaration of Memes @LibertyCappy]

LOL

[Arlind @Arlind969]

@CallumLyon What you are talking about my friend is called inflation and the whole point of inflation is that someone has to lose for someone else to gain.

[Arlind @Arlind969]

For centuries, we kept improving money. We moved towards harder forms of money because they rewarded saving, lowered time preference, and gave people confidence that the value of their work would still be there in the future.

Then we threw it all away.

Instead of fixing problems, we’ve built a system that prints new money every time something goes wrong. More debt. More currency creation. More inflation. The solution is always to kick the can further down the road.

We’re told this is stability, but all it’s really doing is delaying the consequences while making them even bigger. You can’t print real wealth. You can only redistribute purchasing power and distort the signals that keep an economy functioning.

The longer we pretend money can be created without cost, the more painful the eventual correction becomes. We’re not solving the problem, we’re simply making sure it’s someone else’s problem to deal with later.

Have a good day.

[Arlind @Arlind969]

@ItsJamesHall T212 3.6% on cash ISA

[Arlind @Arlind969]

@FinXRob It’s a no brainier bro! Buying a house to live in is by far the best decision someone can make.

[Arlind @Arlind969]

@BritishHodl One question mate, are you still friends with the guy you got to sell its BTC and buy MSTY?
Thanks

[Arlind @Arlind969]

Why is the debate always about increasing taxes on someone? Why does no one say, the government is too big and there is too much waste therefore we need to cut back on some costs?
I mean let’s be objective here, can someone show me examples where taxing people more brought more money to the economy? People will just reallocate or work less. Try the opposite and people will work harder, earn more and eventually the government will make more since they collect tax on everything, money you earn and money you spent and through inflation they even tax money you save.

[Arlind @Arlind969]

Couldn’t have explained it better.

[Daniel Priestley @DanielPriestley]

One of the reasons I am so against wealth taxes is that they cross a line of giving government the power to seize property.

Wealth is something people build with after-tax money. They earn, pay tax and then take a risk and invest their savings. That is the mechanism for creating wealth whether it be starting a business or buying and improving assets.

Once you finally succeed, wealth taxes allow the government to simply reach into your life, put a value on what you own and take it. They are literally seizing your property. Property you own because of money you first earned and paid tax on.

This is different in an important way from income tax. Income tax happens as you earn and … importantly…. you can choose to stop earning at any point if you want to.

If a Government chose to tax income at 50% and you didn’t want to pay it, you could simply withhold your labour and choose not work.

Not the same with a wealth tax - once you own it, it’s not actually yours… at any point the government can simply adjust the rate of wealth tax and remove it from you.

Wealth tax is fundamental a breach in the principle of your right to own property.

It’s also a slippery slope. Every tax is brought in as “only for the rich” and pretty soon it’s on everyone.

There will be a situation whereby 51% of the population can simply vote to take everything away from the 49% who have more to take. Very reliably once there is a breach in the right to own property it descends into mob rule.

The wealthy aren’t silly, they know this is the case and respond by removing all investment and wealth out of any country that breaches the principle of ownership of property.

So @garyseconomics asks what I’m thinking? I’m thinking that a wealth tax is breach in the fundamental principle of the right to own property and a pathway to mob rule. If we are lucky it will do more harm to an economy than good. If it really takes off it will crash the economy.

[Arlind @Arlind969]

Get a house soon as you can mate, don’t listen to all these “invest the deposit because house is a liability”. Once the house is secured then you will have somewhere to live that you will one day own, you can focus on investing from then onwards not having to park your money for a deposit.

[Arlind @Arlind969]

Why is the debate always about increasing taxes on someone? Why does no one say, the government is too big and there is too much waste therefore we need to cut back on some costs?
I mean let’s be objective here, can someone show me examples where taxing people more brought more money to the economy? People will just reallocate or work less. Try the opposite and people will work harder, earn more and eventually the government will make more since they collect tax on everything, money you earn and money you spent and through inflation they even tax money you save.

[Arlind @Arlind969]

Fiat fixes this 😂

[Saifedean Ammous @saifedean]

Bitcoin is not the sweet treat you want; it's the bitter medicine you need.