ChemPlayer

Chemistry for home and amateur chemists, plus some useful tips and handy organic and inorganic reactions.

[ChemPlayer @ChemPlayer1]

@SwipeWright We'll go back to traditional Marxism and the rich/poor divide. There will be endless arguments from politicians and economists about who allowed it to get so bad and what the answer is.

[ChemPlayer @ChemPlayer1]

@elonmusk We lived in hope that more people would wake up to the financial system after 2008. Unfortunately they didn't, but maybe the aftermath of the covid largesse will do the job (with a little help from X of course).

[ChemPlayer @ChemPlayer1]

@castilleja__ Shock waves due to reflections off the cavity?

[ChemPlayer @ChemPlayer1]

@realDrBrendan Looks fake. If you have a loan then you will have already long-ago signed away any rights relating to the bank selling on mortgage-backed securities.

[ChemPlayer @ChemPlayer1]

@jjjjjjjjojohohn It's a good filter. When someone responds "respect" then your time is worth spending.

[ChemPlayer @ChemPlayer1]

@zherbert Blame the central banks.

[Rational Aussie @rationalaussie]

Money is a means by which we trade our stored energy for goods and services.

Inflation erodes the value of that stored energy, effectively stealing from the hard work you have done in the past.

That energy gets redistributed to someone close to the source of the money printer - a banker, a real estate agent, etc.

When the amount of energy stolen exceeds the willingness of the producer of that energy to continue producing, the currency starts to hyperinflate.

Because at that exact point, producers lose faith in the currency's ability to safeguard their work. So instead of continuing to work, they too try to get closer to the source of the money printer.

Over time, this results in less producers to meet the economy's demand for goods and services, causing prices to rise permanently.

This creates an inflationary spiral whereby producers continue to lose confidence, and continue to exit real industries to join the cabal of money printing thieves instead.

After all, why not - everyone else is doing it, and they are getting 'rich'.

This is where we stand in history today.

Everyone is now a gambler, not a producer of real goods and services the market demands.

They are gambling on their careers by not pursuing meaningful hard work, instead working for large bureaucracies that extract value rather than create it.

And they are gambling on memecoins, property and stocks - anything that might pump.

Because they have no choice.

They do not trust that the output of their productive work can be safely stored in fiat currency over time.

So they look to make a quick buck instead.

They increase their time preference, seeking to get rich before it all implodes, in effect hastening the process.

Thus begins the hyperinflationary spiral of fiat.

Eventually every single one of these people will buy Bitcoin.

Because they will realise it is the solution to the problem most of them can't even explain they have, but which they know in their heart to be true:

Their stored energy is being stolen from them, at an increasingly rapid pace.

You now have a front row seat to how economics and human psychology actually works.

Strap in, because it's going to be a hell of a ride.

[ChemPlayer @ChemPlayer1]

@Jacob_Rees_Mogg Well if it's good enough for the banks it's good en... oh, hang on.

[ChemPlayer @ChemPlayer1]

@Miss_Snuffy They do. They call it 'equity'. They believe it is bringing justice to the oppressed victims.

[ChemPlayer @ChemPlayer1]

@GeorgeGammon Increasing debt is just printing more money. You can do this as long as you want provided that a) you can manipulate markets, b) you can fool people with a suitable excuse for why their standard of living is dropping, and c) you can stop it going exponential...

[ChemPlayer @ChemPlayer1]

@DaveTaylorNews Addiction.

[ChemPlayer @ChemPlayer1]

@Benioff We won't... 'quantum' will overtake it and then we'll get to the peak.

[ChemPlayer @ChemPlayer1]

@adamtomforrest Because inflation is always best solved by pumping more money into the market /s

[ChemPlayer @ChemPlayer1]

@WallStreetSilv Updated Aerosmith lyrics for 2024 right there

[ChemPlayer @ChemPlayer1]

@visegrad24 When you influence everyone for political means using Marxist techniques... a side effect has to be that they are brainwashed into thinking about everything in the same way.

[ChemPlayer @ChemPlayer1]

@DonMiami3 Or they will be put against a wall and shot before anyone realises the longer term effect of what they did...

[ChemPlayer @ChemPlayer1]

@clownworld Competency

[ChemPlayer @ChemPlayer1]

@SwipeWright Don't debate with the mentally ill.

[ChemPlayer @ChemPlayer1]

@Miss_Snuffy Unfortunately for those who are pacifists, human nature presents situations where there is no choice but to fight. This is one, but heed Sun Tzu's lessons and be sure as much as possible to make it your fight on your terms, not theirs.

[ChemPlayer @ChemPlayer1]

@WallStreetSilv We're at the point in societies timeline where the pure unashamed psychopaths come out and promise anything at all...