💥BREAKING:
🇺🇸WARREN BUFFETT: “THE NATURAL COURSE OF GOVERNMENT IS TO MAKE THE CURRENCY WORTH LESS OVER TIME.”
THE VALUE OF $1 IS DECREASING EVERY DAY, AND THERE ARE MORE DOLLARS BEING CREATED EVERY DAY. BECAUSE OF THIS, ASSETS LIKE BITCOIN WILL KEEP GOING UP.
BULLISH 🚀
You can’t get a $1 million mortgage if you make $100K/year.
You can’t get a $75K car loan if you make $35K/year.
The fact that you can get $250K in student loans for a college degree where you’re expected to earn $40K/year is unacceptable and a complete failure of US society.
We have 18 year old kids making financial decisions that all but guarantee a lifetime of economic insecurity.
These kids do not have the capacity to understand the implications of the debt they are taking on.
The corrupt university system has successfully convinced them going to college is the “smart thing to do” and that it will all work out.
These colleges should have to take the financial hit when they load up 18 years olds with hundreds of thousands of dollars in debt that basic math would tell you will never be repaid.
The federal government backstopping all these student loans does nothing but enable colleges to jack up their prices every year with zero accountability.
Shameful.
@dogzrcoolnstuff@Jaredkotter@A_LastingLegacy In my experience the quality has been just as good. My old hvac guy joined a big company and the cost went up 3x. It was the same guy doing the work.
@Jaredkotter@A_LastingLegacy I don’t begrudge anyone for running their business how they need to. But for someone with some rentals and a lot of consistent maintenance, the single guy out there with little overhead has been a much better hire for me. I can’t afford to pay for all the wrapped vans.
I’ve said it before and I’ll say it again… some of the best moments and soundbites from my guests happen in the last 5-10 min of my shows.
Here’s an inspirational message from @LynAldenContact 🧡
More & more convinced that American kids need to take a "Basics of Western Civilization" course, where they learn:
- What life was like before the Enlightenment / Industrial Revolution kicked off the massive improvement in living standards we are all still experiencing
- What's wrong with living under kings / dictators / theocrats & why limited, representative gov't is such a precious gift
- About the 30 Years War and why toleration of religious and ethnic differences is so important
- About the importance of property rights, free exchange, and relatively uncorrupt contract enforcement to our collective prosperity
And so on.
Like, instead of starting with all that the West gets wrong, we should start them with all that it gets right.
This is a sincere and respectful question for the Bitcoin community.
I don’t fully understand the asset class, but I genuinely root for it.
If it goes up, I’m happy for you. And if it crashes, it hurts all of us, so I’m not rooting against it.
That said, I have a real question:
Bitcoin seems to go completely against the investment principles of some of the greatest minds in investing - people like Charlie Munger and Howard Marks, who are almost universally respected and have earned their reputations over decades.
A bet on bitcoin is a bet against basically everything they believe in.
Again, this is not a judgmental post - I’m genuinely curious and open to hearing your thoughts on why "this time is different" 🙏
Keeps trucking along, doing its debasement thing... if 89% of all BTC's price action is explained by Global Liquidity then by definition almost all "news" and "narrative" is noise. Enjoy your weekend...
@ConnorG164 @DividendDude_X Real estate is a decent investment that’s sold as a great one. Most of the money is made on the transaction by someone other than the investor.