@ryanjaycowan@DronusAdelaide@TeslaAUNZ@Tesla_AI It took me into the wrong lane into head on traffic heading up to Mt Hotham and the same near Olinda. Still amazing, but hopefully v14 changes that.
@0xRysk@KatieMiller In 1990, it took 3 years of the average salary to buy an average priced house in aus, in 2000 it took 4 years, it now takes 8 years. Not really a surprise that many can't afford to have babies.
Increase their salaries by 2%
Then increase the monetary supply by 8%
Now call โsavingsโ their bank accounts that give them 1%
Then call the โrisk free rateโ 4% tied to T Bills to trick them into thinking inflation and cost of living is only 2% accelerating only as fast as their salary
Then have riskier debt instruments (IG - junk - private credit) pay 5-8% to make them think theyโre outpacing monetary debasement
Then call bitcoin a scam so they will be distracted and stay on the never-ending hamster wheel
@daltonbrewer Had a similiar convo with my wife. "It's not that your BYD is shit, it's actually an awesome car compared to your Kluger, but it's shit compared to my Tesla".
@_checkonchain@_Checkmatey_ Only hurts if you check your portfolio frequently. 80% long term bag = don't touch. 20% trading.
People just need to pick a few high conviction disruptive assets, assume they'll return at least 20% cagr and hold. Not try to be too smart, cos we're not.
@JayKayPol@ryanjaycowan Haven't been in a seal, but I find it hard to believe it could much more luxurious. It's pretty luxurious being driven around by your car. I'm sure the Seal is a great car though.