@jonatack I wouldn't it's depressing. Incentives really matter at the end of the day. We spend the best money we have when we feel it's most appreciated
The S&P 500 has returned an average of 12% per year since 1980 and has done so despite an average intra-year drawdown of 14%, and often drawdowns that are much worse.
The lesson? Volatility doesn’t equal a permanent financial loss unless you sell.
@Breedlove22 To accept that MMT explain what is going on better than Keynesian is not to agree with it, but to realize that fiat and the system around it is even uglier and much stronger than what we thought. Know better about the enemy to fight better
@BeanmealBrandon@PeterSchiff@AaronHayden01 He already had an interview that he will admit he is wrong only when everyone he meet is paying rent, buying things and accepting all payments in bitcoin