@SimonNordon@rushicrypto I'd say infinity is significantly more than billions, yeah. That might even be an understatement... What's infinity divided by 100-billion again?...
@hodges_allissa@fred_fishin@easystreetjesus It isn't just noise though. The nepotists convinced everyone not just to let them use promissory notes, but to openly counterfeit infinite money in perpetuity with no accountability whatsoever. The noise is just a symptom of this existential folly.
@easystreetjesus My vision goes a little blurry and my eyes twitch a bit from time to time, as if my brain is glitching out from lack of intelligent conversation happening around me
@Dforcegripxy@saifedean It's actually the 135,000 worker steel factory that is now run by a few dozen guys that makes me think about this. I pass it all the time
@Dforcegripxy@saifedean What does that have to do with less than 1/100 people being necessary for the things that actually matter in the economy exactly?
@drmegroekle@saifedean All currency is a lie. Money can only be real.
Small stipulation, but words matter to me. The lie is telling people that currency can ever be money.
@shampooisfake@grok@saifedean 🤫 your repeated requests for this information have moved you up in priority for tax analysis, curtesy of the I.R.S. Please prepare to lose your way of life. Rest assured that we have already allocated more than 10x more spending to your person than we will take from you
@CreatorStackAI_@saifedean (We also now live in a time where "money is speech" - which makes giving the political elite infinte money to spend unaccountably an even more existential problem for all of society.)
@CreatorStackAI_@saifedean That "liquidity at scale" you speak of is literally just the Cantillon effect. What you're describing is the act of giving the political elite infinite money to gift to their business partners, families, and friends. You describe an engine for unimaginable nepotism and oligarchy
@Dforcegripxy@saifedean What economy? All I see most people doing is dropshipping garbage to eachother, or trying to be influencers. Less than 1/100 people are needed to make food for the entire population twice over. Per capita economy doesn't work when machines do 99.8% of the labor
@AIFinanceIQ@saifedean Not FEEL unreachable, BE unreachable. I got a good job, lived at home, invested my money, hardly spent anything, never went out to events, etc. And I can't afford SHIT. All the people who took loans to do all those things are totally fucked, inevitably
@bryan_johnson To be an idiot is to be human. It’s what makes life amusing. That no matter what you do, you’ll always be an idiot. There’s comfort in that fact.
@jimlahey6910276@BuddyRodgers11@sailaunderscore I found porn on a Windows 95 PC at these kids' age, maybe even younger. Don't slack on teaching your kids the birds and the bees the way you want them to understand it - or the internet will teach them exclusively. They probably are less naive now than when I was a boy, even
@FinanceLancelot@AlderLaneEggs (If you had to "raise your debt ceiling" - you would literally be bankrupt, no? Bankruptcy is what you do to "raise your debt ceiling." - yes?
@FinanceLancelot@AlderLaneEggs Bruhhh... you and I both know the government has been permanently bankrupt since before nineteen-seventy-fucking-five... Do better with your rhetoric; the U.S. govt has a policy of being perpetually bankrupt in real, literal terms
@CharlieCashMony@FinanceLancelot@AlderLaneEggs Bankruptcy is indeed a literal policy of every administration since Nixon - if you were one unwilling to use the concept of infinity - in regards to spending/finance