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Bread up, Bro (sickburnbro@poa.st)'s status on Tuesday, 21-May-2024 03:00:06 JST Bread up, Bro remember what the WSJ is, and let this sink in. -
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Trevor Goodchild:verified::pondering_orb: (trevorgoodchild@poa.st)'s status on Tuesday, 21-May-2024 03:07:56 JST Trevor Goodchild:verified::pondering_orb: @sickburnbro Couldn't be clearer how the finance jews want to play it. -
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Bread up, Bro (sickburnbro@poa.st)'s status on Tuesday, 21-May-2024 03:07:56 JST Bread up, Bro @TrevorGoodchild the part that seems dumb is that we're obviously going to get a hard landing if not a full depression, the capital misallocation is just too extreme for anything different.
It's just mindblowing that NOW, NOW they are deciding to find those statistics that could happen to match with all those poll results where people say the economy sucks.
I guess they figure they can install Trump and <step 2> , then they get to keep their masses of money -
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Bread up, Bro (sickburnbro@poa.st)'s status on Tuesday, 21-May-2024 03:15:49 JST Bread up, Bro @ChadleyDudebro @caekislove everyone can lie, it's just when you are utterly shameless you're going to score some hits. -
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ChadleyDudebro (chadleydudebro@nicecrew.digital)'s status on Tuesday, 21-May-2024 03:15:50 JST ChadleyDudebro jewish math is a pathway to many abilities some consider...unnatural. -
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Caek Islove ? ❤️ (caekislove@gleasonator.com)'s status on Tuesday, 21-May-2024 03:15:51 JST Caek Islove ? ❤️ @sickburnbro Wait a minute, how can the average net worth (adjusted for inflation) go down while the GDP (adjusted for inflation) goes up? Some Shylock is cooking the books!
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Bread up, Bro (sickburnbro@poa.st)'s status on Tuesday, 21-May-2024 03:16:20 JST Bread up, Bro @PraxisOfEvil worse, I'm calling him a communist. -
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???? (praxisofevil@poa.st)'s status on Tuesday, 21-May-2024 03:16:21 JST ???? @sickburnbro Will Stancil told me this wasn't happening, are you calling him a liar?
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sj_zero (sj_zero@social.fbxl.net)'s status on Tuesday, 21-May-2024 03:16:41 JST sj_zero It's really easy. Just have everyone sell everything and go into debt. Net worth drops, GDP goes to the moon.
GDP is the movement of money, not the wealth of anyone so you can have greater wealth with lower GDP if people end up accumulating weather and not spending it, or a higher GDP and lower wealth if people spend all their wealth (particularly on consumable garbage from china)Bread up, Bro likes this. -
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Bread up, Bro (sickburnbro@poa.st)'s status on Tuesday, 21-May-2024 03:17:52 JST Bread up, Bro @sj_zero @caekislove what's interesting to note here is that we are used to several metrics for economic health which are good when doing apples to apples comparisons, but when the economy deteriorates, they are no longer a useful comparison. -
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Dr. Sex, Ph.d, Esq. (doctorsex@nicecrew.digital)'s status on Tuesday, 21-May-2024 03:18:34 JST Dr. Sex, Ph.d, Esq. Only one of them is actively trying to be wrong or deceptive, the other just does it from sheer passive reflex Bread up, Bro likes this. -
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Bread up, Bro (sickburnbro@poa.st)'s status on Tuesday, 21-May-2024 03:22:48 JST Bread up, Bro @Twoinchdestroya @caekislove well, not even the companies have more money - they had to spend more on their materials.
Remember the hyperinflation party gets started when people start pricing in future inflation in their costs. We are at minimum to the point where people aren't seeing inflation as a one time aberration. -
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Twoinchdestroya (twoinchdestroya@poa.st)'s status on Tuesday, 21-May-2024 03:22:49 JST Twoinchdestroya @caekislove @sickburnbro makes sense, people spend more and are taking on more credit, so institutions have more money, but the people don't -
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brigrammer (brigrammer@poa.st)'s status on Tuesday, 21-May-2024 03:29:46 JST brigrammer @caekislove @sickburnbro yes, but those national numbers also aren't very useful - it is like when scientists look at global temperature and freak out as though such a crude macro measure means anything
good news for person A is bad news for person B, there is no good news for everyone statistic - even disasters have winners and losers
the question should always be "What does this mean - for me" which will vary based upon your situation -
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Bread up, Bro (sickburnbro@poa.st)'s status on Tuesday, 21-May-2024 03:29:46 JST Bread up, Bro @brigrammer @caekislove well, national numbers are often useful because it can be a flashing red alarm: "THIS ISNT WORKING" -
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Caek Islove ? ❤️ (caekislove@gleasonator.com)'s status on Tuesday, 21-May-2024 03:29:47 JST Caek Islove ? ❤️ @brigrammer @sickburnbro I wonder if any economist is out there calculating national net worth. 🤔
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brigrammer (brigrammer@poa.st)'s status on Tuesday, 21-May-2024 03:29:48 JST brigrammer @caekislove @sickburnbro gdp is how much money is spent in the system (including by the government - how much "stuff" is there), net worth is how much money people have ("stuff" per person)
the two numbers measure very different things, so the lines do not correlate
when gdp goes up or down, that doesn't correspond to anything people oriented so it doesn't mean people are worse or better off - it is a crude measure -
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Bread up, Bro (sickburnbro@poa.st)'s status on Tuesday, 21-May-2024 21:06:40 JST Bread up, Bro @DrBtc @caekislove that's why the important thing here isn't that they are showing an accurate number but are simply showing one which isn't entirely delusional. -
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Dr. Btc (drbtc@nicecrew.digital)'s status on Tuesday, 21-May-2024 21:06:41 JST Dr. Btc Keep in mind the adjusted numbers are bullshit since gov manipulates the data to make things look better.
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