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Bread up, Bro (sickburnbro@poa.st)'s status on Monday, 29-Jul-2024 23:14:59 JST Bread up, Bro
- DrRyanSkelton
@DrRyanSkelton this is the kind of historical stuff that VD is good for

In conversation about 4 months ago from poa.st permalink
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  Bread up, Bro (sickburnbro@poa.st)'s status on Monday, 29-Jul-2024 23:19:35 JST Bread up, Bro
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  - DrRyanSkelton
  @DrRyanSkelton "Another way to see that what is bought-and-sold in a mutuum does not exist is to observe that, under the terms of the contract, it is possible for the lender to fail to recover everything he is entitled to recover under the contract. The reason a full recourse lender is sometimes unable to recover what he is owed under the terms of the contract is because what he is owed under the terms of the contract does not exist…"
  
  I think this is interesting to talk about.
  
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  :windmill_of_friendship: Moose :confederateflag: :sonnenrad: (anonmoose90@poa.st)'s status on Monday, 29-Jul-2024 23:30:06 JST :windmill_of_friendship: Moose :confederateflag: :sonnenrad:
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  - DrRyanSkelton
  @sickburnbro @DrRyanSkelton This book explained a lot about usury and interest on a loan. Basically boils it down to "if there are only two pieces of silver in the world and I lend them to you with interest, it is physically impossible to pay that back because you're asking for more in return than was in existence before the loan was given" , or something like that.
  In conversation about 4 months ago permalink
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  Bread up, Bro (sickburnbro@poa.st)'s status on Monday, 29-Jul-2024 23:30:50 JST Bread up, Bro
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  - DrRyanSkelton
  - :windmill_of_friendship: Moose :confederateflag: :sonnenrad:
  @anonmoose90 @DrRyanSkelton similar to this is naked shorts: investopedia.com/terms/n/nakedshorting.asp
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  Bread up, Bro (sickburnbro@poa.st)'s status on Monday, 29-Jul-2024 23:31:19 JST Bread up, Bro
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  - DrRyanSkelton
  - :windmill_of_friendship: Moose :confederateflag: :sonnenrad:
  @anonmoose90 @DrRyanSkelton without that, you must have a share that someone is willing to part with.
  
  In conversation about 4 months ago permalink
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  Bread up, Bro (sickburnbro@poa.st)'s status on Monday, 29-Jul-2024 23:48:16 JST Bread up, Bro
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  @matty @DrRyanSkelton @anonmoose90 well you see uh, unless you are trying to short more stock than ACTUALLY exists, it CAN be made to work .. ( rationalization wheel spinning )
  
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  Matty (matty@nicecrew.digital)'s status on Monday, 29-Jul-2024 23:48:17 JST Matty
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  - :windmill_of_friendship: Moose :confederateflag: :sonnenrad:
  How do you sell something you don't have or don't know exists? This is so jewish lmao
  
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  Bread up, Bro (sickburnbro@poa.st)'s status on Monday, 29-Jul-2024 23:51:19 JST Bread up, Bro
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  @sapphire @matty @DrRyanSkelton @anonmoose90 but to the point of "how do you sell something that doesn't exist" - plants and animals are the classic example. "I'll pay you X for the first breeding of your superior horse"
  
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  sapphire (sapphire@shortstacksran.ch)'s status on Monday, 29-Jul-2024 23:51:20 JST sapphire
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  @matty @DrRyanSkelton @anonmoose90 @sickburnbro https://en.m.wikipedia.org/wiki/Tulip_mania
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    Tulip mania
    
    Tulip mania (Dutch: tulpenmanie) was a period during the Dutch Golden Age when contract prices for some bulbs of the recently introduced and fashionable tulip reached extraordinarily high levels. The major acceleration started in 1634 and then dramatically collapsed in February 1637. It is generally considered to have been the first recorded speculative bubble or asset bubble in history. In many ways, the tulip mania was more of a then-unknown socio-economic phenomenon than a significant economic crisis. It had no critical influence on the prosperity of the Dutch Republic, which was one of the world's leading economic and financial powers in the 17th century, with the highest per capita income in the world from about 1600 to about 1720. The term tulip mania is now often used metaphorically to refer to any large economic bubble when asset prices deviate from intrinsic values. Forward markets appeared in the Dutch Republic during the 17th century. Among the most notable was one centred on the tulip market. At the peak of tulip mania, in February 1637, some single tulip bulbs sold for more than 10 times the annual...
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  sapphire (sapphire@shortstacksran.ch)'s status on Tuesday, 30-Jul-2024 00:04:03 JST sapphire
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  @sickburnbro @DrRyanSkelton @matty @anonmoose90 ok Mr Hands
  
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  Bread up, Bro (sickburnbro@poa.st)'s status on Tuesday, 30-Jul-2024 00:04:03 JST Bread up, Bro
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  @sapphire @DrRyanSkelton @matty @anonmoose90 Mr 18 hands to you
  
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