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   Nils (nils@poa.st)'s status on Thursday, 19-Sep-2024 05:24:10 JST Nils

   • Nils
   Cooked :sadcatmeow:
   
   Well, everyone's cooked now I guess because inflation just made it's comeback :sad_dog:
   
   RT: https://poa.st/objects/1383be88-412f-434d-9768-7776944206e8
   • Bread up, Bro likes this.
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     FED Enjoyer (red_hat@nicecrew.digital)'s status on Thursday, 19-Sep-2024 05:25:47 JST FED Enjoyer

     in reply to

     • Trevor Goodchild:verified::pondering_orb:
     • mothersmurfer
     The FED.
   • Embed this notice
     Bread up, Bro (sickburnbro@poa.st)'s status on Thursday, 19-Sep-2024 05:25:47 JST Bread up, Bro

     in reply to

     • Trevor Goodchild:verified::pondering_orb:
     • FED Enjoyer
     • mothersmurfer
     @Red_Hat @mothersmurfer @Nils @TrevorGoodchild it's coming from basically everywhere. Because when you have inflation, it doesn't all run through the system at the same time.
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     mothersmurfer (mothersmurfer@poa.st)'s status on Thursday, 19-Sep-2024 05:25:48 JST mothersmurfer

     in reply to

     • Trevor Goodchild:verified::pondering_orb:
     @TrevorGoodchild @Nils I don't understand where all this inflation is coming from.
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     Trevor Goodchild:verified::pondering_orb: (trevorgoodchild@poa.st)'s status on Thursday, 19-Sep-2024 05:25:49 JST Trevor Goodchild:verified::pondering_orb:

     in reply to
     @Nils LMFAOOOOOOOOOOOOOOOOOOOOOOOOOO
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     Lester izmore (bloggerski@poa.st)'s status on Thursday, 19-Sep-2024 05:27:03 JST Lester izmore

     in reply to

     • Trevor Goodchild:verified::pondering_orb:
     • JoshuaSlocum
     • BattleDwarfGimli
     @BattleDwarfGimli @JoshuaSlocum @Nils @TrevorGoodchild I was there about 19 years ago and had a good time driving through the keys looking at the remnants of flaglers orininal railroad bridges and eating lots of keylime pie. I allways thought conch sounded like some female infection
     Bread up, Bro likes this.
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     BattleDwarfGimli (battledwarfgimli@nicecrew.digital)'s status on Thursday, 19-Sep-2024 05:27:04 JST BattleDwarfGimli

     in reply to

     • Trevor Goodchild:verified::pondering_orb:
     • JoshuaSlocum
     ok ok ngl, did eat a lot of key lime pie. And oysters. And scallop. And conch.
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     JoshuaSlocum (joshuaslocum@poa.st)'s status on Thursday, 19-Sep-2024 05:27:05 JST JoshuaSlocum

     in reply to

     • Trevor Goodchild:verified::pondering_orb:
     • BattleDwarfGimli
     @BattleDwarfGimli @TrevorGoodchild @Nils but key lime pie
     yummy
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     BattleDwarfGimli (battledwarfgimli@nicecrew.digital)'s status on Thursday, 19-Sep-2024 05:27:06 JST BattleDwarfGimli

     in reply to

     • Trevor Goodchild:verified::pondering_orb:
     I'm so fucking stupid. I had a chance to buy gold several times when it was down around $260 in 1999, the summer I re-enlisted and got a $40K signing bonus. But no. I had to take my to-be-deceased-ex-wife on a really nice Florida Keys trip, with all the frills. I pissed away $72,000 in unrealized profit to show a black-marketing, cheating whore a good time.
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     Trevor Goodchild:verified::pondering_orb: (trevorgoodchild@poa.st)'s status on Thursday, 19-Sep-2024 05:27:07 JST Trevor Goodchild:verified::pondering_orb:

     in reply to

     • Trevor Goodchild:verified::pondering_orb:
     @Nils Ahahahahahahahahahahahahaha hit it harder you fucking faggots, MOAR :gigachadyes:
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     Clayton Barnett (machciv@poa.st)'s status on Thursday, 19-Sep-2024 05:28:35 JST Clayton Barnett

     in reply to

     • Trevor Goodchild:verified::pondering_orb:
     @TrevorGoodchild @Nils I sometimes wonder what the real price of physical gold is; not this paper or ones/zeros, but in-your-hand coins (unclipped). 20x? 100x?
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     Bread up, Bro (sickburnbro@poa.st)'s status on Thursday, 19-Sep-2024 05:28:35 JST Bread up, Bro

     in reply to

     • Trevor Goodchild:verified::pondering_orb:
     • Clayton Barnett
     @machciv @TrevorGoodchild @Nils the real price is what you pay for actual physical gold, right now.
     
     The question of how much would gold be if it was fully unbuttoned to be a currency hedge? That's something different.
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     Bread up, Bro (sickburnbro@poa.st)'s status on Thursday, 19-Sep-2024 06:11:45 JST Bread up, Bro

     in reply to

     • Trevor Goodchild:verified::pondering_orb:
     • FED Enjoyer
     • mothersmurfer
     @Red_Hat @Nils @TrevorGoodchild @mothersmurfer right, I think everyone here knows essentially how the fed works. But the tricky part is - when the government ( which we'll include the FED here ) prints money, *how* they release it matters, a lot.
     
     The point of the Fed is literally ensure there is always a small amount of inflation. But we didn't get a little, we got a shit ton.
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     FED Enjoyer (red_hat@nicecrew.digital)'s status on Thursday, 19-Sep-2024 06:11:46 JST FED Enjoyer

     in reply to

     • Trevor Goodchild:verified::pondering_orb:
     • Bread up, Bro
     • mothersmurfer
     The source is the FED, with fractional reserve banking, etc - a constant expansion of a debt-based currency is always going to lead to inflation.
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     Boina Roja Enthusiast Karl Dahl (karldahl@poa.st)'s status on Thursday, 19-Sep-2024 06:13:36 JST Boina Roja Enthusiast Karl Dahl

     in reply to

     • Trevor Goodchild:verified::pondering_orb:
     • Bread up, Bro
     • NoDoxGregBrady
     • Clayton Barnett
     @NoDoxGregBrady @sickburnbro @machciv @TrevorGoodchild @Nils This measure goes back to Rome
     Bread up, Bro likes this.
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     NoDoxGregBrady (nodoxgregbrady@poa.st)'s status on Thursday, 19-Sep-2024 06:13:37 JST NoDoxGregBrady

     in reply to

     • Trevor Goodchild:verified::pondering_orb:
     • Bread up, Bro
     • Clayton Barnett
     @sickburnbro @machciv @TrevorGoodchild @Nils Best last-three-hundred-years determiner I've ever heard was this:
     
     A nice, well-made man's suit costs the same as an ounce of gold.
     Bread up, Bro likes this.
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     nugger@poa.st's status on Thursday, 19-Sep-2024 07:13:40 JST nugger

     in reply to

     • nugger
     • Trevor Goodchild:verified::pondering_orb:
     • mothersmurfer
     @mothersmurfer @TrevorGoodchild @Nils AT SOME VERY BASIC LEVEL ECONOMIC ACTIVITY HAS AS ITS AIM THE CONVERSION OF ENERGY INTO MEANS THAT ARE MORE USABLE BY OTHERS IN SOCIETY
     
     
     A BAJILLION SLAVES GROW GRAIN THAT CONVERTS THE SOLAR ENERGY AND SUCH FROM THE ACREAGE OF FIELDS INTO GRAIN, A CONCENTRATED FORM OF ENERGY THAT CAN BE USED TO FEED VARIOUS POTTERS COBBLERS CARPENTERS AND SMITHS
     BUT DOESN'T INFORMATION TO COORDINATE THE CHAIN OF CONVERSION OF ENERGY ALSO BRING VALUE INTO THE ECONOMY?
     VERY COOL!
     
     LET'S HAVE PEOPLE TRADE MIXTAPES FOR HANDJOBS UNTIL THEY GENERATE ENOUGH VALUE TO BUY A HOUSE!
     HEY!
     NOBODY BUILD A HOUSE, PEOPLE!
     WE HAVE ENGINEERED THE FINANCIAL SYSTEM TO WHERE MAKING A MIXTAPE WILL GET YOU WAAAYYYY MORE HANDJOBS THAN BUILDING A HOUSE.
     EVERYONE CONCENTRATE ON THE MIXTAPES AND HANDJOBS AND WE CAN ALL BE RICH!
     EVERYONE WILL OWN A MANSION!
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     nugger@poa.st's status on Thursday, 19-Sep-2024 07:13:41 JST nugger

     in reply to

     • Trevor Goodchild:verified::pondering_orb:
     • mothersmurfer
     @mothersmurfer @TrevorGoodchild @Nils WELL
     WE'RE KINDA IN THE MIDDLE OF A GREAT SOCIAL EXPERIMENT OF HOW MUCH CAN FINANCIAL INSTRUMENTS COVER THE MATERIAL REALITY OF ACTUAL WEALTH IN SOCIETY
     
     HOW MUCH CAN THE PRODUCTIVE SEGMENT OF THE POPULATION BE MARGINALIZED DEMORALIZED AND IMPOVERISHED
     AND THE MATERIAL MEANS TO PRODUCTIONS LIKE FACTORIES DESTROYED SOLD OFF OR LEFT TO RUST
     WHILE THE PAPER ECONOMY STILL TICKS ALONG ON FINANCIAL BALL AND CUP GAMES OF FINANCE INVESTMENT AND REAL ESTATE
     
     WE'VE BEEN LIVING THROUGH THIS SINCE THE 80S, AND THE STAGFLATION COMING BACK IN FORCE MEANS PLAYING HIDE AND SEEK WITH THE REAL VALUE OF EVERYTHING IS NO LONGER WORKING
     BowserNoodle ☦️ repeated this.