Notices by Big Richard (big_richard@shitposter.club)
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@Griffith
The death of 4chan was inevitable as the complete inability to attach any post to your ego allowed people to explore topics that brought us all to where we are today. And that can't be allowed.
It had to go eventually. It's just unfortunate that there's no suitable replacement.
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@monsterislandcolonizer @Shadowman311
These types don't ever tell the whole story. Even reading between the lines is difficult because of the sheer volume of relevant information they withhold.
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@kaia
And I realize the name sounds stupid but that's just for shock value. Men are the target audience so the presentation is crude but the information is very useful.
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@kaia
There's a tiktok/YouTube channel called hoe_math which has gotten very popular recently.
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@kaia
You'd be amazed how much good dating advice there is for women in the dating advice for men grift scene.
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@lain @meowski @laurel @lnxw37b2
You don't have the $100 now. You have the $50 now, and you (or the person you're investing in) figures that can be turned into $100 in a month. Otherwise, it wouldn't be worth trying. This is counterbalanced by the element of risk, and the passage of time between now and then.
If you decide to hoard your $50 now because you don't think you can turn it into $100 later, and you don't trust that anyone else can either, you might be right. If the market dips, then your money actually became worth more than everyone else's because you didn't risk it on a venture at a time when ventures failed. The deflationary environment thus preserved and even enhanced the value of your $50.
But what's much more common is that others invested and profited while you held on to your cash for fear of that deflationary event. In that case, everyone else turned their money into more money, while you remained still. So you fell behind relative to everyone else as a result.
Don't worry too much about it, because opportunity cost is a buzzkill, and whatever decision you make, bearish or bullish, you'll always be wrong and lose money. That's the magic of capitalism.
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@lain @meowski @lnxw37b2
That's because money now can be used to do something that nets you more money later. Fifty bucks of investment into your own lemonade stand could result in you ending up with your money back plus profit by the end of the week, or month. A combination of time and labor, plus that seed capital, leads to that profit. Because of that, you'd rather have fifty dollars today than fifty dollars at the end of the month, because of what you could turn it into in the intervening time.
To put it another even simpler way, if I wanted to borrow fifty bucks from you, you wouldn't be able to do anything with that fifty bucks for as long as I was borrowing it. If I promised to give you back fifty bucks at the end of the month, there would be nothing in it for you, your financial options would be restricted to the tune of that fifty dollars that are no longer available to you for the month. Not to mention the risk that I might just be a loser who loses your money and can't pay you back at the end of things. So the value of lending me fifty bucks at no interest is negative to you.
That's why I can make it worth your while by offering to pay you back seventy dollars at the end of the month, and to have someone enforce that I pay back the full amount. Now in exchange for not having access to your money and taking on some risk that I'll default, you get to make twenty bucks off of me in a month. Now you have a reason to try it. There's something in it for you. And for me, whatever plan I had in mind that I needed fifty bucks to fully realize, I'm prepared to offer you seventy bucks because I think I'll make more than the difference there.
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@lain @meowski @lnxw37b2
Not by itself. The world is complex and there are a ton of factors that go into everything that happens, let alone any economic exchange. That complexity of variables makes it difficult even for the most asian of quants to predict. But that doesn't mean the basics don't exist, it just means there's a lot more to it than that.
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@lain @meowski @lnxw37b2
The reason for that is because money now is worth more than money later. If that weren't the case, interest wouldn't have a reason to exist, but we would also be living in a timeless existence.
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@lain @meowski @lnxw37b2
Sounds like a faulty definition to me. Labor and value are so interchangeable that we've had nerds predicting a future where currency is based on watt-hours because of how simple it is to measure work by that sort of standard.
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@lain @meowski @lnxw37b2
That's fine, but why does labor not qualify as a form of capital? If anything, it's the absolute foundation on which to base the value of capital.
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@lain @meowski @lnxw37b2
Why should labor be exempt from a definition of capital? It can be traded for capital like any other resource.
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Any questions
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@haint
A worthy foe
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@grey @Hoss @idiot
average cyclist
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@grey @Hoss @idiot
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@Griffith
You need to add more anime girls to your posts
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@Griffith @ChristiJunior
I hate the new internet I want the old internet back
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jungle fever
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Hey gang, remember the USS Liberty? Well, you shouldn't. It was forever ago, it's time to get over it.
Anyway, the Holocaust. Now give us a carrier. Make that two carriers. Look at this completely real dead baby.
So with that in mind, you're a bad person if you don't help us genocide the Philistines. Stop living in the past.
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Big Richard
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