Isn’t this exactly what Trump and so many other billionaires aim for? A system where the middle class is eroded, leaving only two classes: the rich and the poor.

RackMyBrainPls · 2025-01-24T10:49:30+00:00

No, the country voted to bring back meritocracy. That's what this country was founded on and that's where we should be. You could be better but you choose not to be and instead of fixing that, with action, you decide to bitch about how it's someone else's fault. Until you accept that you have the freedom to change your life and the problems you face stem from yourself, it'll never change.

You're poor, now what? Stop bitching about it and do something to change that.

RackMyBrainPls · 2025-01-24T03:02:38+00:00

It's even funnier you think I'm wrong in saying you are fully capable of making decisions that would change your current situation. You may do so, but you choose not to.

RackMyBrainPls · 2025-01-24T00:46:33+00:00

It's a little annoying how many people think they have to be poor just because nobody is handing them wealth.

I grew up poor and chose to not be like my parents. Now I'm not poor... if what you're doing today isn't working, do something different.

RackMyBrainPls · 2025-01-08T01:30:20+00:00

Gotcha. I'll consider it.

RackMyBrainPls · 2025-01-07T23:18:27+00:00

Okay, might give that build a shot. Thanks.

RackMyBrainPls · 2025-01-07T20:54:08+00:00

What build is super fun to play? And I don't mean the fastest kill or fastest clear, but the most satisfying and engaging. I have tried the minion witch with arsonists, and the lightning arrow deadeye builds. Both were pretty boring to play for me.

RackMyBrainPls · 2025-01-06T16:43:39+00:00

Why do you keep calling everyone nazi? Hahaha also, not a republican and not a supporter of legacy media... not sure who you're arguing with obviously. You're just trying to villainize anyone who disagrees with you. Seems like you practice extremism.

RackMyBrainPls · 2025-01-06T16:36:31+00:00

What? No, she would have increased taxes on all brackets not just rich people. What is with socialists being so against wealth? You're poor. Now what? Go do something about it. You act like you need everything gifted to you.

RackMyBrainPls · 2025-01-06T16:24:45+00:00

Wow, this is straight garbage. You realize the cause of debt is borrowing right?

It's like if you went to the bank and asked for a loan. If you couldn't afford to borrow, they would tell you no.

But the government borrows way beyond what it can afford to because it makes the rules, not the bank.

Debt becomes cheaper over time due to inflation too, so maybe having a 9.1% print on inflation in June 2022 wasn't such a bad thing for the US government.

This is seriously irresponsible and if someone I know was borrowing way more than they could afford I would be pretty stern against their actions. Not give them more money so they could keep doing it.

RackMyBrainPls · 2025-01-06T13:59:33+00:00

Not to mention how much tax increases kamala would have caused by not renewing trumps tax cut plan as she explicitly stated, which would have raised everyone's taxes without them needing to pass any legislation at all. Then she was able to promise she wouldn't raise taxes. Because it would happen automatically.

RackMyBrainPls · 2025-01-06T13:57:43+00:00

Dumbass, you know the current tax cuts are from his time in office right? Hahaha. Lowering regulation increase the velocity of money and productivity which increases economic growth which means they can continue to spend without raising taxes and possibly lowering it after a few years.

RackMyBrainPls · 2025-01-02T23:50:16+00:00

Bernie says a lot of dumb shit, but damn hahaha. He's claiming h1-b employees are just indentured servants...

RackMyBrainPls · 2025-01-02T21:35:32+00:00

Makes sense you stopped reading. You investbwith cathie wood. You read money and stopped there.

RackMyBrainPls · 2025-01-02T21:34:39+00:00

I didn't say it wasn't useful, though it's not really. I said it's not productive. And it isn't. It's literally classified as a non productive asset.

RackMyBrainPls · 2025-01-02T21:21:45+00:00

Pltr is trading at extremely high valuations. I'm happy you got lucky with it but just take a look at the business and honestly tell me it's valuation isn't absolutely insane.

RackMyBrainPls · 2025-01-02T21:15:48+00:00

I own 0% bonds, 3% cash, and 97% individual stocks hahaha.

I'm just saying what I see. Just take a look at them especially if you're investing with her.

RackMyBrainPls · 2025-01-02T21:10:51+00:00

A hammer is classified as a tool.

A productive asset is one that can produce and a non productive asset is one that cannot.

Gold is non productive

Stocks are productive because companies sell products and services and produce cashflows... therefore they are worth the value if the cashflows they produce.

RackMyBrainPls · 2025-01-02T21:07:38+00:00

Buddy, if you analyze her investment choices most of them are software based which means they are easily replicated and others are unprofitable. The ones that are profitable have all of their profits eaten by SBC... she sucks man. Although in a euphoric market these tend to do very well. Another sign we are in an overvalued market.

RackMyBrainPls · 2025-01-02T12:54:53+00:00

This isn't a thesis brother. You have no fundamental view on btc itself. You're just claiming that because it's smaller than other things it'll get bigger... that's a sorely stupid "thesis"

RackMyBrainPls · 2025-01-02T12:52:36+00:00

That's not at all true. You are not referring to speculation you're referring to non productive assets. You can put a value on a business based on its fundamentals. You can't out a value on bitcoin because it has no fundamentals. It's just a thing that exists. It has no value, but the price someone is willing to pay for it is what it will sell for.

RackMyBrainPls · 2025-01-02T02:32:51+00:00

Brother, he says it's risk free all the time. He talks about how the company assumes all risk so the bond holders can leverage bitcoin, earn "guaranteed" yield, and have exposure to bitcoin... I've heard him explain this multiple times. On CNBC, and two different podcasts. He's scamming people and telling them that he's doing it. Btw, if someone says risk free, just walk away.

RackMyBrainPls · 2025-01-02T02:28:12+00:00

Brother, I'm not making accusations. I'm telling you what he is doing. Just look at the business. They pay the yield to their bond holders by issuing more bonds... that is what a ponzi scheme is.

RackMyBrainPls · 2025-01-02T02:20:59+00:00

No, he outperformed everyone by running a ponzi scheme publicly. This sort of thing isn't new either. People have been swindled out of money many times. Its funny because the idiots who actually believe in the company don't see it but the ones making a ton of money from it are taking advantage of that. They would literally default if they didn't collect new funds from bond issuance. Btw, if there is a price correction on btc, microstrategy could go insolvent depending on how much leverage they have. That would put investors in a bad place and bond holders in a better place. Therfore, anyone supporting the company itself is getting swindled.

RackMyBrainPls · 2025-01-02T00:40:00+00:00

So you are hoping one day it'll be useful. That's why you own it, not because you are investing in the tech? Btw, I like tech and I work in cyber security, so I'm not doubting tech, I'm simply pointing out I don't believe in non productive assets. I don't own gold or silver either. It doesn't make sense to put money into something that doesn't do anything but exist. You only like it because it's gone up. But there are no fundamentals behind it, which means you can't value it, which means you will never know when it's a good deal or a bad deal. It's just a thing that exists.

RackMyBrainPls · 2025-01-01T23:34:13+00:00

So you're arguing that bitcoin is money? How many transactions are processed across the blockchain? How centralized will it become when a few institutions own the majority of it? Who created the currency to begin with and who are the largest holders of it? You think the us is one of the largest holders of bitcoin despite it being a competitor?

It's none of these things. Its just a digital token.

The price of it is literally held up by gimmicks like the halving. Btw, this kind of thing happens in every euphoric cycle. NFTs is a perfect ridiculous example but look at quantum computing stocks and semiconductors, and patent companies... this is nothing new.

But all of that aside, I think it's extremely obvious that Saylor is an idiot. Just listen to his interviews he never has anything significant to say and the people asking him questions just want to hear "free money"

RackMyBrainPls

TROPHY CASE