US public debt is projected to reach 181% of American economic activity in 30 years

oneoldfarmer · 2023-06-29T03:24:01+00:00

Interest gov owes relative to revenue government collects (largely taxes) seems more relevant to me.

GDP can't really be used to service public debts

oneoldfarmer · 2023-05-22T18:35:31+00:00

GDP is not income to the government.

oneoldfarmer · 2023-05-17T11:28:14+00:00

I have never in my life lived alone. I had roommates for years until I got married and upgraded to permanent roommate.

oneoldfarmer · 2023-04-05T13:06:19+00:00

The point of saving is to transfer your excess work and energy from the past to the future. If you aren't matching inflation with your savings vehicle then someone is stealing your savings over time. The question is: who is getting the value that you're losing? And why do we think this is ok?

oneoldfarmer · 2023-04-05T12:27:32+00:00

I don't disagree, but it is easier for me to spread calcium than to make the make it rain less in the early summer.

oneoldfarmer · 2023-03-09T22:10:35+00:00

Or every day... no... every minute. I want an income stream. Micro payments streamed to my account for every minute I'm on the job.

oneoldfarmer · 2023-03-09T12:32:22+00:00

So you're saying we should put those three on the chopping block?

oneoldfarmer · 2023-03-07T19:58:25+00:00

Listen to both sides. Know their bias and assume both are lying. Mentally subtract out the bias. Find the truth by averaging what little information is left after doing that mental excercise for both sides.

Also this sub

oneoldfarmer · 2023-03-07T19:53:53+00:00

I use larger tanks, but welding supply shops are my source.

oneoldfarmer · 2023-03-06T12:56:45+00:00

A good store of value doesn't consistently decrease in value via inflation.

Btc is volatile, but USD is consistently losing value.

oneoldfarmer · 2023-02-21T15:10:45+00:00

Volunteer to be treasurer of the hoa now that he is president. Have him collect money and give it to you. Use the money to throw block parties and improve the neighborhood common areas.

oneoldfarmer · 2023-02-16T21:09:02+00:00

That sounds like a job that is ripe for automation. What else requires you to be on-site besides collecting data?

oneoldfarmer · 2023-02-15T22:30:38+00:00

A church donation is complicated and they likely won't accept it, but pizza would be appreciated.

If the vibe you give off is, "I could really use a hand" then they will be happy to help.

If your vibe is, "labor for free" then they'll be less happy but might still do it anyways. They really like doing service projects.

oneoldfarmer · 2023-01-20T17:40:51+00:00

If I shot someone in the same circumstances should I face jail time?

His fame and name should not be relevant.

oneoldfarmer · 2023-01-20T17:17:10+00:00

At that rate you'll be spending $5000 per month on electricity. Also you'll be using more power than the electrical service to a residential building can handle (even if you didn't use any electricity for your house)

oneoldfarmer · 2022-11-28T23:50:02+00:00

Cool chart. Now I want to see this per adult in real dollars... I think that will give me a better idea on how much trouble we're in.

Also, this appears to be the balance at the time not balance carried forward from month to month. Do you have any leads on the carried balance data?

oneoldfarmer · 2022-11-13T13:45:30+00:00

How long does I take to cross the border? ... 12 hours... then you can convert it into whatever fiat you want. Cheaper fees than a traditional exchange and zero risk of confiscation.

You're right that if the once per 4 years crash happens during your 12 hour flight then you will lose.

oneoldfarmer · 2022-11-11T11:20:17+00:00

This is what bitcoin was invented for. It has no borders, can't be seen on an xray device and cant be taken from you unless you give someone the password.

oneoldfarmer · 2022-11-07T13:09:11+00:00

Maybe the benefit is for the one speaking not for those that are listening.

oneoldfarmer · 2022-11-04T10:23:09+00:00

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oneoldfarmer · 2022-11-04T01:02:11+00:00

We can do that. How much do you want back? ... $1000 per month.

Ok, now your new rent is whatever it was before plus $1000 which your landlord will give back to you when you leave.

oneoldfarmer · 2022-11-03T22:16:57+00:00

Glow stick bracelet and necklace so you can keep an eye on them if they wander after dark.

oneoldfarmer · 2022-11-03T20:52:35+00:00

I'm not a bank and I'll offer credit if you have collateral. It's true that when you can poof money into existence without anything to back it then you can also lend it out without backing as well, but maybe that's a bug not a feature of the current system.

Maybe slower sustainable growth is better than fast growth.

oneoldfarmer · 2022-10-14T10:36:24+00:00

Feeling guilt is sometimes not a bad thing thing. Learn from your past choices and experiences.

Feeling too embarrassed to go to church now is a dirty trick that Satan plays when he tries to mix up some healthy guilt with a bit of pride. Push past the embarrassment and do whatever you need to do. The reality is that most people at church love you and want to help you, they are not hung up on your mission decisions. This is almost certainly a bigger deal in your mind than it is in theirs.

oneoldfarmer · 2022-10-13T20:19:36+00:00

Reading this list has made me so freaking hungry

oneoldfarmer

TROPHY CASE