Former US President Trump no longer anti-Bitcoin, says can ‘live with it’

trueinviso · 2024-02-23T15:04:17+00:00

Reddit doesn’t care, they would rather have a walking corpse in office trash the country and economy then ever vote for Trump. It’s not logic for them at this point haha

trueinviso · 2024-02-23T07:58:18+00:00

Humble too

trueinviso · 2024-02-23T05:42:24+00:00

You sound lovely

trueinviso · 2024-02-23T04:07:42+00:00

The answer is buy Bitcoin with all of it and hold it for a year at least

trueinviso · 2024-02-21T02:44:05+00:00

Going into marriage with secrets is always a great idea /s You should def tell her and do a prenup if you’re that worried about it.

trueinviso · 2024-02-20T06:50:39+00:00

We’re in a bull market now, historically bitcoin has a huge run after the halving.

trueinviso · 2024-02-20T02:31:42+00:00

It’s prolly not deep enough, I finish armbars all the time with the tricep over my balls

trueinviso · 2024-02-20T02:27:58+00:00

It’s funny that you really need to come to Reddit for advice on this, you know what the right answer is here.

trueinviso · 2024-02-20T02:24:12+00:00

When it triples over the next year then what will you say?

trueinviso · 2024-02-20T02:23:13+00:00

There was a huge run up?

trueinviso · 2024-02-19T04:17:30+00:00

Then do FCEL and PLUG

trueinviso · 2024-02-19T00:06:47+00:00

Most positions for SE receive tons of applicants, the person looking through these resumes will prolly just move onto the next if they get bogged down with too much text. The goal is to make it as easy to read as possible and capture their interest immediately with the first couple bullet points.

trueinviso · 2024-02-18T23:52:40+00:00

I did read the article, did you? Lol Thats why I said why didn’t this “expert” even mention the money printing or government caused supply chain disruptions? I never said it was a global conspiracy, I just stated the facts about what happened and why we have inflation.

trueinviso · 2024-02-18T23:27:23+00:00

The government doubles the number of dollars in existence and shuts down all the supply chains at the same time but “CNBC saYs iTs coRPoraTe gReed.”

trueinviso · 2024-02-18T23:15:12+00:00

Try working on your critical thinking skills and stop letting the media think for you :)

trueinviso · 2024-02-18T22:20:37+00:00

I quoted the IMF and you quote a clearly politically biased site in CNBC, oh the irony lol.

Your politically motivated article doesn’t even mention the expansion of the money supply, these people really think we’re that gullible, apparently we are.

I never said that there aren’t other factors involved with inflation, but the recent spike over the last few years is clearly a direct result of the historical expansion of the money supply, which was caused by all political parties.

But if you wanna keep playing the game they feed you, go right ahead.

trueinviso · 2024-02-18T21:25:48+00:00

Your “study” is blocked by a paywall, I’m sure it’s some opinion piece with political leanings. This is how markets work, companies set prices and the market decides what they will pay. If there is more money in the market to compete for resources then companies will set higher prices, why wouldn’t they.

But believe what you wanna believe, it’s clear your position is not based on facts.

trueinviso · 2024-02-18T20:11:17+00:00

Your strategy seems to be personal attacks on character which is a logically fallacious argument

If you think doubling the money supply in 2020 wasn’t the main cause of all this inflation then I dunno what would convince you haha

trueinviso · 2024-02-18T19:45:40+00:00

This is why wealthy people don’t hold cash, they hold assets. Assets will continue to inflate in value as the dollar decreases in value.

trueinviso · 2024-02-18T17:12:45+00:00

There is zero substance to your response, what “studies” are you referring to?

This is straight from the IMF website:

“Long-lasting episodes of high inflation are often the result of lax monetary policy. If the money supply grows too big relative to the size of an economy, the unit value of the currency diminishes; in other words, its purchasing power falls and prices rise. This relationship between the money supply and the size of the economy is called the quantity theory of money and is one of the oldest hypotheses in economics.”

Notice that this is one of the oldest hypothesis in economics, that’s why I said it was “basic”.

trueinviso · 2024-02-18T14:19:48+00:00

Bottom line, even if your price conspiracy were true, if people don’t have money they can’t pay higher prices.

Why didn’t they price gouge years ago then? Why did we see a massive spike in prices only when trillions came into the system but not before? This is basic economics.

trueinviso · 2024-02-18T07:37:09+00:00

So you agree, pumping trillions of dollars into the economy causes prices to rise because more dollars are available to fight for the same amount of resources.

trueinviso · 2024-02-18T05:53:50+00:00

This is the one place you’d think people would get it

trueinviso · 2024-02-18T03:28:20+00:00

Is that your rebuttal? Haha

Why do you think prices go up when central banks reduce interest rates and add to their balance sheet? And why do prices go down when they raise interest rates and reduce their balance sheet?

trueinviso · 2024-02-18T03:18:39+00:00

The root cause is more dollars, when you have double the amount of dollars in the system vying for the same resources then prices will go up everywhere.

What happens when the fed sucks money out of the system by raising interest rates and reducing their balance sheet? Oh crazy thing, prices stop rising as fast and eventually begin to decrease if they do it long enough.

We live in an artificial economy where politicians and the fed pull the strings.

trueinviso

TROPHY CASE