rand0mguest2 on Nostr: I was telling Stackmore that turkey is basically foreshadowing what will happen in ...
I was telling
Stackmore (npub1gw3…m7mm) that turkey is basically foreshadowing what will happen in the US. The cost of living got a lot higher after all the money printing, but ppl are still out and living the good life. I was like idk how ppl can afford these prices (going out, hotels, beach vacations, nice restaurants), and stack goes yeah these are the upper percentile ppl that can afford to do so, the rest can’t. The social inequality will grow in the US with all this incoming money printing and it will turn into the haves and have nots, with less opportunity for social mobility. This is also what
jackmallers (npub1dmc…utjm) meant when he said the poor ppl are going to be the ones that pay for this deficit, since they don’t own assets that will protect them from the incoming monetary inflation. It’s inevitable. There is still time left tho to try to chill btc to our loved ones that don’t understand any of this and don’t see this coming.
Published at
2024-10-04 14:21:01Event JSON
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"content": "I was telling nostr:npub1gw3zhc5r5a7jfgl6yx8qv0nc9kset5ddkrka229c3tym5xltehlq58m7mm that turkey is basically foreshadowing what will happen in the US. The cost of living got a lot higher after all the money printing, but ppl are still out and living the good life. I was like idk how ppl can afford these prices (going out, hotels, beach vacations, nice restaurants), and stack goes yeah these are the upper percentile ppl that can afford to do so, the rest can’t. The social inequality will grow in the US with all this incoming money printing and it will turn into the haves and have nots, with less opportunity for social mobility. This is also what nostr:npub1dmcd5wqd3yku05svp6xqk5gyywek4cgg0w3dk63tcu0rmjxnanns5xutjm meant when he said the poor ppl are going to be the ones that pay for this deficit, since they don’t own assets that will protect them from the incoming monetary inflation. It’s inevitable. There is still time left tho to try to chill btc to our loved ones that don’t understand any of this and don’t see this coming.",
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