Marks on Nostr: Most financial advisors gained their experience in the last 20-30 years. These are ...
Most financial advisors gained their experience in the last 20-30 years. These are times of a dollar without gold backing and a fed that actively keeps the stock market afloat. Probably don’t take gold seriously.
In addition, to seriously acknowledge gold or bitcoin would be an admission that the system isn’t functioning correctly.
For them the system is performing perfectly. It goes up every year on average and they’ve made lots of money. They’re less affected by the negative externalities of the system like difficulty to own a home or rising grocery prices.
(I suspect financial advisors reading this on Nostr are not part of the generalization I just made.)
In addition, to seriously acknowledge gold or bitcoin would be an admission that the system isn’t functioning correctly.
For them the system is performing perfectly. It goes up every year on average and they’ve made lots of money. They’re less affected by the negative externalities of the system like difficulty to own a home or rising grocery prices.
(I suspect financial advisors reading this on Nostr are not part of the generalization I just made.)