XeqT Monetary Freedom (∞/21M) + (₿+⚡) = 🧡 on Nostr: Go short your local currency and go long scarce and desirable assets. That's how you ...
Go short your local currency and go long scarce and desirable assets.
That's how you build wealth, in a debt-based monetary system.
You don't have to like the system to benefit from it.
If you don't make the system work for you, others will and they'll get ahead, while you get left behind.
That's how the rich get richer, while poor get poorer.
Monetary debasement being guaranteed means that scarce and desirable assets will continue to grow in price.
Unless the yield you earn on the money you lend is higher than the rate of monetary debasement, a.k.a. the hurdle rate, you are losing purchasing power.
Government creditors are some of the biggest suckers at the card table and will get absolutely rekt, over the next few decades.
If you have money in a pension account, there's a very high chance that a good chunk of it is "invested" in government debt, a.k.a. certificates of purchasing power confiscation.
Do with that what you will, but you probably don't want to be the patsy at the table.
That's how you build wealth, in a debt-based monetary system.
You don't have to like the system to benefit from it.
If you don't make the system work for you, others will and they'll get ahead, while you get left behind.
That's how the rich get richer, while poor get poorer.
Monetary debasement being guaranteed means that scarce and desirable assets will continue to grow in price.
Unless the yield you earn on the money you lend is higher than the rate of monetary debasement, a.k.a. the hurdle rate, you are losing purchasing power.
Government creditors are some of the biggest suckers at the card table and will get absolutely rekt, over the next few decades.
If you have money in a pension account, there's a very high chance that a good chunk of it is "invested" in government debt, a.k.a. certificates of purchasing power confiscation.
Do with that what you will, but you probably don't want to be the patsy at the table.