Subj : Re: new world order?
To   : dingo
From : k9zw
Date : Wed Feb 19 2025 14:37:39

On 16 Feb 2025, dingo said the following...
 
 di> Causing financial ruin and disruption to everyone and everything as a
 di> whole, even if it causes everybody to equally become less wealthy, by
 di> devaluing the dollar to 10% of its previous purchasing power, for
 di> example, creates more poverty, thereby making the rich more powerful.

Wake up - this stuff has been going on for a very long time.

Currency debasement destablized the Roman Empire.... and you can play with residual value calculators (they call them inflation calculators) on the interweb to figure out what a unit of currency in years x is worth now.

This big drop didn't happen in the last 30 days dude, rather have been the game all along.

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Hedging for currency unit value loss is a lot of why certain commodities and most property are high sought after.  

I would argue that the knowledge and learning each of us has is decoupled from inflationary pressures, though it may go stale in other ways.

Interesting times!  

--- Steve K9ZW via SPOT BBS 

--- Mystic BBS v1.12 A49 2024/05/29 (Raspberry Pi/32)
 * Origin: SPOT BBS / k9zw (700:100/69)

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