loudWaterEnjoyer

joined 2 years ago
[–] loudWaterEnjoyer 1 points 1 year ago (58 children)

He probably nod his head a little to much

https://piped.video/watch?v=1RVRCd6J2NA

[–] loudWaterEnjoyer 48 points 1 year ago

We just say bourgeois

[–] loudWaterEnjoyer -1 points 1 year ago (15 children)

Then compromise the machine yourself without stealing personal data from unrelated people.

[–] loudWaterEnjoyer -2 points 1 year ago (17 children)

What a disaster. Post IP and system information on 4chan. He will switch after being compromised.

[–] loudWaterEnjoyer 1 points 1 year ago

It's not about making profit with your loan, it's about not liquidating your hard assets which are not hit by inflation.

[–] loudWaterEnjoyer 2 points 1 year ago

Can you give some info that's still there?

[–] loudWaterEnjoyer 2 points 1 year ago

Well congrats today is your day. You came up with an answer.

[–] loudWaterEnjoyer 2 points 1 year ago (2 children)

Interesting, what does it leave?

[–] loudWaterEnjoyer 2 points 1 year ago (6 children)

No, you can take out huge loans over a year with putting stocks as collateral so its a low risk deal for the bank and have fixed interest rates if you pay back in the same year. If you are really rich you have access to "tools" which make participating in the financial market systematically easier.

[–] loudWaterEnjoyer 8 points 1 year ago* (last edited 1 year ago) (17 children)

Really rich people are not affected as much by inflation as they take out loans to pay for their day-to-day life which is then paid back in the currency that is inflating, while it's paid with the interest they earn with company shares. Those shares are not directly hit by inflation like the loan is.

This lifestyle/procedure makes it easier to maintain your wealth compared to a regular person.

See in your example you say company value rose by 4% and inflation by 8% so they loose money, but that also means the company performed worse than before. Think of it like gold, when I have 1 ounce of gold and the dollar value sinks due to inflation, the value of my gold did not change, it's still one ounce of gold and if the gold price is not sinking for some reason, the cost/buying price of gold will most likely rise 8%, because the currency is worth 8% less but the value of gold staid the same.

[–] loudWaterEnjoyer 2 points 1 year ago (2 children)
[–] loudWaterEnjoyer 2 points 1 year ago (4 children)
view more: ‹ prev next ›