/biz/ - Business & Finance

>>16132816
Jordan peterson is a great lecturer and teacher but his philosophy is intellectual masturbation.

Who knows his own philosophy for a remedy to suffering better than himself but his whole life he was antidepresents until he found an objective solution in a change of diet.

Interest is nihilistic or existential Philosophy should be viewed as symptoms of pathological psychology
People are more mentally fucked today than ever before because their wages and savings loose 7%pa as designed to redistribute their wealth to economic collective
Coping with philosophy is madness when a human life requires an objective amount of resource to exist in a worthwhile way. All societal degeneration is attributable to the poverty central dictates onto people

>>16002091
OH SAY CAN YOU SEE

>>15989350
there's no evidence increasing the monetary base reduces the value of the usd when it's not defined by anything, it's been in freefall since 71. It is already guaranteed to loose all value.

>>15989382
I use the most powerful military in all human history to force 80% of oil exporters into only accepting my shitcoin forcing you to keep some of your wealth in my shitcoin or risk energy shortages. I exchange these shitcoins for goods and services and then devalue my shitcoin redistributing your wealth to me.

>>15954070
no. the fact that an unelected private bank debases the currency at 7%pa so that you are too poor to stop working is the cause of the degeneration of the west

Then shills like yourself try to make people blame social collectives or ethnic collectives for their problems so that they will vote for more socialism

>>15954077
no they couldn't, they were printing money and issuing promissory notes.

>>15923073
the inflation figure a central bank reports is meaningless because cpi is meaningless. It changes every year and it measures consumer experience, not objective value. i.e it will measure cost of "consumer electronics" even though the price per byte of storage or hz of processing capacity per dollar is decimated every decade.

the dollar loses ~7%pa against gold. Gold is the best measure of value over time because its value changes the least.
Measuring value in tonnes of dog shit would be more accurate than usd because at least there is some kind of market forces controlling the supply and demand of dog shit whilst cpi is just a way of making the inflation number come out between 0 and 3 every year.

don't forget this means you lose 52% of value stored in fiat or contracts denominated (salary)in fiat every decade: 1-(1.0 - 0.07)^10 = 0.52

and the 7% is just the average since the establishment of the fed:
usd lost 45% in one year during the new deal 1933
usd lost 97% of its value from 1971 to 1980 after nixon stopped the gold standard
usd lost 85% from 2001 to 2011
usd has lost 99% of its value since 1932

>>15914035
maybe you need to quantify what has been stolen from people before thinking telling people they need to pull themselves up by their bootstraps is reasonable