/biz/ - Business & Finance

>>23119854
blah blah blah root of all evil blah blah blah kikes love it blah blah blah it enslaves us all blah blah blah

>>23119885
yes but does money?

>>23119901
Does money what?

>>23119854
how else are you going to convince the cattle to cook your burgers?

>>23119904
does it?

>>23119912

>>23119951
thats good news

whats the real life application of rare metals???? Rarity is not inherently valuable!!!!!!!! What do I do with all the gold after the apocalypse FUCK

>>23120217
past performance does not predict future performance:

Ala: "we don't know, anything could happen."

>>23120246
ok but can you answer the question?

>>23119854
You buy money(gold/silver) with currency like USD.

It's pretty good, dude. If you get it, you can buy shit, which is pretty based.

>>23119854
your reward for being a wage cuck

>>23119854
>redpill me on money
you'll need to search the archive >>/biz/ pajeets and zoomers dont know shit

>>23119854
accumulate fuck you money. Several years average wages then live off the funds from rent, dividends, staking whatever easy income stream is profitcable

Money was made so exchanges between goods would be easier you skip the steps where you trade your cow for pots, pots for bag of potatoes and then potatoes for mirror. With money you can skip all the exchange process and go straight to mirror while idea is good and nobel there are always actors who will fuck the shit up for everyone, now money represents your social score so to say. Like in China the better is your score the better goy/stronger you are. All in all fuck money desu desu

Bait by wolves and sharks to slowly slaughter sheep and cattle.

Read Debt the first 5000 years.
It questions the notion that barter started first.

>>23119854
Money is Gold/Silver etc. Fiat is USD, Euro, Pound etc.
Money is stable, Fiat suffers from the side effects of printing and losing value over time due to inflation.

>>23119854
"money" is really just a measure of debt, each piece is a "iou" meaning somebody owes you something. Before banknotes, before gold, people were just registering debts and cancelling them out, using tally sticks for example. The concept of debt is older than money (hammurabi code).
So thats what money is, if you have some it means society as a whole owes you something.
The real question is, what is debt? Well national debt is counted as the sum of all money in circulation in the economy. This means we should NOT strive to reduce national debt, that would just reduce the amount of money in everyone's pockets. Debt IS money, and money is good (mmt). What you keep in your pockets every day is a representation of a small fraction of national debt.

>>23121434
>>>/biz/
there has never been any evidence of a barter society. Yes barter sometimes takes place-- but it is usually between societies, or in societies which know how to use money, but dont have any of it (POWs cigarettes).

The story that economists tell that says
"a market economy was so inconvenient without money..... so we invented it"

Is essentially saying, "imagine the world worked exactly as it does, except we didn't have money. That would be decidedly inconvenient.

The truth is, that credit systems existed long before barter. If i have potatoes and you have shoes, but you dont want potatoes, I have to barter my potatoes for something so I can trade it for your shoes...... OR if we've lived in the same village all of our lives, if I have potatoes and you want a few, I'll probably let you have them and you can "owe me one".

Only a sperglord autist would believe that ridiculous story that you cant possibly share your potatoes without inventing money first.

>>23119854
If it ain't gold or silver, it ain't real money.

>>23119885
Money doesn’t do this, currency does

>>23121907
Yeah sorry we didn't live together our whole life's in the same village so I'm not trusting you so you better go trade your potatoes for something I want if you want the shoes goy

>>23119854
You use it as a stepping stone to make real your ideals. It's a battle of wills in this world and the strongest will is the one that becomes real.

>>23119854
LOKI is money

Money is illusory. All that exists is power and control

>>23122110
>>23122110
Fuck that. I've done so much shit for the rest of the village, that the tribal elders just take your shoes and give them to me, bitch. Then they'll register an IOU for owing you some shoes, but in the meantime, I wear your shoes bitch.

Credit : Its what society is built on.

>>23122275
Sorry but sucking elders dick doesn't mean much to the village also jokes on you I'm just traveler passing by so I guess you can suck your elders dick thinking about these shoes you will never get cya at another village loser

Money is a unit of portable power.
First you get the money.
And then you get the power.
And then you get the women.
And Chichi, don't forget the yeyo.

We haven't used money since 1971
We use (((fiat currency)))
Only Gold & Silver are money
Cripple FDR made gold illegal for Americans to own in 1933 until based Eagle Scout Gerald Ford made it legal after Nixon
LBJ debased our currency from silver coinage to chuck e cheese tokens
Fiat currency is a debt based ponzi scheme that is destined to collapse under its own weight which is why a digital debt based system is needed to implement negative interest rates, i.e. your currency has a timer on it and will destroy itself if you do not spend your FedBux in a specified amount of time
speaking of Fed, the Federal Reserve (which implements monetary policy for all 330,000,000 Americans) is a privately owned (((Central Bank))) that seeks to debase the purchasing power of the US Federal Reserve Note
But it isn't "Federal" because it's privately owned. So, therefore, it is fraudulent as it is issuing currency with no real deposits on hand
SO, the FRAUDULENT RESERVE, with Meme Man Jerome Powell, is hard at work to rack up as much debt as possible to destroy the house of cards and issue a new global world monetary regime

Oh yeah and us fat fucking Americans put TVs on payment plans because what the fuck are we supposed to do? Well, we could render a 1:1 scale in Minecraft and burn the fucker down.

>>23122682
Yeah okay. REAL GENUINE COUNTERFEITS!!!
Only gold and silver are money ya fucking yid

>>23119854
Here's the greatest redpill you'll ever receive in your life:
>Gold(sun/light) is money, everything else is credit. Sun energy is the credit (it's light energy emited by the sun). Money printing mimics Embryonic Development cycles, mathematically.
>Crypto is an analogy to the solar system as well (bitcoin is the sun, ethereum is the ether realm, link is saturn (dissolution-generation), kleros is Jupiter (justice) etc).
Find the other planets/components and you'll make it.

>>23119854
It's a social construct.

Avoid types of money that let other parties meme and scheme while you have to play by the rules they just made up.

>>23120217
If we had enough of it, it could be used for electrical lines and other electronics besides copper (it being superior in conductivity). Silver itself is used in numerous modern technologies like solar panels or medical applications.

Really their full potential from their atomic properties are just being unlocked with modern science.