Inflation is Theft

3.5K posts

Inflation is Theft

Inflation is Theft

@InflationsTheft

#bitcoin

Beigetreten Aralık 2022
208 Folgt360 Follower
Inflation is Theft
Inflation is Theft@InflationsTheft·
@OhRick4 No. The problem is money printing The solution is bitcoin Those rich people produce valuable things that people want The government prints money out of thin air and steals $trillions from average people via the invisible inflation tax See wtfhappenedin1971.com
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Rick Taylor
Rick Taylor@OhRick4·
People really need to wake up Elon Musk, Jeff Bezos, Mark Zuckerberg and all the rest who are hoarding massive wealth SHOULDN'T BE ALLOWED ITS CALLED TAXES When things were good the wealthy paid 70% and UP When they started cutting them in the 80s is when things went to shit
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Lee Roach
Lee Roach@leevalueroach·
I do not understand, in 2026, why anyone is shorting anything, and I have, over the last several years, watched a generation of intelligent, well-credentialed, technically sophisticated investors set fire to their capital on the short side of a market that has been telegraphing its direction with the subtlety of a marching band, and the only explanation I have ever been able to construct is that none of these people have read a single page of monetary history written before 1990. The setup is not subtle. The federal government is running a 7% structural deficit with no political coalition in either party willing to address it. The Treasury is issuing debt at a pace that will push publicly held debt-to-GDP past 130% within five years, which is the level at which, historically, every government in recorded history has either inflated its way out, defaulted, or both. The Fed is, regardless of what it says in public, the marginal buyer of that debt, and the only mechanism it has to fund the purchases is the creation of new dollars. The money is being printed. The debt is being monetized. The currency is being debased. And asset prices, which are denominated in the currency being debased, are doing the only thing they have ever done in any country that has ever tried this, which is going up. Every country that has run this experiment has produced the same chart. Weimar Germany in 1922 and 1923 produced one of the most violent equity bull markets in recorded history in nominal terms, as the mark collapsed and the Berlin exchange repriced upward by orders of magnitude. Argentina, across four separate inflationary cycles since 1975, produced in each cycle a nominal rally that outran every short thesis published, while the peso lost 99.9% of its purchasing power. Zimbabwe in 2007 and 2008 produced an equity market that rose so violently the exchange had to be closed because the calculations could not keep up. Turkey, right now, in front of the entire world, has produced a Borsa Istanbul up 1,400% in lira terms while the lira has lost 85% against the dollar, and every short of Turkish equities has been carried out in nominal terms even when they were right in real terms. The lesson is not that asset prices are going up because the businesses are getting better. The lesson is that asset prices are going up because the unit they are measured in is getting smaller, and any investor who positions short against this dynamic is betting against the will and capacity of a government to debase its own currency, which is the single most reliable bet you can lose in 4,000 years of recorded monetary history. The government always wins. The government always debases. The currency always loses purchasing power. The assets always reprice upward in nominal terms, on a path the shorts always insist is unsustainable and that always, somehow, sustains. You can short individual frauds. You cannot short the market. You cannot short the currency itself without being on the wrong side of the largest force in modern capital markets, which is the slow, politically inevitable destruction of the dollar’s purchasing power against everything that cannot be printed. The shorts have been wrong for five years. They will be wrong for the next five. The only investors who will, in real terms, preserve and grow their wealth are the ones who understood, early, that the game is not about being right on valuation, it is about being on the right side of monetary debasement, and the right side has always been owning real assets, productive businesses, scarce commodities, and the one monetary metal that has functioned as money continuously for 5,000 years, while the people on the other side continue to insist this time is different. This time has never been different. The math is the math. The shorts will continue to lose. The owners will continue to win.
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Meechelle
Meechelle@meechelleb22·
Why are people mad that Elon is rich? He earned his money, right? If I make $50/hr and my neighbor makes $10/hr.... do i owe my neighbor some of my wealth because I earn more than him? Someone explain this to me like I'm 5, because I don't get it. Envy i can understand. But hating Elon and expecting things from him because he has more money than everyone else? I don't get it.
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Nic
Nic@nicrypto·
I'm genuinely concerned about Strategy's position right now. Trading at 84% of its Bitcoin value, every option available to them makes things worse: - Issue stock → dilutes BTC per share - Issue more prefs → adds to a $10.7B cash obligation - Sell Bitcoin → panic the market & drive price lower - Suspend dividends → retail holders flee There is no clean exit.
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Inflation is Theft
Inflation is Theft@InflationsTheft·
@adjustleft @meechelleb22 Don't the workers have more money than they had prior to the voluntary, consensual employment agreement? Is it possible for *both* the workers & owner of the company to have more wealth after the creation of wealth takes place? Since we now have wealth that didn't exist before..
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Freedom Pidgeon
Freedom Pidgeon@adjustleft·
@InflationsTheft @meechelleb22 Yes. But the other billionaires are also exploiting the labor. Which brings us full circle to why billionaires need to be heavily taxed to pay for the things they should be paying their labor for. Glad we had this talk.
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Inflation is Theft
Inflation is Theft@InflationsTheft·
@adjustleft @meechelleb22 Is it possible for *both* Elon to have more *and* for the workers to have more after the employment arrangement produces wealth (electric cars) that did not exist before the consensual, voluntary employment arrangement?
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Inflation is Theft
Inflation is Theft@InflationsTheft·
@adjustleft @meechelleb22 After this "exploitation" took place, do Elon's workers have more money and company stock than before the consensual, voluntary employment arrangement? After this "exploitation" took place, does humanity have more electric cars available for voluntary purchase than before?
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Inflation is Theft
Inflation is Theft@InflationsTheft·
@liam_out_loud @pawelwargan "Evil is the force that believes it's knowledge is complete" Evil and dumb are the same thing with different labels. Occasionally we have a misanthrope that is directing masses of dumb people... but evil can just organically come from dumb
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Liam Out Loud
Liam Out Loud@liam_out_loud·
The regime and economic system you're praising for lifting people out of poverty killed ~40 million people. Not to mention, all of that economic success due to reforms which resulted in LESS socialism than before it. It's getting harder to tell whether you people are dumb or evil.
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Inflation is Theft
Inflation is Theft@InflationsTheft·
@adjustleft @meechelleb22 Can they choose to work for somebody else instead? Can they choose to start their own company if they come up with a good idea and choose to seek money from investors?
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Inflation is Theft
Inflation is Theft@InflationsTheft·
@Ben_Wray1989 The bottom half of Americans can't quit wasting their money on shit instead of saving it and buying stocks. Nobody is stopping them from buying stocks.
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Ben Wray
Ben Wray@Ben_Wray1989·
Lots of yanks in the comments aghast at this, convinced that stock value represents social value. The reality that the bottom half of Americans own 1% of the stock market, and the richest 1% of Americans own nearly 50% of the stock market, doesn't compute. x.com/Ben_Wray1989/s…
Ben Wray@Ben_Wray1989

This is one of the most dishonest arguments for capitalism. The truth is that, even in the US, the vast majority of people live off their wages, not stocks. The idea that Elon Musk becoming a trillionaire is a tide raising all boats couldn't be more wrong. x.com/mcuban/status/…

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Jeremy
Jeremy@jeremyct·
My landlord raised my rent $200 and called it a “market adjustment.” I asked what changed in the market. He said property values went up. I asked if my paycheck went up too. He said that’s not really his concern. It’s only the market when it benefits him.
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Inflation is Theft
Inflation is Theft@InflationsTheft·
@adjustleft @meechelleb22 Did Elon force anybody to work for him? Did his workers all get paid wages that they agreed to? Did many of his workers get rich as well?
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Freedom Pidgeon
Freedom Pidgeon@adjustleft·
@meechelleb22 If you exploited the labor and resources of your neighbor to earn that higher wage then absolutely
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Inflation is Theft
Inflation is Theft@InflationsTheft·
@esjesjesj Learn the difference between owning a company and “hoarding money” You retard
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Inflation is Theft
Inflation is Theft@InflationsTheft·
@Heccles94 Learn the difference between owning a company and “hoarding money” You retard
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Harry Eccles
Harry Eccles@Heccles94·
No, the left are not Jealous of Elon Musk, We don’t want to be trillionaires. We want a world where children aren’t starving to death whilst trillionaires hoard money.
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Eric Nelson
Eric Nelson@literaryeric·
The weirdest part of the trillionaire discourse is where his money came from. His wealth is all in his stocks, which means all his wealth comes from other rich people. It didn’t come from selling cars or rockets OR stealing from nurses and teachers.
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Inflation is Theft
Inflation is Theft@InflationsTheft·
@tkeela13 You’re the fucking loser for whining about it and wanting to steal wealth that was created. You didn’t do shit to make SpaceX or Tesla but you wanna steal some of the company value. Fucking piece of shit evil parasite.
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Tony
Tony@tkeela13·
Anybody defending a billionaire or above is an absolute fucking loser, no exceptions
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Inflation is Theft
Inflation is Theft@InflationsTheft·
@tkeela13 YES ELON MADE DRIVERLESS CARS AND ROCKETS HE CREATED $TRILLIONS OF VALUE THAT DIDN’T EXIST BEFORE AND PEOPLE FREELY CHOSE TO BUY HIS COMPANY STOCK AND SUCCESS IS BAD SO WE SHOULD FORCE HIM TO SELL HIS COMPANIES AND STEAL HIS MONEY!!! GOOD POINT KEEP UP THE GENIUS CONTENT BRO!!!!
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Inflation is Theft
Inflation is Theft@InflationsTheft·
@ClimateWarrior7 YES ELON MADE DRIVERLESS CARS AND ROCKETS HE CREATED $TRILLIONS OF VALUE THAT DIDN’T EXIST BEFORE AND PEOPLE FREELY CHOSE TO BUY HIS COMPANY STOCK AND SUCCESS IS BAD SO WE SHOULD FORCE HIM TO SELL HIS COMPANIES AND STEAL HIS MONEY!!! GOOD POINT KEEP UP THE GENIUS CONTENT BRO!!!!
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