bill flattener

@MusicalChairs14 @JosephMooneyMP I think you’re the greater fool that doesn’t see it’s not a price issue, it’s a purchasing power issue. Caused by none other than your trusted government 🙄 Rentier capitalism is laughable when NZ is closer to a state run country than anything else… the government creep was huge

@JosephMooneyMP Good grief, join the dots. As rentier capitalism (fuelled by rapid private debt expansion) drove inequality, the Govt had to spend and tax more and more to redistribute money to people so that they could pay the rent and buy food.

Would be interesting to undertake a similar analysis in New Zealand.

@nzpoliticsgroup Youre a clown. Thats not a Rolex at all

ALERT: Chris Luxon Wears Rolex Cosmograph Daytona Valued at Approximately NZD $29,000🚨🚨🚨 Prime Minister Chris Luxon was photographed today wearing a Rolex Cosmograph Daytona at the National Party Regional Conference. Analysis confirms the watch is a stainless steel Rolex Cosmograph Daytona chronograph (reference 126500LN with black dial and Oyster bracelet). The current official retail price for this model is USD $16,900 (approximately NZD $29,000 at prevailing exchange rates). On the secondary market, similar examples typically command significantly higher prices. While there is nothing inherently inappropriate about a public figure owning or wearing a luxury timepiece, the choice may be perceived by some as insensitive amid New Zealand’s ongoing cost-of-living challenges.

Sir Bob Jones, one of New Zealand’s most colourful and successful business figures, has died at his home in Wellington. He was aged 85. ebx.sh/NNQSva

@MusicalChairs14 Can you please adjust “wealth” for inflation, and true inflation, not some garbage CPI measurement?

Our households own more *financial* net wealth than almost any other oecd country. Yet the ghouls tell us that we need to build ever bigger funds to 'pay for' retirement, and that we're simply too poor to build decent infrastructure, have clean water etc.

@MusicalChairs14 @TaxpayersUnion Hence why I asked for a chart on govt debt servicing cost change vs real gdp change…

@MusicalChairs14 @TaxpayersUnion Debt to GDP is flawed as it assumes all govt debt is treated equally, it doesn’t take into account the term to maturity or the interest rate paid across the profile… nominal GDP measurement is also flawed imo

Nothing grows faster than government spending – except the bill you get for it.

@MusicalChairs14 @TaxpayersUnion How are dividends received calculated?

@billflattener @TaxpayersUnion I have the nominal to hand...

@MusicalChairs14 @TaxpayersUnion I didn’t say private debt wasn’t inflationary, I think we can both agree that both are… how about a chart on government servicing costs vs real gdp?

@billflattener @TaxpayersUnion cos, ugh, gubmint spending is always and everywhere inflationary?!?

@MusicalChairs14 @TaxpayersUnion And yes the private sector gets poorer in REAL TERMS

@MusicalChairs14 @TaxpayersUnion Do you understand money?… those bills or dollars you refer to are worth less and less the more you’re preferred fiscal response occurs… do your homework

@Cryptopathic What’s your collectr @

After 7 years of only buying TCGs I am starting to sell some. I don't think we are necessarily near "the top", but the liquidity being injected by gacha sites is unprecedented and is creating a good price to rebalance into other assets. I think this is also simultaneously creating the single biggest use case/market ever for NFTs. Something to consider

@collectdotrip Isn’t this just technology and increased liquidity expanding the Total Addressable Market of an asset class while also reducing friction, leading to an increase in marginal demand relative to supply? The gacha machines are just new fancy bells and whistles…

We are positive this is the main driver of the ENTIRE TCG boom right now. Here's exactly how it happened: - Gacha companies start buying up slabs (mostly gems to start) - Slab prices start to move up across the board ("charizard pumped 3x, Blastoise and Venusaur need to catch up") - Demand snowball occurs and gacha companies need to start buying up more obscure and illiquid cards to fill machines (lower grades and randoms pump 10x) - Raw cards that can be graded and sold for 10x what they could 6 months ago are considered undervalued (everyone starts buying up raw to grade and raw market pumps 10x) - Sealed that has these cards is now undervalued (everyone starts buying up sealed to rip and sealed market pumps 10x) - Everything is pumping. Everyone is getting rich. Buyers buying just to resell in a week for 2x. - No longer about collecting at all. Its buy because its going up and can be sold for more very quickly - New articles about price drive a massive wave of demand. New product cheap and fun for new entrants. Demand up, supply stable, prices for brand new product shoot through the roof - While this is all going on market participants look for greener pastures. One Piece, Dragonball, Yugioh, Magic, and Lorcana all experience this same boom

@MusicalChairs14 @TaxpayersUnion Cmon, your appetite for more debt as a growth solution for NZs economic woes is insatiable…

@billflattener @TaxpayersUnion Weird that you repeatedly reply to my posts as if you know what I am thinking.

The idea that the Government can "stimulate" prosperity ignores a basic truth: you can’t spend money into existence that hasn’t been created first.

@MusicalChairs14 @TaxpayersUnion Unfortunately the two are not mutually exclusive, I feel bad that I have burst your “economic growth”dreams… apologies

@billflattener @TaxpayersUnion Was the post talking about money or value?

@MusicalChairs14 @TaxpayersUnion You confuse value and money you fool

@TaxpayersUnion Who creates the money you total fool?

@MusicalChairs14 @PronouncedHare He’s right though, you have little to no idea about financial markets and economics

@PronouncedHare A feud? Your flattering yourself.

@ClintVSmith Your government caused the need for higher interest rates and reduced the potential output of the energy sector!!! 🙄🤡

@chooserich Ummm. The trade is market neutral so has no effect on price if they have to sell futures when they are unwinding their ETF exposure… Cmon, tell both sides

BITCOIN ETFS SECRETLY CRASHED CRYPTO MARKET

@jestriding @MusicalChairs14 @matt_horncastle HFSP

@billflattener @MusicalChairs14 @matt_horncastle Thanks... nothing like getting advice from the economically illiterate.

Jacinda Ardern created $92,000,000,000 of debt for New Zealand that is going to be difficult for us to recover from. She stole from everyone alive and everyone that is not born yet.