5 ms·
This kind of offering is only a very small step above a straight up ponzi scheme. We are at the top of the bubble and no one knows what to do with their dollars
by deft 6y ago
This kind of offering is only a very small step above a straight up ponzi scheme. We are at the top of the bubble and no one knows what to do with their dollars that are rapidly losing value. Order your shitty fast food and get a discount on your shitty stock.
- Cola 6y agoWhat do you mean by “dollars that are rapidly losing value”?
- deleted 6y ago[deleted]
- danieldisu 6y agoThey are implying that we inflation is rising (even if the official numbers doesn't say so) because of the actions of the Fed
- ALittleLight 6y agoIs there an analogous situation in the UK?
- dfgdghdf 6y agoThe UK government must be more careful with inflation than the US government because the pound is not a serious reserve currency used across the world as the US dollar is. That said, the UK government has borrowed significantly to pay for coronavirus relief programs.
- atian 6y agoRemember that humans can actually reproduce rapidly to introduce workable productivity many times over in a lifetime if needed. We are in a bubble of luxuriance.