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The next generations will be far healthier than previous generations if they want to be. If they practice just a little bit of discipline. That is wealth. That

The next generations will be far healthier than previous generations if they want to be. If they practice just a little bit of discipline. That is wealth. That guarantees wealth over time if basic mathematical principles pertaining to living on less than you make and investing into compounding streams are adhered to over time.

deleted 4y ago
[deleted]
CrackerNews 4y ago
What is better than having health is a wealth that is ownership of capital. Capital exchange goes through the conversion of money into commodity into money of altered value. This can help provide the means of attaining great health. Another way to look at it is home ownership becoming more of a pipe dream for newer generations. More investment will be needed in order to participate and reap from the housing market. This is over a basic human need of shelter.
- ThorsBane 4y ago
  Health comes first. Without health, you cannot work to produce that wealth. Very few people inherit meaningful amounts of wealth. The next generations will have capabilities for boosting their health that nobody else has had before. Home ownership is an easy problem to solve. We need to build more property and develop and redevelop existing properties. We need more investors, more builders, more construction, more new shopping malls, more infrastructure spending, larger infrastructure products. We can print fiat to fuel this because it's tied to real economic gains and the increased movement of all commodities. It is not a choice between treating real estate as investment vs a basic human need of shelter. When you properly allow supply to meet demand by getting out of the way of construction and investment and business to build the products (the houses), the supply will rise to meet the demand. Some places have artificial blockers on the ability of supply to rise to meet demand. Most of the United States does not have this problem because of how giant a landmass it is and how much open space there is to continually develop, redevelop, and reforst over the coming thousand years.
JohnFen 4y ago
> If they practice just a little bit of discipline. Discipline is essential, yes, but equally as essential is just plain getting lucky.
- ThorsBane 4y ago
  Incorrect. The majority of human beings choose stagnation and comfort over discipline and future-thinking even when they could do more with what they already have. This will become much more apparent and visible with ChatGPT fueling everyone and boosting those who are diligent, disciplined, focused, and in love with their craft(s). There won't be any more of these excuses around luck for long.
  - JohnFen 4y ago
    Hard work and future-thinking has never been sufficient for success. Critical, yes, but not sufficient. Success also requires a good dose of luck. I don't see how the likes of ChatGPT can possibly change that reality. But I suppose that we will see!
    - ThorsBane 4y ago
      If you don't see how ChatGPT is already changing that, your vision is not good. Do you want me to write more to drive the point home? If you cannot see the results ChatGPT will bring to the human species, then you are not able to see clearly at all, let alone to render judgment on the nature of the United States and how hard work and future-thinking play into success and how luck does and what luck is. Luck is just when preparation meets (endlessly abounding) opportunities. America is the Land of Opportunity. You can come at me with the luck talk when opportunities dwindle and when the majority of the species is not stagnating by not making the most of what it already has.
      - JohnFen 4y ago
        What a shame. We were having an interesting exchange, but then you decided to start engaging in personal insults.

deleted 4y ago

[deleted]

CrackerNews 4y ago

What is better than having health is a wealth that is ownership of capital. Capital exchange goes through the conversion of money into commodity into money of altered value. This can help provide the means of attaining great health. Another way to look at it is home ownership becoming more of a pipe dream for newer generations. More investment will be needed in order to participate and reap from the housing market. This is over a basic human need of shelter.

ThorsBane 4y ago
Health comes first. Without health, you cannot work to produce that wealth. Very few people inherit meaningful amounts of wealth. The next generations will have capabilities for boosting their health that nobody else has had before. Home ownership is an easy problem to solve. We need to build more property and develop and redevelop existing properties. We need more investors, more builders, more construction, more new shopping malls, more infrastructure spending, larger infrastructure products. We can print fiat to fuel this because it's tied to real economic gains and the increased movement of all commodities. It is not a choice between treating real estate as investment vs a basic human need of shelter. When you properly allow supply to meet demand by getting out of the way of construction and investment and business to build the products (the houses), the supply will rise to meet the demand. Some places have artificial blockers on the ability of supply to rise to meet demand. Most of the United States does not have this problem because of how giant a landmass it is and how much open space there is to continually develop, redevelop, and reforst over the coming thousand years.

JohnFen 4y ago

> If they practice just a little bit of discipline. Discipline is essential, yes, but equally as essential is just plain getting lucky.

ThorsBane 4y ago
Incorrect. The majority of human beings choose stagnation and comfort over discipline and future-thinking even when they could do more with what they already have. This will become much more apparent and visible with ChatGPT fueling everyone and boosting those who are diligent, disciplined, focused, and in love with their craft(s). There won't be any more of these excuses around luck for long.
- JohnFen 4y ago
  Hard work and future-thinking has never been sufficient for success. Critical, yes, but not sufficient. Success also requires a good dose of luck. I don't see how the likes of ChatGPT can possibly change that reality. But I suppose that we will see!
  - ThorsBane 4y ago
    If you don't see how ChatGPT is already changing that, your vision is not good. Do you want me to write more to drive the point home? If you cannot see the results ChatGPT will bring to the human species, then you are not able to see clearly at all, let alone to render judgment on the nature of the United States and how hard work and future-thinking play into success and how luck does and what luck is. Luck is just when preparation meets (endlessly abounding) opportunities. America is the Land of Opportunity. You can come at me with the luck talk when opportunities dwindle and when the majority of the species is not stagnating by not making the most of what it already has.
    - JohnFen 4y ago
      What a shame. We were having an interesting exchange, but then you decided to start engaging in personal insults.