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> Wait 100 years for $100k…it is meant to show why your scenario makes no sense. If you have something to show, I'm interested. Why hold out on us? > And then
by randomdata 3y ago
> Wait 100 years for $100k…it is meant to show why your scenario makes no sense.
If you have something to show, I'm interested. Why hold out on us?
> And then someone who does want to do something productive with the property purchases it.
And now the former property owner has nothing. What's the point of them going to all the trouble? I am sure they would rather use that time to post on HN, like you and I have the luxury to.
> but interest rate and monetary and fiscal policy is a political thing.
Interest rates are adjusted in accordance with certain political goals, yes, but they are adjusted in response to behaviour. Rates were lowered because people weren't looking for money, not that people stopped looking for money because interest rates were low. Basic supply and demand.
> At least one person (me) has an idea of what to do with money. Providing kids with healthy meals at school would be a start.
And if you invest wisely, you'll have even more money to help with that! So, we're back to trying to figure out what to invest in. Any ideas?