3 ms·

> Over the past decades the US has adopted a strategy of printing money The entire western world has adopted this strategy.

• imtringued 2y ago
  The people who complain about this are hypocrites. If they really, really cared about this, they would have rallied to fix this. Instead I see people so the opposite. A lot of them are spreading hate in the name of fighting imagined hate. The other ones are gold bugs or Bitcoiners, who prefer living off of working people's labor without contributing anything themselves.
  • roenxi 2y ago
    > The people who complain about this are hypocrites ... The other ones are gold bugs or Bitcoiners, who prefer living off of working people's labor without contributing anything themselves. It is a minor point, but that isn't hypocrisy. Having identified that the existing system is stupid and favours people who just sit in front of the money stream and kick back the most obvious strategy is to do exactly that. As a body they aren't the people writing the rules and the public at any time could demand that we all stop printing money and make the best strategy to work, save and accumulate capital.
  • wakawaka28 2y ago
    >The other ones are gold bugs or Bitcoiners, who prefer living off of working people's labor without contributing anything themselves. You're confusing speculators with people who just don't want to lose everything to inflation. Sound money is not a way to "get ahead"... At best you'll tread water. Crypto has almost all speculators and con artists. Gold and silver bugs are far more sober.