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Joined 1 year ago
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Cake day: July 13th, 2023

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  • You keep posting this graph with no context, but the euro has also had very high inflation.

    This is bad faith and you know it, that’s why you aren’t actually discussing it, just posting a misleading graph.

    USD had 141% cumulative inflation since 1990

    Euro has 115%

    The pound has 143%

    Brazil ( a member of brics) has nearly 1000% since 1994 (25 million percent from 1990 like the other countries.

    China, arguably the biggest contender for stability in brics has 160% inflation.

    Why aren’t you including charts for all of these countries? And why are you using a chart showing inflation values from before USD was used as the international currency in 1944 with the bretton woods conference, without demonstrating why that is important and what it means? Given that this is in the context of global currencies.


  • Isn’t the first graph just general inflation? What does purchasing comparing purchasing power mean in this scenario? And how does it compare to other currencies like the pound or the euro?

    Also the conclusion of the second article you linked seems to indicate that no other large scale currencies are replacing the shares of the US dollar, instead things like gold and diversified currencies are taking up this space, those don’t take the place for international trade.

    Neither of these seem like a death knell for USD to me.







  • Yes, this is the critical flaw in this whole ordeal.

    Comedians make tasteless jokes all the time and they generally get forgiven since they often exist as boundary pushers. A comedian makes 100 jokes that ride the line and push a little bit, and 1 of them was too far or bombs or whatever, no biggie, live and let live.

    But going to this event, at this venue, with this crowd is not the same scenario. It sets a tone and he even mentions it in his set, that he doesn’t normally play to a room full of grandmas and babies or whatever.




  • Yes, general investing is not zero sum, however many methods of advanced trading are. Options trading, which is prominent and easy to access on Robinhood, is much closer to gambling (and is treated that way by many users) and is zero sum.

    Most active trading strategies require successfully arbitraging, or extracting inefficiencies out of the market, and you can’t do either of those things without someone else losing money.

    Passive investment is investing in the companies that underlay the market, active trading is extracting value out of the market itself.