Assets won't go down because of inflation / money printing.
In a normal economy, the prices for houses will deflate, because only millenials/genZ can buy them....
- Boomers sell homes and property to millenials/genZ, at a reduced price, since it's hard for them to buy.
- Boomers use that money to live off the goods/services that millenials/genZ produce, so they don't have to work.
- Millenials/genZ get to own their homes and property.
- It's win-win.
In clown economy, nothing deflates because it's bought with made up dollars...
- Boomers sell homes to jew banks, at an inflated price because they have infinite money printers.
- Boomers use that money to live off the goods/services that millenials/genZ produce, so they don't have to work.
- Millenials/genZ don't get to own anything, so their money gets extracted from them as they become a slave class of renters.
- Inflation goes up even more because of the printed money.
We definitely live in the second world and not the first. In case you haven't noticed, this has already been happening for years. This is why everything is fucked right now. The boomers started retiring in 2011 and the average boomer is already retired. The deflation should have started years ago and it didn't, because we live in clown world. The (((banks))) have already stolen the nation's property with a switcheroo, by trading our real assets for their fake invented dollars, like an Indiana Jones switcheroo, and they'll continue to do so.
Shorting nvidia right now has to be the dumbest thing possible.
AI is here. Normal people can deploy it for fun hobbies. Companies can deploy it and make a return on investment within the year. Industries are either getting fucked by it, or using it to start making things at 10x compared to before (eg, actors v movies). And all of it is powered by nvidia.
You could cancel every pending nvidia order and they'd still be profitable for the next 20 years until AMD or some other company comes and dethrones them from AI.
Michael Burry a genius at stocks and other things. Among his accomplishments is that he predicted and made bank off the 2008 crash. Right now, he's betting again that things are going to go to shit for the economy, and soon.
SPY and QQQ are megafunds. SPY is a variety pack of the 500 biggest companies, more or less. QQQ is similar but tech companies.
Puts/Shorts are ways to bet that things will go down. You borrow stock today to sell, with a binding promise to buy it back later at the new price. Eg, you think Disney at $80 is going to drop to $20 because of a scandal, so you short 10 shares to get $800. If it drops to $20, you can buy the shares back for $200, and net $600 in profit. If it instead raises to $200, now you need to come up with $2,000 to cover the shares you shorted. Puts are similar, but you pay a premium to make sure you don't lose more than a certain amount if you mess up.
He thinks those stocks are going to crash, but those stocks are bundles of the entire market focusing on big companies/tech. So this guy thinks the entire market is about to get down into shitsville, and he's got a solid track record of being right. That said, he's not betting everything on this. It looks like he's betting a lot but he hasn't put up everything in a blackjack bet here.
I don't fathom how you don't believe in germs. In your mental framework for disease, how do you explain food poisoning? Or contaminated water? It's pretty straightforward that we can make predictions from germ theory and see usable results in real life.
Eg, food stored at room temperature will go bad because of bacteria, but won't if you kill the bacteria via canning (or other sterilizing methods, like irradiation). Water that is infected with disease will get you sick, but won't if you kill the bacteria by boiling.
Toilet Paper was never a 'panic buy'; real market forces caused it be sold out.
Before the lockdowns, about half of all TP usage was commercial TP (in those big rolls) and half was home. Once the lockdowns hit, that went to 90/10 or worse. This means commercial TP isn't getting used and home TP is getting used a lot more. If you just needed 'TP' you could always buy the big commercial rolls, but the residential rolls were what disappeared from store shelves.
TP is a low margin industry that's completely replaceable, which means any company in the space is working off of extremely tight margins made possible by very efficient manufacturing plants. This means they can't just ramp up production because trying to do so efficiently means more plants, which takes a long time (and would be unprofitable as soon as the the lockdowns stop).
This is why residential TP took so long to stabilize, and why we still see shortages and purchase limits.
I've been using Kagi, which is in beta and invite only right now (but seems to just accept whomever).
It works better than google and DDG, and it's biggest call to fame is that it lets you identify domains and block/up/down/pin their rank. After having used it for a short while, it's pretty great how quickly I'm able to permanently filter out the bullshit.
A Ukranian AFV oversteers and runs over a car.
"Stunning footing of Russians just going out of their way to drive over civilians in tanks!"
Meanwhile everybody jerks off about how evil Russia is and ignores why the fuck Russians would have sent an anti-aircraft vehicle to drive through Kyiv alone with no support hundreds of miles from the front line.
I thought it was rediculous hyperbole that in Atlas Shrugged, society would fall apart because the government was so literally retarded it would cause society to completely break down unable to function.
Turns out Rand was actually correct.
KotakuInAction2 isn't exactly a normie-tier ConsumeProduct.
It has a specific mandate is to look at and identify patterns in collusion or where the media is caught lying. The name comes after Kotaku got caught in the Gamergate scandal in 2014 and just tried to bully through with lies.
This was the first big visible instance of media companies trying and failing to rewrite reality with lies, and served as a prelude to the 2016 election which saw it all over the place. It is still relatively narrowly focused on identifying media lies / misinformation / rewriting of history.
This hack is big, but tbh no hack can beat the 2020 election.