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Replying to Avatar Latebitcoiner

I just asked chatgpt to calculate the CAGR of gold since 1935, and it was 7.86%. I asked the same thing about the S&P500. It was 8.79%. About 1% different. So basically, the technology that we've developed over the last 90 years is worth 1% a year. That is absolute BS that humans have done that to the world. Crazy town. So you're telling me that personal computers, modern medicine, etc. are only worth 1%? It's terrible what we've done to value.

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Enigma 9mo ago

Central banking, is what we've done, to value🤷🏻‍♂️.

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