Read The Wealth Of Nations by Adam Smith. This should help.
Economics is the study of systems. You need to have a holistic point of view and consider all levers of the system to see how it works. It's not complicated, but requires you to have a holistic understanding of finance, stats and economics - and maybe supply chain management, but not so much.
I see the problem. You went to Wealth of Nations before reading basic economics. Your understanding is as flawed as the keynesians. Maybe try basic economics by Sowell first.
Lol I have a degree in business administration bro did 4 years
Appealing to a college degree is not the flex you think it is... Kamala Harris is more "educated" than me too.
it is when I apply for a job, that's for sure.
IDK why you people think education is a farse? People literally get hired from prestigious schools, if American institutions has gone to shit, doesn't mean other global institutions have.
100% guarantee wall and main street are not hiring Hustler University graduates, or Kamala Harris.
I have a better paying job than most college graduates... There are more companies accepting applications without college degrees every day... Your piece of paper to get you a job is on the decline.
if you think so;
Again, you legally can't hire some bum off the street who doesn't have qualifications to do a job where you need qualifications i.e. handling other people's money.
Remember, I don't have an art degree and I'm one off an MBA, so straight C-Suite hire.
Its not my thought, it's fact. And no, not every job requires a degree. SpaceX doesn't and they build rockets... You look at people without a degree as a bum off the street. That's your problem. I do engineering for a living yet I don't have a degree or even a PE stamp. You know what I have? Years of experience and a portfolio to prove I know how to do math. And I do it better than many PEs out there.
bro how can you do engineering at any competent level and have no qualifications? that's just wild.
I'm sorry I spent zero dollars and you spent thousands. You are so bewildered that people can actually learn stuff on their own without having to pay someone to teach them. The fact that you find that hard to believe is the astounding thing.
You just don't want to admit to yourself you wasted your money on an appeal to authority. No wonder you don't know real economics. You were taught by the keynesian system.
you guys live in some place devoid of reality. name one place that uses Classical economics in 2025?
I'm quite fine with my knowledge base, it's helped my this past decade.
New age economics is wild, ngl - and laughable.
I've read it man, but your claim was that using debt produced more economic growth than use hard money.
So far you didn't answer this.
yes, because there is more money created of hard assets than there are hard assets to create growth. It's really not hard to understand, and I have answered this several time already, you're just not seeing it.
This is literally why strike is offering loans in fiat currency against hard asset BTC. Any hard cap coin or commodity will always reach a point where there is not enough reserve to start new projects.
What happened every time someone got fiat loans for their Bitcoin? (Latest Thor chain)
If this is true,.why isn't countries who print money super growing?? Argentina, Egypty Turkey etc?? Your argument doesn't hold up to real life.
because no one wants to hold their currencies in reserve. In fact, it's an illustration of what I am talking about earlier, where certain FX has a premium, not solely based on hard assets, but intangible assets as well. Economic stability, economic outlook, electricity supply, etc. lots to factor in.
Hyperinflation and run-away debt obligations happen all the time. The USA would be in that same basket, however they are not because they print themselves out of a crisis every time. These other countries cannot do that, hence they get relegated. Japan is another one.
I love you Slayer,.but you are a fiat maxi! 😂 
Fiat makes the world go around, until it doesn't, I'm going to play the game.
After all, aren't all of you fiat maxi's cause your all concerned about a PRICE in US dollars?
No... I'm not concerned with the USD price of Bitcoin. I'm concerned with the amount of Bitcoin I have relative to other peoples stack of Bitcoin. I'm doing just fine. You're still playing a game. I opted out years ago.
"I'm concerned with the amount of Bitcoin I have relative to other peoples stack of Bitcoin."
ah yes, mercantilism. IDK how you can't see that as you type it out?
I was a fiat maxi until I switched to a Bitcoin Standard. Bitcoin is asymmetric risk protection, why would I hold something that can be created from nothing?
Dollar is a common measurement, but being quicky usurped by pricing in bitcoin and sats.
why don't you own Sex token? If supply dynamics and price is what you're after, there are better coins than Bitcoin.
Let alone any fork of Bitcoin. The hard currency you claim is also controlled by a small subset of developers; who determine your money, much like new world bankers.
So the question is why Bitcoin? Like i know why I'd take gold; but bitcoin already has so many forks - even this new knots thing is a new thing on "hard currency"
I'm done talking about it. You have no idea what you're talking about.
I don't? Bitcoin is on version 26 but Gold is still version 1 from like 12500 years ago
let's be real about "hard money".
There aren't. What are you talking about?
2017 there was a fork of Bitcoin, now again too looks like it's going to happen. At some stage, there will be a blackrock fork and they will most likely increase supply
So? What's your point. I told you I'm done talking about it.
We're not talking hypotheticals, we're talking about current reality. Harder money has always superceded less harder money (gold replaced silver etc) Game theory and Nash equilibrium confirms it - even suggests the best action for an individual to take is to adopt it! Playing the fiat game is the losing strategy, even if the majority still use it. Look up asymmetrical gains!
