I predict that they are going to print so much money your face is going to melt off and we will enter a soft mandibles-like situation.
And a chatbot which makes pictures and indexes things fast won’t affect that outcome.
To be clear, you think that because of AI, things like the consumer price index and real estate will fall 80% against the US dollar?
15k to 125k is about the same move as 125k to 1M.
Be more bullish.
Let’s say unemployment is 20%. Just imagine how much money they would print and how many fake jobs they would create.
AI is a marginal improvement, but we’ve been making huge global productivity gains for 50 years. We could’ve had massive deflation that entire time if it wasn’t for taxation, government spending, and monetary manipulation.
The economy will continue to be completely fake until hyperbitcoinization. Atlas Shrugged is essentially non-fiction.
Deflation has little to do with AI because most jobs are unproductive already, and therefore increases in productivity gained from AI won’t translate into any meaningful gains.
The unproductive jobs could go away with or without AI if the fiat economy stopped funding them through taxation and monetary manipulation.
That would cause massive deflation, but is also not in the interest of the government, the fed, and all the people who depend on the unproductive system, so it will not happen. USD debasement is inevitable and is a product of government corruption and the incentives behind it.
Mandibles nostr:note1ykwj6p697npvk9dqp64vksnkdnqftvzhjwtar7yfekr7zr5gxglq0lgqjm
Fuck the shorts
Bitcoin helps, thank god
Don’t worry, my generation of men is going to fix it.
They’ll make the people dumber so the AI seems more impressive.
Based and I wish you well.
My take is that collectivism is a dark art. It is incredibly powerful and dangerous, but it also is undeniable and part of the nature of most humans. Very few have reached levels of wealth or intelligence to truly be separate from collective thought or identity, and there’s an argument that it’s an impossible task.
This dark art of collectivism has been harnessed against the individual in most countries over the course of history. The reason the right is so infatuated with collective identity now is because the dark art of collectivism is the most effective way to reach our ideological goals.
If you find that immoral or dangerous I would completely agree with you, but I’m in a mind frame where I’d be willing to try anything to improve the state of my community (it’s gotten bad here).
I’m open minded. If reactive identity politics is a mistake, what angle would you take to address the modern cultural problems facing European countries?
In this case, I’m talking about the small handful of people who get to shape our culture. The people in media, Hollywood, politics, etc.
You are correct that everyone should have a right to peacefully practice their own religion and their own culture without threat of violence from others.
The issue I have is with the people who have subversively influenced our western culture and turned it into the slag that it currently is. And yes, many of them were and are Jewish, and their culture and alliance to a foreign nation is a huge issue for America.
You may choose that culture in thought, but I guarantee you don’t currently live in it. That’s why people like me react the way that we do.
The real world has been becoming a commie welfare state filled with subsidized immigration, nihilism, anti-Christian values, corruption, sexual perversion, and white guilt. And that is a big problem which didn’t happen organically and will need to be addressed.
That’s correct. All I’m saying is that for all of our high minded thought about absolute individual liberty and everyone being able to coexist, other people in the world don’t see it that way.
And if you don’t acknowledge that reality and don’t spend any time learning about what shapes culture, and the type of culture you want to live in, you will be at a huge disadvantage.
The existence of sub-factions does not disprove the existence of a shared, overarching ideology. Those Christians who fought each other, how many of them didn’t believe in core stories like genesis, the crucifixion, or the resurrection?
If anything, the fact that even people with shared ideologies will fight to the death over smaller differences should tell you how dangerous a multicultural world will become.
I can tell you what a Christian, Muslim, and Jew generally believes. Your denial that these religious identities have meaning and define culture will not serve you well.
I agree with all of this, in theory. In practice, a lot of the success of America was driven by a strong culture of shared Christian values and a free and capitalist economy. We are losing both of those, and that is a huge problem for our country.
Democracy and our founding principles are amazing tools in a world with some level of baseline social cohesion. They do not work in every situation.
It seems like we agree on way more than we disagree. If you acknowledge that immigration currently is an issue, then we are on the same page.
We can dream of a vetting process based on values, ran by great people who want the best for us, but while we dream about that we will become a minority in our own homelands.
The “overreaction” is our culture and races immune system. It’s not always justified, but it certainly is something to be thoughtful about.
Just lottery mine at that point, that’s what I do
The "supercycle" and "hyperbitcoinization" shit doesn't start with a massive melt up. That would just be a typical cycle and it would cause another major bust, rinse and repeat.
It starts with an absent bear market. Break the green green green red meme, and now we're talking.
