LibreHans

joined 2 months ago
1
submitted 19 hours ago* (last edited 19 hours ago) by [email protected] to c/[email protected]
[–] [email protected] -2 points 1 week ago

I think you're misunderstanding the valuation of money vs collectibles. Obviously an ancient artifact made of gold is worth more than the pure gold value. Same for rare coins. I was talking about silver as money, not as collectible.

[–] [email protected] -2 points 1 week ago (2 children)

Silver has lost its status as money, so silver is much cheaper today than it would be if it still was money.

[–] [email protected] 19 points 2 weeks ago

Lol, we had a sales rep in a meeting to talk about licensing while we were already self hosting and using it. When he heard that we would store business data and log data for the same app he said that's two different use cases, and that we'd need two licenses.

[–] [email protected] -1 points 3 weeks ago

Its always more more more.

Obviously, because the money is always worth less less less.

[–] [email protected] -1 points 3 weeks ago (1 children)

Lol, you're the one propagating the big banking propaganda that monetary inflation is not inflation.

[–] [email protected] 1 points 3 weeks ago

Money is always tied to the value of things, so according to you inflating the money supply always leads to money losing purchasing power.

Debt denominated in USD

[–] [email protected] -1 points 3 weeks ago (3 children)

Have fun staying poor

[–] [email protected] -1 points 3 weeks ago (6 children)

Their ACTUAL profit margins are significantly larger and growing.

Their gross profits are up because money is worth less because of inflation. The purchasing power of those "growing" profits has basically not changed.

[–] [email protected] -4 points 3 weeks ago (8 children)

Go look up their net profit margins, they are going sideways.

[–] [email protected] -2 points 3 weeks ago (2 children)

Nobody said US debt, it's USD debt, this is basic international economics knowledge.

Inflation is the loss of purchasing power of money, not somebody raising prices. Inflating the money supply leads to loss of purchasing power.

[–] [email protected] -2 points 3 weeks ago (3 children)

Go look up net profit margins of retailers, they are going sideways.

[–] [email protected] -2 points 3 weeks ago (10 children)

Which company do you think is price gouging?

 

A great way to help humans in need, and a great example of a use case for bitcoin.

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