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prices rise “step by step.” The first receivers of new money increase their demands for goods, which provides new income to those who sell those goods. Those sellers may now increase their demands for goods. This explains the process by which some prices and some people’s incomes increase before...
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If the government taxes citizens to build a new hospital, then the citizens are forced to reduce their spending and the government “replaces” their spending with its own. If, however, the government uses newly printed money to finance the construction of the hospital, then there is no replacement...Last edited by Jeffa; 21-04-2024, 01:11 AM.
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Socialists despise the idea of consumer sovereignty because it means allowing mistakes. In their mind, the state should play the paternalistic role of deciding what is good for everyone. Thus no difference between socialism and a system of slavery: “The slave must do what his superior orders him...
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Marx’s proposed system: socialism. Economic freedom means that people can choose their own careers and use their resources to accomplish their own ends. Economic freedom is the basis for all other freedoms. For example, when the government seizes whole industries, like that of the printing press,...
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"There can be no secret way to the solution of the financial problems of a government; if it needs money, it has to obtain the money by taxing its citizens (or, under special conditions, by borrowing it from people who have the money). But many governments, we can even say most governments, think...
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Gotta love Elon Musk his net worth is down hundreds of billions and he couldn’t give a fk
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Smashed through the 50day moving average lower this week in the S&P500
Nvidia stock down 20% from its highs which if Nvidia represents a big chunk of the S&P500 signals a bear market
A.I bubble burst...
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Nvida stock had its worst day since
….Covid sharemarket crash...
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You would have banked $$$$$ the whole fken system is corrupt as fk
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JBM ! you should have kept your short sell position open!! It’s The Feds Jerome Powell that’s manipulating markets! ...
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King Jeffa doesn’t trade Bitcoin
However
A broader market sell off especially in the Interest Rate sensitive Nasdaq
Would mean If Nasdaq pulls back 10% BTC could retest support levels at 50K per BTC
If the Nasdaq sells off 30% you could see BTC re...Last edited by Jeffa; 20-04-2024, 12:41 PM.
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King Jeffa predicts exactly 1 month to the day , let’s hope King Jeffa is wrong on wholesale rates
...
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Don’t limit to just FB, only Gen x and boomers use Facebook
To get as wider view of potential customers
Use tik tok
instagram
X as well
…lol don’t pay for advertising on legacy media, their dead like Video EZY...
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Nasdaq falls more than 2% to post 6th straight losing day as Nvidia craters 10%:
Netflix dumped 9% today as it beat market expectations but management basically said they have peaked in growth after all the cost cutting similar to Tesla down 40% YTD
Be great if theses mega...
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You don’t need wages to keep up with inflation
You just need to steal money from the future and print money today in the form of debt....
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Reason why The kiwi has the weakest currency of the group is economists and media talking up the inflation data of 4.0 as a miss in expectation
It came in as the markets expected, The RBNZ had a miss at 3.8
This pushed earlier rate cuts out further and should have strengthen...
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Currency strength chart: Strongest - chf, jpy, cad, eur, usd, gbp, aud, nzd - weakest.
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