Winners write the history.
TheZenLlama
npub1nhzl...4wd0
On the path to find the meaning of my life, my best self, and enjoy the path
Value has it's price.
#value #price
Did every nation invented the long coffee for themselves with a different name? ๐๐ฆ
Kaffee
Lungo
Americano
Is there any other name for it, or they are different types?
#coffeestr #coffeechain
Be the person who you want to meet with!
As similar attracts similar, chances are high that you will meet more of those types then.
Your life to get better, you need to get better!
So LFG, and help eachother to grow!
Have a cool day!
Would you mind sending a few #zaps to a few plebs while testing a #zapvertizing or #zaping client?
Let me know if you are interested.
I have 3 places left.
I would give you some sats, that you shall zap to plebs with my client. Let's spread love with zapping! ๐
How would you summarize the bad effects of inflation like I'm 5?
Inflation is tax. You pay tax that goes to asset holders.
Why?
Price is defined by the supply and demand. We can say the following equation:
Price = Amount of money / amount of products
If we increase the amount of money, price goes up. Price goes up, it is inflation.
Therefore
inflation == increase in the amount of money
This has 2 meanings.
If prices go up and you OWN house, your house worth more, so you have more money.
If prices go up, and you want to BUY something, it costs you more money.
So inflation does nothing then moving money from BUYers to OWNers.
Being able to create money is like:
You are playing monopoly, and you can just withdraw money from the "bank" without needing to do anything.
How fun will be this game for the other participants if ONLY you can do this.
#economylikeim5
"It's not what happen to people, but how they react to it shows what type of person they are."
The better you react to situations, the better situations will happen to you.
It is like, the more you go to the gym, the stronger you will be. Not the more stronger you are, the more you go to the gym.
New week, new opportunities.
Let's create something awesome this week!
I am gonna work on #ZapVert and make it one of the best zapvertizing client on Earth! Whose with me? ๐โโ๏ธ๐โโ๏ธ๐๐ฆ
What is your plan?
Okay I am gonna make a channel named "learn economy with memes" ๐
When you take out debt to repay your old debt is like:
You said you will clean the toilette, and they realize you did not do it, so you over offer to also clean the bathroom to make them calm.
Until how further can you over offer without actually doing any work? ๐๐ฆ
Keynesians have a big advantage in a way that inflation is a complex topic, and people don't care that much, that such a system can be easily sustained.
#inflation is the cause of money creation.
Money is created by creating debt. (Any loan or debt someone can take out is basically new money)
When new money is created (debt), more amount of money competes with the same amount of products, therefore, one product will cost more. (Inflation)
This means the value of new money is subtracted from the money already in circulation, because the total market value (sum of all products) do not change, but more money will compete to buy them.
In this sense, when you print money, you create a tax on those, who holds from that money and you give yourself free money without work.
In such a system money can be earned by hard work, or by printing, therefore it creates an unfair situation which motivates you to get from the free money because it is easier then to work hard.