2020 Money is king Again Good news - page 4.

Finestream

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Quote from: Polo7 on August 31, 2020, 03:52:49 PM

Money is king Again!

Money is always king.

Quote from: Polo7 on August 31, 2020, 03:52:49 PM

skills, Work ethicks... And Values is Going Down and Money will rise Up school education becomes also pointless.

Only Thing what will matter is Money!!

It's never pointless as you can use that to make money, getting into school to learn does not mean you'll become an employee after you finish schooling, you can also learn and apply what you learn if you are going to start a business, and the more knowledgeable you are, the better chance you will succeed in your business venture.

BTW, if would be kind of you if you tell me what is the king prior money got king again? Grin

Sanugarid

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Quote from: Xembin on September 04, 2020, 06:39:17 AM

Obviously, Money is very important to humanity in anywhere.

Frankly speaking not all Grin

There are indigenous people out there having their own source of every thing that they need like shelter made from woods and leaves, food from crops, water from natural resources, and many more. They also don't need to pay for education since the government is providing them one. Wanna replace it to, MOST OF HUMANITY NEEDS MONEY.

Quote from: Xembin on September 04, 2020, 06:39:17 AM

In this pandemic many investors that have the money are investing here, and there to make more profit, while some find it difficult to feed well in this pandemic.

That's the opportunity of being rich, they get richer and the poor gets poorer. That's the sad reality about living, when you are born poor you need to thrive in order to get what you want, unlike being born rich the food is already in your table.

iv4n

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Money is king! I disagree with that "again", money is king all the time! There is an old proverb here, goes like this "if you can't solve some problem with money, you can solve it with a lot of money"! Before money, it was gold or silver, each era has something valuable that represents money, the king. Now in 2020 need for the money is even bigger, because more cities, more people who live there, they can survive only with money. Before every family had someone who lives in the village, there was food on the table, but villages are gone, we all eat what we buy... we pay for everything, we need electricity, we need telephones (more than one of course), we need internet, car and gasoline... And for all that you need money!

aiguy

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it's not possible, then what about health, food and water. and also there will increase print money, so how will it be a king

Mauser

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Quote from: dothebeats on September 04, 2020, 12:29:16 PM

Money is always king, if you are speaking of the abstraction of it. Generally speaking, money never left its importance in our society and in fact, it's now needed more than ever. However, the physical manifestation of the abstraction 'money' which, we know goes by the name 'fiat' has lost its value over the course of a few months because of the rapid printing of money here and there to provide aid to those who needed it the most. Nonetheless, no matter the situation the world finds itself in, the concept of money will always be needed by mankind since we are already fine-tuned to accept and use it to acquire something that we want or need.

We will see more pressure on fiat currencies in the near future. Governments all around the world are injecting money into their economies. Central banks are very worried about lower than 2% inflation rates and want to increase inflation above their targets short term.
So while cash is long we need to remember that the longer we hold cash we are losing purchasing power. Cash is not giving any returns and should be considered more short term than long term
Investing is better than leaving money at home or in a checking account.

AniviaBtc

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Quote from: DooMAD on September 02, 2020, 03:40:21 PM

Quote from: Polo7 on August 31, 2020, 03:52:49 PM

school education becomes also pointless.

That just sounds like something a poorly educated person would say.

You can only coast through life without skills or experience if you're one of the lucky few who actually have untold sums of money. Somehow I sincerely doubt you're one of those people. This world is going to eat you alive if you don't get your shit together.

Maybe, he said that based on his own experience but in reality, degrees are necessary to find a job if you're not working extra. There are a lot of opportunities where you can work without a degree and I think that's the thing that he is talking about. In cryptocurrency, you don't need a degree to make it grow because some of the crypto investors are successful without even completing college which is what is really happening right now. Some people are just lucky because they are born wealthy and some are suffering because they are born into poverty.

Latviand

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Quote from: Polo7 on August 31, 2020, 03:52:49 PM

Only Thing what will matter is Money!!

This statement somehow really have a point. Nowadays, most of the things in the world which are necessary to live and the things that you want can only be acquired when you have money. That's the reality that we need to accept, and YES, there are things that can't be bought by money but we need to understand that we can't live without money. We can't sustain ourselves if we don't have any source of profit or income that will help us to buy our needs. That's the hardest truth that we need to deal with but right now, jobless people are increasing due to the fact that this pandemic can affect businesses and the economy and it is really hard to earn money with this crisis.

dothebeats

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Money is always king, if you are speaking of the abstraction of it. Generally speaking, money never left its importance in our society and in fact, it's now needed more than ever. However, the physical manifestation of the abstraction 'money' which, we know goes by the name 'fiat' has lost its value over the course of a few months because of the rapid printing of money here and there to provide aid to those who needed it the most. Nonetheless, no matter the situation the world finds itself in, the concept of money will always be needed by mankind since we are already fine-tuned to accept and use it to acquire something that we want or need.

lumeire

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Quote from: MCobian on September 04, 2020, 08:50:22 AM

Although not all things can be bought by money, it must be admitted that having a lot of money can freely buy anything.
So I agree that money is king, especially in 2020 in a pandemic situation like now money is very much needed. So many
countries are doing money printing, although this will have a bad impact in the future.

In the time of pandemic, cash was even more important than having money in your bank accounts as in a lot of places people were afraid to go out as there were high chances that the ATM were also carrying the virus and were contaminated, so having cash in hand was considered a good thing considering a lot of local sellers were only accepting cash and not the bank transfers or cards. Have cash become the king again is going to be my question!! As in the time of crisis what people need the most is cash as a lot of times the banks limit the amount of money that you can withdraw in a day from ATM and the banks.

sabbir2world

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Are you okay man? Money or this concept isn't new like Blockchain. It's not the money that shaped the world rather the people in the power. You see, we can get screwed easily by our leaders.

MCobian

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Although not all things can be bought by money, it must be admitted that having a lot of money can freely buy anything.
So I agree that money is king, especially in 2020 in a pandemic situation like now money is very much needed. So many
countries are doing money printing, although this will have a bad impact in the future.

amishmanish

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Skills and good work ethics are as useful as they ever were. Though if its school education you are talking about, then one has to be very careful about what "skill" they choose. The only thing to keep in mind is that it matches your ambition and aptitude. A lot of fear has been raised about AI eating up jobs. Yet, to think of it, robots aren't really going to replace human riggers, welders working on skyscrapers anytime soon. Infrastructure doesn't employ as many people as it used to but it'll survive. Engineers, particularly Mechanical, Civil, Electrical will continue to be in demand.

The most that automation and AI will effect is the jobs on lower end of the spectrum. Support services, call centers are going to get very light in terms of human intervention. Apart from that, we are always going to need good code and new product implementations. It isn't going away anytime soon.

So yeah, Money is king only because skills and work ethics will continue to be used to earn more of it. Nothing is changing in those terms except that we may just self-destruct ourselves with climate change and novel diseases as we continue to disturb earth's balance.

lepbagong

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Quote from: thesmallgod on September 04, 2020, 07:22:51 AM

So how did you intend to earn the Money if what matters is money? This is a wrong philosophy about life. You need skills and education to broaden your knowledge and put you in a good chance to earn money. Many people will tell you that those that are most successful today drop out of school. Not that they did not acquire basic education but "dropped out" Money will not just come out from thin air. It will be earned.

education is the basis for people to progress in all aspects, especially of course the progress of knowledge which is more basic from all aspects that have been learned. but people who trade can be opened from education because it is parents who give off talents and opportunities to learn to continue their trading traditions. but in theory he did not study in special education but what he studied was direct science practice.

but for certain knowledge it still has to be from the school desk that teaches correctly a clear theory and cannot be done from experience, only trade can do that. So, education is still needed and it cannot be denied that without reliable education, to compete in technological developments you can be left behind.

thesmallgod

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So how did you intend to earn the Money if what matters is money? This is a wrong philosophy about life. You need skills and education to broaden your knowledge and put you in a good chance to earn money. Many people will tell you that those that are most successful today drop out of school. Not that they did not acquire basic education but "dropped out" Money will not just come out from thin air. It will be earned.

Xembin

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Obviously, Money is very important to humanity in anywhere.In this pandemic many investors that have the money are investing here, and there to make more profit, while some find it difficult to feed well in this pandemic.

fiulpro

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First of all we are in the middle of a Pandemic

Government is trying to balance out their losses by Printing money excessively

-Due to This the value of the currency is decreasing drastically
At some places still it's not evidentially seen , those countries are right now living under a bubble and people are right now facing inflation unarmed

Healthcare is detroiting
At places only the rich can afford healthcare for the corona virus

Despite the government regulations the industries , to earn profits are forcing the citizens to overpay ; if they cannot they are not getting even a hospital bed

Yes right now Money is the most essential resource to take care of you and your family.

But that's unfortunate.
That's now how it should work ..

minairia3

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Quote from: grabpopcorn536 on September 03, 2020, 03:43:50 AM

Cash has stable value because governments are behind them to manipulate exchange rates. Like in the past, in the future they will continue to print money to stimulate the economy. There will be more money and maybe the money in our pockets will decrease in value. Think of something finite and harder to create than printing government money.

Thats how monetary system works. If you would compared it to bitcoin decentralized aspect its really have a huge difference. Money value is stays the same while the one who growth is the economy and what will effect are the goods and servicws that needed money.

Anyway, its true that they say money is root of all evil. From this statement we witness how scammer used any means to steal funds just to earn money. Money matters but of course it depends on how a certain someone value and used it.

visiteim

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The top trends for investors to know in 2020 include dwindling recession fears, a rise in earnings, a climbing stock market, the up-and-coming election, and a comeback of international markets.
Although there remains to be uncertainties in the overseas economies and international markets in the coming year, the forecast for global economic growth has improved. J.P. Morgan is predicting the global GDP growth (2.5%) to outpace the GDP growth in the U.S. (1.7%).
Up-and-coming markets may outperform more developed markets internationally in 2020 (assuming the trade talks between the U.S. and China go well).
(I searched for the facts)

Kakmakr

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Quote from: Polo7 on August 31, 2020, 03:52:49 PM

Money is king Again!

skills, Work ethicks... And Values is Going Down and Money will rise Up school education becomes also pointless.

Only Thing what will matter is Money!!

Define money ....... if you refer to Fiat currencies.. then you are soooo wrong. The US wants to continue printing toilet paper money to get them out of the hole they dug with the mistakes they made with the Covid pandemic. (The stubborn Trump administration should have enforced stringent restrictions a lot earlier, because it could have saved a lot more lives)

Lives matter.... not Money!

Crypto currencies can also not remedy the mistakes that has been made by politicians in the past. The debt is spiraling out of control and unemployment is rising.

Low quality education is pointless... good quality education is key to many of the problems we face today. (Poverty / Drugs / Alcohol / sex related problems)

carriebee

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Granted that we do have different perception in life though money is important these days during this global pandemic. Money can fulfill your needs but it can’t buy you happiness, just look those people who lives in a rural area they don't have food to eat in their table but they are fulfilled in life. Skills are very important and education also during these times.

Topic: 2020 Money is king Again Good news - page 4. (Read 780 times)