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Topic: Maybe you dont like current financial system but its the way how it is - page 2. (Read 269 times)

legendary
Activity: 1904
Merit: 1159
The value of money is not its amount but what it could buy. The world is currently facing a acute resource shortage because of war and disrupted supplied chains. But the real problem is deeper, we are entering into a stage of chronic resource shortages, 20th century consumed everything and 21st century will be payback time. With polluted seas, land and skies, we will see lower agricultural productivity and more crop failure.

So we will witness that because of resource shortages there will be hyper inflations and money wont buy us what we need. So ther is a need to invest more in innovation and technology. Only science can save us not money
full member
Activity: 952
Merit: 105
Maybe the world may have to live with the economic downtime that is seen now as the Op made suggestively. The world is facing plenty of economic challenges that has continued a long time ago and this may continue when you are making analysis of incidents that has given concern to the countries. Recently, not quite long some region of the world struggled with economic recession and it was time for covid-19 pandemic. These led to unplanned printing of money that some where not accounted for in the plan to solve the financial problem of the countries hit by covid-19. After now the world may see another global crises that can change the financial plans and this keep affecting the economy.
WE don't like so many things yet we survive with them. There is no choice.
The revolution does not comes in a day - it takes decades. And we all live with the bogus stuff and helpless have nothing to do at all.
sr. member
Activity: 2366
Merit: 332
Maybe the world may have to live with the economic downtime that is seen now as the Op made suggestively. The world is facing plenty of economic challenges that has continued a long time ago and this may continue when you are making analysis of incidents that has given concern to the countries. Recently, not quite long some region of the world struggled with economic recession and it was time for covid-19 pandemic. These led to unplanned printing of money that some where not accounted for in the plan to solve the financial problem of the countries hit by covid-19. After now the world may see another global crises that can change the financial plans and this keep affecting the economy.
jr. member
Activity: 224
Merit: 5
Guys pay attention the monkey pox cpuld be the new crisis ....and why we need crisis ? To print money.

The fed and all the others....central bankers can say ...yes we did hiked the rates we did made the inflation going down...but inflation is velocitity of speeed of moving money....thats the anothet story...long story short solution is stimulus fed has no obligation to keep rates up they can if they want to say thats it felllas...we can do stimulus now again.

Monkeybox definately will take away all the hopes for economic crash it will boost the 10x economy.

Sure cme quetos of chigaco...shows bearish but its bluff economy is big poker game if you see the cards youll know the next move.

2022-2023 is here to get super duper rich if u not scared u r open minded and not with old mindset and unserstood suplly and demand then u will be wealthy.
member
Activity: 588
Merit: 12
https://i.imgur.com/3fXQC4m.png
life is not as expected by everyone with a financial system that is not clear plus economic conditions that are in crisis. whether to even think about running away leaving it, I think that's very wrong. we need to face it even though it is bitter because many people have found solutions in their bad financial system so they are safe.
hero member
Activity: 1974
Merit: 534
I understand your reasoning and you are right that it can be too much for some people to fully understand the problems we face on our current financial system. It worked for the last 60 years, so why shouldn't it work for another 60 years? It's much easier to accept the current situation and not try to change it. Unfortunately the reasoning is wrong. Just because something worked in the past is no guarantee that it will work forever. We can already see today that that our system is failing, we haven't reached the optimal system that makes everybody happy. Relying on large amounts of debt to drive growth only means that problems are transferred into the future. Even if it won't blow up in our lifetime, our children and grand children will feel the fallout. In my opinion we should pressure the politicians more to change our monetary and financial system.
legendary
Activity: 3248
Merit: 1402
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I think there's some nuance to money printing and a crisis. It matters who is printing the money, and how much. If it's a poor country whose fiat is not in demand internationally, it can easily backfire and lead to hyperinflation. If it's the US, whose fiat is in very high demand and trusted, they can print a trillion dollars and face minor repercussions but won't jump into the hyperinflation mode.
Also, while when inflation rises, the stock market often rises as well, if we're talking about an economic crisis, the market crushes.
And the war is NOT a solution to well-being and financial sustainability. Surely neither you nor your loved ones ever faced an actual war if you are saying that. A war crushes the economy, makes tons of people lose their jobs, many end up in poverty, and then there's also the risk of dying from shelling, war crimes, starvation or lack of medical care.
Yes, the current system isn't good, and it's often very unfair. But an actual war won't fix it, it would only make things worse.
legendary
Activity: 1596
Merit: 1288
This time, the crisis is complex. We are not witnessing problems resulting from financial mismanagement, as happened in 2008 or even 2001. Rather, there are several complex problems that may not end with war.

Therefore, the current conditions are exceptional. Therefore, I think that the economic shocks, even if they do occur, will not be long, because we have learned from our previous lessons, just as the world now expects a crisis to occur, and therefore it will be able to address it quickly.


All the problems lie with the middle class and the poor. Is it ready to face the crisis, or will it depend on the government?
legendary
Activity: 3808
Merit: 1723
Yes many governments especially the fed messed everything up. But it’s one of those situations where due to covid they had to close everything and had to send people stimulus.

They sent people like what, $600 a few times. Maybe $2000-3000 in total and what was the result. Everything pretty much since then went up 20%. Let’s say you spend $10000 on Food and Gas, with inflation you are spending $2000 which is what you were given. You are not better off, nobody is. Except maybe the rich.
jr. member
Activity: 224
Merit: 5
Each time you print money u need next time bigger crisis.
So get ready for bigger crisis each but big crisis=also bigger money = also bigger asset prices moons and bigger profits for assets holders.
The current financial system its addicted to crisis.we can not change that and we can not start use the real assets hard assets money it will means feodalism = no surplus extra capital and that will create society against feodals...it was kings and queens times castles ...empires and that did not worked thats why they changed system into infinity wealth creation of non existent credit liability.
2008 we had just real estate and mortgage bubble pop out everybody was talking wow it was terrible crisis.
2020 covid 19 and massive stimulus needed.
Who knows whats next ....the war is most logical solution to keep our well beeing and financial system sustaineble.
One thing us sure to print more money u neddd bigger bigger and bigger crisis the next stage after war the 50% of the world need to go to complete chaos ...we are talking about horror and food crisis is good becouse it will can help to create so much chaos and crisis....and even the 50% earth will be in the dark stage...we ask whats next ?? Probably alien invasion cities burn fire everywhere.

But make no mistake, those places where the money is printed and data centers wich run the stock markets and futures options and all kind of forex those locations are always protected in the world becouse financial system its most important so the elite making sure war never reach those places and electricty and emergncy back off system is always on.

But we need each time bigger bigger and bigger crisis becouse current financial system is addicted to crisis u like it or not u got 2 options to complain about it or take advanced...of this and accure wealth and enjoy  the life of the super wealth as much you can becouse the world will be addicted to the crisis.

Its great gatsby on steroids but this time we will have 1-2 years circles max of 2 years of good and next 2 years of bad the goal is to print massive ammount of money in one year massive ammount of printing money= simple way to response to the crisis. So 2020 crisis 2021 printing massive money and 2022 preparing to new crisis crisis needed to print more money 2023 crisis and 2024 will be big prosperity becouse again massive printing money will be as the response to the crisis.

We choosed this way and its addiction and society is too soft for full instant hard rehabilation....better to be just addicted
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