RE: RE: Inflation Is Coming! You Need Assets… But Which Ones?
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RE: Inflation Is Coming! You Need Assets… But Which Ones?

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I saw a thing yesterday that said that minimum wage would have to be $66 / hour to be the same as minimum wage was in 1970. It sounds about right with the M2 money supply and 0% reserve requirement. I think people underestimate that issue. Banks aren't levering against even $1 worth of work. They can just say, "loan", "loan", "loan", "loan"

We have lost 20% compared to the EURO recently and they only have a 1% reserve requirement.

It's hard to wrap our heads around how devalued our work and effort is but it's a massive devaluation. It's essentially over here outside of primarily moving to the sticks or relocating to Eastern Europe or South East Asia.

A big issue becomes the women situation. There is a very low probability of getting an American woman on our program even if you meet all kinds of criteria. Dwight Howard's wife just filed for divorce after 6 months. Wants 50/50 and Alimony.

https://people.com/dwight-howard-wife-files-divorce-mutual-restraining-order-after-6-months-11768252

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@brianphobos: I saw a thing | Ecency