And that is still being used to keep the "rich" living a good life!
The wealthy understand money. The masses do not. They own assets whereas other do not. They focus upon income and acquiring things that depreciate in value.
People, countries, companies, have more debt and own money money, than the "real money" that is printed and exists. How is that even possible? :S
That isnt how it works although people like to claim that. Debt is a liability but double entry accounting means there is also an asset created. People forget that when debt is created, there is someone else who owns it and gets paid.
It is a zero sum game.
As for the expansion, that is how economies grow. So if there is economic production, that is how currency expands without debasement.
i am so over how all these societal systems work. All I want right now. Is to make enough money in here, that allow me to leave peacefully and humble, somewhere in a beautiful natural and rural place in south Asia. So I can just live slower. Take photos. Talk with people. Help the community I'll be living in. And be in peace.
Yeah. Well I dont think that in a world where abundance is coming upon us, people should be thinking in those terms.
Remember, if we deem monetary return based upon the value provided, going small is shortchanging the platform.
I prefer you have 100K or 250K LEO instead of just enough to be comfortable. I hope you help to make it $10 $LEO.
Listen, that definitely would be amazing. But when I get there. I would much rather to still be doing the same I have described you, and then help others to get to a better life, than just go wild and start living a higher class type of life. But having 100K staked and be able to be here every day helping others and also creating. That would not be bad. I also, want to get there :D ehehhe Just 99.99K missing LOLOL
What you do at certain levels of wealth is up to you. Hell give it all away if you want. But the value is in generating it.
I like to think that if I had any extra I would help so many around me.
Actually most doesnt help. People tend not to succeed by being given handouts. It is why most charities rarely solve the problem they are trying to address.
I know what you mean. But although I kind of lost hopes in humanity, at the same time deep down inside I still like to believe in People.