sorted by: new top controversial old
[-] LibreHans@lemmy.world -2 points 1 week ago

I think you're misunderstanding the valuation of money vs collectibles. Obviously an ancient artifact made of gold is worth more than the pure gold value. Same for rare coins. I was talking about silver as money, not as collectible.

[-] LibreHans@lemmy.world -2 points 1 week ago

Silver has lost its status as money, so silver is much cheaper today than it would be if it still was money.

[-] LibreHans@lemmy.world 18 points 2 weeks ago

Lol, we had a sales rep in a meeting to talk about licensing while we were already self hosting and using it. When he heard that we would store business data and log data for the same app he said that's two different use cases, and that we'd need two licenses.

[-] LibreHans@lemmy.world 0 points 3 weeks ago

Its always more more more.

Obviously, because the money is always worth less less less.

[-] LibreHans@lemmy.world 0 points 3 weeks ago

Lol, you're the one propagating the big banking propaganda that monetary inflation is not inflation.

[-] LibreHans@lemmy.world 0 points 3 weeks ago

Have fun staying poor

[-] LibreHans@lemmy.world 0 points 3 weeks ago

Their ACTUAL profit margins are significantly larger and growing.

Their gross profits are up because money is worth less because of inflation. The purchasing power of those "growing" profits has basically not changed.

[-] LibreHans@lemmy.world 0 points 3 weeks ago

Go look up their net profit margins, they are going sideways.

[-] LibreHans@lemmy.world 0 points 3 weeks ago

Nobody said US debt, it's USD debt, this is basic international economics knowledge.

Inflation is the loss of purchasing power of money, not somebody raising prices. Inflating the money supply leads to loss of purchasing power.

[-] LibreHans@lemmy.world 0 points 3 weeks ago

Go look up net profit margins of retailers, they are going sideways.

[-] LibreHans@lemmy.world 0 points 3 weeks ago

Which company do you think is price gouging?

[-] LibreHans@lemmy.world 0 points 3 weeks ago

Stores don’t look at inflation, inflation makes the stuff they sell more expensive to buy, so they have to sell it for more money or make losses.

Fed policies like interest rates directly affect almost all countries because they have USD debt.

view more: next ›

LibreHans

joined 2 months ago