/biz/ - Business & Finance

The world is a ponzi

>>27639875
Congratulations, you've begun waking up

>>27640002
how do i profit from this

>>27639875
literally yes. Every good, service and asset in the world is driven by the fact that you will sell something for more than you paid to acquire it

Ponzi is just a natural selection tactic. If you aren't seeing this in everyday life you already lost and aren't going to make it(dead before retire)

>>27639875
oh course

>>27640088
https://www.youtube.com/watch?v=ag14Ao_xO4c

>>27640118
except for the end consumer, which are the last step of the ponzi, the retards you suck the money from

>>27639875
not exactly a ponzi scheme but yes, everything is some form of scam, meant to benefit the haves and fuck over the have nots.

>Speaks into wrist
>we got one coming out of the fog
>roger that, will start team rolling

It's all good OP. Just sit down for a bit. Gather yourself. All will be fine. Just stay here.

>>27639875
everything except innovation

>>27639875
pretty much
we financialized the fuck out of the world and then added so many regulations that the winners can't be destabilized. everyone just fights over the pieces of this decaying pie.

>>27639875

Potentially, OP. All open-stock companies are built on the fact that all investors can withdraw their money at any time. That is the key word here, time. If people want to make money on a stock in a day, they expect others will withdraw in a day as well. If people want to make it in a month, or a year, a similar expectation goes.

Now, a year-long hodl stock is usually based on the idea that a company will actually grow and constantly add back value. Less of a ponzi.

If you really want to avoid ponzis, my thinking is: buy dividend aristocrats that sell something the world needs even during a crisis. You know everyone else is just in it to accumulate compound interest endlessly. To hedge against even this turning out as a ponzi (if hyperinflation kills the value of the stock and people run even from this) you could buy gold or bitcoin. If even that no longer works, the world economy is burning down and you reaaaally have bigger issues than savings.

>>27640400

>>27639875
Not a ponzi, just a very effective system to move wealth from people that don't know what they are doing towards people that know what they are doing.

>>27640885
This is why I’m all in crypto. I don’t believe things will crash to the point where crypto is unusable and if they do well in already dead.

>>27641288

I'm still a little more inclined towards gold for now. I believe in bitcoin but there's no way of knowing whether it's in a massive bubble right now.

>>27639875
I don't know about everything, but this meme-crypto is a ponzi that makes little boys feel big boys.

>>27641288
This. I don't get the people who hoard precious metals. If we're in a post apocalypse waste land having a bit of silver won't save you.

But I do have a bunch of bonds as my emergency fund, some Mutual funds as steady passive income and crypto since I don't want to gamble everything away but also want to take some chances to get some wealth.

>>27641611
>there's no way of knowing whether it's in a massive bubble right now.

Only 21 million will ever exist, ever.

>>27639875
pretty much yeah, welcome to the real world bud

>>27639875
yes
central banks print 100
private banks get 50
corporations get 25
companies get 5
wagies get 1

>>27641790
>If we're in a post apocalypse waste land having a bit of silver won't save you
It can literally buy your spot into the communities where some semblance of a normal economy remains because everyone has PMs and uses them to trade and barter.

>>27642457

Sure, that's why it performs the same function as gold (gubment can't inflate it) but gold doesn't have the same crazy course fluctuations.

>>27642457
Don't make it not a Ponzi, for fuck stack you can make a shitcoin of a supply of 1 in one afternoon, that doesn't give it any inherent value

>>27644931
Bitcoin's value is in it's security among other things. It's the first digital asset that cannot be counterfeited. DYOR

>>27639875
yes but who cares? we can reasonably assume that it will go on long enough for us to not be the ones holding the bag. that's the next generation's problem.

>>27640088
buy bitcoin

>>27639875
Shit, he knows.
It’s over bros, let’s go