For 4 of the 6 years of German hyperinflation, the gold mark was at all time highs relative to the paper mark. Despite it being at all time highs, to avoid losing all your wealth, you still had to buy it.

"A romantic vintage couple in bold comic-style attire embracing on a balcony under a starry night sky.". Try Grok Imagine, free for a limited time:.

When government spending is 40% of GDP, everyone is a fed.

The below quoted post is poorly written and a little half baked but I think it’s one of most useful and important things I’ve written on this site. To summarize it:. The value of a currency is the discounted future goods and services for which it can be exchanged. This is.

I've been in ecommerce and on this website for ~10 years now. Based on what I've seen, for every 10 people who have invested with people they met in ecommerce or on Twitter/X, 9 have lost money (if not more). It's a real jungle, be careful.

What is the price of a stock?. It is the cash that it can be exchanged for. What is the value of a stock?. It is the sum of its discounted future cash flow. What determines a stock's future cash flow?. The future demand for its goods and services in the context of the supply of

Top 3 most inexplicable business sales of all time:. 1. Google selling its domain business to Squarespace in 2023. 2. IBM (stands for "international business machines") selling its hardware computer PC business to Lenovo in 2004. 3. Buffett selling Berkshire Hathaway shares to.

The seemingly endless stream of rich Chinese trying to get their money out of China is often cited as reasoning for predictions of China's economic collapse. In reality, many of the rich Chinese getting their assets out are on the lamb or embezzling funds, moving their money to

There are 195 countries in the world but only 8 military dictatorships. All 8 came into power within the last 5 years. 1. Mali.2. Myanmar (only non-African military dictatorship) 📸.3. Chad.4. Guinea.5. Sudan 📸.6. Burkina Faso 📸 .7. Niger 📸.8. Gabon

If your company is not owned by private equity, tell your customers that your company is not owned by private equity.

Loose monetary policy creates and sustains loss making firms. Loss making firms cause otherwise profitable companies to make losses through unprofitable competition. Therefore, the more money being made, the harder it is to actually make money.

Great example of how stupid it is to take IQ statistics at face value. If you just got on wikipedia you would see that there are clearly more 350 sub-saharan africans with an IQ higher than 145. At my college there were two black PhD math professors, sorry but that's not DEI.

In 20 years, people will say “real capitalism has never been tried”.

China weaknesses:. 1. Not having enough kids to sustain population number and elderly. 2. Unclear succession plan for current leadership. 3. As China rises, it will likely become arrogant and struggle to maintain the habits that made it rise. 4. Historical resentments in many of.

China is going to eviscerate the world market for farm equipment just like they did for passenger vehicles. While China is disadvantaged geographically in the production of agricultural goods, the scale and rising ability of Chinese industry will make it difficult for companies.