“Coin clipping”
Poor “investments”?
What are good stores of value
Nadir
Survive 1,123 years
solidus … longest serving sound currency in history
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Monetary decline, societal decline?
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Where else can you go?
Salability of gold over time
Store of value
Storing energy, storing heat?
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Serfs, feudal lords … modern day renter and landlord?
Making a more durable body?
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Tax & inflation is the enemies
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Renting is smart:
When inflation goes up and you’re paying a fixed rent, rent control … you’re making a “profit”?
–> note the problem with owning property. Your property value goes up, but unless the value of it is going up 25% year over year, you’re just stagnant at best? Probably bleeding and losing money.
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Future predictions?
- The collapse of the university institution?
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Digital serfs, digital serfdom?
New digital slaves
Do you want your kid to be a slave?
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