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Comment by agumonkey | Hacker News Reader

Can HNers gather for a poll ?

A lot of people (including me) spent a lot of time reading, operating, spending time on investing.

There are a few bits of value here, and some profits to make. But it seems to me that learning, crafting, sharing is way more beneficial long term.

Even if you win, you're never shielded from inflation, being conned buying a car, a house...

In a way wisdom and relationships appear more important.

Does anybody agree ?

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In my opinion, investing money into yourself in the form of tools and learning will always yield the best ROI. But obviously, that's a lot less sexy than the hope of one day retiring because you have so much "passive income". It's just that most examples for "passive income" aren't that passive, e.g. all those people advocating SaaS and Apps as a lifestyle business.

>you're never shielded from inflation

It seems to me that inflation is integral to success of the system. That is to say, without inflation, far fewer people would "win".

> without inflation, far fewer people would "win".

Wouldn't it also be: without inflation, the people not playing wouldn't "lose"?

Without inflation, people would naturally hoard their money for safekeeping. But money that isn't changing hands effectively doesn't exist. An economy is made up of the movement of money, so inflation is used to ensure that people keep the money moving.

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