mcfly1985

Rich old man wants you to continue using fiat money to keep you enslaved.

Ooo so brave, saying Bitcoin will go to 0! No one has heard that before!

> why shouldn't the price of loans (interest rates) be subject to the laws of supply and demand just like everything else?

They should be. It doesn't work though when the Fed comes along and buys the lion's share of loans.

Try finding an inspector who actually enjoys the job. They do great work.

You're an idiot if you haven't realized the relationship between QE and US treasury interest rates across the curve. You're an even bigger idiot if you don't understand the relationship between UST interest rates and every other interest rate.

Maybe that's your experience if you go with your Realtor's "suggested" inspector. Again, most home buyers probably just go this route since no one really cares about quality any more.

I researched my own inspector and chose a very technical retired engineer. He identified significant issues with the home that resulted in the price being reduced by 15%. You're an idiot if you waive inspections.

Most home buyers waive inspection contingencies. The market is one big fomo frenzy for the past decade when fed artificially suppressed interest rates below inflation. I bet home buyers would happily ignore reading any pamphlet explaining their risks related to natural disasters.

Twitter allows all sorts of garbage claims about Trump from mainstream media sources which simply cite "anonymous sources". Most recently the NYTimes claimed to have Trumps tax returns - without evidence verifying the authenticity. Over the last few years, Russiagate relied almost entirely on "anonymous sources" - and we all know how that turned out.

> Cryptocurrency is certainly not a good place to put savings

Found the short-sighted sheep.

Rent is not the same thing as house prices. Additionally, it's imputed rent - not actual rent. The fed released their own study just the other week showing that if house prices were included in the cpi as they were in the past, cpi would be drastically higher.

"Using my free speech to make my preferences known to limit other's free speech". Got it.

Another HN commenter who's never wrong and knows everything!

Europe banning speech doesn't make it ok. The truth has nothing to hide.

Yea, maybe an insured safe deposit box is the way to go. I'm not pretending to know the way to survive what's headed our way. There's a lot I like about bitcoin, but I don't know that it's the right choice. Just my personal decision.

People buying debt are the people buying bonds. Would you lend 100k to someone for 30 years at 3.25%? If you do, I think you're foolish.

However, if you're borrowing 100k from someone at 3.25% for 30 years you'll likely be very happy you did.

I strongly considered purchasing gold. I don't trust the paper-gold markets. I just don't know how to store it safely in my apartment. Bitcoin for sure has its faults...but for whatever reason I feel safe with it.

Luckily I was young and didn't have much to lose. We didn't experience hyperinflation, maybe something like 40-50% change in prices. I was hourly at the time but it took a while before I felt like my purchasing power was back to being on-par with what it was prior. When people started to feel prices were rising, everyone ran out to buy electronics -- tvs, stereos, anything. The hope was they'd be able to re-sell them at a good price. I've learned that inflation is uneven - it doesn't uniformly increase prices everywhere. In the US I just watch the charts of M1.

The point is to have a large amount of fixed-rate debt that'll evaporate due to inflation. If there's another asset class I can borrow money at a fixed-rate of 3.25% I'd love to hear it.

Right - but this neglects the fact that the US has printed an enormous amount of dollars to finance an incredible amount of spending. So sure - the purchasing power is on par with other countries, but those other countries haven't had the luxury of printing trillions to finance themselves.

As someone who's lived through significant inflation in his lifetime, American's are ill prepared. In my experience, the government will do everything possible to hide the fact that inflation is even happening. "Official measures" of inflation won't begin to capture the problem until the damage is already done. People buying debt at these absurdly low interest rates have, quite frankly, lost their minds.

There's not many options to protect yourself either. Stocks? Maybe, but a lot of companies will go bankrupt. Gold? Maybe - but if you're investing in paper gold it likely won't be there when you need it...if you're attempting to hold physical it can be easily stolen.

Preparing for this the second time in my life, I'm opting for Bitcoin and real estate (with nice fixed-rate mortgage debt to purchase). Fingers crossed...

I think you’re confused - NATO isn’t an alliance if the US is the only one putting in any effort. Trumps specific complaint is (from your own article):

> complained about the defence spending of European allies who committed less than the agreed 2% to defence, particularly Germany

The US wants the alliance, it’s the Europeans who feel they don’t need it (since they aren’t fulfilling their obligations).

> Because the person you've replied to has given a good argument and explained their way of thinking?

What?! His comment is 100% opinion, with no supporting evidence. I guess that’s all hackernews needs, so long as it fits the Orange Man Bad narrative.

Ah, the time old argument of “two wrongs make a right!”

China is systemically stealing IP from European companies, research from European universities, and forcing labor into a race to the bottom. Europeans would be wise to stand with Trump on this.

Your original comment added nothing of value. Everyone on hn is now dumber for having read it. I award you no points.

> None of these claims is real.

Dude, you can’t even form a grammatically correct sentence.

The people complaining about censorship aren’t concerned about the removal of bots. They’re concerned about a pattern of behavior from twitter whereby they shadowban, remove, and editorialize viewpoints that don’t agree with the Valley’s ideology.

Nice straw man.

You act like the American revolution is the only instance of this. The French Revolution is another example of people fighting for change.

You act like the American revolution is the only instance of this. The French Revolution is another example of people fighting for change.

Comforts I have because my American ancestors stayed and fought a war for, instead of running away.