Canada's central bank has sold off 1,000+ tons of gold reserves over the past fifty years, buying mainly US dollars, while an ounce of gold has gone from $35 to $1900.
You'll be delighted & flattered to hear these clowns think bitcoiners are not financially literate!
The Canadian shitcoin has gone from $64 to an ounce of gold to $2,700, but the clowns in charge of it are concerned about the financial literacy of people buying bitcoin, which has gone from < $0.01 to $15,000 in 10 years.🤣🤣🤣🤣
There's probably a freshly-minted Econ PhD who just got into $800k of debt to buy a quarantine-pod in Ottawa so he can work on this report & have soyburgers delivered.
He thinks the gold standard is stupid & is concerned you're not financially responsible for buying bitcoin!😂
"By keeping healthy children under quarantine, we are cruelly depriving them of the in-person free play and social interaction that are critical to their development and emotional well-being."
Children who have spent six months stripped of normal development are still more at risk from getting hit by lightning than from 'coronavirus-related' death.
Dumb communist ideas like UBI are popular among the ultra rich as it allows them to build an army of poor dependent easily controllable slaves to legitimize taking more political power to protect themselves from competition by the productive middle class.
From the morons Marx & Engels, to every communist party worldwide, to today's pro-UBI billionaires, dumb communist ideas have ALWAYS been promoted by the rich, mobilizing the criminals among the poor to destroy the productive & turn them into dependent slaves for those in power.
In all the bloody history of the left worldwide, there has never been a single leftist political party with broad popular support among the workers or poor. It was always a "vanguard" of criminal parasites financed by the rich who spoke in the name of the workers they slaughtered
There are many theoretical reasons bitcoins shouldn't work, but until it stops working, these theories aren't worth much.
There are many theoretical reasons @planb's s2f model shouldn't work, but until it starts making wrong predictions, these theories aren't worth much.
As an Austrian I was extremely skeptical that this model could work and laughed at it initially. But if you ran this model with pre-2014 data, you can predict 2014-2020 prices with astonishing accuracy. You simply cannot dismiss that with theories for why it shouldn't work.
The more theoretical reasons you have for why the model shouldn't work, the more astonishing is the fact that it continues to work. The intelligent response is to try to understand why it's not failing. The idiot response is to think your theories matter more than reality.
If California continues to eliminate nuclear and gas and marches to the 18th century, the real alternative energy will be wood. The increased logging will probably lead to the thinning of forests and fewer forest fires, but the risk of fire & suffocation at home & no electricity.
California tech companies all have their own private glorious hydrocarbon generators which provide enormous amounts of high power, on demand, 24/7/365.
They are constantly virtue-signalling about renewable bullshit only because they haven't tried running their servers on it.
An entire generation of children will be set back for life by the insane hysteria of immunocompromised fat cowards:
"The state Department of Education projected 50% decrease in reading proficiency rates and a 65% drop in math among third graders." apnews.com/7cc2dfccabec0c…
My daughter is 4 and my life from now on will be optimized to make sure she never has to wear a face-diaper or be part of any institution influenced by the hysterical pseudoscientific germophobe cult of cowards. I'll do whatever it takes.
Children are at more risk from lightning than coronavirus. If your child's school has changed anything because of coronahysteria, then this isn't a place to advance your child's life and interest, but to use him as a political prop.