Incubajerks
Registered User
Pi is a scam. At best you won't make any money.
The scam is going open network in 8 days, 20th February. already listed on OKX and more to follow. I am really curious.
Pi is a scam. At best you won't make any money.
Make sure you sell ASAP, it's going to dump FAST!!The scam is going open network in 8 days, 20th February. already listed on OKX and more to follow. I am really curious.
No thanks, gonna hold!Make sure you sell ASAP, it's going to dump FAST!!
Bought around 270 … 298 alreadyBought 15 shares of coinbase today .... lol
4 months after I was first being told to buy
Ok, well I tried to warn you![]()
Oh ok, i didnt look into it too much, thought it was all available to sell starting todsy. So who cam sell and who’s is still locked up for another year?The fact is that I have little availability as the bulk is locked until spring 2026. Obviously if the initial value is outrageous I will sell immediately, alternatively I was thinking of buying. We will see. What do you think?
209.80Bought around 270 … 298 already
Nope. Continue to DCA.Anyone pulling out of the market heading into April 2nd?
Each of my points are rooted in basic economic principles and facts. If you want, I can elaborate a little further and walk you through it.So you provided no links, facts or evidence to back up anything you say. Do you have proof the revenue will shrink? Do you have proof of anything you write here? Please tell me you have actual evidence to back up all of your claims and hyperbole?
If you are such an expert that knows more than economists who predict 2 trillion in tariff revenue what are you doing posting here? You should be advising multinational companies but then again like I said you provided no proof of anything you write where I do provide proof. Reading your post the only thing I see is hurt feelings.
The majority of that inflation was caused by the stimulus the government (both previous administrations by the way) had to inject into the economy to avoid entering a recession caused by the pandemic. This action, which was also undertaken by several other countries around the world, if it had not been taken likely leads to a global economic crash. Would you have preferred post 2008 conditions?The previous administration caused 23% inflation over 4 years costing the American tax payers over 5,000 dollars a household. You want to talk about money wasted? The last administration was forgiving student loans, paying for foreigners in hotels, food, clothes, phones, cars.....but now you are upset about costs?
Ok so you've thrown out a lot of different points in this last bit, and I will try my best to address them however I do not feel like going off on tangents.If baffling people just now are concerned about costs while mortgages doubled, homeless hit record levels, housing costs doubled, credit card debt hit record high over the last 4 years but NOW you are upset over costs. I remember when gas was 2.50 a liter and the government and left told us go by an EV if you don't like the price of gas and now the left are firebombing them.
We wouldn't be here if the last administration but America first instead of everyone else
I have no sympathy for democrat/liberal voters complaining about the cost when I go to the grocery store and many prices have doubled because of the way the last administration handled things.
I applaud you for explaining all of this so clearly.Each of my points are rooted in basic economic principles and facts. If you want, I can elaborate a little further and walk you through it.
1) When prices increase, demand decreases. The tariffs are being used to decrease reliance on foreign imports and bolster domestic production. If you decrease imports, it logically follows that the revenues from those imports will also decrease. You can't implement policy that is designed to have widespread effects and then ignore those effects.
2) It takes time and knowledge to build new supply chains for products. A recent example is how various global supply chains were thrown out of whack by the pandemic and numerous industries had to scramble to find alternative solutions or get them back on track. That was for supply chains that were already established. Now the expectation is to bring up brand new domestic supply chains, which is complex and requires specialized knowledge that is not available. Meanwhile, people still need to make purchases so they source from the limited domestic options, which are more expensive than the foreign sources, or buy tariffed foreign goods. Either way, they get less for their money so they buy less.
3) Again, basic economics states that companies won't invest if there is no benefit to them. They can pledge all they want, and start exploring investments to minimize the effect of the tariffs on their bottom line. However, once the motivation disappears so will those promised investments.
Great example of promising big and under delivering is Foxconn in 2017, who received massive corporate welfare btw. Wisconn Valley Science and Technology Park - Wikipedia
I'm not claiming to be an expert, I am simply bringing up points that are ignored by lots of the people in support of this policy and being critical of their decisions. I don't attribute any value to blindly following what politicians proclaim no matter where they are on the spectrum. It should be noted that there has been more push back by economic experts on this matter than those in agreement and that the economic consensus has been against them for the past 95 years.
The majority of that inflation was caused by the stimulus the government (both previous administrations by the way) had to inject into the economy to avoid entering a recession caused by the pandemic. This action, which was also undertaken by several other countries around the world, if it had not been taken likely leads to a global economic crash. Would you have preferred post 2008 conditions?
Ok so you've thrown out a lot of different points in this last bit, and I will try my best to address them however I do not feel like going off on tangents.
- Yes, mortgage rates increased to counter inflation. The cost of housing also increased, has it has been for several decades. There are more efficient measures at addressing these issues, such has implementing policies that will increase the supply of new housing.
- Homelessness is a byproduct of the point above, and treating housing more like a commodity rather than an appreciative asset, would help decrease the rates.
- High credit debt and spending signifies that the population is spending more.
- Not all EVs are being firebombed, only some from a company owned by a fairly divisive public figure. To borrow a term, maybe he should "shut up and dribble".
- Championing a policy that will further increase prices and make your country poorer in the long term is not an appropriate solution to the problem.
Still no links provided, no proof or evidence of anything you write.Each of my points are rooted in basic economic principles and facts. If you want, I can elaborate a little further and walk you through it.
1) When prices increase, demand decreases. The tariffs are being used to decrease reliance on foreign imports and bolster domestic production. If you decrease imports, it logically follows that the revenues from those imports will also decrease. You can't implement policy that is designed to have widespread effects and then ignore those effects.
2) It takes time and knowledge to build new supply chains for products. A recent example is how various global supply chains were thrown out of whack by the pandemic and numerous industries had to scramble to find alternative solutions or get them back on track. That was for supply chains that were already established. Now the expectation is to bring up brand new domestic supply chains, which is complex and requires specialized knowledge that is not available. Meanwhile, people still need to make purchases so they source from the limited domestic options, which are more expensive than the foreign sources, or buy tariffed foreign goods. Either way, they get less for their money so they buy less.
3) Again, basic economics states that companies won't invest if there is no benefit to them. They can pledge all they want, and start exploring investments to minimize the effect of the tariffs on their bottom line. However, once the motivation disappears so will those promised investments.
Great example of promising big and under delivering is Foxconn in 2017, who received massive corporate welfare btw. Wisconn Valley Science and Technology Park - Wikipedia
I'm not claiming to be an expert, I am simply bringing up points that are ignored by lots of the people in support of this policy and being critical of their decisions. I don't attribute any value to blindly following what politicians proclaim no matter where they are on the spectrum. It should be noted that there has been more push back by economic experts on this matter than those in agreement and that the economic consensus has been against them for the past 95 years.
The majority of that inflation was caused by the stimulus the government (both previous administrations by the way) had to inject into the economy to avoid entering a recession caused by the pandemic. This action, which was also undertaken by several other countries around the world, if it had not been taken likely leads to a global economic crash. Would you have preferred post 2008 conditions?
Ok so you've thrown out a lot of different points in this last bit, and I will try my best to address them however I do not feel like going off on tangents.
- Yes, mortgage rates increased to counter inflation. The cost of housing also increased, has it has been for several decades. There are more efficient measures at addressing these issues, such has implementing policies that will increase the supply of new housing.
- Homelessness is a byproduct of the point above, and treating housing more like a commodity rather than an appreciative asset, would help decrease the rates.
- High credit debt and spending signifies that the population is spending more.
- Not all EVs are being firebombed, only some from a company owned by a fairly divisive public figure. To borrow a term, maybe he should "shut up and dribble".
- Championing a policy that will further increase prices and make your country poorer in the long term is not an appropriate solution to the problem.
OkStill no links provided, no proof or evidence of anything you write.
If you cant prove what you write there is no point in taking it seriously.
You said pledges by corporations and publicly traded companies to spend trillions means nothing.
No, it doesn't mean nothing. It means they pledged to spend money in the economy. Thats not nothing thats a pledge. So you claim that nvidia is defrauding shareholders because they are making misleading statements,. That it doesn't actually mean they will spend the money they are just kissing Trump's ass? You actually think publicly traded companies are lying to shareholders. Did you provide proof of your claim? That they have no intention of spending the money? No you don't.
Thats why you cant be taken seriously.
Source - Trust me bro.
Did you not claim that pledges mean nothing because no one is forcing them spend the money?
He literally provided you an example of this happening before.Did you not claim that pledges mean nothing because no one is forcing them spend the money?
So you claim CEO's of publicly traded companies are what? Lying? Kissing the president's ass? Committing fraud by misleading the shareholders?
It was you I think that claimed these CEOs are committing fraud and provided no evidence that they are doing this. Basically calling them all liars.
Yes, a pledge is different from an actual investment. It means at this point in time you are promising to spend money in the future. The companies involved could and probably will end up spending less than they pledged. Less than 100% of the money that has ever been pledged by corporations, politicians and philanthropists in the past has ended up being actually invested.Did you not claim that pledges mean nothing because no one is forcing them spend the money?
No, pledging money and then not spending the full amount later on is not fraud. There are many valid reasons a company may not want to follow through afterwards:So you claim CEO's of publicly traded companies are what? Lying? Kissing the president's ass? Committing fraud by misleading the shareholders?
It was you I think that claimed these CEOs are committing fraud and provided no evidence that they are doing this. Basically calling them all liars.