How money works
Since I no longer think we will be going to space anytime soon warning climate change youtube channel. I have been stressed out and trying to figure out what to do. In that time, I had an epifiany about A.I., (G)adult (O)santa (D)claus, Bitcoin’s proof of work system, and since everyone gets one conspiracy theory to believe in, I found mine [I think there is a fascism uprising in the mist, but shhhh]) and it seems luck may have put me in a place I can do something about at least some of that wild mess. I am taking the time to figure out how money and finance really works. If you are also interested, please join me. I hope to figure out how to get disqus.com working again.
Bullet points will be updated with links as they I write them out.
Table of Contents
- Governments – Entities that cannot fail
- Debt – Basically Bitcoin mining humans/human labor
- Money – Designed to inflate at target rate (2% YoY)
- Work – Why politics will be the largest hurdle in actual wage increases ($20 minimum wage, plz)
- Value Generation –
- Extraction
earth -> raw materials/commodities - Manufacturing
raw materials -> products - Business and Finance
products/services -> consumer - my absolute favorite: Advertising
consumer -> product
- Extraction
- Proof of Work system and Artificial Intelligence
- Theory: Money as an extension of Consciousness
- Modern Value Generation: Trick is liquidity?
- Financial Instruments: Hedging, Gambling, and Diversity
- Bonds and the Bond market
- Gold plus the Commodies market
- Currencies and the Forex market
- Real Estate and the Housing market
- Stocks and the Stock market
- ETFs/Funds and the Average Joe’s Investments (got VOO?)
- Options and the Casino
- Futures
- Crypto and Bitcoin
- Art and Collectables
- Risk Management and IRLs
- Yen Carry Trade
- Private/Black/Dark/Hidden Money/Equity/Pool
- Hedge funds
- Low Yield Savings Accounts vs An Actual Savings Account (currently 3.65% at Marcus-GS)
- Taxes
- Why the billionare class need to pay their fair share – let them run away
- Why Tax Returns are a scam: make sure to update your W-4 so you dont give the government an interest free loan for a year!