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RE: Pickpockets of the Future

in LeoFinance3 years ago

My first payment for paid work was many years ago, when I was just 16 years old and preparing to start university. My dad always instilled in us the motto: “… never spend what you haven't earned yet…”, wise words from my father. That advice has stuck with me ever since.

My mother also influenced us with her way of thinking, she used to tell us: “if you don't work, you don't eat…”, “if you don't study and prepare for the future, you will be a failure”. Today, these teachings ring in my ears and I communicate them to those young people thirsty for success that I have met along the way.

But what does all these have to do with the topic raised by our virtual friend @tarazkp, it's simple… My mathematical studies related to the world economy are based on the perspective of a quantum model. A single particle, whether positively charged or negatively charged, will unequivocally alter the equilibrium state of the model/system, as it suits them best.

The idea that has been around since time immemorial is that “all investment must generate profit”, and of course that is the goal of the investor, isn't it? You are not going to deposit a certain amount of money in the hands of anyone, no matter how friendly it may be, without a minimum guarantee, unless it is ill-gotten money that you have left over, he, he, he…

Parasitism is taking over the whole world; people now want to have the basics without any effort... That parasitic model must be changed to one where work is valued. Values that are instilled in producing for a living and giving back to the system, whatever it may be; so that it is strengthened. In blockchain, for example, the majority publishes with the intention of earning and earning; that's fine, but it is the minority who reinvest profits from their portfolios to strengthen the platform. Any system that dries up and takes it out and doesn't put it in, ends up emptying itself…. Then we wonder what happened?

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“… never spend what you haven't earned yet…”,

And this is exactly what governments do. Except they don't earn it, we earn it for them.

A single particle, whether positively charged or negatively charged, will unequivocally alter the equilibrium state of the model/system, as it suits them best.

And it changes everything else, depending on what movements it makes.

“all investment must generate profit”

However, what bout changing the paradigm and instead have, "investments need to generate wellbeing" ? A parent for example would invest into their child for wellbeing, not profit. If it doesn't help us develop wellbeing, why are we doing it?

people now want to have the basics without any effort...

And more. I call it "workless wealth"

In blockchain, for example, the majority publishes with the intention of earning and earning; that's fine, but it is the minority who reinvest profits from their portfolios to strengthen the platform.

Yet, most seem to think that strengthening the platform is not their job, and simultaneously complain that the whales don't vote them :)

Then we wonder what happened?

Exactly.

I don't know but there's probably being too conservative at some point. Not decided if it's time to invest into another business attempt, yet. It would be moving away from producing needs and into providing wants. But that's in a small town where young folks are kind of bored and moving away from. It could be just that I myself miss some of the entertainment I'd like to share.

Done on the right scale, though, it could be a good way to hunt for and support talent.

The problem is, I might want to have it as a policy but as a profit generating endeavor...that would be questionable. So I need more income to be able to spend some before getting to a good ROI phase, perhaps many months or a few years from now, if ever. Things are being made ever more complicated. Fixed expenses are too high for a small scale operation.

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And the choice is...should I just start and burn through the fund that was otherwise designated as my 6-months emergency reserve. Which depreciates while sitting there as a liquid reserve.

I am moving towards saving into not cash but precious metals, next, I guess.

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That said, it seems that the way to start anything without burning through emergency funds/investment opportunities/savings is through a solid plan backed by...borrowing...and then more borrowing when you need to adjust. Not mentally ready to do that. The solid plan needs to come first.

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Another personal example: About 18 more monthly installments left to pay off the car but I am not in a hurry there. I could do it right now and get rid of that debt but in an inflationary environment I am kind of giving less when postponing. Not more than the initially agreed upon is asked of me, anyway. Not yet, at least. It's fixed in Euro.

But will there be any Euro or USD this time next year? Some say the BRICS alternative commodities-backed new world reserve currency plan looms on the horizon. That's why I think it's time for gold and silver to...wait for it...shine.