Eight Trillon to the moon and back.

[OptionsOptionsOptions]

My stack of $100s is measured in centimeters.

 

[Overnight]

My stack of $100s is measured in centimeters.

Mine is measured in yoctometers. Therefore, I win. Physics, dude.

 

[jys78]

I just don't get the argument in the first place. Capitalist dogma is that wealth creation isn’t finite. Are you suggesting, like socialists the world over, that it's not? Or are you complaining because you thought you were wealthy until your neighbor showed you what wealth is?
Concerned with the debasement of your currency? To me it's the same concern as that of a giant asteroid hitting the earth and, if that's your biggest concern, you really have none.

This. "Currency debasement" LOL who cares? The dollar is already down 99%+ when you look at a longer time frame. All that matters is relative... if you tack another two or three zeros onto everything, nothing has really changed. So relax.

 

[Overnight]

This. "Currency debasement" LOL who cares? The dollar is already down 99%+ when you look at a longer time frame. All that matters is relative... if you tack another two or three zeros onto everything, nothing has really changed. So relax.

If I came to you and gave you 1 million USD paper dollars, would you burn it in the fireplace?

There's music for that...

 

[momo3HC]

I think perhaps you meant the current US deficit, not 8 Trillion dollars because $241 T only covers 68% of the distance between earth and the moon. from Dr. Google "One hundred $100 bills ($10,000) makes a 1.09cm-thick stack, so a million dollars stacked is a little over a meter, a billion dollars is a little over a kilometer, and $241 trillion makes a 262,000km-high stack, which reaches 68% of the way to the moon."

Don`t worry. With the unstoppable USD printing soon we`ll cover the whole way.

 

[hedyellsworth]

@jys78 I really don’t understand why you don't care about currency debasement. It will decrease the purchasing power and produce higher inflation. No one can remain unbothered with this.

 

[jys78]

@jys78 I really don’t understand why you don't care about currency debasement. It will decrease the purchasing power and produce higher inflation. No one can remain unbothered with this.

If everything costs 3X as much but my assets are worth 10X as much, I will be OK.

 

[S2007S]

That's not That mind boggling. That's similar to saying there are more stars in the universe than grains of sand on planet earth.
Expand your horizons, see the much greater wider picture that most people fail to initially perceive and grasp.

More stars than grains of sand...yep heard that one many times. Hard to fathom though. Maybe some of space people who have traveled outside out universe would definitely clear up that "factoid"

 

[SPX Options Trader]

Hard to fathom
Maybe some of space people who have traveled outside out universe would definitely clear up that "factoid"

Space...and all its mysterious.
How much do you think humans, truly, understand about it ...Humans understand 100% of Space.... 90%, 76%, 44%, 23%, 9%, 2%, .088%, .0003%, .00000061%, .000000000677%, .0000000000000000000451%, 0%. I can only imagine how many factoids and information stored in books, the web, about Space is truly accurate.
A wise man knows how much he doesn't know. There's not many wise people who trade. But you have a ton of happy-go-lucky gamblers who think they know something.