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gakdudes.bsky.social
Gakdudes
@gakdudes.bsky.social
I fell from the bluesky
Nooooooooo
February 25, 2025 at 8:10 PM
However if it's value is plummeting people run to exchange it for something else, which can become a death spiral, like the guy that keeps putting on more and more cologne cause he can't smell what he's wearing.
What I'm saying -is tronald dump stinks. /x
February 11, 2025 at 8:54 PM
so it is rarely put to any good use. Of course if just one person collects it all, it becomes worthless.
However if the value is expected to be less tomorrow then people will put the money to use, either buying things or investing in businesses. 4/x
February 11, 2025 at 8:54 PM
When there is a finite amount of something, say money, then people tend to hoard it as they expect it will go up in value then. Bitcoin is a good example of this, there will only ever be a certain number of bitcoin. People hoard it because they expect it will be worth more tomorrow, 3/x
February 11, 2025 at 8:54 PM
The new US top economic advisor Hasset also signaled they intend to put the great US economy into a recession (increased labor supply, reduced demand).
Inflation is like cologne, one of those things where a little is good, but too much is bad.
2/x
February 11, 2025 at 8:54 PM
Perfect
January 29, 2025 at 6:54 AM
This doesn't make sense in my brain
January 27, 2025 at 2:41 AM
I love it but I already unlocked everything...
December 31, 2024 at 2:59 AM
Could you imagine
December 1, 2024 at 8:39 AM
We aren't. You are.
December 1, 2024 at 8:20 AM
Canada and Mexico need to stand together and call the bullies bluff
November 26, 2024 at 9:42 PM
Cause they are pro-power first of all.
November 25, 2024 at 9:16 PM
I'm holding out for virtual boy 2
November 25, 2024 at 9:15 PM
Yeah I thought they were terrible before they became an obsession
November 25, 2024 at 9:09 PM
I turn them on when I hit rock Bonham.
November 25, 2024 at 8:55 PM
I have the opposite relationship. I try not to play them cause I know I'll end up cranking it to 11.
November 25, 2024 at 8:53 PM