this post was submitted on 03 Oct 2025
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United States | News & Politics

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[–] NaibofTabr 44 points 1 day ago (7 children)

Yikes... this one right here:

(about halfway down)

my economics education is admittedly limited, but that seems terrifying... that says that the entire economy is a speculative bubble, since long before I was born... and this graph ends before the internet, before the dotcom bubble, before the accelerating cycles of VC tech speculation that have happened since... I have to imagine an updated version of this would look much worse.

My only complaint is that I think a lot of these graphs should be on logarithmic scales.

[–] 1984@lemmy.today 11 points 1 day ago* (last edited 1 day ago) (5 children)

Because money is created in computers and have no real value. Its a virtual limitation humans have created. The banks "print" more when they get instructed to. Inflation increases but that only affects poor people. Rich people keep getting richer since they own all the resources humanity needs to get food, housing and various equipment.

Money decreases in value every year, so unless stocks go up, you lose money every year. If you dont have savings in stock, you are losing money every year. Stock market savings is therefore not optional in this system.

Its all based on debt in the end. With debt, people cant easily get out of the system and needs to keep paying interest for their entire lives.

[–] ScoffingLizard@lemmy.dbzer0.com 1 points 1 day ago (1 children)

Unless you get gold boullion. That always goes up.

[–] village604@adultswim.fan 1 points 1 day ago

Until we get around to mining asteroids.

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