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blks 2 hours ago

In the current economic system, if capital is not growing, it’s reducing.

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MikeTheGreat 2 hours ago | parent [-]

Can you explain this further?

For example, if the market cap is $6B and has been for years, how is that reducing?

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reverius42 2 hours ago | parent | next [-]

A bank account (or a spread of bank accounts across different banks to stay under the FDIC insurance limit per-account) is way, way, way safer than a flat market cap publicly traded company -- and with the same or perhaps better rate of return. Stocks are "supposed" to give better rates of return than "flat", in exchange for the higher risk.

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jacobgkau 2 hours ago | parent | prev | next [-]

I think they're saying that inflation means the $6B is reducing in buying power.

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dchevell 2 hours ago | parent | prev | next [-]

inflation … ?

	▲	reverius42 2 hours ago \| parent [-]
		My rule of thumb is inflation will eat half your principal every 20 years unless you're growing. An average of 3.5% growth will double every 20 years.

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BoorishBears 2 hours ago | parent | prev [-]

HDDs, SSDs, RAM for their servers are all up what, anywhere 50% to >100% for the year?