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Joined 1 year ago
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Cake day: July 10th, 2023

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  • Yeah don’t listen to Dave Ramsey. I remember hearing him speak on TV as a kid and something just felt off about him, but not quite as bad as Suze Orman.

    I don’t think he’s a scammer, and some of the stuff he says is perfectly sensible and useful, but he (a boomer) also gives advice that isn’t how he got rich, to millennials and co, who will never ever get rich following it. Structurally that makes him pretty out of touch, and suggests anyone who listens to him should do so critically.

    That’s putting aside that he’s also kind of just telling people to do capitalism harder, and everything that comes with that.




  • It’s a question of the most stable thing to use to mediate value for exchange of goods and services, right? Fiat currency is just the choice of “the state” as a stabilizing force. Certainly it’s better than trusting the scarcity of rare metals, but eventually “just trust the state” will become a problem, and we’ll need to think about rebasing currencies. In theory, computational complexity isn’t a bad choice, but nobody has come up with a solution that actually functions well as a currency.

    But I agree, the finite planet has nothing to do with any failings of fiat currencies, and only makes sense as a failing of the “number must go up” mentality endemic to capitalism.