Was at the strip club last night - insight into what's on the horizon economically and socially

[EyeBRollin]

During inflation, your assets do not increase in value, assuming everything else is constant.

Might want to rethink because this is completely wrong. What causes inflation?

A lot of you guys have a scarcity mindset and it is spilling into economic interpretations.

 

[DonJuanjr]

A lot of you guys have a scarcity mindset and it is spilling into economic interpretations.

It must be nice knowing that big daddy government is always there to tuck you in at night.

 

[biggoal]

Buddy boyos,

So I was at the strip club last night getting my swerve on. The club was jam-packed with strippers and patrons. Here's a synopsis on what I observed:

* The dancers were hustling hard trying to sell dances and VIPs. They were pushy and aggressive. You can clearly see that there are "cliques" or "gangs" amongst the dancers. These different cliques of females are competing with each other to sell dances. They talk smack about dancers not in their clique and they undercut each other on prices for services.

* There were tons of male patrons. It was all age groups of guys, from early 20s up through 60s. But NO ONE was spending money, either at the tip rail or getting dances and VIPs. All these dudes were broke.

* Another thing I noticed was 90% of these guys were not particularly attractive. They had poor facial aesthetics, thinning hair or receding hairlines, overweight, dress sloppily, had poor hygiene. But this is to be expected, because when a man is broke he can't afford to take care of his appearance by eating a good diet and having access to proper gym facilities.

Most people are suffering in this hyper-inflation economy. We're basically the Weimar Republic now....

Gas prices are insane, housing costs are insane, food prices are skyrocketting, wages are stagnant.

The next 5 years will be rough. But women have a better chance of surviving than men because women can resort to side hustles like escorting, OnlyFans, stripping, and dinner-hustling men....

But most men are utterly screwed economically and socially. The sad reality is that most men will NOT survive the next 5 years.

If you're a young guy in his early 20s, your #1 priority is to take care of your health, your next priority is to get an education and establish a career path.

If you can survive the next 5 years you'll be drowning in pvssy because most guys will have been weeded out.

For guys like myself in their late 30s, our priority is to maintain ourselves financially and more importantly maintain our looks. If we manage to survive, we'll have more access to hot young women simply due to a shortage of men....

You boyos had better start learning how to network and develop financial and social circles if you wish to come out of this hyper-inflation situation.

Ive only went to strip clubs a couple times. Most of the men looked on the older side, mid 40s and older, likely divorced.

I think they're a waste of money. Seeing trashy, naked women and not smashing. Like going to a car dealer and not able to buy a new car. Pointless. Cheaper to just use porn hub.

 

[SargeMaximus]

Inflation is the reason for the commodity boom. Which I warned you guys about last year. Oh well

 

[Plinco]

Might want to rethink because this is completely wrong. What causes inflation?

A lot of you guys have a scarcity mindset and it is spilling into economic interpretations.

@Billtx49 I've noticed 'likes' the comments of people who disagree with me, not always, but enough that I noticed a pattern.

I don't have a scarcity mindset, I just know how economics works. Probably my favorite equation came from Irving Fisher

MV=PY

M=supply of currency
V=money velocity
P=price level in the economy
Y=economic output of the economy

If you were to hypothetically hold V and Y constant, then an increase in M increases P. If you were to hypothetically hold M and Y constant, an increase in V increases P. If you were to hypothetically hold M and V constant, then a decrease in Y increases P.

Due to government interventions we are seeing massive increases in M and decreases in Y, (V is a product of age demographics and overall economic outlook), thus a rise in P.

Is this simple enough?

 

[Plinco]

you need to own land. It’s pretty much the only thing with true value, despite the funny money games. You also need to be able to defend and protect the land you own. Anything you possess, you own. You don’t want to be in any debt right now.

Aside that, maybe stock up on lot of things that will be valuable on the wasteland. Things like lighters, knives and gear to help you survive. A tin of tuna might be worth more than an iPhone soon.

I would describe it as owning assets, tangible or intangible. Learning and getting tools for self-defense, buying income producing assets, etc.

 

[zekko]

For guys like myself in their late 30s, our priority is to maintain ourselves financially and more importantly maintain our looks.

If it's a survival situation as you say (and even if it isn't), I think your priorities there are backwards. I guess you're talking in the context of getting women though. Which if it's a survival situation shouldn't be a top priority, it might even be a hindrance.

Everyone I know is getting unsolicited WFH job offers. This is one of the best employee markets in decades. Now hiring signs are everywhere.

You have to be willing to work, which not everyone is.

 

[Plinco]

So true. Being smart, skilled, knowing how to fight. Knowing how to hunt. All very valuable. You could hire yourself out as a handyman for 10 tins of tuna per hour on the wasteland.

Exactly. Knowing how to fight is a big one. Also knowing a trade is good too. I used to work as a butcher while in college, maybe that will come in handy if things get really bad; people still gotta eat.

 

[EyeBRollin]

@Billtx49 I've noticed 'likes' the comments of people who disagree with me, not always, but enough that I noticed a pattern.

I don't have a scarcity mindset, I just know how economics works. Probably my favorite equation came from Irving Fisher

MV=PY

M=supply of currency
V=money velocity
P=price level in the economy
Y=economic output of the economy

If you were to hypothetically hold V and Y constant, then an increase in M increases P. If you were to hypothetically hold M and Y constant, an increase in V increases P. If you were to hypothetically hold M and V constant, then a decrease in Y increases P.

Due to government interventions we are seeing massive increases in M and decreases in Y, (V is a product of age demographics and overall economic outlook), thus a rise in P.

Is this simple enough?

There is nothing wrong with the equation it is your interpretation that is poor. Government interventions are not the root cause of inflation. It is the contrary, they react to what is going on in the economy. Hence, the central banks manipulating M which is what they are about to do again with interest rates.

A lot of people just use inflation as a concept to bvtch and complain about government. Government intervention is not the cause my 5 year old car to increase $4,000 in value last year. It’s not the cause of my house appreciating 15% in the last 12 months.

At the end of the day, it all comes down to supply and demand. If you want to be top tier maybe you should think about owning tangible assets of value.

 

[Plinco]

Government interventions are not the root cause of inflation. It is the contrary, they react to what is going on in the economy. Hence, the central banks manipulating M which is what they are about to do again with interest rates.

Technically the central bank of the United States, the Federal Reserve, is a private bank, or quasi-private, since the Fed enjoys certain legal privileges. The Fed allows the government to increase the currency supply in order to transfer wealth for deficit spending, wars, etc. from the productive classes of people. Increasing the currency supply does not create wealth.

When the central bank manipulates interest rates, it's setting a price for borrowing; it's central planning. When a central authority sets prices, especially for currency, it changes incentives in such a way that causes long term economic miscalculation. This economic miscalculation, along with age demographic trends, are two of the most important ingredients of what causes financial bubbles.

 

[EyeBRollin]

Technically the central bank of the United States, the Federal Reserve, is a private bank, or quasi-private, since the Fed enjoys certain legal privileges. The Fed allows the government to increase the currency supply in order to transfer wealth for deficit spending, wars, etc. from the productive classes of people. Increasing the currency supply does not create wealth.

When the central bank manipulates interest rates, it's setting a price for borrowing; it's central planning. When a central authority sets prices, especially for currency, it changes incentives in such a way that causes long term economic miscalculation. This economic miscalculation, along with age demographic trends, are two of the most important ingredients of what causes financial bubbles.

The Fed is not “private” it is independent within the government meaning not subjected to the pressure of politicians. It does not regulate interest rates to “fix” the economy. That sounds like straight out of a conspiracy theory blog.

Again, I’ll re-iterate that it is not the government that causes inflation. This inflation is global in nature and is caused by supply shortages. The single most influential price for inflation is oil. So buckle up and brace yourself for fallout over what is happening in Ukraine.

 

[Billtx49]

@Billtx49 I've noticed 'likes' the comments of people who disagree with me, not always, but enough that I noticed a pattern.

I ‘like’ posts that I completely agree with. A quoted post and it’s author don’t figure into that equation.

 

[Plinco]

The Fed is not “private” it is independent within the government meaning not subjected to the pressure of politicians. It does not regulate interest rates to “fix” the economy. That sounds like straight out of a conspiracy theory blog.

Again, I’ll re-iterate that it is not the government that causes inflation. This inflation is global in nature and is caused by supply shortages. The single most influential price for inflation is oil. So buckle up and give thanks to Vladimir Putin.

My favorite academic subject is economics. I've read them all, from Keynes to Mises. I have a dozen or so economic text books in my closet, plus I've read many more that I no longer own. This supply shock theory is Keynesian, he is wrong. I don't think I am going to convince you of that. If you are really interested in macro-economics, then I challenge you to read a variety of theories without getting butt hurt, and think logically and independently.

 

[EyeBRollin]

My favorite academic subject is economics. I've read them all, from Keynes to Mises. I have a dozen or so economic text books in my closet, plus I've read many more that I no longer own. This supply shock theory is Keynesian, he is wrong. I don't think I am going to convince you of that. If you are really interested in macro-economics, then I challenge you to read a variety of theories without getting butt hurt, and think logically and independently.

Id rather not. I was just making the point that everyone equates money supply to inflation when the evidence tells a different story. And I’m already seeing people blaming the $4/gallon gas on Covid-19 stimulus despite the price jumping 15% in the past week. It shouldn’t be too hard to connect the dots.

Being a male self-improvement forum I would hope more guys would see times of crisis as opportunity. If aren’t capitalizing on inflation, perhaps one should own more things in short supply.

 

[Zimbabwe]

The Fed is not “private” it is independent within the government meaning not subjected to the pressure of politicians. It does not regulate interest rates to “fix” the economy. That sounds like straight out of a conspiracy theory blog.

Again, I’ll re-iterate that it is not the government that causes inflation. This inflation is global in nature and is caused by supply shortages. The single most influential price for inflation is oil. So buckle up and brace yourself for fallout over what is happening in Ukraine.

Both nations agreed to meet in Turkey for peace talks so hopefully the war ends and we don't have this doomsday collapse.

Russia agrees to negotiations in Turkey

Russia agrees to negotiations in Turkey

www.pravda.com.ua

 

[Plinco]

Being a male self-improvement forum I would hope more guys would see times of crisis as opportunity. If aren’t capitalizing on inflation, perhaps one should own more things in short supply.

That's a good attitude to have.

For arguments sake, inflation was a topic months before the Russian Ukrainian war.

 

[Plinco]

Both nations agreed to meet in Turkey for peace talks so hopefully the war ends and we don't have this doomsday collapse.

Russia agrees to negotiations in Turkey

Russia agrees to negotiations in Turkey

www.pravda.com.ua

I don't think so. I've studied Russia and its geopolitical strategy. The Russians are going to want it all. It doesn't look like they are going to win this before the Ukrainians are going to have to start planting their wheat. There's going to be food shortages and instability in the Middle East.

The latest wheat can be planted in that part of the world is April.

 

[Zimbabwe]

I don't think so. I've studied Russia and its geopolitical strategy. The Russians are going to want it all. It doesn't look like they are going to win this before the Ukrainians are going to have to start planting their wheat. There's going to be food shortages and instability in the Middle East.

The latest wheat can be planted in that part of the world is April.

He needs to be pragmatic, if he gets Luhansk,Dontesk and crimea that still would be a victory plus the sanctions will end. There is no way he can get the whole of Ukraine.

 

[Xenom0rph]

Pvssy hyper-inflation, economic hyper-inflation, stagnant wages, high cost of living - Welcome to the Weimar Republic 2.0

 

[EyeBRollin]

Pvssy hyper-inflation, economic hyper-inflation, stagnant wages, high cost of living - Welcome to the Weimar Republic 2.0

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the USA in 2022 bears no similarities to the Weimar Republic. Nor does the UK, Canada, Australia… wait, do you think inflation is only in the USA?