create account

Overinflated and Underhyped by tarazkp

View this thread on: hive.blogpeakd.comecency.com
· @tarazkp ·
$50.19
Overinflated and Underhyped
<div class="text-justify">

I was reading today how one state in Australia is introducing "Covid Tax" to recoup *some* of the money they spent through mismanagement of public finances to help enable the fastest change in wealth from poor to rich ever. While they were convincing people to take out massive home loans, the governments were taking out massive Covid loans, as if interest rates were never going to go up - even though they were injecting this massive amount of "thin air" money into the economy to spend on a limited amount of goods and services. 

> That isn't going to cause inflation.

![image.png](https://files.peakd.com/file/peakd-hive/tarazkp/23yJCYbpsnk5yor7M1RcRs1mQ39btSMjbVFuG3UiSPgquJtUmHyXud51h8nVEoSfhj1hJ.png)


>Oh, yes it is.

And the response to inflation? 

>Increasing interest rates. 

So, the governments borrowed trillions of dollars globally, handed it to people and corporations through various mechanisms, the people put it into the hands of the corporations, the corporations invested it into the stock markets driving values up to highly inflated levels. The inflation was there, it just wasn't yet in the goods and services. Then, when the correction came and it was divested, the world was flooded with devalued cash, driving the costs of living up. 

The situation is that people are saddled with more debt on overinflated housing costs, facing increasing cost of living prices, increased energy and utility prices and increasing interest rates, which increase their debt obligations. Then, they are having to cover the failure of government financial decisions now and into the decades to come. 

>How many times can people be screwed over?

And, remember, that while "Covid" is going to be the scapegoat argument, the fact is that a lot of the mismanagement was happening behind the Covid curtain. The scale of this is incredibly large, but we will likely never actually know how screwed over we have become, other than feeling very, very sore for the rest of our lifetimes. 

There is a certain kind of cruel in the way governments operate and we seem to have accepted it as the way it has to be. We make the assumption that there is no alternative system, that we are unable to organize ourselves, that centralized control is safer, even though the opposite is true. 

I was asked about CBDCs the other day and whether that is the future and I replied, *yes.* Not because I want it to be, but we are so brainwashed as a mass, that the vast majority of will buy into a story of convenience, where they will tout the CBDC as having all the plusses of crypto, without the risk of crypto, because it is backed by central banks.

>Fuck!

Central banks back the economy we have now!!

The sheer level of gall that the governments have should be admired. They believe that they are "too big to fail" because they see themselves as outside of the economy, like a godly figure that creates the universe, not a product of the universe itself. But, *every* centralized authority in history has failed.

>Every one.

History will repeat again. 

Yet, that history isn't pleasant, it is disruptive. It isn't smooth, it is violent. The failure of centralization is the collapse of whatever society is tied to it at the time and it brings a lot of pain to all concerned. It is like a van full of people not wearing a seatbelt, tearing down the highway when a front tire blows out - 

*The survival rate is low.* 

>The wheels are coming off.

And we can hear the car making noises it shouldn't, but instead of slowing to a stop to investigate, we turn the radio up and ignore it. After all, we are in a rush to get to wherever we are going and stopping would be inconvenient. 

Regardless how they will fight it, the future is decentralized and that is the actual ongoing battle around the world, even though most do not realize it. Authority is continually trying to maintain power by expanding their control, but in so doing, they are actually pushing people closer to the edge of non-compliance, where rebellion will take place. 

Civil unrest hasn't been as high as it is currently for some time and just like the economy, once collapse happens in one place, it can set of a chain reaction. The economy is global, and so is the culture, which is part of the reason that social movements driven through media have so much reach. Once the riots begin, they will spread, driven by the desire to create drama for attention in order to monetize it. Similar to the Arab Spring, except at a global level.

>Divide and conquer works.

To a point.

Divide and conquer works incredibly well for developing control, but we now live in a world where distributed points are able to not only talk, but organize themselves and align toward a common goal. 

Everything is connected through the global economy, but it is also possible to create a shadow economy that connects everybody - and through decentralized measures, it is out of the reach of centralized authority. This doesn't mean it is untouchable, nor does it mean that the governments and corporations will just "give up" control - but it does mean that there are alternatives to the centralized narrative. And knowing we have options is the start of making a decision on which direction to take. 

The governments do not have an answer to improve our world. 
The corporations do not have the incentive.

But, it is *our* world.

Taraz
[ Gen1: Hive ]



</div>


Posted Using [LeoFinance Alpha](https://leofinance.io/@tarazkp/overinflated-and-underhyped)
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 456 others
properties (23)
authortarazkp
permlinkoverinflated-and-underhyped
categoryhive-167922
json_metadata{"app":"leothreads/0.3","format":"markdown","tags":["hive-167922","leofinance","economics","finance","government","life","society","culture"],"canonical_url":"https://leofinance.io/@tarazkp/overinflated-and-underhyped","links":["https://files.peakd.com/file/peakd-hive/tarazkp/23yJCYbpsnk5yor7M1RcRs1mQ39btSMjbVFuG3UiSPgquJtUmHyXud51h8nVEoSfhj1hJ.png)","https://leofinance.io/@tarazkp/overinflated-and-underhyped)"],"images":[]}
created2023-05-23 17:10:00
last_update2023-05-23 17:10:00
depth0
children36
last_payout2023-05-30 17:10:00
cashout_time1969-12-31 23:59:59
total_payout_value25.140 HBD
curator_payout_value25.047 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length5,538
author_reputation5,757,515,915,315,634
root_title"Overinflated and Underhyped"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id123,762,966
net_rshares106,342,049,784,112
author_curate_reward""
vote details (520)
@bozz ·
$0.19
I never wanted the stimulus money that they sent to us during those years. I would have just as soon went without it. I was lucky enough to keep working though.  Many people were not. That's the one thing I always have to keep reminding myself. I was privileged enough to still be bringing in a paycheck.
👍  
properties (23)
authorbozz
permlinkre-tarazkp-rv4gbb
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2023.5.1"}
created2023-05-23 17:23:36
last_update2023-05-23 17:23:36
depth1
children1
last_payout2023-05-30 17:23:36
cashout_time1969-12-31 23:59:59
total_payout_value0.096 HBD
curator_payout_value0.097 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length304
author_reputation2,175,091,483,239,061
root_title"Overinflated and Underhyped"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id123,763,334
net_rshares413,984,284,582
author_curate_reward""
vote details (1)
@tarazkp ·
> I was privileged enough to still be bringing in a paycheck.

True. However many people who weren't able, were forced into not working for not much of a reason. 
👍  
properties (23)
authortarazkp
permlinkre-bozz-rv4nts
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2023.5.1"}
created2023-05-23 20:05:54
last_update2023-05-23 20:05:54
depth2
children0
last_payout2023-05-30 20:05:54
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length162
author_reputation5,757,515,915,315,634
root_title"Overinflated and Underhyped"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id123,767,895
net_rshares23,109,075,691
author_curate_reward""
vote details (1)
@cryptosnowball ·
The same analogy applies to the black market where people exchange goods and services without paying tax. We have a choice in the era of WEB3 that bring decentralization. 
properties (22)
authorcryptosnowball
permlinkre-tarazkp-2023525t55717331z
categoryhive-167922
json_metadata{"tags":["hive-167922","leofinance","economics","finance","government","life","society","culture"],"app":"ecency/3.0.32-vision","format":"markdown+html"}
created2023-05-25 09:57:18
last_update2023-05-25 09:57:18
depth1
children0
last_payout2023-06-01 09:57:18
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length171
author_reputation2,477,555,058,145
root_title"Overinflated and Underhyped"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id123,817,202
net_rshares0
@devpress ·
$0.19
I used to feel bad about covid, wars and how US was bombing the middle east. And more and more I realized the more I noticed the karma system in play. Some things can maintain peace on earth if certain people are always suppressed and some population gets killed. I supposed 1% of controlling people realized this and kept this world that way. I never expect world to be united on some one cause. So we will continue to have the artificial govt and borders.
👍  
properties (23)
authordevpress
permlinkrv58zs
categoryhive-167922
json_metadata{"app":"hiveblog/0.1"}
created2023-05-24 03:43:03
last_update2023-05-24 03:43:03
depth1
children1
last_payout2023-05-31 03:43:03
cashout_time1969-12-31 23:59:59
total_payout_value0.094 HBD
curator_payout_value0.094 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length457
author_reputation55,061,325,071,240
root_title"Overinflated and Underhyped"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id123,777,914
net_rshares396,215,159,484
author_curate_reward""
vote details (1)
@tarazkp ·
>So we will continue to have the artificial govt and borders.

And get convinced that "national pride" is a good thing. 
properties (22)
authortarazkp
permlinkre-devpress-rv5jvx
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2023.5.1"}
created2023-05-24 07:38:21
last_update2023-05-24 07:38:21
depth2
children0
last_payout2023-05-31 07:38:21
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length120
author_reputation5,757,515,915,315,634
root_title"Overinflated and Underhyped"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id123,781,820
net_rshares0
@ducecrypto ·
$0.19
I love the hopeful and positive message you end this piece with. In a fight over control of all the money in the world, these centralized governments aren't going down without a fight. And while they don't have the same number as the masses, they have more power and more means -- so a violent revolution seems to be the only way out. There is no way the oligarchy that controls most of the world's major governments is just going to give its control back to the people without a fight.
👍  
properties (23)
authorducecrypto
permlinkre-tarazkp-rv4i5j
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2023.4.2"}
created2023-05-23 18:03:21
last_update2023-05-23 18:03:21
depth1
children1
last_payout2023-05-30 18:03:21
cashout_time1969-12-31 23:59:59
total_payout_value0.096 HBD
curator_payout_value0.097 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length486
author_reputation131,443,828,061,739
root_title"Overinflated and Underhyped"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id123,764,452
net_rshares412,219,462,738
author_curate_reward""
vote details (1)
@tarazkp ·
Unfortunately, I think it is going to get down to one of those "they can't kill us all" scenarios. But, I think we only get there when the hope that the governments will perform well, is completely gone. Not really looking forward to it, but it seems inevitable. 
👍  
properties (23)
authortarazkp
permlinkre-ducecrypto-rv4nzz
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2023.5.1"}
created2023-05-23 20:09:36
last_update2023-05-23 20:09:36
depth2
children0
last_payout2023-05-30 20:09:36
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length263
author_reputation5,757,515,915,315,634
root_title"Overinflated and Underhyped"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id123,768,030
net_rshares7,307,562,407
author_curate_reward""
vote details (1)
@emma-h ·
$0.19
I've been keeping in the loop of what's going on in USA at the moment. At least a handful of banks have collapsed in the last few months because of all the debt that they can't pay and they don't have any liquidity so the smaller banks are being bought up by the largest banks at a fraction. This is how it starts. It's apparently already worst than the 2008 crash and people believe that when the SHTF, there will be chaos. Bank runs, riots, burning shit down, I am sure it will happen. 

Civil disobedience sometimes is necessary to stop things, but the problem is that mob mentality takes over and when it becomes violent, it's very difficult to stop. 

I saw a headline today that CBDCs are already being rolled out in some smaller countries. 

Centralisation will be sold to the population with some form of incentive and people will fall for it. 
👍  
properties (23)
authoremma-h
permlinkre-tarazkp-rv4nhe
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2023.5.1"}
created2023-05-23 19:58:27
last_update2023-05-23 19:58:27
depth1
children1
last_payout2023-05-30 19:58:27
cashout_time1969-12-31 23:59:59
total_payout_value0.096 HBD
curator_payout_value0.097 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length852
author_reputation144,870,901,267,313
root_title"Overinflated and Underhyped"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id123,767,691
net_rshares410,970,840,670
author_curate_reward""
vote details (1)
@tarazkp ·
$0.02
>so the smaller banks are being bought up by the largest banks at a fraction.

It happened in 2008 too. 

>Civil disobedience sometimes is necessary to stop things, but the problem is that mob mentality takes over and when it becomes violent, it's very difficult to stop.

And in a society charged with drama and no sense of responsibility or civility, it escalates quickly and to new levels unseen prior. 

>Centralisation will be sold to the population with some form of incentive and people will fall for it.

Again.
👍  
properties (23)
authortarazkp
permlinkre-emma-h-rv4o6i
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2023.5.1"}
created2023-05-23 20:13:33
last_update2023-05-23 20:13:33
depth2
children0
last_payout2023-05-30 20:13:33
cashout_time1969-12-31 23:59:59
total_payout_value0.010 HBD
curator_payout_value0.011 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length519
author_reputation5,757,515,915,315,634
root_title"Overinflated and Underhyped"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id123,768,172
net_rshares48,313,085,915
author_curate_reward""
vote details (1)
@hivebuzz ·
Congratulations @tarazkp! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

<table><tr><td><img src="https://images.hive.blog/60x70/http://hivebuzz.me/@tarazkp/comments.png?202305240857"></td><td>You made more than 60000 comments.<br>Your next target is to reach 61000 comments.</td></tr>
</table>

<sub>_You can view your badges on [your board](https://hivebuzz.me/@tarazkp) and compare yourself to others in the [Ranking](https://hivebuzz.me/ranking)_</sub>
<sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub>

properties (22)
authorhivebuzz
permlinknotify-tarazkp-20230524t092408
categoryhive-167922
json_metadata{"image":["http://hivebuzz.me/notify.t6.png"]}
created2023-05-24 09:24:09
last_update2023-05-24 09:24:09
depth1
children0
last_payout2023-05-31 09:24:09
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length625
author_reputation369,725,337,119,456
root_title"Overinflated and Underhyped"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id123,783,561
net_rshares0
@iskawrites ·
$0.19
They must have planned the Covid well enough to use it as scapegoat. But no matter how much they try to make it seem as though the world revolves around them, we will rebel and we will conquer because the scales has fallen off our eyes and we are already seeing that decentralization is the way forward and we will embrace it. 
👍  
properties (23)
authoriskawrites
permlinkre-tarazkp-rv4lzx
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2023.5.1"}
created2023-05-23 19:26:57
last_update2023-05-23 19:26:57
depth1
children1
last_payout2023-05-30 19:26:57
cashout_time1969-12-31 23:59:59
total_payout_value0.096 HBD
curator_payout_value0.097 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length327
author_reputation127,562,709,181,980
root_title"Overinflated and Underhyped"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id123,766,840
net_rshares411,810,637,610
author_curate_reward""
vote details (1)
@tarazkp ·
There was so much opportunity and incentive to generate massive wealth for some during covid, that they were "compelled" to act poorly. Politicians built their careers on spreading fear. Corporations reaped the rewards of a captured audience. 
properties (22)
authortarazkp
permlinkre-iskawrites-rv4o2c
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2023.5.1"}
created2023-05-23 20:11:00
last_update2023-05-23 20:11:00
depth2
children0
last_payout2023-05-30 20:11:00
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length243
author_reputation5,757,515,915,315,634
root_title"Overinflated and Underhyped"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id123,768,068
net_rshares0
@jfang003 ·
$0.18
It's unfortunate to see that history keeps repeating but the governments know that they can get away with it. People need to push back otherwise they will continue to do so. I just think that the managerial class all across the world are out of touch and they just create policies based on their own whims/benefits.
👍  
properties (23)
authorjfang003
permlinkre-tarazkp-3aoscfm45
categoryhive-167922
json_metadata{"app":"leothreads/0.3","format":"markdown","tags":["leofinance"],"canonical_url":"https://leofinance.io/@jfang003/re-tarazkp-3aoscfm45","isPoll":false,"pollOptions":{}}
created2023-05-24 07:02:51
last_update2023-05-24 07:02:51
depth1
children1
last_payout2023-05-31 07:02:51
cashout_time1969-12-31 23:59:59
total_payout_value0.092 HBD
curator_payout_value0.092 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length315
author_reputation616,073,949,000,561
root_title"Overinflated and Underhyped"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id123,781,282
net_rshares395,743,142,881
author_curate_reward""
vote details (1)
@tarazkp ·
> I just think that the managerial class all across the world are out of touch and they just create policies based on their own whims/benefits.

They are acting as expected, on what incentivizes them. They have a job to do, but if it conflicts with their own best interests, chances are they won't do the job well. 
properties (22)
authortarazkp
permlinkre-jfang003-rv5l04
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2023.5.1"}
created2023-05-24 08:02:30
last_update2023-05-24 08:02:30
depth2
children0
last_payout2023-05-31 08:02:30
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length315
author_reputation5,757,515,915,315,634
root_title"Overinflated and Underhyped"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id123,782,201
net_rshares0
@krabgat ·
$0.24
Governments all around the world have mismanaged the Covid epidemic. More harm has been done and continues to be done than the epidemic itself as a result of the policies they have put in place to tighten control over the populace. I see it as a centralised assault, and I think the best way to protect our freedom is by decentralisation. I appreciate the article.
👍  ,
properties (23)
authorkrabgat
permlinkrv5hfh
categoryhive-167922
json_metadata{"app":"hiveblog/0.1"}
created2023-05-24 06:45:18
last_update2023-05-24 06:45:18
depth1
children1
last_payout2023-05-31 06:45:18
cashout_time1969-12-31 23:59:59
total_payout_value0.119 HBD
curator_payout_value0.119 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length364
author_reputation21,919,477,099,128
root_title"Overinflated and Underhyped"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id123,780,977
net_rshares512,089,783,273
author_curate_reward""
vote details (2)
@tarazkp ·
>More harm has been done and continues to be done than the epidemic itself 

And it was predictable before the first lockdown started. 
properties (22)
authortarazkp
permlinkre-krabgat-rv5l2h
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2023.5.1"}
created2023-05-24 08:03:54
last_update2023-05-24 08:03:54
depth2
children0
last_payout2023-05-31 08:03:54
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length135
author_reputation5,757,515,915,315,634
root_title"Overinflated and Underhyped"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id123,782,222
net_rshares0
@les90 ·
$0.19
Sadly but it's true that our economy is also disrupt and especially after 2021 inflation rate increase and no one can control it because stupid government destroy it's own self 😐
👍  
properties (23)
authorles90
permlinkre-tarazkp-2023523t221713984z
categoryhive-167922
json_metadata{"tags":["hive-167922","leofinance","economics","finance","government","life","society","culture"],"app":"ecency/3.0.39-mobile","format":"markdown+html"}
created2023-05-23 17:17:21
last_update2023-05-23 17:17:21
depth1
children1
last_payout2023-05-30 17:17:21
cashout_time1969-12-31 23:59:59
total_payout_value0.096 HBD
curator_payout_value0.097 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length178
author_reputation77,689,792,555,154
root_title"Overinflated and Underhyped"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id123,763,142
net_rshares411,337,138,900
author_curate_reward""
vote details (1)
@tarazkp ·
They don't destroy themselves - they destroy us. 
properties (22)
authortarazkp
permlinkre-les90-rv4o2z
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2023.5.1"}
created2023-05-23 20:11:24
last_update2023-05-23 20:11:24
depth2
children0
last_payout2023-05-30 20:11:24
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length49
author_reputation5,757,515,915,315,634
root_title"Overinflated and Underhyped"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id123,768,088
net_rshares0
@mikezillo ·
$0.18
They print money, they gift money to people, they make the money worth less and less. And now I am reading that USA are risking default this coming Friday as they are seemingly have 60B$ of liquidity that is not enough to pay public salaries and interests on the debt. 

Let's see what will happen! The cryptos may see some further strength after this event. 
👍  
properties (23)
authormikezillo
permlinkre-tarazkp-2023524t92534237z
categoryhive-167922
json_metadata{"tags":["hive-167922","leofinance","economics","finance","government","life","society","culture"],"app":"ecency/3.0.31-vision","format":"markdown+html"}
created2023-05-24 07:25:33
last_update2023-05-24 07:25:33
depth1
children1
last_payout2023-05-31 07:25:33
cashout_time1969-12-31 23:59:59
total_payout_value0.092 HBD
curator_payout_value0.092 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length359
author_reputation181,498,315,026,789
root_title"Overinflated and Underhyped"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id123,781,660
net_rshares395,309,664,418
author_curate_reward""
vote details (1)
@tarazkp ·
$0.02
It is going to be interesting to see if they raise the ceiling again - I suspect they will. 
👍  ,
properties (23)
authortarazkp
permlinkre-mikezillo-rv5l1b
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2023.5.1"}
created2023-05-24 08:03:12
last_update2023-05-24 08:03:12
depth2
children0
last_payout2023-05-31 08:03:12
cashout_time1969-12-31 23:59:59
total_payout_value0.012 HBD
curator_payout_value0.012 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length92
author_reputation5,757,515,915,315,634
root_title"Overinflated and Underhyped"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id123,782,214
net_rshares55,123,415,406
author_curate_reward""
vote details (2)
@mobbs ·
$0.19
My plan to go back to the UK was always of the foolish imagination that things were as they used to be. I was looking at the change in housing prices since I left 13 years ago. At that time, average house price was 150k. Now it's 300k. How have houses doubled in price in 13 years?? That rate is even greater in the past; my parents bought a house for 5 grand. That's like 3 months rent for me at the moment lol. 

And the sneaky thing is, the higher the prices go, the more houses pass the threshold where the gov can implement more taxes - this is the government the majority of which is in real estate, naturally.

Here's me all hopeful after a lifetime of savings i'd land a house upon return, and now I'm just like... what's the point. We're all meant to be impoverished plebs on rent for the MP's in power, clearly. Just bend over, everyone. 

Not sure how related that was to the OP
👍  
properties (23)
authormobbs
permlinkre-tarazkp-rv53em
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2023.5.1"}
created2023-05-24 01:42:24
last_update2023-05-24 01:42:24
depth1
children1
last_payout2023-05-31 01:42:24
cashout_time1969-12-31 23:59:59
total_payout_value0.094 HBD
curator_payout_value0.094 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length889
author_reputation383,520,175,472,433
root_title"Overinflated and Underhyped"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id123,775,635
net_rshares396,260,272,779
author_curate_reward""
vote details (1)
@tarazkp ·
I can never move back to Australia I think.

>And the sneaky thing is, the higher the prices go, the more houses pass the threshold where the gov can implement more taxes

Yes. The inflation is pushing people into different tax brackets, so even though they are worth more, they have less opportunity. 

>Not sure how related that was to the OP

There will be a redefinition of value, one way or another. 
👍  
properties (23)
authortarazkp
permlinkre-mobbs-rv5j61
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2023.5.1"}
created2023-05-24 07:22:51
last_update2023-05-24 07:22:51
depth2
children0
last_payout2023-05-31 07:22:51
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length405
author_reputation5,757,515,915,315,634
root_title"Overinflated and Underhyped"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id123,781,626
net_rshares37,134,292,881
author_curate_reward""
vote details (1)
@planetauto ·
You knew we'd love the car analogy, the thing is your spot on, head in the sand - we were told many years that adding a couple of 0's to ones bank account overdraft loan whatever it was literally from thin air, not easy to get your head round if you're not in the right space. 

The news yes we don't mainstream yeesh - however we do watch crypto news.

It does seem to be slowly shifting however New AML in Japan from 1st June and the SEC in the US with Galaxy Ripple etc  :)   its a fast changing world, glad we have a few coins, it also looks like Electroneum and its staunch stance on KYC and AML maybe it's strong suit moving forward. In the meanwhile YT revenue and Hive etc keeps income ticking over nicely. Thank you
properties (22)
authorplanetauto
permlinkrv5v9n
categoryhive-167922
json_metadata{"app":"hiveblog/0.1"}
created2023-05-24 11:44:12
last_update2023-05-24 11:44:12
depth1
children0
last_payout2023-05-31 11:44:12
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length724
author_reputation294,696,125,291,518
root_title"Overinflated and Underhyped"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id123,785,888
net_rshares0
@videoaddiction ·
$0.19
The covid, I think it was very well planned, just fucked up our life. Buying a house or a car has been a dream in my country. People are working just to feed themselves, if succeed; no social life or any extra thing.
👍  
properties (23)
authorvideoaddiction
permlinkre-tarazkp-2023523t20460180z
categoryhive-167922
json_metadata{"tags":["hive-167922","leofinance","economics","finance","government","life","society","culture"],"app":"ecency/3.0.39-mobile","format":"markdown+html"}
created2023-05-23 17:46:00
last_update2023-05-23 17:46:00
depth1
children1
last_payout2023-05-30 17:46:00
cashout_time1969-12-31 23:59:59
total_payout_value0.096 HBD
curator_payout_value0.097 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length216
author_reputation163,458,329,638,970
root_title"Overinflated and Underhyped"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id123,763,964
net_rshares413,044,496,878
author_curate_reward""
vote details (1)
@tarazkp ·
Not sure if it was well planned, but it was definitely well taken advantage of. Crimes of opportunity. 
properties (22)
authortarazkp
permlinkre-videoaddiction-rv4nvb
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2023.5.1"}
created2023-05-23 20:06:48
last_update2023-05-23 20:06:48
depth2
children0
last_payout2023-05-30 20:06:48
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length103
author_reputation5,757,515,915,315,634
root_title"Overinflated and Underhyped"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id123,767,924
net_rshares0
@vincentnijman ·
$0.19
What a joke! 
but does it surprise me ( not really )

Eventually, the joke will be on them though...
👍  
properties (23)
authorvincentnijman
permlinkre-tarazkp-2023523t183324347z
categoryhive-167922
json_metadata{"tags":["hive-167922","leofinance","economics","finance","government","life","society","culture"],"app":"ecency/3.0.31-vision","format":"markdown+html"}
created2023-05-23 17:33:27
last_update2023-05-23 17:33:27
depth1
children2
last_payout2023-05-30 17:33:27
cashout_time1969-12-31 23:59:59
total_payout_value0.096 HBD
curator_payout_value0.097 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length100
author_reputation271,132,764,724,756
root_title"Overinflated and Underhyped"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id123,763,590
net_rshares413,502,253,480
author_curate_reward""
vote details (1)
@tarazkp ·
Eventually - though it is going to be some rough times for all. 
properties (22)
authortarazkp
permlinkre-vincentnijman-rv4nu9
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2023.5.1"}
created2023-05-23 20:06:09
last_update2023-05-23 20:06:09
depth2
children1
last_payout2023-05-30 20:06:09
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length64
author_reputation5,757,515,915,315,634
root_title"Overinflated and Underhyped"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id123,767,904
net_rshares0
@vincentnijman ·
probably but in the end it's all a matter of perspective and what we focus on ( easier said than done, of course )<div><a href="https://engage.hivechain.app">![](https://i.imgur.com/XsrNmcl.png)</a></div>
properties (22)
authorvincentnijman
permlinkre-1684958854212
categoryhive-167922
json_metadata{"app":"engage"}
created2023-05-24 20:07:42
last_update2023-05-24 20:07:42
depth3
children0
last_payout2023-05-31 20:07:42
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length204
author_reputation271,132,764,724,756
root_title"Overinflated and Underhyped"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id123,798,345
net_rshares0
@vincentnijman ·
$0.19
Oh and before I forget...

On Saturday, I attended a meeting centering around Local Exchange Trading Systems (LETS).
It was intriguing, to say the least and there is a system here, in my region. that is waiting to be de-activated ( it ran for some years, up to 2017 )

I am looking forward to taking part into another alternative 'market', next to crypto and fiat and this might very well be it...

I might cook up a post about this, one of these days. 
👍  
properties (23)
authorvincentnijman
permlinkre-tarazkp-2023523t185020876z
categoryhive-167922
json_metadata{"tags":["hive-167922","leofinance","economics","finance","government","life","society","culture"],"app":"ecency/3.0.31-vision","format":"markdown+html"}
created2023-05-23 17:50:24
last_update2023-05-23 17:50:24
depth1
children2
last_payout2023-05-30 17:50:24
cashout_time1969-12-31 23:59:59
total_payout_value0.096 HBD
curator_payout_value0.097 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length453
author_reputation271,132,764,724,756
root_title"Overinflated and Underhyped"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id123,764,110
net_rshares412,610,985,646
author_curate_reward""
vote details (1)
@tarazkp ·
$0.05
That sounds interesting. They should use blockchains to track things. H-E tokens would do it :)
👍  
properties (23)
authortarazkp
permlinkre-vincentnijman-rv4nx2
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2023.5.1"}
created2023-05-23 20:07:51
last_update2023-05-23 20:07:51
depth2
children1
last_payout2023-05-30 20:07:51
cashout_time1969-12-31 23:59:59
total_payout_value0.024 HBD
curator_payout_value0.024 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length95
author_reputation5,757,515,915,315,634
root_title"Overinflated and Underhyped"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id123,767,968
net_rshares104,298,384,245
author_curate_reward""
vote details (1)
@vincentnijman ·
That is indeed being considered. I was close to mentioning Hive but it didn't feel like the right timing and I need to learn more about the project first ;<)<div><a href="https://engage.hivechain.app">![](https://i.imgur.com/XsrNmcl.png)</a></div>
properties (22)
authorvincentnijman
permlinkre-1685100333226
categoryhive-167922
json_metadata{"app":"engage"}
created2023-05-26 11:25:36
last_update2023-05-26 11:25:36
depth3
children0
last_payout2023-06-02 11:25:36
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length247
author_reputation271,132,764,724,756
root_title"Overinflated and Underhyped"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id123,851,574
net_rshares0
@zaibkang ·
$0.18
We have option or something called decentralized world which we can use to improve over lifestyle especially over economic conditions, I don't think governments have any issue with that in coming years we may see governments and decentralized blockchain or cryptocurrency investors on the same page we have to think positively 
👍  
properties (23)
authorzaibkang
permlinkre-tarazkp-2023524t10362849z
categoryhive-167922
json_metadata{"tags":["hive-167922","leofinance","economics","finance","government","life","society","culture"],"app":"ecency/3.0.39-mobile","format":"markdown+html"}
created2023-05-24 05:36:03
last_update2023-05-24 05:36:03
depth1
children2
last_payout2023-05-31 05:36:03
cashout_time1969-12-31 23:59:59
total_payout_value0.091 HBD
curator_payout_value0.091 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length327
author_reputation55,291,837,326,050
root_title"Overinflated and Underhyped"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id123,779,785
net_rshares394,441,305,011
author_curate_reward""
vote details (1)
@tarazkp ·
>we have to think positively

Thinking positively is less important than acting positively. 
properties (22)
authortarazkp
permlinkre-zaibkang-rv5l3m
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2023.5.1"}
created2023-05-24 08:04:33
last_update2023-05-24 08:04:33
depth2
children1
last_payout2023-05-31 08:04:33
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length92
author_reputation5,757,515,915,315,634
root_title"Overinflated and Underhyped"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id123,782,229
net_rshares0
@zaibkang ·
Agreed but we can't act before thinking, am I right or not 
properties (22)
authorzaibkang
permlinkre-tarazkp-2023524t142610479z
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"ecency/3.0.39-mobile","format":"markdown+html"}
created2023-05-24 09:26:12
last_update2023-05-24 09:26:12
depth3
children0
last_payout2023-05-31 09:26:12
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length59
author_reputation55,291,837,326,050
root_title"Overinflated and Underhyped"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id123,783,597
net_rshares0
@zekepickleman ·
$0.19
I just keep thinking about the point of no return.  The environment, global population, and the fleecing of the sheep about to turn violent.  

I am brought back to the tune I posted a couple days ago in our discussion "We Didn't Start the Fire"  Was it always burning?  Will it continue to smoulder and flare or is it about to burn this place down?  These swings are big but slow enough we can just become passengers one way or the next.  

I can't see the old school money giving up an inch in the wrong direction until that direction serves them too.  This lame printing money and raising interest rates as a token gesture is frustrating for sure and what say do we have?  They write the rules so we can screw ourselves and if we squawk, they blame us for electing the rules makers.

I am almost hoping for a wipeout in this parade of fools and conmen but the bloodletting will be the have nots first for sure.
👍  
properties (23)
authorzekepickleman
permlinkrv53mz
categoryhive-167922
json_metadata{"app":"hiveblog/0.1"}
created2023-05-24 01:47:24
last_update2023-05-24 01:47:24
depth1
children1
last_payout2023-05-31 01:47:24
cashout_time1969-12-31 23:59:59
total_payout_value0.094 HBD
curator_payout_value0.094 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length913
author_reputation746,647,341,768,538
root_title"Overinflated and Underhyped"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id123,775,739
net_rshares396,640,828,032
author_curate_reward""
vote details (1)
@tarazkp ·
Unless there is incentive to change, we won't change. Incentive comes through economic value, which means that we have to demand in order to incentivize supply. Currently, we demand crap, so that is what we are shovelled. 
properties (22)
authortarazkp
permlinkre-zekepickleman-rv5juh
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2023.5.1"}
created2023-05-24 07:37:30
last_update2023-05-24 07:37:30
depth2
children0
last_payout2023-05-31 07:37:30
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length222
author_reputation5,757,515,915,315,634
root_title"Overinflated and Underhyped"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id123,781,808
net_rshares0