r/PeterExplainsTheJoke • u/Melodic_Judge_129 • 9h ago

Meme needing explanation Petah?

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u/Archophob 7h ago

only invest in companies that gain value faster than gold or bitcoin do. Those are the companies that actually create value.

An economy where the unsuccesful got bankrupt and die out is a healthy economy.

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u/Kehprei 7h ago

Notice how you didn't answer the question?

Why would I invest my money in a company, taking a risk, if I could just stuff it under a mattress for it to gain value?

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u/Archophob 6h ago

because you believe in that company to be even more valuable than money under the mattrass.

If you don't believe in that company, don't invest. Good companies will find investors anyway, and bad companies will no longer get life support on your fear of inflation.

How do you think companies found investors before 1913?

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u/Kehprei 6h ago

How effective do you think the 1913 economy was??? lmao

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u/Archophob 6h ago

better than post-war. Growth was real, even measured in gold.

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u/Kehprei 5h ago

You realize it was still an inflationary economy back then, right? Not deflationary.

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u/eukomos 5h ago

LOL no. It was wildly prone to boom and bust cycles, and a far higher proportion of people lived in poverty.