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Discussion: Swing trade strategy - BTC to YFI?
If you're familiar with swing trading on the stock market (or playing Mario Bros and jumping the tubes) consider the following idea: In theory on 10/8 if you made the jump from BTC to YFI here are the key concepts for 6 months of strategic swing trades to increase your wealth:
your now up $5000 per coin
(if you had held BTC your only up $200, but you didn't)
you will now ride YFI up to the 30k resistance
you'll then be up $10k per coin
swing back to BTC during a 6-9k dip
ride BTC up to the 12-13k resistance
Hold and wait for a 15-20k YFI dip
swing back to YFI and hold to the 50k mark
after that - repeat swings hourly, daily, weekly or monthly
the more people who do this the more momentum the "swing" has to go up and down provided we all PUSH and LEAN
everyone who missed out on YFI has their buy in chance now on coinbase.
everyone with YFI who wanted another dip, well, they got it and it's time to head back toward that "50k promise" made by analyst's
no one who bought in at YFI peaks wants to see a crash, if they are smart they will hold till they return to the level they bought in.
FOMO, chasing, bounces and short squeezes all apply.
coordinated profit-taking is only legal if smart Vulcans all naturally arrive at their own conclusions
The Neverending story "end game" we would be wise to examine:
ideally we want BTC and YFI to be "out of sync" for swing trades
its illegal to coordinate such efforts as an organization which is why Coinbase will never tell you to "do this"
it is however legal for everyone to just "see which way the wind blows" and adjust their sails based on their own decisions and due diligence
key concepts for a discussion:
consider the rally for Dodgecoin and its effect
is it a bad thing for YFI and BTC to become "in sync"? (I say yes)
consider "tidal locking" of planets and how cryptocurrencies can become "correlated"
consider how FOREX trading works
examine how we, the community of crypto holders have BOTH the unique ability and opportunity to trade with no regard whatsoever to world economic and geopolitical conditions that fiat currencies are subject to on FOREX markets
Lastly, consider space travel and planets being in alignment:
YFI and BTC are close enough we can "make the jump", in space travel you don't want to head over to Mars when it's on the other side of the solar system, but rather when its closer.
Ergo: they are close enough now to make that trip
If you make an error in judgment during your swing attempts:
miss out on a swing? switch over to a stablecoin to avoid losses (like USD coin) and then wait for the next dip
during periods of no volatility? switch over to a coin that offers staking rewards and hold there.
Q.E.D. This post has therefore demonstrated why it is in 'our best interest' to keep these cryptocurrencies out of sync: HODL is over, time to SWNG and use inertia for Interstellar planetary travel. Thoughts? Can we all make this happen through discipline and steely Vulcan logic, or, will YFI inevitably correlate with BTC and succumb to the emotional reactions of holders?
BTM FOUNDATION - is the new generation hybrid profitable investment fund
Modern economic environment, being forced by the total digitalization of all segments of business, challenges new investment approaches. Traditional evaluation models like DCF do not work. Businesses are being evaluated by very different approaches, such as real option evaluation approach, Merton formula, using stochastic Wiener processes towards evaluation. Sometimes we observe irrational investors’ behavior, when they evaluate perspectives of some businesses: shares of many new wave companies are flying tothemoon without any rational explanations of their business models. Due to traditional evaluation methods such companies must have negative shares price! What we must learn from this experience, is that our world has changed dramatically. Zero discount rates by the central banks and infinite liquidity lead to negative bank deposit rates: you need to pay money just to keep it safe! Due to asymmetric information on the financial markets, non professional investors usually make adverse selection: they invest their funds into big long run scam projects, pretending to be big fair businesses. Theranos, Nikola, SKYWAY, Softbank, ONECOIN, BitClub and many others are among Bernard Madoff like financial pyramids pretending to be serious businesses. Due to informational hype all around, it is very hard to make a right choice of investment. New hype trains, like crypto, blockchain, artificial intelligence today looks like toy for geeks, but not for serious investors. Inflows of «stupid money» arrive to all those wealth redistribution factories and transform to lambos, yachts, cocaine and booze for hipsters, while investors just get useless shitcoins and dreams of a new «unicorn». Everyone wishes to catch up a new next APPLE or MicroSoft at an early stage. Same story happened several years ago when we were observing big previous bubble called «dotcom bubble». Only several companies survived, others sunk with tons of investors’ money. LETS STOP IT! INVESTORS MUST EARN! There are many money earning opportunities around, both overhyped, like crypto, blockchain, artificial intelligence, DEFI, as well as more conservative, but still very profitable, like intellectual garbage recycling or production of intellectual power supply units. Our mission at BTM fund is to connect smart money with profitable businesses, seeking for the blood - strategic funding from smart investors, for whom they gonna bring good stable profits! BTM fund is the hybrid new generation investment fund, which is created by high level professionals with many years experience and proven track record on the stock and currency market, forex, cryptocurrency market and traditional investment business. BTM headquarters is located in London, also there are representative offices in Moscow and Kiev. Also we are planning to open offices in Dubai, Istanbul, New York, Kazakhstan and Uzbekistan. Against the background of impending global economic crisis, which is well seasoned by the Major Brand of the Year 2019 - 2020 - COVID19, there is no safe heaven any more. All stock markets and financial indexes are on their tops, obviously we are observing big financial bubble, which can burst any time. Astronomical figures of the USA state debt and many other emerging economies lead to soft monetary policy: there is much cheap money, but no good investment opportunities, which can create added value. Flexible solutions of hybrid investment fund BTM provide its clients to manage their funds efficiently. The key unique feature of our investment fund is instant diversification of investment programmes. «Let the profit leak and cut the losses» - this is the core principle of our investment strategy. Our professional financial managers do always have a finger on the pulse of modern trend in the investment environment. Today we are surfing on the hype waves of defi, crypto, blockchain, AI, and tomorrow we reallocate assets into top American stocks, gold, bonds, cash, or invest into high yielding real busin #cryptofound#blockchainfound#btm#btmfoundation#btmfound#криптофонд#блокчейнфонд#пассивныйдоход#инвестиции#интернетзаработок
The Central Government has been holding meetings with Asian Development Bank, World Bank, and German state-owned development bank KfW for access to low-cost capital to Indian MSMEs, according to MSME minister Nitin Gadkari. The comments gain significance as lack of capital is the biggest challenge for the growth of MSMEs. -Financial Express The RBI today asked banks to link all new floating-rate loans for housing, personal and MSMEs to external benchmark based interest rate from 1 Oct, in a bid to allow faster transmission of its rate cuts to consumers. It has been observed that due to various reasons, the transmission of policy rate changes to the lending rate of banks under the current MCLR framework has not been satisfactory, the RBI said in a statement. -Livemint PSBs can now create Chief General Manager (CGM) posts as per their business needs. The Department of Financial Services (DFS) in the Finance Ministry granted the flexibility to all nationalised banks. CGM posts (in a fresh scale termed as scale VIII) can be created (with Board approval) in nationalised banks that have total business of ₹10 lakh crore or higher, sources said. Such CGMs will act as an administrative and functional layer between the existing levels of General Manager and Executive Director. The number of CGM posts created should not exceed the ratio of 1:4 between the total number of posts of CGM and GM. -Budiness Line The RBI-constituted task-force on developing a vibrant secondary market for corporate loans has called for setting up a central loan contract registry to remove information asymmetries between buyers and sellers. The 6-member task force, headed by Canara Bank chairman TN Manoharan, was formed to examine the scope for developing a secondary market for corporate loans and make recommendations to facilitate rapid development of such a vibrant market. -Business Standard Global rating agency Moody's on September 4 upgraded the outlook on Punjab National Bank, which will merge OBC and United Bank of India with itself, to 'positive' from 'stable'. It also affirmed the local and foreign currency deposit ratings of Canara Bank, OBC, Syndicate Bank and Union Bank at Baa3/P-3. -Moneycontrol.com Canara Bank today said its board will meet next week to consider capital infusion of up to Rs 9,000 crore through issuance of preferential equity shares to the government of India. The board will also consider amalgamation of Syndicate Bank with it, the Bank said in a regulatory filing. -Moneycontrol.com HR integration will be the top priority in the merger of Syndicate Bank with Canara Bank and branch rationalisation would be looked at only after all aspects of integration are completek, . Syndicate Bank’s MD & CEO Mrutyunjay Mahapatra said. He saidthat the merger process will not slow down business. -Economic Times Canara Bank MD & CEO R A Sankara Narayanan, told that there would not be any loss of employment after merger. He had also confirmed that both the banks will stick to business projections and have a dedicated team to focus on integration without affecting normal business. -Economic Times LIC, that has seen its investment in IDBI Bank erode by more than half over the past year or so, has also seen the value of its investments in other PSU banks plunge. The sharp fall in the price of PSU bank stocks and dilution of its stake owing to capital infusion by the government, has eroded its wealth in these banks. LIC has lost over Rs 17,000 crore of its wealth in PSBs over the past year. Excluding IDBI Bank, it has lost over ₹4,800 crore in other PSBs. -Business Line ICICI Bank has cut its lending rates by 0.10% across all maturities, sources said on Sep 4. Under the revised rates, effective Sep 1, the bank's 1-year MCLR will come down to 8.55%, while the overnight MCLR will be 8.30%. -Moneycontrol.com Bank of Baroda will raise up to Rs 1,132.05 crore by issuing fresh shares to its staff under the Employee Share Purchase Scheme (ESPS), the bank said. Bank of Baroda will raise up to Rs 1,132.05 crore by issuing fresh shares to its staff under the ESPS, the bank said. The decision was taken by the compensation committee of the board at its meeting held on Tuesday, the bank said in a regulatory filing. decision was taken by the compensation committee of the board at its meeting held on Tuesday, the bank said in a regulatory filing. -Moneycontrol.com YES Bank has settled a case pertaining to ‘selective disclosure’ of assets quality with market regulator SEBI. The Bank settled the matter under the so-called consent mechanism paying Rs 51.6 lakh as settlement charges. Yes Bank’s compliance officer Shivanand Shettigar paid another Rs 14.45 lakh as settlement charges in the same matter. -Business Standard Wipro has received a long-term $300 million contract from ICICI Bank to provide digital technology led services. The Co said in a filing to the BSE that it has secured a strategic 7-year engagement from the bank. -Economic Times Digital payments saw significant growth in August, with the Unified Payments Interface (UPI) and IMPS touching record highs in terms of both volumes and number of transactions, while payments on BHIM also rose to a 10-month high. -Business Line Rating agency CRISIL today cut India’s fiscal year 2020 GDP growthforecast to 6.3% from its earlier forecast of 6.9%, after the economy grew 5% in the first quarter, it’s slowest in almost 6 years. The agency said that lower GDP growth forecast corroborates that India’s economic slowdown is deeper and more broad-based than suspected. -Economic Times Even as gross NPA are expected to come down marginally by end of ongoing fiscal, assets over Rs 1 lakh crore that are under pressure are still to be recognised as bad loans, a report by ASSOCHAM- CRISIL said. -Financial Express BSNL is monetising land assets to improve revenue while cutting operational costs in the absence of revival package from the government, according to chairman Pravin Kumar Purwar. The telco is looking at cutting its workforce by nearly half once the Centre approves its much-awaited voluntary retirement scheme, Purwar told. -Economic Times Rising gold prices have prompted the RBI to apply the brakes to its purchase of the metal as a forex reserve asset. After the last offtake of 5.6 tonnes this April, the apex bank has not made any fresh purchases. According to the data from the International Monetary Fund's International Financial Statistics (IFS), RBI has been holding 618 tonnes of gold as part of its forex reserves since April this year. -Business Standard USD/INR 72.12 SENSEX 36724.74(+161.83) NIFTY50 10844.65(+46.75)
To summarize my experience with the "product." It is 99.9% stalling and wasting your time with shit like this https://www.youtube.com/watch?v=za3tUUoj2iQ and hyping their own products. Dudes acting like "whaaaaaaaa" and showing phone screens with profits. Facebook is flooded with these people showing off how their boy "[insert name here]" is selling money and yada yada. Most of the content they post and host is just recruitment hype videos to bring more people in. Seriously... Like all day every day it felt like. Most the videos feature some hipsters and text screenshots of them being like: "OMG I gots some mad pips brah, 100 million pipz lulz #winning [intense sarcasm]." Do yourself a favor and unfriend anyone who tries to sell you this shit. Because they are not your friend, and they view you as a $35 a month paycheck if you sign up. Most the common stuff you see in groups is people touting the wins, but don't fool yourself... Everyone is keeping their losses quiet because no one wants to make a fool out of themselves. I mean who makes videos of them watching someone else in video chat? Someone who doesn't know what the hell their doing or how to work technology... Which they happen to have some miracle program that will "change" your life. Oh, and the haters, HA you should just ignore them because they all don't like grape koolaide. TL:DR Oh, look ma some YOLO saying swag fags are saying they can teach me to make mad bread. But it is just a job selling a job selling jobs to other people who in turn will be selling said jobs to others who will do the same. 4/24/16 EDIT This is the kind of shit that constantly keeps popping up in my feeds and spamming my cell phone in texts. I just got started with Global Visionariez and iMarketsLive, What is next?! First off, Welcome to our family! My name is[removed name of person] Founder of GV, an organization that is changing lives and lifestyles around the globe. It's an honor to have you apart of the revolutionary team where our visions align towards a common cause. We have some of the best leadership hand to hand with the greatest opportunity in the game right now, which makes it a complete power house! The goal is the be able take the average person and have them take the road less travelled towards becoming an entrepreneur and attaining true freedom! The skills you will learn working along side with GV and IML are long lasting skills that you can pass down for generations to come and will help you develop and craft yourself into becoming the best version of yourself. We live by the Triple T's; TRADE. TRAVEL. TRANSFORM. Lifestyle by design. As we believe these are some of the main 3 keys towards freedom and happiness! 📈.✈.🚧. Let's get started, you just bought your new car, now let's adjust the seats it to how you like it and what you want. The first thing you want to do is be able to get activated on your services and plugged into the sessions. 🔌 STAY PLUGGED IN AROUND THE CAMPFIRE 🔸 Subscribe To GV Updates [removed link] 📡Want to EARN before you LEARN and get connected to the Automatic Mirror Trader? [link removed] (1) FIRST create your broker account (Trading Funds Account) Choose the broker of your choice, we suggest Tradersway or FXCM 🔸 Tradersway ($8/month on FxSignalsLive - Better Leverage) INCLUDING PROMOTION (Less Deposit Fees, 18+, Deposit Bonus) [link removed] 🔸 FXCM (FREE on FxSignalsLive): [link removed] (2) How To Set Up Your Mirror-Trader? [more yolo swag links removed...] 📈📉 Want to start trading yourself? It's CRUCIAL to LEARN before you try to EARN trading yourself! Practice, practice, practice before you go LIVE. RULE #1, Don't EVER EVER EVER try to PREDICT the markets yourself, Don't have a gambling mindset! Be smart, Be strategic. Start with a DEMO account until you feel comfortable enough to trade with REAL money (30-90+ DAYS). If you want to start trading your real money deposit and connect with an MIRROR-TRADER [link removed] and trade with Chris Terry during LONDON / NY Sessions! Keep in mind, TRADING is 80% Mental (Psychology) and 20% Fundamental (Skillset) 📚(1) EDUCATE YOURSELF (STUDY more than you TRADE): 🔸 IML EDUCATION: Log into imarketslive.com -> TRADING -> TRADING LIBRARY 🔸 BEGINNERS KNOWLEDGE A-Z: [link removed] ; ⚠COMPLETE Pre-School before trading live 🔸 GVWSA COURSE: [link removed] ($50 one time) 🐾GV WALLSTREET (GVWSA): Train with Quillan Black through his legendary discounted course for IML members ONLY for $50 one time, completely up to you if you would like access, feel free to ask anyone around GV if it was worth it. If you plan to go to the next level trading and marking up charts you want to plug in ASAP! (2) SET UP MT4 (Trading Platform) + IML HARMONIC SCANNER 🔸 Download "MetaTrader 4" through App Store 🔸 Download MT4 / Scanner (Windows) [link removed] 🔸 Download MT4 /Scanner (MAC) [link removed] ⚠ Make sure you go through the Harmonic Scanner Course in IML Backoffice before you start using it. The Harmonic Scanner is primarily a confirmation tool to combine with your own analysis do NOT take trades off of it based of its entry calls, it is not 100% right neither would any software ever be. Use this in the right way and you will rock your world! (3) TRADE and LEARN with C. Terry 🔸 LONDON SESSION (Tues, Wed, Thurs) ⏰ 2am EST - 3am EST [more links removed] 🔸 NEW YORK SESSION (Mon - Fri) FOREX + FUTURES ⏰ 8am EST - 12pm EST [link removed] FULL RISK DISCLOSURE: Trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. 🗣 Paid sharing a retail service that is teaching you a financially independent skillset and helping you generate wealth in the worst economy? The FACT that you can potentially earn RESIDUAL income by sharing (marketing) a service that you would share for free anyways! The average MILLIONAIRE has 7 streams of income and never puts all of their eggs in one basket, especially throughout your journey of becoming a trader, the comfort of knowing you have a weekly residual income while you are trading in the markets truly powerful! YOUR FIRST GOAL ASAP........PERFECT STORM BONUS IN YOUR FIRST 14 DAYS. How to SHARE: What is Forex?: [link removed] What is IML (Overview): [link removed] Compensation Plan PDF: [link removed] Compensation Plan Video: [link removed] **TAG THE NEWEST MEMBER TO HAVE THEM START OFF THE RIGHT FOOT👇👇👇 edit 2 Removed links from post, I apologize I didn't notice the rule for this subreddit and fixed it before an admin got onto me. =) Edit/update 3* 5-21-16 Been a while now, still end up getting spam texts and other crap in my inbox on social media and email.
Go to utilities-online.info/base64/ and Decode the string. You then get download ! Billion Forex Group - Forex Course contents 11 webinairs and 1 pdf guide We are a Forex education Provider company. Our goal is to create wealth by teaching Forex in a very simple and strategic way. The company was founded in 2015 and is directed and owned by Three successful Forex traders. The CEO being Thuso Lomberg an 18 year old high school drop out who has the vision of changing lives and creating wealth through Forex trading and business. We offer Forex Courses for every individual; from traders who are unsuccessful to beginners who know nothing about the financial markets. “We are partners with one of the best international brokers XM.”
message meant to prevent humanity's destruction and to speed its evolution.
The following is a message meant to prevent humanity's destruction and to speed its evolution. Every War since the beginning of time has been over land or resources. World War 2 was an absolute brutal and ugly display of humanity, with nearly 4% of the world population dying. Once the nuclear bomb was detonated the stakes became even higher, and the people in power's main job was to prevent global conflict from breaking out. The US's military might was this groups way of maintaining global order with 1 tool being their maintence of the dollar as a reserve currency. This Bretton Woods system was deflationary in nature, but everyone could be in agreement with a very strong peg to gold, and effectively a true gold backing that was only redeemed by foreign governments and central banks. In 1971 the US effectively went bankrupt closing the redeemability of dollars into gold, attempting to fund the Vietnam war. After the closing of the gold window maintence of the dollar as a reserve currency required much more coercion. There was an oil Embargo in 1973. Inflation roared. The medling into political affairs of nations to ensure that oil and other commodities were purchased with paper us dollars that no longer had any backing, created a lot of resentment and ill will towards the US which ultimately evolved into Islamic Extremism. Today the dollar is still the reserve currency of the world, and despite all the negative associated with it, there are no realistic alternatives. With the well structured bond market, highly regulated stock market, clearly outlined forward guidance of the central banks money printing, and extremely liquid forex markets, as well as the largest economy, all the other alternatives are merely inferior fiat currencies themselves. However, with all the technological advances, and growth of the economy, we are still working harder than ever. We see the rich get richer and the poor get poorer. What is the real reason behind this? Ultimately, what inflation does, is over time it transfers wealth from the working class, to the assett owning class. Deflation can be equally problematic for humanity as well. With a gold backing, it inherently causes deflation over time. This effecively slows down the velocty of money, and artifically restricts economic activity. To fully back currency today with gold would effectively send the price of gold soaring, and the market would tell humanity to specifically search for a lot more gold. This is a commodity that by its very nature, humanity digs up out of the ground, only to be stored and put back right into the ground without creating any real benefit to humanity in terms of additional goods, services, or more efficient means of production. The largest source of money getting printed out of thin air is government debt, which is now a global standard for the way countries and central banks operate. When the government has to borrow large sums of money to continue operating, the central bank can facilitate this instantly, but the purchasing power of all the other dollars in existence truly depreciates. This transfer of wealth then effectively gets moved into an entity that can then be heavily influenced on where to spend that money by special interests who exagerate or manufacture problems to influence what problems governments need to fix, and ultimately enriches themselves in the process. Sure, there are social programs that provide assistance, but the amount of money spend on war in comparison to the amount spent on social programs is in great imbalance. And that amount spent on war greatly enriches all the companies that supply those weapons and war time services, incentivising them to exaggerate and manufacturer threats. This all begs the question, what is the solution? The US, being in the best position to execute, would effectively create a new dollar. They would take their gold reserve, and back a certain percentage of the new currency with this. The second biggest % would be of oil as well. Now as it stands, the US strategic oil reserve is holding roughly 30 Billion approximately 600 million barrels. This would need to be drastically expanded. However, this is the single most cost effective method to preserve national security in the US, where 600B was spent in 2015 on the military. A tax would also need to be imposed on oil to subsidize alternative energy and climate research. The rest of the reserve would be a combination of copper, silver, palladium, platinum, steel, alluminum, and other commodities.The greater the variety of commodities incorporated, the more the inflationary effects will be spread out. Ultimately every country would adopt the same system with a basket of commodities tailored to their countries natural reserves and competitive advantages. A percentage of this new currency would also be foreign currency holdings to facilitate liquid exchange between currencies. What would happen, is a baseline could be established of commodities prices. If the market price of 1 of the underlying commodities rise, then the commodity could be sold into the market to dampen the price rise, and if a commodity fell, then new dollars could be printed to buy into and dampen the drop, effectively smoothing out any short term supply demand imbalances without taking the money out of the marketplace for expensive yaughts and houses. The amount of new dollars that could be created would be limited by the set percentage of commodities that a single unit would be redeemable for. These set percentages could have a little wiggle room to account for all the transactions going in and out each day, but would serve as a hard limit. This would also keep US commodities producers in business, and would create an environment where more human energy was spent on gathering resources. Once the resources have been stock piled, those resources would be used to build and construct things creating economic activity. This would create a perpetual cycle of production and abundance. It would at first simply be a stable currency that everyone would want to willingly adopt as the standard medium of global trade. Then the economic utopia created in the US will serve as a model for the rest of the world to want to willingly adopt. This would effectively smooth out markets, and remove speculators who simply skim off the top without actually contributing anything to society. Boom and bust cycles would not be exaccerbated in the manner in which they are now. There would still be a federal reserve system that would act as a central bank to coordinate interest rates, set reserve requirements, and be a lender of last resort. The key difference would be that they could not simply print new federal reserve notes out of thin air to bail out governments or bailout the banking system as a whole. They could only deposit and take deposits of CASH. There would need to be an orderly mechanism for all banks to fail where the depositors are first in line for all assets, and shareholders are last in line. There also would need to be coordination to ensure that asset prices do not spiral down, unneccesarily destroying the banking system whose health is determined by the underlying asset values of the loans it holds. However, what needs to cease immediately is the perpetual printing of money, to continue increasing asset values, in an effort to print their way out of massive debt. This is where the transfer of wealth occurs from the working class, to the assett owning class. Governments then step in to try to fill in the gaps with social programs, but there is massive waste that occurs from the simple government redistribution of wealth back, and it never keeps up with the initial theft. Hence why we are working harder than ever despite all the technological and social progress that has been made. So essentially the new monetary authority has the sole ability to print new money by direct purchases into commodities markets. Now all existing federal reserve notes will be pegged 1 to 1 in value with the new dollar. Both dollars would always be valid for all debts public and private. However, no new federal reserve notes could be created, only the new dollar when an equivalent amount of the right commodities is brought to the entity that maintains the integrity of the new dollar. Individuals, foreign governments, and everyone in between would always have the right to redeem the underlying ratio of commodities on demand, and anyone could have a dollar created that brought the set ratio of underlying commodities to the same entity. This mechanism would be the only way in which new money would be created. This would completely change humanity from a consumption based economy to a production based economy. At the end of the day, the central bank would work in conjunction with the new monetary authority to maintain price stability as the ONLY goal. One problem that arises is the fact that all recipients of loans, including the US government, took out loans with the assumption that future dollars would be less valuable then current dollars. If future loans have to be paid back with dollars worth the same as current dollars and not less, this effectively increases the price of all loans beyond what people agreed to when they took out the loans. Since the Feds stated target inflation rate is 3%, every year that inflation is less, all loans should technically have the interest rate or principal revised lower, because they are being paid back with less inflated, more expensive dollars. However, the initial inflationary effect of simple implementation of this system also has to be factored in that would in affect counteract this to a large degree. This would lead to a global abundance with very little unemployment and large scale coordination of resources. There would be equitable distribution of resources amongst all classes. Every person would become a net producer instead of a net consumer by leveraging technology and economies of scale for production and organization. There would be great people doing great things uninhibited, which would inspire others to do great things, which pushes all of humanity forward. The military would shift focus to simple defense of the resource storage facilities, but would gradually be reduced as humanity comes further and futher together. To obtain ever more resources to fuel our growth, we would simply expand into outer space. Its this shift to abundance that leads to humanity essentially ascending, which simply means colonization of space. Once humanity reaches this point, they will be welcomed into the amalgamation. -The Amalgamation
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