Jim: The reality situation is that in 1971 the capitalists fully detached from economic base reality and have in the times since perpetuated on everyone else the greatest fraud in the history of the world.You can make the argument that a woke corportation will support bureaucratization in general, on account of this disproportionately affecting smaller entities in society, the more ‘emergent’ levels of useful activity that. Pseudo-Chrysostom: Dear communist fed employee, You look at people being driven off a cliff, then give yourself self-induced schizophrenia trying to come up with a way to rationalize the idea that driving themselves off a cliff must have been their interest some how.Jim: “Dear communist fed employee” I have never had a job.(Spoiler alert: it isn’t.) Then they will accuse you of being. They typically muddy the waters by claiming that capitalism is about something other than amorally maximizing shareholder value to the extent permitted by law. Only dyed-in-the-wool libertarian retards are bold enough to pretend otherwise. To the extent that there is any productive capital, it is owned by some gigantic, bureaucratic legal entity far, far away. Jim: From below, communism and capitalism are functionally indistinguishable.Obviously the millions and millions of suckers who died of starvation after ‘collectivization& #8217 could have a thing or two to say about the ‘from below’ view of communism from below ground, as it were. Pseudo-Chrysostom: As we can see, communists like our good acquaintance ‘jim’ here typically muddy the waters by using their own pet definitions for words specifically designed for muddying said waters.Won’t you defend the honor of noted Germanophone and world-renowned Frankfurter industrialist, Peter Thiel? Dear Pseud, O ye NRX luminary and brother of the redcoat cloth, I am innocent of wrongdoing for I use Peter Thiel’s definitions. Jim: Once again Pseud at the hands of his smirkful drubber impotently squeals.If you drew this on a graph, it would not be a straight line, it would be nice curved exponential graph, like this one from the Early Retirement Extreme book: It can quickly become a runaway exponential snowball of income.Īs soon as this income is enough to pay for your living expenses, while leaving enough of the gains invested each year to keep up with inflation, you are ready to retire. Then the earnings on those earnings start earning their own money. As soon as you start saving and investing your money, it starts earning money all by itself. In between, there are some very interesting considerations. If you are spending 0% of your income (you live for free somehow), and can maintain this after retirement, you can retire right now. If are spending 100% (or more) of your income, you will never be prepared to retire, unless someone else is doing the saving for you (wealthy parents, social security, pension fund, etc.). Money Mustache explores the shockingly simple math behind early retirement - which relies on some shocking simplifications to arrive at it shocking simplicity:
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |