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Re:The coming long-run slowdown in corporate profit growth a... by __MatrixMan__ on Sunday October 30, 2022 @11:52AM (#33395501)
I don't see problems that can be fixed by buying something. Or rather, by buying abstractions in hopes of being able to sell them for more more later on (i.e. gambling).

Personally, I think that the declining state of privacy is increasingly incompatible with democracy. I want to live in a democracy when I'm old, so I'm saving up to take a few years "off" and work on some ideas that I have which I think will help.

So I suppose I will be buying things along the way. Food. Healthcare. Energy. Internet access. But I'll be doing it because I want to live in the world that I'll be creating (i.e. I'm investing time in creating that world). Not because I think I'll end up with more money when it's all said and done.

So maybe I'm putting words in ferdowski's mouth here but I really think that by "buy" they meant "allocate my money under the expectation that it will grow without me having to do any extra useful work along the way".

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