Oddbean new post about | logout
 Yeah. Unless they save in bitcoin now, it is just going to get worse 
 exactly. My thing was simply work and put everything in to custodied gold for saving. It was the only option at the time really. At least there's an alternative. The pain being felt won't get better for a while and I also think governments likely to consider that some sort of wealth effect feeling will pacify so make mortgages easier which will then drive it all further until many countries start looking like Australia for real estate. I think we both come from same point of view, I am just talking from a perspective from the past. I was brought up in pretty poor relative poverty so I do get it, and I certainly feel for people, which is why I spend shit loads of time just trying to orange pill people and attempt to focus on the less well off parts of the community am in, but fuck me it's a lot of work with very low conversion rate so far.