this post was submitted on 10 Nov 2023
751 points (95.7% liked)

Memes

45895 readers
1166 users here now

Rules:

  1. Be civil and nice.
  2. Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago
MODERATORS
gary_host_laptop@lemmy.ml
sexy_peach@feddit.de
cyclohexane@lemmy.ml
cypherpunks@lemmy.ml
751
I value this meme at eleventy billion and won't take a cent less (lemmy.world)
submitted 1 year ago by Custoslibera@lemmy.world to c/memes@lemmy.ml
122 comments fedilink hide all child comments
 
you are viewing a single comment's thread
view the rest of the comments
[–] Bonehead@kbin.social 2 points 1 year ago

People saw things going up 100% in price from one day to the next, compared to a 2% per year savings account. That’s very enticing for anyone.

And that's the entire problem...by the time things go up in price by 100%, the people that will make money have already made it. Getting in at that point is useless, and will likely lose money.