Be nice

It now costs $1 to own more than a billion dollars in assets for one *microsecond. We're talking total value here assets, property.

Bezos would be down to a billion in just over 2 days.

1$ footlongs.

That’s not a good or service. Fucking low bar for humor, holy shit.

Henceforth, $1 shall cost $1. Inflation solved.

Does this one need a sarcasm tag? I don't like using em but this joke is going to start zero fun conversations

A dollar always costs one dollar. What changes is the price of goods.
- Don't make me tap the sign
Sarcasm acknowledged. If it were possible, what do you think the world would look like if inflation were 0% for a few decades? I hope this is a fun conversation. If not, I'll settle for another joke, amusing anecdote or icy silence with a judgmental stare.
- if inflation were 0% for a few decades
  "You obviously know nothing of how the real world works."
  Was going to type a whole bullshit essay with random made up stats and facts to make your idle question look malicious and uninformed, but I just cant be arsed. Can we just pretend I was a cunt for mild chuckles?
- I'd enjoy the topic at a less busy time of life. I'm being kept tired, distracted, and poor lately as a systematic form of oppressive totalitarian rule - and that's just from my kid!
- The world economies slow down probably.
  At negative inflation there is no incentive to spend your money because is becomes increasingly valuable the longer you hold it. With high inflation, there's incentive to spend because the longer you keep your money in the mattress the less it's worth to you.
  At zero it just is, but that's less than the usual goal of a couple percent of inflation year over year.
  Or maybe I'm full of shit idk.
- The assumed reason for inflation, as I understand it, is that on one hand things devalue over time and on the other we build our system around infinite growth and rewarding innovation (many asterisks here…)
  During the Middle Ages, neither statements were considered true, the world was considered stagnant and there was virtually no inflation. That was before the banking system - so with 0% inflation i would expect the banks to collapse…
  And then… I don’t know! Stuff is hard and economics harder…
- Most cryptos are deflationary. That seems to cause hoarding.
  Having no inflation sounds good to me if paired with no growth in population, but I know little about economics.
- 🥶
- Judgemental stare
- Time preferences would be lengthened due to lower interest rates. People would save instead of taking on more debt. It would be harder to get a loan, but your real interest rate would be lower.
  Instead of deliberately encouraging consumption, everyone would buy less stuff. This would be terrible for "the economy" (rich people) but great for people who live in the environment.
The genie just made 1 US Dollar equal to 1 Australian dollar. One problem solved, another created.
Shrinkflation

$2 now costs $1

Congrats, everything has doubled in price overnight.
Economy killed in a single move. 😅
- I'm putting a 100% tarrif on $1
- We just killed the printing machine of one group. We'll trade other things.

Rent.

Make cents
- Nice. Here, have a penny for your thoughts.
Fuck rent. Home ownership. And 2 homes max.
- Wait. It's possible to actually own a house? I thought only boomers were allowed to. I checked what mortgage I could get. I'm able to purchase a parking spot.
  And 2 homes max.
  Why would you need 2 houses?
I'll go a step further and say residential property.
RIP rentable apartments
Ok, you get a maximum of 1 sqr feet for that and no paying for a bigger flat.
- Feet? I'm not Tarantino
- This is a huge win for tiny contortionists.
If only residential rents really were capped at $1, what do you think would happen? In this scenario, I'm assuming it's limited to one per household. That is, a family or individual can't rent multiples at $1, just the one.
- The rental market immediately dries up as everyone with the ability to move into a rental place does so. Owners of apartments and rental houses immediately divest at the earliest possible time since properties are no longer lucrative. In the meantime, they fail to put any effort into the pretense of basic upkeep except whatever makes their rentals sellable.
  The market becomes immediately saturated with previous rental properties now available for individual sale and high supply lowers cost dramatically. The idea of sunk costs makes owners unlikely to sell at rock bottom prices so apartment complexes and the like go out of business, evict everyone and sell their copper from their air conditioners to modestly recuperate the last few months of expenses (water, electricity, leading office staff, etc) and burn them down for insurance money. Single family homes are donated for the use of younger relatives until the market recuperates enough to sell.
  It's a wild ride for about $24 worth of months for all renters, then, ultimately, the price of housing comes down but renting is no longer a "thing". Some renters can now afford to buy their own houses (Yahoo!) but without changing the pay structure of society, the most vulnerable of wage workers are now homeless (Crap).
  Or something, idk.
Per square feet?
- My feet have a normal foot form, not square. That seems impractical.

It now costs $1 to buy everything that a billionaire owns

US government for 1 dollar? Count me in
- No thanks it's gone rotten
- Some poor sod at the US government: "Hold on! HOLD ON! We're getting hundreds of payments a minute. We need some time to verify all of the new vote orders. It's very complicated. All votes will happen in due time!"
I'd buy that for a dollar.

Star Trek matter replicator (batteries included)

Hell yes infinite beans!
- 500 cigarettes.

Self actualization.

Boom, straight to the top, fuck you Maslow.

How does that work if I've still got a dead-end job though?
- Smile more

Raising a child.

That should cover like 90% of everything for everyone, even if you don't have kids.

1 dollar children, I like that
How is this hypothetical child being raised? Are we talking Capri sun here or Tropicana. Do they get an iPad?
- Ipad is 2 dollars.

Bitcoin.

That could actually make it a viable currency. Unless you mean the entirety of all bitcoin in which case lol.
- if the US dollar crashes then Bitcoin would do the same, with that drawback why not just use the dollar? (I know nothing about crypto)
- I think there are cryptos that fix their value to the dollar
The USD is now backed by bitcoin and you spend small fractions of a dollar.

Housing.

Which means house holders will buy it more
- Legal limit of 2 per household. Illegal for corporations to own housing of any kind. Immediate sell-off mandatory.

2 bedroom apartment

Unfortunately a three bedroom still costs $2000, I don't understand it either
Man, that jump to a 3rd is STEEP

Asking a price for something costs 1€ for every 0,50€ now.

I didn't understand this. Could I have an example?
- You want to sell an apple for 3€. That is 6 × 50 ct. For every 50 ct you ask in price you have to pay 1€. Therefore if you ask a price of 3€ for an apple you have to pay 6 × 1€ = 6€.

My smile. Time to make the world a better place.

To whom does the money go?

To me of course
Free Parking so that the game can drag out indefinitely.

The cost of all stuffed animals at a thrift shop.

Then I could easily work on increasing the amount of rescues I will have. It's currently 1.5 rescue to 4 others ( purchased at a store, gift shop, gift, etcetera ).

My goal to someday have more rescues than store bought would be a little easier.

Oh yeah, and kids would have an easier time accessing them because $1 stuffed animals are a lot easier to convince a parent to buy than a $5.99 stuffed animal. But I don't like kids, so they were an afterthought!

Currently it costs direct air capture startup "Climeworks" about 1200 usd to remove one metric ton of CO2 from the atmosphere, the average human directly emits about 0.8 kg of CO2 a day (just through breathing).

Thus, breathing costs 1 USD a day to offset using "Direct Air Capture".

It said price, not cost. Now no one will solve climate change because the price is beneath cost.

the economy

Was about to say some index fund or smth.

My rent

Bro you could have said mortgage
- I would have just gone with housing.
- Ngl, the thought of ever getting to own my own home is still so far out of my reach that I just don't think about it as a possibility most of the time.