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Inflation Has Peaked! So What? 11/11/22


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1 hour ago, MisFit Kid said:

 

So did the NFL(American Football in General).....😵

Seems like the game in Munich was a success.

in Europe it is absolutely unimaginable that a club is moved to a other city, but well that‘s why it is not called a „club“ in the US, but „franchise“.

I think the very old franchises can‘t be moved, or else the fans would run amok. Guess if ever the owner of the Yankees would move them to LA or so, he would bd shot dead the next day or hanged at Times Sqaure.

What about the Eagles? How would Philly react? I remember when the Minnesota North Stars were moved to Dallas the fans were very angry.

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1 hour ago, fxfox said:

Seems like the game in Munich was a success.

in Europe it is absolutely unimaginable that a club is moved to a other city, but well that‘s why it is not called a „club“ in the US, but „franchise“.

I think the very old franchises can‘t be moved, or else the fans would run amok. Guess if ever the owner of the Yankees would move them to LA or so, he would bd shot dead the next day or hanged at Times Sqaure.

What about the Eagles? How would Philly react? I remember when the Minnesota North Stars were moved to Dallas the fans were very angry.

It is called a Monopoly (Used to be illegal), but not for them............

Funny, the LA Dodgers are from Brooklyn (NY),

Giants (NY) and A's (have moved and are looking to move $$$)

.....not to mention the others in "the day"

As for the Minnesota North Star......Big Money brought them to Dallas

and now they actually have a "new team" in Minnesota

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WHAT IS VALUE.......PART N+1

An asset with intrinsic value has an "Internal Value" the NPV of cash flows.   

A GFA...Greater Fool Asset (all of crapto) has an internal value equal to zero, but is does have in a manner have a real "External Value" equlivalent to its sale price. But the value achievement is entirely dependent on a sale of the asset. 

So the value of a GFA is really the sum of two values ...the sum of (Internal value = 0, plus ...external value = sale price).

But the external value does not really belong or attach to the asset itself as it can only be achieved by selling the GFA.

So the GFA is only really an "option" on achieving an "external value".

The external value really attaches to the owner of the asset (as they exercise the option) and not the asset itself!!!

As the value is decision dependent. 

While the GFA is owned it has no value. And when the asset is sold the value attaches to the owner not the sold asset!!!!!

So the value really just transfers from owner to owner with the GFA really being a "psycological state" cipher inserted in between the owners to represent a time and value differential. 

The GFA in its purest form is a "psycological state/asset"

Alter the phsycological state of the GFA, then you alter its price, and you alter the time/value equation.

Thats why you get constant propganda....mantras.....endlessly repeated by "gurus" in the media such as Bitcoin will go to $100,000 by the end of the year etc etc..... 

The time/value equation is effectively your ROI on your GFA.

Investors should stick to assets with "Internal Value" and avoid GFA's like the plague.  (but we know they wont dont we....)

Speculators can make money out of GFA assets with "External Value" if they know what they are dealing with...assets that in the long term are going to be worthless.  

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