Hoss Delgado (hoss@shitpost.cloud)'s status on Thursday, 28-Dec-2023 03:22:33 JST
Hoss DelgadoBeen saying something similar for a long time. The long-term systemic effects of credit/debt are insidious. They sell you mortgages as a way to own a home, but they don't want you to consider a world where money lenders are not around to inflate prices with their mortgages in the first place. It doesn't matter if you refuse to play the game, you still find yourself in checkmate.
@Hoss Also credit cards were always an obvious scam to me. I once tried to get one, to see if I could snag something on Ebay since it wasn't likely to last until I would have the money in my account. As soon as the bank told me the rates I effectively told them to shove it up their ass.
@Zerglingman@Hoss got my first credit card in college when I was 18 to pay for my books, and I was still making payments on those books 10 years later. I had to learn the hard way. Finally my credit card company said they were raising ny rates to 30%, and I cut that fucker up, tightened my belt, and paid all my cards off in a year. Never got credit cards again.
I did the same thing with payday loans when they first came out. Kept borrowing the same $200 until I realized how stupid it was, tightened my belt, paid it off, and never got a payday loan again. I was kind of a dumb kid.
But now, I have to avert my eyes while my stepson does the same things. He's 32, so he's in the do-not-offer-unsolicited-advice stage. When he asks me, I beg him not to do it, tell him clever things like,do not buy fast food, groceries, clothes, any consumables with your credit card, because you'll be making payments on that shitty burger from Jack In the Box 10 years from now, and he listens politely, then does it anyway. He's kind of a slow kid, but we love him. Just not enough to pay off his credit card, because if he doesn't do it the hard way, he'll never learn.
@Zerglingman@Hoss You're thinking of the wrong financial concept. Loans aren't fake and gay, but usury (the act of charging interest, particularly at an exorbitant rate) is. Usury has always been regarded as criminal in nearly every society on the planet, and Jews are particularly notorious for partaking in it for the last two thousand years.
@Hoss The death knell was the moment kikes and boomers shifted the real-estate market from commodities to financials in the 1980s. The financialization of the real-estate market was the first and last nail in the coffin for the U.S. economy. They turned houses into yu-gi-oh cards.
It's easy to forget that this catastrophic decline started within the lifetime of most of the people still alive today. It's not irreversible, in fact it will likely implode itself in due time. Unfortunately cycles like this take multiple decades to play out and never go down without a fight.
@Hoss Never had or used credit, never will. I have no debts. >mortgages as a way to own a home But they don't, they're literally just renting the home for more than its buyout price from a lender. The fact that people are allowed to 'buy' homes with a mortgage and then set them up as rentals is fucking evil and should be outright criminalized. If someone does not actually OWN the home, they should not be allowed to prop it up as a rental property.
@Eiswald@Hoss The Japanese treat houses as depreciating assets similar to cars, which is good to start with. It still means they have a tendency to bulldoze houses and build cheap ones, rather than just try to build longer lasting ones though
The only correct way to use a credit card is to treat it like a debit card and don't spend more than you can pay off in full every month. I only have them because it's easier to dispute transactions.
@Hoss@Grandtheftautism@Zerglingman I like credit cards to put work expenses on I put like $5-10k a month on personal cards, collect the rewards, then get reimbursed to pay em off in full. The Jews like this because they can do debt based black magic with it and to motivate me to keep doing it they buy me an anime-related international trip every year
@Zerglingman@Hoss Hang all (((money lenders))) and (((debt profiteers))). Anyone who makes a living dealing out exploitative loans should be hanged until dead.
@Tadano@Zerglingman@Hoss > usury (the act of charging interest, particularly at an exorbitant rate) >particularly at an exorbitant rate >exorbitant >God caring about the degree and not the kind >repeating that lie Christians will never attack the Financial Jew until they crucify any and all theologians and preachers that teach that nonsense.
If I ever find out I have a terminal disease I absolutely will take out cash advances on every line of credit I can get my hands on and buy a bunch of gold to bury in a field somewhere for my family.
@Humpleupagus@Hoss@Zerglingman its a good plan though. Retirement Plan A: save your whole life, buy a condo in Florida, take cruises, fuck old bitches with your baller swag lifestyle
Retirement Plan B: die at your desk
Retirement Plan C: run up your credit buying gold bars and bury them in the back yard before you die
I like it, hope I can do Retirement Plan C, sounds breddy gud
@Hoss@Humpleupagus@Grandtheftautism@Zerglingman Cash advance limits are lower than the credit card max. What a nefarious person would theoretically want to do is buy a bunch of gold outright on cards.
Never tried to put it directly on the card, but if it works this is probably the correct play. The bank's gonna know you hid a bunch of gold somewhere when they try to collect on your estate though.
Robbing banks is pretty pointless. Most don't keep that much in the cash drawers. You have to knock over an armored car if you want a real score these days.
@SuperSnekFriend@Zerglingman@Hoss It was not my intention to imply degree matters in usury, I copy-pasted the dictionary definition. Regardless usury of any kind should be deservedly outlawed and persecuted.