/biz/ - Business & Finance

>>30215679
>Yield is FUTURE DOLLARS
NO! It's NOT!
when you chose not to 'consume' your dollars, i.e. turn your dollars into real world goods and instead take the risk of investing those dollars, do you do so because you want more dollars, or because you want more stuff? what people want is not dollars! what people want is goods and the basis of all goods is commodities! this is why we have nominal yields and REAL yields
nominal yields = dollar yields
REAL yields = dollar yields - the increasing cost of commodities = REAL YIELDS
yields are STUFF, when we invest and defer consumption we do so because we want to consume more in the future!

this is why gold is the ultimate money, because it is the ULTIMATE COMMODITY, gold is the most versatile metal in the world and it is also the only metal in the world that can do those things for an eternity (its value never fades) so if you have gold you will be able to trade it for any other commodity that you want
this is the REAL REASON why bitcoin and fiat is shit - bitcoin and fiat cannot be used to create the things that humans want, need and desire, they can ONLY be used to TRADE for things that can create the things we desire, i.e. the only way for someone with fiat/Bitcoin to buy useful stuff is to convince them to hand over those useful things for something that is NOT useful in hopes that someone else will trade those non-useful things (Bitcoin/fiat) for useful things (gold, silver, oil, etc.).
BITCOIN AND FIAT = PURE FAITH BASED SYSTEMS


>YIELD = ADDITIONAL WEALTH CREATED AS REWARD FOR SUCCESFUL INVESTMENT
>WEALTH = GOODS
>GOODS = COMMODITES AND PRODUCTS (MADE WITH COMMODITIES)