Why aren't we all getting rich from compound interest?

Because of compound inflation.

Bitcoin is at all-time highs. We now have the most pro-crypto government in history. Fink is buying by the truckload. Yet, retail are still asleep. Pay attention anon. Subscribe now to our newsletter and join 330K+ crypto enthusiasts for daily insights. (it's free)

Thank you, but now I’m depressed.

Don't worry I've been depressed for years

So if I die in debt then I’ve made a profit.

Gary is doing good work.

The message I get from your videos is: DON’T work hard, save, invest, and try to create a better life for yourself. DO become a socialist and get really angry at anyone who has more wealth than you. It’s seems less about economics and more about politics.

Economist Richard Werner showed that private banks create money -they don't use deposits to fund loans. Therefore, mortgages are newly created money. Banks primarily create money for mortgages and other asset transfers. This leads to inflation in asset prices. Inflation in asset prices exacerbates wealth inequality. What do you make of this and Richard's work @garyseconomics? "the majority of money in the modern economy is created by commercial banks making loans" -

Psst.. it does work folks. It worked for me, it works for the FIRE Community and it works best for bitcoiners. It’s simple (not easy): 1 have income. 2 spend less than you make. 3 buy assets govs can’t print (SP500, gold, bitcoin). Why doesn’t everyone do it? They don’t want to lower their time preference. They don’t want to learn about finance. They hide behind limiting beliefs. They don’t think about becoming wealthy. They friggin spend too much. Ps. Buy Bitcoin.

holy tits you’re the biggest larp on X !

Really interesting Gary. Thanks!