I got into it with someone I worked with [who made exactly as much as me.] Asked what would someone buy with $5 billion that they couldn’t get with $1 billion. He couldn’t come up with something, but was still going to defend someone else’s right to have it.
Yeah the conservative fine print is really becoming their front page material fast.
It’s like, they don’t have to cover it up anymore, decades of political brainwashing has gotten enough people on board with the original psychosis for them to just flaunt it.
Abortion access is really hurting them on that front.
It’s all well and good to obsess over and villanise minorities like trans people that have no meaningful effect on conservative lives, but you start attaching a life-long responsibility to another human for an accident, and people aren’t going to like it.
If you give a billionaire money, they basically throw it on the pile.
If you give the average American money - particularly the 57% that can’t afford a $1k emergency, they’ll spend it. That spending funds jobs, profits, and is re-spent again and again until it winds up siphoned off as shareholder profits and eventually added to the pile.
Yeah but if you flood the economy with money by giving everyone a million dollars then you’ll have hyper inflation and the money will become effectively worthless and nobody will be better off.
This is one of the ways billionaires can control countries. They have so much money they can literally affect the value of those countries currency by buying and selling vast quantities of it.
Except we’re not talking about the printing money - we’re talking about the wealthy leeching off the labour of others while pulling money out of circulation, acting as a predatory handbrake on the economy to the tune of a billion dollars vs putting that money in the hands of the workers that created the value, who will also spend it in a more economically stimulative manner.
Everyone would be better off other than a very small few, who are functionally disconnected from the society they leech off in any case.
If you’re going to just dump the money back into the system then you may as well be printing it. Money really isn’t the issue here, it’s the availability of resources. Money won’t fix shit if the goods aren’t available.
If the wealthy own everything what good do you think giving the poor a bunch of inherently worthless bunch of paper notes will do?
It’s very clear you’re not familiar with economic theory - that’s not how any of this work in theory or in practice, (for one, you need increased money supply for inflation, which simply isn’t a factor in this conversation), and the inequality is incredibly socially and economically harmful and unproductive. The inequality is one of the greatest predictors of criminality for food reason.
Pre-response edit: to put it a different way, you make the productive workers, who will be be more included to spend their money in a stimulative way the shareholders, also giving them greater motivation to be more productive. Instead, we’re channelling the profits to uninvolved do-nothing drains on the economy, who take resources from productive workers, siphoning off the motivation to be productive, and pulling resources out of circulation, showing the economy. Owning shit isn’t a job - there’s no reason for it to be the only path to unreasonable wealth.
I got into it with someone I worked with [who made exactly as much as me.] Asked what would someone buy with $5 billion that they couldn’t get with $1 billion. He couldn’t come up with something, but was still going to defend someone else’s right to have it.
Twitter in about 6 more months?
Funny, but you have to admit it was low hanging fruit.
A small country
At the expense of giving 100,000 people a $1000,000 raise, which would massively stimulate the economy.
And those 100,000 people being the country’s industrial elite, the raise being tax breaks for those people, and the country being USA.
You could run on a over the counter GOP ticket.
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Yeah the conservative fine print is really becoming their front page material fast.
It’s like, they don’t have to cover it up anymore, decades of political brainwashing has gotten enough people on board with the original psychosis for them to just flaunt it.
Abortion access is really hurting them on that front.
It’s all well and good to obsess over and villanise minorities like trans people that have no meaningful effect on conservative lives, but you start attaching a life-long responsibility to another human for an accident, and people aren’t going to like it.
Well said.
I’m pretty sure it’d have the opposite effect but I’m no economist 🤷♂️
If you give a billionaire money, they basically throw it on the pile.
If you give the average American money - particularly the 57% that can’t afford a $1k emergency, they’ll spend it. That spending funds jobs, profits, and is re-spent again and again until it winds up siphoned off as shareholder profits and eventually added to the pile.
Yeah but if you flood the economy with money by giving everyone a million dollars then you’ll have hyper inflation and the money will become effectively worthless and nobody will be better off.
This is one of the ways billionaires can control countries. They have so much money they can literally affect the value of those countries currency by buying and selling vast quantities of it.
Except we’re not talking about the printing money - we’re talking about the wealthy leeching off the labour of others while pulling money out of circulation, acting as a predatory handbrake on the economy to the tune of a billion dollars vs putting that money in the hands of the workers that created the value, who will also spend it in a more economically stimulative manner.
Everyone would be better off other than a very small few, who are functionally disconnected from the society they leech off in any case.
If you’re going to just dump the money back into the system then you may as well be printing it. Money really isn’t the issue here, it’s the availability of resources. Money won’t fix shit if the goods aren’t available.
If the wealthy own everything what good do you think giving the poor a bunch of inherently worthless bunch of paper notes will do?
It’s very clear you’re not familiar with economic theory - that’s not how any of this work in theory or in practice, (for one, you need increased money supply for inflation, which simply isn’t a factor in this conversation), and the inequality is incredibly socially and economically harmful and unproductive. The inequality is one of the greatest predictors of criminality for food reason.
Pre-response edit: to put it a different way, you make the productive workers, who will be be more included to spend their money in a stimulative way the shareholders, also giving them greater motivation to be more productive. Instead, we’re channelling the profits to uninvolved do-nothing drains on the economy, who take resources from productive workers, siphoning off the motivation to be productive, and pulling resources out of circulation, showing the economy. Owning shit isn’t a job - there’s no reason for it to be the only path to unreasonable wealth.
What’s your solution - or is there not a problem?