don't be overcomplicating things - you're completely missing the point. there is a simple solution for poverty - forced sterilization of the poor. china is doing it, while we are importing mexicans - and that's why china is going to stomp all over us. instead of whining you pinky libs should be studying chinese.
Google's clicks START at a dollar and goes up from there. For very popular keywords, for example something like "life insurance," can run $5.00 per click and that was five years ago. I can't imagine what it would be today. Google is a fucking huckster.
You have described the situation very well, you're very articulate. We have seen, in the past decade or so, the largest transfer of wealth from the poor and working class (serfs) to the very rich, in US history. As you said, there are people who sit on surpluses they don't need and say "I'm entitled." More, more, more. And there are people who live like serfs, half of whom go out and vote for those who are picking their pockets.
@bulbheadmyass Videos like yours, enlightening people, do help. Good work there. You might like my video about bankers. (Go to my channel and search for bankers.). Keep up the great vids, my friend.
if you search - U.S. National Debt Clock - you will find a 'clock' that shows you in real time how much debt there is, how much you owe, population growth.. a bunch of stuff. I don't know how accurate it actually is but it's pretty scary watching those numbers spin.
@aswtx75 That's scary as hell. I've looked at it before but it looks like they've majorly updated it with far more information. The scariest part about it is the DEBT:GDP ratio.... our overall debt is 96% of our GDP and climbing. Is it over when we reach 100%? How does this work? Anybody?
The poor and average joe's pays for inflation, because rich people can easily move their wealth into commodities. So you could call it a taxation for the poor.
I think you overemphasize the role of labor and underestimate the function of capital ownership. Starting projects and hiring workers requires capital investment, whether it's rich to middle class people investing or its government grants. Labor projects are impossible without that.
Interest functions to signal to investors which projects are most successful. If I can promise my investors 5% profit, they know it's probably a project likely to succeed and so allocate money to my project.
@adjohnson916 If my project involves taking all the money invested and using it as toilet paper, I won't be able to promise my investors anything. In this way, interest helps classify projects in terms of their waste or likelihood to succeed. And success in business is of course appealing to consumer demand, which involves producing things that consumers would rather have than the money they pay to acquire them. That's called consumer surplus, and it's a good thing.
Inflation will come., and some will benefit. Most will suffer in their livelihoods. Consumerism cannot sustain itself. Growth is not the same as development. Continuous growth is impossible, no living thing can infinitely grow. The economy is a living system interconnecting billions of living things.
The global economy needs to develop, but cannot sustain endless growth. Growth only leads to improved life quality until a certain point, and then begins to lessen life quality. Development!
found my way here via a link on ABM's homepage. great channel!
fringeailments 1 year ago
don't be overcomplicating things - you're completely missing the point. there is a simple solution for poverty - forced sterilization of the poor. china is doing it, while we are importing mexicans - and that's why china is going to stomp all over us. instead of whining you pinky libs should be studying chinese.
g1981c 1 year ago
Comment removed
matrixflower13 1 year ago
Google's clicks START at a dollar and goes up from there. For very popular keywords, for example something like "life insurance," can run $5.00 per click and that was five years ago. I can't imagine what it would be today. Google is a fucking huckster.
HigherPlanes 1 year ago
You have described the situation very well, you're very articulate. We have seen, in the past decade or so, the largest transfer of wealth from the poor and working class (serfs) to the very rich, in US history. As you said, there are people who sit on surpluses they don't need and say "I'm entitled." More, more, more. And there are people who live like serfs, half of whom go out and vote for those who are picking their pockets.
bulbheadmyass 1 year ago
@bulbheadmyass Videos like yours, enlightening people, do help. Good work there. You might like my video about bankers. (Go to my channel and search for bankers.). Keep up the great vids, my friend.
bulbheadmyass 1 year ago
if you search - U.S. National Debt Clock - you will find a 'clock' that shows you in real time how much debt there is, how much you owe, population growth.. a bunch of stuff. I don't know how accurate it actually is but it's pretty scary watching those numbers spin.
aswtx75 1 year ago
@aswtx75 That's scary as hell. I've looked at it before but it looks like they've majorly updated it with far more information. The scariest part about it is the DEBT:GDP ratio.... our overall debt is 96% of our GDP and climbing. Is it over when we reach 100%? How does this work? Anybody?
YourBrainOnReligion 1 year ago
@aswtx75 Fantastic! ..... thanks aswtx75
matrixflower13 1 year ago
By reducing amount of work at the market, we'd be able to increase it's value.
BeyondWrittenWords 1 year ago
Even uber-capitalists like Bill Gross are talking about the lack of real productive capacity in the economy being a big problem.
cruzander 1 year ago
The poor and average joe's pays for inflation, because rich people can easily move their wealth into commodities. So you could call it a taxation for the poor.
sanctiX 1 year ago
I think you overemphasize the role of labor and underestimate the function of capital ownership. Starting projects and hiring workers requires capital investment, whether it's rich to middle class people investing or its government grants. Labor projects are impossible without that.
Interest functions to signal to investors which projects are most successful. If I can promise my investors 5% profit, they know it's probably a project likely to succeed and so allocate money to my project.
adjohnson916 1 year ago
@adjohnson916 If my project involves taking all the money invested and using it as toilet paper, I won't be able to promise my investors anything. In this way, interest helps classify projects in terms of their waste or likelihood to succeed. And success in business is of course appealing to consumer demand, which involves producing things that consumers would rather have than the money they pay to acquire them. That's called consumer surplus, and it's a good thing.
adjohnson916 1 year ago
Yeah we are for all intents and purposes an economy based on BULLSHIT,with get rich quick schemes and shouts of "freedom".
And no end in sight..
fuck..
zoticus1 1 year ago 8
a big wealth tax could pay gov debts to keep the system for a while,
but the wealthy and the retired are innocent about the mechanics of the system, the system creates its own conciousness.
I stick my hope to "apios americana", the underrated tuber and look forward for gardening this summer.
babylonoise 1 year ago
Inflation will come., and some will benefit. Most will suffer in their livelihoods. Consumerism cannot sustain itself. Growth is not the same as development. Continuous growth is impossible, no living thing can infinitely grow. The economy is a living system interconnecting billions of living things.
The global economy needs to develop, but cannot sustain endless growth. Growth only leads to improved life quality until a certain point, and then begins to lessen life quality. Development!
youngbuck189 1 year ago 6