MoneyMystic CounterPoint ...vol 4 ...fairness

[MassacreBlast]

Perhaps over a certain dollar amount, make it so the spouse can inherit a certain percent of money. However it's tough to discern if someone will give money to their spouse in cash before they die or other scenarios to cheat the system that could easily be carried out.

[TJae1]

Jaywalking - News vs. Pop Culture

[TJae1]

Jaywalking - Book Smarts 

[TJae1]

Rob's Jay Walking (enjoy :)

[TJae1]

I'm not an economics major ~ but ~ how many here R ~

Man of the St. comments ~ abide here :)

[EeeScape]

...and normally when someone wins at Monopoly, you start over. But the problem is, in the real world, the private owners (Billionaires) of 1979 didn't want to start over. So, they just kept extending the game longer and longer by encouraging debt (which is currency made out of thin-air). Each new racket is just another way to extend the game of Monopoly. Saving & Loan scandal, Dot-com bubble and the Housing Market Bubble. Right now they're looking for their next racket.

[EeeScape]

The Monopoly analogy is perfect. It happens in cycles. At some point there's one winner and concentrated wealth. This is a game that has only a few players so if you multiply this metaphor by 1000x then you have world economics. Back in 1979 the same thing happened. The owners didn't have any thing else to invest in. So, they started lending at unprecedented levels. And this debt is a way to resell "Park Place" again, and again, and again. And this debt isn't really value. It comes from thin-air

[SkidRowRadio]

dopey fuckin pyramids are the thing that will kill us all.

[BiodegradeableMan]

The naivety shown in the young commentators is expected but when people over the age of 30 cannot see how perverse capitalism is I despair.

[Trimbler00]

What better way to diminish wasted labor than to put people in command of their own resources? This incentives people to make productive investments as opposed to drowning their resources on frivolous entertainment. A sure fire way to encourage people to waste their money is an inheritance tax-- if it's not going to to stay in the family, why use it constructively?

I'm not saying that there's no wasted money or that businesses or entirely efficient. But they do have the more incentive to be so

[Trimbler00]

@Trimbler00 than bureaucracy.

[55ella2007k]

virtually the entire financial service industry is a gigantic waste of labor, not to mention the marketing industry. It produces absolutely nothing.

[zapo147]

So we shouldn't be able to give money to our children?

[MrShittyFag]

Work isn't wasted by the rich, their business deals affect their budget. Work is wasted by government as it gets its funds, regardless of its performance, from taxpayers. If you think that an entity that gets the same funding, whether it performs well or badly, will choose to perform well out of the kindness of its heart, you would be delusional.That's govt spending

The rich only "waste" money on luxuries that "perform no social value". What more of a social value do you need than getting paid ?

[heloizyjhenifer]

In the 70's even the communist bloc was doing well, everybody acknowledged things were looking pretty good for the workers. I'm curious as to what made this overall good an epoch. Well, if not good at least there was fairness in the air, you could live decently.

[zthustra]

Isn't it funny that we think technology improvements should lead to lighter work and more liesure time for labor and the plutocracts think it should mean fewer laborers working just as hard and more profits for them.

[IntheDudeWeTrust]

Your Monopoly metaphor counldn't be more true.

Fuck the Rich.

[oldhacks]

# Comment removed jagball22 1 hour ago Reply # Comment removed jagball22 1 hour ago # This has been flagged as spam show hide VampiressOnDaProwlq 5 hours ago # Comment removed VampiressOnDaProwlq

[VampiressOnDaProwlq]

@Inmendham

you even acknowledged Ella in UK and her vids?

i strongly recommend you starting to acknowledge & interact with your "choir" audience supporters before you lose them.

your proposals, assertions, vast knowledge and way you deliver your thoughts are very valuable and far more people need to hear it!

but they never will ... if you lose support from all these friends putting forth a lot of effort to promote you by word of mouth.

that will end if they become frustrated by your dismissals.

[VampiressOnDaProwlq]

@Inmendham

i second what AntiBullshitMan said!

kudos & hey AntiBull rawrrr lol

Inmendham, i've commented you with constructive insightful comments worth you taking time to acknowledge.

especially when i complimented you not just in a "preaching to the choir" way but additional thoughts that enhance your proposals.

you should give attention to positive comments, not just negative. they contribute valuable proposals you may learn from.

AntiBSMan has done far more than me & so has ... TheAzov.

[TheFundManager]

I entered this rude existence with nothing and soon I will exit with nothing and turn to dust. In between alpha and omega for me is ~nonsense

~ can be equivalent

[seanthelight]

In what system can fairness be achieved, by the opinion of both the naturally advantaged, and the naturally disadvantaged?

Why do the children of the wealthy not lose their inherited fortunes to the more merit based businesses?

[seanthelight]

I have only been watching mystics videos for a month or so now, so I do not claim to be more experienced than anyone else. I would say that it seems to e mystic agrees with the premise that things should be better for everyone, than they are now. He speaks down on corruption, and explains some of the workings of the banks that I would never have paid any attention to, much less given weight in my own opinions.

[55ella2007k]

Both of the points you made are excellent counter arguments. The thing is, I believe that Nick understands perfectly well what 'fair' is, he just doesn't think fairness is necessary , let alone valuable. I can't even wrap my head around this kind of thinking. As I said, I will make my own video response to Nick when I have the time.

[AntiBullshitMan]

I'm not trying to be a video agenda setter with this, but you've been responding to Mr. Mystic for almost 4 years now... and throughout most of that time, the exchanges have boiled down to the same handful of basic disagreements, which have gotten painfully circular by now. I have to ask, is it that hard to respond to someone who will actually reply back to you more than 1% of the time? I know he "responds" to you more than that, but rarely does he actually tackle the meat of your arguments.

[sanctiX]

@AntiBullshitMan because he has no fucking arguments to counter with, he's just an old man that can't have been wrong.

[sanctiX]

Those who defend capitalism are those that gained off the system and brainwash the loosers that they "also " can be winners.

Total scam, besides capitalism works if you real growth, wich we don't have any more...look at the velocity of money factor, it's been declining last 11 years and the rich have never been richer....Oligarchism here we come..

[TheAzov]

Labor must reproduce itself by adding value - creating the basis of new labor. The pyramids were a huge erection designed to jack off the Pharaoh, not planting productive seeds in the body of the economy. Or somethin like that. . ..

[TheBlaspheemer]

~ can mean about. A wavy = is what I was taught in school that meant almost equal too.