Message from @Graylan | gray00
Discord ID: 463169427341312020
YT is propped up by advert money, both YT and the millions of dollars Google pumps into it via Alphabet Inc
@crash_matrix YT is owned by google
google was funded by US dept of defense
It runs on an almost exclusively carried loss - check their annual corporate statements
its proped up by govt money
look into funding source originally
who dev google, and how they bought YouTube and built it into their massive monopostic system
so that goes back to Money is printed from thin air
or digitally clicked into existance now a days
Allowing for growth in tech
US gov't money doesn't just come out of thin air; don't buy into socialist mottos -> there's a lot of complicated exchange that props up the US dollar, including contracts, futures, liquidities and commodities
@crash_matrix it's still printed or created by a central person
under the supervision of the federal banking cartel
You agree?
That's a gross oversimplification
Not entirely
No -> entirely
Tether is also printed
does it have backing?
I don't know what tether is
tether is one of them
you never seen tether printer memes?
Fraid I haven't
also, i have my own bot that prints money from thin air 😛
anyone can build one
bahahah
oceans of liquidity
i love it
lol - this is reminiscent of debates I had back in the "gold reserve" days. There was a surge in printers of "promissory notes" about 10 years ago, where you would pay for a piece of gold reserve.
Turned out most of it was just a racket. Loads of ppl got arrested for fraud and racketeering
@crash_matrix and if you really want to go deep the fed wont give us the numbers
so no one really knows who how or where the cash comes from who who is in control
its a private entity
but on steem , i know my stake. i know my bot. and the trail its on.
everyone knows that
all my viewers. IT's open.. unlike VICE
unlike NYT
The market is. US dollars are only fractionally backed by the Fed Res. They're backed by contracts, promises, commodities, stocks, and pretty much every market on the planet
@crash_matrix the problem is with transparency