Message from @wuzamarine

Discord ID: 677222539109335061


2020-02-12 18:36:56 UTC  

if they were putting to money into a functioning business, that would be fine.
Most store in tax havens or put their money in a commodity.

2020-02-12 18:37:11 UTC  

or a fund

2020-02-12 18:37:16 UTC  

Putting your money in a commodity or fund is investment lol

2020-02-12 18:37:24 UTC  

There’s nothing wrong with that

2020-02-12 18:37:30 UTC  

it is the Trust system in USA that is the real poison.

2020-02-12 18:37:32 UTC  

For example buying houses to rent

2020-02-12 18:38:11 UTC  

@sɪᴅɪsɴᴏᴛʜᴇʀᴇ You are removing the money from circulation when you invest in a fund or a trust.

2020-02-12 18:38:30 UTC  

Incorrect

2020-02-12 18:38:36 UTC  

It’s still in the money supply

2020-02-12 18:38:48 UTC  

Bullshit.
How does it make it back to the consumers hands?

2020-02-12 18:38:59 UTC  

It is removed from circulation.

2020-02-12 18:39:05 UTC  

It is locked up tight.

2020-02-12 18:39:43 UTC  

circulation != supply
circulation is the problem.

2020-02-12 18:39:46 UTC  

This is the equivalent of saying saving removes money from circulation

2020-02-12 18:40:06 UTC  

it does. You're supposed to spend it.

2020-02-12 18:40:14 UTC  

so I guess @wuzamarine you dont think a mortgage is money supply?

2020-02-12 18:40:19 UTC  

No, it’s in the money supply

2020-02-12 18:40:26 UTC  

The point is saving boosts growth

2020-02-12 18:40:31 UTC  

You have a simplistic view of the economy

2020-02-12 18:40:35 UTC  

savings boost growth the most

2020-02-12 18:40:35 UTC  

It's locked up in your pocket and removed from circulation.

2020-02-12 18:40:43 UTC  

it is the hording that is the problem.

2020-02-12 18:40:44 UTC  

its not in ur pocket dummy

2020-02-12 18:40:53 UTC  

it's in circulation. even if it's just in the bank

2020-02-12 18:40:56 UTC  

I’m confused to what you’re saying at.

2020-02-12 18:41:04 UTC  

investments are even less in ur pocket they are liquid

2020-02-12 18:41:22 UTC  

I saw you said the economy was doing fine with a high corporate tax

2020-02-12 18:41:23 UTC  

hording? this guy has no concept of how money lending works

2020-02-12 18:41:42 UTC  

the removal of billions from circulation is the biggest problem and the main driver of economic swings.

2020-02-12 18:41:57 UTC  

I dont even think you know what circulation is

2020-02-12 18:41:58 UTC  

no one removes billions from circulation

2020-02-12 18:42:10 UTC  

Rich people are the majority of the investors

2020-02-12 18:42:14 UTC  

not a single person has billions in cash like scrooge mcduck

2020-02-12 18:42:37 UTC  

You think if said thing they invested wasnt making money via a circulated market they would invest

2020-02-12 18:43:03 UTC  

Yeah I’m not sure you understand how saving and banks work

2020-02-12 18:43:23 UTC  

He thinks the stock market is some multidimensional plane were money just exists

2020-02-12 18:43:48 UTC  

They invest *to make money*

2020-02-12 18:44:01 UTC  

the have to see something making money to invest

2020-02-12 18:44:09 UTC  

This is like 5th grade economics lol

2020-02-12 18:44:37 UTC  

Or at least believe it would grow in wealth

2020-02-12 18:47:55 UTC  

clearly this is a kid who has never paid taxes or invested in his life.