Message from @wuzamarine
Discord ID: 677222571665522721
or a fund
Putting your money in a commodity or fund is investment lol
There’s nothing wrong with that
it is the Trust system in USA that is the real poison.
For example buying houses to rent
@sɪᴅɪsɴᴏᴛʜᴇʀᴇ You are removing the money from circulation when you invest in a fund or a trust.
Incorrect
It’s still in the money supply
Bullshit.
How does it make it back to the consumers hands?
It is removed from circulation.
It is locked up tight.
circulation != supply
circulation is the problem.
This is the equivalent of saying saving removes money from circulation
it does. You're supposed to spend it.
so I guess @wuzamarine you dont think a mortgage is money supply?
No, it’s in the money supply
The point is saving boosts growth
You have a simplistic view of the economy
savings boost growth the most
It's locked up in your pocket and removed from circulation.
its not in ur pocket dummy
it's in circulation. even if it's just in the bank
I’m confused to what you’re saying at.
investments are even less in ur pocket they are liquid
I saw you said the economy was doing fine with a high corporate tax
hording? this guy has no concept of how money lending works
the removal of billions from circulation is the biggest problem and the main driver of economic swings.
I dont even think you know what circulation is
no one removes billions from circulation
Rich people are the majority of the investors
not a single person has billions in cash like scrooge mcduck
You think if said thing they invested wasnt making money via a circulated market they would invest
Yeah I’m not sure you understand how saving and banks work
He thinks the stock market is some multidimensional plane were money just exists
They invest *to make money*
the have to see something making money to invest
This is like 5th grade economics lol
Or at least believe it would grow in wealth
clearly this is a kid who has never paid taxes or invested in his life.
if I gave the bank $100 they can use that to loan our $900 to someone else. that's the 10% reserve requirement