Message from @ManAnimal
Discord ID: 463109994833903618
They're investors
democracy was a lie
They invest capital
minarchy
Elon is just one dude though
@Grant, the mOMENT you manipulate the interest rate, you have underminded the market mechanism
US stock market cap is currently 137% of GDP, so yeah there's definitely significant investment in the economy
To be honest US should do the reasonable thing and become vassal to the Nordic Council.
100% free market is bad though too
lol
@Grant, it doesn't mean that 'investors' or 'capitalist' cannot exist in the broken system; but the system as a whole doesn't fuction as capitalism SHOULD
Piss off @Omsomething
Most people in the 1% have a large, large amount of money sitting around and not circulating. Now, I'm not sure how you'd solve that in any sort of reasonable way, but that's for economists to really sit down and think about.
it's actually quite hard to spend a ton of money
@Deleted User
Nah.
do you have sources? @Maw
There are many instances where you're making way more than you could ever actually reasonably spend.
see busters millions
100% free market, regardless of its success, will never be implemented, which is pitfall of republics which I solemnly accept.
@Maw even if their money is stored in a bank, the bank is using it to earn interest. It's never really "just sitting there" unless they've got piles of gold or cash
@Grant, the MAIN debating point or critque of capitalism is that it fails to help the lower classes; but that is because of the rich MANIPULATE the system
Fucking leftist pigs
$7
lol
^
a thousand times this
and surprisingly a lot of it is not in "savings"
Doesn't Bezos have like a hundred billion dollars now do you know how impossible that would be to spend
its in bonds
@M4Gunner BUT MUH INHERIENCE IS AN ILLEGAL FORM OF WEALTH
and things that do circulate
Of course most of that is paper worth but whatever
lol
@M4Gunner, capitalism would work much better without inheritance; if each person had to carry their own weight and could not be 'endowed'
@M4Gunner exactly
lol ur looking to erase most of human history
@M4Gunner that would be the Pareto distribution
Ayn Rand : " Rags to riches to rags again.. in a single generation"
***Laughs from massive investment account that i've built since i was working as a pizza delivery driver and it was literally the easiest thing in the world to save money and i now laugh at the poor because i am not anymore***
that would basically destroy the will for people to work hard to get money for their family
I'm leaving my kids my shiny pokemon