Message from @Maksim
Discord ID: 656197338444070953
Absolute state
Perfect lol.
It is adjusted for inflation
Credit boom
Average company was rated double or triple A for credit in the 70s
Reagan era policies and the credit boom ruined everything
Making average credit above junk with added leverages
Credit should ideally be abolished but sadly it cannot
For now.
Credit was fine
Until they decided to make buybacks legal again
Which meant pension money was just going to credit funds and shit
Central Bank time
All the money is used to artificially boost stock prices
A central public bank
They typically target certain areas of the economy
This a pretty good vid explaining the situation
Why do they even exist, so that companies can get investments?
It's completely one sided towards the investor
Perpetual debt essentially
Evaluation of a company's value nowadays
Which is stupid
Before they were actually worth something
If a person gives a company $1000 the company should pay back $1000
Fuck paying back more than is given
@Maksim do you not believe in interest?
That money is being used for the benefit of the company
Intrest is a sin
It is essentially perpetual debt
Ok
And?
At a certain point the company is paying the investor more than he gave

