Message from @Maksim

Discord ID: 656198491835596830


2019-12-16 18:15:38 UTC  

It's completely one sided towards the investor

2019-12-16 18:15:43 UTC  

Perpetual debt essentially

2019-12-16 18:15:44 UTC  

Evaluation of a company's value nowadays

2019-12-16 18:15:46 UTC  

Which is stupid

2019-12-16 18:15:53 UTC  

Before they were actually worth something

2019-12-16 18:16:09 UTC  

If a person gives a company $1000 the company should pay back $1000

2019-12-16 18:16:15 UTC  

Fuck paying back more than is given

2019-12-16 18:16:31 UTC  

@Maksim do you not believe in interest?

2019-12-16 18:16:33 UTC  

That money is being used for the benefit of the company

2019-12-16 18:16:35 UTC  
2019-12-16 18:16:40 UTC  

Intrest is a sin

2019-12-16 18:16:50 UTC  

@Asdrubal It benefits the investor more than the company

2019-12-16 18:16:55 UTC  

It is essentially perpetual debt

2019-12-16 18:16:58 UTC  

Ok

2019-12-16 18:17:00 UTC  

And?

2019-12-16 18:17:11 UTC  

At a certain point the company is paying the investor more than he gave

2019-12-16 18:17:14 UTC  

Which is losing money

2019-12-16 18:17:20 UTC  

At all points*

2019-12-16 18:17:55 UTC  

But if the investment made the company profitable despite the interest it's still profitable

2019-12-16 18:18:26 UTC  

I absolutely despite the idea of interest

2019-12-16 18:18:32 UTC  

It is a plauge

2019-12-16 18:19:15 UTC  

"hm yes I will make money by giving other people money and then demanding back more than I gave because I am Jewish and also I contribute nothing to society myself"

2019-12-16 18:19:31 UTC  

What incentive is there for them to lend without interest tho?

2019-12-16 18:19:33 UTC  

I mean

2019-12-16 18:19:36 UTC  

I do it but

2019-12-16 18:19:40 UTC  

I don't have a reason

2019-12-16 18:19:52 UTC  

And I'm not lending people alot of money or anything

2019-12-16 18:19:57 UTC  

Like investors

2019-12-16 18:20:36 UTC  

Companies can and are profitable without being stockslaves

2019-12-16 18:20:45 UTC  

Yes

2019-12-16 18:21:07 UTC  

I'm just saying if there's no interest investing would kind of stop existing

2019-12-16 18:21:11 UTC  

Probably

2019-12-16 18:21:20 UTC  

Stockslave companies worship their stock holders and never care about their consumers unless if benefits their stock holders

2019-12-16 18:21:32 UTC  

Yeah

2019-12-16 18:21:46 UTC  

That is the issue

2019-12-16 18:21:47 UTC  

@Maksim I dont think you get how that works

2019-12-16 18:21:54 UTC  

Worshipping of stockmasters

2019-12-16 18:22:50 UTC  

By the stockholders will want the business to be profitable and if the business isn't a monopoly then it has to be at least somewhat concerned about customers

2019-12-16 18:23:00 UTC  

"hm yes I gib you shekels to improve your company but now I control you, to an extent, and I demand more than I gave you and also a say in what the company does even tho I didn't help build the company I just gib u shekels"

2019-12-16 18:23:49 UTC  

Yes but the alternative is a lack of funding for people who want to start a business and don't have money

2019-12-16 18:23:59 UTC  

Or something other than capitalism