Message from @DA GOMMIE JOO

Discord ID: 512078134406021120


2018-11-14 01:32:50 UTC  

If I am rich

2018-11-14 01:33:05 UTC  

but does the bank care?

2018-11-14 01:33:06 UTC  

Therefore you could give it to those who need it

2018-11-14 01:33:09 UTC  

Do you understand?

2018-11-14 01:33:19 UTC  

if you deposit that one million, does the bank get a deposit of 0 dollars?

2018-11-14 01:33:31 UTC  

Yeah, my social standing among other people could be worth more, so I could give it to those in need to boost that

2018-11-14 01:33:38 UTC  

can you just take a loaf of bread if it means nothing to you?

2018-11-14 01:33:39 UTC  

Redistribution of wealth

2018-11-14 01:34:11 UTC  

walk into a grocery store tonight and take something that you don't need or want
you're still going to get arrested for taking something that is worth a certain amount of currency

2018-11-14 01:34:25 UTC  

our entire system is built on the idea that a dollar has a certain value

2018-11-14 01:34:47 UTC  

if the dollar's value changed, then it would be impossible to buy or sell anything

2018-11-14 01:34:50 UTC  

Maybe I’m allergic to bread

2018-11-14 01:34:52 UTC  

because nobody would agree on prices

2018-11-14 01:35:00 UTC  

You never know what my values are

2018-11-14 01:35:00 UTC  

that's
*not*
***relevant***

2018-11-14 01:35:05 UTC  

Only I do

2018-11-14 01:35:15 UTC  

Which makes them entirely subjective

2018-11-14 01:35:24 UTC  

you're just gonna ignore all that?

2018-11-14 01:35:37 UTC  

the whole "our system is built on the value of currency"?

2018-11-14 01:35:38 UTC  

You’re ignoring that fact

2018-11-14 01:35:41 UTC  

that spiel?

2018-11-14 01:35:52 UTC  

our system isn't built on the value of currency?

2018-11-14 01:36:09 UTC  

money is just paper with ink
it should be worth basically nothing
but people spend their entire lives hoarding it

2018-11-14 01:36:16 UTC  

Nothing has intrinsic value

2018-11-14 01:37:02 UTC  

to get back into basic economics, the whole use value of currency *is* its exchange value

2018-11-14 01:37:11 UTC  

it is useful in that it is exchangable

2018-11-14 01:37:21 UTC  

people agree on this exchange value

2018-11-14 01:37:32 UTC  

you want to expand the system, more people have to agree on the same value

2018-11-14 01:37:59 UTC  

if you want to take part in capitalism, then you must agree that the currency is worth a set amount
otherwise, you will get nowhere

2018-11-14 01:38:51 UTC  

All the value is determined subjectively by the consumer

2018-11-14 01:39:12 UTC  

do you have alzheimer's or something

2018-11-14 01:39:33 UTC  

if money is worth nothing according to my values, can I just take all the money out of the bank?

2018-11-14 01:39:36 UTC  

You simply cannot know what has objective value or not

2018-11-14 01:40:01 UTC  

can I just ask for it all?
just shrug off their complaints with "it's all subjective"?

2018-11-14 01:40:42 UTC  

Does the value of a currency fluctuate or not?

2018-11-14 01:41:27 UTC  

You wouldn’t be able to make money trading currency if it didn’t

2018-11-14 01:42:13 UTC  

Everything changes in value for a variety of reasons

2018-11-14 01:42:17 UTC  

is that caused by major shifts in values?

2018-11-14 01:42:27 UTC  

a large group of people thinking collectively?

2018-11-14 01:43:45 UTC  

This is why price controls in a socialist system don’t work

2018-11-14 01:43:55 UTC  

As you see in Venezuela