Message from @Misomania
Discord ID: 535718856279457813
the extreme libertarian free market is horse shit snake oil salesman
it's plain
Everyone sign!
plain to fucking see
mixed market is the best method
@Gilgamesh the thing with having a lot of money is that it's worthless until you spend it, and the longer you sit on it the less valuable it is via inflation. Meaning most wealth is not via cash, but rather cash potential
no point in signing a petition which will do nothing dusty
i just can't stand the poor who defend the ultra wealthy
cucks
absolute cucks
the wealthy invest a lot of money into the economy
anyway brb i gotta check some work shit
and cash potential is hard to deal with
Its a question of how much you want to take vs how much they provide
I don't believe in income ta
wealth flight is a real thing and id expect most of the ultra wealthy do engage in some form of it
tax
Think AoC should be impeached.
the wealthy don't carry tons liquid currency, they just have a lot of means to make more of it quickly
^
they're not ebenezer scrooge lol
take all you want, there will always be more
sorry scrooge mcduck
Stock options count for a bunch too
higher taxes actually benefits them because startups cannot compete now
net worth is not how much cash they have in their bank accounts
most wealthy people invest in other businesses
in exchange for equity
angel investors are a thing yes
@Misomania not a economist here but isn't the reason the American dollar is valuble is because of oil behind it or somthing?
most of the time they dont expect a return, so they invest in a bunch
Thats pretty much the short of it archon
ahh the petrol dollar
@Archon we used to have it tied to the petrol dollar but that went away a few years back
oil is traded exclusively in USD
is it not anymore?
The American dollar isn't backed by anything
no, but most mega corps are based in america... call it a tech dollar I guess
it's determined by interest rates