Post AW85FFasD3VjDFI3MW by spandauAnders@ioc.exchange
(DIR) More posts by spandauAnders@ioc.exchange
(DIR) Post #AW7RiaHsM0dBckpwYK by hacks4pancakes@infosec.exchange
2023-05-28T15:56:37Z
4 likes, 6 repeats
This is so damn good.
(DIR) Post #AW7VpYaZT0QGCTA5OS by That_AC@masto.ai
2023-05-28T16:17:29Z
1 likes, 1 repeats
@hacks4pancakes
(DIR) Post #AW7ZkKgM8ygXRDdF9U by AdeptVeritatis@social.tchncs.de
2023-05-28T16:16:33Z
0 likes, 0 repeats
@hacks4pancakes If it would be a pile of rubies and gold, but money is actually not more than accumulated lifetime.So billionaires are hoarding the lifetime of millions of people. Taken away in underpaid jobs.
(DIR) Post #AW7tPmhwkRifMNr5NI by vik@mastodon.nzoss.nz
2023-05-28T21:33:53Z
0 likes, 0 repeats
@hacks4pancakes Very emotive but not accurate at all. While they may be worth billions, they're not just shoving it in a big pile and wallowing in it. The money is still cycling around the economy doing things.
(DIR) Post #AW7uMUATK3lcweBkYa by hacks4pancakes@infosec.exchange
2023-05-28T21:44:28Z
0 likes, 0 repeats
@vik at yes, trickle down economics. Working so well.
(DIR) Post #AW7umLrSpRdCiBdDcW by vik@mastodon.nzoss.nz
2023-05-28T21:49:11Z
0 likes, 0 repeats
@hacks4pancakes No, doesn't work well at all. Investment just keeps the moneygoround rotating. The point being it is not the same as passive hoarding.
(DIR) Post #AW7zEfvOE8J2rVEGG0 by recluse@dice.camp
2023-05-28T22:39:05Z
0 likes, 0 repeats
@vik @hacks4pancakes LOL that's a cute notion.
(DIR) Post #AW7zNctoqPoy5LlLMW by vik@mastodon.nzoss.nz
2023-05-28T22:40:44Z
0 likes, 0 repeats
@recluse @hacks4pancakes Uh, the difference between something being static and dynamic is more than a notion, as you may note the next time you drop something on your foot.
(DIR) Post #AW7zelMwbi8lHDYbCa by recluse@dice.camp
2023-05-28T22:43:48Z
0 likes, 0 repeats
@vik @hacks4pancakes Rekindling the guillotine industry and distributing the hordes where it's needed is my preferred method of "investing" billionaire stolen loot.
(DIR) Post #AW80CBPknBX9bwo6FM by vik@mastodon.nzoss.nz
2023-05-28T22:49:50Z
0 likes, 0 repeats
@recluse @hacks4pancakes And there's the problem. It's not the distribution of money that is at the root of it, it is the generation and distribution of debt. The economy is designed to run on, and generate debt not wealth. Guess which trickles down first? Without fixing that you can decapitate all the billionaires you like and we're still all screwed.
(DIR) Post #AW83K0B2kv3ewFLXCC by vik@mastodon.nzoss.nz
2023-05-28T23:24:54Z
0 likes, 0 repeats
@hackdefendr @hacks4pancakes The tone of responses seem to indicate that you think I'm defending the status quo. Read carefully: I'm not. To answer your Qs:1. As to Elon/Twitter it's actually because he wants to create an alternative to the current economy using Webo as a model. I do not approve btw.2. If you don't understand how money cycles through the economy for better or worse you'll have to look elsewhere 'cos it's a tad complicated for a toot and I'm a lousy tutor.
(DIR) Post #AW85FFasD3VjDFI3MW by spandauAnders@ioc.exchange
2023-05-28T23:46:27Z
0 likes, 0 repeats
@vik @hacks4pancakes it’s literally in company stock, they own that stock, the only way it intersects with the economy is when they do no sell it but are offered loans against it for cash over near infinite timelines. If they were to sell the stock at any point they would grossly downwardly effect the price of said stock.Here’s the real rub though, they steal real cash out of the hands of people in society to make that stock price go up. And a lot of people cannot afford for them to do that.
(DIR) Post #AW8Gp8f4YmL3dKZNo0 by vik@mastodon.nzoss.nz
2023-05-29T01:56:09Z
0 likes, 0 repeats
@hackdefendr @hacks4pancakes 1. Still wrong.2. See previous toot.
(DIR) Post #AW8KmliVIQt9i2Iey8 by vik@mastodon.nzoss.nz
2023-05-29T02:40:29Z
0 likes, 0 repeats
@hackdefendrI think at this point we're done with adult conversation.
(DIR) Post #AW8fdZU3VVR4CTzuc4 by adamhotep@infosec.exchange
2023-05-29T05:15:23Z
0 likes, 1 repeats
@hacks4pancakes