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trying to explain financial collape

owly

owly

Banned
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Joined
Oct 26, 2018
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1 money doesn't translate to pussy ->
2 money loses real value ->
3 more money is printed ->
4 go to 1
 
i am ready for zombie apocalypse
 
9ADB441A CD2F 4E3C 8B25 79B87E8879BE
 
Economics is a pseudoscience "discipline" with a contemporaneous logical framework that's based completely on the assumption that scarcity is a problem intrinsic to society. The effect of which justifies greed as a virtue.
 
Banks and Financial firms make an investment tool that bundles mortgages together. Banks and Financial firms start selling shitty Mortgages (Subprime Mortgages). Banks and Financial firms get the Rating Agencies to label these mortgages Triple A. This pumps up the Real estate market sky high. Banks and Financial firms use the money they made from selling these shitty investments to buy whole companies and stocks. This pumps up the stock market. Eventually, it blows up. The common man and woman lose their job and investments. It's Economic Armageddon. Instead of the government punishing these criminals with jail time and letting their companies fail, the government bails them out by printing money and taking from Social Security fund. The common man has to foot the bill by being a wage slave. Banks and Financial firms use the money they got to invest in companies. Federal reserves keeps on printing money (quantitative easing) to pump up the market. Politicians allow this to happen because they don't want the economy to blow up while their party is in control. Companies use the money to buy back their stocks and give out bonuses. The economy recovered they say. US and China start a Trade War while, both countries are in more debt than ever.
 
Last edited:
Economics is a pseudoscience "discipline" with a contemporaneous logical framework that's based completely on the assumption that scarcity is a problem intrinsic to society. The effect of which justifies greed as a virtue.
 
Needs to be stickied.. money needs to be able to purchase both survival and reproduction for it to have any value. Money becomes worthless when foids have their own money. Men need to have leverage over foid survival for civilization to work.. otherwise we go back to chimp caveman days with harems.
 

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