capitalism

Out of context: Reply #1047

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  • PhanLo4

    PhanLo 4Permalink
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    • https://survivingtom…PhanLo
    • Who cares about Bezos? That's just easy finger-pointing (and I have not heard a word of this).formed
    • Bithc about Blackrock and other funds that are buying 10's of thousands of homes and units. Bezos and co. is not the problem.formed
    • Well, yeah, Bezos is a problem for doing this. So are other property speculators. But we're the bigger problem for letting it happen.Continuity
    • In that sense, we're no better than Russians, and their total indoctrination and weak protesting chops.Continuity
    • Anyone here own REITs? You’re part of the problem!nb
    • Own an ETF that tracks the SP500 or FAANG or growth funds? You’re part of the problem!!!nb
    • The dollar is just a belief system, an IOU backed by ' '. Homes can be squatted in. It's a system that we willingly play in.shapesalad
    • Lol it's the only safe haven for parking money rngrafician
    • The dollar is NOT 'just a belief system' - it's the token of exchange for the largest economy in the world, backed by the largest military.Nairn
    • I'm always astounded by the naiveté and, sorry (not sorry) to say - sheer ignorance - of people who spout that sort of idealised unthinking cretinery.Nairn
    • A 'belief system' might apply to teh currency of a country that wields no economy, has no people and hence no necessity of exchange...Nairn
    • ..which is obviously a stupid, nonsensical abstraction to postulateNairn
    • For someone who obsesses over money as much as you appear to, shape, it boggles my mind how little you appear to understand it.Nairn
    • Now, to be fair, there is a lot of 'made up money' in the dollarsphere, but that's a slightly different suggestion.Nairn
    • Now, is bitcoin a belief system?

      Answers on a postcard, please...      Nairn
    • Honk!nb
    • Yes $ is backed by the military, who are paid in $ which is backed by themselves who is paid in $ which is backed by themselves..... anyone sense Ponzi here?shapesalad
    • ETH = proof of stake. SOL = proof of history. BTC = proof of work. USD$ = proof of military.shapesalad
    • If we want to evolve and have world peace, we need to move to a new system. Putin hates being paid in $ for his oil/gas only to then have the FED devalue it.shapesalad
    • HOOOONNNNKnb
    • Capitalism is so fucking cool.utopian
    • Give Jeffoz a break...
      :-(      PhanLo
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