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re: Here Are 6 Things White People Say That Highlight Their Privilege

Posted on 3/16/24 at 12:00 pm to
Posted by Tigertuxedo
Member since Dec 2023
86 posts
Posted on 3/16/24 at 12:00 pm to
quote:

You know what magic happens when this occurs?


Jeff Bezos isn't having to maintain his company anymore Period at least not financially period He's just making passive income on his investments at this point.

While we're on the subject of keeping companies afloat, we should probably Outlaw stock BuyBacks as well. It's a little crazy that the employees aren't getting paid enough because the shareholders are earning passive income through dividends and investing while the actual stock prices have less to do with the company's performance and more to do with over inflated value due to stock BuyBacks.

Kind of hard to argue with that
Posted by Antonio Moss
Baton Rouge
Member since Mar 2006
48329 posts
Posted on 3/16/24 at 12:16 pm to
quote:

It's a little crazy that the employees aren't getting paid


It’s not pay, it’s the loss in value of the currency.

Inflation is only caused by one thing - an increase in the money supply. When that increase occurs too fast, you get unsustainable inflation which is what we are experiencing now.

Same thing happened to the Weimar Republic in the 1920s but to a much greater degree.

Or go read what happened to Zimbabwe in the 2007 when they were massively overprinting their currency (and not reporting it) to pay military officials and corrupt politicians exorbitantly.
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