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Started By
Message
re: Here Are 6 Things White People Say That Highlight Their Privilege
Posted on 3/16/24 at 11:51 am to Tigertuxedo
Posted on 3/16/24 at 11:51 am to Tigertuxedo
quote:
Billionaires literally create more wealth than they could possibly spend and that contributes to the money supply.
The wealth which is used to run the global economy.
Do you think that wealth sits idle?
0
Posted on 3/16/24 at 11:51 am to djmed
An entire article filled with nothing but crap.
Posted on 3/16/24 at 11:53 am to Tigertuxedo
quote:
Yeah I'm sure all of those people who were working doing all of those infrastructure projects and finally being employed again would totally agree with you.
You bet your arse they do when they find out median housing prices are way out of their blue collar paycheck.
People are dropping out of the job market because inflation is flying past wages at a very high rate.
Posted on 3/16/24 at 11:53 am to Tigertuxedo
quote:
The point is that you could take an African-American baby and put him in that Beverly Hills Community and I guarantee you he would do a lot better than he would had he grown up in Section 8 housing.
No you couldn't.
Posted on 3/16/24 at 11:53 am to Antonio Moss
quote:
This is really basic economics
This person does not have even a basic understanding of money. Using incorrect terms, showing complete ignorance about things like interest, wealth, money supply, etc.
Posted on 3/16/24 at 11:54 am to TbirdSpur2010
quote:
Spot on. Racial animosity/victimhood mindset is perpetuated by adults with zero scruples. My kids are also half and half, yet they have zero problems with their peers of any color. That mindset/behavior starts at home with Aggiebelle and I. My wife is not more "privileged" than me, and our kids' success will hinge on the example she and I model. The more parents adopt healthy racial approaches in the home, the better society will be in general.
WHOA!!! Hold on. You can't just go off script like that. You are destroying Tigertuxedo's whole defense.
Posted on 3/16/24 at 11:55 am to Tigertuxedo
quote:
Youre creating wealth, which is used to create jobs do other things in the economy.
To a certain extent I'm sure much of that is true but at what point are you only lining your own pockets and not contributing anything?
Hey man, have a good day. Youre being cordial, but based on this reply theres not much I can say to help.
Thats just not how the real world works.
Posted on 3/16/24 at 11:56 am to Tigertuxedo
quote:
e but at what point are you only lining your own pockets and not contributing anything?
When the value of the company suffers.
You know what magic happens when this occurs? The value of the company...suffers. That decrease negatively affects the wealth of the major stock owners (including the founder) at the same rate. If founders don't keep their company going and advancing, they will suffer.
Markets
Posted on 3/16/24 at 11:57 am to imjustafatkid
quote:
No you couldn't.
It all comes down to the environment. Give a rich kid shitty parents and they'll still find trouble.
Posted on 3/16/24 at 11:58 am to Tigertuxedo
quote:
Simply saying that the money gets used in the economy so it's totally fine is silly because I can make that same point when I say that the government sending a stimulus check out helps the economy.
Those are not close to the same thing. There are two sides to the economy - the supply of goods and services (value) and the price they command (currency).
Investments by private equity increases the value side which affects the currency side into ways - fluctuation in price in similar goods and increased currency in the general population.
Stimulus checks simply move currency from one group to another without any correspond growth in value - this decreases overall investment. It’s a band-aid that makes the infection grow.
Massive currency printing is even worse as it creates nothing of value and actually decreases the value of the means of demand.
Posted on 3/16/24 at 12:00 pm to Tigertuxedo
quote:yeah, look at south korea
incredibly impoverished and marginalized communities have a harder time pushing forward developing properly. I find it odd that you have to go back 300 years consideri
Posted on 3/16/24 at 12:01 pm to Azkiger
quote:
Intact families
That's not a privilege, it's a choice.
Posted on 3/16/24 at 12:02 pm to Tigertuxedo
quote:
I would love to talk about housing though. The fact that we legally allow people from other countries to buy property here while also allowing investment firms to buy entire neighborhoods has a lot to do with our out of control housing market.
Valid points, particularly foreign investors.
Posted on 3/16/24 at 12:02 pm to Tigertuxedo
quote:
Jeff Bezos has made billions more dollars in the last few years then he had several years ago
Bezos doesn’t really “make billions a year” - at least not like you are presenting it. His wealth is fundamentally tied to value of Amazon and as that value increases year to year, so does his wealth. He didn’t receive a bunch of billion dollar income checks last year and park them in a a checking account.
quote:
and those jobs have already been created.
Bro, Amazon has created over 1.6 million jobs over the course of 11 years.
Posted on 3/16/24 at 12:03 pm to Tigertuxedo
quote:
That crony capitalism you speak of works for the rich not against them
Correct.
Growing government makes it worse, not better. Regulations make it worse, not better.
Entrepreneurs need fewer barriers to entry, not more. Employment/opportunity are restricted by regulation.
Posted on 3/16/24 at 12:09 pm to Tigertuxedo
quote:
but I can't imagine The Jeff Bezos has created any more jobs with the last few billion he's made From investing.
Then where is that money?
Its not idle.
Posted on 3/16/24 at 12:09 pm to djmed
Of course there's race based privilege, there are all kinds of privilege.
Documented immigrants have privilege over undocumented immigrants.
Citizens have privilege over immigrants.
Men have privilege over women.
Strong people have privilege over weak people.
Tall people have privilege over short people.
Handsome people have privilege over ugly people.
Rich people have privilege over poor people.
And, yes, believe it or not, in this country lighter-skinned people have privilege over darker skinned people.
It's just the way we are, I don't think there's really any changing it outside of at least recognizing that it exists. But for some reason, probably deep-seated insecurity, there are those who simply will not at any cost admit such a thing.
Documented immigrants have privilege over undocumented immigrants.
Citizens have privilege over immigrants.
Men have privilege over women.
Strong people have privilege over weak people.
Tall people have privilege over short people.
Handsome people have privilege over ugly people.
Rich people have privilege over poor people.
And, yes, believe it or not, in this country lighter-skinned people have privilege over darker skinned people.
It's just the way we are, I don't think there's really any changing it outside of at least recognizing that it exists. But for some reason, probably deep-seated insecurity, there are those who simply will not at any cost admit such a thing.
Posted on 3/16/24 at 12:13 pm to WildTchoupitoulas
quote:
But for some reason, probably deep-seated insecurity, there are those who simply will not at any cost admit such a thing.
Are you just being obtuse intentionally, or are you retarded?
Posted on 3/16/24 at 12:14 pm to Tigertuxedo
We are, but that doesnt have anything to do with the fact that regulations are part of what makes goods and services unaffordable for the poor and restrict business opportunities for those less well capitalized or grandfathered in.
As we become more wealthy and you add barriers, the window shifts upward and becomes a floor, which becomes unattainable for those at the bottom.
As we become more wealthy and you add barriers, the window shifts upward and becomes a floor, which becomes unattainable for those at the bottom.
Posted on 3/16/24 at 12:15 pm to Tigertuxedo
quote:
if we're talking about excess money supply causing inflation Then look at billionaires and how much More money they are creating in terms of Investments
Increasing Money supply and creating wealth are not the same thing. They are not Interdependent. A person becoming more wealthy does not cause inflation. You grossly misunderstanding this basic idea makes it nearly impossible to have any kind of coherent dialogue.
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