• алсааас [she/they]OPEnglish
      25•1 year ago

      sir, this is a Wendies meme. In the end it boils down to the capitalist goverments bayling out those who don’t need it (billionaires and millionaires) and giving credit for virtually nothing. Ofc it’s a simplification since this is a meme, not a chart for econ class

        • алсааас [she/they]OPEnglish
          21•1 year ago

          and I’m just supposed to give a fuck?

          you have to do zero real work to get profits that way. The profits you are getting are just a share of the wealth the workers of the company produce. There is no such thing as passive income, the money is always taken from working people. The really rich people take 0 risk. The instant they start making serious losses banks and goverments step in and give them taxpayers money.

          Also: to get relevant income that way you already need to have a lot of money, which you either get by inheritance or exploiting others. Either way you had to do zero real work yourself. (and no, just shoving capital around is not real work)

        • @[email protected]English
          18•1 year ago

          Investments are bound to risk. And taking a risk must be rewarded.

          Err, no. Risk taking could be rewarding, but it inherently should not be guaranteed to be.

        • @[email protected]English
          7•1 year ago

          I believe that’s how it works, but I just don’t understand how that makes any sense. They’re just playing with numbers in the air, making a line diagraph go up and down… I just don’t get it.

          • skelpie
            -2•1 year ago

            The “line diagraph” represents real physical things that you can eat or sleep in or wear.

            • @[email protected]English
              6•1 year ago

              So they make the worth of that different? People give money so the worth of those things change? Who decides what worth is? What am I missing?

    • @[email protected]English
      2•1 year ago

      Now I must ask, who are you implying is giving money for free to investors? Because that’s not how economy works.

      https://thehill.com/opinion/finance/448336-did-the-rich-get-all-of-trumps-tax-cuts/

      Whether the Tax Cuts and Jobs Act (TCJA) disproportionately helped the rich may be 2020’s biggest political issue. Treasury Secretary Steve Mnuchin claims that it benefited most Americans. Sen. Bernie Sanders (I-Vt.) calls it a massive giveaway to the rich.