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Region: GB
Monday 04 September 2023 14:38:04 GMT
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(˵•̀⤙•́˵)૭ :
So in reality, artificial growth, that's instead on investing in real things the system invest in money to make more money, which is just inflation
2023-09-04 15:43:18
228
talleropallero :
3% growth in a ideal 3% inflation. No new value, just money value losing value.
2023-09-05 06:38:55
3
hisham 3018 :
productivity is not about factories alone , which what he may be indicating to . to a degree , real-estate is growth , stock market is growth,
2023-09-05 22:13:43
0
Sebastien :
Nailed it. So let’s let go of this tyranny and take real estate off the shelves and build and grow sustainably. Greed is a drug.
2023-09-05 03:57:25
2
AJ 🧿 :
I hear capitalists invested in China, their GDP has gone from under 5 trillion to 19 trillion in 20 years.
2023-09-04 17:47:14
2
Spencer Steficek :
I mean you don’t need infinite growth to have a system based on voluntary trades of labor and goods
2023-09-10 01:58:46
2
AJ :
true, capitalists only seek profits and that's why profit seeking comes from, which aims to profit off of renting property and buying property to rent
2023-09-04 18:39:32
4
enerecherbal :
total decoupling between real economy and financial economy. real is like 5% of the total....
2023-09-04 18:34:40
46
stormyrolls :
True, especially cause today companies have much higher ROI (win after tax)than befor in last century. If you had 8%/year happy,today is more as 15%
2023-09-05 14:15:39
0
S :
all it means IS that you do your Job 3% more effizient next year.
2023-09-05 01:24:17
2
mclensi :
The beauty of the market is if too much money goes in one direction those who don’t follow will make money when the boom busts. It self-corrects.
2023-09-15 12:41:07
0
sparkymalarky28 :
6) housing is similar. Houses sell like hotcakes with low interest rates, but they don’t sell well with high rates like now
2023-09-10 14:17:13
0
pants808 :
during capitalism the first in line at the money tap become the lords of whatever system follows. that's why rich people don't want it to end yet
2023-09-12 10:39:54
1
Crayson & Omar :
Even if nobody does anything to dismantle it, capitalism will still implode itself by it's own nature. It is impossible to sustain growth forever.
2023-09-07 07:48:29
2
Neshko_Dulovic :
the man has a point about unproductive asset inflation versus real productivity i am afraid that is the consequence of artificial interest rates
2023-09-05 05:50:51
3
Weston Wheelehan :
🎯 spot on
2023-09-05 03:04:08
1
The Financial Realist :
Perfect summation!
2023-09-10 00:45:23
3
J.H. Oldman :
Oh, there it is, right between "private" and "ownership" can't believe I never saw that before 😂
2023-09-05 12:27:05
2
Pronewbiez :
Spot on.
2023-09-05 10:23:13
4
raddestmartian :
Small incremental growth in the form of stagnant wages and %300 increase in CEO wages?
2023-09-05 00:34:58
1
Toby :
At pre Reagan tax levels, development still made sense. Now they’re encouraged to just hoard wealth like Smaug and do nothing with it.
2023-09-08 12:03:44
2
Jimimni45 :
But the only reason you have resources to redistribute is due to growth.
2023-09-17 23:30:43
0
sirnimasr :
that's the phase we're in...the great asset grab so they can control prices...pharma, real estate, food, utilit, u name it ..financiers must be reeled
2023-09-06 00:28:16
0
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