Comments by "Wandering Existence" (@WanderingExistence) on "Crypto millionaires are flocking to Puerto Rico" video.

@JS-mc3ik your thinking is completely backwards... Markets are based on private property and private property wouldn't exist without state protection. It sure is ironic that you think China a country where you they punish people based on social credit score is "freer that the US". You're dopey asf.
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@JS-mc3ik We we're talking about taxes... I made the logical statement that the state protects private property, which you need for markets, which you need to make your asset gains, thus paying tax on it is legitimate. 🤦No one said free markets had no laws, jeez you're dense.
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@neutralsportsfan17 lmao 😂🤣
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@JS-mc3ik Wow, you are a troll. All this hoopla from the guy who said China had freer markets than the US 😂🤣😂🤣👍 You're a joke.
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@JS-mc3ik lmao... Dude nobody is stopping you from working more hours, they just pay over time now. Smdh... You're crying about getting paid more 😂🤣🤣 I dislike both Dems and Repubs, so I have no idea what you're yapping about. You neoclassicals are such a goofballs, it's like you've never heard of behavioral economics before. You live in a fairyland where market failures don't exist. Hilariously sad.
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@JS-mc3ik My job? Lol, no, buddy, my job is safe from off shoring because in China my job would be illegal- and I work in a highly regulated industry with state granted badges with background checks AND I'm still freer than in the CCP. And yes, I understand competitive advantage, but some regulations are to uphold values that Americans hold. China even stepped in to create labor laws to stop the '996' work culture... But I assume you would love to work 60 hours a week for just a $10K/yr. Why don't we go back to 70hr weeks of the 1870's, that would give us the edge /s ... Is that really how you want to live your life?
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@JS-mc3ik You're joking, right? Real wages are still below what they were in the '70s even though we are a much more economically productive society. Capitalism doesn't serve employees, it serves capitalists ... That's why I own stocks.
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@JS-mc3ik 😂🤣🤣 I understand microeconomics, thank you very much, and I'm currently listening to professor Andrew Lo's MIT opencourse on 401 finance. If you have a labor market completely open to supply and demand that necessarily means that wages can fall below a livable standard.... Which is why we have minimum wage laws, which increase other jobs pay by increasing the floor of wages. What you fail to understand is that capitalism isn't ruled by microeconomics.... In fact most of microeconomics is made irrelevant by behavioral economics. Capitalism will always have a political aspect that protects and reinforces rule by capital owners. If you read the 2014 Princeton study 'Testing Theories of American Politics', by Martin Gilens and Benjamin I. Page it is made clear that capital elites control politics due to lobbying.
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@JS-mc3ik What do you mean we can't just force a job to pay a minimum amount? Do you understand what minimum wage laws are?? Lmao, wow. You realize if society doesn't value a service enough for somebody to actually live on it shouldn't be around, same for employers that utilize business models that don't prioritize the ability for their human employees to have basic dignity. Big government isn't a "leftist thing", you realize Republicans of the past four red terms have raised the national debt The last person to balance the budget was Bill Clinton. I don't even like Bill Clinton, but that's just a fact. Republicans love doing favors for big business. Of course, I'm in believer that innovation and efficiency is supply side deflationary, and yet from the data that we have real wages have not kept up with inflation... And housing education and healthcare have all exceeded inflation. Millions of Americans are feeling this squeeze and you don't care about that. You'd rather tuck your head between your legs and suck off your neoclassical economics. Don't eat a patronize me by explaining basic supply and demand pressures... I bet you're too uneducated to understand how the empirical data of behavioral economics augments the "supply and demand in a vacuum" theory. You're laughable.
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@JS-mc3ik "You leftists".... What are you talking about. I fully acknowledge that inflating the M1 money supply by 4x has effects on the broader market. We have inflation due to supply shortages, labor shortages as people demand better jobs, and monetary expansion unseen since 08. You keep making up these strawmen to attack, It's almost like you're too inept to have an actual conversation to learn what I believe before you write your drivel.
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@JS-mc3ik I know what quantitative easing is.... And I understand what it means for the Fed to be aggressively pursuing a taper in bond purchases. Jfc, you're such a goofball.
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@JS-mc3ik I never said they could stop a bear market forever... You keep making up these random things. You're delusional. You need help.
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@JS-mc3ik You keep strawmanning. Showing off how you're too dense to form a relevant argument. LMAhahahahahahahaO!!
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