Comments by "Tespri" (@Tespri) on "How Money Works" channel.

You made low iq comment. Rich people don't save money. This is due to inflation and that investing it brings more wealth.
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Few problems, anti-competive laws in real world are pointless. People aren't just choosing the cheapest products all the time. Plus in real world wars over resources do exist. Capital flight is just sympton of a failed governance. You shouldn't blame people for wanting to keep more of their resources, but the governance that taxes too high.
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There are more houses in the country side. You don't want to move to them even though they are extremely cheap. Issue is population growth which increases demand for housing, thus causing increase in prices. Also entire "affordable" is bs, Nordic countries provide everything that families need and people still don't breed. Issue is simple, people are more hedonistic so they want to "explore" their options until it's too late.
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You don't get it do you? This proves that marx was totally wrong
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Man you guys are sad. You're suppose to bargain and negotiate your wage. Just like how you choose which shop and product you buy. Only low iq person thinks that anyone would give massive increases unless you actual demand it and it fits your talent.
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@JeremyMacDonald1973 In this example of yours there is fatal flaw. That is that within the context of discussion, loyalty for company and getting better pay/positition.... Working in McDonalds doesn't really provide you any career options. It's only focusing on warming up ready made food, and you can't improve any other skills beside customer service. Basically... burger flippers there won't become better chefs nor do they have needed skill to get better position within the company. It's just bad career choice and work made only for students trying to earn some pocket money. If you're over 30 and work in fast food restaurant then you're not as bright as you think you are. Especially if you hold college degree.
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@JeremyMacDonald1973 They can pay their workers, people wouldn't work there if they can't. However the fact is that fast food restaurants wouldn't be able to exists if they paid more than they pay now. Thus it would leave all of those people unemployed and starving in the streets. I know that for communist like yourself this fact is hard to understand. "Don't just offer to up your workers pay, offer to help out in paying for college" Too expensive, business would go bankrupcy. This is why you left wingers generally lack intelligence. You can't comprehend how to run business. You think that business would run the same as ever if the pay or benefits would be increased. While you guys are bunch of psychopaths and don't care what happens to those people who invested their nest egg to company and what happens to workers after those companies collapse. Kid who plans to become engineer should go to techservice instead of Wendy or McDonalds. Heck you earn more and you build up skills that allows you to move on career without college degree. Only low IQ people work in fast food restaurants.
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That is literally what managers are about. Managing the workload of the employees and overseeing that things go accordingly.
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@vergilw7009 He clearly doesn't even know what being manager is about. It's literally in the name. Manage and it implies managing the workforce within the company.
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lucky is just a myth and your way of being arrogantly looking down on others you don't consider as more intelligent than you.
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@@iamfighterman9646 Are the top tier poker players just lucky? You think you can win against them consistently? You don't stay at top consistently unless you have more than luck. Low IQ people use luck as excuse.
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Lol you're doing it wrong. Have actually talent and do good work and you will move up pretty fast. Heck if not in current company then in next.
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TL;DR: Intelligent people were easier to be satisfied with high salary they had so they never bothered to try to take risks. While lower IQ people earned less in same work, but were more likely to make their own business in which they could earn more.
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only low IQ people buy into concept of luck
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This is a bad video. Existence of Nordics proves your entire promise wrong. It's not issue of money. It's issue of hedonistic culture where people "explore" until they get infertile or are too unattractive.
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@NoctLightCloud Because people with low IQ think that rich people are rich because they don't use their money.
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@JeremyMacDonald1973 not worth to give stocks to burger flippers
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@AlexSchwartzATV he made the right move, if you want to get up you need take care of yourself. Take every advantage from workplace, aka education and experience then if they don't match the wage, then you should start wage auction by starting to look for new place with better wage/job description.
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Idk ___ And what are you worth? You're one of those sad people who don't understand that worth is subjective. You just sound like untalented guy who can't accept who little potential he has.
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@Kznarf And so are you
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@JeremyMacDonald1973 Again with the amount of ignorance over management and running business... What you're doing is pure naivety. You seem to think that if X business doesn't exists then there is already something better replacing it. I even proceeded to refute all of your options. All of them are too expensive for fast food restaurants to offer if they don't wish to become hobos. You're politics is pure left wing. Huge amounts of ignorance over how the real world works. Fast food industry has historically been always for students, even in other countries than just USA. I encourage you to get a grip. Fast food restaurants are for pocket coin not for career or lifelong job. Anyone who doesn't understand that for a fact deserve to live on scrape.
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@JeremyMacDonald1973 "What does this mean? Where did I say it?" When you said that business doesn't deserve to exists unless it pays extreme high wages to their workers. "You are running a franchise but can't (as is the case currently for a lot of fast food places) find enough workers. What is your solution? Simply accept that your going to go bankrupt?" Nothing here actually addresses my comment. I wasn't talking about finding enough workers, I was talking about that extra benefits and extra income isn't sustainable business practice for fast food which relies on making cheap and fast meals. Increasing benefits and salary would mean that they would have to get money from SOMEWHERE to do so. Only options are either kicking out more workers or increasing the price of the products. But then again.. Why would anyone go for fast food restaurant if the food costs the same as real restaurant? Thus there would be no customers. And when there are no customers... there is no business, and when there is no business then there is no work. Got it now, COMRADE? "What in my posts make you believe that? " Everything you said is typical communist rhetoric.
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@JeremyMacDonald1973 " try and grasp what is actually being written" I recommend the same. " In other words all my posts are about "you can't find enough workers" and strategies for that. " And all of your strategies include employer actually wasting money on burger flippers even more than they have to. All of your options would mean that employer needs to figure out where to squish that extra money. This is what you fail to comprehend. "Actually you never specified what you where talking about" Actually I were and you were commiting a strawman fallacy. " about dealing with getting workers in a environment where they are hard to come " You jump from burger flipping to skilled workers. This is called as moving the goalpost. Also a fallacy. "I never say that at all of course but I do see how" You did and I quote: If you are choosing between this or having poor quality or poor service at your new restaurant then this is exactly what you do because the other ideas will surely kill your restaurant before it ever gets off the ground. Worse part... you fail to comprehend for big franchise giving away stocks for some pimple faced kids is sure way to doom your company. they are all easily replaceable and add very little value overall to the company. Giving away stocks for people who work for one month and go back to school isn't really worth it. You lose lot of profit and undermine your own investments.
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@jonathandjing1065 Enjoy being sued and living in the street after purposefully sabotaging a company you worked in. Companies aren't your friends but neither are workers their friends either. It's co-operative relationship where both parties act in order to gain something.
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@jammRJ They do contribute. They contribute as managing the employees and their workload.
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@tacoconch7678 Depends if you know anything about average worker, that would be that they won't do anything if they can get away from it. Also I had never said that managers are there to inflate their importance. It's just a fact that they are needed. " They're only there as a scare tactic to let workers know they're replaceable" Not true, there are there to manage the workload and ensure that things are going accordingly. "People will work just hard enough to not get fired and that's what figureheads are there for. " Which is why managers are generally picked from among the previous workers who have experience in knowing how things work. Aka you can't cheat you way by claiming "oh no so busy and this takes long". Since competent manager knows how long and how much work you need to do for the project. " If being a manager was so difficult, people wouldn't kiss ass to get that position. " That's like saying that if cleaning toilets filled with diarrhea wasn't fun, then people wouldn't be working as cleaners in pubs.
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@tacoconch7678 Nothing ridiculous. Since your underling argument was following: People wouldn't do certain jobs if it wasn't fun for them. Thus proving that people do jobs that are not fun for them just destroyed your whole argument. "People clean toilets to make ends meet out of desperation. " Not in the west where government pays social security. "But it's a manager's job to hire competent workers in the first place." You don't know how competent someone actually is until they are working. It's easy to talk your way into job. Different thing to do actually good work and not be lazy.
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