Comments by "Supernova" (@MrSupernova111) on "Weird History"
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@mr16325 . Then you clearly don't understand what money represents or how its made. Imagine you were a god and you were responsible for a group of people. Then you decide to facilitate trade and commerce for your people. You give everyone equal amounts of money, a fixed amount of money (supply) because, as a god, they are all equal to you. Over time, some people find ways to con others or use loopholes in the system to amass wealth. The problem is that the amount of money is fixed. There aren't extra coins to be issued out. Now, you have poverty because "nice" rich people prefer a system in which they can horde money at the expense of the poor. It doesn't end there of course. Since the rich now have more money than they can spend they decide its a good idea to lend some of that money to the poor but the poor have to pay back with interest.
What is interest you ask? Its money that doesn't exist because its outside of the money supply that you, as a god, created. So, essentially, the rich are not only hoarding money but they are ensuring that the poor stay poor because they have to come up with money that doesn't exist in the real world to pay off interest. This is called capitalism and shows that money is just a form of ownership of labor and slavery. But hey, I'm sure your rich friends are the nicest people on earth. After all, why would they not be happy when they can use their money to command others to do anything they want? You welcome for the lesson and tell your rich friends I said hi!
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@spacelogic101whatif .So, you think that people were born and chose to live in poverty? Go take an economics course so you learn how micro economics is impacted by macro economics and government policy. People don't have choices when their lives are governed by third parties. You must be living rent free in your parents house if you think that all homeless people choose to be homeless. The median rent in the largest cities in the US is between $3k to $5k. What happened in those cities is the result of large institutions purchasing homes by the thousands to turn a profit and gentrification. Zillow, for example, was using AI to purchase the last home on sale within residential areas to mark up the price and quickly put it back on the market. Zillow literally works against the American public and our government takes no issue with it. Large companies like Amazon and Teslas are subsidized at the cost of the locals which eventually get pushed out every time one of these large companies moves into their area. Look at what's happened to Seattle in recent years as large companies move in and push out the local people. The cost of higher education and healthcare is astronomical. Education is what fuels the economy yet to get a 4 year degree it costs at least $40k but upwards of $100k+ depending on the school and if room and board is included. Cost of higher education has roughly tripled in the last 20 years - read that again. TRIPLED! The median price of a home in the US has doubled over the past twenty years - yes, DOUBLED - at the current price of $400k. The average price of a new car today is $46k.
Yet, the median salary in the US has barely moved with median household income at $68k per year. How long do you think it takes the average college educated person to pay a $400k house, a $46k car, upwards of $100k cost of education, healthcare cost, food, and other living expenses? The common person today will spend their entire lives paying off debt so we can have a mediocre lifestyle while the top 1% get filthy rich off the rest of society. If the cost of living is outrageous for educated people what chance do people without a college degree have??
What you call freedom is nothing more than illusion. After all, its not your fault that you're ignorant since real economics is not thought in school. We could also talk about taxation but I'm afraid your brain will explode.
Feast your eyes on the links below. This is just the tip of the iceberg.
https://howmuch.net/articles/the-cheapest-and-most-expensive-cities-to-rent-an-apartment-us-2021
https://educationdata.org/average-cost-of-college
https://fred.stlouisfed.org/series/MSPUS
https://www.kbb.com/car-news/average-new-car-sales-price-now-over-46000/#:~:text=Average%20New%20Car%20Sales%20Price%20Now%20Over%20%2446%2C000,-BySean%20Tucker&text=Americans%20paid%20an%20average%20of,higher%20sales%20of%20luxury%20cars.
https://www.consumerreports.org/car-pricing-negotiation/average-new-car-price-all-time-high-a4060089312/
https://www.statista.com/statistics/200838/median-household-income-in-the-united-states/
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