Comments by "Errror42" (@nietur) on "How Money Works" channel.

and other's dream is getting a green card xd
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just employ one person for 50k and then you make 16 million
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@isaach.1135 Rent being high is a signal from the market that housing supply is low. Changing building regulation and building more is the best solution. Expensive rent and expensive houses doesn't mean that renting out is lucrative. It's about the relation to price and rent and the difference to bonds.
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Hu? The job didn't match your paygrade. You could've gotten it by accepting the low salary, would you have liked that?
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It's how money works o' clock!
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@donavanblack4347 No, corporations should do business in an amoral matter and the state should set the regulations in a way that it becomes ethical. Corporations only care about money and caring about ethics would make them less competitive. The least ethical company wins in the market. No slavery, no exploitation, responsibility, they're so important that we should not have to rely on companies to do it out of good will. Your competitors should not get more profit by doing a worse job for society than you.
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@WarningStrangerDanger If everyone had 10% less money and 10% less income tomorrow, how would that fix anything? You mean an asset price deflation only. Deflation would also increase the debt burden. Good for boomers with bonds, bad for people who financed anything.
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no, they don't
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@itsJoshW a long duration mortgage doesn't pressure higher resell wym
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that doesn't match the topic of the video
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@0matters can't be lazy to get a Master but why mention it, if she never tried?
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normal people buy ESG funds, they want to do good with their money
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@custos3249 Meaning that capitalism without lots of and smart regulation is not healthy.
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The ethical duty of a company is to maximize shareholder value. Companies spending money on ethics robs their shareholderof their potential to act as ethical actors in society by limiting their means through keeping them less rich.
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"relies on not supplying enough housing" what you yapping China had the housing market as backbone and an oversupply of housing. How's other people buying and selling houses affecting you? As long as you pay the mortgage, the bank won't want to foreclose on you.
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@lukemorgan6166 Because they won't work but still need money. Stocks are for long-term, crisis are short-term.
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That's so sad. Like wouldn't they be more proud of themselves if they actually helped the world? I guess they'd be fired so they opt for the money.
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Maximizing shareholder is the best idea, you just didn't get it. If maximizing shareholder value is bad for shareholders, it's literally not maximizing shareholder value.
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If maximizing shareholder value is bad for shareholders, it's literally not maximizing shareholder value. People using it as excuse for overvalueing the short-term doesn't make it correct. You should've seen that.
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check out ben felix
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@Vlad-bs1js bet Portugal has better laws for more houses, so it'll be fine
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Black Rock is worth 114 billion and publicly listed, feel free to be one of the owners like the trillionaires.
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You would want that only if that decision would actually decrease carbon emissions. If you don't buy an oil company that doesn't even emit new shares, it doesn't matter. If you don't buy a dirty company that needs to emit new shares to get money to invest to become more sustainable, that would be bad.
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Companies maximize profits -> people use the profits for the betterment of people
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8:50 You don't say??? This statistics tells us or the bank nothing.
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I like a wealth tax more because why only focus on land and therefore advantage other assets?
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@Rochrikqv Farmers and groceries don't have high margins. Food is pretty inelastic, maybe people would buy less meat as it'd be over-proportionally effected. Taxing what you subzidize is silly indeed.
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@CompassRoseGaming If I make a million a year by passive investing and you make 40k working 40 hour weeks, it's fair if we both pay 17%? It's not. Progressive taxation and even negative taxation makes sense if we value humans.
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YouTube pays a lot to their creators. You also gonna stop using Google because they had layoffs? They could employ so many more people with these huge profits they take in. Like logically, you should boycott companies that make lots of profits instead of hiring more people if you dislike firing. Anyways, they don't seem to be on Nebula or Patreon, else they'd link it.
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@boozecruiser no, they don't
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just buy the normal index and some co2 certificates
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Let's pay the pleb to get flexxed on by the robot owners
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AI will replace everyone in my lifetime
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it's because they're stupid
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USA should get away from single family homes and build much denser.
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You didn't even watch the video, bro...
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It doesn't make sense to save on the office if it reduces productivity of employees that cost $150 per hour.
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@howtoappearincompletely9739 According to him but he's wrong about that.
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@illiiilli24601 how's Tokyo the cheapest? you looking at rent per sqm as well?
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@abcdef-ms9mb You can do that in especially bad cases if it becomes public. We can't monitor supply chains or introduce a glocal CO2 tax as consumers. Nestle is worth 260 billion, Fairphone had a revenue of 36 million. People don't care like that.
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Of course it is.
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If you prioritize customers over shareholders, you'd have to give shareholders some kind of minimum return. If that's fixed because all other money goes to customers or employees, there's no profit incentive.
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Endlich sagt's mal einer!
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@IL_Bgentyl It really can't.
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ESG isn't the real solution, either. So we're just doomed.
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@seansingh4421 I mean sure but do you mean them doing something that would make them less profits or be illegal? They were not sarcastic, money is amoral and you should know several severe cases were companies were unethical.
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@seansingh4421 Hm, I'd expect them to sell to anyone if there's no risk for them.
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