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Joined 3 years ago
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Cake day: October 21st, 2023

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  • Poor people just need to learn how to poop money too.

    The problem is compound growth favors incumbent wealth. The relative gap will always grow even if everyone is investing in the same etfs.

    This drives inflation which disproportionately affects the poor, as we have massive amount of capital gains chasing production of goods that haven’t followed the same compound growth (we see this manifest in stats like almost half of consumption is driven by top 10%).

    It’s gonna get to the point where you can try to do everything right as even upper middle class, and still not afford staple goods. At that point, heads WILL roll. But the rich are trying their best to employ contingencies like AI/drones to secure their greed.


















  • This is the problem: any surplus or balancing of the budget is weaponized.

    The party being fiscally responsible is demonized: “why are you taxing us for benefits we don’t see now?”.

    Cue to the opposition being elected and pilfering the coffers for easy political points from the electorate, then they will remember the opposition’s term as the party of “good times”.

    I wish the electorate wasn’t this dumb, but in Ontario atleast, we re-elected in Doug Ford so…

    This needs to be managed by an independent government entity, like a central bank. They say that it is, so that’s cool.