• 4 Posts
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Joined 3 年前
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Cake day: 2023年9月13日

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  • So you want people who aren’t paying attention at all, to vote? Yeah, that works well.

    Honestly, as an Australian, yeah it does work and don’t believe anyone who tells you otherwise.

    The most pressing fix is better education (critical thinking) and then punishment for lying on tv (“news”), even if it’s just civil/fines. I’m sure many other options better than dragging the clueless out of their stupors to elect the name with the biggest signs.

    Yeah if we could just get a better class of people everything would be better, but this is what we got.


















  • I have a bachelors in economics and your pretty close except you’ve got realize that all money is like this. If you’ve got a us greenback in your pocket and if I decide it worthless to me, and you want something from me then all you’ve got is a small piece of art.
    All value is just agreements between people and money is just a method of keeping track of favours owed that we worked out thousands of years ago. In the example of a stock, all a stock is, is an agreement between the company that issues it and its holder, that the company will do you a favour (give you some money, a dividend) some time in the future, and keep doing it every time they have some extra favours to hand out.
    I may decide that the promise of those future favours are worth doing a lot of favours right now or only a few.
    Right now everyone who buys and sells stocks doesn’t think a lot of companies aren’t going to be able to a lot of favours in the future so the value in the stock market has gone down. But that doesn’t mean a trillion dollars has disappeared it just means that the offer of money is lower