Debt gets more valuable when the person owing looks more likely to pay.
So Trump buys the debt, then announces a policy that will funnel a bunch of money to the company that owes it. The debt all increases in value and he gets to resell it at a profit.
They don’t create products and sell them, they don’t create a more efficient system, they don’t innovate, they just manipulate the markets, and gain on the increase.
They are just parasites, who are creating a phony economic system that enriches them out of thin air, without requiring the majority of the citizens to participate in any way, other than getting their money removed.
So when AI creates a permanent 50% unemployment rate, and we are faced with UBI, or the elimination of 50% of the population, which will they choose? And how will they accomplish either of those objectives?
Debt gets more valuable when the person owing looks more likely to pay.
So Trump buys the debt, then announces a policy that will funnel a bunch of money to the company that owes it. The debt all increases in value and he gets to resell it at a profit.
They don’t create products and sell them, they don’t create a more efficient system, they don’t innovate, they just manipulate the markets, and gain on the increase.
They are just parasites, who are creating a phony economic system that enriches them out of thin air, without requiring the majority of the citizens to participate in any way, other than getting their money removed.
So when AI creates a permanent 50% unemployment rate, and we are faced with UBI, or the elimination of 50% of the population, which will they choose? And how will they accomplish either of those objectives?
Wow. That’s, like, “The Richest Man in the World” in a nutshell. Meaning I understood nothing, and I don’t want to. It’s not real.
But thanks anyhow, sincerely.