Comment on Anon isn't fooled by planes
BananaTrifleViolin@lemmy.world 2 months ago
This perfectly encapsulates how anti vaxxers and others think. “Ive thought it through and it cantnbebright”. Its incredible how we can have access to vast amounts of information and yet live in an age of gleeful ignorance.
throwawayacc0430@sh.itjust.works 2 months ago
>Town of 100 people
>Everyone has $50
>Everyone stores Money In Town Bank
>Total bank balance of everyone: $5000
>Bank lends $1000 to a farmer to buy new equipment
>Merchant who sold the equipment deposits $1000 into bank.
>There is now $6000 total deposited in the bank
>1000 just came out of thin air
Money is fake and gay
ggtdbz@lemmy.dbzer0.com 2 months ago
I remember this classic philosophical quandary of our time, but in a different form.
Image
Classic.
PlexSheep@infosec.pub 2 months ago
pm_me_your_thoughts@lemmy.world 2 months ago
debt: am I am joke to you?
SkyezOpen@lemmy.world 2 months ago
Rich people never pay off debt.
throwawayacc0430@sh.itjust.works 2 months ago
Balance:
Each of 98 Townspeople: $50
The Merchant: $1050
The Farmer: -$950
So, the 98 towns people and the merchant all wants to withdraw.
???
Now you have a riot outside of a bank.
Congrats, you destroyed a Town with #Banking 🫠
Or alternatively.
The Banker just gaslight the town to mob-lynch the Farmer the good ol’ capitalism way.
Clent@lemmy.dbzer0.com 2 months ago
Future economists are going to make so much fun of us for thinking $1000 was created here.