Comment on Gold
krisevol@lemmus.org 1 week agoIt wouldn’t make anything cheaper. We owe more on national debt that all our billionaire could even come close to playing, and that is if China have us market value for the after we would need to sell from the billionaire to extract the value.
youcantreadthis@quokk.au 1 week ago
Money is fake do you not understand that its like a placeholder an idea of obligation it doesn’t exist materially even these round metal things are just round metal things the money of them is just calvinball
krisevol@lemmus.org 1 week ago
Your right, so how would getting rid of billionaire change anything? They don’t have money, they have stocks and assets
youcantreadthis@quokk.au 1 week ago
Which are money money isn’t the coin its the thing the coin implies stocks are closer to being money than coins in our very class immobile society its closer to a mystical property like phlogiston or being one of the elect
krisevol@lemmus.org 1 week ago
But those sticks, like rooms for example are only trading at 350p/e because of Elon. If we got rid of him it would be trading at 30 like every other car company. That’s would wipe out 600 billion overnight. You would get virtually nothing from that extraction and Tesla didn’t provide enough profits to solve us hunger or housing, and with the value being extracted the company would unfortunately fall to it’s competitors like byd.