Comment on Gold

• 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

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  • 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.

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    • youcantreadthis@quokk.au ⁨1⁩ ⁨week⁩ ago

      Why would that be unfortunate the money itself is not value its points what’s actually being done with how those points are distributed and how is byd worse than swasticar incorporated is this just scary because Chinese I don’t understand

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      • krisevol@lemmus.org ⁨1⁩ ⁨week⁩ ago

        I love Chinese cars.

        Also that “wealth destruction” would do nothing to help people.

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