/biz/ - Business & Finance

Ok

>>23609412
net worth $999 mil
make 1 mil
you're a threat lol

>>23609412
>create something that provides literally billions upon billions of dollars of value
>retain ownership of some of it

vs

>provide no value to anyone
>demand other peoples' property be taken by force and given to you, for no other reason but that you want stuff

>>23609470
>net worth $999.999
>make 1 dollar
>you're a threat now
of course

>>23609557
fuck you libtard, enough with your monopoly game

>>23609918

lel

you do have to laugh at the concept that guys who create amazing stuff that change the world, or who direct capital to fund amazing stuff that changes the world, are somehow a "security risk", but a mob of greedy, lazy people who provide nothing of value to others but who want stuff anyway, loudly demanding more productive people's property be taken by force and given to them, are somehow not

>>23610129
>changes the world
amazon is changing the wolrd for worse, definitely

>>23610186
>amazon is changing the wolrd for worse, definitely

Yeah, I hate getting things cheap and delivered right to my door the next day

You know what is awesome? Leaving my house, travelling to a store, walk around until I find the thing I want (assuming it is in stock and actually the brand/type I want), carry it to the checkout where I get to stand in line forever, in order to pay an inflated price for an item because I'm also paying for all of this place's overhead as well as their profit, and carry it home, at a cost of hours of my life, when I could've just clicked a button, paid a lower price, and then answered the door the next day.

Fuck Amazon, making buying stuff cheap, fast, and convenient, saving me untold thousands of dollars and hundreds of hours this year alone. How did they even get so big and profitable?

>>23610303
selfish faggot
think about your impact on the world

>>23610368
>selfish faggot

Create something that benefits hundreds of millions of people and get rich in the process: Selfish

Provide no value whatsoever to others but want other peoples' stuff given to you: Not at all selfish

>think about your impact on the world

Exactly.

Bezos, for example, is rich because he owns a chunk of Amazon, which he created and which has changed commerce. Amazon saves millions of people money and time every single hour of every single day. He's had a huge impact on the world, which is why he's hugely wealthy. That's fair.

You don't have any impact on the world. You don't even try to. The world's pretty fair, so what you have is commensurate with what you've provided to others -- not much. If you want more, make a bigger positive impact in more people's lives. It's not complicated.

>>23610129
>a mob of greedy, lazy people who provide nothing of value to others but who want stuff anyway, loudly demanding more productive people's property be taken by force and given to them
who are we talking about now? sounds like a typical billionaire to me.

>>23610543
>i have no idea how the tax code or monetary system works and how it siphons wealth upwards, even though im on a board dedicated to cryptocurrency, which was created to solve these exact problems

>>23609412
Some billionaires are cool

>>23610543
kinda funny watching fags like you stand up for people who literally don't give a single fuck about you

you're probably an amerishart though, so you must be used to being fucked in the ass and living in a backwards and brainwashed society

>>23611049

I used to be poor too, and I hated it, so I will tell you the thing that changed my life. The math to getting rich is:

Money = Impact x Scale

Where impact is the degree of positive change you make in someone else's life, and scale is the number of people you affect positively. That's literally the formula.

Build luxury condos for the super rich? On the 75th floor, you have created a luxury penthouse palace on what used to be literally empty air. Huge huge huge impact on a relatively small scale = lots of money.

Viral YouTubers? They provide a little bit of value (a few minutes of entertainment) for hundreds of millions of people. Relatively small impact but on a huge huge huge scale = lots of money.

Your talents and abilities will let you be somewhere in the middle of this. Think about what you can do for other people that will max out impact and scale, and you will make money.

>>23611154
>whining about the tax code and monetary systems

Both are literally custom designed to make it as easy as possible to get rich, what the fuck are you talking about

>banks will lend you a shitton of money at a tiny cost if you are not a nigger who has maxed out every card on malt liquor and rims
>every time you fart or cough in a business capacity it's tax-deductible
>if you decide to invest, capital gains are taxed at a fraction of income
>capital losses are tax-deductible and can be carried foreward into infinity
>if somehow you completely fuck up everything and lose every single dime of borrowed money, you can go bankrupt and your debts are wiped clean

What the fuck are you talking about

>>23611254
>stand up

lol, stand up against who? Some greedy poor fucker who's never done a thing for anyone else in his life, but who wants more than he's earned? One who's whining on the internet about how someone who makes a difference has more stuff than he does? I'm sure Bill Gates is quaking in his boots.

>you're probably an amerishart though, so you must be used to being fucked in the ass and living in a backwards and brainwashed society

I do love yuros who somehow never make the connection between their extremely modest standard of living, the unbelievably high taxes they pay on literally everything, and the inexplicable proliferation of Mercedes and Bugattis and Rolls Royces they see in their cities

The rich don't pay taxes, you idiot -- high taxes keep the poor from getting rich.

>>23610303
SOULESS CONSOOM. COMMUNITY IS KIL

>>23611219
GO BACK TO PLEBBIT

>>23611428
>spend hours of your life and burn fuel in order to get the thing you need for a high price, assuming it is available at the store when you get there
or
>click a button and have it for a lower price

People need things, you retarded nigger. Don't get mad that, shockingly, people like getting the things they need faster, cheaper, and more conveniently.

>>23611428
Shopping centers are an eyesore and make traffic worse. Good riddance. I'd argue that Amazon has done us a huge favor in suffocating the lifeless bullshit stores like Walmart, malls, and department stores. Your suburb is a blight, the opposite of a community. I will celebrate when you are gone just like I have Walmart. If you're worried about mom and pop stores selling pruning shears at 3x markup they can easily set up online with Amazon. There is literally no downside, aside from them getting btfo by more honest salesman who don't jew you on prices.

>>23610129
>create amazing stuff
I'd be okay with it if they really did all the work themselves.

>>23610303
>i'm comfy like that!
>not important if bezy will be the only one with a job in 20 years!
>comfy!

>>23611281
no need to be a BILLIONAIRE to be rich, and of course you will never be like one of them, and you won't even be a big millionaire

>>23609412
The existence of billionaires hasn't detracted anything from my life though. You wouldn't have a personal computer or smartphone to shitpost on if it weren't for billionaires.

>>23611757

But the real world-changing stuff always takes a team to do. I mean, no one human being can make the iPhone, it takes teams of engineers just to design one single component, let alone the manufacture, distribution, marketing etc

The thing is that any one engineer or factory worker or truck driver can be replaced and the whole process runs smoothly, but if someone shot Jobs in 2001 there'd be no iPhone. The guy with the idea, who then gets the resources and people together to make the idea real, is the one who makes the difference.

>>23611823
>muh jerbs!

There are 99% fewer ferriers and saddlemakers now than there were in 1850. It's stupid to want people to have a worse experience, taking more time and costing more money, in order to preserve McJobs.

>>23611854
>and of course you will never be like one of them, and you won't even be a big millionaire

I'm already a multimillionaire. I was dirt poor until I figured out how to get rich.

>>23609412
Without central banking it's extremely difficult to get to billionaire level.

I agree something needs to be done about those (((billionaires)))

>>23611913

I honestly think poors believe that billionaires actually just have billions of dollars in their bank accounts, instead of just owning a percentage of a company that provides billions of dollars of value to people

I guess the possible exception is defense contractors or anything that runs basically 100% on tax money

>>23609557
It has nothing to do with productivity and entirely on connections. You can be completely bankrupt company, and get bailed out, while successful businesses are either forced into debt slavery to the bank, or shutdown.

>>23609412
i'm ok with white, non-jewish billionaires who don't want to use their wealth to corrupt society.

>>23612077
>You can be completely bankrupt company, and get bailed out

True! If you can convince politicians that saving your jobs is politically valuable, they'll do it, especially since it's never their money that gets used.

>while successful businesses are either forced into debt slavery to the bank, or shutdown.

lmfao what, do banks come around with armed goons and force successful, liquid businesses to borrow money?

>>23609412
Go to africa. They have almost no billionaires.

>>23612146
The government does you twat. Slave to the Government or slave to the bank, where productivity is punished and con-men or incestuous corporate politicans are rewarded. Don't pretend the ultra (((elite))) are any better then welfare niggers on the street. Both sociopathic retards who ruin every country they occupy.

>>23611918
>The guy with the idea
This part is false.
>who then gets the resources and people together
This part is true.

If Jobs hadn't created the iPhone someone else would have, it's not like the idea was unprecedented. Apple has done just fine without him. He was, ultimately, as replaceable as any of those engineers, factory workers or truck drivers.

>>23611918
>ahahahahahahahhahahahahahaahahahahahahahahahahahahahahhahahahahahaahahahahahahahahahahahahahahhahahahahahaahahahahahahahahahahahahahahhahahahahahaahahahahahahahahahahahahahahhahahahahahaahahahahahahahahahahahahahahhahahahahahaahahahahahahahahahahahahahahhahahahahahaahahahahahahah
ok

>>23612241
"If Jobs hadn't created the iPhone someone else would have"

Ok great. Someone else would have created it and they would be the billionare we're talking about right now. Even in your hypothetical, you can't imagine something just coming together on it's own without some guy there orchestrating things to make the vision happen. Whoever that guy is, they deserve to get rich for their successful orchestration if they create something valuable.

>>23612243
>ok

I've got about the same amount in shitcoins, though I'm admittedly getting my anus torn on them right now.

>>23612241
>If Jobs hadn't created the iPhone someone else would have, it's not like the idea was unprecedented. Apple has done just fine without him. He was, ultimately, as replaceable as any of those engineers, factory workers or truck drivers.

This is the most retarded idea ever. In fact, if Leonardo da Vinci had never been born, the Mona Lisa would in fact not have been painted by someone or other eventually.

Even if someone else would've eventually come up with the iPhone, which is stupid, then THAT person would be a billionaire.

>>23612226
>the government does

Yeah, and yet the "solution" that greedy lazy poors have is for the government to take more stuff from the productive.

>>23612347
Like Tracy Hall when he invented the synthetic diamond? It's not about creating something valuable, it's about leveraging resources.

they're all psychopaths. they have hoarded nearly the entire planet and its resources, while squeezing the masses dry, and even gaslight the public stage into believing they are the righteous philanthropists who deserve to be at the top, shaping and forming the progression of society. honestly, though. what could actually be done about them? they really are untouchable within in this hierarchal system.

>>23612396
>It's not about creating something valuable, it's about leveraging resources.

It's literally about creating something valuable, you absolute retard. Apple made billions on the iPhone because tens of millions of people thought it was a good value at $1000.

>>23612411
If all they do is "hoard" then go out there and TRY it. Almost no billionaires in Africa. Lots of resources. Just start "hoarding" it. Don't provide anyone any value. Just "hoard". Try it.

>>23612422
>It's literally about creating something valuable, you absolute retard
ok retard

>>23612411
>while squeezing the masses dry

There has literally never been a better time to be alive, what the fuck are you talking about?

>>23612439

It is bizarre that commies do not understand the basic concept of how money and wealth work, yet want to use force to take other people's stuff

>>23612460
>this guy got a raw deal once, so the world sucks or something!

In reality, if you sign a contract with a company that, say, has an IP clause, like many do, guess what happens if you invent something and then turn it over to your company?

>>23612509
>In reality, if you sign a contract with a company that, say, has an IP clause, like many do, guess what happens if you invent something and then turn it over to your company?
Yes, that's exactly what I was suggesting. They had the resources to make it happen and were able leverage them to utilize his invention. It's not a miracle of hard work or merit.

>>23612509
>There has literally never been a better time to be alive, what the fuck are you talking about?

i'd have rather been born a couple decades earlier.

>>23612509
> never been a better time to be alive
you must be rich and well connected. good on you.

>>23612585

I don't understand what you think your point is. The invention made a fortune. Without the idea, the resources used would not have made a fortune.

>>23612621
>you must be rich and well connected. good on you.

I am rich, but not well connected. I was poor until I figured out how to get rich, which I've mentioned here a couple of times.

>>23612601

Dude you are currently on a machine that instantly connects you to billions of other humans

>>23612621
You have access to a computer and the internet some of the most advanced tools ever known to mankind, and the ability to learn or access any piece of information and all you use it for is to bitch. That's not anyone else's fault.

in my country with 200$ you are a millionaire because muh hyperinflation
lmao

>>23611254
Us millionaires and business owners know we'd be the next target right after you kill all the billionaires. Just like what you do to the farmers in every communist shithole.

>>23612729
Made a fortune for who? Certainly not the guy who made it and changed the world. My point is: "I told someone else to do it" is an over rewarded skill set, which is down to leverage.

>>23612750

This ffs

Imagine whining and bitching about how hard you've got it when you are the first people in history to have high-speed internet, Google and YouTube.

You can learn any fucking skill in the world, any language or field of discipline, research any market, brought into your home, literally to your fingertips, for free, in an instant. You don't even have to type any more! You can just tell your device what you want to learn about, and it will serve up articles, discussions, and videos.

You have billions of other humans literally at your fingertips, and entire websites and networks, for free, that will let you sell your services to them.

No human being in history has had the sort of opportunities we have, and like you said these losers are using the greatest invention in human history to bitch. Pissing in the fountain of knowledge.

>>23611254
dude I live in one of the most corrupt shitholes and I still would support billionaires
you gotta hustle your way through it by any means necessary

>>23612729
>Dude you are currently on a machine that instantly connects you to billions of other humans

it's an overrated experience.

there are too many fakes and idiots

>>23612852
>Made a fortune for who?

The company that executed the idea. You have to have the idea, and execute it. That involves getting the resources together, and the specialists necessary to handle the specialized parts of turning the idea into reality.

If Hall had kept quiet about his idea, quit, let the non-compete period of his contract expire, and then started a company to produce his idea, took risk and hired the right people to execute it, Hall would've been made rich.

Instead, Hall took zero risk, handed it over to the boss, and everyone else got rich instead.

>My point is: "I told someone else to do it" is an over rewarded skill set, which is down to leverage.

I used to think like you, and I was poor. It was actually Steve Jobs' death that caused me to reexamine my thinking and realized how retarded this thinking is.

To find out what the key part of a system is, look at how it functions if you remove a given part.

>>23609412
and just to show OP how good billionaire are
https://tallyco.in/s/utsgf7/
and I am sure that no one will send me shit because they worked hard no matter how tough life was
either make it or kys, probably gonna do the latter but I can preach LOL

>>23612897
>it's an overrated experience.

I mean this with love, and with the best hopes for your future:

You are always going to be poor unless you change your thinking.

Anyone who tells you that the world's against you and the Evil Billionaires own the world and are robbing you blind is not your friend. They are your most lethal enemy, because they want to keep you poor and angry, because they profit from it.

>>23613042
based

>>23612992
>To find out what the key part of a system is, look at how it functions if you remove a given part.
Looks like they replaced the part just fine.

>>23613130

Right! After Jobs created the Apple II, the Mac, the iMac, the iPod, the iPhone and the iPad, they have been on a tear, innovating such iconic products such as the, uh... um....

>>23613167
Created what? He didn't do shit. Woz created everything, he just sold those.

>>23613199
Chefs make very poor restaurateurs.

>>23613199
>noted homeless beggar Steve Wozniak, who is in no way rich as hell

also

>it wasn't this one guy who created these world-changing things and got fantastically rich, that's bullshit!
>it was this OTHER one guy who got fantastically rich!

Woz is a great engineer. He's not a great designer or businessman.

(((billionaires, media, politicians, urbanites, atheists, academics, wall street, hollywood, bankers, lawyer)))

why not just call them by their real name anon

>>23613277
>watched some random movie about great people having great ideas to change the world
>actually worships disgusting sociopaths like jobs, jewenberg, bezos, who created absolute garbage like smartphones and other "disruptive" technology, basically exploiting every single bug and glitch that a faulted capitalism has
>b-but the people wants it! they deserved their wealth!
fuck you

>>23613342
>>b-but the people wants it! they deserved their wealth!
Yes. They deserve "THEIR" wealth. Who deserves "THEIR" wealth. You?

>>23613042

i have no comment about wealth inequality but i'd have rather been born a couple decades ago.

>>23613506
i mean a couple decades before i was actually born

>>23609412
You'll still be a loser after destroying billionaires. You wont succeed because you dont have the drive. You will always be at the bottom. You will eventually go after millionaires and thousandaires because you are a permanent victim and will never accept your lot in life
/thread

>>23613342
>disgusting sociopaths like jobs

>people create things of value for other people
>sociopaths

>people do none of these things but want stuff, demand that other peoples' wealth be taken and given to them
>selfless, noble

Nobody forced anyone to buy a smartphone, or to use Facebook, or to shop on Amazon. Those things changed the world because people want them. Amazon's saved me countless hundreds of hours and god knows how much money. I don't use Facebook, but it's free. Smartphones have connected pretty much every First World person to the entire sum of human knowledge, conveniently and easily.

Those 'sociopaths' got rich by improving millions of peoples' lives through voluntary exchange. Demanding that guys with guns come take their wealth and give it to you, purely because you want what is theirs and think you can get it, is by definition sociopathic.

Defense contractors are a different story -- they make their money by building killing machines, using money taken by the threat of force from people -- ie, taxes. Guys who got rich in the consumer market did it by making peoples' lives better.

>>23613527
>>23613506

Whatever you'd like to do with your life, I guarantee you it's easier now

>>23613566
based
I am broke af but trying to hustle and grind my way through
heck I am learning runescape to make some extra income

>>23613167
And yet look at all that money pouring in. Surely the people at the helm are just as if not more innovative, right?

>>23613582
>Whatever you'd like to do with your life, I guarantee you it's easier now

i'm certain it isn't. america was better and less clowny.

>>23613582
Facebook isn’t free, you’re the product. It has been an exclusive net negative on society. Amazon, ok cool I get it, I like cheap shit on my door in 48 hours but FB is a blight on humanity. Tied with private equity scalp shops.

I don’t want their money - I just want them to not be able to exert influence over the rest of us with it through things like lobbyists etc

>>23613659
cont.

and they didn't take so much shit from negros and foreigners. it's truly tiresome.

>>23609557
That’s not how it works sweaty
Also
>29 posts by this ID.
You’re never becoming a billionaire you faggot piece of shit.

>>23613403
They don't. Neither i do. No one does.

>>23613582
You're a monkey, you can't see past your immediate benefit, and you don't care about people losing jobs because of this "disruptive technology", which, in the case of Amazon, means that they don't pay taxes, while the small shop is forced to.
Watch "the social dilemma" to see how those people lifes have improved with social media.

>>23613677
>FB is a blight on humanity.

I don't use it myself, but it IS free, and hundreds of millions of people use it every day. For them, it's a great value. Facebook is a perfect example of creating value -- people get free social media at absolutely no cost to themselves, Facebook monetizes the data and is worth billions.

>I just want them to not be able to exert influence over the rest of us with it through things like lobbyists etc

I agree, but that's not a problem with billionaires, that's a problem with government. If government wasn't a) corruptible and b) able to fuck with people's lives with impunity, there wouldn't be a problem. Also, of course, the less powerful a government is, and the less control it has over peoples' lives, the less attractive it is for lobbying. Those guys want return on their investment

>>23613680

I never have to work again, so I can spend my evenings here trying to help people

>>23613756
based

>>23613712
>you don't care about people losing jobs because of this "disruptive technology"
>muh jerbs!

There are 99% fewer ferriers and saddlemakers now than in 1850. Do you seriously think that people should pay more money, and take more time, to buy what they need, to preserve McJobs in obsolete industries?

Should there be an additional tax on cars to pay for people to make horse saddles?

>>23613566
The number of "losers" is increasing more and more, because this sort of sociopaths are narrowing the spaces of living.
I'm not even talking about "success", that is a complete meme, bezos and all those disgusting pricks can't enjoy any of their dollarinos, because they're fucking psycho.
Jobs family was a complete mess, as you can read, even his daughter hated him.

Being forced to believe that you must have "success" in order to live is the most funny thing, you'll run all your life just to be fucking still.

Of course i'm not a commie, and i'm not talking about millionaires, my arguments are mostly against the billionaires, that are the product of a rotten dying accelerated capitalism, that in the end resembles the civilization at his lowest levels.

>>23613756
>If government wasn't a) corruptible and b) able to fuck with people's lives with impunity, there wouldn't be a problem.
If people depend on a job to survive this also applies to businesses.

>>23613812
>obsolete industries
Omg, China is eating you alive, and you're worshipping the ones that are destroying your society and will jump away before the airplane crashes.
Do you know what china does with chink billionaires?

>>23613813
>REEEEEEEEEEEEEEEEEEE
>People are giving someone i dont like money in exchange for goods or services
>That money's mine REEEEEEEEEEE it's MY MONEY

>>23613864
>can't even read
ok nigger, but we are not the same species

>>23613813
>Of course i'm not a commie
>that are the product of a rotten dying accelerated capitalism

lmfao of course you're not

>>23613834
>If people depend on a job to survive this also applies to businesses.

People depend on jobs, not a job. I had a bunch of jobs. Jobs are created where there's demand for the service. Should cellphones be taxed so we can have long-distance operators again? It doesn't make any sense.

>>23613844
>that are destroying your society

Christ, yuros are so tiresome. I will, I have to admit, raise a cheerful glass at what's about to happen to you in the spring.

>>23613881

That's literally what you're saying. The "sociopaths" you keep ranting about offered goods and services that were appealing to huge numbers of people, who then bought/used them. You, on the other hand, want their money, because you want their money.

>>23613813
>Of course i'm not a commie, and i'm not talking about millionaires, my arguments are mostly against the billionaires, that are the product of a rotten dying accelerated capitalism, that in the end resembles the civilization at his lowest levels.

What arguments have you made though? You just declared like you're some authority some arbitrary cut off where you're "ok" with something and not "ok" with it.

>>23613966
>The "sociopaths" you keep ranting about offered goods and services that were appealing to huge numbers of people
And what? That entitles them to devalue my savings? Those services violated our contract when their full cost wasn't fully disclosed. That's called fraud.

>>23614024
how are they devaluing your savings?
if there's anyone who's devaluing your savings it's the fed

>>23614024
>savings

First

>savings in a near-negative interest environment

Holy fuck you do not understand the basic concepts involved in economics. I will help you if you like -- also,

CENTRAL BANKS ARE DEVALUING THE MONEY, NOT FACEBOOK. GOVERNMENTS.

>>23614024
It's the opposite. Goods would be a lot more expensive if it weren't for people like Sam Walton.

imagine having savings
imagine not being all in internet currency
ngmi

>>23614048
That's what we're saying dumbass. Who do you think runs this machine? It's a incestuous relationship between banks, the Fed, and billionaire backers.

>>23611428
If you forged your relationships around the things that Amazom disrupted then you had a shitty community foundation.

>>23611757
Why should they do all the work in addition to taking on the risk of business?

>>23614097
im with you on this one.
fuck the fed
all the fed does is fuck over poor people and give free money to the rich
but the fed is part of gov't. if government wasnt so big companies couldn't devalue your money. the only reason they can is because they can lobby the government to point a gun at you to take your money

>>23614097

oh my god

so you are mad at Zuckerberg, for providing value to millions of people, because international finance, backed by the coercive power of the state, have created a low-interest-rate environment

Or, you could, like a non-retard, realize that there is pretty much free money everywhere right now, and all you have to do is borrow some for practically no cost and invest it reasonably wisely

If you fail, you are protected by bankruptcy laws and capital loss tax regulations, and you try again. If you succeed, you get rich. The system is set up to make it as easy as possible.

>>23614147

Why should our Marx-loving friend take risks, when he can just complain about how people who take risks often win?

>>23613756
>never have to work again
>helping people by promoting billionaires
Congratulations, I’m homeless and have a daughter. You can fuck right off. I’d carve a billionaires heart out of his chest with a knife so he can see what it feels like to lose everything including hope

>>23613966
>lmfao of course you're not
binary thinking is completely retarded, there are infinite options, infinite versions of capitalism too, not only commie/capitalist, fucking mongoloid

>That's literally what you're saying. The "sociopaths" you keep ranting about offered goods and services that were appealing to huge numbers of people, who then bought/used them. You, on the other hand, want their money, because you want their money.
They don't pay taxes, the average american investor does, they cheat.
With your retarded mentality you would legitimate drug dealers like Escobar because
>MUH PEOPLE ASKS FOR DRUGS THEY'RE GIVING A SERVICE
or also 2008 finance exit scammers because
>muh they're smart they deserved those money
fuck you, again.

>>23613966
>People depend on jobs, not a job.
I own a bunch of real estate that was paid for by letting other people live in it. The local market was shitty for renters which gave me an advantage in setting rents and lease conditions. If they didn't like it too bad. The same thing applies to employment, they'll give as little as they can get away with which is the only thing that makes sense.

>>23614297

Man, that is horrible and I wish you a fast turnaround. I don't have a daughter but I've had to couch surf for nearly a year before, grind my teeth while the Salvation Army guys prayed over me before giving me a bag of food -- not as bad as your situation but in the same neighborhood

The thing that changed my life was the formula Money = Impact x Scale, more detail here
>>23611281

Every second you spend raging about someone who's got it better than you is a second you're not making things better for yourself. Please, please focus on making things better for yourself.

>>23614326
Drugs should be legal and the 2008 bankers should have gotten fucked because fuck bailouts

>>23614297
>Congratulations, I’m homeless and have a daughter.

Stop fucking posting on 4chan you faggot then and do something about it.

>>23609557
What value do kike oligarchs provide? All they do is run a printing press

>>23614385
You have literally NO idea what you’re talking about. And I’d break your face if I knew who you were for implying I do nothing. I may have lost literally everything I have ever had including my dignity and friends but I can still put you in ICU

>>23614326
>ranting about late stage capitalism
>not a commie

lmao

>raging about taxes now

Yes, the tax system is set up to make it easy to get rich. That is a good thing. In other jurisdictions, the tax system is set up to make it hard to get rich, and you have a whole bunch of barely-not-poor people getting the shit taxed out of every euro they make, while Mercedes and Lambos and Rolls roll around their financial centers. If you live in North America, you are in the former. The rich always win, that is why they are rich. You just have to play their game.

>>23614348
>rent seeker complaining about times being tough

heh.

>The local market was shitty for renters which gave me an advantage in setting rents and lease conditions. If they didn't like it too bad. The same thing applies to employment, they'll give as little as they can get away with which is the only thing that makes sense.

Yes, this is called the law of supply and demand. It's how literally everything works. If everyone moves out of your town, you will go bankrupt and likely lose properties.

Impact x Scale = Money. By providing housing, you make a huge impact in as many people's lives as live in your properties. You thus earn an income.

>>23614355
>Blood rivers because of drugs should be legal
>Thousands of psychiatric diseases because of drugs are legit
yes, that too i suppose, right?


Look, if you're so beyond ethics and moral, why you don't support stealing and homicide?
I mean, if anyone can cheat somehow, why should we care about those other terrible bounduaires that are preventing the markets to express themself at their better?
Rules suck, in the end there's just the law of success, and why if someone is superior to another he can't just kill him and assert his alpha dominance?

>>23614179
>Need permission from the bank to acquire capital for investments
Lol, fuck off Deutsche Bank. Your permission isn't needed, and your time will soon be up.

>>23614420
>What value do kike oligarchs provide? All they do is run a printing press

Aside from the fact that a low interest rate environment, coupled with bankruptcy and capital gains/loss taxation regulations, have created the greatest opportunity for us all to get rich?

You can borrow money for practically nothing right now. If you make a ton of money, it's taxed at a very low rate. If you somehow lose it all, you go bankrupt and your slate is wiped clean, and you can use the losses to wipe out your taxes for years and years into the future.

As for the negative effects, the problem is because central banks protect their monopolies with police.

>>23614446
>can't avoid to apply binary thinking
kek, you're fucking retarded

>>23613527
The 80s and 90s were kind of shit if you take off the nostalgia goggles. You like reading? Too bad, specialty mail order catalog or sucking librarians dick is only option. Anime? Expensive bootleg VHS (poorly copied). Short of some construction jobs your work will be nothing even close to what it's like today. Imagine having a physical answering machine you have to check every day. Normalfags are even more retarded because no access to so shit like Wikipedia. You have to go shopping in store and be happy with the selection or pay extra for specialty items such as sparkling water or any bread except wondorbread. Stock market is closed off to little guys unless you pay outrageous fees and talk to a conartist broker on the phone for every trade. You don't even have the 'at least there's no niggers' cope as they'd already become pandemic by that point. There's a reason most get xers you talk to are pathetic demoralized sacks of shit. They grew up in very shitty times.

>>23614461
the war on drugs has done more damage than drugs have done. if drugs were legalized cartels would be gone becuase they can't compete with legal sellers. there would be less violence.
the entire drug war is a scam. we waste tons of taxpayer money fighting it and the bad guys keep on winning and causing more violence. legalizing drugs would completely fuck over all the cartels beucase they get their income from selling drugs and you basically destroyed all their income.

>>23614441
What ever you're doing it's not enough cuz you're right here on a hentai forum letting me get under your skin.

>>23613756
The solution to corruption in the government, especially moneyed interest influencing the government, is to weaken government oversight so there's no benefit in buying off government officials? I don't think that would work.

>>23612241
The only innovation post-Jobs Apple has come up with is turning the mouse upside down to charge it.

>>23614479
>gibs me dat for free!

Banks will just hand you a mass of capital for a tiny fee, and then you can go make a fortune with it, however you please. And if you lose, you say "lol bankruptcy!" and they eat the loss.

How lazy do you have to be to not see the opportunity there?

>>23614495

Enjoy living in a constant state of poverty, envy and anger. Hopefully at some point you'll have the epiphany I did, and then your life will begin to improve.

I don't have much hope, personally.

>>23614531
>The solution to corruption in the government, especially moneyed interest influencing the government, is to weaken government oversight so there's no benefit in buying off government officials? I don't think that would work.

It's pretty self-evident if you think about it. Corruption or lobbying as we call it these days, is literally the sale of power for money. You don't bribe a government official who doesn't have the power to do what you want.

>>23614543
The only gibs happening is welfare, and the Fed Cum down the bankers throats to try and make them lend you keynesian twink.

>>23614441
I have no doubt that you would physically assault me since you're a loser with nothing to lose but I'm always armed because people like you exist. You would just die, nobody would give a shit, and your daughter will grow up as a crack whore.

>>23614596
>Keynesian

lol fucking what

going to a bank, taking a loan, and creating a business is the literal opposite of Keynesian anything.

It just so happens that right now taking a loan has never been cheaper, and the entrepreneur's risk has never been so minimized

>>23614509
>becuase they can't compete with legal sellers
Yes, of course, you probably don't know what mobsters did in NY and vegas.
Not to mention chinks, that nowadays produce 95% of the chem shit.
Your cities would be full of sanchesz and jin xaos selling shit, with their bosses paying your marketers to make tik tok ads to be sure that even your 5 years nephew wants some.

The libtard answer is always the same "you can't stop this! government can't do anything!"
Actually what a government can do is virtually anything.
Look at what china does with capitalism.
Capitalism is like a social game, but after that you cross the lines, you die, disappear.
If they just wanted to, the cartels would be gone in 3 years, but they just don't want that.

>Thousands of psychiatric diseases because of drugs are legit
Forgot to answer to that

>>23614441
Lmao this dude fucking his daughter in the ass and shitposting all day acting like he has a hard life. Like he's working so hard to turn things around, one daddy daughter buttnut at a time. Guess he has to loosen up a bit and break her in before he can pawn her off for $20 a go. Hey, whatever puts the next crack rock on the table. What do I know, maybe you are being filmed and get paid per video or something. Kinda sad to think about though. Why don't you just be a good father instead of a homeless junkie?

>>23609557
I just wish more billionaires were actually philanthropic in a way that didn't compromise formerly peaceful nations.

>>23614495
>NOOOOOOOOOOOOOOOOOO YOU CANT MAKE GENERALIZATIONS YOU HAVE TO CONSIDER EVERY MINUTE POSSIBLITY

>>23614602
Ok Kevin. You’re right. You’re the most right person in the world. (You) also get a congratulations.

>>23612852
And it's a shitty point. The workers provide the labor but the tasks they are trained for were not created by them because they did not come up with the product or service. What's more, the less skilled they are the more replaceable they are. So much so that they can be replaced by automation so that if one has an idea and capital then they tell more and more machines what to do. How does automation factor into your thesis? The endpoint is that you either need to be an entrepreneur or an investor, which you have yet to factor in either.

>>23614509

Having known a bunch of people who got into hard drugs, and having attended some of their funerals, I'm gonna say this is a retarded leftist fantasy

Opiates especially are soul-killers and should not be taken by anybody.

>>23612897
Yet here you still are you chud.

>>23614644
I don’t speak derangement syndrome. But ok.

>>23614626
Do you have brain damage? Why can't you understand Central Bank printing for Bank lending ≠ Free Markets. And Richest of Rich are first in line to the central planned Buffet. Just look at the small businesses being liquidated by force government lock down, and banks and billionaires buying up what used to be a actual productive business...

Oh Wait, you can't because you're either a shill, or a incredibly deluded fag that got mind fucked by Marxist Modern Monetary Theory in University.

>>23614653
>I just wish more billionaires were actually philanthropic in a way that didn't compromise formerly peaceful nations.

Same.

>>23614661
Generalizations are for retards.
Capitalism changed in 60 years, someone decided how, it's fucking easy to understand.

>>23613199
>He didn't do shit
You know, besides come up with new ideas that no one else had yet implemented and then handsomely paid best of the best engineers to bring his ideas to life which they themselves would otherwise have not done without his ideas.

>>23613342
Their success is a commentary on society.

>>23613756
I think you brought some pretty good point anon, sadly haters, envious and ignorant peeps will always be. you pointed out the actual prob here, people with money is not the real actual prob, people controlling the it is the issue. Middle class wager here, appreciate your steady explanation and opinion. Wish I had more money like many but try to be happy with what I have. Life can be a perpetual grind or not, might be just faith. Thanks to motivate me to continue to grind.

>>23614671
>Do you have brain damage? Why can't you understand Central Bank printing for Bank lending ≠ Free Markets. And Richest of Rich are first in line to the central planned Buffet. .

Well, I'm not a schizo, so I thought about it for a second, and realized that cheap money is awesome. Then I borrowed a bunch of it and made a small fortune.

I'll try to explain the basic idea of money to you. Inflation is good. Inflation forces the rich to invest their money, which creates wealth and jobs. They can't just keep their money in the bank, because then they'll lose 2 percent of it every year -- and 2 percent of 100,000,000 is a lot of money.

So they invest it according to their risk preference, which means that startups get financed and expanding businesses get liquid capital.

We had deflation once. It was called the Great Depression.

>Just look at the small businesses being liquidated by force government lock down

Yeah, the less state intervention in the economy, the better

>and banks and billionaires buying up what used to be a actual productive business..

I'm sure they're delighted to own the insolvent husks of former profit centers.

>>23614665
lol who cares, it was their choice after all, should ban alcohol if anything, but we all know that's a wonderful source of revenue for mewrchants ansd gobberments

>>23614675
>NOOOOOOOOOOOOOOOOOOOOOOOOOO YOU CANT JUST SEPERATE MICRO ISSUES AND DEAL WITH THEM ON A CASE BY CASE BASIS WHILE STILL SUBSCRIBING TO AN OVERARCHING PHILOSOPHY

>>23614179
Speaking of which.

>>23614721

Hit your favorite torrent site or libgen or whatever and grab a copy of The Millionaire Fastlane -- it absolutely changed my life. It all boils down to the formula Impact x Scale = Money

I started a side hustle that became my main job and now I "work" for fun, and I want everyone else to have the same success, even that asshurt commie

>>23614700
Ok, what he did in the end? Iphone.
Very good.
He created a completely doomed age of zoomers with that.
Nice job.
>B-BUT I'VE SEEN A KEYNOTE AND IT WAS BREATHTAKING AND THERE WAS A PIANO PLAYING WHILE THAT NEW IDEA WAS FLOATING ON THE SCREEN, AND HIS SHIRT, I LOVED HIS SHIRT, HE SOUNDED SO BRILLIANT AND INSPIRING
iphone, retarded zoomers

And he's not even the worse.

>>23614297
>I’m homeless and have a daughter.

>>23614665
forcing heroin addicts to go to treatment is a much better use of my taxpayer dollars than forcing them into prison. plus it's way more effective at stopping relapse. the entire war on drugs is a huge scam

most of the other ones are fine, i won't really mind if they were legal.

>>23614668
Kek, says the homeless dude who fucks his daughter every day. Have you tried getting a job? Maybe renting a house or apartment? It's not even hard.

>>23614441
And your daughter would be without a home and a father.

>>23614740
>P-please, i'm an ignorant beast, can we j-just stick with the good old commie VS capitalist? If you say that there are infinite possible capitalisms i start to feel confused! My low-level techy degree didn't take this into account!

>>23614731
>lol who cares, it was their choice after all, should ban alcohol if anything, but we all know that's a wonderful source of revenue for mewrchants ansd gobberments

Even from a self interest perspective, I personally do not want to live in a society where a significant percentage of the population are junkies. At the best, you're stepping around infected needles on the sidewalk, at worst some addict bricks you to death from behind for your phone. I was in SF before the Commie Cough and it was already pretty disgusting

>>23614746

look at that sociopath

>>23614752
>everyone is wrong but me!

You're the economic version of that guy who has to right about everything, and has to argue about everything, and wonders why he never gets a second date.

>>23614769
Ok. You’re right. I’m wrong and lying. I apologise. It’s all false and someone’s snide advice on a faggot worshipping board just cured it.

>>23614762
>forcing heroin addicts to go to treatment is a much better use of my taxpayer dollars than forcing them into prison

Sure. But everyone involved with its import, distribution, and sale should be shot.

A few of my classmates were in and out of rehab for years and now they're dead. And I live in Canada, home of the Safe Injection Site.

>>23614726
Today is even worse then the great depression. Back then you lost your job. Today you lose your job and don't even own your home, car, or anything else for that matter. It's all rented, because sad sociopathic pieces of garbage could never actually compete in a free market, so they cheat, lie, and ultimately fail when the group of sociopaths a rung above decide to eat them to cover their mistakes too.

>>23614752
>He created a completely doomed age of zoomers with that.
How is Jobs or the iPhone responsible for that?

>>23614793

Jesus, man, just figure out what the maximum value you can provide to the maximum number of people is and put in a few hours a day. You might even start to enjoy it.

Fortunately, you are right now using a device that connects you, instantly and for free, to the sum total of human knowledge and also billions of potential customers

>>23614788
Actually girls love my arguing style, guess why.

>>23614829
Please, don't pretend that smartphones were not one of the worse inventions in the entire history.

>>23614845
Is that not the fault of society rather than Apple?

>>23614845
They are easily one of the best. I'd put it up there with the printing press and antibiotics in terms of benefits it has provided society as a whole. Think with your brain instead of lol fone bad because the newspaper funnies said so.

>>23614589
That's a very simplistic view of power, authority, and money which in practical terms simply assumes that somehow in some way monopolistic enterprises would stifle themselves. There is need for laws and regulations and as long as there are there will be a potential for abuse, your cut out the middle man by De-powering government will simply lead to a stifling of productivity as monopolistic practices take force and informal cartels and trade associations build quasi governments to deal with and amongst themselves.

>>23614819
>Today is even worse then the great depression.

You have literally no idea what you're talking about, holy fuck.

Aside from there being no social safety net whatsoever, in the Great Depression, there was massive deflation that lead to a liquidity crisis. There was no money in circulation. You couldn't sell or buy things, let alone hire people. Anyone who had some liquid money bought businesses, farms, etc for literally pennies on the dollar, because there was no money in circulation. It is the sort of stuff that gives central bankers nightmares.

Right now we're drowning in liquidity, thank Christ.

The fact that you think an advanced welfare state with inflationary monetary policy is worse than the Great fucking Depression is proof positive that you have no idea what is going on today or then.

>>23614870
Of course i'm not blaming Apple for inventing the smartphones, but i mean, Jobs is not that big man.
What did he do? He invented ipod and iphone. Whew.

He's not the worst because he kinda deserved his money, he played by the rules, he didn't use predatory competitive practices like Gates.
He lived in a time in which innovation meant something, not like that scum of bezos for example.

>>23614749
Thanks, will buy it and give it to next bro if success follows.

>>23609557
>>create something that provides literally billions upon billions of dollars of value

Speculation =/= value

Anything actually worth something that isn't software is built upon dozens, hundreds, if not thousands of workers. Not one individual nor C-suite.

>>23614836

lel

>>23614880
>That's a very simplistic view of power, authority, and money blah blah blah

It's an example to illustrate the point. Corruption is the sale of power for money. The less power a government has to sell, the less people will spend to buy it. And, of course, power is the ability to compel action, which is antithetical to the free exchange of goods and services that is the market. If you think the rich will corrupt the government, which they will, the only solution is to minimize the power government has to sell.

>a stifling of productivity as monopolistic practices take force and informal cartels and trade associations build quasi governments to deal with and amongst themselves.

Government is by definition a monopoly on power. Try setting up a competing power structure in your neighborhood and see what the government does when it finds out.

Sadly there's no way this thread will live long enough for a discussion of monopolies and if they actually have ever existed WITHOUT the enforcement of the state. I can't think of any

>>23614446
I'm not complaining, it's pretty great. It's also the market providing me with an unfair advantage, the same as the majority of employers hold over the majority of employers. If you think the same problems you attribute to government won't apply in cases of inequitable bargaining you're kidding yourself. Look at all of Bezo's warehouse slaves who can choose between that and dying on the street.

>>23614964
>Speculation =/= value

Value is of course subjective. If, however, a few million people think your product is valuable, it is objectively valuable.

>Anything actually worth something that isn't software is built upon dozens, hundreds, if not thousands of workers. Not one individual nor C-suite.
>le labor theory!

To test this theory, let's get in our time machine, shoot Weng Jiamin, Foxconn factory worker, in the head in 2004, then jump ahead to 2007 and go buy an iPhone. No problem! This is because someone else was hired and trained to do Weng Jiamin's job.

Now we'll go back and instead shoot Steve Jobs. Will there be an iPhone waiting for us in 2007?

>>23614882
>Aside from there being no social safety net whatsoever
Lmao. You were just making fun of gibs here:
>>23614543
As well as all thread, now suddenly it's a good metric? Also shadowstats has unemployment closer to 25% then the numbers government is reporting, just as bad as the depression, and we're not even halfway through. You're just a typical goalpost moving Kike, trying to use whatever angle to justify their Kikery.

>>23615023
>It's also the market providing me with an unfair advantage

How is it unfair? If things change in your neighborhood and suddenly there's a glut of rental properties, and you end up with empty units slowly losing money, or having to reduce rents to keep good tenants, is that unfair to you?

>the same as the majority of employers hold over the majority of employers
>Look at all of Bezo's warehouse slaves who can choose between that and dying on the street.

Do men with guns round these guys up and force them to work in Amazon warehouses? Are they locked in their homes after their shift with the Wifi off, so they can't learn skills or find another job? I don't understand.

Does it suck to have no skills that are in demand? Yes. Imagine what it was like just 25 years ago, when you couldn't just pop open YouTube and start learning how to do literally fucking anything that doesn't require an advanced degree

>>23615073
>You were just making fun of gibs here:

... business loans aren't gibs, what medication are you not taking

>>23615073
>Also shadowstats has unemployment closer to 25% then the numbers government is reporting, just as bad as the depression, and we're not even halfway through
>muh blog!

I beg of you, learn something about either history or money, preferably both. You don't get what a deflationary spiral looks like.

>>23615137
Less Nigs on welfare and cheaper shit for me to buy. Fuck off with your "the greater good" narrative, you're not fooling anyone here. The rich get richer, the poor get welfare, and the middle picks up the tab.
>Protip: here's the history of the system you keep trying and failing at

>>23615073
Of course he's a disgusting kike, you can sense the absence of the foreskin in every single sentence he says
Problem is that the abundance of cockroaches like this is a symptom that the entire ship is sinking

>>23615200
>The rich get richer, the poor get welfare, and the middle picks up the tab.

Yes. There's a simple difference between the three groups, and you should learn it.

>Less Nigs on welfare and cheaper shit for me to buy.

Stuff does get cheap! But you'll be sucking a rich guy's cock for a dime behind a building, because it's the only circulating piece of money within a square mile and that's what he wants for it. He's already bought everything you own for a couple of bucks.

>>23615096
A minimal government couldn't and wouldn't stop Bezos from using physical force if he wanted to. It's both unncessary and the overt cartoonishly bad optics of it would cause people to boycott Amazon. But you truly don't seem to care about how this isn't about a bunch of lazy NEETs jerking off instead of doing something productive. Our markets cannot be free or fair without well informed, good faith participants that can voluntarily exchange value without coercion.

>>23615256
Whether somethings cheap and I have little money, or expensive and I have a lot of money is just a fucking ratio. Anything worth owning is being hyper inflated because the rich are incompetent at risk evaluation. You'd be sucking the cock of actual skilled bussinessmen and pragmatists instead, of delusional faggots using cheatcodes to play again. The rich are incompetent.

>>23611729
>more honest salesman who don't jew you on prices.
Oh, you mean Chinese sellers who race to the bottom on price and practice dishonorable rating manipulation? Ah yes, how very honest and wholesome.

You are also completely overlooking the fact that the elimination of mom and pop stores means consolidation. If I try honestly to sell a product online on an equal playing field to large established businesses with economies of scale on their sides, I'll get wiped out. People are simply not going to pay more for the same product. Most things have already been invented too, so it's hard to be innovative. How about niche products? Consolidation will get them too once profit margins he slim enough everywhere else. So fuck you, you spineless fucking consumption-loving kike. Enjoy your extremely convenient bread and circuses while you argue online on why power should be siphoned from the many to the few. Gimp.

>>23615288
>It's both unncessary and the overt cartoonishly bad optics of it would cause people to boycott Amazon.

Yes, so...

>Our markets cannot be free or fair without well informed, good faith participants that can voluntarily exchange value without coercion.

True! But the only coercion in the system comes from the state. I',m not a lolbertarian, by the way, but government is at its root coercion -- when you follow every law and statue down to its ultimate root, it's a cop with a gun.

>>23615293
>Whether somethings cheap and I have little money, or expensive and I have a lot of money is just a fucking ratio.

No, because in a liquidity crisis there is no money. Everything is cheap, but you have no money. You can't buy things. The store can't sell things. There's no money. People who have money in the bank can and did buy up everything for pennies on the dollar, because they were the only ones who had cash, and humans need to eat.

>the rich are incompetent at risk evaluation.

And yet you're poor -- you must be all kinds of stupid!

>>23615288
Minimal government is the libtards dream, but when things go to shit, for example when they crush the entire system every 10 years, then you can see the strong hypercapitalist go boo boo from the govt.
Of course even with covid the entire private healthcare needed tons of injections to avoid to fail.
They are completely suited for overfitting, the myth of the invisible hand of the markets is a complete meme.

Of course even the pseudo-science laws that they flag as scientific truths are a meme, not even a single law or diagram they quote can last over a couple of decades, their religion suffers for the same overfitting problem as them.

>>23615096
>How is it unfair?
Their need for and access to a place to live is consistently lower than my need to provide one and there's little they can do about it. Compare the price of housing or healthcare over time to consumer goods like televisions and tell me there's no difference in bargaining dictated by survival.

Employment is the same, it's what has consistently driven down the purchasing power of the average wage over the past several decades.

>>23615368
just let the companies go bankrupt.

fuck bailouts

>>23615358
Buying bread for 0.10$ with a total net worth of $100, is the exact same as buying bread for $1000 with a networth of $1,000,000. You're not changing or saving anything, just inflating prices of assets while people with a networth foremost mentioned now need to pay $10 for bread. And yes, the ultra rich are dumb as fuck who hire babysitters to lobby governments.

it's all caused by the fed
https://wtfhappenedin1971.com/

>>23615412
>Their need for and access to a place to live is consistently lower than my need to provide one and there's little they can do about it.

For now -- if the place becomes a ghost town, or unfashionable, you might find yourself on the other side of that equation. The fact is, you're providing a necessary service at a price they are willing to pay. That is making a massive impact on peoples' lives.

>it's what has consistently driven down the purchasing power of the average wage over the past several decades.

That's actually the twin effects of increased automation and deliberate increase of the labor supply, both working to cheapen unskilled labor. Skilled labor and professionals are doing great, for now.

>>23615417
>literally cannot understand a low-liquidity environment

Bread's 10 cents, but you haven't been paid in two months and there are no jobs because nobody can pay wages. So you spend through your savings, if in fact you have any, because there was actually no money in the bank when you went to withdraw it. And now you're hungry. You hear there might be work a couple towns over. Maybe there is, for a week.

That was the Great Depression. Try to understand, in a deflationary spiral, people can get a decent return just by keeping their money in the bank, so they do. This drives up the demand for what money is left in circulation, which means it's an even better return to hold onto your money, so more people park their money in the bank. And so on and so forth until there is no money circulating. And then the rich will spend a little to buy a house for 1% of what it's worth, because then that former homeowner can afford food.

Gratitude for a good deed encourages more good deeds. Hot Potato co-existing with communities allocates 10% of the bounty pool to the participant with the highest purchase in the last 24hours of HP sales as a reward him as the Lucky One.

>>23609412

The whole 'stop simping for billionaires' meme is cringe. Most people don't think they'll be a billionaire. They just respect the achievement. It's why Harrison Bergeron was a dystopic story, not a happy ending.

I may never subjugate Central Asia, rule the third greatest empire in human history or become common ancestor of 16 million men but I can still respect the achievements of the Great Khan.

>>23612392
how did you figure out how to be rich?
how old are you?
what was your initial investment?

>>23615554
>you haven't
Don't strawman me faggot. Choosing a stable job, and saving YEARS worth of living expenses is a CHOICE. If you want to over leverage yourself by spending beyond your means, then you live with the consequences if things go south. What you've done is create a perverse incentive where responsibility and independence is punished, and government reliance and reckless societal harming behavior is incentivized. THEN you put on blast these moralless idiots who want to overtax your ass for free shit. GEE, I WONDER WHERE THEY LEARNED THAT FROM???

Shut off the money printer or Pinko Faggots are gonna eat you alive.

>>23609892
>net worth $999,999.99
>make 1 cent
>you're a threat now

>>23615728
based,
fuck the fed

>>23615668

To really oversimplify: First, the formula is Money = Impact x Scale. What you get is the amount of positive difference you make in another person's life times the number of people whose lives you improve. Fave examples are building luxury condos -- on that 75th floor penthouse, you have created a place where there used to be literally nothing air. Huge impact on the buyer's life x relatively small number of people = big money. Conversely, viral video makers provide a small amount of entertainment for a huge number of people = big money. Normal people will fall somewhere in the middle, but the formula applies. Think of what you can produce that comes out with the biggest number.

#2 is that in a consumer economy, you have consumers and producers. Consumers think about their own desires, and spend money. Producers think about consumers' desires, and get rich. Focus on what others want, and they will give you their money.

I don't want to dox myself so I'm in my mid-30s, I started about 5 years ago. I wrote Kindle ebooks, which meant really I spent months figuring out what books people were buying that still had some room for me, and how SEO and online advertising and Amazon ads work. That served me well when I got into affiliate marketing a bit, but mostly it helped me sell ebooks. That let me quit my shitty labor jobs and focus on writing. I've made high six figures off of that, bought Boomer mutual funds which have been doing great, and some crypto, lost most of that in 2018, but now I can write mostly for fun and play with shitcoins.

I borrowed about $25,000 all told, between taking time off work and figuring out ads. Not all at once, but a lot of months I paid rent with the credit card.

How do I keep the fixed percentage of my Token intact?
Having a Hot Potato keeps a fixed percentage of your Token intact ones you don't involve yourself in any activity whatsoever be it trading or transfer and your Token still in its original address.

>>23615728

Christ, you're stupid.

>Choosing a stable job, and saving YEARS worth of living expenses is a CHOICE.

Yes. It is a choice to never ever be rich. You risk nothing, you sell your time for a paycheck, and, by the sound of it, you specifically finance a car or a house and think you have assets when in fact you have liabilities. You never spend a minute learning the rules of the game, and when people who are decent at it try to tell you, you argue with them instead of getting a free education.

> If you want to over leverage yourself by spending beyond your means, then you live with the consequences if things go south.

That's true! And you reap the rewards if things go well. That's how to get rich.

>Shut off the money printer or Pinko Faggots are gonna eat you alive.

You are like a guy wandering onto a baseball field, trying to swing a glove at the ball and then yelling and screaming when people try to show you a bat.

>>23614491
Wrong. Artificial low interest rates is what is killing the west. It destroys capital's structure, confuses economic agents and incentives debt while punishes savings.

>>23615811
Thanks for the reply. I'm not sure I'd do the writing thing but finding your niche sounds like a good idea.
I have $500,000 I'm trying to figure out what to do with, my main goal is securing my financial future. I don't care about living lavishly. I just want to be able to pay all my bills and retire comfortably.
I'm thinking of investing and doing semi-day trades but that concept scares the shit out of me.
Trying to learn as much as I can, so thank you again for your reply.

>>23615851
>You risk nothing, you sell your time for a paycheck, and, by the sound of it, you specifically finance a car or a house
Lol. You literally cannot comprehend living without debt can you? Living frugally and investing is exactly what one should do to gain wealth. Not borrowing to the tits then asking daddy government for a bailout.

>>23615856
> incentives debt while punishes savings.

Money is debt. Savings are for suckers. Inflation forces the rich to invest their money, rather than saving it, which creates economic activity and massive opportunity.

>>23615866

A smarter guy than me told me the main thing money buys is time. Maybe what you should invest in is yourself, skills you'd like to have for example. Go to school, go somewhere where they do something cool and work cheap to get experience in it. You've got years and years and years to set yourself up for life.

Just always keep in mind that if you want to get rich, the only way to do that is by providing value for others. Think about what other people want. What would you consider doing, what do you think you have aptitude for or could learn, that would provide enough value to enough people to make you rich? Do you want to provide a lot of value for a select clientele, or some value for lots of people? What feels right?

You've got the luxury of time to make up your mind, enjoy it!

>>23615902
>You literally cannot comprehend living without debt can you?

I'm a multimillionaire. I don't have any debt. I used debt to get rich, like pretty much everyone who does. If I want to start a new business, I'm sure as fuck not using my money to do it, when the bank will lend me whatever I want at 2.45%.

>Living frugally and investing is exactly what one should do to gain wealth.

That's an excellent way to stay poor. Don't forget to finance a car and mortgage a house while you're at it!

>Not borrowing to the tits then asking daddy government for a bailout.

huh?

>>23609412
People would simply stop working after they'd get to that level. Why the fuck should someone keep building, if he can't make more money? In the end he's either going to spend that money, give it to charity, or to his children, which can do the same. Multigenerational wealth is rare.

>>23610543
Amazon has some decent jobs in the warehouse.
I don't have to deal with dickhead customers.

>>23615923
>Money is debt. Savings are for suckers. Inflation forces the rich to invest their money, rather than saving it, which creates economic activity and massive opportunity.
Wrong. There is no debt without savings. You are asking the money from someone who saved it before. If you lend billions of imaginary money printed on a bank screen you will live in a succession of bubbles (best case scenario) or hyper inflation will follow suit (worst case scenario). The amount of savings of an economy dictates to economic agents what kind of investments are possible and that is reflected on interest rates. Investments who should be done aren't and viceversa.

Remember: capitalism is profit AND LOSS. And in high velocity economies the government has to bail out the losers constantly to avoid economic adjustments that makes well connected people go bankrupt. This take ends in a pseudo-communism being implemented in a global scale. TLDR,: You are missing the forest for the trees. You can't extrapolate your personal experience and some successful cases to defend an oligarchy where the middle classes are getting royally fucked through inflation, taxation and regulations while corporations and governors are protected with tax payer's money.

>>23616018

This is another thing people are surprised to find out. I think it's something like 15% of people are in the same tax bracket as they were 5 years ago. The social mobility in modern society is amazing.

>>23615866

oh oh and fortunes are built with leverage, don't start a business with your own money, and the LLC is your best friend. also if I hadn't read Basic Economics by Thomas Sowell, Rich Dad Poor Dad by Kiyosaki and The Millionaire Fastlane by (Ican'trememberlol) I wouldn't have made it.

>>23616053

I have it on good faith that you in fact are a slave, robbed of your youth and potential by the maniacal monster Jeff Bezos

>>23616069
>There is no debt without savings. You are asking the money from someone who saved it before.

I mean this gently, but you don't know what money is.

> You can't extrapolate your personal experience and some successful cases to defend an oligarchy where the middle classes are getting royally fucked through inflation, taxation and regulations while corporations and governors are protected with tax payer's money.

Sure I can, because you can leave the middle class any time you want. It's just scary and you will have to work your ass off for free for a long time and you will likely fail repeatedly until you succeed. Most people have no stomach for that, so they choose a safe paycheck 40 hours a week and weekends off. I respect that choice but it felt like slow living death to me.

The trick is that the system is designed to make it easy for you to succeed. If, like I say, you are not a nigger with 10 maxed-out credit cards, you can get a loan at a ridiculously low rate of interest to start a business. Once incorporated, pretty much everything is tax-deductible, minimizing your break-even. Capital gains, if you go that route, are taxed at a fraction of actual income. Capital losses nullify your taxes and be carried forward for years and years and years. And if you somehow manage to lose every penny, bankruptcy wipes out your debt and lets you start again.