/biz/ - Business & Finance

>>49291643
If that cunt had a billion dollars. He would be more insufferable than Gates or Bezos or any of those faggots.

This is what leftists ACTUALLY believe.

I know this is a bait thread and leftism is a religious cult but let me explain why this is wrong.

When people hoard(save) money, it means they are not consuming resources, they're postponing consumption. The act of saving pushes down prices, allowing everyone else to consume resources. If every billionaire gave all of their money and gave it to the working class and the workers spent that money, it would just cause massive price increases and shortages. The working class is ALREADY receiving virtually all of the consumer goods in the economy.

The exact opposite of what this leftist cuck is saying is true.

>>49292027
these retards literally think net worth = cash sitting in a savings account

>>49292074
even if it was cash in an account, it wouldn't ever be enough to pay for their retarded programs

We must all defend billionaires, one day we might become them too. Capitalism is the best thing to have happened to humanity. Hail globalism!

I think all billionaires should be forced to work at McDonalds in an shitty American city for a year

>>49292101
>We must all defend billionaires, one day we might become them too.
This argument is fucking retarded.
Just because I want to leave people alone and let them create economic growth for society doesn't mean I think I'm going to become a billionaire one day.
>Capitalism is the best thing to have happened to humanity.
Unironically this, and socialism/social democracy should be put down violently.

Stop bootlicking the government and central banks you subhuman animal.

>>49292027
I don't understand this ending world hunger talking point. It's actually a thing leftists truly believe it seems. Like giving every single person in the Congo $1 million each will miraculously end their food insecurity problem. Not sure which non-existent, fully-stocked and clean supermarket chain they can visit to spend that money, never mind the warlords stealing it.

>>49292027
Commies all think billionaires keep their money in sacks in a room in their mansions like Scrooge McDuck. They literally base their economic policy on the cartoons they watched as children.

For those of you who know nothing about money management, billionaires INVEST their money. They buy stock in transportation, agriculture, manufacturing, energy, mining, etc. They invest in commercial and residential real estate. They loan money to governments through bond purchases. If you were to confiscate $6 trillion in private funds from billionaires, they would need to sell all of those assets. You would crash all of those markets and send governments into insolvency.

Furthermore, every single one of the problems listed would remain unchanged. So, basically, it's a perfect policy for the Biden administration.

>>49292633
>You would crash all of those markets and send governments into insolvency.
Oh no...

>>49291643
How do we make YOU accountable for contributing to society, pal?

>>49292027
>if you just throw more money at problems, they go away
Absolute state of leftards.

>>49291643
>Wealth = stolen wages
Communism is literally a perpetual midwit meme

>>49292046
this is your brain on ronald reaganstein

>>49292736
How about you start by inflating all my wealth away. Oh and why not lock me up for 2 years too

>>49291643
>t. posted from my iphone that I ordered off amazon while using the free wifi at starbucks
Indeed fucking billionaires dont contribute anything that I like

>>49292074
and you're so retarded that you're bootlicking people the very people the keep you permanently wage slaved

many such cases

>>49292767
LMFAO
You people literally believe in the opposite of reality. What the fuck is wrong with you?
You eat up leftist propaganda from the asshole of sam seder, bernie sanders and hasan piker. You people literally believe inflation is caused by "corporate greed".

>RONALD REAGAN TRIGGLE DOWN ECOMIKS!!!!
This is literally a myth. Reagan massively increased the size of government and it's only grown since then. Shouldn't you bootlickers love him?

>>49292783
>permanently wage slaved
It's the government and central banks that YOU support that did that you fucking moron.
Keep sucking central banker cock.

>DUDE BUSINESSES MAGICALLY CONTROL WAGE RATES AND THE LABOR MARKET DOESN'T EXIST LMAO

>>49292633

>t. a conservative making 80k/yr who bought into all the bullshit rich people say

>>49292841
>You eat up leftist propaganda from the asshole of sam seder, bernie sanders and hasan piker. You people literally believe inflation is caused by "corporate greed".

i have no idea what you're talking about. i don't participate in popular culture. i don't follow the news. i form my own opinions. i am not subhuman nigger cattle, unlike you. keep coping with your "I DID THAT," "FJB," and "LGB" stickers on gas pumps, you jet black gorilla nigger retard. prostrate yourself before your jewish billionaire masters. if you spread your asshole and push your hips back extra hard, you just might get a pity raise that allows you to tread the waters of inflation just a little longer.

>>49292866
You people are in a religious cult and fight against your own economic interests.
Reality is staring you right in the face yet you continue to believe in complete fucking nonsense lmao

Imagine living your life as a statist/corporate bootlicker.

>>49292914
>i form my own opinions.
KEK
No you don't.
You are not immune from propaganda. You're legit repeating the "reagan was a free market guy" narrative leftists spew
> prostrate yourself before your jewish billionaire masters
You defend these people
You worship the federal reserve.
You cry when people try to audit the fed.
Eat shit and die.
>aters of inflation just a little longer.
Your stated policy is "inflation is good".
End your fucking life.

>>49292914
> Jewish Billionaires
Those are Jewish Bankers and their wealth is basically unknown, because no one in the press or media exactly knows the *source* of their income. Same reason why Vladimir Jewtin isn't in the Forbes list of Billionaires.

>>49292942
>fragmented thoughts
>arguments with shadows
>excessive line breaks
>nonsensical talking points
take your meds. your mother is worried sick about you.

>>49292920
Politics is just rich people brainwashing poor people to further their interests

>>49292994
>>fragmented thoughts
Nope. They're laser focused. I know exactly what you are you "right wing" socialist loser.
Kill yourself.
>>49293004
>Politics is just rich people brainwashing poor people to further their interests
Yes. Except that rich people get poor people to support left wing policies like central banking and big government.
We need a free market.
Socialist and corporatist parties should be banned.

>>49293019
>more line breaks

>>49293027
>goes into a fit of rage over line breaks
>can't even present an argument
ok socialist

>>49293019
>Yes but only for the side I don't agree with
Nah, democracy itself is constructed in a way to make sure people don't know what they're voting for. If they wanted democracy to work, they'd make us vote within our competence, for the minister in charge of whatever industry we're involved with. A finance guy would vote for the next finance minister, a car mechanic would vote for whoever is in charge of cars, obviously some cabinet reshuffling would be in order to make this work. Instead a car mechanic is expected to know which guy can win a war. It doesn't make sense because they don't want it to make sense. They just want you to beLIEve in abstract ideas like "freedom" without thinking too much.

>>49293139
>>Yes but only for the side I don't agree with
Yes. YES!
Actually fucking this.
>They just want you to beLIEve in abstract ideas like "freedom" without thinking too much.
Democracy has literally nothing to do with freedom.
Democracy should be abolished.

>>49292074
If you seize wasteful, polluting businesses and shut them down/streamline their operations for production rather than profit, it's the same thing as taking the imaginary money and using it to stop said businesses from polluting and being wasteful.

>>49291643
These tards always forget about inflation. If you took billions of dollars from the rich, which would be impossible anyway since their wealth is held in assets and if they all got dumped onto the market you wouldn't be able to get near what they're "worth" now, then everybody would still be competing for the same limited number of goods, but just with more money.

>>49293216
>If you seize wasteful, polluting businesses and shut them down/streamline their operations for production rather than profit,
They're already producing you fucking retard. Profit is how they know they are being efficient with their resources unlike the USSR which was extremely inefficient and was much more polluting
https://en.wikipedia.org/wiki/Aral_Sea


>>49293239
>These tards always forget about inflation. If you took billions of dollars from the rich, which would be impossible anyway since their wealth is held in assets and if they all got dumped onto the market you wouldn't be able to get near what they're "worth" now, then everybody would still be competing for the same limited number of goods, but just with more money.
FUCKING THIS
I've been trying to explain this to people for fucking years but people on the left and the right don't get this simple concept. Holy fuck.

>>49292914
>In a debate/discussion
>Does respond to argument

Nice one retard

>>49293298
No, profit is how you extract value from operations. Production-focused operations would either bank profits, only to be used to sustain the business by covering debts or offeting negative externalities (like pollution), or else would have a production target and a plan to wind down operations so that the venture doesn't become a zombie rent-seeking drain on the economy. Instead,
companies take a fat squat, rent-seek, and use the profits to enrich owners who use the capital to further clear their neighborhood.

>>49293406
>No, profit is how you extract value from operations.
Profit is just getting more outputs out of your inputs.
> Production-focused operations would either bank profits, only to be used to sustain the business by covering debts or offeting negative externalities (like pollution),
That's retarded. The profits should be used to expand, not simply sustain the business.
>zombie rent-seeking drain on the economy.
This literally never happens.

>>49293459
>Profit is just getting more outputs out of your inputs
Yes, that's what I said.
>That's retarded. The profits should be used to expand, not simply sustain the business.
>Chasing exponential growth is a smart move!
>This literally never happens.
Literally every large property management company. They're LITERALLY rent-seekers.

>>49293459
Also, the important point is that companies don't use profit to clean up their own messes, unless forced to by regulation. Acquiring those assets and forcing them to operate in a sustainable way from the top down as owners cuts out the middleman. Efficiency!

>>49292709
I think a good economic cleansing is in order. But the people calling for mass confiscation have no clue what they are asking for.

>>49292866
"Your argument is invalid because you are a (fill in the blank)." Typical SJW response when they are incapable of a counter-argument.

>>49293178
Why is there a woman in that picture? They are largely responsible for the shit we are in.

>>49293562
Democracy?

>>49292866
Nice counterarguments you have there, you sure explained how he's wrong and convinced me!

>>49293491
>>Chasing exponential growth is a smart move!
Yes. Of course it is.
Why would a business expanding be a bad thing?
>Literally every large property management company.
What are they doing that triggers you so much?
>They're LITERALLY rent-seekers.
Good?
This is a good thing.
Rent-seeking is only bad if it's government favors.
Rent's due rentoid.

>>49293513
>Also, the important point is that companies don't use profit to clean up their own messes,
They should be forced to clean it up if they pollute the land of others. This is a basic part of the free market.
>Acquiring those assets and forcing them to operate in a sustainable way
fucking lmao
government mismanages literally every single fucking thing it is involved in
Read a history book.

>Efficiency!
Why was every socialist state in history extremely inefficient?

>>49293618
Democracy is a disaster. As Mencken said: "Democracy is the pathetic belief in the collective wisdom of individual ignorance." The majority will burn you as a heretic if you question their democracy cult. But even the rational ones always must fall back on "it is better than the alternatives". And yet they have not really examined the alternatives. A modernized version of Plato's republic, for example. Even a random drawing from the public would be better than the absolute shit the democratic process produces.

>>49293730
>They're LITERALLY rent-seekers.
>Good?
>This is a good thing.
people like you deserve everything you get in life.

>>49293216
Oh man. How blind do you have to be to imagine that government could EVER streamline an operation?

>>49293823
>people like you deserve everything you get in life.
Wealth? Happiness?
It's you people who support central banking and inflation.

>>49292027
>halt climate change
Kek

>>49293178
"Democracy is the theory that the common people know what they want, and deserve to get it good and hard." -H.L. Mencken

>>49293894
Based

>>49293730
>Why would a business expanding be a bad thing
Ultimately, you run out of energy and implode (though usually before that you run out of the ability to manage the energy necessary for operation and develop a form of cancer). This goes for the individual, the company, the nation, and the civilization.
>Rent-seeking is only bad if it's government favors.
You can't possibly be this stupid.
>They should be forced to clean it up if they pollute the land of others. This is a basic part of the free market.
Part of "clearing your neighborhood" is buying your way out of accountability. Again, enabled by misallocated profits.
>government mismanages literally every single fucking thing it is involved in
No.
>Why was every socialist state in history extremely inefficient?
Also no.

>>49293808
Democracy is a requirement if assuming the existence of free will. It's the balance between totalitarianism and anarchy that any entity will tend toward when thrown to a place of excess.

>>49293841
>Gov't takes over
>Produces millions of tons of weaponry in a few years, wins WWII
>Gov't cuts outside producers in
>F-35

>>49294038
>you run out of energy and implode
lmao what? businesses aren't stars
If a company is being inefficient, another, more efficient company will come along to take their market share.
You can't say this about government, they are ALWAYS inefficient.
>You can't possibly be this stupid.
YOU can't possibly be this stupid.
Rent is a valid economic concept.
Do you think people should have to buy things outright if they only need them temporarily?
If I need to rent an excavator for some work on my house should I be forced to buy the entire machine instead of renting it for the weekend?
The same thing applies to housing.
>Part of "clearing your neighborhood" is buying your way out of accountability.
No, it's literally being accountable. They would be solving the problem and sacrificing their profits to do so. Holy shit you're dumb.
>No.
Look at every socialist state in history. Look at every government program in history.
>Also no.
Fucking LOL Look at the USSR, maoist china etc
How was forcing farmers to melt down their tools to make low-quality brittle iron efficient?

>>49292027
If all conservatives and <insert group leftists don't like> disappeared, who will they blame when their problems inevitably don't get solved?

>>49294102
Almost all of USA's WW2 weaponry were built by private companies.

>>F-35
It's almost as if government is inefficient at allocating resources or something.
You probably think the post office and amtrak are efficient.
You people shouldn't be allowed to vote.

>>49292783
The only thing that "trickles down" these days are tax policies that pussy-ass politicians (both republicuck and demonrat) foist on the middle class after billionaires like Michael Bloomberg and millionaires like Bernie Sanders whine about them

>>49294085
False dichotomy. You can have a libertarian dictatorship and a totalitarian democracy. Democracy does not equal freedom and autocracy does not equal servitude.

>>49294102
If you have some notion that US defense procurement during WWII was in any way efficient, you are dreaming. It was the most wasteful operation imaginable. It eventually produced a large quantity of goods, but only by diverting America's vast industrial capacity away from all other functions and impoverishing the public. And it was filthy. We are still cleaning up pollution from WWII manufacturing.

>>49294127
>muh gommunism
>muh socialism
you live in a socialist country. your tax dollars fund defense contractors. your tax dollars fund sub-livable wages paid by our largest and richest corporations (walmart, amazon, etc.) in the form of welfare, section 8, and EBT subsidies for its workers. your tax dollars funded trillions of dollars of bank bailouts in 2008. your tax dollars funded trillions of dollars of paycheck protection plan bailouts in 2020-2021. your tax dollars subsidize every large business in this fake and gay country that begs for job creator tax cut gibs. your tax dollars subsidize the farmers who produce the high fructose corn syrup and the hormone-laden saline balloon "meat" that you consume every day. your tax dollars are funneled into private industry jew scams by the trillions every year. privatively run prisons. privately run retirement homes. privately run hospitals that collect hundreds of thousands of dollars per medicaid and medicare recipient.

I fucking hate how young people have become hyper-politicised with social media. They will eat up any shit covered fact they see and preach it to death as if they know how the world works after being an adult for 5 years. My god they will look back on how insufferably rosy and uninformed their views were and die of embarrassment. These western culture kids need to experience some real hardship and learn what the real world is.

>>49292027
We just need more money for dem programs yo!

>>49292074
I saw a leftist website that "refuted" that claim
It argued that because there were X trillion USD worth of stock trading volume that there was enough liquidity to absorb selling off all the billionaire's stocks kek
It also hand waved off a "70% decline in stock price" as no big deal, as if suddenly rugging the entire market wouldn't trigger the next Great Depression

>>49291643
Have sound money. That's literally all it takes. Fiat money created the wealth divide.

>>49292027
They always say retarded nigger shit like "solving world hunger" or "stop climate change" but you will never ever see them say how exactly this money would do those things

>>49292074
thats most far lefties are poor because they're stupid wordcels and get an inflated sense of ego from reddit updoots. Every serious lefty I know IRL failed out of their college math courses and switched to some bullshit degree

>>49291643
why not just print 1000000 trillion and give it away to the poor, wallah, problem solved

>>49294971
I know. It's a shame. What is your point?

>>49294971
>>muh gommunism
>>muh socialism
Yes. Both of these things are bad.
>you live in a socialist country.
I know.
>your tax dollars fund defense contractors. your tax dollars fund sub-livable wages paid by our largest and richest corporations (walmart, amazon, etc.) in the form of welfare, section 8, and EBT subsidies for its workers. your tax dollars funded trillions of dollars of bank bailouts in 2008. your tax dollars funded trillions of dollars of paycheck protection plan bailouts in 2020-2021. your tax dollars subsidize every large business in this fake and gay country that begs for job creator tax cut gibs. your tax dollars subsidize the farmers who produce the high fructose corn syrup and the hormone-laden saline balloon "meat" that you consume every day. your tax dollars are funneled into private industry jew scams by the trillions every year. privatively run prisons. privately run retirement homes. privately run hospitals that collect hundreds of thousands of dollars per medicaid and medicare recipient.
You're half right about some of this stuff but you need more education.
Stop listening to leftists.

>>49292914
>he thinks niggers are putting stickers on gas pumps
Niggers are out shooting one another retard. It's the everyday blue collar american putting those stickers out and you are seething. Cope NIGGER

>>49294155
The difference is that in WWII a guy would show up to your stove factory or whatever and tell you that you're making guns for x$/gun, and if you refuse then you get arrested.
The F-35 project was run by a large circle of people who never intended for the plane to be useful. Their goal was personal profit through the abuse of government contracts. The government is good at making demands, but shit at negotiation with private industry.

>>49296030
>The difference is that in WWII a guy would show up to your stove factory or whatever and tell you that you're making guns for x$/gun, and if you refuse then you get arrested.
Yes and this was much more efficient(in terms of fighting a war) then having the government produce these things directly.
>The F-35 project was run by a large circle of people who never intended for the plane to be useful. Their goal was personal profit through the abuse of government contracts.
It's almost as if government is terrible at allocating resources.
Profit has nothing to do with this. You might as well blame gravity for planes falling out of the sky.
Profit without government intervention works just fine.

>>49296344
The free market is an autistic and sociopathic optimization engine and would gladly turn the whole planet into paperclips if somehow that made stock prices go up. Without a strong guide, corporations will work against the best interests of a functional society, and continually merge until it's just an oligarchy with a different name. Government intervention is critical to keep a market stable and working towards the interests of the people rather than just using the people as cattle.
The US government failed at this task a long time ago and has since been coopted, but that doesn't mean the task is impossible.

>>49293178
CONSTITUTIONAL LIBERTARIAN MONARCHY

>>49292994
SORRY YOU DONT UNDERSTAND SHIT. YOU are the reason why democracy was a mistake.

>>49296573
>The free market is an autistic and sociopathic optimization engine and would gladly turn the whole planet into paperclips if somehow that made stock prices go up.
You base this on absolutely nothing but your feelings and propaganda you've been fed.
Fucking embarrassing.
>Without a strong guide,
Why can't people guide themselves?
The government doesn't guide anything, it just controls things for it's own sociopathic gain and makes things worse.
>corporations will work against the best interests of a functional society
Businesses are based on voluntary trade which is by definition in line with individual interests and thus society.
Why do you think you get to decide what is best for society rather than people themselves?
>and continually merge until it's just an oligarchy
lmao the monopoly/cartel/oligarchy myth has been refuted a million times and never worked in reality. Stop believing whatever you are force fed in government indoctrination centers.
>Government intervention is critical to keep a market stable
Then why do we constantly have recessions and depression due to government intervention like central banking?
>people as cattle.
You advocate this though. You want us working paycheck to paycheck struggling to survive just to boost stock prices.
You support central banking.

>>49296717
based

>>49296829
Pinochet was a neolib though. Used fiat. Happy to not be on his side.

>>49296983
I agree but it scares commies so I like to post him.

>>49296799
>>and continually merge until it's just an oligarchy
>lmao the monopoly/cartel/oligarchy myth has been refuted a million times and never worked in reality. Stop believing whatever you are force fed in government indoctrination centers.
To add to this, make him realize that corps push for more regulation to push out, intentionally or not, competition.

>>49292633
>If you were to confiscate $6 trillion in private funds from billionaires, they would need to sell all of those assets. You would crash all of those markets and send governments into insolvency.

Based

>>49292914
Holy shit Capitalist bootlickers absolutely ethered

>>49297151
>Capitalist bootlickers
Oh no, I have higher living standards because the market is more free, the horror!!!

>>49297151
All of your communist utopias now are market economies. Stay mad.

>>49295445
For all their raving about capitalism, nobody has less of an idea how capitalism actually works than armchair socialists. The accumulation of capital leads to increased production which leads to a general increase in wealth. Suddenly pulling trillions of dollars of capital out of the economy and squandering it in the hands of government will cause an almost instant recession with massive layoffs and price hikes. And, by the way, it will be the middle class that eats the shit sandwich, as usual.

>>49291643
I’m willing to bet that mark has an amazon prime account, washington post subscription and was drinking starbucks when he made that big brained post

>>49297526
why don't people understand this?
it's so simple
why does most of the population believe in magic?

This is how retarded leftists are.

>>49291643
I'm all for purging them, I don't care about wealth redistribution though, I just think they've gutted this fucking planet

>>49292027
I love how he says ''that's how much we can seize'. Ah yea, just gunna use your army of trannies to persuade the billionaires to give it up, then the trannies are going to fix world hunger and climate change, not spend it all on further mutilating their penises, becoming the Michael Jacksons of Trannies

>>49292027
That's the yearly revenue of the US government. Why don't they demand the US feds do something? Always stealing the riches money instead of discussing why the gov is so incompetent.

>>49291643
>if we just make billionaires be "socially responsible" and "pay their fair share" we can solve all our problems
this is what liberals believe (unironically)