I don't know what the solution is, maybe crypto.

[Anonymous No.55805163]

I know you guys like to kid and all, but if we don't regulate big business & billionaires specifically things are going to continue to spiral out of control
These guys are robbing real wealth in broad daylight and are tricking you into loving it

btw if you actually read Adam smith
>bank regulation is crucial
>workers should unionize
>businesspeople often “deceived and oppressed” the public
>any political proposal business ppl make should be viewed with the utmost suspicion.

[Anonymous No.55805173]

>>55805163
>things are going to continue to spiral out of control
Nigger do you live under a rock??? We past the point of no return long ago

[Anonymous No.55805193]

>>55805163
According to this study
>https://www.rand.org/pubs/working_papers/WRA516-1.html#:~:text=From%201975%20to%202018%2C%20the,and%20also%20by%20demographic%20group.

If corporations had remained in check in the 70s, the wealth effect experienced by the boomers would have been the same for younger generations

[Anonymous No.55805211]

>>55805173
Not necessarily.
Crypto answers the software side of the equation, you'd just need the hardware to defeat the beast

[Anonymous No.55805486]

>>55805163
No shit, we're all collectively stalking the development of the only solution to end scams across the board. This is a Chainlink board after all. Get with the program or go back to re ddit.

[Anonymous No.55806086]

>>55805163
all regulatory agencies are captured by big boi interests, its not a bug its a feature
that is one of the building blocks of our current society where private ownership has orders of magnitude more money/wealth than government bureaucrats
how d ofuck do you expect barely middleclass in urban centers wagies to be non corruptable
money is the basis of all power, everywhere and everywhen right now we just all agree to keep up the charades that elected officials wield real power as a way to placate the masses
protip soon they will do away with even the theater of this

any regulations made will only exist to entrench the current elite against any incumbent as it always was and always shall be

[Anonymous No.55806094]

>>55805163
>regulate big business and billionaires
Ah yes, let's just ask the oligarchy to regulate itself and to share more. If we all vote we can definitely let them know that that's what we'd like to do!

[Anonymous No.55806102]

>>55806094
my ID is an anagram of "GG Fukker" so you know it is true

[Anonymous No.55806129]

>let's give more power to the oligarchs, I'm sure that'll solve the problem!
You will always be a slave as long as you wear their chain of fiat around your neck.

1) Hard money forces positive sum activity as everything has to balance.
2) Hard money fell out of favor for transactional not economic reasons during the industrial revolution.
3) Politics always favors soft money because it enables easy and opaque theft.

Social spending acts as a supply-side subsidy for labor, a worker CAN'T sell their labor for less than subsistence, but what happens if we give them food stamps, subsided housing, Medicaid? Now they can sell their labor for less than it costs to produce!

How were those social programs paid for? Deficit spending. Deficit spending is an expansion of the money supply (simple dilution), it robs ALL income earners and gives to asset holders (as an increase in money supply will naturally inflate assets), a HUGE and on going parasitic transfer of resources from income earners to oligarchs, THIS is the driving force of the wage/productivity divergence seen since the 60s.

Notice that this also suppresses incomes of higher paid workers by convincing them the nominal gains on house value is wealth instead of inflation, why boomer dominated fields get paid so poorly, $60k seems like a lot if you bought 30 or 40 years ago, but you haven't gotten wealthy, your real terms income has just drilled through the mantle.

Even illegal immigration, seen as a driver of wage stagnation, is merely a justification for further debasement, or do you think the goblins come here for our magic clay and not our social welfare spending?

There are no political solutions, and not in the poltard "violence is the answer" as violence is of course wholly political, there are no political solutions because politics is a memetic parasite that never fixes anything. There are only technical and economic solutions, and BTC is just that, a technical fix for the political corruption of Money.

[Anonymous No.55806225]

>>55806129
we never said lets give more power to oligarchs
we said .gov regulations are the most terrible tool to address the problem
per your own post btc is one of the most effective tools to counter our current problem because an incorruptible no counter party self stored money solves a lot of our mess
now did we need any regulations to bring btc in existence or expand it
no quite the opposite the current crop of bureaucrats and regulators are doing their very best to strangle the space, funny how that happens lol
protip they'll lose