Hmmm . . . as a lump sum the market would then react and everything would cost 1 million dollars. Money isn’t real. Food, Land, and property are.
I think money’s value is directly tied to its velocity of trade vs the scarcity of the item it’s being traded for.
However
IMO: What you are owed is 500,000$ worth of government services per person. The costs of things like public education, infrastructure, healthcare , social security and other social services should be covered by this.
IMO: What you are owed is 500,000$ worth of government services per person. The costs of things like public education, infrastructure, healthcare , social security and other social services should be covered by this.
I wish the loudest, stupidest segment of our population, that is, the small sliver that somehow has taken us all hostage, could understand these kinds of concepts. I wish we had an opposition party that knew how to frame these ideas in ways that the stupid segment could understand.
… Of networth. Given that we’re taking about the wealth of the US, most of which is NOT cash, assuming the post-redistribution would be all in cash is ridiculous.
You would need some kind of Thanos “money gem” to make that happen. Most of this “wealth” is tied up in a vast network of investments and in other countries and in defense budgets and so on.
The point is to tell you that you’re owed more for your labor than barely making it each day. If we all worked together and pooled and distributed our efforts, we would have that American Dream of being able to afford a house on a single job before you turn 80.
Upvote to the moon. Lots of leftists seem to intellectually understand that money is a fiction that’s sometimes useful, but are bad at putting that into practice.
I’ll stick my neck out on something here: this includes donating to individual people in Gaza, even if they’re coming to you from a verified source on Blue Sky. Yes, a kilo of flour might cost $600. Giving someone $600 to buy flour might feed that family, but there’s some other family who isn’t getting that flour. You’re just choosing who starves today. The fundamental issue is that there isn’t enough flour or any other food. There is no way to solve that by donating to individuals. It can only be solved by telling the government of Israel to go fuck itself.
It can only be solved by telling the government of Israel to go fuck itself.
I wrote them a strongly worded email. Is it solved now?
I get the general point you’re making. But you’re not even recommending the money be spent on something else that will help. We can do both things. If you are going to donate money because you have spare and want to help, and then don’t on the basis you’re choosing who starves, you’re still just making an additional family starve.
I dunno. I haven’t thought too much about this. Convince me why it’s not better to try to enact change and donate money at the same time.
“Tell Israel to go fuck itself” in a broad sense. Yes, donating money to a cause that directly tells Israel to go fuck itself, in something more than a strongly worded letter, is worthwhile.
Hmmm . . . as a lump sum the market would then react and everything would cost 1 million dollars. Money isn’t real. Food, Land, and property are.
I think money’s value is directly tied to its velocity of trade vs the scarcity of the item it’s being traded for.
However
IMO: What you are owed is 500,000$ worth of government services per person. The costs of things like public education, infrastructure, healthcare , social security and other social services should be covered by this.
This is what they want to take from you.
I wish the loudest, stupidest segment of our population, that is, the small sliver that somehow has taken us all hostage, could understand these kinds of concepts. I wish we had an opposition party that knew how to frame these ideas in ways that the stupid segment could understand.
No one said it would be 500k in money/cash. It could very well be real estate, gold, shares, bonds, or a mix thereof.
I assumed it was cash by “each couple would have a million dollars”.
… Of networth. Given that we’re taking about the wealth of the US, most of which is NOT cash, assuming the post-redistribution would be all in cash is ridiculous.
You would need some kind of Thanos “money gem” to make that happen. Most of this “wealth” is tied up in a vast network of investments and in other countries and in defense budgets and so on.
The point is to tell you that you’re owed more for your labor than barely making it each day. If we all worked together and pooled and distributed our efforts, we would have that American Dream of being able to afford a house on a single job before you turn 80.
Upvote to the moon. Lots of leftists seem to intellectually understand that money is a fiction that’s sometimes useful, but are bad at putting that into practice.
I’ll stick my neck out on something here: this includes donating to individual people in Gaza, even if they’re coming to you from a verified source on Blue Sky. Yes, a kilo of flour might cost $600. Giving someone $600 to buy flour might feed that family, but there’s some other family who isn’t getting that flour. You’re just choosing who starves today. The fundamental issue is that there isn’t enough flour or any other food. There is no way to solve that by donating to individuals. It can only be solved by telling the government of Israel to go fuck itself.
I wrote them a strongly worded email. Is it solved now?
I get the general point you’re making. But you’re not even recommending the money be spent on something else that will help. We can do both things. If you are going to donate money because you have spare and want to help, and then don’t on the basis you’re choosing who starves, you’re still just making an additional family starve.
I dunno. I haven’t thought too much about this. Convince me why it’s not better to try to enact change and donate money at the same time.
“Tell Israel to go fuck itself” in a broad sense. Yes, donating money to a cause that directly tells Israel to go fuck itself, in something more than a strongly worded letter, is worthwhile.
Your definition is pretty close to theory.
V_{T} M = P T
V_{T} is the velocity of money for all transactions in a given time frame;
P is the price level;
T is the amount of transactions occurring in a given time frame;
M is the total nominal amount of money in circulation on average in the economy