RE: I Wish This Was A Joke
January 23, 2015 at 11:03 am
(This post was last modified: January 23, 2015 at 11:06 am by Davka.)
(January 22, 2015 at 7:08 pm)Heywood Wrote:(January 22, 2015 at 6:17 pm)Davka Wrote: If you honestly don't believe that Gates has billions of dollars at his disposal, or that those dollars are somehow "not resources," then you are a moron.
If those zeros are transferred to someone else's ledger, that someone else can go to the store and buy food. They can buy beer. They can buy a car.
Just because most money is numbers in computers these days doesn't mean it's not "real." I buy stuff with zeros all the time. I rarely use cash - most everything is plastic, allowing zeros to be transferred from my bank's computer to the store's bank's computer.
Yeah....dummy....if you borrow money from a bank you might be using some of Bill Gates billions of dollars. If he isn't using those dollars, and you aren't using those dollars.....someone else is. And if Bill Gates has taken those billions of dollars out of circulation by stuffing them under his mattress, well that just makes all the other dollars in circulation worth a little bit more while his are out of circulation. It would be like he gave everyone in the world a small interest free loan which is called when he pulls those dollars out from under his mattress and puts them back into circulation. There is absolutely nothing Bill can do that prevents other people from using his monetary resources when he isn't using them. He only has control over real wealth like cars, homes, etc that he hordes. Guess what....he doesn't horde enough real stuff to make a difference in the lives of everyone else.
Money is just a tool humans use to exchange goods and services. If the Bill and Melinda Gates Foundation buys a water well drilling rig and sends it from Kansas to sub sarahan africa....more water wells will be produced in Africa but less water wells will be produced in Kansas. The Africans are better off at the expense of the Kansans. On the whole is the world really better off?
Wanting to take Bill Gate's money and give it to the people you choose is simply you deciding that things would be better if resources were allocated based on your whim or opinion instead of letting the market allocate resources. Taking money away from Bill Gates does not magically produce more stuff. It is only a "resource" in the sense that it a tool used to facilitate barter.
Your comprehension of how money works is equal to your comprehension of how reality works.
(January 22, 2015 at 9:04 pm)Heywood Wrote:Wealth = power.(January 22, 2015 at 8:34 pm)Parkers Tan Wrote: Actually, if the bank has loaned his money out, they still have to give it back to him when he demands it. It is still his money, because money is fungible. If I borrow a ten-spot from you, I don't have to clear my debt using the same ten-dollar bill.
This is why your point is not convincing.
Money represents the power to buy something. Controlling half the world's money means controlling half the world's purchasing power, and that is power whether or not you choose to recognize it.
Power is one thing, real wealth is another. I thought we were talking about wealth but if you want to talk about power for a minute that is fine. The rich have always had the power....nothing new here. Some of you guys are talking like the rich are hording all the stuff which makes life pleasant(like food, shelter, and clothing) and another Bastille Day is coming. Such claims are utter bull shit peddled by soothsayers in an attempt to influence your vote. The fact that you allow yourself to be manipulated so easily gives people more power over you than numbers in a ledger ever have.
Let me ask you this: Do you think the rich are wielding more power today than they were 100 years ago?
(January 22, 2015 at 9:10 pm)Chad32 Wrote: This sounds like an article from The Onion.
That's because it's satire.