(November 29, 2019 at 7:48 am)notimportant1234 Wrote:

(November 29, 2019 at 6:37 am)Dmitry1983 Wrote: By moving to North Korea. Prosperity and equality are mutually exclusive.

Rich don't hoard wealth, they manage it. If every liberal had billion dollars they all would go broke in 10 years.

If everybody had billions of dollars then they will  be the same as they are now, because the billions will lose all the value they have now. 
Maybe you wanted to say that if we would all produce soo much that it will look like we have billions of dollars, in which case you couldn't lose them. As a matter of fact, in that situation we wouldn't be speaking about money anymore.

Wealth redistribution will cause destruction of society's net wealth. Average guy knows nothing about capital management

(November 29, 2019 at 8:16 am)Dmitry1983 Wrote:

(November 29, 2019 at 7:48 am)notimportant1234 Wrote: If everybody had billions of dollars then they will  be the same as they are now, because the billions will lose all the value they have now. 
Maybe you wanted to say that if we would all produce soo much that it will look like we have billions of dollars, in which case you couldn't lose them. As a matter of fact, in that situation we wouldn't be speaking about money anymore.

Wealth redistribution will cause destruction of society's net wealth. Average guy knows nothing about capital management

Sure, after 16 hours of programming Gates was adding an extra 2 of capital management. You can happily swallow the "management" pill.

(November 29, 2019 at 8:16 am)Dmitry1983 Wrote:

(November 29, 2019 at 7:48 am)notimportant1234 Wrote: If everybody had billions of dollars then they will  be the same as they are now, because the billions will lose all the value they have now. 
Maybe you wanted to say that if we would all produce soo much that it will look like we have billions of dollars, in which case you couldn't lose them. As a matter of fact, in that situation we wouldn't be speaking about money anymore.

Wealth redistribution will cause destruction of society's net wealth. Average guy knows nothing about capital management

Every single business transaction that's occurred since Og traded his best stick for Ug's berries has been an instance of wealth redistribution.

We seem to be doing OK so far.

Boru

(November 29, 2019 at 8:27 am)notimportant1234 Wrote:

(November 29, 2019 at 8:16 am)Dmitry1983 Wrote: Wealth redistribution will cause destruction of society's net wealth. Average guy knows nothing about capital management

Sure, after 16 hours of programming Gates was adding an extra 2 of capital management. You can happily swallow the "management" pill.

If you are so good at capital management then go to bank, borrow unlimited money at near 0% interest and make 30%/year like Warren Buffet.

(November 29, 2019 at 8:33 am)Dmitry1983 Wrote:

(November 29, 2019 at 8:27 am)notimportant1234 Wrote: Sure, after 16 hours of programming Gates was adding an extra 2 of capital management. You can happily swallow the "management" pill.

If you are so good at capital management then go to bank, borrow unlimited money at near 0% interest and make 30%/year like Warren Buffet.

Warren Buffet, the guy that proved that investing in the overall economy is the simplest and best way to go.

(November 29, 2019 at 7:48 am)notimportant1234 Wrote:

(November 29, 2019 at 6:36 am)BrokenQuill92 Wrote: I’m in no way advocating for any sort or eugenic solution. Providing for child once it here should be a given. That’s not my point. I being below the poverty line myself am simply baffled at people who get pregnant and think it’s a fun or good thing when they can barely feed themselves. I simply think it’s selfish and illogical. And for those going about human sex drives there’s vibrators and flesh lights and fingers. I don’t know maybe I simply have more self control? But seriously the thought of being poor while pregnant is horrifying to me. And I truthfully think that if you didn’t want get pregnant you’d take lots of precautions. Personally not only did I when I had my first lover at 22, switch from the pill to an implant, but we both stocked up on condoms, spermicide, and mugwort tea. I’m determined to finish school and went to every precaution to prevent any accidents. And if we ran short for affording anything we put physical distance between the two of us, because there’s also phone sex and FaceTime.

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It s hard to believe that you are under the poverty line given that you have the time to debate such things with us and you can afford to. Not to say that you spoke about spending 7 bucks on a condom pack like it was an expense that you could easily afford if you cut down on other disposable expenses. 
The kind of poor that you are speaking would need subsidized birth control.

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(November 29, 2019 at 6:37 am)Dmitry1983 Wrote: By moving to North Korea. Prosperity and equality are mutually exclusive.

Rich don't hoard wealth, they manage it. If every liberal had billion dollars they all would go broke in 10 years.

If everybody had billions of dollars then they will be the same as they are now, because the billions will lose all the value they have now. 
Maybe you wanted to say that if we would all produce soo much that it will look like we have billions of dollars, in which case you couldn't lose them. As a matter of fact, in that situation we wouldn't be speaking about money anymore.

I have subsidized birth control, and when you’re a disabled student it’s near impossible to work and go to school at the same time. Anyways yeah even the very impoverished have a tiny bit of spending money. 30$ to myself a month isn’t much, and like I said I could either buy junk food/go to a matenee or contraceptives.

(November 29, 2019 at 8:36 am)notimportant1234 Wrote:

(November 29, 2019 at 8:33 am)Dmitry1983 Wrote: If you are so good at capital management then go to bank, borrow unlimited money at near 0% interest and make 30%/year like Warren Buffet.

Warren Buffet, the guy that proved that investing in the overall economy is the simplest and best way to go.

Why aren't you a billionaire like Buffet?

(November 29, 2019 at 8:45 am)Dmitry1983 Wrote:

(November 29, 2019 at 8:36 am)notimportant1234 Wrote: Warren Buffet, the guy that proved that investing in the overall economy is the simplest and best way to go.

Why aren't you a billionaire like Buffet?

How do you know he's not?

Boru

(November 29, 2019 at 8:45 am)Dmitry1983 Wrote:

(November 29, 2019 at 8:36 am)notimportant1234 Wrote: Warren Buffet, the guy that proved that investing in the overall economy is the simplest and best way to go.

Why aren't you a billionaire like Buffet?

It is irrelevant if I am a billionaire or not. You have to prove that this magical thing called "capital management" is the recipe for succes (not innovation, expectional talent and luck).

"Harry's Chocolate Shop" across the street from Purdue. Fiery-eyed bolshies tell us all how to fix the world. Some shit never changes.