The current US economic system is a scam created and maintained to endlessly siphon money out of the middle class. I worked in investment banking, currently work in private equity, and was born into the top 0.1%.
AMA - I have only the purest intentions. I am a Texan/American first, and a capitalist second. The people are being robbed blind.
>endlessly siphon money out of the middle class
money is a social construct.
at best it's siphoning work from the middle class. Their money is worth more to them than it is to the rich, but then you can't have capitalism without inequality.
or maybe I should ask you, you're the expert....
can you have capitalism without inequality?
No, you cannot. Utopia is unobtainable. However, capitalism is the lesser evil because competition forces companies to increasingly better themselves. Enforcing antitrust laws is paramount. This is not being done, and innovation will die.
>"Unfunded government liabilities"
No such thing.
>Non-Monetary commodities
As opposed to a "Monetary commodity"? There's no such thing.
>Gold
lmao
I'm gonna go ahead and swing you straight onto gold, thoughts about gold's future and it's role in the restructuring of the massive global debt
Unless the next words out of your mouth are a pragmatic and easy to follow process on how any of us can profit from your knowledge GET THE FUCK OFF MY Veeky Forums!
So all of you know your are stupid right?
Do you have in depth knowledge of trading, or did you work on something else?
this is why people should buy bitcoins. the future of value transfer
except when bots do all the work :D
Are you a conspiracy theorist who blames everything on debt and inflation and thinks the "size" of the derivatives market proves it is a giant speculative bubble?
>AMA - I have only the purest intentions
"You can trust me! Let me tell you some things..."
This sounds like a go back to /pol/ moment.
That's a nice hypothetical scenario you got there. It would be a shame if someone were to... test it.
Your math Is fucked.
saw this exact post on /pol/ last night.
is this our new pasta?
>lesser evil
Are you implying that there are only two options?
Expanding and deregulating the derivative market sure worked well for us in 2008
livin off oil royalties as well? what senpai?
>>"Unfunded government liabilities"
>No such thing.
google is your friend.
it isn't bad if the loan is used to further production capability
and that's a big fucking if
>the people are being robbed blind
exactly at what point in history has the middle class been better off than now, and that question includes all the time a middle class never existed
>exactly at what point in history has the middle class been better off than now, and that question includes all the time a middle class never existed
It's all a game of smantics now.
An american "middle class" is upper class to the rest of the world.
And american living in "poverty" still has access to food, water, shelter, and resources that 70% of the world doesn't have.
I've seen way too many Niggers in my soup kitchen lines wearing $200 air jordans, giant gold chains, talking on their iPhones, to think that American "poverty" is anything like real poverty the world faces.
Hows PE compared to IB?
No way in hell I'm going to listen to anyone who was too stupid to not use the line tool.
They need an IQ check for this board.