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Originally posted by SatoriTheory
I just happen to see the world we live in for what it really is. I am willing to be blunt about what we humans are currently like. We don't know who we are because we are too concerned with the material world. Got to have the latest pointless iToys, 3DTVs, flash cars, designer clothes.
Originally posted by davidgrouchy
If you want to live in a materialistic world, fine, but if you do, then you shouldn't really complain about the 'filthy rich'. You can't have one without the other.
st.
What do [color=gold] I want?
Thanks for asking.
what would it be like if the Elite weren't hoarding money?
Originally posted by eldard
Hey, irrational people make the world go round. Let them spend, spend, spend money they don't have on things they don't need to impress people they don't like. People like that made possible the iPhone coming into existence.
Originally posted by SearchLightsInc
I found it amusing that in your pictures, you still refer to "class"
Vitchilo
Worldwatcher (super moderator)
"Timing is everything, had this happened earlier,
our oil friends would have been in big trouble too,
but it happened after the oil markets closed, coincidence..
Originally posted by davidgrouchy
Originally posted by SearchLightsInc
I found it amusing that in your pictures, you still refer to "class"
I'm glad someone noticed.
Or at least, noticed enough to say something.
Yes.
Isn't it interesting,
that in a country that used to pride itself
on being a "classless society" how pages,
and many heart felt perspectives can go by
without a single person pointing out the obvious flaw.
Congradulations.
Star for you.
David Grouchy
Originally posted by davidgrouchy
This is why we have all these bubbles and crashes.
It's a cheep and predatory way to snap up intelectual property rights.
You don't think a single person working at YouTube actually invented
the streaming video protocols that they use do you?
Originally posted by Kaiuk
reply to post by Ghost375
Sigh... really now?
The elite so called hoarding money has the effect of improving the value that each dollar can buy. If they dumped all of their money into the system, it would effectively decrease the Purchasing Power Parrody of each dollar. I know this is fact, because i have seen "simulations" of it done before. This hoarding of wealth has happened in video games before. Usually unlike the real world, players in video games will quit eventually. Sometimes, the uber rich chose to delete their accounts with all money still in the bank if you will. This deflated the economy. However, when the players effectively gave away their massive sums of cash, it meant that it cost more to buy basic items in game while the "salaries" of players (money they got from directly interacting with the game) remained the same, making each dollar worth less.
Originally posted by eldard
Originally posted by davidgrouchy
This is why we have all these bubbles and crashes.
It's a cheep and predatory way to snap up intelectual property rights.
You don't think a single person working at YouTube actually invented
the streaming video protocols that they use do you?
Considering that Adobe owns the flash player used by Youtube, no. And Google is yet to recoup the $1.6 billion they (over) paid for the video sharing site.
People who don't know about economics should really just stop talking out of their arses. If I invent something, I won't give it for free. I'll try to earn millions or even billions from it.