this post was submitted on 20 Aug 2023
1047 points (81.2% liked)

Memes

45754 readers
1521 users here now

Rules:

  1. Be civil and nice.
  2. Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago
MODERATORS
gary_host_laptop@lemmy.ml
sexy_peach@feddit.de
cyclohexane@lemmy.ml
cypherpunks@lemmy.ml
1047
Lemmy might, MIGHT have a small bias towards the left (lemm.ee)
submitted 1 year ago by Kidplayer_666@lemm.ee to c/memes@lemmy.ml
1758 comments fedilink hide all child comments
 
you are viewing a single comment's thread
view the rest of the comments
[–] GuilhermePelayo@slrpnk.net 4 points 1 year ago* (last edited 1 year ago)

Markets don’t “create wealth”. People’s work creates wealth. Banks don’t create wealth, they create debt and allow more money to go into circulation than actually exists.

I think the world would make a giant leap forward if we could all agree on this. Sad thing is that finance basically exist to muddy the waters of what value is. (EDITED, incorrect formating)