Author Topic: Monetary Wealth  (Read 3628 times)

guest5

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Re: Monetary Wealth
« Reply #15 on: January 28, 2021, 01:36:34 pm »
Jordan Belfort: GameStop frenzy a 'modified pump and dump'
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"Wolf of Wall Street" author Jordan Belfort discusses GameStop's stock surge and what it means for Wall Street investors.
https://www.youtube.com/watch?v=0E5Xt6n9zWI

Bankers Melting Down Over Reddit GameStop Scheme
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Rich men are crying again, this time over being outwitted by Reddit.
https://www.youtube.com/watch?v=cnDa4JfjJyQ

Reddit Games Wall Street: It’s Like ‘Occupy Wall Street With Money’
https://www.youtube.com/watch?v=OlYXg3mIfpQ


rp

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Re: Monetary Wealth
« Reply #16 on: January 28, 2021, 09:41:11 pm »
The redditors are ignoble, as they do not really hate the hedge funders, but merely envy them. They say their intention is to "democratize" monetary wealth, which I would say is accurate.
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Killthebank

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Re: Monetary Wealth
« Reply #17 on: January 28, 2021, 11:42:53 pm »
I do agree that Wall Street is just a casino where certain members get a competitive advantage and anybody playing their game is risking getting fleeced. However, I've been reading a lot of posts of people saying that they have purchased GameStop shares at inflated prices of $100+ and will hold on to them until the hedge funds go under. Are they telling the truth or will the temptation to cash out be too difficult to resist?

Robin Hood (the trading app) has prevented people from buying those shares. This exposes a huge conflict of interest and favoring of the rich and should be illegal. Any action or non-action by the federal government will clearly show what side their bread is buttered on. The MSM is villainizing the "reddit it's" so it's clear who they work for.
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guest5

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Re: Monetary Wealth
« Reply #18 on: January 31, 2021, 12:53:06 am »
“You will own nothing, and you will be happy”? | The Great Reset
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This week, the World Economic Forum reprised its annual meeting, albeit virtually, organised around “The Great Reset,” its effort to rethink the global economy. How do we separate the various conspiracy theories associated with the WEF from the genuinely dangerous ideas lurking beneath its stated agenda?
https://www.youtube.com/watch?v=mD-ioJM8v64

Nation States are not businesses and we're already witnessing what happens to them when you try to run them as such. Just because you have money does not make you a great statesmen. Many of those attending Davos are self-deluded, self-entitled, ignoble morons. They think they are important people because they can make some calculations here and there and they have money....

This is what happens when you make idiots famous.

Deglobalization, Dedollarization, Depopulation w/ Max Keiser - Fed Watch 38
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In this episode of Bitcoin Magazine’s “Fed Watch,” Christian Keroles and Ansel Lindner are back with an interview of the great Max Keiser. You do not want to miss this one!

 Kaiser is famous for his eclectic behavior, loud outbursts and incredibly successful investing career. This one started off with getting to know Keiser's background prior to Bitcoin. We try to answer the question: What was it that made him so receptive and able to understand Bitcoin almost immediately in its early days?

In true Max Keiser form, within the first five minutes, he fleshed out the very big picture stuff, placing Bitcoin into a narrative of human evolution and as a technology that's redefining civilization. That is where we typically end our episodes, but Keiser beat us to the punch.

We spent the rest of the show trying to drill down from that very broad civilizational brush, down to specific macro topics. Keiser can cover a lot of ground in a two- to three-minute response to a question — things we touched on along the way were the metaphysical revolution of bitcoin, inflation versus deflation, China, China versus the U.S., and of course, more about how Bitcoin fits into the future. One of the most interesting topics was Keiser's three Ds: deglobalization, dedollarization and depopulation. He spent a good amount of time going into each and laid out a cohesive view of the future. A bulk of the episode was discussing what 2021 has in store and where we are in a process toward his view of the future.

This is a very thought-provoking episode. It gives even the most **** Bitcoin experts food for thought, while giving beginners a window to the bottom level of the bitcoin rabbit hole. The listener is left with the impression that Bitcoin is more than a simple piece of software, it is human-changing technology.

This was a very fun episode. It not only tries to answer questions about specific macroeconomic issues, but also opens up minds to the potential that Bitcoin offers for solving these issues.

Thanks for listening. Make sure to visit our Sponsor stacks2.com and find our new RSS feed!

For more compelling video content from Bitcoin's original publication, subscribe and turn on notifications for the Bitcoin Magazine YouTube channel.
https://www.youtube.com/watch?v=EYeBr_37p5s&feature=emb_title

guest5

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Re: Monetary Wealth
« Reply #19 on: January 31, 2021, 11:17:28 pm »
(This is 2 years old.) Why is anyone still listening to these people? I suspect most billionaires don't even have a workable ideology for this world other than a few catchy slogans and fantasies? The fact that some of them want to 'depopulate' just for 'profit' is an excellent indicator of this. The fact that 'profit' is still what's most important to these Judaic-Westerners also let's us know that most of them are probably ignoble people when all is said and done. Do you really believe ignoble people should have any say what happens on this planet? Paying taxes is not going to make these people suddenly noble either is it? Let them keep their money and strip them of any power they may have whatsoever and never ever put a microphone infront of their faces ever again. The fact that so many Western 'business' people believe you can run a nation-state like a business also let's us know these people need to be kept away from the mechanisms of a nation-state as much as possible. Be gone pests!!!

How a Historian Nailed Billionaires for Their Greed at Davos
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Historian Rutger Bregman told a room full of billionaires at the Davos World Economic Forum 2019 that they need to step up and pay their fair share of taxes.
https://www.youtube.com/watch?v=paaen3b44XY

NO, SERIOUSLY, BE GONE PESTS!!!!

Tucker Carlson Blows Up at Rutger Bregman in Unaired Fox News Interview
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Fox News refused to air this full interview with historian Rutger Bregman after Fox News host Tucker Carlson lost his temper, calling his guest a 'tiny brain...moron' during the interview.
https://www.youtube.com/watch?v=6_nFI2Zb7qE

Of course, these assholes aren't going to leave us alone are they?

guest5

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Re: Monetary Wealth
« Reply #20 on: February 05, 2021, 11:36:47 pm »
GOP Hypocrisy on Debt and Deficit
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Republicans added $7.8T to the deficit under Trump — but now that Biden has asked for coronavirus relief, the GOP is suddenly concerned about bURdeNinG tHe eCoNomY.
https://www.youtube.com/watch?v=weBxVlKKyMk

guest5

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Re: Monetary Wealth
« Reply #21 on: February 17, 2021, 04:42:38 pm »
In jail for being in debt
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You committed no crime, but an officer is knocking on your door. More Minnesotans are surprised to find themselves being locked up over debts.
https://www.startribune.com/in-jail-for-being-in-debt/95692619/

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Compound interest was once regarded as the worst kind of usury and was severely condemned by Roman law and the common laws of many other countries.[6]

The Florentine merchant Francesco Balducci Pegolotti provided a table of compound interest in his book Pratica della mercatura of about 1340. It gives the interest on 100 lire, for rates from 1% to 8%, for up to 20 years.[7] The Summa de arithmetica of Luca Pacioli (1494) gives the Rule of 72, stating that to find the number of years for an investment at compound interest to double, one should divide the interest rate into 72.

Richard Witt's book Arithmeticall Questions, published in 1613, was a landmark in the history of compound interest. It was wholly devoted to the subject (previously called anatocism), whereas previous writers had usually treated compound interest briefly in just one chapter in a mathematical textbook. Witt's book gave tables based on 10% (the then maximum rate of interest allowable on loans) and on other rates for different purposes, such as the valuation of property leases. Witt was a London mathematical practitioner and his book is notable for its clarity of expression, depth of insight and accuracy of calculation, with 124 worked examples.[8][9]

Jacob Bernoulli discovered the constant e {\displaystyle e} e in 1683 by studying a question about compound interest.

In the 19th century, and possibly earlier, Persian merchants used a slightly modified linear Taylor approximation to the monthly payment formula that could be computed easily in their heads.[10]
https://en.wikipedia.org/wiki/Compound_interest

guest5

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Re: Monetary Wealth
« Reply #22 on: February 17, 2021, 09:32:00 pm »
Monopoly Was Invented to Take on Capitalism
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More than 100 years later, how does the iconic board game compare to its original version?
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The game’s little-known inventor, Elizabeth Magie, would no doubt have made herself go directly to jail if she’d lived to know just how influential today’s twisted version of her game has turned out to be. Why? Because it encourages its players to celebrate exactly the opposite values to those she intended to champion.
https://getpocket.com/explore/item/monopoly-was-invented-to-demonstrate-the-evils-of-capitalism?utm_source=pocket-newtab


guest5

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Re: Monetary Wealth
« Reply #23 on: February 20, 2021, 03:42:00 pm »
The Great Reset: Bill Gates & Farming - WHAT'S GOING ON?
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Indian farmers are protesting over new laws that could leave them at the mercy of giant corporations, while Big Tech companies are capturing their data. With Facebook and Bill Gates involved, what does it mean for you?
https://www.youtube.com/watch?v=fg0c2x74mgU

The Indian lady that's being interviewed will make you do a facepalm, she manages to blame "Nazi Germany" for India's problems, but I think Russell's point about humans needing to "return to a more simple and slower life" is a good one.

guest5

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Re: Monetary Wealth
« Reply #24 on: February 21, 2021, 02:30:43 pm »
Yanis Varoufakis: Capitalism has become 'techno-feudalism'
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A recent Oxfam study found that since the start of the coronavirus pandemic, the world’s richest 10 billionaires have seen a wealth increase of half a trillion dollars – enough to pay for every person on the planet to get a vaccine.

In this UpFront special, Marc Lamont Hill discusses with economist and former Greek Finance Minister Yanis Varoufakis what is driving the staggering wealth inequalities and how governments are offering socialism for the rich, and austerity for the rest.
https://www.youtube.com/watch?v=_jW0xUmUaUc

guest5

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Re: Monetary Wealth
« Reply #25 on: March 03, 2021, 08:00:09 pm »
One California City Ran A Universal Basic Income Experiment. Employment Rates Went Up
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Former Mayor of Stockton, California, Michael Tubbs, joins Katy Tur with the findings from his two-year UBI experiment.
https://www.youtube.com/watch?v=ttTcNVyTgVg

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Less than 1% of the money went to alcohol and tobacco....

guest5

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Re: Monetary Wealth
« Reply #26 on: March 06, 2021, 09:46:48 pm »
Electricity needed to mine bitcoin is more than used by 'entire countries'
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Bitcoin mining – the process in which a bitcoin is awarded to a computer that solves a complex series of algorithm – is a deeply energy intensive process
https://www.theguardian.com/technology/2021/feb/27/bitcoin-mining-electricity-use-environmental-impact?utm_source=pocket-newtab

rp

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Re: Monetary Wealth
« Reply #27 on: March 16, 2021, 01:50:04 am »

guest5

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Re: Monetary Wealth
« Reply #28 on: March 18, 2021, 09:45:49 pm »
Tim O’Brien: Trump ‘Binged On Debt Like It’s A Buffet Meal’
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Bloomberg Opinion senior columnist Tim O’Brien analyzes the pressure on Trump’s businesses, his history of overpromising, and how the insurrection has impacted his brand.
https://www.youtube.com/watch?v=ztycVK4T6t4

acc9

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再: 貨幣財富
« Reply #29 on: April 11, 2021, 04:33:05 am »
https://www.standardmedia.co.ke/asia/article/2001409154/china-fines-alibaba-sh295-billion


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Chinese regulators said on Saturday they have fined Alibaba Group Holding Ltd a domestic record $2.75 billion (Ksh295 billion) for antitrust violations, amid an unprecedented regulatory crackdown on Jack Ma’s company and other technology conglomerates.

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“The fine bill is a milestone and road sign with great importance,” Shi Jianzhong wrote in state-backed Economic Times.

“It indicates that the antitrust law enforcement on internet platforms has entered a new era, and released clear policy signal.”


I think this is not only just a signal for the local Chinese tech magnates but also a warning to potential western/foreign investors on how closely the Central Government is watching private enterprises so they would be careful not to overstep the red line of government policies that aim to safeguard the interests of Chinese people/economy.

Do back away if you want to profit by partnering with local enterprises to do business that might corrupt this system of socialist government with Chinese characteristics!