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SirCheeseAlot OP t1_izno0vt wrote

Reply to comment by [deleted] in What makes one product cheap junk that breaks in a week and another that lasts a lifetime? by SirCheeseAlot

True. Capitalism inevitably leads to all the assets being funneled into fewer and fewer hands.

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tristanasbreuk t1_izo2gzp wrote

Capitalism and socialism both have great and stupid ideas

I'm preferring centrism, wiping away the stupid ideas and making more out of the great ideas

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[deleted] t1_iznot3r wrote

Money as debt isn't capitalism ... Money as debt is more like a very devious ponzi scheme, rewarding those close to the money spigot, while draining everyone else.

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SirCheeseAlot OP t1_iznp6yk wrote

Fair point, but whatever dodad people use. Shells, debt, gold or whatever, the system still leads to the same place.

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[deleted] t1_iznqih6 wrote

Not really ... the reason we produce crap, is because people grow more desperate to generate enough money for interest payments and to keep up with inflation.

If we traded via gold for instance, there would be no pressure for financial growth. On the contrary, everyone would save, because gold would just grow more and more valuable over time, as we can't print more gold. Deflation.

Anyway ... the current system is about to end ... and I guess WW3 is the chosen excuse by our elite.

So, duck and cover :(

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SirCheeseAlot OP t1_iznra0f wrote

I personally dont see gold being able to stop the accumulation of wealth at the top, but we will have to agree to disagree.

I do agree the current system is breaking down.

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tristanasbreuk t1_izo2xkp wrote

Yes, especially some countries in western europe beating up farmers, the Dutch and Belgium farmers have it even worse than the rest

Kinda useless fact, but france cares for their farmers, britain... kinda. Germany? Don't really know what to say about them

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TheJackal927 t1_izo5qlg wrote

We could also just mine more gold (not infinitely I know but more than we have). And given the state of the economy where 97% of the money is fake, what's to stop the rich from just digitizing gold too? We wouldnt need to physically get more gold just like we don't need to physically print more money for there to be more of it

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