Comment on Imagine if Amazon and all jobs out there were cooperatively owned?
Donkter@lemmy.world 21 hours agoThen the stocks shouldn’t be worth that much and the man shouldn’t be able to spend like he has $92 billion
Comment on Imagine if Amazon and all jobs out there were cooperatively owned?
Donkter@lemmy.world 21 hours agoThen the stocks shouldn’t be worth that much and the man shouldn’t be able to spend like he has $92 billion
finitebanjo@lemmy.world 16 hours ago
Stocks aren’t the exception, if a massive amount of USD holdings were sold off it would also plummet in value.
Its basic Supply and Demand.
ExploitedAmerican@lemmy.world 16 hours ago
Usd has plummeted in value though and those in control of the economic system have manipulated it to hide this reality. For instance Inflation statistics are calculated by the world bank and IMF using Consumer price index which is extremely flawed mostly because CPI does not account for the 2 primary driving forces of inflation… the increase in circulating currency supply and leveraged national debt. So they are feeding us highly skewed inflation numbers to prevent the workers from rioting/ fomenting a revolution so their passive income faucet keeps flowing.
Saying that “It Doesn’t Work that way” is just highlighting the reality that the entire system is rigged and set up to benefit those in control over those doing the actual labor and creating the profit
finitebanjo@lemmy.world 8 hours ago
This might seem like an odd question, but whats your opinion of NATO?