Comment on We all know this happens everyday.

• Shardikprime@lemmy.world ⁨1⁩ ⁨year⁩ ago

  I create software. Its not farm work nor is it physical but I can assure you I produce deliverables.

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  • afraid_of_zombies@lemmy.world ⁨1⁩ ⁨year⁩ ago

    Whoosh

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• preasket@lemy.lol ⁨1⁩ ⁨year⁩ ago

  It’s a way more generic word than you might think

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  • afraid_of_zombies@lemmy.world ⁨1⁩ ⁨year⁩ ago

    True, kinda like being “all natural”.

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• c0mbatbag3l@lemmy.world ⁨1⁩ ⁨year⁩ ago

  produce /prə-doo͞s′, -dyoo͞s′, prō-/

  intransitive verb To bring forth; yield. “a plant that produces pink flowers.” To create by physical or mental effort. “produce a tapestry; produce a poem.” To manufacture. “factories that produce cars and trucks.”

  Sounds like the word fits just fine. The investment firm “brings forth” the investment opportunity that someone without financial advisors and millions to invest needs to get into real estate through eREITs. That opportunity wouldn’t exist without them providing the service of connecting investors with and managing funds for the investments.

  I believe in the classic Homer Simpson line this covers the “services” portion of “money can be exchanged for goods and services.”

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  • afraid_of_zombies@lemmy.world ⁨1⁩ ⁨year⁩ ago

    Gotcha mortgage backed securities

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    • c0mbatbag3l@lemmy.world ⁨1⁩ ⁨year⁩ ago

      Nothing ever goes wrong with those.

      You must never leave your house in case a meteor falls from the sky, of drive because car accidents have occurred. Right? If something can go wrong or has the potential to be abused we should just never do it.

      Whenever people like you actually come up with an alternative solution to make large scale infrastructure projects happen without investors you let me know, until then stop dragging down the collective IQ of the thread.

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      • SolarMech@slrpnk.net ⁨1⁩ ⁨year⁩ ago

        Right? If something can go wrong or has the potential to be abused we should just never do it.

        I mean you could at least acknowledge that he meant the 2008 crisis, and not act like he’s a complete idiot. You should very much expect people to be wary of those after that.

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      • afraid_of_zombies@lemmy.world ⁨1⁩ ⁨year⁩ ago

        So freaken boring. Which are you? The welfare wall street type my tax dollars bailed out in 2008 or the welfare wall street type my tax dollars will bail out in the near future?

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