Comment on Court blocks the FCC's efforts to restore net neutrality... again
JasonDJ@lemmy.zip 3 months agoI’m sorry do you have any understanding of how the economy works at scale?
A fundamental part of it is that money has to move. Lots of money that sits is really, really bad.
That’s where investment comes in. Big projects come in (beit R&D, or production, or expansion) and they cost more to start than there is in cash reserves. You could consider a loan an investment as well. And that would be the same, making the bankers the investors (this also applies to mortgages and any other consumer loan).
They must, otherwise companies taking on multi-million dollar projects would have to have more multi-millions sitting dormant in cash reserves. And at the scale of global economies, that is a bad thing.
NegativeInf@lemmy.world 3 months ago
Pour it into your products and services. Not buying your competition. Research, develop, PAY YOUR FUCKING EMPLOYEES.
You know what moves money around the economy better than handing one asshole 10 million from the wallet of another asshole? Giving your employees enough money to live on, enough money so that they are secure and happy to work, have kids, have a life. Regular people spend their money.
Private equity is just dragons hoarding wealth in the form of businesses rather than literal coin.
Boot lick harder.