Submitted by PossessionStandard42 t3_11tuevi in technology
bdsee t1_jcni24i wrote
Reply to comment by Forsaken_Ad6559 in Peter Thiel says he had $50M in SVB when it collapsed. by PossessionStandard42
Even worse, that's why we don't have to pay as much tax for the money our money makes for us as you have to pay for the money your sweat makes for you.
I mean usury was considered immoral at one point, working for koney never was.
Forsaken_Ad6559 t1_jcnic9l wrote
Don't get me started on what a con game the financial system as a whole is. The entire purpose of modern finance is to keep labor productivity high and wages low. Every policy is crafted expertly to disadvantage people who work and prevent people in the bottom 50% from climbing out.
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