Submitted by PossessionStandard42 t3_11tuevi in technology
ThirdFloorGreg t1_jcpe2rg wrote
Reply to comment by puckmama1010 in Peter Thiel says he had $50M in SVB when it collapsed. by PossessionStandard42
Investement stimulates economic activity. As a super simple example, it can make it possible to start a business without already having the necessary capital. The alternative to investing money is simply hoarding it, which benefits no one but the person who has it. Money really only exists when it is in motion, and investment keeps it in motion. I'm sorry the world isn't as simple as you would like it to be.
puckmama1010 t1_jcr35t2 wrote
It’s not about simple. It’s about favoritism. You guys all act like we are stupid. We are not. We are tired of the “these guys help you” routine. Guess what? Everyone that took on college debt so your investments can succeed deserve equal treatment by the folks in DC that decide who gets bailed out
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