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note1thnus...
gojiberra profile picture
Just made me realize. If ones investments are getting "yield" there is someone else who the yield is coming from.

The dollar comes in two flavors: One is just dollars, the other is in a savings account and gets "yield".

How tricky is that that
Some people have the non yieldy kind.
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gojiberra · 2d
If China came out with a CBDC that gave minute by minute yield on an app with a video of robots working in the background , I bet Americans would buy it just to watch ch the number go up on the screen
Wasted Potential · 2d
Yield is just someone’s else’s work or time or life taken away in the form of loan. If they pay, it’s theirs. If they don’t, it’s a part of everyone’s.
Toxic Bitcoiner · 2d
No. https://mises.org/library/book/middle-road-leads-socialism
gojiberra profile picture
Ok,maybe you're right. I Read the excerpt below and it makes sense, even a little bit is not a good thing.

But I just talked to a couple people in a hostel, one on a pension, and a young climbing instructor. Both were on tight budgets and seemed to think unrealized capital gains for billionaires was the way to cut the head off of the beast and solve inequality in one go.

"the capitalists and entrepreneurs on the one hand and the wage earners on the other hand, are arguing about the distribution of the yield of capital and entrepreneurial activities. Both parties are claiming the whole cake for themselves. Now, suggest these mediators, let us make peace by splitting the disputed value equally between the two classes. The State as an impartial arbiter should interfere, and should curb the greed of the capitalists and assign a part of the profits to the working classes. Thus it will be possible to dethrone the moloch capitalism without enthroning the moloch of totalitarian socialism."
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Toxic Bitcoiner · 2d
https://image.nostr.build/b63e434cc2b2de06d3006ea8a65743218a6c2e7146926a19fbfaf3095a274b5e.jpg
Toxic Bitcoiner · 2d
No. https://mises.org/library/book/middle-road-leads-socialism
Laeserin · 3d
Probably. But that means the same applies to the Republicans, while they were out of office. Which is not unlikely. I was hoping Catholicism would moderate political views, but Republican Catholics s...
gojiberra profile picture
There seems to be a boomer/younger divide happening in the TV versus Tucker/Megyn/Candace YouTube-verse. Glenn Beck is in there somewhere.

Younger folks like Baron Coleman. jesse on Fire are Catholic and in Candace's corner.

A lot of boomers are just totally hoodwinked by the news. Others by the church they go to especially if their pastors are from Liberty University. It's quite an amazing psyop of Centralized religious education that resulted in ideological capture that serves political agendas.

Convincing them to change their mind is like convincing them to buy Bitcoin.



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Laeserin · 2d
Younger people are mostly Independents, I think, so that matches the polling. Although the youngest Republicans tend MAGA, right? I'm (still) a registered Republican, but I think that party effectively abandoned my demographic, as soon as Ron Paul retired and Trump won his second national election...
B · 2d
Definitely!