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A comment on Dow plunges 1000 points. Parent comment

Re:Dow plunges 1000 points by gibybo on Monday February 05, 2018 @05:07PM (#16312678)
Those assets only produce income because of the current working population. This isn't strictly required of course, but it has been the case for a long time and is likely to remain mostly true for the foreseeable future.
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Re:Dow plunges 1000 points by bduerst on Monday February 05, 2018 @05:13PM (#16312728)
This is some strange, broad descriptive logic that makes me think you just want to give credit to the working population for retirees. You could make similar claims about consumers or infrastructure being required for assets to make income, or any other facet of an economy.

It doesn't make any of it like a ponzi scheme.

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Re:Dow plunges 1000 points by gibybo on Monday February 05, 2018 @10:05PM (#16314145)
Eh I don't think it's a ponzi scheme, I'm just defending that it does have an important property in common: new participants pay for old ones.
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Re:Dow plunges 1000 points by quickthrower2 on Monday February 05, 2018 @07:41PM (#16313569)
Can't wait for post-scarcity. We need something to replace money. Not bitcoin, more something like community asset management.
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