Re:Why the government took home prices out of its main infla...
by imtringued on Saturday May 28, 2022 @07:56AM
(#31539606)
Housing is an investment, you're not meant to live in it. Money is also an investment, you're not supposed to use it as a medium of exchange.
Go kneel and beg in front of the owners of capital and land. Your concerns will be ignored.
You think this is psychotic? I doubt that, I can guarantee that secretly you are thinking the same thing. You would rather see yourself and everyone else around you suffer, for a chance to become one of the corrupted yourself.
The "working class" does not derive anything from interest and capital gains. It pays more in that it could possibly get back. It is in its collective interest to abolish all rent seeking and let capital yields and profits shrink to 0% as perfect market theory predicts.
But no, everyone wants to start their own feudal little dynasty. Eternally passing our obligation to work for them to their descendants, despite the fact that we won't be alive when those descendants are alive, forcing us to pass the debt onto our own descendants.
Go kneel and beg in front of the owners of capital and land. Your concerns will be ignored.
You think this is psychotic? I doubt that, I can guarantee that secretly you are thinking the same thing. You would rather see yourself and everyone else around you suffer, for a chance to become one of the corrupted yourself.
The "working class" does not derive anything from interest and capital gains. It pays more in that it could possibly get back. It is in its collective interest to abolish all rent seeking and let capital yields and profits shrink to 0% as perfect market theory predicts.
But no, everyone wants to start their own feudal little dynasty. Eternally passing our obligation to work for them to their descendants, despite the fact that we won't be alive when those descendants are alive, forcing us to pass the debt onto our own descendants.