Post
Topic
Board Economics
Re: Best way to make America bankrupt?
by
Broly46
on 03/01/2019, 15:27:17 UTC
Quote
I'm sorry. But this "99% is for the rich" argument doesn't make any sense. Most of them are wealthy simply because they deserve it and worked hard for it in the first place.
I have no problem to the people who work hard for it. But the facts are most of them are born in a rich family and they are not even need to work for it when they came to this world, and the same cycle repeat for many generations to come, I'm going to see my next 20 generations to be poor AF like me. Because it is a cycle that's bound to repeat itself. And yes, those born in a rich family are some of the few who control 99% of the money in the world, that's why majority are poor because they are unlucky and born poor.

Quote
There's always competition. If making a successful business is easy, then there would no be employees. Hence I said that you need to be smart and make smart decisions. If you think you're smart enough to be rich, then work for it! If not, then probably study and or gain experience for you to be smart enough. That's just it. If you're not willing to put in the work, then all you're going to do in life is to complain, while the others work hard to attain their goals.

The fed have QE 1 in 2009 to 2010, QE 2 in 2011 to 2012, QE 3 in 2012 to 2015, that is a lot of money created into the market, that is a lot of money creation, but the result of QE are making the rich get richer, and I didn't get anything from that QE, not even a single penny, it is same for all the other poor people, so I believe all the created money from the QE goes into the people who born in a rich family and they didn't work for it. The guy who work the hardest get nothing from the QE!