Wealth Extraction
Posted: Sat Jan 19, 2019 9:52 am
Avoid giving money to giant multinationals. They already have enough money. Instead, find ways to get money from them.
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Re: Wealth Extraction
Posted: Sat Jan 19, 2019 10:01 am
Like eating them and grabbing all their cash?
Re: Wealth Extraction
Posted: Sat Jan 19, 2019 10:05 am
I'm pretty good at not giving money but I'm not as good at getting money. Could you give some practical examples?
Re: Wealth Extraction
Posted: Sat Jan 19, 2019 1:06 pm
i will pay you $10 if you'll give me $20
Re: Wealth Extraction
Posted: Tue Jan 29, 2019 2:29 pm
Buy more GT.
Re: Wealth Extraction
Posted: Thu Feb 07, 2019 1:04 am
Stocks that pay dividends
Working for a giant multinational
Selling stuff to businesses
Selling luxury goods
Working for a giant multinational
Selling stuff to businesses
Selling luxury goods
Re: Wealth Extraction
Posted: Fri Apr 12, 2019 7:03 pm
well colette was the only person who understood math/economics; and he's banned now; so IDK what you expect us to do.
Re: Wealth Extraction
Posted: Sat Apr 13, 2019 5:06 pm
Re: Wealth Extraction
Posted: Sat Apr 13, 2019 7:27 pm
Teacher: "Well Peter, some people think that the slave trade from Africa was kind of a big deal."
Re: Wealth Extraction
Posted: Mon Apr 15, 2019 4:49 pm
your mom
Re: Wealth Extraction
Posted: Tue Apr 16, 2019 8:27 am
Re: Wealth Extraction
Posted: Tue Apr 16, 2019 3:13 pm
Re: Wealth Extraction
Posted: Wed Apr 17, 2019 9:58 am
Oh I mean removing money from them via whatever they pay you means some of their wealth got put back into the economy. Via tax avoidance and shit like the only real payouts most companies make are to suppliers, employees, and utilities. None of that is going to go to small businesses except possibly the money given to the employees. If I get paid say 30k and I manage to put 20k of that back into local small joints or other individuals they're able to also spend some of that locally and so forth maybe 10k of what I spent ends up local once again. When money hits to coffers of a giant multinational it usually gets stuck, that's the problem, there's low liquidity for the average person.
If I give exxon $30 to fill my car up that $30 is just going to sit in a bank account and add to Exxon's bottom line before being paid as a dividend to a shareholder billionaire and then sit in his bank acct for like years and years. Money spent local is going to change hands a few times usually before it goes back to the multinational. $30 spent on food at the farmers market will probably have $20 paid to workers and maybe they get $10 to someone else small... that $30 became $60 because it was used more than once.
If I give exxon $30 to fill my car up that $30 is just going to sit in a bank account and add to Exxon's bottom line before being paid as a dividend to a shareholder billionaire and then sit in his bank acct for like years and years. Money spent local is going to change hands a few times usually before it goes back to the multinational. $30 spent on food at the farmers market will probably have $20 paid to workers and maybe they get $10 to someone else small... that $30 became $60 because it was used more than once.
Re: Wealth Extraction
Posted: Wed Apr 17, 2019 4:28 pm
Sooo... kill the billionaires and anyone who would inherit their money?
Re: Wealth Extraction
Posted: Wed Apr 17, 2019 7:02 pm
liberty prime is angered by your anti capitalist propaganda
