Nima Alkhorshid talking with Richard Wolff and Michael Hudson
My comment:
I'm bored of listening to economists. All they talk about is fiat currency and mismanaged national economies. The problem is not something you can solve within the system that produced it, because the system needs these problems: that's how people make more money. What we have to do is start a parallel economy in which the existing fiat currencies have no value, otherwise the vast amounts of currency that now exist will always be able to subvert any such attempt. The question is, how do we set up this parallel economy in such a way as to avoid it becomig like the corrupt mess to which we are trying to make an alternative? But it seems as if economists only know this central bank/MMT nonsense. So how can we do this without the help of any economists?
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My comments:
Yes, it's f___ed up everywhere! I think it's a consequence of nearly 20 years of unbridled money-printing. There is now a stratospheric layer of funny money and a bunch of muggles struggling to get by, but who find themselves forced to use the same currency that flows around way out of their reach in the trillions per day. I'm surprised Google need such big buildings. Most of what they do seems to be managing outsourced work done by people in India and wherever else they get it.
But seriously, do corps like Microsoft, Google and Meta run/invest in venture capital funds as anti-competitiive strategy? It wouldn't surprise me. I had a friend who was doing interesting stuff with ISO/IEC standards in the 90s and he got bought out by Microsoft. He ended up working there for the most of the remainder of his career. He's probably retired now.
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Maybe the George Clooney of finance can help? Or is he also just the nobody of nothing?
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Tech stocks are propping up the US stock market 2:07:
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In Canada they still burn women at the stake. Poor Julie, this was her first day back at work after pushing out another baby!
My comment:
Great to see you back at work! ❤️😂 Why not do a sketch about a woman whose facebook recommendations, and those of her friends and family, go nuts when facebook gets hold of transcripts of her therapy sessions? Maybe with your serial whatchamacallit friend,...
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