Comment by irishcoffee
2 days ago
It’s not. It’s really not. I’m sure you’re familiar with people borrowing against their wealth to avoid taxes. That’s where this fictional money exists.
2 days ago
It’s not. It’s really not. I’m sure you’re familiar with people borrowing against their wealth to avoid taxes. That’s where this fictional money exists.
All fiat is fiction. I was a bit glib in my other comment, but fundamentally there is only energy interactions, and there is no free energy.
GDP/hour can increase and HAS increased drastically.
GDP isn't real champ, try again.
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It isn't anymore fictional than stock dividends just allocated differently.
Wealthy people are wealthy because of their stock portfolios. If they liquidate that, everything collapses.
The money isn’t real, and I think you do understand that.
You don't seem to know what dividends are. Dividends are x dollars for every share you own that the company gives you that come from the company profits. As a worked example Larry Ellison owns 1.16 billion shares of Oracle. Oracle has paid a total of $1.50 per share in dividends so far in 2026. That is $1.74 billion of liquid cash flowing into Ellison's pocket while Oracle fires tens of thousands of people. Please stop talking if you don't understand what you are talking about.
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