That's just a different way to say "they passively skim off the surplus value of other people's labor".
You can't have everyone building up savings in a monetary system, nor can everyone have capital gains. One person's capital gains are another person's lost value, and if you try to stretch how many people fit into the creditor category, you get inflation and just end up diluting the whole thing.
For both ideological and material reasons, this group is heavily invested in capitalism, and you'd need to break down both of these reasons to win them over.
You can’t have everyone building up savings in a monetary system, nor can everyone have capital gains. One person’s capital gains are another person’s lost value
:big-bill: Every dollar someone earns without working, is a dollar someone worked for and didn't get
More than just that, all currencies (and most money-commodities) derive their utility directly from their scarcity. If they become less scarce, all of a sudden you can't trade in them quite as well.
That's just a different way to say "they passively skim off the surplus value of other people's labor".
You can't have everyone building up savings in a monetary system, nor can everyone have capital gains. One person's capital gains are another person's lost value, and if you try to stretch how many people fit into the creditor category, you get inflation and just end up diluting the whole thing.
For both ideological and material reasons, this group is heavily invested in capitalism, and you'd need to break down both of these reasons to win them over.
:big-bill: Every dollar someone earns without working, is a dollar someone worked for and didn't get
deleted by creator
Bill Bill fucking slaps for these quick and easily digestible quotes
More than just that, all currencies (and most money-commodities) derive their utility directly from their scarcity. If they become less scarce, all of a sudden you can't trade in them quite as well.