@moffintosh @dcc
> because the capital owners control it anyway

Do you mean......

@moffintosh @dcc
Government is the literal capital owners. They print the money.

@LukeAlmighty @dcc Money is but a token of exchange value. They can double the supply of money but the value behind it doesn't, hence inflation

@moffintosh @dcc
Yes. Economists call it inflation tax, because with inflation, you literally steal the value of EVERYONE at once.

If you one day happen to own 1/2 of money supply because you printed it, it doesn't matter that the number needed was high. You still own half of total value. And you can do that again any day you want, if you have enough paper :D

@LukeAlmighty @dcc There is also the fact that money is but a form of capital, a liquid one. Capital can also be non-liquid, like a building or machines in a factory

@moffintosh @dcc
I studied a university of economics. I get that. But you still seem to ignore, that one party has an access to unlimited money supply, while others have to just sit and eat inflation instead.

@LukeAlmighty I know that. And you seem to ignore that periods of volutary inflation caused by money printing have a class character to them. It's not a case that the new money orinted in this manner is immediatly given to large financial institutions, to subsidize those institutions and the capitalist class through them to try prevent the falling rate of profit to cause a crisis

@moffintosh
I will grant you, that the distribution has "SOME" class structure, but to say, that

> It's not a case that the new money orinted in this manner is immediatly given to large financial institutions

Is just false.

First, it is given to "large institutions". Full stop. Banks are just one of the least moral ones.

Also, you have to distinguish between comertial banks and central banks. Comertial banks are just assholes. But the problem is, that they are directly supported by the central bank (read moneyprinter), that makes them literally unable to go bankrupt, as long as they follow the mafia.

@LukeAlmighty @dcc Capitalism has nonracial character, expecially in the last 40 years

@moffintosh @dcc
The worst thing about racism is, that it doesn't matter how non-racist you are, as long as the others don't see you as part of their group.

And the jews in the government do see themselves as part of Israel more, then part of the country they rule over.

@LukeAlmighty

You seem to assume that it's limited to jews and motivated by racial interests, skipping over the fact that this is done to keep israel aligned with the US/west, which in turn is done to keep a guard on middle estern contries selling their oil in anything else than US dollars. This keeps the demand for US dollars high which allows the country to run on massive deficits and keep financing it's capitalist class

@moffintosh
> You seem to assume that it's limited to jews and motivated by racial interests

"motivated by racial interests"
YES

"limited to jews"
Who owns the money printers?

@LukeAlmighty

skipping over the fact that this is done to keep israel aligned with the US/west, which in turn is done to keep a guard on middle estern contries selling their oil in anything else than US dollars. This keeps the demand for US dollars high which allows the country to run on massive deficits and keep financing it's capitalist class

@moffintosh
Also:
> allows the country to run on massive deficits and keep financing it's capitalist class

And that is exactly the issue. Deficit is a different word for money printing. Because the deficit is towards the central bank. (That is a word play made to hide the fact, that the central banks are direct cause of inflation)

@moffintosh
If there was no money printing, the economy would look quite different :D

@LukeAlmighty

That is a word play made to hide the fact, that the central banks are A direct cause of inflation

If there was no money printing, the economy would look quite different :D

The boom 'n' bust cicle would be more accentuated, just give a look to history prior the global abandonment of the gold standard.
Voluntary infkation with money printing is but a bandage on the falling rate of profit

@moffintosh
Yes.
And I say, that is is prefferable to all of my money being taken away through the inflation.

@LukeAlmighty That doesn't solve the problem with capitalism though😂

@moffintosh
There are many problems with capitalism. My favorite is the focus on short term profits over sustainability for share holders.

A share that jumps 50 percent one year and then drops to 0 is a great 1 year investment. But a horrible way of running a buisiness.

All I'm asking is for you to consider the destruction that is caused by siphoning the value straight out of your pocket by people who don't give a shit about you... without any conscent or benefit to you.

@moffintosh
As far, as I understand your side, the problem with capitalism is, that people with money can force you to give them your money through bad trade conditions.

But a money printer is this problem on steroids. They steal value of your money.... even without any need for your agreement.

@LukeAlmighty

As far, as I understand your side, the problem with capitalism is, that people with money can force you to give them your money through bad trade conditions.

That is... partial.
In a small summary: production is a social activity yet the fruits of labor are for only the owners, market instability blows up the economy periodically destroying livelyhoods of millions, labor rights are in antithesis to the economic system, the moneyed get to control the government and state and use it for their own interests, skrew the majority of the population, it consumes the environment driving us closer to a climate catastrophe (which will send my extended family's homes underwater, destroy the economy and cause millions of refugees), alienation from one's job, consumerism, wars to control foreign markets and resources, fragmentation of community and society and so on and so forth...

But a money printer is this problem on steroids. They steal value of your money.... even without any need for your agreement.

Using a Beretta instead of a Lock, they already didn't have my permission, the difference is minuscule.

@moffintosh
> production is a social activity yet the fruits of labor are for only the owners

I have no idea where did this come from.

@LukeAlmighty Marxian short for "production of commodities, in it's complex, requires the participation of a vast number of people who have to cooperate across firms to produce a final product that will be then sold to the consumer. Despite this being a social activity, as it requires the collaboration and dialogue of many, the ones who reap the benefits and have the legal right to decide when, how or what to produce and the conditions of labor are a small circle of owners who at best only contribute in small part to produce a commodity"

@moffintosh
That sounds like an inconvenience at most.

@moffintosh
If I got partial ownership of the company, my ability to vote would contribute 0,0002 percent of decision power.
As of now, it's 0...

I am really not trying to be smug, but do you SERIOUSLY care about 0.0002%? Is that the issue for you?

@LukeAlmighty It's less about the single me and more about the workers as a whole. Everyone prefers to work less and less hard for example, something which goes in direct contrast with the interest of the owners.
Plus, in a democratic workplace, if your proposals are popular enough and you aren't completely incompetent you can always run for management or the administration board.
Common interests shared by the workers emerge and can then be implemented.

@moffintosh
> Plus, in a democratic workplace, if your proposals are popular enough and you aren't completely incompetent you can always run for management or the administration board.

I am there tp work, not to be a politician.

> It's less about the single me and more about the workers as a whole.

Why do you assime, that I have anything in comon with the retards I work with?

@moffintosh
The employer cares about ME personally, because I gave a huge part of my life trying to be useful.

HR Karren cares about her dog more then about my life.

We are not the same, and I want her to have her have as little of an effect on my ability to earn a living as possible.

I can talk to my boss. I cannot talk to 500 feminist retards.

@LukeAlmighty Falling rate of profit https://sciencetheory.net/falling-rate-of-profit-18th-19th-century