@dad_prg@RetroRacing Agreed. I'm not so sure they have the power to unmake it, though - since that might make things harder for the people with the most access to (new) money 🤷
@dad_prg@RetroRacing Agreed but I don't think voters/polititians have much power over money creation (QE) - at least not anymore.
I think that's decided by the central banks and their global "apolitical" organization in Basel (BIS) 🤔
https://t.co/hjkLgohxLN
@dad_prg@RetroRacing Owning has always been the most effective way to earn more money than what your own work hours are worth - owning is how you make money from rent, from other perple's work. That's what drives the economy, I think
Do you think that the government has enough power to change that?
@dad_prg@RetroRacing I think the way "the economy" works will keep most people from getting less poor 🤔
It does help entrepreneurs who can get funding from investors immensely!
Actually I think it already makes "the cake" bigger very effectively. There is so much more money now than in the 90s
@dad_prg@RetroRacing Not sure precisely
Perhaps sth could make many more people safer - less stressed out 🤔
'Course you'd never be able to gather that kind of money for that kind of purpose in the first place
Let's hope AI at least helps solve the many problems we humans create amongst ourselves.
@dad_prg@RetroRacing Always good to learn stuff!
Not sure if the resources spent on AI globally is worth it compared to what we could have gotten instead for that astronomical "investment" - but there are definitely many people getting something out of it.