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Posts by darkmarlin92

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The downsides of big banks in Banking, Insurance & Loans ·
Look, this is a forum, right? So I figure I can just drop questions here since I'm still pretty lost on everything. You guys either answer me or you don't. If I totally misunderstood what this place is actually for, my bad.
The downsides of big banks in Banking, Insurance & Loans ·
Richard Lewis16 said:Man, you’re such a total troll... your politics are a mess and your takes on teenagers are even worse 😉

Honestly, this thread should probably just be locked because it's pretty obvious you don't actually care about the question you asked

Just take your nonsense elsewhere, maybe head up to a different sub or something
besides, cannibals are still people, and the people running those camps are people too 😉
why on earth would they have two kids instead of just one 🤷
and why do both of them need a college degree when they could just work a shift at a Ford plant starting at 5 PM like back in the day?

Go ahead and lock this... it's just some frustrated kid who doesn't know anything, just spouting empty demagoguery he read on some random Wikipedia page

Can someone explain interest rates? Is it basically just a bonus paid to a bank for taking the risk of lending money to people or businesses? And are interest rates on savings accounts and loans the same if we look at a long period, like 10 years? For example, a 10-year loan vs. putting money in a 10-year CD?

You're just being contrarian, trying to turn this whole thing into a joke to shut me down. You totally missed the point.
The topic is literally: The Dark Side of Banking. So if all you can do is praise banks, don't spread misinformation just because the topic doesn't fit your narrow view. Let's actually start by figuring out what interest really is.
The downsides of big banks in Banking, Insurance & Loans ·
Richard Lewis16 said:The only person talking nonsense here is you 😉
You watch some mindless movie, get sucked into conspiracy theories, have absolutely no clue what's going on, and now you're posting stuff that has nothing to do with the actual topic...

It's pretty obvious you aren't even interested in what you originally asked, it's just too heavy a subject for you, probably requires reading way too many books

And what exactly was left over from an average salary back in the old days?
Prices were higher, and everyone simply had less to work with 😉
Now, people actually have a lot more purchasing power for the same amount of cash
Except for cars, of course, and even then, whether it was then or now, a car usually costs about ten times a monthly paycheck

Just because you didn't notice something doesn't mean it wasn't happening... there have been people making a living off scrap and recycling for decades, honestly that's where the real money is made

If there weren't those government rebates and incentives, you wouldn't see them digging through the bins nearly as often 😉
Besides, where on earth do you live that there are even trash bins sitting out in the middle of a public square?
I have to admit, I haven't really seen that myself

Wow, look at you, you've read so many books, such incredible information

Why should I even bother worrying about other people? 🤷
I don't care, I look out for myself and the people who actually matter to me

Go ahead, show me your "evidence," I certainly didn't know that
I already know that people missing a few brain cells tend to end up working in certain government institutions

And yeah, among the folks collecting bottles and cans, there are definitely some like that too, which is just a disgrace to the whole country

yeah, like having two kids struggling through college, or grandkids with zero future because they're trying to work their way up but there aren't any jobs left. they're stuck doing whatever they can just to survive, you know? you just live until you die and nobody really gives a damn. no growth, no nothing, everyone just looks the other way. pretty sad
The downsides of big banks in Banking, Insurance & Loans ·
Richard Lewis16 said:The only person talking nonsense here is you 😉
You watch some mindless movie, get sucked into conspiracy theories, have absolutely no clue what's going on, and now you're posting stuff that has nothing to do with the actual topic...

It's pretty obvious you aren't even interested in what you originally asked, it's just too heavy a subject for you, probably requires reading way too many books

And what exactly was left over from an average salary back in the old days?
Prices were higher, and everyone simply had less to work with 😉
Now, people actually have a lot more purchasing power for the same amount of cash
Except for cars, of course, and even then, whether it was then or now, a car usually costs about ten times a monthly paycheck

Just because you didn't notice something doesn't mean it wasn't happening... there have been people making a living off scrap and recycling for decades, honestly that's where the real money is made

If there weren't those government rebates and incentives, you wouldn't see them digging through the bins nearly as often 😉
Besides, where on earth do you live that there are even trash bins sitting out in the middle of a public square?
I have to admit, I haven't really seen that myself

Wow, look at you, you've read so many books, such incredible information

Why should I even bother worrying about other people? 🤷
I don't care, I look out for myself and the people who actually matter to me

Go ahead, show me your "evidence," I certainly didn't know that
I already know that people missing a few brain cells tend to end up working in certain government institutions

And yeah, among the folks collecting bottles and cans, there are definitely some like that too, which is just a disgrace to the whole country

Haha, so now you've got one of those miracles. I guess unless you're some college kid, you gotta work tomorrow, right? Or just sit at home, spend money, do nothing, chill out and not care. mannnn...

Richard Lewis16 said:The only person talking nonsense here is you 😉
You watch some mindless movie, get sucked into conspiracy theories, have absolutely no clue what's going on, and now you're posting stuff that has nothing to do with the actual topic...

It's pretty obvious you aren't even interested in what you originally asked, it's just too heavy a subject for you, probably requires reading way too many books

And what exactly was left over from an average salary back in the old days?
Prices were higher, and everyone simply had less to work with 😉
Now, people actually have a lot more purchasing power for the same amount of cash
Except for cars, of course, and even then, whether it was then or now, a car usually costs about ten times a monthly paycheck

Just because you didn't notice something doesn't mean it wasn't happening... there have been people making a living off scrap and recycling for decades, honestly that's where the real money is made

If there weren't those government rebates and incentives, you wouldn't see them digging through the bins nearly as often 😉
Besides, where on earth do you live that there are even trash bins sitting out in the middle of a public square?
I have to admit, I haven't really seen that myself

Wow, look at you, you've read so many books, such incredible information

Why should I even bother worrying about other people? 🤷
I don't care, I look out for myself and the people who actually matter to me

Go ahead, show me your "evidence," I certainly didn't know that
I already know that people missing a few brain cells tend to end up working in certain government institutions

And yeah, among the folks collecting bottles and cans, there are definitely some like that too, which is just a disgrace to the whole country

Sex work is a perfect business, you know, the money is great...

Richard Lewis16 said:The only person talking nonsense here is you 😉
You watch some mindless movie, get sucked into conspiracy theories, have absolutely no clue what's going on, and now you're posting stuff that has nothing to do with the actual topic...

It's pretty obvious you aren't even interested in what you originally asked, it's just too heavy a subject for you, probably requires reading way too many books

And what exactly was left over from an average salary back in the old days?
Prices were higher, and everyone simply had less to work with 😉
Now, people actually have a lot more purchasing power for the same amount of cash
Except for cars, of course, and even then, whether it was then or now, a car usually costs about ten times a monthly paycheck

Just because you didn't notice something doesn't mean it wasn't happening... there have been people making a living off scrap and recycling for decades, honestly that's where the real money is made

If there weren't those government rebates and incentives, you wouldn't see them digging through the bins nearly as often 😉
Besides, where on earth do you live that there are even trash bins sitting out in the middle of a public square?
I have to admit, I haven't really seen that myself

Wow, look at you, you've read so many books, such incredible information

Why should I even bother worrying about other people? 🤷
I don't care, I look out for myself and the people who actually matter to me

Go ahead, show me your "evidence," I certainly didn't know that
I already know that people missing a few brain cells tend to end up working in certain government institutions

And yeah, among the folks collecting bottles and cans, there are definitely some like that too, which is just a disgrace to the whole country

🤷 that's what makes us human, isn't it?
The downsides of big banks in Banking, Insurance & Loans ·
Richard Lewis16 said:WRONG

It isn't really about the money, it's more about that fundamental human drive to exert influence and feed the ego...
which is just part of being human, I suppose, the way some people naturally dominate while others follow...

if currency didn't exist, we'd just be fighting over rocks, land, or sheer clout (though, wait, looking closer, it seems like those things are still acquired through cash, see how it works... 😬 )

maybe try picking up a few books from different fields once in a while... psychology and biology might help clear things up... 😉

you say there's no manufacturing, but then you claim production is coming from other countries?
so there actually is production after all... 😬
and if there's production, then there are jobs... 😉

I'd also suggest checking out that series, Carlos 😉

I feel like if someone holds that much power, they can't just make huge calls affecting everyone without explaining themselves and getting some kind of buy-in from the public. Capitalism basically lets them get away with it.

Richard Lewis16 said:WRONG

It isn't really about the money, it's more about that fundamental human drive to exert influence and feed the ego...
which is just part of being human, I suppose, the way some people naturally dominate while others follow...

if currency didn't exist, we'd just be fighting over rocks, land, or sheer clout (though, wait, looking closer, it seems like those things are still acquired through cash, see how it works... 😬 )

maybe try picking up a few books from different fields once in a while... psychology and biology might help clear things up... 😉

you say there's no manufacturing, but then you claim production is coming from other countries?
so there actually is production after all... 😬
and if there's production, then there are jobs... 😉

I'd also suggest checking out that series, Carlos 😉

It just shows how broken and toxic the whole system is. Look at the state of things here in the States, people just end up hating each other because they're divided by money and whatever else. Humanity won't last much longer like this. Really hoping for a turnaround soon.

Richard Lewis16 said:WRONG

It isn't really about the money, it's more about that fundamental human drive to exert influence and feed the ego...
which is just part of being human, I suppose, the way some people naturally dominate while others follow...

if currency didn't exist, we'd just be fighting over rocks, land, or sheer clout (though, wait, looking closer, it seems like those things are still acquired through cash, see how it works... 😬 )

maybe try picking up a few books from different fields once in a while... psychology and biology might help clear things up... 😉

you say there's no manufacturing, but then you claim production is coming from other countries?
so there actually is production after all... 😬
and if there's production, then there are jobs... 😉

I'd also suggest checking out that series, Carlos 😉

Man, you guys are so educated and self-aware it's actually wild. Why even talk about books with you economists? You guys quote literature constantly.🤣

Richard Lewis16 said:WRONG

It isn't really about the money, it's more about that fundamental human drive to exert influence and feed the ego...
which is just part of being human, I suppose, the way some people naturally dominate while others follow...

if currency didn't exist, we'd just be fighting over rocks, land, or sheer clout (though, wait, looking closer, it seems like those things are still acquired through cash, see how it works... 😬 )

maybe try picking up a few books from different fields once in a while... psychology and biology might help clear things up... 😉

you say there's no manufacturing, but then you claim production is coming from other countries?
so there actually is production after all... 😬
and if there's production, then there are jobs... 😉

I'd also suggest checking out that series, Carlos 😉

Idk why we wouldn't be making stuff, like cars... maybe open a Ford plant or something. But nah, we can't. Too expensive! Plus, China is a way bigger market than us.🤷
zero jobs though...
The downsides of big banks in Banking, Insurance & Loans ·
Richard Lewis16 said:The idea that Americans are all living on the edge of poverty is just a flat-out nonsense thesis

Most people are actually leading pretty standard lives... I mean, look around, everyone has smartphones, high-speed internet, streaming services—stuff we couldn't even dream of back in the mid-century days
There’s also a much higher diagnosis rate for neurodivergence now compared to then, which honestly just means we're better at identifying it, so things are arguably better😉

If things were truly so golden during the old era, why was everyone trying to flee the country, and why were people constantly sneaking across the border to shop in other places?
Why were there only a handful of bus routes or train trips available?
The national debt was absolutely massive, and that administration was essentially running entirely on credit
It’s pretty clear you don't have much of a grasp on either history or basic economics😬
etc...

It obviously wasn't nearly as great as your nostalgia suggests😉

Maybe grab a history book or some philosophy and give it a read, then you might actually start to wrap your head around it
And let's not forget, they had those rigid seniority systems back then too😉

I don't see what's stopping you from making your own money, really🤷
Clearly, the current system works just fine for the majority who benefit from it, but as for those who are perpetually dissatisfied... well, luckily there are plenty of intentional communities out there where they can go live by their own rules

If FDR lived on credit, we're living on hyper-credit.
Yeah, everyone has a TV, a smartphone, a car: but when you add up all your monthly bills, what’s left from an average American salary? You guys are talking nonsense, watching too many movies like Wall Street and closing your eyes when you walk through downtown, ignoring all the poverty and people scavenging through trash. I doubt it was like this just a few years ago. It's obviously the same in Europe, too. What do you think? I bet some "smart" book tells you to ignore poverty if you want to be a real leader. Hahahaha.🤣
You know it's proven that the world's strongest leaders today are basically brainless when it comes to investing. Why are they so successful? Because instead of brains, they've got balls. And I guess that's what works for you guys. 🤷

Richard Lewis16 said:The idea that Americans are all living on the edge of poverty is just a flat-out nonsense thesis

Most people are actually leading pretty standard lives... I mean, look around, everyone has smartphones, high-speed internet, streaming services—stuff we couldn't even dream of back in the mid-century days
There’s also a much higher diagnosis rate for neurodivergence now compared to then, which honestly just means we're better at identifying it, so things are arguably better😉

If things were truly so golden during the old era, why was everyone trying to flee the country, and why were people constantly sneaking across the border to shop in other places?
Why were there only a handful of bus routes or train trips available?
The national debt was absolutely massive, and that administration was essentially running entirely on credit
It’s pretty clear you don't have much of a grasp on either history or basic economics😬
etc...

It obviously wasn't nearly as great as your nostalgia suggests😉

Maybe grab a history book or some philosophy and give it a read, then you might actually start to wrap your head around it
And let's not forget, they had those rigid seniority systems back then too😉

I don't see what's stopping you from making your own money, really🤷
Clearly, the current system works just fine for the majority who benefit from it, but as for those who are perpetually dissatisfied... well, luckily there are plenty of intentional communities out there where they can go live by their own rules

Yeah, built for our upcoming generations
The downsides of big banks in Banking, Insurance & Loans ·
Amanda Allen4 said:The whole mess of capitalism boils down to "creative destruction" (Schumpeter). Sure, if you follow that logic, capitalism wiped out socialism because it replaced an inferior economic model with a superior one via this "creative destruction." But let’s get real—capitalism isn't all-powerful. The government holds more sway; today, through its monopoly on force and its ability to print money out of thin air for social reasons, the state effectively stunts that "creative destruction" process. In fact, our modern "welfare state" is starting to look more and more like socialism itself.

To all you socialism enthusiasts: don't lose hope just yet—there's still time, and perhaps your moment will come again.

Honestly, the government doesn't control anything anymore. Most countries have zero manufacturing left because we're just flooded with cheap junk from overseas. No production means no jobs, and without jobs, nobody can actually survive in this world.
It makes you wonder why our national debt is so insane. Capitalism wrecked us, handed over our country's resources to corporations on long-term leases, and gutted our economy. And here we are, trying to fix everything by throwing massive amounts of borrowed money at the problem... but it's impossible. Everything is just about the money. You gotta realize that.
The downsides of big banks in Banking, Insurance & Loans ·
JPMorgan Chase rules

Richard Lewis16 said:I honestly see nothing but the upside when it comes to JPMorgan Chase 🤷

whenever I find myself short on cash, I don't have to go around begging friends or family for favors; instead, I just borrow, leverage that capital, and let their money work for me

and when I’ve got a little extra lying around, I’m happy to lend it out and watch those interest payments roll in 😬

Banks are the absolute gold standard

whereas those government-run outfits have already proven themselves... socialism was basically a coma, which is why you don't see it anywhere on the global stage anymore
because people eventually realized it was just an excuse for the lazy to leech off the productive members of society

as for the answer to your question, just spend the day actually learning something... rather than wasting an hour or two on some mindless flick, grab some books (you know, those thick things sitting in the library, if you ask your auntie she'll tell you)

Nesta happened because there's no profit for interest groups—just a handful of people running energy giants and everything else. How could they succeed in a society that’s supposed to be impartial and look out for everyone? They were terrified things would fall apart if one big boss decided to stay neutral and actually favor domestic products over imports. That used to be how economics worked. It was organized politics that made sure both buyers and sellers stayed happy. Now, it’s just a constant grind for the little guy. Who actually lives a normal life anymore? More than half of Americans are living paycheck to paycheck. Why?

Richard Lewis16 said:I honestly see nothing but the upside when it comes to JPMorgan Chase 🤷

whenever I find myself short on cash, I don't have to go around begging friends or family for favors; instead, I just borrow, leverage that capital, and let their money work for me

and when I’ve got a little extra lying around, I’m happy to lend it out and watch those interest payments roll in 😬

Banks are the absolute gold standard

whereas those government-run outfits have already proven themselves... socialism was basically a coma, which is why you don't see it anywhere on the global stage anymore
because people eventually realized it was just an excuse for the lazy to leech off the productive members of society

as for the answer to your question, just spend the day actually learning something... rather than wasting an hour or two on some mindless flick, grab some books (you know, those thick things sitting in the library, if you ask your auntie she'll tell you)

I don't need some book to teach me what's real. Go ahead, read all those books and tell me if any of them say the economy should create this massive gap between the rich and the poor.
The downsides of big banks in Banking, Insurance & Loans ·
Kate Foster12 said:Exactly the opposite—if it’s a state-run entity, it means taxpayers are footing the entire bill. Besides, the benefits and conditions at multinational firms are generally superior. The only catch... you actually have to show up and work.

Why would the government pay for things like water or food supplies? They’d just cover the shipping costs.
What's the point of paying for our own natural resources or energy potential? They won't even pay for the electricity, let alone the raw materials.
Yeah, basically waking up every day just to chase some imaginary dream, selling your brainpower and energy to a system that doesn't even let you break even—it just forces you to give more than you should.
The downsides of big banks in Banking, Insurance & Loans ·
Kate Foster12 said:Did the materials just fall from the sky? Did the costs cover themselves? The state has its own machinery, but look at what the Republican policy of social sensitivity has actually achieved. It’s all well and good when you're hunting for new voters, but when it comes to fixing a budget deficit... it isn't so great. 😉

There wasn't work for anyone. People were leaving in droves for Germany, Switzerland, and other places just to find a decent life.

I wasn't part of that generation either, but I've heard enough. It’s a bit much to talk about the "good old days" when you don't actually have a clue what was really happening back then.

And then we can't do anything because we're buried in debt—we owe something like $45 billion while the whole budget is barely over $100 billion. Imagine that debt growing every single year just because people are borrowing more since they can't even afford the basics anymore, all while the government throws money at nonsense like handball arenas. It's pretty obvious. Debt keeps climbing, and interest payments get higher compared to what our weak economy and country can actually handle.
We should be building up state-owned companies instead of bringing in foreign corporations that don't give a damn about our people.

Kate Foster12 said:Did the materials just fall from the sky? Did the costs cover themselves? The state has its own machinery, but look at what the Republican policy of social sensitivity has actually achieved. It’s all well and good when you're hunting for new voters, but when it comes to fixing a budget deficit... it isn't so great. 😉

There wasn't work for anyone. People were leaving in droves for Germany, Switzerland, and other places just to find a decent life.

I wasn't part of that generation either, but I've heard enough. It’s a bit much to talk about the "good old days" when you don't actually have a clue what was really happening back then.

That's why Americans are one of the most emigrated nations, honestly.

Kate Foster12 said:Did the materials just fall from the sky? Did the costs cover themselves? The state has its own machinery, but look at what the Republican policy of social sensitivity has actually achieved. It’s all well and good when you're hunting for new voters, but when it comes to fixing a budget deficit... it isn't so great. 😉

There wasn't work for anyone. People were leaving in droves for Germany, Switzerland, and other places just to find a decent life.

I wasn't part of that generation either, but I've heard enough. It’s a bit much to talk about the "good old days" when you don't actually have a clue what was really happening back then.

yeah, exactly. that's not the point.
The downsides of big banks in Banking, Insurance & Loans ·
Kate Foster12 said:1. Someone has to foot the bill for that kind of support.
2. Those jobs were handed out through connections—nepotism hasn't gone away, either. We haven't even reached true capitalism yet.
3. Socialism vanished because it simply wasn't sustainable. Just look at the debt America left behind. Look at the rationing coupons, the endless lines just to get a cup of coffee...

Foot the bill? Like, what if the government just used its own gear—like how the US Armed Forces used to build roads for nothing back in the day? What kind of capitalism was that? We had zero, but we still made it work. We've got companies like GE, Caterpillar, massive energy sectors... plenty of talent. So what's the deal? Do we really have to kiss the European Union's ass just to get Bechtel to come in and drain us dry?

Kate Foster12 said:1. Someone has to foot the bill for that kind of support.
2. Those jobs were handed out through connections—nepotism hasn't gone away, either. We haven't even reached true capitalism yet.
3. Socialism vanished because it simply wasn't sustainable. Just look at the debt America left behind. Look at the rationing coupons, the endless lines just to get a cup of coffee...

Back then, there were jobs for one group, not the other. Everything's different now though...

Kate Foster12 said:1. Someone has to foot the bill for that kind of support.
2. Those jobs were handed out through connections—nepotism hasn't gone away, either. We haven't even reached true capitalism yet.
3. Socialism vanished because it simply wasn't sustainable. Just look at the debt America left behind. Look at the rationing coupons, the endless lines just to get a cup of coffee...

Yeah, I wasn't even around for that, so I don't really remember.
The downsides of big banks in Banking, Insurance & Loans ·
Kate Foster12 said:Oh, right—equality for everyone. We tried that once—I think they called it socialism. It didn't exactly work out...

I kind of miss the version of socialism where people actually got help building houses or had decent jobs you could actually live on. Like, think about why socialism even died... what actually killed it? Capitalism. It's a total wrecking ball. I'm not really into politics, don't care for the Democratic Party or the Republican Party.
The downsides of big banks in Banking, Insurance & Loans ·
Arthur Booth96 said:It doesn't really matter, I suppose, since we're all stuck in capitalism anyway. But if it helps you sleep better, just remember that every single system in history has eventually collapsed, so maybe this one will follow suit one day too.
And honestly, looking at your points, it seems like it’s more about your own sense of morality that's bothering you than the actual mechanics of how things work. You could have just said that in your opening post instead of dragging us through this roundabout way of arguing that doesn't even tie back to what you originally wrote.
You can spend days beating your head against the wall over this, but I think you probably realize by now that you can't actually change the world. When the people in power—and I'm not just talking about the current administration, but everyone from local leaders to global institutions—are essentially bought and paid for, they just write laws that serve the interest groups funding them while they pull all the strings. Real change requires a critical mass, and if you ask me, reaching that point feels pretty much impossible.

The main thing is just getting people to wake up. Glad we're on the same page here.
The downsides of big banks in Banking, Insurance & Loans ·
Kate Foster12 said:With everything moving toward digital currency, how do you grant impulses any real authority when they don't actually exist? 😕

Not gonna happen.
The downsides of big banks in Banking, Insurance & Loans ·
Kate Foster12 said:Think about it this way:
You’re wealthy—you’ve got a massive stash of cash hidden under the mattress. Then some acquaintance comes knocking, asking for a loan. What’s your move? You aren't just handing over the money without making sure you'll actually see it again—and you certainly aren't doing it for free. You won't.

I'd just head to a notary and get a sworn statement with witnesses that they have to pay me back interest-free. Kind of like how banks work, except they make their money on the interest.
The downsides of big banks in Banking, Insurance & Loans ·
Arthur Booth96 said:So then you'll have to explain to me how people are actually supposed to handle transactions with one another if we go down this road.
And if an entrepreneur doesn't have enough capital upfront, how are they meant to get a business off the ground without relying on credit? I mean, if credit is being issued, what’s the catch—is it just supposed to be handed out for free? Or should interest rates still exist to compensate the people who bother putting their money into a bank in the first place?
And don't even get me started on fees; I guess nobody is doing anything for free these days. If you have even a passing familiarity with how economics works, you probably realize that profit is the primary motivator for everything.

Why can't we just have a balanced system that doesn't chase profit? Why should someone else make money off your hard work? We should be smart enough to set up a global system that doesn't care about your job or how much debt you're in. A system that just moves money from the buyer to the seller. Does that even make sense?
The downsides of big banks in Banking, Insurance & Loans ·
Nicholas Turner said:So—you’re basically admitting you watched a documentary where everything is laid out perfectly, and now you're trying to play Socratic philosopher by asking people to "uncover the truth" when you've already decided what the answer is?

Just looking for justice, man. Tell me, where am I even supposed to find it?
The downsides of big banks in Banking, Insurance & Loans ·
Arthur Booth96 said:So, what kind of currency do you think we should actually be using for these transactions? Tell me, what's your take?

With a system that doesn't hit you with insane fees just to use an ATM.
The downsides of big banks in Banking, Insurance & Loans ·
Arthur Booth96 said:I suppose we could just go back to melting down gold and adding alloys to refine it 🤦
or maybe we should try dealing with sheep instead, since you’re basically trying to charge me for a whole sheep when I’m only getting three-quarters of one for my money.

Nah, I'm not feeling that. Honestly, I much prefer when Rockefeller just drops a billion in the bank and collects the interest—basically the same kind of profit your parents are handing over to Chase today. The system's perfect. If you've got it, you've got it. If you don't, you don't.
The downsides of big banks in Banking, Insurance & Loans ·
Arthur Booth96 said:Ever since I started college, professors have been going on about how that isn't really considered the gold standard for measuring well-being anymore. And I'm not just hearing this from some economics grads who probably know more about it than any political science major would, but even from my actual professor at Columbia University
🤣
so, maybe you could tell us then, how exactly are we supposed to fix this injustice—or whatever fancy term you’d want to use for it?

Fix the injustice? Honestly, I think just realizing what's actually going on is a good start.