LowIQTrash » 25 Apr 2023, 1:58 am » wrote: ↑
I feel like your argument is mostly correct but misses the mark due to a gap in details.
Woke corporations do not care about money because the Fed, through QE, can make debt cheaply and infinitely available. Those debts can be, and are very often, wiped out/nullified.
Woke corporations do not "lose money" on purpose. They, in fact, do not "lose money" at all. It is truly the most rigged, wicked game you can think of. Allow me to illustrate:
Hypothetical (but not really as it's been done hundreds of times) Scenario:
1) Fed does QE worth $200 billion. Note that QE =/= printing money; QE simply incentivizes bank lending. Money is created as BANK CREDIT.
2) Fed **Nudge nudge** "instructs" one of its member banks (e.g., Bank of America) to lend $400 million to one or more of these woke corporations like Netflix, Electronic Arts, Disney, etc. The rest is reserved for activities like mortgages/CRE loans.
$400 million is a drop in the bucket and will be undetectable, unlike say the Pentagon declaring trillions missing under Bush after the 9/11 incident. (And even then nobody cared)
3) Most of that $400 million loan gets written off as "bad debt" - an easy accounting trick
The US FPE (Finance Parasite Economy, a term I made up) is a huge slush fund with TRILLIONS sloshing about. If anyone is ever confused as to how there is so much money floating around, yet ordinary people will pretty much never see a dime, there's your answer. The money only goes to those entities (woke corporations, parasite firms like BlackRock, Vanguard, Bain Capital, etc.) who support the globalist agenda, and globalists decide if that money ever needs to be paid back.
(Many people are furious at the PPP loan fraud, unaware that this type of fraud is being perpetrated at a systemic level)
By the way, if you ever get a chance to speak with one of these globalists at, say, some fancy party or country club...of course you wouldn't know their true identity but let's say you ran into one of them and said something like this...
"I believe the best way to riches is to provide a good service to customers at a good price,"...
as opposed to
"I believe the best way to riches is fraud, inheritance, crime, being connected to the most powerful people on this planet (who lurk in the shadows), and hyper-exploitation (children mining metals in Africa and South America, sweatshops, forcing indigenous populations off of the pristine land/water they use for survival)," said globalist will be laughing...AT you, not with you.
Also, as one final note, if you ever get into an argument with a retarded conservative who insists on the sanctity of indemnifying your debts to the bankers, you can laugh in THEIR face. (Please do)
@Cannonpointer
@FOS
please add anything to this if you feel the need to, I think I've covered 90% of what's going on here