Fractional Reserve Banking really do be that way. And it could be OK with stronger protections against bankers being able to bribe lobby politicians with funnymoney, or pay themselves exorbitant compensations. The supply of currency has to grow with the economy's growing productive capacity, and its better if government spending isn't the only way new currency comes to exist.
That's not venture capitalism, that's just regular fraud
Not all fraud is venture capitalism, but all venture capitalism is fraud.
ding ding ding we have our winner for "understanding how the world works"
It's also missing the punchline where they're both bulls, so they don't produce milk.
Always has been
Saw this and immediately thought it was about “tucows”.
I’m old. ish.
did anyone else get thrown off by how they hypenated intermediary because cows?
Hey dad can i have 20$
10 dollars?! What do you need 5$ for?
I love using venture capitalism counting! It's what I use when I'm using the self checkout.
Fractional Reserve Banking really do be that way. And it could be OK with stronger protections against bankers being able to
bribelobby politicians with funnymoney, or pay themselves exorbitant compensations. The supply of currency has to grow with the economy's growing productive capacity, and its better if government spending isn't the only way new currency comes to exist.The original points out problems in several different economic models, but this is lemmy so that gets forgotten in favor of capitalism=bad.
I picked the funniest one to post here from the series you’re welcome to post the others
this is the funniest one, I'll give that.
Any chance of some links?
https://www.thepoke.com/2015/08/19/17-economic-models-explained-cows/
Thanks