Coronavirus
Coronavirus
Out of context: Reply #2452
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- deadsperm0
How is the lockdown ruining the economy?
I've never had this much money in the bank this far into the month!- You've answered your own question. You have money. It's not been spent. Spending = Economy.shapesalad
- I thought the goal of the game was the accumulation of wealth. Is my money in the wrong hands? Am I doing it wrong?deadsperm
- The money on your account is not in someone else's pocket. But I am in the same situation, as long as I still have a job at least.Longcopylover
- I now buy vouchers from my favourite restaurants and small businesses to keep them alive.Longcopylover
- they want you in debt, banks make money on interest. banks pay interest on savings. we all save, well... banks may charge to hold your cash.shapesalad
- Putting my money into the system so others can benefit from it sounds too much like socialism. No, thank you. Not for me!deadsperm
- I was using "in the bank" colloquially, I keep my $ under my mattress.deadsperm
- This is what drunk people say********
- If there is no money in the economy, there is no economy. Further, you'll never be "wealthy" by simply saving, you need to invest and leverage,formed
- This has nothing to do with "socialism", it's basic economics. It was pretty obvious what your bias is.formed
- My clients have been decimated by this. CRE, hospitality, airlines...not good. Thankfully I had a pharma and the CDC as clients...biz is "good" for them.MondoMorphic
- “ Putting my money into the system so others can benefit from it sounds too much like socialism.” Except it’s the definition of capitalism.monospaced
- I can definitely tell, I am living from my savings currently...SimonFFM
- All I know is that I've got more money. So the economy is good for me even if I'm not good for the economy.deadsperm
- Nice you have $25 bucks more in the bank than usual :)NBQ00
- How? Because your little account, enjoying a temporary spike, is not 'the economy.' Ask teacher about this when school reopens********
- I'm about immediate not long-term profits.
What are you going to sell me next, universal healthcare?deadsperm - I just ate a huge meal, might as well sell the fridge and renovate the kitchen into a second bedroom.********
- Lol. This thread is brilliant. Thanks :)Gnash
- Short term goals.
Why we're in the situation we're currently in.PhanLo - Wow I'm getting a great deal on rent for this place considering it's a 2-bedroom now********
- @Gnash
QBN always delivers!deadsperm - That escalated quickly...Longcopylover
- While the brother-in-law is hoarding cash, the wife and I just paid off a car loan. Did I help the economy?misterhow
- this aged particulary well
http://www.buynothin…Bluejam - Buying a gift card: you're giving an interest-free loan to a business you want to support, with no way to collect if they go bankrupt. Right now, it makes sense********
- But outside of this kind of situation, you shouldn't be buying gift cards. Definitely not to places like Starbucks, Amazon, etc.********
- What the problem is here is that you base the nations economy on the monthly account balance. That’s why you are so confused and wrong. Sorry.monospaced
- The economy isn’t good for you, as you concluded. The economy is tanking but you aren’t spending. Your situation is hanging on but that’s it.monospaced
- My personal bank account might have a little bump right now, but my 401k and other investments are way down.OP31
- GoldGnash
- money is just a way of keeping score....ArchitectofFate