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92
(((Investors))) (media.scored.co)
posted 1 year ago by Spoonks on scored.co (+0 / -0 / +92Score on mirror )
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17
AmericanInterests on scored.co
1 year ago 17 points (+0 / -0 / +17Score on mirror ) 2 children
The buying and selling the first 5 items doesn't involve a financial architecture which includes automatic reporting of all taxable income directly to ZOG. Eventually ((("""smart"""))) phones and digital currency might change that.

And with something like the house, (((the taxable income))) is all fake, you buy a house for a dollar value that depreciates and sell the house 12 years later for 4x the original price, receiving dollars that are worth 25% of what they were 12 years ago and ZOG takes a big bite out of the 300% profit you didn't make.
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newuser8 on scored.co
1 year ago 3 points (+0 / -0 / +3Score on mirror ) 1 child
The ZOG profits being the interest that you paid over those 12 years, correct?
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AmericanInterests on scored.co
1 year ago 6 points (+0 / -0 / +6Score on mirror )
Seems like it can be interpreted either way, either ZOG is profiting by collecting increasingly worthless interest on increasingly worthless capital or it is profiting by printing the ZOGbux which make the capital and interest payments increasing worthless. Probably some of both I guess.

You buy a house for half a million dollars when the price of gold is $1000/oz and later sell the same house for a million when the price of gold is $2000/oz and ZOG charges you taxes on the half million dollar profit you didn't actually make.
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Harambe on scored.co
1 year ago 2 points (+0 / -0 / +2Score on mirror )
Sounds nice in theory but in reality that 4x increase is more than inflation especially at higher income brackets soooooo it's a money printer for rich people
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