Hey Sam, We just added $300 Billion to the Nation’s GDP!
Two economists are walking in a forest when they come across a pile of shit.
The first economist says to the other “I’ll pay you $100 to eat that pile of shit.” The second economist takes the $100 and eats the pile of shit.
They continue walking until they come across a second pile of shit. The second economist turns to the first and says “I’ll pay you $100 to eat that pile of shit.” The first economist takes the $100 and eats a pile of shit.
Walking a little more, the first economist looks at the second and says, “You know, I gave you $100 to eat shit, then you gave me back the same $100 to eat shit. I can’t help but feel like we both just ate shit for nothing.”
“That’s not true”, responded the second economist. “We increased the GDP by $200!”
Market cap goes up $150B for each company
I feel like this would be more accurate
This is actually the most efficient economic system possible
why cant the fake hype economy be funding stuff like cancer research
i’m afraid cancer research is real
lol yeah, at least we’d get some incidental social value in the end
They could form a conglomerate, like KFC-Taco Bell-Radisson-Texas Instruments-NASA!
Oh sure, when you need a bailout it’s OURoboros!
Ok, I mean, to be fair.
This is exactly how money is supposed to circulate in a perfect market economy. Businesses aren’t supposed to accumulate deposits. They are supposed to circulate them for the next production period.
Yeah, for real goods in the end. Not for some supposed “gains” in the future when it comes to the AI improving productivity in any way.
fine 🙄 I’ll take that 100 billion if no one wants it
Inadequate. Doesn’t burn enough forests for Felon’s (thank you autocorrect for this one) waifus.