What is Money? (Note: potentially wonkish)

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Jan Sand
Posts: 421
Joined: September 10th, 2017, 11:57 am

Re: What is Money? (Note: potentially wonkish)

Post by Jan Sand » May 25th, 2018, 1:20 pm

Much of the trillions Obama donated to the financial system to save them from the criminal scams they used to create the panic of 2008 went right back into play pushing money around to recreate any lost riches of the manipulators who caused the mess. Corporations use the huge profits to buy back their stock to increase its value instead of investing it in production because the stagnating wages provide no markets for increased production.The money is used meaninglessly to play games on Wall Street.

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SimpleGuy
Posts: 223
Joined: September 11th, 2017, 12:28 pm

Re: What is Money? (Note: potentially wonkish)

Post by SimpleGuy » May 25th, 2018, 2:57 pm

Jan Sand wrote:
May 25th, 2018, 1:20 pm
Much of the trillions Obama donated to the financial system to save them from the criminal scams they used to create the panic of 2008 went right back into play pushing money around to recreate any lost riches of the manipulators who caused the mess. Corporations use the huge profits to buy back their stock to increase its value instead of investing it in production because the stagnating wages provide no markets for increased production.The money is used meaninglessly to play games on Wall Street.
What's the meaning of the note potentially wonkish ?

Jan Sand
Posts: 421
Joined: September 10th, 2017, 11:57 am

Re: What is Money? (Note: potentially wonkish)

Post by Jan Sand » May 25th, 2018, 3:29 pm

Wonkish> boringly precise

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