General Discussion

Codifer

(1,017 posts)

7. In another time:

Mon Jun 2, 2025, 09:03 PM

Jun 2

Feller goes to an inn for ale. After a bit he has the urge to pee.

He leaves his pouch on the bar and the innkeeper sees a gold coin of value.

The impulse is too great and the innkeeper snatches it and pays the waitress her back-pay.

The waitress is delighted because her grocer has been hounding her for gold she owes him and she is finally able to pay up.

The grocer, likewise, pays his debt with the cobbler.

In his turn the cobbler is able to get square with the blacksmith.

The blacksmith is delighted to reimburse the hooker he had been boinging.

The hooker pays her back rent to the innkeeper who manages to slip the gold back into the pouch just before the stranger returned from the outhouse.

So: Everyone's debts have been paid, no one lost gold, no one gained gold. Every one is satisfied.

Wait. What?

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Cheezoholic redwitch Ponietz Bernardo de La Paz UniqueUserName

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Threads: Guy pays me $50 for a speaker [View all] LiberalArkie Jun 2 OP

Excellent. Midnight Writer Jun 2 #1

Well .... Lurker Deluxe Jun 3 #29

Except the bank doesn't sit on it ("for decades"). Disaffected Jun 2 #2

Like stock buy backs and dividends to stock holders. flashman13 Jun 2 #3

Both of which though keep the funds mobile and Disaffected Jun 2 #5

Stock buybacks inject money into the economy because the stock has to PAID for. Likewise dividends Bernardo de La Paz Jun 2 #14

Stock buy backs waste productivity. They represent a failure to strengthen and build flashman13 Jun 2 #18

Wrong. Stock is just a form of currency: a liquid asset that can be switched to cash and back. Bernardo de La Paz Jun 2 #19

No they don't. They are a form of corporate cancer. Enough said. flashman13 Jun 3 #25

You will be unable to explain a coherent true understanding of your bizarre theory. Bernardo de La Paz Jun 3 #27

Ah yes, but cash in action(the flow) is what makes cachukis Jun 3 #31

Exactly. If it can't be put in motion, then plow it back into the company, if you have confidence in the company Bernardo de La Paz Jun 3 #32

High brow. But the abuses seem to abound in cachukis Jun 3 #33

Yes, the disparity in wealth and income btwn the 1% and the 50% is a big unsustainable problem. . . . nt Bernardo de La Paz Jun 3 #34

So you DO understand the multiplier effect! W_HAMILTON Jun 3 #35

Obviously b) giving to families. They will spend most of it in relatively short order. Bernardo de La Paz Jun 3 #36

Yes -- and that's the point the OP was making. W_HAMILTON Jun 3 #37

I direct you to my first post in this thread, #12. OP has a point but their argument does not make their point. . . nt Bernardo de La Paz Jun 3 #38

You get it. So many don't. . . .nt Bernardo de La Paz Jun 2 #13

That's also why "Trickle Down" is bullshit JoseBalow Jun 2 #4

Nothing wrong with investing. The bullshit in "Trickle Down" is parking bucks in real estate and artwork. . . nt Bernardo de La Paz Jun 2 #15

My first thought was "What was the speaker?" CaptainTruth Jun 2 #6

I understand. I wondered something similar... "Who was the speaker?" littlemissmartypants Jun 2 #9

In another time: Codifer Jun 2 #7

Money in motion. You get it. Bernardo de La Paz Jun 2 #16

Except someone is a thief. nt. druidity33 Jun 3 #21

Excellent point and on top of that, they don't employ anyone, at least not in the numbers companies did 50 years ago n/t Cheezoholic Jun 2 #8

But... littlemissmartypants Jun 2 #10

Who exactly is the "they" in PoindexterOglethorpe Jun 3 #26

Nice to know Lurker Deluxe Jun 3 #30

2025 XOM Capex GladysKravitz Jun 2 #11

Welcome to DU. Good first post. You get it. . . . nt Bernardo de La Paz Jun 2 #17

Welcome to DU LetMyPeopleVote Jun 3 #23

There is a point but the example is Bogus and Untrue and Ignorant of basic economics Bernardo de La Paz Jun 2 #12

Another plus is Codifer Jun 2 #20

Yes - the Velocity of Money Ruby the Liberal Jun 3 #22

They're Parking Money In A Bank? ProfessorGAC Jun 3 #24

"The restaurant owner gives it to the waitress," greyl Jun 3 #28

If Exxon "Mobile" made profits by way of savings accounts Dreamer Tatum Jun 6 #39