Posted on 08/02/2018 9:35:29 AM PDT by Swordmaker
Depends on who you ask. Personally, I think a lot of people would like it to, to monetize the debt. Hence the push for a higher minimum wage.
Funny thing. The rest of the world has real economists that don't play the "free Trade" game like we do. We need to import those people (H-1B) and ditch our anti American globalist Free Traitor™ economists - like you.
Spoken like a true plebe.
Then why aren't there a lot of other companies in the trillion dollar market cap range? Being that the dollar is worth so little.
They pretty much do. When was the last time you saw a feature phone or flip-phone other than with housewives and cranky old men who go around grumbling about how their "good old rotary phones" were the only phones we ever needed?
Samsung basically copied the iPhone and as a result, they had to pay Apple billions in damages. It was still worth it to Samsung as they now have a large chunk of the smartphone market (though Apple still has a monopoly on the profits).
The iPhone (or Samsung equivalent) is simply an amazing piece of technology. It is quite possibly the greatest consumer technology product of all time and an engineering marvel.
Were an iPhone to be taken back in time to just a few decades ago, people would conclude, after seeing all the features, that it could only have been produced by an advanced civilization from another galaxy - or maybe from humans on Earth but not for hundred years or so.
Spoken kike a true Koch Bros kiss a$$.
They may be way behind apple, but their value is abased on the same worthless money.
The article just got to my pet peeve regarding fiat money. It always collapses and it is how the government robs the people. So I like to bring it up when people use this worthless paper and digits as a measuring stick to value a thing. It is a relative measure that changes definition constantly.
Please feel free to send me any of that worthless money you might have lying around!
I don’t save it as money. I save it as real estate, PMs, tractors, tools, etc. As soon as I get money, it gets converted to something with real value.
If you were able to obtain all those things with your "worthless fiat money" than it really wasn't worthless after all, now was it?
Yes, except it’s a figure of speech.
Think of it like when Yogi berra said this about a certain restaurant: “Nobody goes there any more because it’s too crowded.”
You know what he means. And you know what I mean. :)
Making them a great target for the China-US trade/tariff war...
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