Well it took me 4 days to be kicked from Lemmy for the crime of pointing out that if I’m a rich business owner, and the world is screaming record profits bad then I’m throwing my profits into my balance sheet to erode my profits, and still come out on top. Record profits are a weak argument because it ignores everything else that a business can do to hedge themselves that doesn’t show up on an income statement. You’d need to know some basic accounting to be able to really know what a business is doing with there money, and profits are just one of many things to look at.
They didn’t like that.
Eh it was a fun experiment anyways.
nobody /
npub104…pz25q
2023-07-13 04:28:07
Author Public Key
npub104xulfe0jun0q8t7579k7gffzqwwyx30l5cenjkt0n3xw30a49mqppz25qPublished at
2023-07-13 04:28:07Event JSON
{
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"pubkey": "7d4dcfa72f9726f01d7ea78b6f2129101ce21a2ffd3199cacb7ce26745fda976",
"created_at": 1689222487,
"kind": 1,
"tags": [],
"content": "Well it took me 4 days to be kicked from Lemmy for the crime of pointing out that if I’m a rich business owner, and the world is screaming record profits bad then I’m throwing my profits into my balance sheet to erode my profits, and still come out on top. Record profits are a weak argument because it ignores everything else that a business can do to hedge themselves that doesn’t show up on an income statement. You’d need to know some basic accounting to be able to really know what a business is doing with there money, and profits are just one of many things to look at. \nThey didn’t like that. \nEh it was a fun experiment anyways.",
"sig": "a846cd8b6157fc77263304af6e1fa3d83d1a172e3b49b6286b3b684a354664d1c42c91d47125e670a11fef5dad9e5e2d4add38e5610e0b81cda75387c6abf270"
}