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Aella_Girl's profile
Aella
Aella
Aella
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@Aella_Girl

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AellaVerified account

@Aella_Girl

whorelord http://aella.hns.to 

Austin
knowingless.com
Joined September 2012

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    1. Aella‏Verified account @Aella_Girl 27 Dec 2019

      "trickle down theory" seems obviously correct to me. Like, if a person has lots of money, it's stupid to sit on it - they invest it, found businesses, hire people, buy things - all of which are putting money back into lower tiers of the economy to me. Am I missing something big?

      335 replies 15 retweets 362 likes
    2. Sam‏ @Sneeed 27 Dec 2019
      Replying to @Aella_Girl

      Rich people save a lot more of their money that poor people. If you want money to circulate, which every economy does, give it to poor people.

      2 replies 0 retweets 5 likes
      Aella‏Verified account @Aella_Girl 27 Dec 2019
      Replying to @Sneeed

      Everyone keeps saying this and I keep saying saving money IS investing, if you're rich

      4:06 PM - 27 Dec 2019
      • 16 Likes
      • Marcio Mr. Heylel 🔰 Space Pirate bitbutter Copy One Michael Willis
      4 replies 0 retweets 16 likes
        1. New conversation
        2. Sam‏ @Sneeed 27 Dec 2019
          Replying to @Aella_Girl

          There is some truth to that but it doesn’t compare to people actually spending their disposable income.

          1 reply 0 retweets 2 likes
        3. Malcolm Ocean‏ @Malcolm_Ocean 27 Dec 2019
          Replying to @Sneeed @Aella_Girl

          Malcolm Ocean Retweeted Malcolm Ocean

          Also I think that part of what's happening here is that 1) stock etc investments don't generate much real value for society 2) investments don't make their way to everybody, due to various systemic factors I don't understand but maybe @RayDalio does 👇https://twitter.com/Malcolm_Ocean/status/1210640225044709376 …

          Malcolm Ocean added,

          Malcolm Ocean @Malcolm_Ocean
          Replying to @sarthakgh
          Mmmm so key to see the empowerment available via capitalism too. Tho @RayDalio recently observed: > At the same time as money is essentially free for those who have money and creditworthiness, it is essentially unavailable to those who don’t have money https://www.linkedin.com/pulse/world-has-gone-mad-system-broken-ray-dalio/ …
          0 replies 0 retweets 6 likes
        4. End of conversation
        1. Mike‏ @MikeSFO1980 27 Dec 2019
          Replying to @Aella_Girl @Sneeed

          Savings in bonds or investing in public companies doesn’t create real value in the real economy. It doesn’t actually grow the pie. Investing in new ventures from the ground up may create value. SpaceX looks like real value to me. But not Uber.

          0 replies 0 retweets 0 likes
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        2. Jimmy John‏ @JimmyJohn_56754 27 Dec 2019
          Replying to @Aella_Girl @Sneeed

          People also seem to be skipping over the fact that generally, to get rich, you have to have created something of value. Whether Bill Gates sits on his hundreds of billions or not isn’t the point, the point is that Microsoft has added far more than that in real value to the world.

          1 reply 0 retweets 0 likes
        3. Jimmy John‏ @JimmyJohn_56754 27 Dec 2019
          Replying to @JimmyJohn_56754 @Aella_Girl @Sneeed

          Also the idea that ‘poor people’ spend more than ‘rich people’ is obviously just flat out wrong. They spend more of their overall wealth, because more of their overall wealth needs to be spent to live normally.

          2 replies 0 retweets 0 likes
        4. Show replies
        1. Eric Johnson‏ @Wineslacker 27 Dec 2019
          Replying to @Aella_Girl @Sneeed

          People who are rich, really rich, put their money into interest bearing instruments... they are not interested in risking money in unknowns or the untried. They spend substantially less on things than lower classes Because they have that stuff already. And they avoid taxes.

          0 replies 0 retweets 2 likes
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