Every financial group behave wildly differently. Some factors: historical backgrounds of surrounding society, culture within, culture without.
As it turns out, it is possible to have socially responsible financial groups boost the economy.
This idea of inquiry was inspired by what I’ve saw.
Making weapons to rob from other people to get rich I’ve seen before. It’s all across history.
Making weapons to get rich by collecting wealth from tax payers through military funding represents is new to me.
This makes me wonder, what is considered acceptable behavior in a society? What is morality?
Japan unemployment rate is at 5.5% in 2009 after the global financial crisis and low as 2.2% at COVID19 outburst.
Special reports from Ministry Of Finance, by year:
This is the point when you realize some countries have based economic and social departments. Some don’t.
Perhaps population density affects economic development?
TK
https://search.treasury.gov/search?affiliate=treas&query=circulation
Where is my circulation?
There is no circulation. Seems like they only care about the amount of currency in circulation.
https://search.treasury.gov/search?affiliate=treas&page=2&query=distribution&sort_by=
Distribution-wise, they are more interested in drugs than wealth.
https://search.treasury.gov/search?affiliate=treas&sort_by=&query=inequality
Inequality? Racial and Income. I fold.
I’ve seen enough of organizations package arbitrage as “making the market more efficient”. Hell do I care.
https://youtu.be/HFYv-rk4v9Y 3:48
A small amount of inflation can help drive economic growth by keeping money moving around. Most economies target relatively mild inflation of about 2%.
…
I feel sick.
This really reminds me of a group of developers (including that of Mastodon) came together and talked about making users move off Twitter and Facebook to use their products.
In Japan, money circulates in the society (to the salary workers, of course) because the private sector, including 財閥 want to move it around, because the ministry of finance and economic departments want to move it around.
Then Bloomberg comes and explains this in the terms of interest rates.
So I see central banks go together to fuck with people’s lives. I am of the impression that anyone having that kind of control over interest rates is a mistake.
I think I understand how it works now.
Japan Retail (7-11), manufacturing (三菱等), media production (電擊), those conglomorates create lots of jobs for humans, while as US Big Tech™ employ very very few people. There are also German family dynasties whose wealth simple come from owning many half a city and factories then collecting rent.
The history of them basically: forced reorganization after the war, information revolution after banker bail-out, Nazis.
Korea. Also Zaibatsu, yet corrupt with the justice system. It’s not that 黒会社 doesn’t exist in Japan. I hear Japanese people joke about the corporate culture of bowing down (apologizing). Still, isn’t this the exact culture that provided harmony?
Innovation-wise, the inventor of blue LED is kicked out of his company by the son of the company chief who supported him for inventing blue LED. He went to the US to make a living. I wonder if any ref: https://www.youtube.com/watch?v=AF8d72mA41M
What do we see here? Every society has its own problems?
TK