this post was submitted on 14 Nov 2023
-8 points (16.7% liked)
Ask Lemmygrad
803 readers
32 users here now
A place to ask questions of Lemmygrad's best and brightest
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Not everyone has the financial stability to withdraw their entire monthly salary from the bank.
You do not provide a clear explanation of how this action will lead to positive changes.
The use of ultimatums and hyperbole is unhelpful and short-sighted.
We have been here before, the federal reserve will bail them out ~~with our taxes~~, we can't achieve progress with regressive tactics.
https://www.wsj.com/articles/fed-to-inject-1-5-trillion-in-bid-to-prevent-unusual-disruptions-in-markets-11584033537
Edited:
Crossed the misleading part thanks to davel, Modern monetary theory (Macro Economics) does say that our taxes are not used for government spending nor bonds either.
They will get bailed out, though not with our federal taxes, because our federal taxes don’t actually pay for anything.
I found a YouTube link in your comment. Here are links to the same video on alternative frontends that protect your privacy:
Withdrawing is suggestion, do what you can do, it is only awareness month, no obligations, nobody will look what you are doing with your money. It is awareness that you should value your time and not let anyone denies you what you earn and how to spend it. Money is directly related to your time you invested to earn that money. As any awareness, it is related to personal growth and awareness of life in general. We still don't actually know if "Vegan Month" will be beneficial in long run, it is only assumption. But awareness and raise of consciousness should bring positive results in long run. Also, if we don't know, we can find out if we try, if we just speculate, we will never know.