this post was submitted on 04 Apr 2024
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Asklemmy

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[–] [email protected] 3 points 8 months ago (5 children)

Compound interest.

Let’s say you need to borrow 5000 € for your first car, but you have only 700 €. First, you’ll need to find a lender who is willing to share the risk with you. Then, you form a joint stock company (Tom’s Volvo C30 2008 incorporated), where you own 7/50 of the car and the other party owns the rest. When you have some more money, you can buy some more stocks. One day, you’ll own the whole car and the lender has all of their money back.

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[–] [email protected] 2 points 8 months ago* (last edited 8 months ago) (13 children)
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[–] [email protected] 2 points 8 months ago (1 children)

Billionaires

Ads for medication

Campaign contributions greater than $n from people and greater than $0 from corporations

Civil forfeiture

Prosecuting attorneys withholding exculpatory evidence

Firearms which aren't single action for civilian use (police are civilians)

Receiving gifts greater than $250 USD as a supreme Court Justice or family member of the supreme Court Justice.

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