Designer Handbags Are Now A Better Investment Than Art

The money still circulates through people and economy. Bag manufacturer will spend the money on employees, corporate expenses, while the owner or CEO will spend it on his own house, cars, food, and pets. Investors and stock traders may also get chunks of that money, and spend it too.
Simply giving money away to the same people that could earn it, would make those people dependent on handouts instead of fighting to survive by working or starting own businesses. That’s how socialism fails every time - people not needing to fight for survival, not starting businesses, not inventing anything, not working hard, but simply having their basic needs covered.
This may not always be true and not always work like that, but so would be any other viewpoint.

 

Did I ask you to say a prayer for designer bag speculation?

 

Poor lives matter. And again as I said before if you believe all traders do is just trading pieces of paper and nothing else then you are not a real trader and you have no idea about trading.

 

No actual response to my comments.

If you think you are doing god’s Work by speculating in the financial markets, I feel bad for you. But continue to sit on your high horse while you front run real money accounts or scalp ticks for lunch money.

 

Wow you flatter me, @newwurldmn, no I don't think I am doing god's Work by speculating in the financial market but I do think that I am doing more than just trading pieces of paper and gambling with side bets so don't feel bad for me. And I don't think I am sitting on high horses just because I think people should do more with excessive money that they have rather than hyping up the price of bags. I feel bad for you if you think that.

 

You are sitting on your high horse. You are self righteous about other people’s money.

 

What makes you think I don't? I do. You can't see it? That's not my problem.

 

Telling people how to spend their money.
That's Bern Sander's job.
Leave it to the expert socialist with beachfront properties, couple of audi 8's, never had an honest day's work in his life, not to mention never got a job in the public sector.
but he IS an expert in advising the sheeple what to do with the cash, lol.
feel the burn.

 

I’ve been trading long enough enough to know that traders live in glass houses and should not be throwing stones.

 

I have also been trading long enough to know that people, regardless what they do shouldn't judge. I did not throw stones. I was just expressing my opinion. People shouldn't be spending money on freaking bags. People should help others and you should too!