Quote:
Originally Posted by Bostonian123
Stop complaining and do something about it
1. Pull your money out of the stock market. The 1% gets most of the their income from capital gains selling stocks.
|
pulling your money out of the market won't solve anything.
Quote:
2. Stop taking out loans to buy expensive cars or other big ticket items. Taking out loans enriches the banks and their billionaire CEOs.
|
that won't either, as long as the easy money environment for banks and corporations is still there.
Quote:
3. Stop using credit cards. Same as (2) No interest from credit cards means less money for banks. Only buy what you can pay for in cash.
|
or you could just pay off the balance, and use the rewards, like smart people do.
Quote:
4. Stop going to expensive private universities. There are a lot of very affordable schools that provide a top notch education and you won't be $200,000 in debt when you graduate.
|
even public universities with in-state tuition are too expensive. easy money in student loans drives up costs, and this benefits the banks.
Quote:
The OWS crowd are always complaining that the current system keeps the rich rich and the poor poor. Well, these are a few of the steps you can take to stop it.
|
None of those steps would be effective, in my opinion. That is, unless your goal is to become poorer while dollar denominated wealth continues to grow.