[a / b / c / d / e / f / g / gif / h / hr / k / m / o / p / r / s / t / u / v / vg / vm / vmg / vr / vrpg / vst / w / wg] [i / ic] [r9k / s4s / vip] [cm / hm / lgbt / y] [3 / aco / adv / an / bant / biz / cgl / ck / co / diy / fa / fit / gd / hc / his / int / jp / lit / mlp / mu / n / news / out / po / pol / pw / qst / sci / soc / sp / tg / toy / trv / tv / vp / vt / wsg / wsr / x / xs] [Settings] [Search] [Mobile] [Home]
Board
Settings Mobile Home
/biz/ - Business & Finance


Thread archived.
You cannot reply anymore.


[Advertise on 4chan]


File: file.png (462 KB, 909x917)
462 KB
462 KB PNG
How is this not a ponzi scheme?
>>
>>61571596
everything is a ponzi
>>
>>61571596
nigger cattle beg to be lead.
>>
>>61571602
>everything is an italian mafia ponzi scheme
Kinda true btw.

What is double-entry accounting, a fraud that every bank is using today.
>>
>>61571609
how is algebra a fraud?
>>
>>61571596


What does a ceo actually do in real life? Seems like an easy job
>>
>>61571622
Ceos are paid actors for the company
>>
>>61571620
Double entry accounting is how you generate money out of thin air.
You enter -$100 in one column, and +$100 in another.
it's a fraud scheme that was invented by italian merchants in 13th century.
They quickly bankrupted the population with this scam and this was banned from Europe.
Now it is an ok business practice in every bank.

https://en.wikipedia.org/wiki/Double-entry_bookkeeping

https://egrove.olemiss.edu/cgi/viewcontent.cgi?article=1074&context=aah_journal
>>
>>61571639
i'm a CPA. you sound retarded.
>>
>>61571622
>What does a ceo actually do in real life?
Collect money from everyone in the company
>>
>>61571643
Every bank creates money out of thin air when it gives out a mortgage.
They do -$300,000 in one column, and +$300,000 in another column.
And then you pay interest on money generated out of thin air.

>I am a CPA
I am sorry that they didn't teach you how money actually created in college, buddy.
>>
>>61571596
>in situations such as a business providing a service, or creating a product. Many businesses fall into this category.
>>
>>61571643
My works accountant paid me 5x in the month of December. Who's retarded now?
>>
>>61571666
idk i work in statutory reporting at a massive company that does 12 figures a year in sales, im not a payroll wagie.
>>61571660
accounting predates and is independent of fractional reserve banking and central banking, dipshit.
>>
>>61571629
>>61571650
Right? Directors don't do a lot either, but they do something
>>
>>61571679
Let me try again :
>Every bank creates money out of thin air when it gives out a mortgage.
>They do -$300,000 in one column, and +$300,000 in another column.
>And then you pay interest on money generated out of thin air.

>accounting existed
They taught you to sum up stuff, but not to think where and how the money actually comes from.
I just gave you this information.
>>
>>61571693
>be bank
>loan money to debtor
>expect to receive that money back over time + interest

how would you account for this?

>be small business
>sell product to customer on credit
>expect to receive money in the future

how would you account for this?
>>
>>61571679
>statutory accounting
Hide your kids from this guy
>>
>>61571596
theres literally a pyramid on the dollar along with a star of david. figure it out
>>
File: file.jpg (65 KB, 800x800)
65 KB
65 KB JPG
>>61572326
wtf how have I never noticed this
>>
>>61571596
I'm one of those 2nd and 3rd box managers. Manager in title and pay but I got no one under me.
>>
>>61571596
>retard doesn't know what a ponzi scheme is, the post
>>
>>61571596
>2 managers who manage 0 people
how do i get this job?



[Advertise on 4chan]

Delete Post: [File Only] Style:
[Disable Mobile View / Use Desktop Site]

[Enable Mobile View / Use Mobile Site]

All trademarks and copyrights on this page are owned by their respective parties. Images uploaded are the responsibility of the Poster. Comments are owned by the Poster.