How is this not a ponzi scheme?
>>61571596everything is a ponzi
>>61571596nigger cattle beg to be lead.
>>61571602>everything is an italian mafia ponzi schemeKinda true btw.What is double-entry accounting, a fraud that every bank is using today.
>>61571609how is algebra a fraud?
>>61571596What does a ceo actually do in real life? Seems like an easy job
>>61571622Ceos are paid actors for the company
>>61571620Double 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
>>61571639i'm a CPA. you sound retarded.
>>61571622>What does a ceo actually do in real life?Collect money from everyone in the company
>>61571643Every 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 CPAI 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.
>>61571643My works accountant paid me 5x in the month of December. Who's retarded now?
>>61571666idk i work in statutory reporting at a massive company that does 12 figures a year in sales, im not a payroll wagie.>>61571660accounting predates and is independent of fractional reserve banking and central banking, dipshit.
>>61571629>>61571650Right? Directors don't do a lot either, but they do something
>>61571679Let 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 + interesthow would you account for this?>be small business>sell product to customer on credit>expect to receive money in the futurehow would you account for this?
>>61571679>statutory accounting Hide your kids from this guy
>>61571596theres literally a pyramid on the dollar along with a star of david. figure it out
>>61572326wtf how have I never noticed this
>>61571596I'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 peoplehow do i get this job?