Zoo Rules

Buford 2022-09-05 05:56:12

In the animal world, animals that cannot run fast are robbed of their lives by animals that run fast; in a civilized society, it is illegal for strong people to plunder the lives of weak people, but it is often legal for giants to plunder retail investors.

Any civilization has a price, even if it is to obey the traffic rules. You know, people often judge a person's quality by whether pedestrians obey the traffic, and I used to think so. One night, there were no people around, no cars, and I was waiting for a traffic light...While waiting, I suddenly thought about what kind of power it was that made me perform the inefficient behavior of passing by the road without a car almost without thinking. ?

This is the small price I paid for civilization.

If there are no traffic lights or dedicated lanes, pedestrians will have almost no loss in efficiency, but pedestrians are the least efficient group that brings the least benefits. Therefore, in order to improve the benefits and efficiency of the entire society, humans invented traffic lights. When social benefits and efficiency increase, pedestrians will often benefit. In order to repay their own benefits, pedestrians will also abide by the traffic light law.

A civilized society allows us to make many judgments without thinking. We believe that strangers cook for us, we believe that strangers help us get rid of our illnesses, and we even believe that strangers save money for us. We use simple and understandable numbers to believe in the quality of unfamiliar items... these simple and efficient judgments Composed of a large and complex civilized system, we become small screws inside-we regard chaos crossing the road as barbarism, we regard storing large amounts of gold and cash at home as ignorance, we are part of a civilized society, we Defending this society.

But if you make too many unthinking actions, you will be used by others.

In the 1920s, the United States caused the Great Depression due to the huge contradictions caused by the increasing production of products and the consumption level of the people. The British Keynes convinced American President Roosevelt that only spending money can save the United States. Limit working hours, raise the minimum wage, range inflation, condemn excessive savings, the government provides a large number of jobs to build roads and bridges, and the Boy Scouts swear that patriotism is to let mothers buy more things... Today, we are all beginning to know how to improve The importance of domestic demand, open any newspaper, turn on any TV, browse any Internet, those methods that teach you to make money are not necessarily reliable, and the rhetoric that teaches you to spend money is absolutely deceptive.

Spending big money, living in a big house, driving a big car, giving children the most expensive education, this is a kind of success, this is a kind of glory, this is a kind of patriotism! We have all heard the story of an old Chinese lady and an old American lady buying a house. Poor old Chinese lady, she saved a lifetime and lived in her own house for one day. Look at the old American lady, how chic ~

people in a civilized society will believe , Our system is running on a safe fast lane: wages will increase, product output continues to rise, bid farewell to deflation... Today’s five dollars may be worth only one dollar tomorrow, so spend tomorrow’s one dollar first. Yes, I made five dollars today. Those old Chinese ladies who save money, you are like little animals in the zoo who are still afraid of being eaten, insecure, pitiful.

But can we really believe that this world is no longer plundered? It is true that fair and free trade makes people's lives better, but can the "invisible hand" really control people from taking huge risks in exchange for huge amounts of money?

To be honest, the IQ of those capital operators in INSIDE JOB, I bundled ten and a hundred are not their opponents. They are already smart enough to run ahead of the law. Not only can they fool you into spending one dollar tomorrow, but they can also fool you into spending the same dollar repeatedly, and then they have five more dollars on their books. Finally, they took the money and ran away.

Why do ordinary Americans dare to spend ahead of time and give money to strangers for investment? Because the more civilized the society, the more we believe in banks, investors, credit rating agencies, insurance agencies...We believe that our traffic lights will not fail, but we have not considered whether the road behind the green light has not been repaired.

Of course, our countrymen, at present, do not have such a sense of crisis. Because...We haven't been kept in a peaceful zoo for too long, and we can't fully rest assured of the trust system of a civilized society. Sometimes we will cry out sadly, why our businessmen are so black-hearted and our society lacks integrity; but sometimes, keeping vigilance is not a bad thing. There will still be a food chain in the zoo. For those who have run past their own strength and bank interest We still need one more mind for the outrageous huge consumption and long-term investment.

Because in the long run, everyone is dead. This is still what Keynes said.

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Inside Job quotes

  • Narrator: After the crisis, the financial industry, including the Financial Services Roundtable, worked harder than ever to fight reform. The financial sector employs 3,000 lobbyists, more than five for each member of Congress.

  • George W. Bush: You don't have to have a lousy home. The low-income home buyer can have just as nice a house as anybody else.