David Boles4d ago

The Money That Never Leaves the Room: How AI’s Circular Financing Revived a Warning Richard Cantillon Issued Three Hundred Years Ago

In September 2025, the chip company Nvidia announced that it would put as much as $100 billion into OpenAI. The pledge carried a condition that few headlines bothered to translate: OpenAI would spend a large share of the money leasing and buying Nvidia's own processors to fill the data centers the investment was meant to build. Nvidia pays OpenAI. OpenAI pays Nvidia. The figure on the press release reads as growth. The mechanism underneath reads as a man moving a coin from his right pocket to his left and announcing that the household has grown richer. […]

https://bolesblogs.com/2026/06/10/the-money-that-never-leaves-the-room-how-ais-circular-financing-revived-a-warning-richard-cantillon-issued-three-hundred-years-ago/

Show threadDick Smiths Fair Go SupportersSep 8, 2023

@lain
Tillony = Serious crime.

#cantillionEffect #tillony #criminals #cantillonists #moneyPrinterGoDrr #samBankmanFried #celebrity #volodymyrZelensky #weaponsIndustry #larryFink #algorithmicTrading #janetYellon #imprisonList

Show threadDick Smiths Fair Go SupportersMay 24, 2022

> Apple, Microsoft, Tesla, Amazon and Alphabet (…) made $271 billion in profit in 2021, 94% ($131 billion) higher than 2019, prior to the pandemic.

SOURCE:
https://www.oxfam.ca/news/pandemic-creates-new-billionaire-every-30-hours-now-a-million-people-could-fall-into-extreme-poverty-at-same-rate-in-2022/

#dotCons #apPlE #mIcRosOft #tEsLa #amAZON #AlPHabet #goOGlE #ElONmUSk #cantillionEffect #moneyPrinterGoDrr #sTARlInk #bidensWar #militaryContractors

Pandemic creates new billionaire every 30 hours — now a million people - O

As the cost of essential goods rises faster than it has in decades, billionaires in the food and energy sectors are increasing their fortunes by $1 billion dollars every two days For every new

Oxfam Canada
Dick Smiths Fair Go SupportersMay 24, 2022

The #AncientGreeks worked out how to compel their equivalent of today's #billionaires to pay their fair share in #tax.

When they don't, we all suffer.

Its reportedly called #antidosis (in english, #exchange) and it involves the #billionaireClass competing to pay the most tax they can, lest an #organicSwap/ exchange may occur.

In the spirit of #DickSmith's #FairGo read about how it works here:
http://www.john-williams.org/antidosis.html

We love reading stuff like this.

#cantillionEffect #landTax

Antidosis