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It's a pretty ridiculous number, total US GDP is only $27T. That would mean scams are ~1% of the US economy, which is non-sensical.
by secabeen 2y ago
It's a pretty ridiculous number, total US GDP is only $27T. That would mean scams are ~1% of the US economy, which is non-sensical.
- votepaunchy 2y agoWouldn’t $1T be close to 4% of US GDP?
- secabeen 2y agoYes, but it says "mostly from Americans", so I cut it in half, then halved again just to be conservative. The argument holds at 2% and 4% as well as it does at 1%.
- metalman 2y agothe fundamental reality is that money itself is a construct, and all of the values attached to goods a services are arbitrary, so there is no basis to diferentiate beween scams, and entertainment it's all pay per view, and any dissastisfaction could fall under buyers remorse gambling is perfectly legal....as long as it gets taxed I have never had any account with apple, yet a charge to my credit card from apple appeared , I disputed it, but my bank refused to stop payment, and instead issued me a "credit", rather than go after apple, where as, anyone like me doing the same, would be a "scammer" and be prosecuted this impossible breach of law therefor is absolute proof of the complete falsity of our financial system. some are designated "scammers" others are empowered to take and I am personaly happy to live with that, and do what I can to protect my own tiny patch, from the marauding grabbers and muckers
- potato3732842 2y agoThis. That number just doesn't make sense. Nations get regime changed over far smaller slights.