Greg Discovers Capitalism is Bad | Armoured Skeptic Rabbit Hole

[@n0etic_f0x]

You know... he really is the Joker. He knows who the enemy is yet still harms the wrong people. This is often the reason why the Joker is so compelling. He knows that the common man is controlled to do bad things but attacks the common man, kinda like current Greg.

[@chillinsquirtle]

I was still subscribed when he announced this video and commented something like "I hope this video isn't antisemitic" he actually replied to me saying "what are you even talking about" that's when I unsubbed lol

[@hazenoki628]

For someone who's not from the USA he certainly seems obsessed with the place. Much of what he says seems to assume that everyone is American. Also, gold has no more inherent value than dollar bills, it's just a shiny and relatively rare metal that has some fairly useful applications. Yet conspiracy theorists seem to think it's magic and represents "real wealth". It's wild to me.

[@Astrothunder_]

“Has no more inherent value than dollar bills” “Has some fairly useful applications” Dude… what?? Gold is an S tier conductor meaning it will have a place in society even if we one day ditch our primitive “oooh shiny” mindsets. What other useful applications do dollar bills have? Maybe being a buffer zone between hand and asshole when all out of toilet paper?

[@Przemko27Z]

I'm no gold fanatic, but it does generally have "inherent" value as a resource. Much like iron, cobalt or most any other metal. It's not a magic divine source of value, but it's useful. Dollar bills are generally not particularly useful outside of their own currency system. In most cases, an equivalent amount of blank paper would have more non-exchange uses.

[@gomatgo]

money is green green man is green the green man

[@merbst]

True

[@Fahrbot]

Dunno if I mentioned this before, but I’m glad you’re covering this because I really didn’t want to give him views.

[@LordDane1986]

Yeah, I mean there are worse people to give views but Gregg's ego is the size of the Milky Way. He appears to believe he is the smartest person that ever has or will live and... yeah he is not.

[@BaronVonQuiply]

I have a rule about only taking in nonsense third hand and never through direct view on the channel that spawned it.

[@BaronVonQuiply]

07:29 _"Our money is FAKE! It's fucking FAKE!"_ As opposed to that totes real gold and silver that's absolutely not at all comparable to the zinc and copper in our coins because you can trade it for.... gimme a minute.

[@coletrickle1775]

lol

[@OpticonVeritas]

Greg seems to have some Main Character Syndrome going on in regards to his place in this (his) universe.

[@ninjalokust]

I should point this out, he talked at length on his podcast about the illuminati and began becoming...paranoid about being targeted because of what he was "revealing". This whole "my universe...in minecraft" bit could be seen two ways, one he genuinely thinks "they" are after him and by saying that little disclaimer he can avoid being vanished or he is jokingly pretending the previous is true in a post ironic way. The way it plays out though to me sounds more like he thinks the disclaimer will protect him from the conspiracy he is uncovering rather than a knowing nod to how insane the conspiracy crowd sounds.

[@zetsubanned4308]

Armoured Skeptic talks like an AI text-to-speech program

[@drichardbailey]

Dude Greg is REALLY dialing it up on the voice

[@NextToToddliness]

Greg is the crux between Dunning-Kruger & Available Bias. Also, why does he talk like he JUST watched Zeitgeist (2007)?

[@spacejunk8978]

The bit he's doing is because he's a conspiracy nut with Main Character Syndrome. He thinks he's speaking truth so now if anyone with power comes to him he has plausible deniability.

[@kayakat1869]

I really like cities. I lived in a small town, a suburb, and a city, and the city has given me the best quality of life. A good city will also have robust public infrastructure like parks and transportation. The people that think living in the country is the best have never lived in Iowa, because it is actually soul crushing to be so far away from everyone else.

[@Daveforever]

you are just a woman, you don't understand

[@RecRoomPlays]

The suburbs are a recent thing? Has anyone ever introduced Greg to...London?? Which has had suburbs for hundreds of years??? (I'm choosing to ignore the fact that "suburb" itself comes from a Latin word that referred to villas on the outskirts of Rome.)

[@Chatrbuug]

This one actually could get me mad. Greg is worse than someone who only took Econ 101; he's clearly someone who only "heard" about Econ 101.

[@hobosorcerer]

Damn, Armored Skeptic always used to be a bit problematic, but he at least had a lot of good points back in the day. Now it's the opposite.

[@coletrickle1775]

Watching him today, it is so hard to see why I ever watched him at all.

[@Lespaulthrash]

Imagine dropping an ad read right after saying you created the universe.

[@Piterdeveirs333]

I just want to point out that suburbs have existed for 1000s of years. They are not new

[@BaronVonQuiply]

05:22 _"Nobody seemed to notice"_ No one at all noticed that they were all buying a house and planning to sell it at a massive profit to us and move to God's Waiting Room (Florida spelled with 3 Ks somehow) off the money?

[@philskrzyn]

Why are gold standard bros so confident the banks/fed will give them back the gold if some crisis hits

[@Nagoragama]

His Greg Voice is getting worse. He sounds like a damn 1950's radio announcer sometimes.

[@seraphonica]

Whoever is running this gaslighting Greg into thinking he's the world's smartest man-god scheme? I gotta give them credit. Boy is locked in, despite the plentiful evidence to the contrary.

[@merbst]

A home costing 4 years wage!? The $1½ million wood monstrosity underneath the porcelain of the toilet I'm sitting on, disagrees!

[@FrozEnbyWolf150]

Technically gold itself has no intrinsic value either, and only has limited practical use in electronics, dental implants, and artwork. The reason gold is considered valuable is that it's shiny and it's relatively hard to find. In other words, gold is only valuable because it's gold. Rhodium is rarer and more expensive to obtain, but people aren't talking about basing our currency off rhodium.

[@TheGoop22]

it's also malleable, good for jewelry, and doesn't rust like iron.

[@Busto]

Holy smokes!!! I can't believe you guys don't know about StrongTowns!!!

[@merbst]

The plot thickens!

[@IXAX15]

His video is almost all sov cit talking points Jesus Greg wtf man

[@BaronVonQuiply]

23:40 I'm not a banker, so elaborate or correct me, but Fractional Reserve Banking in short means if I deposit $1, my bank can use that to create a $10 loan. If that $10 gets deposited in another bank, that bank can then lend $100 with both banks making interest profits all tracing back to my one dollar. Banks created the first notes, and then later on nations created standardized paper currencies (keep in mind coins predate all of this), but Greg seems to be under the impression that everyone used gold dust until the local bank invented $20s (and more glaringly, that gold has intrinsic value.. like a planet made of gold would be populated with billionaires because everyone's rich).

[@stevendorries]

Yeah, that’s a reasonable understanding of the concept

[@jadetortellini6150]

I don’t think I’ve ever felt as much second hand embarrassment from a KZbinr than I have from him. Not even the slop god himself, Dave. Like his voice, the absolute certainty he has that everything he’s saying is fact. I am physically cringing

[@Tera_totally]

Greg sort of reminds me of Wyatt, the "Average redditor" character that The Slappable Jerk does. Except Wyatt isnt a conspiracy theorist.

[@BaronVonQuiply]

I've seen one video by that guy and left a comment saying that I've somehow encountered that character in real life, and he nailed it.

[@Tera_totally]

@@BaronVonQuiply yeah I met someone just like that irl too, it's weird how accurate it is

[@Jspider56]

Imagine if he'd research anything. I was an econ major I totally know why we have fiat currency but also it's amusing to hear him frame the idea of liquidity as laziness. Having greater liquidity in currency allows us to create the complicated products/organizations we have today.

[@Lespaulthrash]

At least he's urbanist-pilled

[@Thephantom95]

Another Armored Skeptic video??? Oh boy, can't wait to see him putting The Joker in this video about capitalism.....

[@ryaneichelberger7040]

I had a feeling he was referencing the Strong Towns series. The series is actually very good, but Greg is summarizing it VERY POORLY to the point of just not getting it. Like he is noting the issues brought up but ignoring the causes to substitute it for the banks?

[@harrison_williams]

46:52 Jake believes US Government has power over the Federal Reserve. 😂

[@Snowie7826]

You gotta really hate someone to be this fixated on them...

[@Silverwolf387]

I work 10 to 6

[@EricKloeckner]

I'll never understand the gold standard people. Why is gold better than fiat currency? The value of gold fluctuates and can be manipulated just like any other commodity. If someone happens to find a massive pocket of gold or we can eventually mine an asteroid and get huge quantities of it, it would destroy the market. All that matters to most people is that the money they have can buy things they need.

[@syndicalist-0]

Social security is NOT fucking fine. I talk to people every day of all ages on different forms of SSI. its not fine. They are all extraordinarily poor.

[@matheusvagner8367]

He was so close 😂

[@berrywitch8930]

Its giving diet Andrew Ryan.

[@joshuahensley9395]

I'm not sure I can deal with Greg being this coherent.

[@nicodinisi]

7:09 the love of money is the root of all evil this is a go to know it all’s fact checklol

[@TrinityCodex]

the only conspiracy thats mostly true is too niche?

[@SpecialInterestShow]

The only slightly based video he has

[@sanctuaryinc22]

Was he this bad before he dated shoe

[@christophergreen6595]

Fractional banking, not fractal. Megalopolis, not megalatropolis. Dude is so far out of his depth.

[@erica.7231]

most homeless people do not live where those vacant houses are located. illogical nonsense of "well, there is more vacant housing than homeless people" is a pointless statement once you look up those stats

[@brandonrathbone3690]

Most homeless people will live where they can find what they need. Maybe you should stop virtue signaling and concern trolling.

[@erica.7231]

@@brandonrathbone3690 Most homeless people concentrate in highly overpriced urban areas. Did you think about the answer you gave or will you just keep assuming?

[@coletrickle1775]

You mean people don't actually like doing things they don't like to do!?!?!? No waaaaaaay. lmao

[@coletrickle1775]

I work 8 to 4. Same shit as a 9-5.

[@speed0spank]

Oh is THAT why people, no particular kind, ran to the suburbs??? 🤔 Hiw strange that it was almost all the same people.

[@DeathEatsCurry]

Rome absolutely had some level of sprawl, for its time. Yeah obviously they didn't have skyscrapers, but the estimated population density (especially for the time) was extremely high and actually kind of on par with modern cities. They didn't have modern car highways and crazy intersections but the Roman Empire was famous for its infrastructure, including their own ancient version of a "highway" in the form of viae publicae. How capitalist Rome was is up for debate but it definitely had some *crazy* wealth inequality.