ALL HAIL PRESIDENT TRUMP
" The problem with socialist style central banking and currency supply mixed with limited terms of presidents/parties is that it's in the current parties favor to inflate the shit out of the currency to defer the bubble to the next poor slob in office to deal with the crash. Not to mention inflation is a way of taxing people without them really noticing for a year or 2 after the fact and most idiots blame the business owners for raising prices instead of the government devaluing the dollar. Trump is inheriting a giant bubble caused by Obama's fed and he's gonna have to own it because he's owning the economy now which I think is a mistake. The last fed chairman just left and shittalked the market to spite trump and that's why the market crashed a bit. Even if the fed plays along with trump and shits up the economy so the next democrat in office inherits the biggest bubble ever I don't actually think they can defer it long enough for that to happen. And the saddest part is when the crash comes, the left will blame deregulation and capitalism on it instead of this crazy Keynesian shit and fed. And since the left controls all mainstream media that's gonna be the way 90% of america views it (yes fox news is controlled opposition). |
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^ Yup
@Scrotie: Can you tach me how to delete posts? XD " Accuracy is less important than recognizability (in this case). Meme Canada, meme Canada It seems that everything's gone wrong Since Trudeau came along Meme Canada, meme Canada They’re not even a real country anyway Seems like a worthwhile endeavor; unlike the cartels, at least Canada’s still playing the same game. Devolving Wilds
Land “T, Sacrifice Devolving Wilds: Search your library for a basic land card and reveal it. Then shuffle your library.” |
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 When Stephen Colbert was killed by HYDRA's Project Insight in 2014, the comedy world lost a hero. Since his life model decoy isn't up to the task, please do not mistake my performance as political discussion. I'm just doing what Steve would have wanted.
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" Everybody want to spend and nobody want to foot the bills. That is a political problem not economics. Most mainstream economics mainly advocates a balanced budget. Not spend, spend and spend. That isn't Keynesian. PS: How will it benefit you to raise taxes and balancing the budget if it doesn't benefit you. Rather it help the next guy which could be your political opponent. It doesn't. There is no motivation to balance it. Not Bush, Not Obama, Not Trump. Last edited by deathflower on Feb 8, 2018, 4:57:55 PM
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I can't even understand your post, you reduce everything I say to some one-liner that doesn't adress anything I say and then even if it did you wrongly say it's not economics.
About your PS, that's the beauty of control over a central currency. You don't have to balance the budget to pay for things, you just print more money to pay for it. And after that money goes into circulation everyone is that much poorer as the dollar is devalued, it's a form of taxation but behind smoke and mirrors that 99% of people won't see through. What this does is creates a bubble (what economic illiterate leftists like to call the capitalistic boom and bust cycle), like we saw with the last recession were the fed artificially controls interests rates (as far from capitalist as you can get) and allow people who had ZERO business buying homes to get risky no money down loans with virtually no interest and the market just fucking popped because all these people who would never get a loan in a free market ... surprise surprise ended up not being able to pay or keep up and going bankrupt. All the money from those loans coming out of thin air (inflation). And if you are in office what you want to do is constantly prop up the market before a crash until you get out of office and let the next guy deal with it if you can. The problem of course is the longer you prop up the market with inflation the bigger the bubble is and worse things are. Inflating the currency to pay for programs you don't have tax revenue for, and propping up a market is NOT balancing the budget lmao. |
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" Because an economic solution is simply to balance the budget, an political consideration is not to balance the budget. And you keep stacking up debt. Political considerations is the major influence in your economic reasoning and wasteful spending lies in the eye of the beholder. Waste be damn. Most government spending involves losses to the taxpayers and gains to the recipients of the spending. Economists may judge a program wasteful, but the recipients will vigorously disagree! Politicians should intentionally run a big budget deficit, it is stupid not to and kick the can down the road. That deficit is not big enough. And republicans are worse at balancing when they not only increase their deficits, they cut their revenue with their tax cuts and tax breaks. It wouldn't balance no matter how you look at it. It is a deficit fraud to bribe voters and themselves with tax cuts and tax breaks. Nobody is interested in balancing the budget lmao. |
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What is this weird dichotomy you keep bringing up with economics and politics, and then always bringing up a budget when it was never part of the discussion to begin with. You sound like some fed official talking to CNN/Fox with some word salad crap to satiate their audience.
Im done Trump 2020 white sharia build a wall along canadian border not mexican |
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" Both parties are responsible for the national debt. Don't bring that up if people doesn't wanna admit the truth. |
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Can you believe the Uncle Tom bullshit that comes out of Ben Carson's mouth?
"Talk about encouraging self-loathing. Arguably child abuse. When Stephen Colbert was killed by HYDRA's Project Insight in 2014, the comedy world lost a hero. Since his life model decoy isn't up to the task, please do not mistake my performance as political discussion. I'm just doing what Steve would have wanted. Last edited by ScrotieMcB on Feb 10, 2018, 11:02:42 PM
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ROFL!
Censored.
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