In response to economic illiteracy

Discussion in 'Economics & Trade' started by Kenny Naicuslik, May 15, 2017.

  1. Roon

    Roon Well-Known Member

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    No...just no.

    All Ben "Helicopter Money" Bernanke did was re-inflate the bubble. Now it is bigger and potentially more destructive. Your lack of knowledge in the space of economics just never ceases to amaze me.
     
    Econ4Every1 likes this.
  2. Kode

    Kode Well-Known Member

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    Ok that's a crock. You want to present nonsense and you want a discussion of it with adults? LOL!!! Instead of positing BS as though it's common fact, learn to first ask questions to obtain comments and agreement on your ideas.
     
    Last edited: Jun 4, 2017
  3. Kode

    Kode Well-Known Member

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    No matter. That is what we need today, minus the loopholes so that the tax is actually paid, if you are correct (which is unimportant).
     
  4. james M

    james M Banned

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    What we need is more money in the private sector to get the Economye going again and less you want to see kids living in their parents basement until they're 40 years old?
     
    Last edited: Jun 4, 2017
  5. james M

    james M Banned

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    It's not a crock at all either we have a work culture Or welfare culture. No matter how much welfare we already have a liberal will always want more and more people on welfare accordingly liberalism should be illegal in America
     
  6. james M

    james M Banned

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    If so why is Janet Yellen so peaceful and why are the markets so peaceful it's as if you're the only one who knows this tremendous secret
     
  7. james M

    james M Banned

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    The bubble? Are you saying the housing market bubble is about to burst again?
     
  8. james M

    james M Banned

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    They tried that in the Soviet union and Communist China but 120 million slowly start to death. Some might work harderbut the more stolen money to spread around there is the more people will be disinclined to work
     
  9. Kode

    Kode Well-Known Member

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    The private sector has PLENTY of money. They are making profits and stashing it away. Retained earnings are at record highs and you want to give them MORE!

    Wanna get the economy going? Then we need "the employer of last resort" to create jobs by announcing infrastructure projects and funding it with recovered assets from the rich and from corporations.
     
  10. Kode

    Kode Well-Known Member

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    That is just right wing sloganeering and propaganda. Your "work culture" is won by giving more money to those who are wealthy already so they can stash it away with the rest of their money.
     
  11. Distraff

    Distraff Well-Known Member

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    You are confusing high taxes with a government controlled economy. You know the difference right?
     
  12. BleedingHeadKen

    BleedingHeadKen Well-Known Member Past Donor

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    "Recovered assets" means taking from long term investment for short-term, often boondoggle projects. You want to create Venezuela in the US.
     
  13. james M

    james M Banned

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    don't be silly ever heard of Obamacare, Cap nTrade liberals are communists who have 10001 ways to interfere with freedom other than taxes.
     
  14. james M

    james M Banned

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    No, Venezuela was just a fluke; socialism usually works!! Don't know why Red China switched to capitalism just because 60 million had slowly starved to death!! If they had just hung on a little longer the beauty of libcommieism would now be apparent to all!!.
     
  15. james M

    james M Banned

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    no idea what you are trying to say? The work culture is won by capitalism, the welfare culture by libsocialism. Make sense now?
     
  16. james M

    james M Banned

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    totally 1000% subjective. You are not the king Nazi who gets to decide when someone has enough money
    . Billionaires want to move up on the billionaires list and ghetto kids want an apartment outside the ghetto both are equally ligitimate goals, both are far richer than people in Africa..
     
  17. james M

    james M Banned

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    wrong I am not a libNazi who wants to be empowered like an evil God to give people money. I want capitalism and freedom where every individual freely decides to whom he gives his money.
     
    Last edited: Jun 4, 2017
  18. james M

    james M Banned

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    you have learned 62 times now that spending on a bridge stimulates and taxing to pay for it destimulates so that no net gain is possible.

    Obviously if that worked economists would know it and all economies would always be going!!

    Shall we go for 63???
     
  19. james M

    james M Banned

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    wrong of course the USA relies more on the top 1% for revenue than any other country ( top1% pay 40% of taxes) and what is the liberal solution: tax the top 1% even more for even more welfare and one day we promise it will finally be enough!! In fact, its never enough for a libecommie!! They don't have the brains for any other policy so this will always be their only policy.
     
    Last edited: Jun 4, 2017
  20. Econ4Every1

    Econ4Every1 Well-Known Member

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    Add me to that list....
     
  21. Econ4Every1

    Econ4Every1 Well-Known Member

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    The amount the government has spent and the amount it has taxed back is not equal. The government has taxed back $13 trillion less than it's spent since 1900. Since people in the private sector earn those dollars as income, the private sector is +$13 trillion, so in fact, there has been a large net gain.
     
    Last edited: Jun 4, 2017
  22. james M

    james M Banned

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    the list of people who think there is a bubble worse than housing bubble?? Please tell me where it is so I can invest and make billions!!
     
  23. james M

    james M Banned

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    so the govt printed an extra $13 trillion, spent it, did not inflate prices, and we are magically $13 trillion richer?
    So why not print $100 trillion tomorrow and be richer still? Why not tell Africa to print $500 trillion and be done with poverty once and for all? See why we have to be positive that liberalism is based in pure ignorance? Is any other logical conclusion possible?
     
  24. Kode

    Kode Well-Known Member

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    That's what I said. I guess it went over your head.
     
  25. Kode

    Kode Well-Known Member

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    The richest 85 people in the world have more money than the entire bottom half. At a hedge fund return of 5% Bill Gates' income from his money is about $60 million per week. Don't tell me I don't know what I'm talking about.
     

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