Message from @Sh0t

Discord ID: 664309867712086073


2020-01-08 03:25:34 UTC  

That ideology never works. I’m not just talking about in movies. I’m talking about real historical events

2020-01-08 03:25:39 UTC  

not at all, it's just fiscal policy. gov has to run deficits, this is one o the smartest ways to do it

2020-01-08 03:25:49 UTC  

@Yusa Europe doesn't struggle, at all.

2020-01-08 03:26:00 UTC  

it's how we operate already, we just spend the money on different things than a country that invests more on people

2020-01-08 03:26:09 UTC  

Oh, Europe is doing this?

2020-01-08 03:26:10 UTC  

only limit to gov spending is inflation and the exchange rate

2020-01-08 03:26:29 UTC  

the inflation part we control with taxation and how we invest it, productivity, not asset bubbles

2020-01-08 03:26:42 UTC  

exchange rate we dont care about because we have the world reserve currency

2020-01-08 03:27:09 UTC  

@Yusa Yes. France, England, Germany, Sweden, Denmark, and more, all of them do social democracy in some capacity, and you can find elements all across the globe.

2020-01-08 03:27:13 UTC  

spending comes first, then taxation. we are a monetary sovereign in a fiat system

2020-01-08 03:27:45 UTC  

we also run a trade deficit because we have the world reserve currency, 'twin deficits', it's a feature of the system. but even non reserve currency states SHOULD act similar

2020-01-08 03:28:01 UTC  

sweden is broken because they tryt o run surpluses, so they have massive private debt

2020-01-08 03:28:02 UTC  

Have you heard of the core of economics? The whole thing that drives it all is everyone’s unlimited wants and limited resources.

2020-01-08 03:28:25 UTC  

If you give everyone an equal portion, they won’t try to improve.

2020-01-08 03:28:50 UTC  

equal portio of INVESTMENT, not market results

2020-01-08 03:28:57 UTC  

investment in humans = healthcare, education

2020-01-08 03:29:11 UTC  

market competition is in a separate sphere, with the goal of wealth production

2020-01-08 03:29:28 UTC  

unlimited growth in a finite system is impossible, so rationing is guranteed

2020-01-08 03:29:51 UTC  

only freebie is the sun for incoming energy and how much waste heat we can radiate away

2020-01-08 03:30:00 UTC  

With that statement, you are assuming that the government knows the best way to educate everyone, even though that has been proven false with the system we have now.

2020-01-08 03:30:14 UTC  

it doent have to 'do the educating' just finance it

2020-01-08 03:30:32 UTC  

@Yusa the poor worker harder for far less benefit than the rich and catastrophic, consistent results. This is indisputable. Self improvement only goes so far against the economic net you're born in.

2020-01-08 03:30:34 UTC  

two separate things, BUT there will be policy ebcause educators and real experts debate it all the time

2020-01-08 03:31:08 UTC  

it could be county by county, with the fedgov takig muni debt on its balance sheet

2020-01-08 03:31:16 UTC  

But they finance it through a pre-approved program

2020-01-08 03:31:17 UTC  

main issue is the monetary sovereign pays for it

2020-01-08 03:31:32 UTC  

that statement is meaningless

2020-01-08 03:31:41 UTC  

Notice the schools they are financing now.

2020-01-08 03:31:51 UTC  

household debt is high because many have big student loans

2020-01-08 03:31:55 UTC  

Public schools and high schools

2020-01-08 03:32:03 UTC  

gov can take those and put on their balance sheets and muni/state debt for education

2020-01-08 03:32:16 UTC  

those work via property taxes, whic is probably a bad idea

2020-01-08 03:32:28 UTC  

monetary soveriegn should pay for education, but the local areas can have control

2020-01-08 03:32:31 UTC  

@Yusa The mere prescence of public education skyrocketing literacy rates alone is indispensable. Charter schools are a con that you saw in Michigan (the purveyor of which is our current Edu Secratary, Devos)

2020-01-08 03:32:36 UTC  

(or not) the policy moves are a different debate

2020-01-08 03:33:13 UTC  

they use the tight purse strings to control the public. it's based on a fallacious econoic argument that many good people believe

2020-01-08 03:33:25 UTC  

good news, it is wrong so there is no danger in gettig rid of those bad beliefs

2020-01-08 03:34:05 UTC  

if you want to crippl eyour future, saddle young adults with massive debt and no healthcare

2020-01-08 03:34:24 UTC  

that might be the POINT of our bad policies, to keep the elites in power

2020-01-08 03:34:36 UTC  

would not surprise me

2020-01-08 03:34:38 UTC  

I personally can testify to the failing of the public education system that the government has financed. You are forced to comply with state regulations