Message from @shrub
Discord ID: 371344649089974274
Disgusting
Hang these niggers
holy shit queef read economics
thats so vague
I think Singapore is a good example of what I think the economy should be
What school of economics do you like
Milton Friedman
As in theory
I've dabbled in Austrian
There's a woman wearing a shirt with the CNN logo on it. <:lul:289519788596658187>
Where I work
@the_mrrob Chicagoan?
I know enough to know that raising taxes won't solve anything
^
Ya I guess, since he taught there lol.
thats entry level, do you also know that the federal reserve is the reason for our Inflation-Credit-Debt economy
or start of
Then going of an actual standard
tangible, ie Gold
I see the pros and cons of the credit/debt economy.
It does require you to not be retarded w/ your money.
inflation is so crazy
but it also gives you the greatest opportunity to maximize opportunity for the whole it seems.
they never allow it to naturally deflate like it used to
and wages don't go up with inflation or rarely
So minimum wage etc are fucked than they were in the past and raising that will fuck it up even more
god damn
wages only go up if people complain enough.
The only problem is raising wages is another bit of problems
But here's the thing ... this is a family based economy, not an individualist economy.
With inflation
Economics is never simple
The economy expects you to get your shit together.
Fiat currency isn't an issue
IE: Get married, have kids.
The problem is it's not viable to do that for many people
Fiat is the reason why we had so much innovation in the 20th century
But too many people are not doing this, or progessing to greater things.
that's 20th
It's a choice NOT to do it.