Message from @the_mrrob

Discord ID: 371344659647299606


2017-10-21 17:08:36 UTC  

Hang these niggers

2017-10-21 17:08:50 UTC  

holy shit queef read economics

2017-10-21 17:08:53 UTC  

thats so vague

2017-10-21 17:08:54 UTC  

I think Singapore is a good example of what I think the economy should be

2017-10-21 17:09:03 UTC  

What school of economics do you like

2017-10-21 17:09:10 UTC  

Milton Friedman

2017-10-21 17:09:11 UTC  

As in theory

2017-10-21 17:09:20 UTC  

I've dabbled in Austrian

2017-10-21 17:09:27 UTC  

There's a woman wearing a shirt with the CNN logo on it. <:lul:289519788596658187>

2017-10-21 17:09:38 UTC  

Where I work

2017-10-21 17:09:44 UTC  

@the_mrrob Chicagoan?

2017-10-21 17:09:47 UTC  

I know enough to know that raising taxes won't solve anything

2017-10-21 17:09:53 UTC  

^

2017-10-21 17:09:56 UTC  

Ya I guess, since he taught there lol.

2017-10-21 17:10:16 UTC  

thats entry level, do you also know that the federal reserve is the reason for our Inflation-Credit-Debt economy

2017-10-21 17:10:21 UTC  

or start of

2017-10-21 17:10:50 UTC  

Then going of an actual standard

2017-10-21 17:10:55 UTC  

tangible, ie Gold

2017-10-21 17:10:57 UTC  

I see the pros and cons of the credit/debt economy.

2017-10-21 17:11:03 UTC  

Oil is a shit one to base ours on

2017-10-21 17:11:06 UTC  

It does require you to not be retarded w/ your money.

2017-10-21 17:11:18 UTC  

inflation is so crazy

2017-10-21 17:11:18 UTC  

but it also gives you the greatest opportunity to maximize opportunity for the whole it seems.

2017-10-21 17:11:27 UTC  

they never allow it to naturally deflate like it used to

2017-10-21 17:11:34 UTC  

and wages don't go up with inflation or rarely

2017-10-21 17:11:51 UTC  

So minimum wage etc are fucked than they were in the past and raising that will fuck it up even more

2017-10-21 17:11:52 UTC  

god damn

2017-10-21 17:12:06 UTC  

wages only go up if people complain enough.

2017-10-21 17:12:20 UTC  

The only problem is raising wages is another bit of problems

2017-10-21 17:12:25 UTC  

But here's the thing ... this is a family based economy, not an individualist economy.

2017-10-21 17:12:26 UTC  

With inflation

2017-10-21 17:12:30 UTC  

Economics is never simple

2017-10-21 17:12:33 UTC  

The economy expects you to get your shit together.

2017-10-21 17:12:39 UTC  

Fiat currency isn't an issue

2017-10-21 17:12:40 UTC  

IE: Get married, have kids.

2017-10-21 17:12:54 UTC  

The problem is it's not viable to do that for many people

2017-10-21 17:12:55 UTC  

Fiat is the reason why we had so much innovation in the 20th century

2017-10-21 17:12:57 UTC  

But too many people are not doing this, or progessing to greater things.

2017-10-21 17:13:09 UTC  

that's 20th

2017-10-21 17:13:09 UTC  

It's a choice NOT to do it.

2017-10-21 17:13:13 UTC  

this is 21st le current year