Message from @Sam Anderson

Discord ID: 550098395780349972


2019-02-26 23:28:32 UTC  

looks like its time to get off general *economics*💤

2019-02-26 23:28:35 UTC  

This is how jews win. You literally cant think about how they maintain power without falling asleep. Joking but also not.

2019-02-26 23:28:55 UTC  

I like ecenomical discussion. I find it fascinating

2019-02-26 23:29:04 UTC  

there was once a man who had his country's currency backed by labor/service

2019-02-26 23:29:18 UTC  

I like the economy of motion involved in pull ups

2019-02-26 23:29:23 UTC  

My theory? Trash economy. Use little cubes of trash as currency. Everyone becomes rich, pollution ends.

2019-02-26 23:29:32 UTC  

Pull ups are so rare they should be currency

2019-02-26 23:29:35 UTC  

@Flint I just got to the gym myself 😂

https://cdn.discordapp.com/attachments/481597551272001546/550097125619269635/image0.jpg

2019-02-26 23:29:49 UTC  

showoff

2019-02-26 23:30:07 UTC  

I'm actually going right now as well.

2019-02-26 23:30:14 UTC  

I have to wait until about 7pm so the after work crowd leaves

2019-02-26 23:30:59 UTC  

Sitting on benches forever, not rackong weights, doing cardio all up on you

2019-02-26 23:31:12 UTC  

I should probably go to the gym. Ive always stayed pretty thicc without exercise so i havent had the motivation since high school

2019-02-26 23:31:37 UTC  

I'll get too thin if I don't eat and work out

2019-02-26 23:32:19 UTC  

@Grayson I had one hell of a back workout last night. Feels good man. Imma have to arm wrestle u at LOPF

2019-02-26 23:32:46 UTC  

In order for economy to stay afloat more loans must be issued than currently exist in order to provide the money to pay the interest on existing loans.

2019-02-26 23:33:13 UTC  

Fractional reserve banking

2019-02-26 23:33:16 UTC  

@FACINEMA 😅 no please don’t because you’ll definitely win !

2019-02-26 23:34:26 UTC  

That means all economic activity is ultimately directed by banks. That means more power lies with banks than with governemnt (since banks are also largest political donors)

2019-02-26 23:34:37 UTC  

Wut

2019-02-26 23:35:32 UTC  

Dr Phil is still a thing? These cat ladies, bro...

2019-02-26 23:35:34 UTC  

Epic

2019-02-26 23:35:45 UTC  

They will listen to anyone won't they?

2019-02-26 23:35:58 UTC  

The closer a business is to banks the more it benefits from the volume coming from the money creation spigot. That means salary and investment in proximity to banking activity will always been weighted higher than peripheral activity

2019-02-26 23:36:42 UTC  

Woah woah @Perihelion - CA cool it with the anti semitic remarks

2019-02-26 23:36:46 UTC  

So what you're saying is infinite growth or bust?

2019-02-26 23:38:03 UTC  

Infinite inflation is a transfer of wealth from those not in connection to new loans to those recieving new loans. Even if you dont play, you still pay.

2019-02-26 23:38:49 UTC  

Economic advantage is always to the new loan takers who are chosen by lenders.

2019-02-26 23:39:13 UTC  

Give it to me straight, doc, is our economy doomed?

2019-02-26 23:39:18 UTC  

Yes

2019-02-26 23:39:24 UTC  

No. You dont kill the milk cow.

2019-02-26 23:39:30 UTC  

Keynesian economics doesnt work

2019-02-26 23:39:51 UTC  

Its a power structure

2019-02-26 23:39:53 UTC  

We will eventually hit massive levels of inflation

2019-02-26 23:40:06 UTC  

QE90

2019-02-26 23:40:25 UTC  

Maybe. Only if they want to roll out a new policy

2019-02-26 23:40:39 UTC  

No doubt theyll f it up eventually but not by necessity

2019-02-26 23:41:44 UTC  

I think the fed was a massive mistake

2019-02-26 23:41:45 UTC  

Andrew Yang knows the way

2019-02-26 23:41:58 UTC  

Its a genius rigged game where you cant not play