Message from @blueorbit
Discord ID: 790772041564422144
Thank you but I just changed my name😂 was beckifaye13
Oh, my bad! Sorry.
Well in that case I take back my friendly wave 😉
😂
I’m a true blue conservative but gosh I’m tired getting my hopes up and they get sank
It will all be fine.
Feels like Groundhog Day, loosing over and over again
I love that movie though
question for you all
@Diablodeathlord, you just advanced to level 2!
Has Joe biden already out classed bill clinton how did kamala harris get vp slot my guess is jill doesn't know bout it yet
Jill doesn’t know anything
Have you seen some older YouTube videos about awkward Joe moments on tv
Joe is swamp we all know if and i hope one of his aids gets the hair sniff treamtmnet they get what they deserve F BIDEN
He will undo all the good
"We’re going to lose so much, you’re going to be so sick and tired of losing"
I’m there already. Now I can’t myself get my hopes up
no good will come from it i'm getting 600 dollars for a new weapon system
Wow I’ve got $600 to spend too and may need that weapon system
You know trump wanted $2000
How do you buy block chain
one link at a time
printing money and handing it to people for doing nothing is not really a conservative principle
Yes I know but you gotta live once in a while
It’s a moving goalposts. It’s not even a liberal principle. It’s a monetary principle. The objection isn’t in printing money and handing it to people. Expansion of the monetary supply through fractional reserves has been practiced for over 50 years. It’s the moral hazard when your expansion is decoupled from measurable results or when you have 3x mandates that are competing with each other.
oh fyi just saw
Your employeer can fire you if you refuse or don
don't get covid vacine
Dear sir, The Penn case before SCOUTUS - if i were the judge - i would have to dismiss it coz the state supreme court has already dealt with all the questions raised here. The Penn State legislature delegate the tasks of running to the Executive (through obviously a piece of delegated legislation). Thus extending time for accepting ballots is solely the Exec prerogative now. Full stop.
fractional reserve goes back much further than 50 years ... what I'm talking about is the fiat currency system and in particular where the federal government issues debt to spend more than it takes in and the federal reserve monetizes that debt (that's the fiat currency part) ... didn't claim it was liberal principle, just that it is NOT a conservative one
The fiat part is that the currency is issued and not based on anything. We do not monetize debt yet. That’s MMT. We just have puts baked into our markets because of all the assets the Fed buys up. I am also fairly certain the US money supply was not expanded through open market operations until recently. Source: I studied economics.
Edit: puts*
I have.
@Diablodeathlord there must be ways not to get it like religious belief or health problems like big time allergies
when the balance sheet goes up that's monetization ... who do you think bought the treasuries?
How could they not have religious exemptions and medical exemptions.
I’m disabled so I can’t get fired but in the next 4 years I could loose Medicare or SSDI because Joe has a past of wanting to cut those
Those are open market operations, not aimed at monetizing debt like MMT. The difference is that monetizations purpose is solely to fund debt. Open market operations can be reversed. And conceivably before Powell, you would expect them to come off balance sheets during the expansions to slow down the economy. It hardly matters though because they said moral hazard doesn’t matter and they have signaled that they have the mandate of low unemployment, strong total cap returns and stable money growth. They can reasonably only focus on one of those.
Joe can’t do anything by himself. Democrats own the house. Seems unlikely.