Message from @meglide
Discord ID: 791093359917006870
I don't think so... She did a pretty good job, I thought, of explaining that when it comes to the federal government spending that current models seem to ignore that federal deficits have a corresponding benefit on the other side of the balance sheet. I am paraphrasing in my layman's terms, of course.
Stimulus for the rich.
Also keep in mind, when you increase inflation, it screws everyone.
What doesn't exists? Currency represents value, right? If our economy has continually grown, that value is represented somehow.
There may not be enough stimulus to inflate demand.
Price inflation of goods translates to the dollar meaning less, which anyone that stores money in fiat form gets screwed.
They just keep changing the way that they define inflation...
Not really..?
Clearly understood.
Inflation has several indexes. For example CPI or consumer price index vs PPI or producer price index.
Big Mac Index.
Lot of ways to define it.
Maybe I should say indices but I think either is correct. In finance they usually say indices.
Burgernomics just sounds more tasty.
Big Mac index is actually a measure of purchasing power parity but same principle. I mean I would give you at least 3/4 points on a test for that answer.
But increased margins!
If you are serious about MMT @TaLoN132 then go read monetarist ideas about money. Have an actual balanced debate in your head.
Just my thoughts.
I'm not watching BTW
add this to the list of things I never thought I would see or hear: https://www.cnn.com/2020/12/22/politics/pat-robertson-trump-2020-election/index.html
when an evangelist tells you your reality is too alternative.....
it might be time for haloperidol.
televangelist, no less
is that better or worse?
in terms of "reality connected"?
less reality connected
President Trump is calling bullshit on this bill
OBE ... Wisconsin Supreme Court ruled that voters could decide for themselves whether they were indefinitely confined or not ... so those votes stood as legitimate
Just because they can doesn't mean that they should!
It is being rumored that the Georgia legislature is planning to pull the certification of the Biden votes
yeah but he won't veto it
They should!!!!!!!!!!!!!
@Saxson, you just advanced to level 3!
they?
@Liberty or Death they should!!!!!!!!!!!!!!!!!!