Message from @Arnold Jacobs is legend
Discord ID: 788412271570321448
and the one you think you are making
I told you in a strict financial numbers since what you said works- but that isnt how the real world works
You admit yourself resources are a limitation
that statment alone makes no sense, agian you have not stated how this trade system is not secure.FOR THE 6TH TIME IF WE GET OFF THIS SYSTEM THE US WOULD COLLAPSE
AGAIN
Now ive said a thousand times how the resources would dry
I SAID THIS
And you fail to see that purposefully
If there are no more goods or services money has no purchasing power
Hyperinflation
holy shit, this debate was first about our deficit, again display to me how running a deficit( not taking into account real recources) would cause a collapse of us trade, making our trade system and our monetary system not safe.
As i said it happened in the weinmar republic
I have several times you even said “okay dude” and got my argument earlier
Im not going to keep back pedaling for you
THE ARGUMENT YOU ARE MAKING ABOUT REAL RECOURCES I MADE ALREADY
your just a fucking retard
that cant read
When your purposefully ignoring me
i already stated deficit constraint = recource constraint
Yes
display to me how this trade system is not secure
that was the first thing i said you fucking autis
You were getting my argument in part there
you fucking retard scum that was the first argument i made
dipshit
Ive explained several times
Youre just screaming again
your a fucking moron i arleady said that
Keep screaming it doesnt make you right
im getting mad because i made that argument 10 times before you fucking talked to me
If anything i should be the mad one as we finally communicated clearly and you even said “okay dude”
Now you’re purposefully back pedaling
vbonecrusher1014Yesterday at 7:40 PM
taxes are used for 2 things. For deflationary purposes, and to create demand for the dollar. Notice how "to fund government spending" is not one of them. Hypothetically speaking the us can fund programs without needing tax dollars. In order to do the united states expands credit and auctions us treasury bonds. With that in mind it is also important to understand that the debt, nominally, and even debt(deficit if you want)/GDP are not important figures of finding out our "ceiling" of what we can spend. In order to find this ceiling we must look at inflation, and if we are looking at inflation or rather;how much can we increase aggregate demand without increasing inflation past 2 percent(the feds goal), we must focus on real recourses. This dichotomy flips our political system on its head. Politicians (mostly republicans at this point) use the debt as a dog whistle so that they can block any social programs then go on to push for military budget increases and tax cuts that dis proportionally aid the wealthy. this is a copy pasta i use
MystikaYesterday at 7:40 PM at 10 40 i made this argument at 11 35 you sent me the article from schiffgold
your a fucking dipshit
that cant read
You keep trying to straw man my argument to the sources I USED to make a point
YOU MADE A POINT WHICH I DISPROVED YOU FUCKING IDIOT. AGAIN I ASKED YOU THIS 10 TIMES ARE YOU MAKING THE POINT THAT WAS MADE IN THE ARTICLE
?
Im not going to keep repeating myself
You never disproved it