Message from @Arnold Jacobs is legend

Discord ID: 788412822543007764


2020-12-15 14:28:28 UTC  

that cant read

2020-12-15 14:28:30 UTC  

When your purposefully ignoring me

2020-12-15 14:28:42 UTC  

i already stated deficit constraint = recource constraint

2020-12-15 14:28:46 UTC  

Yes

2020-12-15 14:28:53 UTC  

As i said thats when i got excited

2020-12-15 14:28:54 UTC  

display to me how this trade system is not secure

2020-12-15 14:29:03 UTC  

that was the first thing i said you fucking autis

2020-12-15 14:29:06 UTC  

You were getting my argument in part there

2020-12-15 14:29:17 UTC  

you fucking retard scum that was the first argument i made

2020-12-15 14:29:21 UTC  

dipshit

2020-12-15 14:29:24 UTC  

Ive explained several times

2020-12-15 14:29:32 UTC  

Youre just screaming again

2020-12-15 14:29:32 UTC  

your a fucking moron i arleady said that

2020-12-15 14:29:45 UTC  

Keep screaming it doesnt make you right

2020-12-15 14:29:49 UTC  

im getting mad because i made that argument 10 times before you fucking talked to me

2020-12-15 14:30:18 UTC  

If anything i should be the mad one as we finally communicated clearly and you even said “okay dude”

2020-12-15 14:30:25 UTC  

Now you’re purposefully back pedaling

2020-12-15 14:30:32 UTC  

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

2020-12-15 14:30:53 UTC  

your a fucking dipshit

2020-12-15 14:30:56 UTC  

that cant read

2020-12-15 14:31:04 UTC  

You keep trying to straw man my argument to the sources I USED to make a point

2020-12-15 14:31:34 UTC  

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

2020-12-15 14:31:35 UTC  

?

2020-12-15 14:31:37 UTC  

Im not going to keep repeating myself

2020-12-15 14:31:49 UTC  

You never disproved it

2020-12-15 14:31:50 UTC  

holy shit people cant be this stupid

2020-12-15 14:31:59 UTC  

You just keep screaming

2020-12-15 14:32:07 UTC  

It doesnt change anything

2020-12-15 14:32:18 UTC  

WAIT I NEVER DISPORVED HOW RUNNING A DEFICIT(LIKE WE RUN NOW) AND BEING ONA FIAT SYSTEM WOULD NOT MEAN A COLLAPSE OF THE DOLLAR INDEX?

2020-12-15 14:32:20 UTC  

ARE YOU KIDDING ME

2020-12-15 14:32:27 UTC  

your honestly a fucking retard

2020-12-15 14:32:43 UTC  

Look up where you said okay dude

2020-12-15 14:32:59 UTC  

We communicated clearly my point

2020-12-15 14:33:08 UTC  

Now youre trying to back pedal

2020-12-15 14:33:29 UTC  

your a fucking retard im blocking you, you cant fucking read. pls never open your fucking mouth. never talk about economics or debate anyone ever again. i already disporved both of these points. i had to spam something so you can read. fucking read a book retard

2020-12-15 14:33:42 UTC  

Monetary systems will collapse when you have no resources

2020-12-15 14:33:53 UTC  

in order for there to be a collapse of manufacturing there would be a collapse of the dollar index. Like i already said there is no direct 1:1 causation of large deficits a decrease in the dollar index. Again i ask why can japan have a almost double deficit ratio then us but have lower inflation. As for manufacturing(which is real recources) i already stated i agree. that is the constraint of the deficit. MMT agrees this is the response to that article

2020-12-15 14:34:00 UTC  

All you do is keep getting angry

2020-12-15 14:34:08 UTC  

your just a fucking moron

2020-12-15 14:34:11 UTC  

pls stop messaing me

2020-12-15 14:34:15 UTC  

You keep intentionally missing my point