Message from @vbonecrusher1014

Discord ID: 788408302325071924


2020-12-15 14:10:19 UTC  

if you want to talk about sovreighnty in production we can

2020-12-15 14:10:27 UTC  

That was never my argument

2020-12-15 14:10:39 UTC  

As ive told you a thousand times cause and effect

2020-12-15 14:10:57 UTC  

Money has no purchase power if there is no production

2020-12-15 14:11:13 UTC  

Look at my argument

2020-12-15 14:11:16 UTC  

THIS ARTICLE IS TALKING ABOUT A DOLLAR COLLAPSE BASED ON OUR FIAT SYSTEM

2020-12-15 14:11:18 UTC  

Not just the source

2020-12-15 14:11:27 UTC  

why would you link this and then say im not talking about monetary policy

2020-12-15 14:11:29 UTC  

I used the source to convey a point lol

2020-12-15 14:11:39 UTC  

why would u say things like the us outscources money

2020-12-15 14:11:40 UTC  

Cause and effect

2020-12-15 14:11:55 UTC  

so you linked a article making a point your not making?

2020-12-15 14:11:58 UTC  

why would u do that

2020-12-15 14:11:59 UTC  

?

2020-12-15 14:12:00 UTC  

Debts are investments in economic growth

2020-12-15 14:12:10 UTC  

It does make my point

2020-12-15 14:12:35 UTC  

It shocks me we finally agreed and now youre trying to back spin

2020-12-15 14:12:52 UTC  

https://schiffgold.com/key-gold-news/yale-economist-warns-of-dollar-crash/ THIS ARTICLE IS MOSTLY ABOUT THE DOLLAR INDEX COLLAPSING BASED ON LARGE DEFICITS

2020-12-15 14:12:58 UTC  

WE JUST WENT OVER YOU ARE NOT MAKING THIS ARGUMENT

2020-12-15 14:13:07 UTC  

What has enabled this over the years has been the world’s willingness to hold US dollars as the primary reserve currency and to continue to loan money to Americans and to the US government so we can continue to live beyond our means. We can have enormous government programs that we don’t pay for and we can consume all kinds of goods that we don’t manufacture, and we can live in an economy based on consumption and debt without having to save or produce. The world has done that for us. And I think this is what’s going to come to an end. I think we’re going to see a collapse in the value of the dollar, and when the dollar does collapse, America’s power is going to dissipate. And Americans are going to have to deal with the reality that we’ve hollowed out our infrastructure; we’ve been living beyond our means. And there’s going to be a day of reckoning for these years of excesses.”

2020-12-15 14:13:09 UTC  

this is from there

2020-12-15 14:13:24 UTC  

I’ll say this one last time- the US production is too heavily reliant in almost complete cases on intermediate resources

2020-12-15 14:13:37 UTC  

It must trade to produce as ive said a thousand times

2020-12-15 14:14:09 UTC  

I told you in a strict monetary numbers since what you said works- but that isnt the layout of the us economy

2020-12-15 14:14:16 UTC  

ok i know your argument now, just remember thisis a pivot, you linked a article and said the us cant continue to export money. when you link a article that is saying the dollar will collapse because of large deficits, i get the idea that is the argument you are making.

2020-12-15 14:14:37 UTC  

want to get in vc?

2020-12-15 14:14:42 UTC  

Its not a pivot ive been trying to say that all along

2020-12-15 14:14:47 UTC  

WHAT

2020-12-15 14:14:48 UTC  

AGAIN

2020-12-15 14:14:51 UTC  

Yes

2020-12-15 14:15:01 UTC  

YOU JUST WENT OVER YOU ARE NOT SAYING THE DOLLAR WILL COLLAPSE BECAUSE OF LARGE DEFICIT SPENDING

2020-12-15 14:15:05 UTC  

its impossible

2020-12-15 14:15:06 UTC  

“We must trade to produce”

2020-12-15 14:15:07 UTC  

for that to happen

2020-12-15 14:15:12 UTC  

Ive said that since the beginning

2020-12-15 14:15:18 UTC  

ok dude

2020-12-15 14:15:25 UTC  

if you said that then i have been adressing your point

2020-12-15 14:15:48 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 i talk about it here

2020-12-15 14:15:53 UTC  

Ive been trying to tell you we agree on so much and thats why we keel screaming

2020-12-15 14:15:56 UTC  

*keep