Message from @vbonecrusher1014
Discord ID: 788402225851793408
Oh well im happy, he admitted resources are a constraint 🤡🍻
To be fair, he admitted it a few times
But it was weighed down by everything else he kept saying
Ill talk to him lol he’s probably fuming
I set the automute time to 5 hours lol
So he will have time to relax.
Eh he just blocked me when i tried to explain the broader picture I was trying to get across as to why the US cant just keep printing money to fund federal spending as its outsourcing currency
I guess since he blocked me i wont see his messages anymore anyway
Well @vbonecrusher1014 if you do unblock me and see me here again I think the reason you keep getting so mad is we agree on so much- yet have different interpretations. For an olive branch I get you are playing with a strict definition of bankruptcy and I agree in that monetary sense. Feel free to dm me later ig? I’m a not a financial expert by any means, but I’m tying my argument to production and the inverse effect taxes has on GDP- and why in the US’s case with the debt it already has it would cripple the country in both a trade sense and production sense to keep printing money rather than taking taking in shares of the production.
I mean its part of the reason I loved trump so much for taking so much of our manufacturing dependence back, the man is brilliant in my opinion and is able to see the risk it creates for situations like this.
i have explained this like 10 times yet you refuse to read. I will unblock u on the condition you read my argyuuments
@Arnold Jacobs is legend you have not explained how the debt cripples the us, i already explained how this fear of the dollar index collapsing would not be a monetary problem. As for being reliant on other countries. Unless you want massive inflation and a reccesion by all means bring these jobs back the us.
a depression actually
I did
lol and donald trump increased the deficit more then any other president
Well i tried to have discussion with you
Oh well
lol you didnt? you argument boils down to the us is reliant on global trade so debt bad
i already explained how if the dollar index collapses it would not be a monetary problem
Lol well at least you finally are seeing my argument
yes i am aware and 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 said this here
THATS THE FIRST THING I SAID
Or not
YOU FUCKING MORON
HOLY SHIT
Nope that last message just proved you didnt
again
btw trumps tarrifs failed and he increased the deficit
by a large margin
tarrifs are dog shit, you talk about inflation welp tarrifs would cause that
No they decreased 18% after they actually took effect
not trumps tarrifs more so his trade war
crippled farmers
nothing really got done with it
our trade deficit grew
same delta when it comes to manufacturing jobs pretty much
They fell 74 billion
Even left wing media admits it
The media tries to put a spin on it
But they did fall