Message from @Arnold Jacobs is legend

Discord ID: 788402727561854986


2020-12-15 13:48:19 UTC  

i already explained how if the dollar index collapses it would not be a monetary problem

2020-12-15 13:48:57 UTC  

Lol well at least you finally are seeing my argument

2020-12-15 13:48:58 UTC  

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

2020-12-15 13:49:06 UTC  

THATS THE FIRST THING I SAID

2020-12-15 13:49:09 UTC  

Or not

2020-12-15 13:49:09 UTC  

YOU FUCKING MORON

2020-12-15 13:49:14 UTC  

HOLY SHIT

2020-12-15 13:49:18 UTC  

Nope that last message just proved you didnt

2020-12-15 13:49:23 UTC  

again

2020-12-15 13:49:36 UTC  

btw trumps tarrifs failed and he increased the deficit

2020-12-15 13:49:40 UTC  

by a large margin

2020-12-15 13:50:00 UTC  

tarrifs are dog shit, you talk about inflation welp tarrifs would cause that

2020-12-15 13:50:03 UTC  

No they decreased 18% after they actually took effect

2020-12-15 13:50:19 UTC  

not trumps tarrifs more so his trade war

2020-12-15 13:50:21 UTC  

crippled farmers

2020-12-15 13:50:25 UTC  

nothing really got done with it

2020-12-15 13:50:30 UTC  

our trade deficit grew

2020-12-15 13:50:41 UTC  

same delta when it comes to manufacturing jobs pretty much

2020-12-15 13:50:47 UTC  

They fell 74 billion

2020-12-15 13:50:58 UTC  

Even left wing media admits it

2020-12-15 13:51:16 UTC  

The media tries to put a spin on it

2020-12-15 13:51:21 UTC  

But they did fall

2020-12-15 13:51:28 UTC  

i cant post a picture

2020-12-15 13:51:33 UTC  

but the trade deficit grew

2020-12-15 13:51:52 UTC  

https://cdn.discordapp.com/attachments/778884653473857556/788402951990411284/image0.png

2020-12-15 13:52:20 UTC  

It then grew when the pandemic hit the us

2020-12-15 13:52:37 UTC  

The us is almost completely reliant on china for medical equipment

2020-12-15 13:52:47 UTC  

WAIT

2020-12-15 13:52:56 UTC  

THE SCREENSHOT YOU SEND DISAGREES WITH YOU

2020-12-15 13:52:56 UTC  

L;OL

2020-12-15 13:52:59 UTC  

im done

2020-12-15 13:53:02 UTC  

this cant be real

2020-12-15 13:53:03 UTC  

lol

2020-12-15 13:53:13 UTC  

No it doesnt

2020-12-15 13:53:25 UTC  

it sais the trade deal shows weakness, china has failed to act

2020-12-15 13:53:25 UTC  

When the pandemic took place it chsnged

2020-12-15 13:53:33 UTC  

the trade deficit has increased

2020-12-15 13:53:34 UTC  

For obvious

2020-12-15 13:53:37 UTC  

Reasons