70% of the economy is products

They need manufacturing

THE US DOES NOT RELY ON OTHER COUNTRIES OWNING US TREASURYS TO FUND PROGRAMS. I HAVE LINKED A REPORT/STUDY ON THIS AT THIS POINT YOU HAVE NO IDEA WHAT YOU ARE TALKING ABOUT. THERE IS A REASON WHY PETTER SCIFF GOT FUCKING GANG RAPED IN 2008 BECAUSE HE SHORTED THE DOLLAR AND THINKS THE GOLD STANDARD IS

It all goes back to deficits only work when countries have faith in the production

holy shit

i cant

wow

Im starting to wonder why other servers banned you lol

yes you are talking about the dollar index

Lol stop cursing and address the argument

i did

you are saying the dollar index will collapse because we are expanding credit at a massive rate

No you didnt im talking about cause and effect with manufacturing

Thats not all im saying

Im saying that collapse will have devastating effects on trade

Which will have devastating effects on manufacturing

Which will have devastating effects on the consumer products

Which is 70% of the economy

All those jobs will vanish

A country without production or goods is dead or effectively bank rupt

Again the same thing happened to the weinmar republic

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

And they only remedied it by hiking taxes and cutting expenses

And its an ideal example as the weinmar republic was burdened with foreign debt from the war

holy shit

I AGREE REAL RECOURCES IS A CONSTRAINT

Quit cursing and address the point

Finally were getting somewhere lol

And there you go

Now quit spamming

This is why he gets banned from servers.

You just admitted resources are a constraint lol

Disabled direct messages

Huh

Dont spam my server and immediately DM me to justify yourself.

Asshole

.-.

Lol oh i think hes trying to dm me lol

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