Message from @vbonecrusher1014

Discord ID: 788276218226278400


2020-12-15 05:25:11 UTC  

that could never happen

2020-12-15 05:25:17 UTC  

because we issue our own currency

2020-12-15 05:25:35 UTC  

Having money is worth nothing if you have no means of producing goods or services

2020-12-15 05:25:47 UTC  

Look at the weinmar republics fall

2020-12-15 05:25:51 UTC  

its not i already put a article study on it, taxes do not fund federal programs

2020-12-15 05:26:08 UTC  

They only recovered by increasing tax and cutting spending with the nazis

2020-12-15 05:26:21 UTC  

if you read my copy pasta i legit say real recources is the constraint, if you read any mmt or post keynes that is what they say

2020-12-15 05:26:48 UTC  

What im saying is taxes must fund spending for the us to engage in trade

2020-12-15 05:27:07 UTC  

The us must engage in trade to produce goods and services

2020-12-15 05:27:21 UTC  

petter schiff is a fucking moron who uses nominal terms of debt and deficit and thinks the dollar would have collapsed. i have no intrest in reading anything about this fucking clown.

2020-12-15 05:27:25 UTC  

If you cant produce goods and services the country is broke

2020-12-15 05:27:36 UTC  

For all intents and purposes

2020-12-15 05:27:38 UTC  

read

2020-12-15 05:27:51 UTC  

taxes are used to create demand for the dollar

2020-12-15 05:27:56 UTC  

You aren’t addressing the argument here

2020-12-15 05:28:00 UTC  

Jesus what a response from Bonecrusher. Lol

2020-12-15 05:28:09 UTC  

Get off Schiff for a minute

2020-12-15 05:28:11 UTC  

no i hate him

2020-12-15 05:28:14 UTC  

i dont give a shit

2020-12-15 05:28:15 UTC  

fuck him

2020-12-15 05:28:21 UTC  

Goddamn

2020-12-15 05:28:27 UTC  

You aren’t addressing the point though

2020-12-15 05:28:30 UTC  

May I ask how far into your education you are

2020-12-15 05:28:45 UTC  

A country that cant produce goods or services for its people is bank rupt

2020-12-15 05:28:50 UTC  

About 6 inches if your mom was my education

2020-12-15 05:28:53 UTC  
2020-12-15 05:29:00 UTC  

🤡

2020-12-15 05:29:05 UTC  

Lmao

2020-12-15 05:29:12 UTC  

Grim has 69 degrees

2020-12-15 05:29:17 UTC  

🤡🥳

2020-12-15 05:29:21 UTC  

^^ it's true

2020-12-15 05:29:27 UTC  

your point is taxes fund federal programs i already listed studies debunking that, as for bankrupt, bankrupt in the sense of having no more money not being able to produce. I already stated the constraint of credit expansion is real recources, namely employment.

2020-12-15 05:29:42 UTC  

No thats not my point read what i said

2020-12-15 05:29:53 UTC  

A country that cant produce goods or services

2020-12-15 05:29:55 UTC  

that is what you said

2020-12-15 05:29:58 UTC  

that is what i said

2020-12-15 05:30:11 UTC  

real recources, employment, long run average supply ect

2020-12-15 05:30:13 UTC  

It is possible to fund federal programs without taxes but you damage the currency in the process

2020-12-15 05:30:50 UTC  

The only reason the us is able to maintain its large deficits is due to its reserve currency status

2020-12-15 05:31:04 UTC  

its already been happening this is not something new, the dollar has not collapse and it will not based on a purely monetary phenomenom, i have said this 10 times now i think. REAL RESOURCES IS WHAT MATTERS