Message from @vbonecrusher1014
Discord ID: 788251189480914945
woah relax
I'm a big supporter of freedom of speech
Even if it makes people uncomfortable
That includes the N word
But N word wasn't directed at you
I was just asking Chaos
federal programs are funded by the fed typing a number into a computer, we can do this because we are monetarily sovreighn. This means we issue our own currecny, we have a fiat system(no gold standard its ew), most our debt is owned in our own currency, and we are the reserve currency(just a extra part)
okay now let me read your thingy
i study econ so sorry if it gets confusing
but you are a nurse
so you very smart lady
No
I'm a drug dealer
In pharmacy
big pharma
i mean still smart
but thanks ig lol
https://youtu.be/fg0R9Ye2ovM this vid is good
So I'm trying to understand what you're saying. You're saying the debt doesn't really matter all that much in the long run because the fed can just make more money, so we should go ham and pump it into the economy somehow ?
Lmao I'm trying to summarize
I didn't study econ in uni
i am saying the deficit and the debt do not matter in nominal terms or ratio terms
as in 27 trillion
or 100 percent og gdp
of
Okay and how does that relate to the type of economy you want to see
Happen
like i said the question of taxes dont matter
idk if u know but the first question asked on free college is how do u pay for it
many conservatives say but that requires more taxes
ect ect
Yeah so I would say it requires more taxes, but I think it needs to be looked into where those taxes are going specifically
it does not
And if it's local, that wouldn't be federally funded right ?
if its state funded then you need taxes
federal no
we are not at full employment inflation is not a issue right now
once we start to reach full employment then we should stop increasing
So you're saying it should move to being funded federally
rather than state