Message from @The Chosen One
Discord ID: 794843028120141824
Sure it’ll lower the value of the dollar but honestly we need to get inflation going straight then maybe that’s the only way unless the businesses can reopen or we stop spending massive buck and losing money because the government spends way too damn much
But the price raise is usually a few cents
It was a liberal so understandable
Printing money is a good way to get hyperinflation
Youll never believe this but I got the highest grade in my economic class :/
I feel bad for the other students
If I can’t really keep up with seemingly other average people then idk how the others in my class would handle economic problems
Tbh I’m partially studying economics
Alright, I did do some research. Small raises in minimum wage can actually reduce prices. Wack. Not what was taught by my economics class, that’s for sure 😂
Economics works in strange and mysterious ways
Wait wtf
Let’s become germany in the 1920’s lol
Honestly whose idea was it to make economies so confusing?
The big thing is, don’t raise minimum wage like a bull in a china shop
Now the real debate is whether to tie the minimum wage increase to cost of living, inflation, or to a mix of the two. Either way they are very similar
Economics isn’t something someone made, not really. More like it made itself. It’s almost like a living being. We must study it, to understand how it works
Perhaps the average of them
That sounds good. I mean, you could argue cost of living is more important, but at the same time it is mainly affected by inflation. Average of the two would probably be best
IMO the best way to save the economy has always been the same. GOVERNMENT STOP SPENDING SO MUCH DAMN MONEY!
Last I check I think they spend 4 trillion a year. A trillion alone would take 31.7 thousand years to count
Oh what I wouldn’t give to be a merchant during the time of the medieval trade routes
Unless you’re a computer
No shit
But yeah 4 trillion IS TO DAMN MUCH!
I mean that’s about a fourth of the us’s gdp
😃🔫
You know if we cut social security that’d cut out a whole 1 trillion right there.
I’d be a doctor. Nobody knew anything about medicine so doctors were trusted even though 99% of their practices was bullshit.
“Yep, there’s ghosts in your blood. I’ll let the blood drain from your arm for an hour and then when that’s done do some cocaine about it”
Ngl that’d be pretty fun
But not as beautiful as plotting trade routes across the Mediterranean
If I became president I would push to cut that shit so badly because ending the debt would be my goal
Except you can’t really
Social security is non discretionary spending
I’d rather drink all day, prescribe cocaine and alcohol as I make up shit and watch people bleed
Oh you make it so tempting
Wait so I can I do that as a doctor? That’s tempting but extremely fucked up
You know the social security program would’ve been better if instead of just dipping into it and spending it all, the government had invested the money into the stock market
Ending debt would be near impossible in the foreseeable future without a huge raise in tax
Like a mandatory 401k