Message from @Jack Mehoff

Discord ID: 612992409701449729


2019-08-19 12:50:41 UTC  

The fires of Moloch

2019-08-19 12:50:42 UTC  

i might go load that bad boy up

2019-08-19 12:50:42 UTC  

Lel, what do you need humanity or fire for? Talk to Yuria, she'll hook you up with them dark sigils

2019-08-19 12:51:12 UTC  

@Jack Mehoff the void stared back, he ^^

https://cdn.discordapp.com/attachments/471844105463529472/612991959824334868/co-and-if-you-gaze-long-into-an-abyss-the-32061311.png

2019-08-19 12:51:24 UTC  

Thas racis

2019-08-19 12:51:29 UTC  

When you forget to kill the golden night in DS1 and get Londo to be the spooky fucking londo version believe me, you dont miss it for some time

2019-08-19 12:51:49 UTC  

Neither blighttown nor the run back from these very far edges of the lava realm

2019-08-19 12:51:54 UTC  

*Anyway*, what is this negative interest nonsense?

2019-08-19 12:51:57 UTC  

That was straight up cancer

2019-08-19 12:52:12 UTC  

Well it's how we stop society collapsing dontcha know

2019-08-19 12:52:16 UTC  

Man do you want to get into it? I feel like Ben has not gotten what I meant

2019-08-19 12:52:18 UTC  

What kind of backwards AOC level economics has been going on this night?

2019-08-19 12:52:33 UTC  

Okay kids, wanna go on a journey back this chat room?

2019-08-19 12:52:40 UTC  

It all started when.....

2019-08-19 12:52:41 UTC  

The kind that make Sowell cringe

2019-08-19 12:52:42 UTC  

No, give me the short version.

2019-08-19 12:52:42 UTC  

if you do backwards level economics, you can travel backwards in time !

2019-08-19 12:52:48 UTC  

Nah lets cut the crap

2019-08-19 12:52:56 UTC  

Yeah, right back to the USSR.

2019-08-19 12:52:57 UTC  

you can explain what you meant, maybe i havn't fully grasped what you meant when you said you expect the fed to go negative interest

2019-08-19 12:52:59 UTC  

@conker. We go from first world to third world

2019-08-19 12:53:04 UTC  

see !

2019-08-19 12:53:18 UTC  

Ben is concerned about increased govt spending (rightly so), especially the spending regarding the welfare system

2019-08-19 12:53:28 UTC  

THAT'S progress, according to libtards <:lolz:480186121897377792>

2019-08-19 12:53:42 UTC  

That's because libtards don't earn anything. So nothing has value to them.

2019-08-19 12:53:57 UTC  

ole crazy Ben and his concern about welfare

2019-08-19 12:54:31 UTC  

Okay, so let's look at the govts solution to increaed spending so far (in the US). How was it financed? By lending money

2019-08-19 12:54:35 UTC  

I watched parts of tfm's monkeynomics video again, he actually mentioned that setting up accounts in tax havens would be the sensible thing to do

2019-08-19 12:55:03 UTC  

and if everything goes down, you just fly away and chill out on the beach xD

2019-08-19 12:55:11 UTC  

i need to rewatch it, he went into some good detail on why not to invest in real estate iirc

2019-08-19 12:55:56 UTC  

Oh, okay, I think i get it and where you might infer negative interest.

2019-08-19 12:56:07 UTC  

Let me reframe for you so the others understand.

2019-08-19 12:56:16 UTC  

So one key assumption of mine is that a govt can lend money from a central bank. Am I right here?

2019-08-19 12:56:20 UTC  

The Fed will never give an overt "negative" interest rate.

2019-08-19 12:56:33 UTC  

That would be paying others to use money. That won't work.

2019-08-19 12:56:45 UTC  

Welp Im in a flood

2019-08-19 12:56:48 UTC  

What will work is *inflation*

2019-08-19 12:56:54 UTC  

Nice Day

2019-08-19 12:57:06 UTC  

By printing more money and flooding the market, they effectively devalue older notes.

2019-08-19 12:57:19 UTC  

Yeah we went over inflation as well, that's just a band aid

2019-08-19 12:57:31 UTC  

If that holds up to be true, in a world with negative interest (that I could see coming, at least we EU fags alrdy have it here) you basically finance urself as a govtand get money for it. Am I a fan of that? HELL FUCKING NO!!!!! I see the risks associated with that