Message from @FrostyCrits

Discord ID: 645886167476338690


2019-11-18 07:03:52 UTC  

If I can earn 150k here or 2.3m there for doing the same job, guess where I will be working

2019-11-18 07:10:28 UTC  

It's hilarious you think it's how much people can earn and not the Fed and our imaginary fiat currency that causes the crazy swings of inflation and deflation. Are you a writer for Owen Benjamin?

2019-11-18 07:12:48 UTC  

Didn't Trump say he wants to get us back on the gold standard, i'm all for that.

2019-11-18 07:13:42 UTC  

Yes, the FED increasing interest rates devalues the dollar and increases prices

2019-11-18 07:16:24 UTC  

I'm no economist but I think we could phase out the fed. However, I'm not sure how

2019-11-18 07:16:50 UTC  

Yeah, but your whole idea to stop inflation was to do the same sort of retarded "well intentioned" regulatory bullshit that congress and the Fed already does

2019-11-18 07:17:12 UTC  

We can't phase out the fed, but we can't just put arbitrary limits on shit ant hink it'll solve anything

2019-11-18 07:17:18 UTC  

I'm a small business owner

2019-11-18 07:17:32 UTC  

I have my own S Corp

2019-11-18 07:17:42 UTC  

If you tell me I can't make more than 150 or something like that

2019-11-18 07:17:47 UTC  

then the Corp will just spend money on me

2019-11-18 07:17:48 UTC  

ez

2019-11-18 07:18:09 UTC  

Businesses would be able to earn an infinite amount. It would just apply to saleries

2019-11-18 07:18:10 UTC  

Legalism sounds great until you try to implement it and deal with the courts and judges

2019-11-18 07:18:17 UTC  

who businesses will just buy off like they already do

2019-11-18 07:18:34 UTC  

You're missing my point

2019-11-18 07:18:45 UTC  

I control the business

2019-11-18 07:19:43 UTC  

Trying to limit salaries to stop inflation is the dumbest solution I've ever heard anyway.

2019-11-18 07:19:47 UTC  

Especially since for the rich

2019-11-18 07:19:52 UTC  

most of their money isn't from any salary

2019-11-18 07:21:02 UTC  

The business would be able to earn whatever and pay salaries, you as an owner would be limited to a 150k a year salary but that dosn't mean you couldn't spend more on the businesses dime.

2019-11-18 07:21:56 UTC  

which I could just spend on myself...

2019-11-18 07:22:20 UTC  

IRS can't do it's job as it is, and they're supposed to audit everyone's books to make sure no one is cheating?

2019-11-18 07:22:46 UTC  

I guess in your capped income future we also have free college, free helathcare, and unlimited government resources.

2019-11-18 07:22:59 UTC  

Any rule like that will just be exploited and bent by the rich, like it alraedy is

2019-11-18 07:23:18 UTC  

or the people with small businesses who would be smart enough to just spend money for themselves through their business

2019-11-18 07:23:48 UTC  

No, I never said anything about all that free stuff.

2019-11-18 07:24:13 UTC  

I'm mocking that the idea is about as useful and feasable, not that you argued for more social programs.

2019-11-18 07:26:23 UTC  

All we have to do is get a slightly less corrupt congress, and get a Fed that can't unilaterally change policy.

2019-11-18 07:26:40 UTC  

But seeing as how we keep voting for these horrendous spending bills I have little hope that will ever happen

2019-11-18 07:27:31 UTC  

It could be exploited, and I guess after people figure out how to exploit that system it would be useless.

2019-11-18 07:27:55 UTC  

I already figured out how to exploit your system and it's not even real.

2019-11-18 07:28:48 UTC  

The IRS barely enforces any laws as it is now.

2019-11-18 07:29:18 UTC  

Enron would like to disagree

2019-11-18 07:29:23 UTC  

heh

2019-11-18 07:30:36 UTC  

Makes you look pretty herpderp when you don't know the difference between the SEC or the IRS

2019-11-18 07:30:59 UTC  

and Enron is an example of the SEC knowing shit was going down

2019-11-18 07:31:01 UTC  

and not doing anything

2019-11-18 07:31:05 UTC  

until the company collapsed

2019-11-18 07:31:11 UTC  

so even in that case it's a dumb comment.

2019-11-18 07:31:29 UTC  

Was is stocks. I thoght enron was taxes and martha stewert was sec