Just another economic ignoramus.
I know you must have seen some YouTube video that gave you some supposed knowledge and you want to show it off here, but saying money taken from me and given to the government to distribute as it sees fit, is really being taken from the economy (and also being put back into the economy, hence it’s just money circulating throughout the economy), is like saying my money is being taken from Earth and given back to Earth.
I’m part of the economy so taking money from the economy, as you described it, is still taking money from me. It’s like Zeno’s Paradox, on paper maybe you continue halving a distance an infinite number of times, but in reality, you have to cross the finish line at some point. So you can say the money was taken from the economy, but I had to earn it first.
And you probably believe inflation has been caused by the money printer going brrrr…
Man GTFOH!
Keep digging that hole…
How Does Money Supply Affect Inflation?.
Basic supply and demand since you missed that shit:
Since you like YouTube so much. Maybe this is dumbed down enough for you to understand.
And since no one’s job is giving raises matching inflation rates everyone is getting poorer.
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Likewise.
You mean since you internalizes the propaganda.
Sounds like old discarded Uncle Milty bullshit!
Every dollar spent into the economy is a new dollar. Tax dollars on the federal level are destroyed.
I see so you can’t refute the point so you rely on something nonsensical.
Do you even know the causes of inflation that is currently plaguing the world?
Welcome to capitalism!
Welcome to a corrupt government, which every single country has.
It is not exclusive to capitalism or any other economic path.
Yes dipshit.
MMT is nothing more than a theory for naive morons and academics who missed supply and demand in Econ 101 and have never made anything of value.
The demand curve doesn’t change that rapidly for most goods. So since it isn’t actually resource constrained because upping production to meet fake demand to supposedly control inflation is utter bull shit. Therefore, increasing money supply contributes significantly to inflation. It’s not the only contributor, but it is a prime driver.
2 threads same topic? Interesting. This troll is really working you guys.
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Here’s a Christian American man singing a simple folk song in a style similar to early to middle 20th Century Marxists and Labor activists who made authentic songs railing against monied interests of decades past.
This guy had dozens of fans at the beginning of August and now he’s a pop music icon. Who predicted a folk music comeback? Not me.
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That’s a graphic way of describing government spending.
I’d still prefer to have fewer of these imaginary dollars taken from my paycheck so I could destroy them on a personal level.
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The federal government doesn’t need tax dollars to spend.
Too bad this has often been debunked. But people like you still believe in it. Just like the economy of the U.S. will eventually crash under this debt burden. If the government spends $100 into the economy but taxes back $90, what happens to the $10? Does it just disappear?
But you revel in it like a pig in shit. And what are the degrees of corruption in economic schools? It is inherent in capitalism
You keep saying this but never provide proof.
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I will never apologize for being successful. I’d be successful in any system because I’m not a self-righteous impotent loser.