@castoli If the Dems passed their whole wishlist–paid off college loans, free tuition, everyone given a Telsa, the power grid converted to 100% renewable–by printing $20,000,000,000,000, does MMT say there will be inflation?
Yeah, umm sign me up for socialist society then.
What do you do for work? Is it enough to support me and my family if I don’t work? If so, ill be taking a permanent vacation - thank you for allowing me to spend more time with my family.
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This is an amorphous bullshit statement meant to evoke emotion that is based on absolutely nothing.
There are laws that protect property and capital, but are usually second to human life. The large bulk of our legal system is predicated on protecting the population / personal rights of the individual. The opposite of socialism where the individual doesn’t matter.
But we’d also have to define what you mean by “law”.
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None of his choices are very wise, but I am a rube and brainwashed remember?
Makes his knowledge and intellect far superior.
Maybe he can tell us where he went to law school.
What difference does it make? The Constitution gives Congress the ability to tax and spend. Can they not do this, unless the Federal Reserve is stated in the Constitution?
If we have the real resources, then no. Inflation will be avoided.
When/if the means of production were owned by the people, they would come together in a democratic fashion and decide this. The entire structure would be different.
Not sure. Maybe it would lose it’s value. What are the chances of this actually happening? Who would accept it for anything? How could you purchase any goods?
Then what would be accepted in it’s place?
The dollar is what they are paid in and it is created by the federal government. If any government doesn’t create the currency and they also collect taxes, how do those taxes get paid if the government didn’t create it first?
And you believe that is how it would work?
You have more of an affinity for the law than I. The law once stated that women and blacks couldn’t vote. Didn’t make the law right. Police routinely violate protesters ability to protest, like bashing them in the head, when they are doing so peacefully. Is that protecting the rights of individuals? But if there were some property being damaged, what would the response be?
Obfuscate and deflect … you were talking about the “federal government” being the “issuer of the currency” … I’m sure an economic heavyweight such as your self would be able to work out the distinction for yourself
Yes, 100%.
I’m telling you, as at 28 year old who clears 6 figures without a degree, that if you gave me the option to have all my needs taken care of without me having to work - I would take that offer. I promise you the rest of my fucked up generation would too.
Then you’d have 1% of people working and 99% of people bleeding them dry.
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Nah dude .. you can just print more money #MMT4life
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A character of the socialist system as usual.
No one actually says this but people who really have no idea what they are talking about.
So are you saying because the Constitution doesn’t talk about the Federal Reserve that negates that it does say that Congress can tax and spend? So now they cannot do that function.
When and where did this happen where they were “mostly peaceful”?
I don’t know. Ask the folks that had their businesses burned to the ground in multiple cities with no repercussions.
Are we talking passed law not within our lifetime or the state of the law currently?
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I wouldn’t because that standard of living would be atrocious comparably lol.
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