What does this mean, to you?
As long as the resources are available, we can afford it. That is what it means.
This is a nothing burger of a statement. It’s to relative to mean anything. It’s like a horoscope.
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Explain, with more than one sentence.
Let’s say my neighbor is selling a dozen eggs for a pint of milk. But I have no milk. Eggs are available, but I can’t afford to buy them.
Now, I know you’re going to come back with a few-word answer:
Currency producer vs consumer.
Great.
The currency producer is not the producer of goods and services.
So we’re back to inflation. And, eventually, forced production/service(edit: or collapse).
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Where do “resources” come from?
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No it isn’t. It is the truth. If the human capital and steel and concrete are available among everything else that is involved. The infrastructure bill could be much larger w/o causing inflation.
Sometimes the ground. Then you have human resources. What is your point?
Who sells eggs for a pint of milk? This is a completely different financial system namely barter. And some say there is no historical evidence it actually took place. Stay within the workings of the real world financial system, then ask the question properly. Thanks!
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I had to study this event in depth as part of an engineering ethics course. It’s very interesting to learn the problem of “dark data” that partially caused this.
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I remember this day. Wasn’t Reagan supposed to give a speech that day?
Fairly old, but a good thought about the goals in teaching mathematics
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I wanted to se how thoroughly you thought this through.
Thats the answer a marginal first or second grader would give, so just about as thorough as I thought you would be.
And what I posted is the answer. You pretend to be intellectual by not making sense, except to yourself. Then you double down with some other nonsensical post to make the others look stupid, when infact it is you who doesn’t get it. Decades of propaganda has indoctrinated you. You do not understand how the federal budget works. You always come back with some bullshit that fits well into gold-standard economics, when we haven’t been on the gold standard in decades. Most likely you are part of the crowd who still believes are debt will have to be paid back by future generations. Even though that has been talked about for decades and never comes true. Leaves you saying, some day, some day! Bwahahahaha…
Okay. There’s a house that costs 10-million dollars. You make zero-dollars through currency trading, and make whatever the government gives you for your mental disability. The money exists, but you can’t afford the house.
By the way, zep: When you tell someone to “ask the question properly,” you should probably have a question quoted.
When someone wants to know something from another, usually there is a question involved.
So, you don’t buy the house. And…
You only know what taxes are, not what they would be without the legacy costs associated with the ever expanding government expenditures.
Once again, you dont think through any given position.
Once again, you have not a clue of what you are trying to talk about. So do you want to explain to me how are grandchildren are going to have to pay back our debt? But this never comes true after it has been said for decades. This ought to be good. I’m sure you’ll think it through properly.
And this is a non-issue, when resources are the root of inflation not money creation or the ever expanding government expenses. Taxes DO NOT fund any federal programs. So taxes are a non-issue. You, like most, believe that a governments budget operates like a business budget. You like others on this forum refuse to challenge your long-held but wrong beliefs. So you remain stuck and ignorant.
You are what happens when a deconstructionist gets deconstructed.
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