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Ok jeenyis. I got some yen to sell you.
Our debt does affect this. It will reduce or increase our exchange rate.
At this point its just a matter of theirs plunging faster than ours.
That doesnt make ours stronger.
You have to fucking know this.
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Ok jeenyis. I got some yen to sell you.
Our debt does affect this. It will reduce or increase our exchange rate.
At this point its just a matter of theirs plunging faster than ours.
That doesnt make ours stronger.
You have to fucking know this.
Everything you support helps the wealthy. When I say “wealthy,” I’m not talking about the guy you envy who owns the hardware store down the street.
That is exactly what inflation is. Money is worth less, so everything costs more. You really don’t need to be calling anyone a dumbfuck.
You are so fucking stupid you can’t even make decent money while claiming to be the authority on knowing what is propaganda and what is brainwashing where money is concerned.
He can’t because it would destroy his entire argument.
Psst, it’s called purchasing power… Spoiler it’s fallen consistently for a hundred years.
Carry on ![]()
Please explain as I don’t know of any policies I support that helps the wealthy.
And again, they talk about the SS Trust fund running out of money. If SS ever ran out of money, it would be a political choice not one of revenue constraint
Another point where you have no fucking clue of what you’re speaking about. Go ahead think real hard and put this into a business framework. Even though the federal government works nothing like a business. Go ahead I’ll wait. Just like you waiting a couple of decades before our grandchildren have to pay off the debt.
Psst! What would happen if you had more of the money which has been devalued?
I would actually be poorer.
If Japan owes twice the amount of debt to GDP ratio, then why is it stronger than the dollar, currently?
I thought the amount of debt would weaken the currency. Since Japan owes more than the U.S. percentage-wise, how can it be stronger?
Right because money is unlimited. Printer go brrrrrrr.
So kind of in the timeframe of where you could potentially make a few dollars?
Of course it doesn’t because the federal government produces nothing but debt. I have never said it works exactly like a business, but economic principles still apply. The best minds in economics disagree with you as well as everyone successful here. At some point you might need to realize you are a dumbfuck.
So you admit the SS Trust fund will never run out of money?
And who are they?
Go ahead, try reading. And not something you hear everyday from the economic orthodoxy.
That would depend on the circumstances.
Ok so this would have a baring on the devaluation?
Yes, it is generally agreed upon that more money in circulation is a cause of currency devaluation. To break even you would need more of the devalued currency hence why it depends on the circumstances.
So you admit the SS Trust fund will never run out of money?
If the government just bails it out with printing money, then I assume it will not run out of money.
And who are they?
Jeffery Gundlach
Larry Summers
Ni Jinjie
I mean I can go on and on. The proponents of MMT are disgraced or not respected economists and very few in number. Oh AOC and Bernie agree with MMT. That tells me enough.
Larry Summers
Bwahahaha… this moron has been wrong so many times. People often make fun of him.
Oh AOC and Bernie agree with MMT. That tells me enough.
Too bad they don’t push for policies that are MMT informed. I’ve seen AOC pay lip service to MMT but essentially do nothing. She is a progressive phony, a careerist more concerned with her job than policies. And Bernie is a huge disappointment who carry’s water for the organization(DNC) that cheated him twice. What a cuck!
The proponents of MMT are disgraced or not respected economists and very few in number.
Too bad they clean house in debates.
She is a progressive phony, a careerist more concerned with her job than policies. And Bernie is a huge disappointment who carry’s water for the organization(DNC) that cheated him twice. What a cuck!
At least we agree here.
Too bad they clean house in debates.
Mhmmmm.
I am tired of arguing with the peasant class. I have to go pick up my new TRX and spend some more money capitalism has gifted me.
my new TRX
I am jealous
How about using your free time to educate yourself and watch the leaders of 2 economic schools debate one another.