Modern Monetary Theory: A Primer

Got that right. Was…

Thee is no maybe about it. The U.S. is a great country if you are rich and powerful and don’t mind being a bit of a sociopath.Stepping on others to have even more. And you got political parties to represent you. Tax cuts for y’all to give you even more. All under the guise of trickle down. And the people who are struggling get crumbs.

Like stock buy backs! Man, whatcha’ gonna do with all that extra cash? Yeah, cause pay increases are a major concern at corporations, especially when they do stock buybacks.

So what’s your solution that would provide a better system? Almost every society in history has had social classes with rich and poor.
CEO pay is not causing the issue.

I have said that the system is flawed many times. Every system is flawed in some way. What you espouse is asinine though and doesn’t provide any sustainable solution.

But you still are incompetent. And an asshole. Congratulations on being able to make some lucky trades and interpret trends on a graph. It’s not that hard.

More proof you don’t understand the system because you failed to succeed in it, have failed to break out of it (you literally do the most capitalist thing possible) and don’t live what you preach.

Oh so now your an employee?

Employer/Employee relationship.

And ho many CEO’s have started the business they are getting paid by?

I mean technically - yes. I hold a CLO position at a large trucking company. I only answer to the owner.

Nah, sorry the government still has that one on you.

Why does that matter. Why didn’t you address my other 3?

What country is not like this again?

This might be the dumbest thing you’ve ever written.

You have to work or you’ll starve? Holy fucking shit, no kidding. Except, we have four hundred tax payer funded programs to make sure you in fact don’t starve.

You cannot be turned away from treatment in an emergency (Emergency Medical Treatment and Active Labor Act (EMTALA) (42 U.S.C.A. § 1395dd)) Whether you can pay or not. We have Medicare. We have Medicaid.

Because the majority of income taxes are paid by the top… It’s just basic math. You can’t cut what doesn’t exist. Except, in this country we literally give people money “back” that they didn’t put into the system in the form of credits.

You are aware that your effective federal income tax rate is basically zero until you make something like $40k, right? People have negative effective rates.

This make no sense. Who am I following? What economist have I pointed to that has been wrong for decades, I’ll wait.

By every measure I am successful. I stopped what I was doing, walked outside and completed a t-nation community challenge. I lifted this morning. I sat in my sauna for 25-minutes. All while on the clock.

It’s hilarious that you think you’ve escaped. You rely on the infrastructure society and evil billionaires have built to survive off monopoly money volatility. The fact that you can’t see this is truly amazing.

The US is a great country to be in, period as is most of the western world. You trade fucking currency for a living. :exploding_head: you shit in water that is cleaner than the drinking water of a massive portion of the world. There is food everywhere. There are jobs everywhere. There is comfort everywhere.

Jesus Christ dude, touch grass. Fuck.

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Notice how you ignore all the other example @Bauber gave because they burst your ridiculous premise. It’s okay for Lamar Jackson to make $260,000,000 over the next five years, but heaven forbid a CEO running a business with 2 million employees make less than half that.

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Imagination land

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“voluntary work is literally slavery”

Shut the fuck up.

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That number is probably a low estimate too.

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Are yo sure this couldn’t exist in another system? Explain.

Never said it was, only that there are parallels.

Ahh no… but they do support the same garbage system that makes it okay for exorbitant housing, healthcare and tuition costs.

Yes, the Federal government creates currency out of thin air. I know it’s hard for you to believe that they do not have to earn money like a business, but that’s the way it works. Taxes and bonds are NOT a funding operation.

And what do they get for those taxes?

Imagine, for one second, that you call work “voluntary” but your very life is dependent upon it. I suppose if you don’t mind dying.

Because they are the very few who can do the sport on that level. You really think modern day CEO’s are that talented? They are talented at stock buybacks.

Greed is greed no matter who does it.

I have no boss, more free time than most and can make very good money.

But you still have a boss to answer to.

Again, why would this justify it?

Maybe so with taxes. But I’m not afraid of taxes. I don’t answer to a boss. Like most do.

No, it is more of a symptom.

A more democratic system. Not an oligarchy like we currently have. And if you spend approximately 8hrs. a day at work, then a worker co-op makes sense.

And your solution is more of the same.

Then jump in, water is warm.

Far more than you. Now go ask your boss if you can take a potty break. I’m sure it’s time to change your diapers.

What ethical consumption is there in this God-awful capitalist system if you don’t want to be homeless and starve? Glad to see it’s cannibalizing itself. As we are in the end stage of this garbage. Things are beginning to change and the status quo themselves are seeing this as their desperation to hang on is showing.