Modern Monetary Theory: A Primer

Ashamed you were busted for criticizing someone for the very thing you do?

This was so easy to get, a child would’ve understood it.

And eventually he admitted to be wrong about monetarism. Guess I have good instincts!

You only think you know. And again Milton admitted to being wrong. He got a Nobel for a wrong analysis. So I guess the book I read had him pegged for being a fraud.

What was that? That you can print money indefinitely. If that is what you’re talking about, where does it say that?

Basically.

Yes the epitome of a debate. Of course!

Did you? They used words like if and perhaps. Did they apply, what they thought might correct the problems? Don’t remember them saying so.
But hey, still keep believing in garbage. I love when you continually make a fool of yourself.

And you know, because you’ve been through it?

Oh no, she was criticized. Probably by the same bunch of posers who wrote peer-reviewed studies.

Bwahahaha…you mean Google’s corporate bias. There I corrected it for you.

Wow, what a hero!
Feel free to move to…
Man, this is such a tired and garbage suggestion. Why would I run away from the problems in this country instead of trying to change them for the better?
Yes, China’s one-child policy was horrific and I can see how it’s impacts are still being felt today. Simiiar in some ways to slavery in the U.S.

Such as? Please explain.

And who said I wanted communism? Oh I get it. Because I point out the failings of capitalism I must want communism.

Sounds like capitalism.

This could easily be changed out to say. The workers do all the work and the owner class gets all the spoils- lazy and greedy.

IMG_0032

Keep going hypocrite.

Thank goodness you haven’t procreated

From graphs you have posted, it’s clear the divergence in income inequality started right when the change from the gold standard to fiat currency occurred.

It’s also clear that the purchase power of the dollar has been pretty much steadily decreasing at higher rate than before that.

It’s also clear that (especially in the last few years) adding trillions into the economy in the form of handouts/bailouts has done nothing but drive up inflation (at an alarming rate right now).

Missed the point yet again. It’s the inherent nature of almost all living beings to be lazy and greedy. You and I included.

The problem with this is that it falls apart almost immediately. Folks of a certain bent will always grab power if they can.

It just doesn’t work. It’s idealistic and nice to think about, but it doesn’t work.

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The point is that the audience perception is flawed and not an objective examination of the evidence. How the fuck do you not understand this?

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Amazon doesn’t hire people to force purchase of their products…

Just scroll up, goofball

What Friedman believes, doesn’t believe, admitted to being wrong about, etc… is irrelevant to the point I made.

No, I know. Much more so than you do.

Don’t care.

Don’t care.

You’ve never read a book in your entire life. Why lie to strangers?

But without forcing it? Like I said, that’s cool; it’s just not something I favor. “Worker control” sounds a lot like “barely subsistence living,” to me.

It’s a utopian fairytale. It sounds amazing until you think about it for more than 4 seconds, are over the age of 12, and/or have an IQ above room temperature.

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Damn. Zep has two out of three: he’s been thinking about it for well over a decade and is in his 50s.

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Really stretching the definition of thinking here…

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Lmao, socialized medicine cost less than what we have in the US. No shit

Bahahaha




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Who would go through all that schooling and stress to make less than $30K a year? LOL

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No kidding, I made more than that straight out of the Marine Corps before I stepped foot on a college campus.

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Not only that, who would want a doctor who is settling for 30K a year?

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You could make far more bartending… LOL.

Again, I have experienced these healthcare systems and they are garbage for anything serious. This is just more proof of that.

It’s what everyone ignores. If I remember correctly, Bernie’s M4A program called for a comp reduction of something like 60% for healthcare providers. Can you imagine going through 8 years of school, residence, etc… and making $40k. FUUUUUUUCK that.

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Want to find a way to decimate your MDs? Here it is.

I would just go do something else. These folks are very smart people. They can do something else that pays better.

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Before I settled on engineering I wanted to be an anesthesiologist. Then I realized how long it would be until I could repay the schooling.

Plus jet engines are way cooler.

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But then you have to worry about your boss firing you because he married your kindergarten girlfriend.

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