Maybe I’m not moving the world but volunteering at a food bank, animal shelter and attending a protest is more than cheating my employer out of work like you.
Money printer go Brrrr…
This is when you know you are talking to an absolute dumbass.
When FDR was President I believe he created 12 million jobs, I believe, because the awesome business sector couldn’t.
Currency creation is governed by real resources, not debt. Do you understand or do I have to make a video to upload on YouTube with sock puppets?
What real resources would that be?
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You’re a fucking idiot.
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Would literally be the first time you actually created something in your life.
Magic, it’s a resource in the fairytale land he lives in.
Absolutely zero people have ever stated currecy creation is governed by debt. Fuck, you are dumb.
And in your world the federal debt is the boogeyman. Who does the U.S. need to pay back? Itself.
But politicians and others always ask, how ya gonna pay for it? We don’t have the money. Because federal debt is something to clamp us down. Unless we are talking about another invasion so the defense sector can make gobs of money. Then MMT is pursued and is good.
In-ground resources, human beings and factory equipment to name a few.
Truth hurts, doesn’t it.
Um, no
We don’t. Do you not understand what the word debt means?
Politicians are irresponsible with money so your idea is that we should let them spend even more of it on even more important things like healthcare. Genius level intelligence over here.
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Nothing to see here just $193T in unfunded liabilities (not that you know what the word liability means in this context).
I think you know MMT is a disaster, but you relish the idea of America imploding economically.
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The Fed printed $3.5T out of thin air to stabilize the economy during the pandemic, but sure, currency creation is backed by real resources… This is a perfect example of how we all know you have no idea what you’re talking about and are just parroting reddit or where ever else you get your information from. Unemployment skyrocketed, expenses were cut across all industries, millions of business closed and; yet, the fed printed trillions.
Backed by real resources, hilarious.
You are not a serious person.
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As if on cue, he punctuates what appears to be a question with a period.
Under MMT it is what curtails currency creation.
Yes and they could have done more.
Yes that is what happened and we all didn’t die.
And you DO NOT understand at all. Phenomenally ignorant.
You don’t understand at all. The decades of misunderstanding economics has warped your view. If the U.S. spends $100 into the economy but taxes back $90 , what is the deficit? Does that money just disappear? If you want to keep sucking Pete Peterson’s peter, that’s all on you buddy.
We create the currency. What is gonna happen? Are we gonna run out of dollars?
So the corporations who bribe the politicians and control them are the ones who are ultimately responsible?
And you DO NOT understand economics on the federal level.
Does the U.S. even need to borrow it’s own currency? Does it even need to sell bonds?
Um no!
Ya, we just had 7+% inflation.
There you go talking about dicks again.