Major difference between personal and federal government debt.
Which is controlled by pharma. Do you not know this? How gullible are you?
And how much of the premiums?
And pharma does their best to keep choice away from the public, for fear they may choose something else besides their garbage drugs. All for more profit. Who cares if the public has to suffer.
Inflated by the internal contradictions of capitalism.
Of course because you can’t answer truthfully OR with the majority of evidence backing you up.
And who is pushing for this?
Do you not understand anything I’ve said? All of this was at the behest of corporations. Why does pharma have about 1,500 lobbyists in Congress? Just to make friends?
Y/es it is.
And are they regularly enforced? What good are laws if they are not enforced?
And they still have a better healthcare system than we do, huh.
Who provides a lot of the seed money for R&D? Do you not think the U.S. gets anything in return for it’s funding of NATO? My position is that we should be out of NATO.
No, it’s capitalism in practicality, not theory.
Which is why universal health coverage is only half of the equation. Dismantling Big Pharma is the other half.
Yes, all us lefties are the same.
If other countries are able to enforce laws why can’t 'merica?
Who cares what the ogres on here believe?
If I had a typical job, working for some corporation, would that be different?
Finally said something that is right.
So I take it, you are leaving. Good.
Yes, I do not care at all for those fucktards in politics but I don’t suck their dicks the way you do at the crotch of corporations.
But do you believe it/
It is simply an internal contradiction of capitalism.
Actually enforced laws that come with significant deterrence.
Yeah tell that to the families of the deceased. Bwahahaha…
So much less suffering?
Yes, does BK financially help to ruin people’s lives?
Bwahaahahaha…
You don’t understand at all.
A standard corporate structure then. You knew exactly what I was talking about but had to split hairs so you could feel as though you scored a point. So childish.
With the amount of corporate propaganda this would take time. Most don’t know about worker coops.
So if you get fired on the basis of a lie then you’re a failure? FOH, moron.
Keep licking that turd, you brainwashed fool.
Yeah, he couldn’t Google a response to that so he shut his mouth. I’d believe he’s a retail trader…broke and the epitome of a contrarian indicator. If it wasn’t for people as stupid as him (in equities not FX) I’d be out of a job.
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There’s still a finite demand for debt, you economic illiterate. The ability to debase currency (AKA increase the amount of a medium of exchange by lowering the purchasing power per monetary unit) does NOT abolish, let alone alleviate, the laws of scarcity. Creating more of a medium of exchange does not, and never will be, a substitute for economic demand.
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Yes governed by real resources, not debt. Why has the 32 trillion dollar debt not destroyed the economy?
Wrong. I will be here to shit on your posts forever.
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You’re saying the finite demand for debt is “governed by real resources”? Purchasing Treasuries through POMOs is not backed by resources. Why, economic illiterate? Because the USD is resting on its laurels as reserve currency, and the euro and yen need to go first. The US has been able to export inflation since Nixon ended the gold exchange window in 1971.
If MMT had a single shred of credibility (it doesn’t, it only appeals to morons), then Treasury prices would not have plummeted the past year. Why did the US government pay more interest expense at higher rates? I thought debt demand was infinite according to MMT, the demand curve should be inelastic. Oh, right, because it’s nonsense like trying to teach a mentally challenged 4 year old to play monopoly.
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You’ve spent the last 3k posts arguing the US economy is dying. You are the goofiest dum dum I’ve ever encountered.
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Pretty obvious that jackass couldn’t operate a hot dog cart. He thinks increasing the medium of exchange units increases productive capacity and debt demand is infinite, which makes it a mystery as to how Treasury prices fell through the floor the past year with an allegedly inelastic demand curve. Gee, what a mystery!
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You’ll have to write this in crayon if you want him to understand it.
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I could draw stick figures in crayon and that retard wouldn’t get it.
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But but, debt demand is infinite with an inelastic demand curve according to MMT and this genius! The US Treasury decided to pay as much in interest expense as national defense spending just to be generous! What nice guys! Castoli, you should stick with being a Walmart greeter or whatever it is you do, honestly. You’re a clown.
| A091RC1Q027SBEA | Federal government current expenditures: Interest payments, Billions of Dollars, Quarterly, Seasonally Adjusted Annual Rate | |
|---|---|---|
| FDEFX | Federal Government: National Defense Consumption Expenditures and Gross Investment, Billions of Dollars, Quarterly, Seasonally Adjusted Annual Rate | |
| Frequency: Quarterly | ||
| observation_date | A091RC1Q027SBEA | FDEFX |
| 2013-04-01 | 413 | 771 |
| 2013-07-01 | 417 | 757 |
| 2013-10-01 | 425 | 754 |
| 2014-01-01 | 432 | 744 |
| 2014-04-01 | 440 | 742 |
| 2014-07-01 | 442 | 754 |
| 2014-10-01 | 442 | 733 |
| 2015-01-01 | 429 | 730 |
| 2015-04-01 | 426 | 732 |
| 2015-07-01 | 428 | 726 |
| 2015-10-01 | 435 | 731 |
| 2016-01-01 | 446 | 727 |
| 2016-04-01 | 453 | 720 |
| 2016-07-01 | 458 | 731 |
| 2016-10-01 | 460 | 733 |
| 2017-01-01 | 461 | 733 |
| 2017-04-01 | 471 | 746 |
| 2017-07-01 | 481 | 745 |
| 2017-10-01 | 493 | 761 |
| 2018-01-01 | 508 | 768 |
| 2018-04-01 | 532 | 783 |
| 2018-07-01 | 553 | 801 |
| 2018-10-01 | 574 | 817 |
| 2019-01-01 | 584 | 836 |
| 2019-04-01 | 592 | 838 |
| 2019-07-01 | 584 | 855 |
| 2019-10-01 | 570 | 862 |
| 2020-01-01 | 549 | 869 |
| 2020-04-01 | 520 | 871 |
| 2020-07-01 | 516 | 880 |
| 2020-10-01 | 529 | 910 |
| 2021-01-01 | 550 | 901 |
| 2021-04-01 | 575 | 904 |
| 2021-07-01 | 593 | 907 |
| 2021-10-01 | 600 | 904 |
| 2022-01-01 | 603 | 899 |
| 2022-04-01 | 648 | 918 |
| 2022-07-01 | 737 | 935 |
| 2022-10-01 | 853 | 947 |
| 2023-01-01 | 929 | 959 |
| 2023-04-01 | 970 | 971 |
It’s not controlled by pharma. You’re such a dork. Pharma buys influence from the people in charge not the other way around.
“significant if not the majority of premiums” Can you not read?
Pharma has absolutely nothing to do with choices people make that result in them being unhealthy.
People have agency. No one makes them drink 64oz of Coke a day.
Wrong.
No, what you wrote made no sense.
You, dumbass.
You don’t understand most of what you’ve said.
Are the corporations in the room with you right now?
Because they want to influence the people in charge… Derp…
They’re enforced. There were a couple of high profile cases ruled on just in the last year.
You haven’t presented any evidence to support this claim.
Huge shocker.
It’s crony capitalism at best. When the government intervenes to the point that companies don’t have to compete outside of imaginary state lines, you don’t have capitalism.
Every
Single
Single-Payer
System
Relies
On
Big
Pharma
You have no alternative. Co-op pharmaceuticals? Good fucking luck with that.
They basically are, but in this case, we know it’s you.
Ask you lefty buddies that hate law enforcement.
Then why do you keep posting here? Everyone here know you’re a dumb lunatic, but you keep posting.
The point you so clearly missed is that you aren’t doing anything to combat greed and are, in fact, surviving off it.
You’re so god damn weird. I do not care about individual corporations. If Pfizer or Amazon ceased to exist I would not care at all. I care about having a free market, competition, and the ability to own/run a business if a person sees fit too.
It’s not. It’s state intervention aka socialism.
Great.
You are an absolute clown.
Christ, wow… You are completely clueless.
No. Bankruptcy helps people to NOT have their lives ruined financially. Read a fucking book.
There is no such thing as a standard corporate structure. Holy shit.
No, I still don’t. An LLC, a C-Corp, an S-Corp. You have no idea what you’re talking about and that is 98% of the problem with this thread.
It’s impossible to have a conversation about complex issues when the other person doesn’t understand high school level concepts.
Coop have existed in the United States since damn near her inception. It has nothing to do with “propaganda”. It is a matter of capital acquisition, risk, and scale that prevents coops from being a viable option for most businesses. It’s that simple.
I absolutely do not believe your side of the story based on your posting history.
My man watched one YouTube video and became a mouth breathing r/socialist fucknugget and he has the audacity to call me brainwashed.
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He does not believe this exists.
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All the MMT, Keynesians, socialists, and fascists buy that crap. “Oh, the State has a magic wand to make infinite resources…by printing money and taking money from others at gunpoint!”
The lack of a price system makes all of this fail miserably, of course. That’s why the USSR had record output of concrete and steel while tractors rusted in fields and millions of people starved to death.
That ass clown can’t figure it out.
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There’s another thing @castoli711 doesn’t understand.
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Ya, I brought the USSR imploding up to him earlier and he just deflected. Shocker…
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Mises wrote about lack of a price system causing socialism/fascism to fail in 1920. Here we are 103 years later and the genius castoli doesn’t understand it.
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As with every one of those rubes, communism/socialism/fascism fail, not because the ideologies are stupid and don’t work, it just “wasn’t the right people in charge.”
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