Modern Monetary Theory: A Primer

He only read the first sentence and decided to post it.

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He knew you CAN’T create enough real assets to prevent inflation if you are constantly creating money out of thin air.

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That’s generous.

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Even Alan Greenspan knew that financial instruments need to be backed by real assets.

@castoli711 What happened in 2009-11 when it was found that a large majority of financial instruments and the valuations of companies that based their value on them were found to be worthless (not backed by real assets)?

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Oh, let me predict his answer!

A. “What happened when the corrupt politicians sanctioned Venezuela?”

B. “Banks shouldn’t exists. They need to be taken over by the federal government to ensure 2008 doesn’t happen again. It’s driven by greed.”

C. “You rube. You are still believing the lie like the rest of the sheeple here.”

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Thats very good! :+1:

All of the above.

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I trade currencies, moron.

Then why is it or they employed?

What, real resources/productivity are the real reasons of inflation? Who says that other than me?

This is how money is created in all countries who are sovereign w/ a sovereign currency.

Never said this.

A lot of them folded, that is until the fed. bailed them out to the tune of multi-trillions. Major criminal activity here.

Now you are starting to get it.

The Fed. already has control over private banks, they just refuse, for the most part, to enforce the laws. Surprise!

If that is the lie that a federal governments budget performs like a households, then you are right or maybe it’s the myth of the taxpayer dollar paying for things.

Hey! That’s me, Pencil Neck Recluse

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Especially for you. Hmmmm…

Yes and you certainly are a moron. Oh no, did I verbally attack you? Are you gonna be okay?

You just don’t know what anything means.

Alrightmiami knew exactly what I was talking about.

You have not.
I just couldn’t help but remind you that you are a loser pencil neck recluse. It just seemed appropriate in the moment.

BTW, you never replied as to whether the sale of alcohol should be outlawed. Just thought I would remind you. You don’t need reply now. Don’t worry, I will remind you again.

Whew, I was worried about sleeping tonight.

Good 2 people that haven’t a clue.

A recluse never has trouble sleeping. It is being productive that is the challenge.

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Do alcohol companies hire people to manipulate the ingredients to make them as addictable as possible, like Big Food?