Modern Monetary Theory: A Primer

[castoli711]

@cyclonengineer

never participated in the economy.

Like the clowns you follow, who claim the U.S. will be bankrupt soon. Since they’ve been saying this for decades and have been proven wrong every time. You’d think they’d go back to the drawing board to see what they’ve got wrong. But their ego won’t allow them. Like yours.

[castoli711]

@cyclonengineer

Amazon still paid 2.1 billion in taxes last year before you come saying they didn’t pay anything.

And what were the years they didn’t pay anything?

[castoli711]

@cyclonengineer

get the benefits of large employer group insurance, while it s shitty it’s better than going it alone in the market

But not as good as a single-payer.

[castoli711]

@cyclonengineer

, why shouldn’t there be a whole scale revolution to cryptocurrency?

If the Fed. government does not create, it’s not going to happen. It is the obligation to pay taxes in the unit of account for that particular country that gives money it’s value. Not intrinsic value but the need for the currency creates value

So you clearly don’t understand. Indoctrination has it’s consequence. Keep guzzling the economic ignorance and remain blind. It’s on you!.

[castoli711]

@Bauber

But yes, by all means give them more of our money to piss away.

Like they do for corporations. So they can do stock buybacks.

@Bauber

I won’t even see a fraction back from what I will pay into that Ponzi scheme

Maybe not if corporate politicians get their way.

[castoli711]

@GulliverMcGee

But don’t worry, there’s been no formal default so according to MMT nonsense there are not massive consequences.

Do you believe there is a difference between public and private debt?

[RT_Nomad]

@castoli711

WTF are you talking about? You know nothing of me.

Smug Pencil Neck Recluse is sufficient for now.

[castoli711]

@NickViar

I believe we have really expanded the definition of this term…

So I don’t have to listen to a boss tell me what time I have to come in or what time I can leave. When I can have lunch or use the potty. And I can make a living. What would you call it?

[castoli711]

Insults are all you got.

[RT_Nomad]

@castoli711

Insults are all you got.

Just giving back. Don’t you love it?

[Alrightmiami19c]

@castoli711

However, unless they are walking or riding a bicycle everywhere it is nearly impossible to avoid. They are using a product that they believe does harm. But as I’ve said, it is nearly impossible to avoid using it.

That implies ethical consumption is based on convenience. Something is either right or wrong.

Reminded me of this
https://youtu.be/ykGP3-vnyOU

[castoli711]

@Alrightmiami19c

That implies ethical consumption is based on convenience.

And sometimes it is. Sometimes it has to do with feasibility. All brought to us by capitalism.

[Alrightmiami19c]

@castoli711

Only to people who are afflicted with mild retardation.

I must suffer from it myself. What is ethical consumption? Is it based on morals? Is it ethical for me to consume 4000 calories a day?

[Bauber]

@castoli711

And of course you think the Fed. budget works like a personal. While all the ignorant clowns you follow have been talking about the U.S. bankrupting itself for decades and have been proven wrong every time. It’s plain to see you’ve bought the bullshit hook, line and sinker. Pat yourself on the back for being a good little foot soldier, then make a comment about your material success. As if the two are linked.

You are a loser that gets fired from shitty jobs.

I would actually pity you, but you are such an insufferable cocksucker you make it impossible.

Do you ever go out in public or converse with anyone in person? I doubt it or you would get the shit kicked out of you regularly. You are a good little limp-wristed commie.

@castoli711

Like they do for corporations. So they can do stock buybacks.

Exactly and yet you want to give them more power… make that make sense please.

@castoli711

Maybe not if corporate politicians get their way.

Anyone who plans on seeing anything from SS that is under 50 is a complete imbecile.

[SkyzykS]

@castoli711

And if their workplace is 20-30 miles away they should walk or ride a bike everyday?

If its good for the gander its good for the goose.

Anything beyond that rings hollow as hypocrisy and efforts to be better than.

[NickViar]

@castoli711

What would you call it?

Disability pay/welfare.

@Bauber

Anyone who plans on seeing anything from SS that is under 50 is a complete imbecile.

@castoli711 just thinks it will be the fault of the producers not producing enough to keep up with the brrr machine churning out currency. He seems to have difficulty believing that producing useful goods is more difficult than printing paper.

[doogie]

@NickViar

He seems to have difficulty believing that producing useful goods is more difficult than printing paper.

Moron. They don’t actually print it. Haven’t you been paying attention? Indoctrinated idiot.

[usmccds423]

@castoli711

@usmccds423

This is the same person that claimed to have MS

WTF are you talking about? You know nothing of me. Like claiming I live in my mom’s basement. She passed almost 12 years ago.

We all know you’re Zep.

[NickViar]

@doogie

Moron. They don’t actually print it. Haven’t you been paying attention? Indoctrinated idiot.

Guilty. It’s just hard to keep up. One day the guy is all for raising the minimum wage; and the next day pay doesn’t matter, because it’s imaginary. I just hope I’m sitting near you and @cyclonengineer during the test.

[cyclonengineer]

@castoli711

Not intrinsic value but the need for the currency creates value

But there is no longer need for it in the age of cryptocurrency… that’s what I am saying. If MMT thought patterns are taking to the logical end that is it. No more gov issues currencies only crypto