It is a lack of production. Beef up the production and tada no inflation.
But I have been on your side and am familiar with the thinking. You, as dictated by your posts, don’t really know the other side. You just believe whatever the mainstream tells you and that is it.
What part of MMT have I missed? What key tenant have I not addressed?
And don’t post some video where a guy “lost” a debate to some other guy. That’s not proof of anything.
Yeah, because that’s easier to do in a globally based supply chain than not printing more money in one country….
Don’t know why I keep coming back to this headache inducing thread …I must be a junkie for trying to make stupid and/or ignorant people smarter.
How?
Also, why would I beef up production for a temporary influx of capital?
You do realize increasing production is EXTREMELY expensive right? Like expensive to the point that you would not pay off the investment for 5-10-15 years IF the rate of spending stayed artificially inflated.
You have zero clue about business, and it is very obvious.
It’s also on a global scale where as printing money is country by country.
Yep! And other countries businesses without artificially inflated influxes of capital are not going to just increase production or hire a bunch more people.
The ammo / firearm industry has seen this ebb and flow countless times.
With the previous posts you laid down it’s obvious that you have no idea what you are talking about.
No, it may not be absolute proof but it does give insight to differing points of view. Then you can decide, according to the arguments put forth, which is the most reasonable and closest to the truth.
Ahhh… a real reason for inflation.
Too bad this doesn’t work on you.
This is the logic by which many people believed the earth was the center do the solar system…
Debates prove nothing. Actual data counts.
And your solution to change that When even the most basic things have materials sourced in other countries?
This is not an answer to the question I asked.
All brought to us by capitalism.
Maybe not but it does tell of your total ignorance of the subject.
makes sense, and I’m not judging you for it. Just saying, that’s why your perspective on ‘why can’t you just spend hours watching podcasts’ is different from mine. I have a lot more responsibilities, and pursuits outside of work than you do (it sounds like you don’t even actually work, so there’s that too).
this comparison is quite silly. You have to know that. Al Capone was a criminal, and the government used whatever they could to take him down. Tax evasion was the MECHANISM to take him down, not the REASON he was taken down. The government has no reason to take Bezos down, he’s not killing people in the streets, lol.
You say this a lot, but you provide very little actual argument. I’m pretty sure I’ve pointed this out before. Most of what you say is ‘I’m not stupid, YOU’RE stupid’. Very little actual ‘meat’ to your arguments, if they can even be called that. You rarely, if ever, actually defend your position, you just claim it’s correct. I would very much like you to take some of that free time you have to thoroughly explain your positions, and develop arguments that support your position. The ‘you believe in the mainstream, and I’m smarter because I believe something else’ is a very tiresome argument, and it is hollow. And even with all this free time you have, you haven’t been able to find a single convincing thing to READ.
I directly asked you to enumerate what tenents I failed to address. You avoided answering my question which means either a) you don’t understand the thing you claim to champion or b) you can’t refute my points so you proceed to an ad hominem attack and a strawman argument.
Have you read the rebuttals? Terribly embarrassing.
So the videos I’ve posted by folks who know the system more intimately than I do not count.
Sometimes the trading is short term, sometimes the trade must be held for awhile longer and that keeps you going back to the computer to check your position. Funny, now that I’m not tethered by a traditional job I have less time. There is always something to do. There are no shortages of people who need help.
Have you considered dropping me from that list?
Read your posts. You don’t even understand what you are saying. Proving you have no idea of the tenants of MMT. Try arguing with a 4 year old and then you’ll know what I’m talking about.
No, because I’m not watching a fucking hour long video, lol. You keep ignoring this. But also, is it THAT hard to at least approximate what they are saying, perhaps condense it into your own words? Are you wholly incapable of doing that? You’ve been asked specific questions by cyclone that you keep ignoring, why is it that you can’t address what he’s saying? It sounds like you don’t KNOW the answers to his questions, or where his logic is failing, and you’re simply responding with ‘if you don’t get it already, you won’t’ or ‘just watch the video, these guys explain it better’. That’s a really lame way to approach this conversation.
aaaaand yet you continue to do it. You just dismiss everyone else as idiots. I’m out, this is unproductive.
Then correct my ignorance…
But you can’t.
It’s like watching those debates where people just laugh derisively at an opposing idea. Just saw a video like that this morning where Vice had conservative and liberal panel on. The liberals (not including all liberals in this just the ones on this panel) laughed openly at the conservative viewpoints in a dismissive way even though the presentation was calm and focused.
Have you read his posts? Everything he’s said I’ve already addressed. I guess I must keep repeating myself.
Money is not scare resources/production can be. Printing money is NOT the cause of inflation. Lack of production/resources are. The latest example of MMT in policy is the $100billion sent to the Ukraine. As far as I know, nobody asked how it was going to be paid for, it just happened. Did they raise taxes to do it? No. Did they trim social spending for it? No. Den how he do it? Money is NOT scarce. This only helps to prove some of the points I’ve made, along with homelessness is a political choice in this country.We can come up with the money but politicians refuse to do so. But $100 billion for Ukraine, no problem!
Have already addressed your questions before but will do it again for you.
Your ignorance has already been corrected.