Modern Monetary Theory: A Primer

Insert press x for doubt meme

Good luck with that under socialism.

Who do you trade through? Try and connect the dots so I don’t have to hold you hands per usual.

I absolutely do not believe you.

How’d the Middle Class do in the Soviet Union?

Your “work” provides zero economic value.

Ever stop to think if everyone else comes off as a D-bag maybe it’s you? Oh course not.

I have 2 degrees, am a certified management accountant, am management, and a small business owner.

You day trade and watch YouTube.

If you’re going to lie at least make it believable.

Sorry you’re to dumb to get the reference.

Correct.

Sure, Zep.

Bye

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Everyone else who lives in a house inherited from his parents and plays currency trader with his disability check, I guess.

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You don’t understand the basic concept of profit margin - there is no way you understand the economy.

As has been posted repeatedly - profit margins are not really increasing by a significant amount when aggregated across industries. In fact a number of sectors are lower than the 5 year average…

Maybe a couple of companies are seeing magic profit margins, but most are not…

How dense can you be?

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That sounds like a really terrible time.

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Indeed. I’m sure it’s even worse when he thinks about how his last girlfriend is married to the last guy nice enough to give him a job; of course, the guy eventually had to let him go because he pissed off the clientele.

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Saw this and thought it was apt for here:

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Lol, I screenshot that too and was gonna post it this morning.

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Is there a DNR on this thread?

I can get on board with that.

Too much work.

I am right.

The end.

If you don’t like it, sue me. :slight_smile:

Yes politicians and corporate sociopaths. So people can work to change it. And some will work to see that it remains the same and still others are marginalized to the point to believe it is helpless and there is nothing that can be done. They are resigned and then just accept it.

I do have the right to fight back in this country for what I believe is right. Do I not?

If it’s possible maybe I can go to college overseas w/o putting myself in a lifetime of debt servitude.

What a damn fool you are. You make up shit in your head based on false assumptions, then you believe them to be true. No wonder the propaganda system in this country worked so well on you.

And I still make more than you. That has to hurt.

As if this is a good counter argument for why the middle class in the U.S. has been losing it’s standard of living for years now, possibly decades.

I don’t care.

what difference does it make?

I’ve done road construction and obviously worked at a members only club as a bartender.

And from a different longer perspective.

American corporate profit margins have been near all-time highs for the bulk of the last decade.

Since 2020, profit margins for domestic nonfinancial corporations have appeared to hit all-time record highs.

WTF are you talking about? As usual, just lost.

You can’t even read graphs. If I draw a best fit curve through that graph it’s basically a horizontal line…
That means profits go up and down over the years but average out to about the same percent.

Also did you read the article? It goes against everything you have been saying this whole thread:
From the article:

But are corporate profits even really to blame for the rise in inflation? In short, no.

Also:

Finally, it is clear that firms are generally absorbing some of the rise in input costs caused by the pandemic. At each stage of production, firms are absorbing additional input cost increases and not simply passing them directly onto consumers

You have claimed that corporations are driving inflation through this entire thread. This article you quoted says the exact opposite.

You proved my point. :rofl:

Name one book on economics you’ve read.

Lmao, no you don’t.