New DemoDemon Idea: Fighting Inflation With Inflation

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RayR
Herf-A-Holic Topic Starter

4 years ago

That's right, Da plan to fix high gas prices is not to fix high gas prices caused by the current administration's idiotic GREEN policies, but just crank out some more FED funny money as gas price stimi-checks to every American.
Surely that will placate the proles.

Stimulus checks to 'fight inflation,' coming soon to America?
It’s already happening in Canada.

Jordan Schachtel

During COVID Mania, our power drunk ruling class went on an unprecedented spending spree, printing untold trillions of dollars, manifesting our current reality that is skyrocketing inflation.

In the process, they set a small percentage aside in the form of multiple rounds of “stimulus checks,” largely to win over a distraught population and keep them distracted from the economic destruction they brought upon the American taxpayer.

Now, with a massive amount of dollars in existence “printed” over the last two years, the average American is struggling to keep up with the inflation caused by the people in charge of our monetary system. So it might be time for another monetary diversion.

Far from coming to terms with their mistakes and acknowledging their errors, the rulers of our fiat system, in their infinite wisdom, may soon decide to fight inflation with… you guessed it, more inflation.

Sounds crazy? No way they would be that ridiculous, right?

Well, I have some news for you.

It’s already happening in Canada.

https://dossier.substack.com/p/stimulus-checks-to-fight-inflation?

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Sunoverbeach
Herf-A-Holic

4 years ago

God’s everywhere, but I gotta go down ‘to church’ to see him? Really? And he’s mad at me down there, and I owe you money?
- BB

Mike3316
Connoisseur

4 years ago

Well yeah. Print more money. That should solve everything. Brandon's press secretary - Pepperint Patty - said if things are too expensive then making sure that people have more money should fix it. And how does the federal gov't get its money? Well yeah - taxes (only a small percentage of federal money actually comes from taxes) .... the federal gov't doesn't have a job at Starbucks ... but they DO have printing presses. So you just print enough money to give everyone a million dollars. Who cares that it won't be WORTH anything - at least you'll be a millionaire!!!

JGKAMIN
Herf-A-Holic

4 years ago

Mike3316 wrote:

Yes, free money and they well tax you more to get it back. This is akin to Bernie’s plan to raise the minimum wage but then raise taxes so at the end of the day you’re making twice as much but paying all that extra $ in taxes so you’re no better off.

Sunoverbeach
Herf-A-Holic

4 years ago

I love my dog. I hate bankers. I have issues with women. In my head, I’m a great guy.
- BB

bgz
Herf-A-Holic

4 years ago

I wonder how many people realize that we're moving towards a moneyless system (not just cashless system).

Every path I traverse in my head leads to an inevitable meritocracy... as long as we don't kill ourselves first.

This idea that things have value will quickly perish the more everything is automated and resources become plentiful... ie, rarity will be a thing of the past.

You think your cash will be worth less? It's already worthless, and so is gold for that matter.

The only reason it has any value at all is because you believe the paper you trade has value... or the gold you bought is worth more than the paper.

But let's be real, if gold spiked to $3k tomorrow, you would sell it.

You would trade your thing you claim has value for something you claim that don't.

What's that tell you about the concept of money? It's amazing we've made it work for as long as we have.

RayR
Herf-A-Holic Topic Starter

4 years ago

The stuff you said Ben sounds like you are promoting a commie red One World Government Matrix. :-k
Are you Agent Smith? 😱 😨

bgz
Herf-A-Holic

4 years ago

I might be...

I just realized a new way the extreme right are hypocrites...

Abortion... if you were to model affluency and health of the population of the system based on resource availability and population growth...

You would find an argument very similar to hunting... or culling the herds. You want to keep forcing people to keep their unwanted kids to appease your fake morality while flipping it around to justify your desire to kill sh*t.

More evidence that we live in a Bizarro world.

Speyside2
Herf-A-Holic

4 years ago

Ben, I have some difference with your points of view. I believe everything was created by conscious energy (God). Also gold has the same intrinsic valuation that electronic currency will once it eventually levels itself out.

From my viewpoint abortion is evil. Though there is the discussion of when a medical procedure become an abortion? Also there is the discussion of when is carrying a child to birth the evil choice, and abortion is the morraly correct choice? Certainly there are justifiable abortions such as rape, incest, a child who cannot function in any way and will be a burden on society for say 85 years. Please do not use the ridiculous counterpoint that the odds of intelligent creation are approximately 0%, and the same argument hold for the odds of random creation are approximately 0%.

Speyside2
Herf-A-Holic

4 years ago

#10

As to the thread itself, this is modern monetary theory being practiced. Ray, please do not throw in Kensian economics, as it is not what this thread is about. Modern monetary theory devalues the dollar. If this happens, well, the ruble is a good example of this. It is rather worthless. I personally do not wish to live in an autocratic, socialist, or communist country. My belief is Trump had to go because he wanted an autocracy like Putin has. My belief is Biden has to go because he wants socialism like China has. In reality communism has, nor ever will exist.

RayR
Herf-A-Holic Topic Starter

4 years ago

#11

Speyside2 wrote:

It's Keynesian Spey, not "Kensian"

Keynesian economics, MMT, and socialism are intrinsically interlinked. You can't separate them.
Creepy Keynes once controversially said, “In the long run, we are all dead,” so why should we worry about the unintended long run negative effects of interventionist public policy?
Are "We are all Keynesians now" as Friedman once lamented? It's all about government interventions always and ever into the economy, cronyism, deficit spending, dishonest money, central bank money printing, growing national debt, and inevitable inflation that proceeds it all that robs the majority of the people of the buying power of their money. It's the very antithesis of the benefits of capitalism.

RayR
Herf-A-Holic Topic Starter

4 years ago

#12

bgz wrote:

Now you sound like Bernie Sanders or Bill Gates. They want to cull the human herds (as well as cows) too as you say...to save the world from the existential threat of CLIMATE CHANGE they'll say! Well, one excuse is as good as another. All you technocrats are alike, you don't believe in the natural organic order of things with all the glorious chaos that frightens you. You all think you've got it all figured out, that you are smarter than everyone else. You all know who can live and who should die in your imaginary Matrix world.
In your case, prolly too many drugs and too many dystopic fantasy video games.

Dg west deptford
Herf-A-Holic

4 years ago

#13

bgz wrote:

Curious Ben, where do you get hypocrisy when you don't believe in truth?

bgz
Herf-A-Holic

4 years ago

#14

Curious Ben, where do you get hypocrisy when you don't believe in truth?

Dg west deptford wrote:

You don't have the pre-requisites necessary for me to explain the truth for you. Realistically, you and I can't have a conversation on the subject... you require more knowledge to go at it with me.

In otherwords, you're currently incapable of understanding the truth.

Dg west deptford
Herf-A-Holic

4 years ago

#15

Is that true

bgz
Herf-A-Holic

4 years ago

#16

Unfortunately yes...

I'm about 99.9999999999999999999999999999% sure

Dg west deptford
Herf-A-Holic

4 years ago

#17

So your saying you could be wrong about everything you think you know?

bgz
Herf-A-Holic

4 years ago

#18

Yes.

Dg west deptford
Herf-A-Holic

4 years ago

#19

If you could be wrong about everything you think you know then you could be wrong about that.

Your absurd

You can make no knowledge claims whatsoever

Hypocrisy makes no sense in your worldview

For you to call out Hypocrisy is Hypocrisy against your own worldview

bgz
Herf-A-Holic

4 years ago

#20

Dg west deptford wrote:

Is space continuous or discrete?

Is time fundamental?

Is space fundamental?

What do you consider to be fundamental?

In your mind can your god answer problems that are undecideable? If so how?

Have you looked into other theories that try to answer these?

Also... while you're pondering those... how do you define a truth?

I define a truth as the result of an action applied to a truth function... ie, if I pass in list of variables under a predefined set of axioms, it either produces true or false.

Knowledge is collection of relationships built upon a given set of axioms and previously answered questions regardless of whether the results were true or false... ie it's possible to have false knowledge.

Therefore truth != knowledge.

Edited by user 4 years ago | Reason: Not specified

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