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The Retarded Thread: Get off that bus edition
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2020-04-03 at 9:09 AM UTC
Originally posted by Sudo They're obviously not printing physical money for this whole bailout, it's creating an influx of cash from the public side. that's going to have repercussions, the issue is whether it mitigates the losses.
Again if you are gonna do the same thing as soygay and refuse to acknowledge or understand the basic facts after I already told you, then everything you say is a waste of time.It's not a real stopgap because it can't be filled completely. This is a classic Keynesian fix that is temporary and after things go back to normal you're going to see inputs, products and services costing more to offset lost revenue and cover the costs of new logistic and supply chains. It's going to cause inflation to rise at a higher rate Year on Year than expected and the trumpbux may in fact offset this. Production costs are going to rise, employers will feel obligated to hire workers back with the same stagnant wages.
You are god damn retarded in the same way as soygay. This is an advance balanced against next year's refund. PLEASE nigger, go and read the basic letter of what is happening before you spend any time babbling sub-101 level badeconomics, or stick to Canada.Consumer prices have raised in some areas just since the crisis happened, it's pretty clear to see this is going to spread across many sectors. Thankfully there have been some mandated rent freezes and other measures to offset this
Mark my words inflation will be at a higher rate than last year
..... Nigger, please tell me you recognize the difference between price increases due to scarcity, and inflation. -
2020-04-03 at 10:04 AM UTC
Originally posted by Fox That’s exactly what they’re doing you invalid paki fuck.
Neel Kashkari, President of the Federal Reserve Bank of Minneapolis:
https://www.cbsnews.com/news/coronavirus-and-economy-best-and-worst-case-scenarios-60-minutes-2020-03-22/
The Federal Reserve's normal job includes printing money by buying and selling instruments, they actively do that already. No extra money is being permanently added to our economy for the purpose of the stimulus. It is balanced against next year's tax refund. However I would not expect a clerk dogfucker to understand the federal reserve system.
Originally posted by Fox Apparently that’s you, dumbass
Iron knee -
2020-04-03 at 10:05 AM UTC
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2020-04-03 at 12:20 PM UTC
Originally posted by Fox That’s exactly what they’re doing you invalid paki fuck.
Neel Kashkari, President of the Federal Reserve Bank of Minneapolis:
https://www.cbsnews.com/news/coronavirus-and-economy-best-and-worst-case-scenarios-60-minutes-2020-03-22/
That guy they interviewed is from the Federal Reserve and they aren't the ones who print money, the Treasury does.
Also the money comes from taxes the Treasury keeps. They don't just print out 2 billion dollars on a whim, you retard. But good job finding the one incorrect article that says otherwise -
2020-04-03 at 1:03 PM UTC
Originally posted by MexicanMasterRace That guy they interviewed is from the Federal Reserve and they aren't the ones who print money, the Treasury does.
Also the money comes from taxes the Treasury keeps. They don't just print out 2 billion dollars on a whim, you retard. But good job finding the one incorrect article that says otherwise
Quoted, in case you try to edit.
Also no. -
2020-04-03 at 1:40 PM UTCWhen your neighbor coughs
The following users say it would be alright if the author of this post didn't die in a fire! -
2020-04-03 at 2:46 PM UTCTWO CASES OF WATERBOTTLES I AM READY FOR THE END DAYS
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2020-04-03 at 2:46 PM UTCwho around
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2020-04-03 at 2:47 PM UTCDude I'll sit up at like 4 or 5 am just sick in the stomach trying to fight it on the couch drinking water bottles to keep me asleep...it's like hell, §m£ÂgØL. It's because I drink so much.
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2020-04-03 at 2:51 PM UTC
Originally posted by mashlehash Dude I'll sit up at like 4 or 5 am just sick in the stomach trying to fight it on the couch drinking water bottles to keep me asleep…it's like hell, §m£ÂgØL. It's because I drink so much.
So stop drinking nigga. I know a 19yr old in rehab right now who has has cirrhosis of the liver from drinking. He's shat/thrown up blood and got his spine fucked up in a DUI.
Alcohol is a terrible drug to do daily -
2020-04-03 at 2:54 PM UTCYeah man so I was in the hotel and i drank down so much that my organs started to hurt, there was nothing I could do I just sat in bed while my organs were all fucked up and then I got a benzo medication and I got bored so I took like 6 mg and it took me like 3 months to recover.
§m£ÂgØL\ -
2020-04-03 at 2:57 PM UTC
Originally posted by MexicanMasterRace So stop drinking nigga. I know a 19yr old in rehab right now who has has cirrhosis of the liver from drinking. He's shat/thrown up blood and got his spine fucked up in a DUI.
Alcohol is a terrible drug to do daily
Lol what a retard/pussy. Obviously he deserves to have cirrhosis if he has it at NINETEEN years old.The following users say it would be alright if the author of this post didn't die in a fire! -
2020-04-03 at 2:59 PM UTCHow do you get Cirrhosis by nineteen? lol
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2020-04-03 at 3:33 PM UTC
Originally posted by mmQ Lol what a retard/pussy. Obviously he deserves to have cirrhosis if he has it at NINETEEN years old.
Yeah I know lol. He was drinking close to a handle a day, starting from morning to night. I guess even a couple of years of heavy drinking can do that to you.
My other friend's brother died at 30ish from a similarly heavy habit. His liver gave up on him and he was on life support for a while. My friend would've cared too if he wasn't such a major asshole from the drinking. Its sad, makes me crie everytime. -
2020-04-03 at 3:37 PM UTCI want you to cry so you can understand what it means to feel paigne.The following users say it would be alright if the author of this post didn't die in a fire!
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2020-04-03 at 3:53 PM UTC
Originally posted by MexicanMasterRace That guy they interviewed is from the Federal Reserve and they aren't the ones who print money, the Treasury does.
Ok dumbshitNeel Kashkari: That's literally what Congress has told us to do. That's the authority that they've given us, to print money and provide liquidity into the financial system. And that's how we do it. We create it electronically. And then we can also print it with the Treasury Department, print it so that you can get money outta your ATM.
Originally posted by MexicanMasterRace They don't just print out 2 billion dollars on a whim, you retard.
When did I ever say it was on a whim you fucking illiterate beaner. I said they are printing money, which they are. Classic goal post moving, your go-to whenever you are indefensibly wrong -
2020-04-03 at 4:07 PM UTC
Originally posted by ORACLE Again if you are gonna do the same thing as soygay and refuse to acknowledge or understand the basic facts after I already told you, then everything you say is a waste of time.
You are god damn retarded in the same way as soygay. This is an advance balanced against next year's refund. PLEASE nigger, go and read the basic letter of what is happening before you spend any time babbling sub-101 level badeconomics, or stick to Canada.
….. Nigger, please tell me you recognize the difference between price increases due to scarcity, and inflation.
Faggot I'm an econ major and you're literally saying nothing. You just typed words and said it's filling a gap in the economy and I explained that many parts of this crisis are going to result in higher prices due to inputs/networks/distribution being disrupted along with wages remaining stagnant and you just said "NUH UH" without refuting anything. Having the fucking borders closed for exports will put pressure on inflation. Assuming supply stays exactly there is obvious upward pressure on prices, hopefully only in the short term.
"advanced balanced against next years refund" do you think that actually makes a difference? You're still talking about trumpbux and I was explaining the numerous other factors to you besides cash liquidity resulting in inflation. If huge bailouts are given to companies who aren't producing and putting the money into production, that could have a negative impact on inflation, other than that, like I said before I don't think it will have much of an impact. I hope I'm not going too fast for youThe following users say it would be alright if the author of this post didn't die in a fire! -
2020-04-03 at 7:16 PM UTCArguing on NiS is like getting gold in the Special Olympics.The following users say it would be alright if the author of this post didn't die in a fire!
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2020-04-03 at 7:20 PM UTC
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2020-04-03 at 7:35 PM UTCThe following users say it would be alright if the author of this post didn't die in a fire!
