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Posts by vindicktive vinny
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2020-08-11 at 1:21 PM UTC in Broke-ass Yankies admit to $3 trillion defict so far in 2020
Originally posted by ORACLE Already a joke^
Originally posted by vindicktive vinny https://www.zerohedge.com/economics/modern-monetary-theory-playing-fire
bangladeshis opinion need not apply. -
2020-08-11 at 1:20 PM UTC in Broke-ass Yankies admit to $3 trillion defict so far in 2020
Originally posted by MORALLY SUPERIOR BEING 2020 IV: Intravenous Soyposting Seems to be a pretty good summation and article, right up until the author starts expressing his opinions.
Such as:
lmrao
MMT is fundamentally proving more or less correct, at least in the short term. Although the whole thing is just Keynesianism 1.5, more than it is a genuinely new theory.
And the thing about government spending is that those closest to the government will always benefit disproportionately. That's why government spending always tends to keep increasing.
i crtl-F'ed the whole article but couldnt find the word cronysm.
anyway the root cause of cronysm lies in the people in charge and is not a result of monetary policies or systems and its going to happen irregardless of whether your on classical gold standard, barter of MMT. -
2020-08-09 at 11:51 PM UTC in Technologist: let's have a 'constructive conversation about systemic racism'
Originally posted by MORALLY SUPERIOR BEING 2020 IV: Intravenous Soyposting I don't think you even get it.
Some of these people literally think the only reason they have to work and aren't able to live in a mansion is cos whitey is too mean to make everything free.
its true tho.
a lot of the riches of those white countries, nordic and anglo came from the proceeds of looting and blayamt robbery and drug pushing. -
2020-08-09 at 11:40 PM UTC in Massive and aesthetic ANFO explosion at Beirut Port
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2020-08-09 at 11:34 PM UTC in Technologist: let's have a 'constructive conversation about systemic racism'
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2020-08-09 at 11:33 PM UTC in Technologist: let's have a 'constructive conversation about systemic racism'
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2020-08-09 at 11:31 PM UTC in The fair price of labor.
Originally posted by Splam Pretty simple. Minimum wage laws were set so that mexicans and niggers couldn't drive down the price of white labour. Actually, I mean idiots. I'm not racist. Idiots are willing to work for less than the value of their labour, and as such drive said value down.
Where I live, minimum wage is now 14$C an hour. Trades fresh out of high school pay 18-20$C an hour. Minimum wage really only applies to teenagers, fast food, walmart, etc. Compared to the states however, that's bad with the current dollar rate.
Norway technically doesn't have a minimum wage. This is so they can pay peanuts to the Polish and Lithuanian strawberry pickers. Expected wage fresh out of high school is 20$US an hour for stuff like gas station clerks.
just because theres a minimum wage doesnt mean thatbits a fair price. -
2020-08-09 at 11:30 PM UTC in The fair price of labor.
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2020-08-09 at 11:25 PM UTC in Debate: Trump, vs Biden
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2020-08-09 at 5:23 PM UTC in Broke-ass Yankies admit to $3 trillion defict so far in 2020https://www.zerohedge.com/economics/modern-monetary-theory-playing-fire
bangladeshis opinion need not apply. -
2020-08-09 at 4:54 PM UTC in wat happen to fox and MMR
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2020-08-09 at 4:44 PM UTC in Technologist: let's have a 'constructive conversation about systemic racism'
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2020-08-09 at 4:43 PM UTC in wat happen to fox and MMR
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2020-08-09 at 4:39 PM UTC in Tronald "The Cannibal" Dumpf is the first president since Jimmy Carter...
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2020-08-09 at 4:37 PM UTC in TRUMP 2020!!!
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2020-08-09 at 4:22 PM UTC in Technologist: let's have a 'constructive conversation about systemic racism'
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2020-08-09 at 4:16 PM UTC in Technologist: let's have a 'constructive conversation about systemic racism'
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2020-08-09 at 4:11 PM UTC in The fair price of labor.
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2020-08-09 at 4:06 PM UTC in Heyyyyy
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2020-08-09 at 4:02 PM UTC in The fair price of labor.
