Denouncing austrian economics is denouncing reality.
What you bought ten years ago, does not cost the same today.
Dismissing that is dismissing that prices has increased.
Many think prices increase just because time goes by or supply/demand etc.
No, it's because of the inflation.
That's why many people are shocked by economic crashes.
They subscribe to keynesian economics.
Which is a total logical failure.
It can only help the government/federal reserve.
Not you, the individual.
Which is why EVERYONE suffers when the government/fed suffers.
Your loans are dependent on THEIR successrate...
WHICH IS IN A CONSTANT STATE OF FAILURE
by inflating the currency i.e printing more money.
Oh look a magically produced amount of money
that does not represent the value of property in existence
LET'S HOPE NOBODY FIGURES THAT OUT
AGAIN
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Pantysoaker (Long Spike)
^ u think billioniares were hurt by the crash in march? LMAO!
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puttefnask (Old Spike)
No, I think billionaires were also hurt by the pandemic, and continues to.
Some of them probably aren't even billionaires anymore.
I think you just happen to know the names of a few billionaires who've miraculously kept that title for decades by successfully handling that wealth through the continued success of their companies, and you find that morally reprehensible.
Would I be wrong in presuming you also think they owe you a percentage of their income in taxes to support your lifestyle, having produced absolutely nothing remotely resembling a successful enterprise during your lifetime?
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Pantysoaker (Long Spike)
billionaire were the ones that pulled out all the money causing the crash u dunce. Then they bought back in and bought up all the shit at a cheaper price in order to double dip their profits. This is the single biggest transfer of wealth form the poor and middle class to the 1% in human history.
Please explain how the federal reserve giving billionaires 100 million dollars loans at 0% interest to buy up securities and equities is hurting them?
Get your neo lib dogshit fucking out of here holy hell. Does nothing but help monopolies be even more out of control
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puttefnask (Old Spike)
You don't think the pandemic or the lockdown had anything to do with the economy going bad?
You think billionaires whom owe that title to their successful businesses aren't hurt when their businesses nearly fail in the sudden complete lack of supply and demand?
You think billionaires can only be the result of evil monopolies?
You don't think inflating the currency to hide a third world country equivalent deficit globally has anything to do with prices?
You are a bipedal credit card to the federal reserve.
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monkeymania (Long Spike)
It's all worked out well for most people I know. The best was a guy I saw last weekend who closed his business months ago, took his PPP money, and went golfing for months during the perfect time of year. Impressive. It's all about raping the system and coming out on top in this oligarchy. Not being on top isn't winning and losing sucks. A few people will get caught like the idiot who went out and bought a Lamborghini immediately but anyone with half a brain will skate away with easy money.
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Dagambit (Long Spike)
I am soo confused. The video seems like it is telling me something bad, but....
AOC says we shouldn't go back to work.
Right now he says people aren't paying their house payments, but the government is taking care ot if, all the rich people taxes are keeping the poor and lazy afloat, and also supporting hard working poeple that can't get a job because of Corona. Plus, just like all the progressives say, we can just print even more money!
This is like the left's wet dream, and it is working!
Iintense hard as fuck sarcasm was used in this post)
Comments
(Old Spike)
Denouncing austrian economics is denouncing reality.
What you bought ten years ago, does not cost the same today.
Dismissing that is dismissing that prices has increased.
Many think prices increase just because time goes by or supply/demand etc.
No, it's because of the inflation.
That's why many people are shocked by economic crashes.
They subscribe to keynesian economics.
Which is a total logical failure.
It can only help the government/federal reserve.
Not you, the individual.
Which is why EVERYONE suffers when the government/fed suffers.
Your loans are dependent on THEIR successrate...
WHICH IS IN A CONSTANT STATE OF FAILURE
by inflating the currency i.e printing more money.
Oh look a magically produced amount of money
that does not represent the value of property in existence
LET'S HOPE NOBODY FIGURES THAT OUT
AGAIN
(Long Spike)
^ u think billioniares were hurt by the crash in march? LMAO!
(Old Spike)
No, I think billionaires were also hurt by the pandemic, and continues to.
Some of them probably aren't even billionaires anymore.
I think you just happen to know the names of a few billionaires who've miraculously kept that title for decades by successfully handling that wealth through the continued success of their companies, and you find that morally reprehensible.
Would I be wrong in presuming you also think they owe you a percentage of their income in taxes to support your lifestyle, having produced absolutely nothing remotely resembling a successful enterprise during your lifetime?
(Long Spike)
billionaire were the ones that pulled out all the money causing the crash u dunce. Then they bought back in and bought up all the shit at a cheaper price in order to double dip their profits. This is the single biggest transfer of wealth form the poor and middle class to the 1% in human history.
Please explain how the federal reserve giving billionaires 100 million dollars loans at 0% interest to buy up securities and equities is hurting them?
Get your neo lib dogshit fucking out of here holy hell. Does nothing but help monopolies be even more out of control
(Old Spike)
You don't think the pandemic or the lockdown had anything to do with the economy going bad?
You think billionaires whom owe that title to their successful businesses aren't hurt when their businesses nearly fail in the sudden complete lack of supply and demand?
You think billionaires can only be the result of evil monopolies?
You don't think inflating the currency to hide a third world country equivalent deficit globally has anything to do with prices?
You are a bipedal credit card to the federal reserve.
(Long Spike)
It's all worked out well for most people I know. The best was a guy I saw last weekend who closed his business months ago, took his PPP money, and went golfing for months during the perfect time of year. Impressive. It's all about raping the system and coming out on top in this oligarchy. Not being on top isn't winning and losing sucks. A few people will get caught like the idiot who went out and bought a Lamborghini immediately but anyone with half a brain will skate away with easy money.
(Long Spike)
I am soo confused. The video seems like it is telling me something bad, but....
AOC says we shouldn't go back to work.
Right now he says people aren't paying their house payments, but the government is taking care ot if, all the rich people taxes are keeping the poor and lazy afloat, and also supporting hard working poeple that can't get a job because of Corona. Plus, just like all the progressives say, we can just print even more money!
This is like the left's wet dream, and it is working!
Iintense hard as fuck sarcasm was used in this post)