redpill me on modern monetary theory
Redpill me on modern monetary theory
Christian Wright
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Adam Sanchez
you can have debt to own real assets
you must have debt because everybody else has it to own real assets
so to do financial engineering to accommodate it
the limit is when you have 50% of the state budget going to payment on servicing the debt
at the 50% threshold you have civilizational collapse and your real assets are taken by the more fit owner of another civilization
Lucas Myers
it is actually redpilled because you realize that we are just using monopoly money and that the money supply is actually much more important than interest rates. therefore you can let interest rates at 0 or even let the free market decide on the price of money, because you can just controll the money supply via taxes. they just want to take the feds power and take it back to the gubament.
Juan Gray
who pays for things when you can just print for them?
Liam Parker
to add to that
you can go negative with the interest rate, and unwind the ponzy
since you print the money you can buy all assets that exist
the objective is to have production that you can leverage to end other civilizations
Joseph Ramirez
imagine the smell
Jordan Price
"too big to fail"
Nathaniel Hughes
google ray dalio, he just posted a summary of options to handle the next recession
Hunter Cruz
How do you design a contemporary monastery? This question, proposed to the studio, provided the directive for Erickson's examination of traditional monasteries and their programmatic reasoning. His design reevaluates the role of the cloister in a new monastery. Classically, the cloister provides primary circulation to all other programs; however, its rectilinear form restricts the potential of such an important daily path. In order to exhibit the almost continuous movement of the monks, Erickson looked to Architecture Principe's (Claude Parent and Paul Virilio) work with fracturing and the architect/monk Hans Van der Laan's research on proportioning and repetition. By fracturing the traditional cloister/program relationship, a new labyrinthine cloister emerges in which every space can be reached by several means.
Christopher Morris
OP, Check out 'Dirty floats' for how currencies are stablised against other fiat
for the creation on money check the below link, best 14 pages on the net! read it carefully.
bankofengland.co.uk
Also have a look @ 'The Grace Commission' to see what happens with taxes!
Ask if you have questions but have a look at the above first!
money is not simply printed! 'money' is debt & has to have a credit on the opposing side.
the printing money meme is the leaflet version of how it works.
Carter Scott
Pretty sure it smells like chicharron and pupusas.
Robert King
Basically, it's one of the best scams ever orchestrated, but if you are smart you can use it to your advantage.
Camden Nguyen
>just control the money supply via taxes
nice theory. how will they achieve this in practice? have they even thought about political reality?
>inflation starts going up
>lol we're doubling taxes goyim
Dylan Garcia
thats just the theory, of course it wouldnt work without taking the average wagecuxks last shirt awqy
Dominic James
It's also on his website: economicprinciples.org
Nicholas Rogers
Jews controlling money to leverage countries into genocide and war
The redpill is money has no value
Carter Stewart
Keynes was a mistake , this gif will explain the rest of his theory.
Jaxon Ramirez
The Holocaust is a myth and the germans were justified. Start there. Also 1913 is an important year
James Russell
the only real redpill is suicide
Levi King
>if you are smart you can use it to your advantage.
how
Jaxon Turner
>da ebil joo print dollur to steal monei from da hard workin whyte pepo
thats as far the average Jow Forumstard and Jow Forumstard knows about economics
Julian Torres
Download Anton's Forex class its on the net
Anthony Flores
actually that sums it up pretty nicely
Hudson Williams
can someone tldr where to put his money in a recession according to him?
Landon Garcia
Gold
Eli Cox
i'm solid blue pilled on MMT. humans are sheep. the economy relies on everyone - Boomers, Virgins, Chad, Staceys, Zoomers spending their fucking money so you brainwash them using TV, Jow Forums, Twitter, Instagram, Reddit. you make them feel unhappy and tell them spending money will make them happy. and it works and they fucking spend it and that's why we won't have a proper recession ever again. the government / Fed / Illuminati can do whatever the fuck they want with the monetary policy. need money? just print more lol, who the fuck cares. anyone smart enough to figure this out is also smart enough to just go along with it because there's not really another option. society and nature don't give a fuck who is right, they only care who is stronger.
Isaac Green
www.soundcloud.com/gotrichcapital/digital-gold-yinyang-loud
The ultimate red pill.
Nolan Rogers
"People generally don't care or understand how monetary economics works, we can probably trick them by just printing money whenever we need it and literally nothing bad will come of it because they're retarded plebs"
Xavier Turner
i do agree with this, but it also makes me want to gas kikes. in the end they will be grateful that crypto gives dissidents a peaceful alternative to their (((MMT))) scam
Josiah Young
you seem to imply jews actually work, but have you ever seen an actual jew working a blue collar job?
James Lee
>print fiat until the goyim catch on
>ditch fiat for a new currency
>slowly remove the backing for that currency
>repeat
Robert Jackson
we need inflation to inflate the debt. that's it basically.
gold is the traditional inflation hedge, not sure about btc but i think it will do the job aswell.
the current problem is that the money doesnt "arrive" at the bottom where it would be spend, so all the money flows into stocks and real estates inflating the prices whereas the wages / other consumer goods stay the same.
if they are succesful and the money pours to the poor real estate prolly keeps raising, if not there will be a point where people wont be able to pay for the rent and there will be no idiot buying that shit for more than you bought it. to make it short real estate could be a bad investment, same basically applies for stocks.
whatever happens the wages of the bottom 20% will never raise equal to inflation that's why it ultimately will fail but later
Angel Jenkins
>ray dalio
youtube.com
LMAO it's another brainlet boomer
Evan Edwards
>Gold
>Buying boomer rocks
People seriously don't do this, right?
Josiah Sanchez
Think of the economy as a giant bucket of water with a hole in the bottom or bathroom sink filled with water.
When you tax the economy, water drains from the sink. When you print money (or lower interest rates or otherwise inject cash into the economy) you're running the spigot. The idea is to keep the sink as full as possible without spilling over the edge. Drain to much water and unemployment rises, overflow the sink and too much inflation occurs. Most economic theories assume you have to pay back the debt but MMT says that you don't because ultimately you print the money and thus when you need more, you just make more which governments can do because they control the printing presses. Which makes you nothing like a household. Refer to the picture for an example.
Marketplace did an excellent segment on it earlier this year.
marketplace.org