so how is wealth redistribution going to cause inflation?
So how is wealth redistribution going to cause inflation?
Other urls found in this thread:
people have more money
they wont take the same low-level jobs for the same low wages
businesses are forced to raise wages in order to attract employees
in order to offset the costs theyll rise the price of their goods
inflation
If I live in a small, hypothetical, totally self-contained town, and I charge a rent of 100 dollars a month, and you start giving everyone 1000 dollars a month, then guess what? I am going to raise my rent on you.
Also obviously if you start printing money just to pay debts (which includes giving everyone 1000 bucks a month) then yeah, you get inflation and then probably hyperinflation, which is a nightmare, which is what is happening in Venezuela right now.....and has been happening there for quite a while now.
The same reason prices went up when woman working became the norm.
When people have more disposable income companies hike up their prices.
except leftists like yang
The onlu thing it will inflate is ehiy ebank accounts, shitskin bank accounts are already inflated.
Get that bag 2020
youtu.be
Yea, but that doesn't portray the narrative that Yang is this underdog that came out of no where, and everyone loves him for no real reason now.
It's can't get the nuclear codes level of shilling.
>they wont take the same low-level jobs for the same low wages
Who cares. If you're white, you wont get any of these jobs anyway.
Scandinavia is already so hyper inflated at this point, but i'm still able to live relatively well despite not making a lot. Even with inflation, you could still get by with less living in the US. If we Europoors can, so can burgers. The only ones complaining about this shit are boomers.
Why would a white nationalist give a fuck about the US economy anyway? lol, let it fucking crash and burn.
It doesn't, inflation happens when the whole of monetary system expands
im not a white nationalist im a liberal, so i care
>It doesn't, inflation happens when the whole of monetary system expands
>Giving EVERYONE 1k$ every month will not do this
Holy fuck you're stupid.
Why are you excited to be a welfare monkey
Get a job
>im not a white nationalist im a liberal, so i care
Hilarious. Then your opinion is worth even less.
Aside from the obvious point that makes (LMAO) I just wanna say I love how you just SAY this as if its a platitude. AS if the cost of EVERYTHING won't just suddenly go up once people can afford to pay more. Like LMAO are you new here?
It doesn't, MIGApedes are just that retarded.
Before Yang: Shlomo Gokdsteinberg siphons 1 million dollars from the state
After Yang: Shlomo is expelled and 1000 Americans receive their Yangbucks
No inflation if the total money in the system doesn't change.
>MIGApedes in charge of economics (or wall construction lmao)
I'm an insurance broker who makes $50000/ year if I could gt $12k from the government an another $24,000 from a grocery story job and make up the difference doing something I njoy in my spare time I would quit my job tomorrow. I don't think you realize the perspective you get once you've achieved the typical and been in that spot for a while. I do this garbage job because I have to not because I want to. It doesn't help that I know in the back of mind that my job will be automated out of existence by the time I'm 40. People will do the low paying jobs for certain and will be happy to do them.
in this echo chamber i suppose so but fortunately there is a real world out there as well where the positions would be quite the opposite
im not saying that its good or bad, simply that it does cause inflation
Because America doesnt have enough money to pay for anymore gibs so we would have to print it and ultimately hyper inflate. This dumb ass country already spends more than its gdp as is hence our 22 trillion debt. This would just speed up the collapse.
It's going to inflate the gun market when Yang starts banning "Assault Weapons".
>mfw you're already giving away more money to poor bums under public outreach through bilkers
Really it's just changing the current into a more useful way
In fact, it will decentralize the population due to the less appeal of employment
Maybe I misunderstood you. You seemed to be saying that people wouldn't do low paying jobs for the same wage, I'm saying I would and many others would as well just to get away from the drudgery of their more complicated mid range jobs.
It will inflate the subway prices when cars are banned in 10 years.
money doesn't hide retards, it's not sitting in a bank. it is in constant circulation. tax takes it out of one place and moves it to the government. it does not increase cost of goods. Are you claiming people currently don't buy food?
>lives in a homogenous ethnostate
>liberal
Then vote with your feet my democratic friend
Move to Stockholm Sweden
traffic is to bad to commute anyway
sweden is progressive, not liberal
progressive = neoliberal
yes and neoliberal =/= liberal
>so how is wealth redistribution going to cause inflation?
That depends, is your idea of wealth redistribution "LOL JUST RAISE THE MINIMUM WAGE?" Because if it is you're a waste of my time.
The west can't hold out much longer in a current state, you've seen what's happening in paris right now
so in other words you are an immoral colonialist
imagine criticizing transgender women
what
im against brain drain
If giving Israel trillions doesn't cause inflation, giving ourselves trillions will actually help our economy.
but say nothing about resource and capital drain
thats what brain drain means genius
You can't get 3.6 trillion from wealth distribution alone without liquidizing the majority of business assets such as vehicles and machinery.
So the only way he could achieve this is through getting the fed to print money.
@206188924
(((you)))
>step 1
remove incentive to work and generate revenue
>step 2
populists demand even more redistribution
>step 3
print money to combat deflation without growth
>step 4
weimar
As some anons have posted above, more disposable income will lead to price inflation. This is different from monetary inflation, which arises from printing more money.
Shills are preying on ignorance between the two, or are ignorant themselves. Monetary inflation, however, could also occur if banks feel the need to inject more liquidity into the economy via quantitative easing to prop up the system.
Yang's intended VAT (sales tax) to pay for UBI would also lead to price inflation, as corporations will just make their customers pay the extra money. All in all, the utopian $1000 will be whittled away by some form of inflationary effect.
Cheap loans also cause inflation, interest causes inflation, and even more so time causes inflation. 25 years at 3% doubles everything even with low inflation of today you should see prices double more than once in your lifetime by time itself.
this already is weimar
>Why would a white nationalist give a fuck about the US economy anyway? lol, let it fucking crash and burn.
production will rise to meet the demand
You know what? I'm not arguing this stupid convoluted shit. It's really not debatable. It's very simple. If you give the public more money, then the people setting prices are going to charge more. LMAO. Simplest concept ever. If you can't get it and try to think circles around it then that's your own fault and you're a moron or a dishonest shill prick.
your market deity will increase supply to accomodate the demand via the mechanism of competition. the problem now is capital is dominated by a narrow few.
refer to
>more disposable income will lead to price inflation.
That doesn't make any sense. How will more disposable income cause higher production costs and lead to higher prices? Where the hell are you pulling this from?
Oh really? That's interesting, so there's gonna be a bunch of "competition" for rent? There's gonna be a ton of new rental properties going up out of nowhere?
How about utilities?
The thing you're saying is true when it comes to consumer luxuries and items that are available in a truly free market, but thanks to the lefties we're sorely lacking in free markets today.
as well as ubi you have tp put an upper limit on earnings too. money supply is limited then to match resources. no inflation and fair system with no spoilt rich and no-one with nothing. everyone in receipt of ubi should do at least a day of community work tho.
Those trips, utterly wasted
wrong you have been brainwashed by the jews
>Also obviously if you start printing money just to pay debts (which includes giving everyone 1000 bucks a month) then yeah, you get inflation
Feds have been doing it and all the banks as well most of the money does not exist but we all play along
>If I live in a small, hypothetical, totally self-contained town, and I charge a rent of 100 dollars a month, and you start giving everyone 1000 dollars a month, then guess what? I am going to raise my rent on you.
And the guy that wont will take your buisness
>to offset the costs theyll rise the price of their goods
more and more companies are doing automation and the prices are not falling...
You are farid of giving people 1000$ nhow imagiane what all those bilions spent on projects like F35 or Israel have done ....
insurance broking can probably be done better by a machine on the internet
yes, there is going to be a ton of rental properties built. are you dense? this is simple supply and demand.
Do you REALLY think any white people will see one red cent of this UBI?
Do you really expect a democrat to defend your free speech from big tech? Who do you think has been the biggest supporter of the democrat all these years?
Do you think YOU will survive if you collapse this government? You tubby, anime-fapping, gibs-collecting neets will likely be the first ones eaten, and they'll probably feast on you for a whole week!
Pic related, this is what you're REALLY about to elect.
Toodles from Canada, WangGang~
>come at me brows!
Those look like natural tits to me.
That's a FTM.
>Come at me brows!
Thanks, frog, I needed that!
Dude newsflash bud, there's already tremendous DEMAND for cheaper rental properties. Giving people MORE money is objectively only going to lower that demand.
The point I'm making to you is that you don't live in a free market, so you have effectively controlled prices. So giving everyone an extra 1000$ isn't going to result in a long term, sustainably better quality of life, just objectively speaking.
You can keep trying to deny the thing I'm saying, but it's just simple concepts and economics, and it's not really up for debate.
There isn't that much demand because they don't get built. With UBI there would be actual demand. You can't argue this from free market principles, they are on my side.
Thing is if people like you didn't just blatantly and flagrantly deny simple obvious facts and concepts because you have some kind of bias or agenda, we could actually FIND real workable solutions to problems. Like, for example, maybe creating more free markets. Maybe stopping corporate welfare to stomp out the effective-monopoly that exists in nearly every industry today, and THEN maybe talk about whether UBI, higher minimum wages, or my personal preference repealing Taft-Hartley and other union laws would finally work to make life far more pleasant and less slavish for the working classes.
But you don't do that. Noooooooo. You just wanna deny simple basic facts and concepts. Same fucking shit as always, and 90% of the time people like you exist on the left, which fucking aggravates me. IDK why it's that way. Back in the day the ignorants were all in the Republican party, but now they're all fucking upper middle class, soulless progressives and leftists and "anarchists" and whatever other meme-leftism ideology is popular this week.
:p
LMAO so lets just be clear, you are UNIRONICALLY and WITH A STRAIGHT FACE claiming that "there is no demand for cheaper housing" in the world today?
AAAAAAAHAHAHAHHAHAHAHAHHAHAHAHAAHAHAHAHAHAHAHAHAHAHA
AAAAHAHAHAHAAHHAAHA
OMFG.
OK PLS BRO, SEE MY RESPONSE HERE CUZ IT'S REALLY RELEVANT TO THIS COMMENT TOO.
>Really it's just changing the current into a more useful way
false
>In fact, it will decentralize the population due to the less appeal of employment
Nice word salad you fucking reject
$1000
This is wrong
french tourists posing with local police
No, there is plenty of demand for cheap housing. The problem is that gov regulation makes building more of it very expensive, and thus not very profitable. That's why there are housing shortages everywhere.