What's the argument against $1000 becoming the new $0?
From what I understand about Yang's UBI proposal, we're not printing money. We're redistributing money. Money doesn't have value because some have it and others don't. It has value because it represents actual resources. Those resources exist in our economy. The economy is much healthier when more people can be active in it. Thus the Freedom Dividend cannot cause inflation.
Thoughts?
you're a fag, get a job
I think you have no fucking idea what you're talking about.
That money should go to Israel!!!
please provide proof that this chink has ever called for reducing aid to israel.
REMINDER THAT SHILLS WILL USED BASTE ERUO FLAGS TO MAKE AMERICANS THINK THEY ARE POSTING FROM A POINT OF INTELLECTUAL SUPERIORITY
TLDR, give me that bag.
>it represents actual resources
>what is "fiat currency"
>what is "full faith and credit"
>what is "fractional reserve"
wew lad noice shitpost
>you mean the third job
>If it isn't going into our pockets then it should go to Israel
Really activates my almonds
Nobody owes you anything, get a fucking job you zoomer piece of shit
>get a 3rd job working as a barista at Starbucks
Ftfy
If you haven't learned how to work the system by the time you graduate university then you are a failure
I think it's more of a threat than anything.
>Vote jew or we'll starve you to death. Shalom.
>Greatly increase resource consumption without increasing production
>won't cause inflation
>BB-BUT WHAT ABOUT THE FLATULATION!!!
The only people who will benefit from UBI are people who already have jobs. Unemployed people already get gibs and UBI won't change that.
CHINK HERE TO SHIT ON RACE TRAITOR CHINK.
反犹太主义万岁
Lrn2basiceconomicsfggt
>NO NO NO!!! WE CAN'T DO THIS!!! THINK ABOUT THE INFLAMMATIONS!!!
Alright kid. Keep denying reality.
It's better for you if you don't strain your brain anyways.
>Yang is just a mem-
>THINK ALL THAT MONEY THAT COULD HAVE GONE TO ISRAEL INSTEAD!!! AND DON'T FORGET THE INFLUMANATIONS!!
First time inspecting the element?
>posting last months rigged poll
topkek. migashills are seething
Bribing voters with their own money, fuck this insectoid immigrant.
>H-hillary will win
Lmao you pathetic shills never fail to make me laugh with your "yang gang" threads
Face it, most Democrat candidates will be infinitely more successful than any of your sad virgin candidates ever will be. You are on the wrong side of history, get over it losers
from zionist boomer money* dumb kike
Biden isn't even running. What kind of fake shitty poll are they conducting there?
I love it when migakikes pretend they don't even care about yang and that he is irrelevant, and yet here they are in all the yang threads bumping them and shilling against him for hours
your kike shilling is so obvious its actually hilarious
He's so irrelevant they spend 18 hours a day posting in his threads
>Anything has changed from last month to this month
Keep crying faggot
Pic related
>Hillary won't rig the system again
Keep dreaming faggot
I went an looked it up. That same poll gave Biden a 10 point lead over Trump.
>please guis!! believe the rigged kike polls from fox and cnn!! they are all 100% real!!
this is starting to get sad
Why do you want to fund inflation with our own taxes and debt?
What makes you think GDP expansion is necessary, or even vital?
Keep spewing the line, faggot.
How many pro-trump threads are up right now and how many Yang shill threads are up?
Now that's an actual argument to become a U.S. citizen.
Post one then faggot
>9 posts by this ID
>I-I don't even care about yang!!
lmao. RENT FREE migakike. the more you shill the more popular he becomes
Even if we assume no inflation would occur, it would still be theft.
>Money doesn't have value because some have it and others don't. It has value because it represents actual resources.
People price goods according to purchasing power, when you decide what price to sell your labor for, you take into consideration your expenses and how you'd like to live.
These prices, however, are limited by competition, you cannot set your price higher than the competition without that resulting in a loss of business or in a lost job opportunity.
Supply and demand is quite easy to understand, bigger supply + lower demand = lower prices, bigger demand + lower supply = higher prices.
With UBI, you're removing part of the population from the work force, even if you think 1000$ might not be enough for you, people living in small towns might do ok with it, people between jobs will have less pressure to find a job, and people deciding that stressful jobs are not necessary anymore, choosing to do something more vocational (and less productive). This leads to a lower supply of goods.
On the other side, you have a lot of people who now have access to goods they did not before, increasing demand of specific goods (mostly inelastic demand goods such as housing, education and healthcare). This alone increases prices although it doesn't explain the inflation, but...
Inflation is when the money in circulation grows faster than the productivity of an economy, when the demand for money is lower than the demand for products. By removing part of the work force you reduce the productive output of your country and thus increase inflation.
This doesn't account for a growth in the tax rate (VAT) affecting business in a way that give an edge to foreigner companies, boosting imports, increasing debt. The economy quickly spirals into massive deficits and that's when the politicians decide to block imports, creating a black market, and screwing up the economy further.
cont.
this. we can't just steal money from all those hardworking jews on wallstreet! Besides, that money belong to Israel
why would it be superior? that's some weird stigma you have there m8
>an "reality is wrong if it disagrees with me" cap autism rant
This oughtta be good
>pic
exquisite boomer cringe
The freedom of America from Jews?
The most accurate polls are the betting polls since they are updated live (instead of weeks behind), constantly changing with new information, and people have actual money riding on them.
Yang is doing better than Liz Warren.
Why don’t you guys try it first— you know, after your SECOND vote on Brexit. You’re a free country, right?
It would mean a loaf of bread would cost $2500,- rather than $2,50.
Money has value because people need it for transactions.
It represents debt actually.
Yes debt is a valuable resource in the world of banking.
Naturally the proliferation of debt trading requires more debt in order to maintain a healthy growth of that business.
Debts slow down people's purchasing habits, if not outright deleting them.
Prices will inflate to pay for UBI, cost of living will increase in general.
Will people get paid more to offset this?
No. And UBI won't scale.
>subsidizing lazy niggers
Trust me, it doesn't work
>Oh no stop Trump please money is our only weakness. The $40 billion hurts us! Because of your 6d chess we lost all of Syria and now we only have our settlements in the Golan. Jerusalem is now the recognized capital oy vey make it stop.
>Yang say VAT will generate an additional $800 Billion
Let's just blindly accept that number & continue
>MOST of that spending is actually coming from EMPLOYED people (people earning Average $50k wage)
So what happens when
>50% of people went from spending $50,000 per year in the economy, contributing to VAT, are now 50% NEETS spending only $12,000 per year
See the LONG TERM problem???
>Spending and the economy SHRINK as more go on UBI.
>Thus VAT income DECREASES significantly over time
Conclusion: UBI can no longer be funded.
You've got to realize UBI is not being proposed as a serious long term solution.
Its to buy TIME & your consent to give up gun rights,
They need to avoid a chimpout when masses of jobs are being replaced by robots.
They can buffer things with FED printing for long enough until the point they no longer need us.
Then they just let it collapse.
Mass chimpouts start
...
& then guess what happens...?
Killing millions is "not genocide" if the population are chimping out right?
Your just killing "terrorists".
>pic related
UBI is for brainlet niggers.
>Can't find a poll showing him past 1%
Nice.Can't wait for you to be out of a job once 2020 elections are over.
Some UBI advocates claim that automation will increase productivity so we don't need people working.
Even if true, imagine that we said this in the industrial revolution. Productivity did indeed increase and, in order to live like in the industrial revolution, today we'd need 10% of the work force they had, but who the fuck wants to live like in the industrial revolution?
Believing that we're at that sweet point of Marxist post-scarcity is fucking retarded. Post-scarcity does not, and will never exist as long as there's someone to compare yourself with. If a country does not embrace UBI and becomes 10 times wealthier over the course of 30 years, and its people begin living up to 140 years with fantastic health, people would understand that there's always room for growth. See the example of Singapore vs Cuba to understand this. Cuba was richer, Cubans decide to share the wealth cause they thought there'd be for everyone, 30 years later Cuba is a shithole compared to Singapore.
If Cuba was isolated and had nobody to compare themselves with, they'd believe that they're doing so good, that they're managing to live almost as well as they were living before the revolution, but now everyone has access to that life. That's why socialism is international and that's why they built the Berlin wall, because comparisons fucking suck for socialists.
If, instead of embracing UBI, we kept going for Capitalism, we'd go towards an economy where working for 1 day per week and then investing money in highly automated companies could sustain a comfortable life, instead UBI advocates are asking to slow progress down in order for equity. The Cuban way.
fantastic argument there lad
>Bread goes from barely affordable to unobtainable
Sure thing great depression
>bbb-but muh CNN polls!!!!!
kike you are just embarrassing yourself
imagine giving a shit about $1000/month lmao
fucking losers still living with their mothers
you can just donate your 1k to Israel if you want boomer
Gun grabbing gooks go home
migaboomer got cucked again lmao
Every American should be forced to pay 2000$ a month to israel
Velocity of money is a contributing factor to inflation just as much as monetary supply.
If you have 10 x 1 dollar notes, used 10 times a day each, thats a 100 dollar a day economy.
If you have 1 x 1 dollar note used 100 times a day, thats a 100 dollar a day economy.
See my point im making here, its technically possible to have hyper velocity of money with a small monetary supply, resulting in hyperinflation. They often go hand in hand as high inflation tends to encourage high velocity of money.
So if everybody suddenly had 1000 dollars to spend, the non sensible spending spree could result in velocity of money increasing, thus increasing inflation kind of without actually increasing the monetary supply.
Economics is fucking insane and most people dont understand the nuance, its a multi variable equation and is never as simple as socialists ever suggest.
I'm not saying yangs UBI idea wont work, i'm saying it has the potential to not work. People are weird and fickle and retarded.
Free money doesnt always have the historical trend of helping an economy.
Im curious how it may work with automation if they essentially tax the robots and pay an alaska style oil dividend to the populace, based on, but its really just robbing from peter to pay paul.
Taking money from one side of the economy to make the other side look good.
I have seen body address what would be the solution is velocity of money increased massively as a result of ubi, so inflation might be down, but velocity could be up, and as you said, a lot of that money might flow into inelastic goods.
UBI might do way more harm than good and not solve the problem as velocity of money may increase to cope with reduced inflation, therefore it just adjusts to match the change in monetary supply and it plateaus and people end up poor again.
UBI can't work, that's ISRAEL'S MONEY you're messing with
dumbest comment here.
We only give israel money so they can kill the muslims when the time comes.
this. Israel are /ourguys/ in the fight against terrorism
>t.60 IQ Zionist boomer
> me suckee suckee
Go away yang shill.
Sage.
what a dumb ass. Why not keep the money and make America Great Again? You see how stupid you sound? Fucking idiot.
>Just give me the money instead
shut the fuck up, commie
>Get $1000 for cuck vote payoff
>taxed as earned income by IRS
>40% lump sum tax
>yfw you realize you traded a vote for $600 bucks
lmao @ ur cucked poorfag life
i think its a good idea
give money back to the people
good luck finding anyone else to give you $600 you retard (russian troll)
>money doesn’t have value because some have it and some don’t
Actually that is the exact definition of what constitutes relative value. Value is derived in part from scarcity, so if something is both in demand and scarce, its value increases. By contrast, price inflation occurs when too much currency is in circulation and businesses accommodate to make up for lost value by raising prices.
Take meme flag off jidf.
Scarcity is a boomer meme and a lie that's meant to keep the majority of americans as wage slaves and tax cattle.
The United States has 300,000,000 people. If everyone got 1,000 dollars a month, that would be 300,000,000,000 dollars. The US has a budget and national debt crisis. The United States cannot afford this, or most of the programs it has right now.
remove VPN psygroup kike
let us assume the worst case scenario and say that things go up on average $1k a month for everyone as a result of this (a thing yang claims will not happen)
Even then, only the average is going to go up. a person making average+1k, will be exactly where they were before, a person making above average+1k, will be worse off (as the price of everything has increased to some degree, and the above-average persons will have to eat this increased cost on the more numerous quantity of things he is accustomed to being able to buy due to his extra money)
Even in this case then, the person making less than average will still see some benifit from the $1k, with a larger benifit being seen the poorer and poorer the recipient.
So even if this will cause cost of living to go up $1k on average, it will still benefit the poor and have no impact on the average american.
funny how there's never a budget or national debt crisis when it comes to wars for israel or bailouts for wall street banks, but there is when you try to give americans a dividend lol.
Cool story faggot. Keep giving it to other people yea? HAHAHAHA what a dumb fuck not even behind the freedom dividend. Kys you television programmed twat.
>From what I understand about Yang's UBI proposal, we're not printing money. We're redistributing money.
>we're not printing money
>We're redistributing money.
>we're
>we are
>we
fuck you shill
i bet if you could see those laptops they have nothing but (((facebook))) and (((redit))) tabs open
Funny how there's been a public debt crisis for the past 20 years yet niggers, non-whites, boomers like yourself just ignore it and pretends it doesn't matter like yourself because you know the only way to fix the problem is to cut government across the board. That means no more SSI, cuts to the military, cuts to social programs in general, and so on. That means no more gibs for you Tyrone. We also have a population growth problem which leads to the development and destruction of precious open spaces around urban centers which is an ultimate environmental issue, leads to atrocious traffic like you see in your average city, and so on. Yet no one wants to cut the immigration rate to zero to help fix the issue.
Montani Semper Liberi. Why not advocate a wholesome simple life of poverty and self-reliance? Why not advocate a communal pastoral/agrarian life? Both are better than the degenerate modernist trash you advocate.
making companies like amazon and netflix who currently pay 0% income tax pay 10% tax won't affect the debt, you goddamned retard.
Fuck the poor you disgusting commie
>Take money by taxing businesses
>businesses raise prices or fire employees to keep up
>New business can no longer be maintained without massive investments
>amazon and Google are never dethroned by fresh, upcoming businesses
This is Yang’s endgame.
By the time is rolls out it would be either of these two things:
1. Reparations for blacks. All blacks get $1,000 a month including infants while we all pay a 20% National sales tax.
2. If you earn more that $30k a year, fuck you. Under $30k a year you get your $1,000 a month. Boy that will work well.
Either way its massive inflation.
Still creates inflation even without printing more. Inflation is just more money chasing fewer goods. Redistributing from the most productive cuts production rates. Resources are scarcer, more money chasing fewer goods.
Who will pay?Oh right the middleclass as always.Why won't inflation easily make that 1k meaningless?Oh and so Yangs plan to get votes was give the bribing the taxpayer with their own money?
Why not give you 2k a month or 4 or 10?We can just tax der corporations right?Oh wait no.
Sorry, but that $1000 is going to me
I fucking despise Republishits and MIGApedes I can't wait to see the salt when Yang wins
Bring back our free trade agreement assholes we were living great when we had it an now everything is expensive
how much money do you think we "give" to Israel? It's in the single digit billions as apposed to the fucking TRILLIONS we'd need for yang bucks.
>if we just alter trump memes, we will win!
Hillary tried this kid, it was just as cringe, get a job.