Nov 10, 2020·1 reply
BasedBoyWait, is your argument serious that we should just print more money lmao
All this time you spend arguing about politics and somehow you managed to arrive at the same solution as my 5 year old niece
Idk why so many people bothered to study economics
He’s a college educated lunatic that lives in his parents house pretending he’s oppressed. Must be nice to be a coddled white male
- Nov 10, 2020
Synopsisyeah they get the money by issuing the currency
That’s not how debt works
- Nov 10, 2020Synopsis
there is no budget shortfall because the US can simply issue the currency.
- Nov 10, 2020·2 repliessafe
Why are you acting like inflation isn’t a thing
There’s a (low) limit to how much value can be created through seigniorage
there are measures to control inflation.
- Nov 10, 2020·1 replysafe
But that will hurt less wealthy students who can’t afford the same high school resources
Less wealthy students are the ones who are hurt by costs lmao
- Nov 10, 2020
maybe
you could also just you know, abolish private universities.
- Nov 10, 2020Synopsis
there are measures to control inflation.
Yea reducing the money supply lol
Nov 10, 2020·1 replySynopsisthere are measures to control inflation.
...such as not printing a lot of money lmao
- Nov 10, 2020·1 reply
Like Synopsis I would love to get along with you and have a productive discussion, I really would. But your opinions (emphasis on opinions, there is absolutely no factual basis behind any of this s*** you say) are just so ridiculous I cannot bring myself to do so. There are plenty of middle schoolers capable of forming more intelligent opinions than you do.
- Nov 10, 2020·3 repliesSynopsis
Less wealthy students are the ones who are hurt by costs lmao
Sure which is why you should make university free under means testing
Making it free for everyone just puts wealthy students at an advantage
- Nov 10, 2020·1 replySynopsis
Your niece is smarter than you if you don't agree with her. go do some research on mmt, get back to me. or just read the deficit myth
First thing I came back with: igmchicago.org/surveys/modern-monetary-theory
"We decided to put the ideas to our US panel of economic experts by asking them whether they agreed or disagreed with the following statements, and if so how strongly and with what degree of confidence:
(a) Countries that borrow in their own currency should not worry about government deficits because they can always create money to finance their debt.
(b) Countries that borrow in their own currency can finance as much real government spending as they want by creating money.
Of our 42 experts, 38 participated in this survey. On the first statement, only 1 expressed no opinion, 15 disagreed and 22 strongly disagreed. On the second statement, 3 expressed no opinion, 11 disagreed and 24 strongly disagreed.
Weighted by each expert’s confidence in their response, the results were 72% strongly disagree and 28% disagree on the first statement; and 76% strongly disagree and 24% disagree on the second statement. While the statements that we put to our panel often command more than 80% levels of agreement (or disagreement), this kind of unanimity of opinion is rare."
- Nov 10, 2020CarbideAndCarbon
...such as not printing a lot of money lmao
Nope.
- Nov 10, 2020·1 replysafe
Sure which is why you should make university free under means testing
Making it free for everyone just puts wealthy students at an advantage
No, it doesn't
- Nov 10, 2020·1 replyBill Ackman
Like Synopsis I would love to get along with you and have a productive discussion, I really would. But your opinions (emphasis on opinions, there is absolutely no factual basis behind any of this s*** you say) are just so ridiculous I cannot bring myself to do so. There are plenty of middle schoolers capable of forming more intelligent opinions than you do.
You are under the assumption I want to have a conversation with a neoliberal biden shill. get f***ed for all i care.
- Nov 10, 2020·1 replySynopsis
No, it doesn't
You’re literally just ignoring the entire argument I built up that you agreed with
If college is free for everyone, wealthy students who have better access to resources will have an advantage in education
- Nov 10, 2020·1 replyBasedBoy
First thing I came back with: https://www.igmchicago.org/surveys/modern-monetary-theory/
"We decided to put the ideas to our US panel of economic experts by asking them whether they agreed or disagreed with the following statements, and if so how strongly and with what degree of confidence:
(a) Countries that borrow in their own currency should not worry about government deficits because they can always create money to finance their debt.
(b) Countries that borrow in their own currency can finance as much real government spending as they want by creating money.
Of our 42 experts, 38 participated in this survey. On the first statement, only 1 expressed no opinion, 15 disagreed and 22 strongly disagreed. On the second statement, 3 expressed no opinion, 11 disagreed and 24 strongly disagreed.
Weighted by each expert’s confidence in their response, the results were 72% strongly disagree and 28% disagree on the first statement; and 76% strongly disagree and 24% disagree on the second statement. While the statements that we put to our panel often command more than 80% levels of agreement (or disagreement), this kind of unanimity of opinion is rare."
bunch of orthodox economists disagree with heterodox economic theory.
- Nov 10, 2020·1 replySynopsis
You are under the assumption I want to have a conversation with a neoliberal biden shill. get f***ed for all i care.
And you’re under the assumption that you add value to the world. Breaking news homie: you don’t, actually you’re a net loss considering you refuse to vote and put your political gymnastics over poor people’s lives and the rights of underprivileged groups of people
- Nov 10, 2020·1 replysafe
You’re literally just ignoring the entire argument I built up that you agreed with
If college is free for everyone, wealthy students who have better access to resources will have an advantage in education
Wow almost as though we can take steps to even that out as well
- Nov 10, 2020·1 replyBill Ackman
And you’re under the assumption that you add value to the world. Breaking news homie: you don’t, actually you’re a net loss considering you refuse to vote and put your political gymnastics over poor people’s lives and the rights of underprivileged groups of people
Like I said, go get f***ed, loser.
- Nov 10, 2020·1 replySynopsis
Wow almost as though we can take steps to even that out as well
How?
- Nov 10, 2020·1 reply
govt just issued like 1.2 trillion dollars where is all this inflation.
- Nov 10, 2020·2 repliessafe
How?
idk maybe give more resources to disadvantaged groups lmaooo.
- Nov 10, 2020·1 replySynopsis
bunch of orthodox economists disagree with heterodox economic theory.
okay
what strong evidence do you have that the fundamental assumptions of mmt are valid? I like learning new things
- Nov 10, 2020Synopsis
Like I said, go get f***ed, loser.
Why do you hate the global poor?
- Nov 10, 2020·3 repliesSynopsis
govt just issued like 1.2 trillion dollars where is all this inflation.
They did that literally to CREATE inflation