okay
what strong evidence do you have that the fundamental assumptions of mmt are valid? I like learning new things
my strongest evidence is that it makes sense
They did that literally to CREATE inflation
but where did all the money come from
idk maybe give more resources to disadvantaged groups lmaooo.
Sure but
A) that’s more money and more debt
B) there’s a policy lag. Kids getting those resources will take years before you start to see the effects let alone close the disparity. In the meantime you’re driving up inequality w free college
but where did all the money come from
They buy bonds??
It’s just monetary theory lol
Sure but
A) that’s more money and more debt
B) there’s a policy lag. Kids getting those resources will take years before you start to see the effects let alone close the disparity. In the meantime you’re driving up inequality w free college
this is like talking to a literal f***ing brick wall.
A) the debt is not an issue.
B) That doesn't matter because we should still do it.
No, free college does not drive up inequality. the inequality here is that wealthy kids will always be able to go to whatever college they go to no matter what. Letting poor/working class students also go to whatever college no matter what does not = more inequality. why is this hard to grasp
idk maybe give more resources to disadvantaged groups lmaooo.
But you can’t even leave your mom’s basement to vote?
Hell, they even made it easier for your lazy ass this year you could’ve just requested a mail in ballot and you wouldn’t have missed any of your Celtics Classics reruns on NESN
my strongest evidence is that it makes sense
Well I guess I'm just gonna tap out then lmao
enjoy your night man
They buy bonds??
It’s just monetary theory lol
So like, the govt has as much money as they need then yes
Well I guess I'm just gonna tap out then lmao
enjoy your night man
like i said, go read about it.
But you can’t even leave your mom’s basement to vote?
Hell, they even made it easier for your lazy ass this year you could’ve just requested a mail in ballot and you wouldn’t have missed any of your Celtics Classics reruns on NESN
@sab this guy is clearly just a troll, and an alt. no idea whos alt but there's a reason he consistently just references s*** from 6-7 years ago when quoting me lmao. you guys should have kept him banned.
They did that literally to CREATE inflation
nah fam currency issuance in the form of overnight loans through the purchasing of a bond that literally functions as the backbone of the market/monetary policy to stave off the negative effects brought about by a pandemic on money markets is the same as printing money to compensate for college debt forgiveness.
Agree for the most part
But a lot of the lefts issue is how they present this stuff
Your average person doesn’t understand that defunding the police doesn’t mean no criminal accountability and therefore the GOP can use it as a fear tactic
It’s something that the left HAS to work on cause conservative arguments boil down very easily for people who don’t do their own research
Not just how they present it though.. a lot of times it's framed in deceptive ways from others
this is like talking to a literal f***ing brick wall.
A) the debt is not an issue.
B) That doesn't matter because we should still do it.
No, free college does not drive up inequality. the inequality here is that wealthy kids will always be able to go to whatever college they go to no matter what. Letting poor/working class students also go to whatever college no matter what does not = more inequality. why is this hard to grasp
A) you haven’t given me a single reason why the debt isn’t a problem. Just because you say it’s not a problem does not make it true
B) college isn’t a free for all people are accepted. You know who are accepted disproportionately? Wealthy kids who can afford top tier resources growing up. Free college doesn’t let anyone go anywhere it just levels a playing field that currently funds (not enough funding) low income students to go to college and puts wealthy students in the same boat as them
nah fam currency issuance in the form of overnight loans through the purchasing of a bond that literally functions as the backbone of the market/monetary policy to stave off the negative effects brought about by a pandemic on money markets is the same as printing money to compensate for college debt forgiveness.
maybe they should be staving off the negative effects brought upon my college debt
@sab this guy is clearly just a troll, and an alt. no idea whos alt but there's a reason he consistently just references s*** from 6-7 years ago when quoting me lmao. you guys should have kept him banned.
Your avi is literally Jaylen Brown. I am not a troll lol. You’re a troll and you continuously insult me in every thread and tag mods when I clap back. @sab my apologies, we clearly cannot get along. I’ll block him and just move on.
So like, the govt has as much money as they need then yes
Except that when you inject more money you create inflation which devalues that currency
You can net some value from it when the value of that money is outpacing inflation called seigniorage
This is limited though and once you exceed that limit you aren’t creating any value because price level increased at the same rate as you increase the money supply
A) you haven’t given me a single reason why the debt isn’t a problem. Just because you say it’s not a problem does not make it true
B) college isn’t a free for all people are accepted. You know who are accepted disproportionately? Wealthy kids who can afford top tier resources growing up. Free college doesn’t let anyone go anywhere it just levels a playing field that currently funds (not enough funding) low income students to go to college and puts wealthy students in the same boat as them
You realize you can change how admissions work as well right?
Like I've told you, you can even the playing field entirely if you so chose to do it. Meanwhile you're only response is to troll about the debt.
You just have liberal brain disease and want to means test everything.
maybe they should be staving off the negative effects brought upon my college debt
lol they should, but not in any way through the mechanism you described.
Except that when you inject more money you create inflation which devalues that currency
You can net some value from it when the value of that money is outpacing inflation called seigniorage
This is limited though and once you exceed that limit you aren’t creating any value because price level increased at the same rate as you increase the money supply
like i said, there are methods to control inflation.
lol they should, but not in any way through the mechanism you described.
i don't care which mechanism they choose, they have the power to cancel it and should do so.
What I don’t get is why this guy can insult everyone he encounters but as soon as you insult him back he starts freaking out and tagging mods trying to get people muted. It’s really ridiculous and I wish someone would report him instead. This thread was really good discussion until he came in and derailed it. He calls everybody he disagrees with a troll or an alt, or he insults them. It is clear he is incapable of having a productive discussion. @sab