@MACE88041984@BitBeller The government pumps more money into circulation causing inflation.
I said M3 and the deficit are different--you're confused still.
I'm 100% sure you don't know the difference between price index and inflation--very common mistake.
@Wild_Horse The definition of antisemitism is telling the truth about Jewish behavior.
What they need to teach is what was actually worshiped in Canaan and Judea around the time of Christ.
Milton Friedman was a crypto commie.
He said a lot of good stuff but at the end of the day he was for open boarders and wanted to treat countries like economic zones.
He was also dishonest about applying Gresham's Law as he refused to acknowledge nationalism as the only way to insulate from it.
@PNWConservative 100k has been lower middle class since 2010.
60k in 1980 is worth about 120k today.
Getting real tired of explaining how inflation works to people complaining about being broke.
@MACE88041984@BitBeller "Government credit expansion doesn't create inflation"
You're confusing deficit with M3... I'm making a big assumption you know what M3 is.
@ReddLegend@gerardrbain The damage Leddit does to peoples brains is fascinating.
It's like you think your saying things and being clever but all I here is a dog barking.
They actually did predict everything.
That's why there is a major propaganda push to misrepresent them as historic figures and lie about the constitution.
The bill of rights is badly named as it is not a list of rights granted to the citizens: The bill of rights are the individual rights delegated by the citizens to the government so the government can govern. If a citizen doesn't have a right it is immoral for them to delegate it to the government and it is immoral for the government to exercise a right the citizens don't have.
We were never supposed to have a central bank.
We were never supposed to have a federal standing army.
Immigrants were supposed to be overwhelmingly white Europeans
Voters were supposed to be VESTED land owners
and war was retaliatory: NEVER defensive.
Minimum wage in 1950 was $0.50
Hart-Cellar and relaxed trade laws that allowed the export of manufacturing killed wages.
The need for Federal minimum wage is a lie told by politicians to win elections and distract people from the banks and government using inflation to rob the citizens blind.
@gerardrbain@ReddLegend I'm sure you think yourself witty.
I assure you--you sound like a child out of their intellectual depth.
I'm 100% certain you have a public education.