How's your portfolio doing with this Biden guy? You're down how much, again?
800K. Yawn. I haven't lost a dime of income. It has nothing to do with Biden.
What's an optimal level of government spending?
- Thread starter Mina
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800K. Yawn. I haven't lost a dime of income. It has nothing to do with Biden.
Scut Farkus
Best
so you're a keynesian conservative now because you want to starve the poor now that you've established peak dependancy?
I'm not sure why you frame it as genius. It's just simple math -- when inflation is higher, the real value of what we pay on fixed-rate debt will tend to be lower, at least until interest rates start accounting for that inflation expectation. Like if we borrow at a fixed 5-year 3%, and over the next five years average inflation is 4%, we'd end up paying less, in real terms for that than the real value of what we borrowed. But, over the long run, higher inflation tends to mean higher interest rates, so that isn't a long-term strategy for dealing with debt, assuming you're going to continue borrowing (or refinancing existing debt).
Comparison is something that everyone who excels does. If you're operating in a vacuum, you're a lot less likely to find strategies that can lead to improvement than if you're effectively benchmarking yourself against others and learning from what appears to work.
You appear to be using the word "budget" as if it were synonymous with "balanced budget," but of course that isn't the case. Countries, businesses, and individuals often borrow to finance spending from time to time. That doesn't mean they don't have a budget.
Scut Farkus
Best
no it isn't.
It's a distinction without a difference, from my perspective. Either way, a change in policy can drive up deficits in exchange for an ROI, which may or may not pay for itself in the long run.
Surely someone you know must have exceled at something at some point in her life. Go and ask her about it.
Scut Farkus
Best
mina = why the rise of the managerial class = human slavery.
Scut Farkus
Best
the old school illuminati know all this is in violation of natural law.
Matt Dillon
Semolina comes from wheat
Yeah, down 800k. You haven't gained anything with Biden either.
The story's the same for just about everybody.
He's going to plunge the world into another greater Depression over "Climate Change"
Enjoy! I'm along for the ride, too.
Matt Dillon
Semolina comes from wheat
I know several girls like that. They'd bitchslap the fuck out of you.
Especially if they thought you insulted me. True story.
One's an Executive at NBC.
She's probably making the SJW decisions there, but that ain't none of my business. She'd bitchslap you for me though. Bet.
I made a lifelong friend of her and all her siblings.
I stopped the dad from abusing their mom. Me and my friend did. It was a joint decision. We made it and executed it.
Didn't wanna see them girls and their mom suffer anymore. We decided to stop it, and it stopped.
Didn't even have to get into a fight, but that was on the table..oh yeah.
It was amazing the way he went away. They had a couple weeks of turmoil after that, but seriously, I don't regret much in life.
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Positive ROI by definition pays for itself. I don't see them as a distinction without a difference. In fact I think the distinction is critical in discussing these issues in such a partisan environment. The fact is that red 'team' wants only tax cuts, and they seem uninterested in the ROI on those tax cuts. They most certainly do not care about the ROI on deficit spending.
Yeah, down 800k. You haven't gained anything with Biden either.
The story's the same for just about everybody.
He's going to plunge the world into another greater Depression over "Climate Change"
Enjoy! I'm along for the ride, too.
I am enjoying. My income is unaffected by the change in value. Because I'm smarter than you by degrees. And far more patient, apparently. You strike me as the day trader type. Always chasing, never catching.
We already cant borrow enough money as the lenders have been dialing back lending for a decade or so. Thats why the Fed is printing money and inflation is soaring.
Socialism is fine until you run out of other people's money.
If you want more revenue you MUST expand the economy.
You know you aren't ACTUALLY Matt Dillon, right? LOL at you.
Your answer is incredibly simplistic. And demonstrably false. If you want more money you can increase taxes.
Matt Dillon
Semolina comes from wheat
So you claim. I guarantee your IQ isn't as high as mine.
Matt Dillon
Semolina comes from wheat
Oh! That'd be great! Said No One Ever.
If you had any sense you would have noticed that our friend Mina suggested we coulld borrow money to DECREASE taxes.
Run along and let the grownups talk.