The Ecstatic said:

Wow youre so smart and knowledgeable how you use 'LARPing' in every single post, and complain about identity politics despite being a literal nazi.

What a stupid fuck you are.

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chibiabos said:

To be fair, Antifa protestors pretty much are LARPers.  It's just their good fortune to go up against people who are about as incompetent and disorganized as they are.

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Quote:

Bodhi of Ankou said:

lol get triggered kid.

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The Ecstatic said:

They rely on programs to survive that your ilk are quickly eradicating, like CHIP.

But by all means, lets give the capitalists even more power. You know what we should do? Get rid of child labor laws. If a kid wants to eat and not die and their parents cant afford food then they can get a job like the rest of us.

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The Ecstatic said:

Wow youre so smart and knowledgeable how you use 'LARPing' in every single post, and complain about identity politics despite being a literal nazi.

What a stupid fuck you are.

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qman said:

The Ecstatic said:

They rely on programs to survive that your ilk are quickly eradicating, like CHIP.

But by all means, lets give the capitalists even more power. You know what we should do? Get rid of child labor laws. If a kid wants to eat and not die and their parents cant afford food then they can get a job like the rest of us.

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"that your ilk are quickly eradicating"

I'd like to keep programs like that for US citizens, but this country is going broke.

This is just the start of the social services cuts that I think are coming down the road. The elite have no plans of taking the hit on this debt mess we're in today.

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qman said:

Falcon91Wolvrn03 said:

qman said:

Bailing out financial institutions have different economic implications than supporting economic migrants.

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Ah, you finally agree it prevents Great Depressions?    Or what do you mean?

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Fixing the balance sheets of financial institutions with digital money and directly supporting economic migrants are completely different. The banks didn't have to do anything with the money, that's not the case with supporting migrants for free.

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qman said:

The Ecstatic said:

They rely on programs to survive that your ilk are quickly eradicating, like CHIP.

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I'd like to keep programs like that for US citizens, but this country is going broke.

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Because your ilk (conservatives) just voted to take on $1.5 trillion in new debt to give tax breaks to the wealthy. 

Falcon91Wolvrn03 said:

qman said:

Bailing out financial institutions have different economic implications than supporting economic migrants.

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Ah, you finally agree it prevents Great Depressions?    Or what do you mean?

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Fixing the balance sheets of financial institutions with digital money and directly supporting economic migrants are completely different. The banks didn't have to do anything with the money, that's not the case with supporting migrants for free.

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What is "digital money" as opposed to real money?  Every time I put money in a bank it is digital.

And what do you mean "the banks didn't have to do anything with the money"?  Do you mean we would have been better off giving the money to teachers and others who deal with immigrants?

Regardless, yes the banks DID have to do something with the money - they had to loan it out so the money reentered the economy.

qman said:

Falcon91Wolvrn03 said:

qman said:

Falcon91Wolvrn03 said:

I don't think you know what insolvent means

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I know exactly what it means.

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Then you're wrong that "the vast majority of EU governments are insolvent".

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Tell us what happens if interest rates were to just normalize in the EU and if the ECB didn't buy government debt with money that doesn't exist?

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Nothing happens because the majority of EU government aren't insolvent.  Greece might be, but that's about it.

qman said:

I'm not asking for specifics, but just some ballpark figures, is that too much to ask?

Maybe the issue lies with the fact that you're starting to realize there's limits here on how many can have their hands on the resource pie.

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Let's see if it's too much to ask.  How about some ballpark figures on how many people can live a middle class life and tell us how you know this.

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"banks...they had to loan it out"

Yes, and where did the credit creation go?  The financial markets or main street?  There's a reason why the velocity of money has dropped dramatically since the 2008 crisis and is at a 60 year low.

"Nothing happens"

Then you're ignorant on the subject matter.

"how many people can live a middle class life"

The people that are currently living a middle class life is the best indicator we have today.

The Ecstatic said:

chibiabos said:

To be fair, Antifa protestors pretty much are LARPers.  It's just their good fortune to go up against people who are about as incompetent and disorganized as they are.

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Even if that were true, what does live action role playing have to do with discussing economic theory on the internet?

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