How are we going into a recession if the people have money?

Discussion in 'Economics & Trade' started by wgabrie, Apr 9, 2022.

  1. bringiton

    bringiton Well-Known Member

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    Your fallacious, absurd, and disingenuous nonsense has been comprehensively and conclusively demolished, you know it, and you have no answers. Simple.
     
  2. bringiton

    bringiton Well-Known Member

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    Wait, what? There is a difference between a crash -- the bursting of an asset bubble -- and destruction of the economy. No one is proposing the latter, AFAIK. That's what is going on in Ukraine, and it takes some doing.
     
  3. crank

    crank Well-Known Member

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    'Vicissitudes'? If you take a hundred poor people and give them each a property, some will torque that into further property, some will retain it as is (the old bulwark against tyranny), and some will be determined to lose it from the outset.

    That's the vicissitudes of human nature. You cannot legislate human nature away, and any attempt to do so is tyranny. In choosing to fete that last cohort (those determined to give the middle finger to advantage), you must necessarily rob the first two .. and do it by force.
     
    Last edited: Apr 27, 2022
  4. crank

    crank Well-Known Member

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    and harrumph!
     
  5. kazenatsu

    kazenatsu Well-Known Member Past Donor

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    You are correct. That's why I am against borrowing money now to pay for stimulus spending, hoping the economy will somehow get much better in the near future.
     
  6. FreshAir

    FreshAir Well-Known Member Past Donor

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    what is the new idea?
     
  7. FreshAir

    FreshAir Well-Known Member Past Donor

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    but we would just destroy the new, thus being thrown back into the dark ages
     
  8. FreshAir

    FreshAir Well-Known Member Past Donor

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    that is the point, why intentionally destroy the present world economy then, makes no sense
     
  9. FreshAir

    FreshAir Well-Known Member Past Donor

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    yes, Trump even wanted to sign those checks, but of course the checks were just a carrot to give the mega corps $$$

    how many trillions was the Trump stimulus 1 and 2 combined, where did the rest of the money go?

    "$6 trillion stimulus: Here's who got relief money so far"

    https://www.cbs58.com/news/6-trillion-stimulus-heres-who-got-relief-money-so-far

    "The first round, which sent payments worth up to $1,200 per person, cost taxpayers the most -- $388 billion. The second round of payments were worth up to $600 per person and cost $142 billion"
     
    Last edited: Apr 28, 2022
  10. FreshAir

    FreshAir Well-Known Member Past Donor

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    that was not what the poster said though, I said we should let it crash naturally, not force it to crash, every society crashes eventually

    http://www.politicalforum.com/index...ple-have-money.598742/page-10#post-1073404931
     
    Last edited: Apr 28, 2022
  11. kazenatsu

    kazenatsu Well-Known Member Past Donor

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    Do you ever have an argument that isn't about Trump?

    You have a nasty habit of going off on big long tangents that are not really on topic so much.
     
    Last edited: Apr 28, 2022
  12. FreshAir

    FreshAir Well-Known Member Past Donor

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    I am not the topic.... thanks

    if you want to defend Trump's role in this, that is fine, have at it
     
    Last edited: Apr 28, 2022
  13. bringiton

    bringiton Well-Known Member

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    When, in all of human history, has private property in land ever constituted a bulwark against tyranny? Hmmmmm? Private property in land CAUSES tyranny! Look at EVERY SINGLE SOCIETY IN THE HISTORY OF THE WORLD where private ownership of land has been well established but government has not been democratically accountable, and has therefore not bothered to rescue the landless from enslavement by landowners. In EVERY SINGLE CASE the result has been tyranny. EVERY SINGLE ONE. It is democracy that stands as the bulwark against the inherent tyranny of private landowning, and I will thank you to remember it.
    Which is exactly what would also have happened 200 years ago if you took 100 poor people and gave them each a slave.

    News flash: any "argument" that, if valid, would equally justify slavery, as yours would, is already known in advance to be fallacious, disingenuous and evil, with no further argumentation needed.
    Refuted above. Human nature evolved to be suitable to hunter-gatherer societies where land was NEVER private property. Private landowning is therefore indisputably contrary to human nature.
    Right. Which is why legislating away people's natural rights to liberty by legally converting them into landowners' private property, as you advocate, is tyranny. You are choosing to rationalize and justify the greatest evil that has ever existed, an evil that has murdered billions of innocent people and continues to murder a million a month.
    I've never proposed anything remotely resembling "feting" the last cohort. You simply made that up. It is a total fabrication. I'm not sure there is any clearer or simpler way to explain that to you. All I propose is that the EQUAL natural individual rights of all three cohorts (and everyone else, who, unlike your cohorts, was never given any land unless their families were landowners) to life, liberty, and property in the fruits of their labor be secured, or their abrogation justly compensated.
    It is always the private landowner who robs everyone else by force, and I will thank you to remember it.
     
  14. bringiton

    bringiton Well-Known Member

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    The bursting of an asset price bubble is not "destroying the economy."
     
  15. bringiton

    bringiton Well-Known Member

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    Simple question: you are in a runaway truck. The brakes are gone. You are heading down a steep incline that only gets steeper. Do you crash the truck now, while the impact is survivable, or wait until the truck crashes itself, when it is going a lot faster?
     
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  16. FreshAir

    FreshAir Well-Known Member Past Donor

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    that was not what we were talking about though
     
  17. FreshAir

    FreshAir Well-Known Member Past Donor

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    better example is the gas light went on, do I crash the car in the ditch or hope to make it a few more miles
     
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  18. crank

    crank Well-Known Member

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    Dude .. you just keep reinforcing your aversion to change.
     
  19. crank

    crank Well-Known Member

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    On an incline, remember.
     
  20. crank

    crank Well-Known Member

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  21. bringiton

    bringiton Well-Known Member

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    Sure it was.
     
  22. bringiton

    bringiton Well-Known Member

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    Nope. The difference: positive feedback.
     
  23. FreshAir

    FreshAir Well-Known Member Past Donor

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    who is crashing the world economy going to be positive for and how long would it take to know if it would be positive or not

    we know what we got now, and it's not bad
     
  24. FreshAir

    FreshAir Well-Known Member Past Donor

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    I would cost as far as I could before putting on the breaks
     
  25. FreshAir

    FreshAir Well-Known Member Past Donor

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    better than burning it down and hoping for the best
     

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