Capitalists will defend this

>capitalists will defend this

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bilbo.economicoutlook.net/blog/?p=3773
journal-neo.org/2015/01/26/mit-states-that-half-of-all-children-may-be-autistic-by-2025/
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>internet era
>still paying for knowledge

If you understood how currencies worked, you would have never have created this post. Go read.

>what is inflation

>go read
>says the guy who think a youtube video is "proof"

>Things need work to be done
My God! How can we solve this?

I just made my own currency out of torn pages and crayon, can I end world hunger now?

Printing money willy nilly leads to runaway inflation.

>>go read
>>says the guy who think a youtube video is "proof"

what did "she" mean by this?

sheiiit

exactly

Why don't you buy a printer and print of thousands of 4chin dollars and feed the homeless with it?

This was literally my thought process when I was 9 years old.

bernie sanders- tier level of understanding of economics

Thanks OP, this REALLY made me think!

>4chin dollars
not real money retard

So is protectionism lol

>Under today's bankmoney regime, only the control of the currency unit is still intact. Money creation and seigniorage-like privileges, however, have largely been ceded to the banking industry.

>Basic traits of a sovereign money system
The dysfunctions and illegitimate privileges of the present bankmoney regime require a monetary reform which phases out bankmoney in favour of a money supply that exclusively consists of sovereign money. On no balance sheet, including the balance sheets of the central bank and the banks, is sovereign money a promissory entry (a liability), instead, always a liquid asset. It would circulate freely among banks and nonbanks alike. M0 and M1 will no longer exist, just one integrated money supply M, easy to handle and to keep control of. M2/M3/M4 would no longer be 'monetary aggregates', but short-term capital items. The terms money, currency (on hand, on account or in digital wallet) and legal tender as well as lawful money would be largely identical.

>To achieve this, the coin monopoly of the treasury should be assigned to the central banks as monetary state authorities, and the banknote monopoly of the central bank will have to be extended to money on bank account in public circulation, to mobile money stores and digital wallets. Thus, a full money or currency monopoly in accordance with a state's unimpaired monetary prerogatives comes into existence.

Money can be created at will by the state and is created at will to benefit the (((bankers))). Whether we want to use real resources to feed the homeless is a different discussion.

I hope this is bait.

And what makes money "real"?

Idiots don`t actually believe this do they?

i mean.......look at Zimbabwe.

Obviously that you can buy stuff with it

true

I am not paying for knowledge, I have a high understanding in coding but I won't get a nice job only because of my "high understanding" so I have to pay around 2k yearly only to attend stupid classes that I just stroll trough to get a paper that says I know my shit.

Thats the real problem.

>country has hungry poor people
>print money to solve problem
>country now has hungry billionares

Create your own state then.
Simple as that

Don't come here if you are not economically literate

>what is ww1 germany.

>No no, the jew says we cant print more money

Zeitgeist.
Watch it.
How Currency Works.
/thread

...

And who will be willing to sell goods/services for something that is being printed and handed out like hotcakes?

protectionism is your lack of understanding of economics showed by your meme about currency?

also, a socialist pro global is literally a retard

Taxation, mostly. Though some argue that the banking liabilities are more important.

Basically, you need money to pay for taxes and loans. This creates the basic demand for money. The then needs to create the money used to pay for taxes and loans.

Of course, bankers have taken over and acquired the right to create money via debt, but this is a cost to the economy and is not sustainable as private debt can't grow forever.

"that I just stroll trough"

Shut up Keynes.

It's not retard

So the land reforms represented the first big contraction in potential output. A rapid demand contraction was required but impossible to implement politically given that 45 per cent of the food output capacity was destroyed.

The situation then compounded as other other infrastructure was trashed and the constraints flowed through the supply-chain. For example, the National Railways of Zimbabwe (NRZ) has decayed to the point the capacity to transport its mining export output has fallen substantially. In 2007, there was a 57 percent decline in export mineral shipments (see Financial Gazette for various reports etc).

Manufacturing was also roped into the malaise. The Confederation of Zimbabwe Industries (CZI) publishes various statistics which report on manufacturing capacity and performance. Manufacturing output fell by 29 per cent in 2005, 18 per cent in 2006 and 28 per cent in 2007. In 2007, only 18.9 per cent of Zimbabwe’s industrial capacity was being used. This reflected a range of things including raw material shortages. But overall, the manufacturers blamed the central bank for stalling their access to foreign exchange which is needed to buy imported raw materials etc.

bilbo.economicoutlook.net/blog/?p=3773

Zimbabwe got into trouble because the productive capacity was destroyed, not because of money creation.

You don't print money and hand it out, you use it for government project specifically retard

You can't just print unlimited amounts of money that's not how economics works moron.

We dont create our own money, no country with a fractional reserve system does. The federal reserve is a private business, like the US postal service, that has contracts with the federal government.

Euros are printed by the same business owners.

Not everybody deserves to or even should go to college. It ruins it for everybody else.

That's where you're wrong, kiddo.

In America they dont look at your degree for hiring devs and coders, they look at whatever work you've done in the past.

>he thinks the US Government owns the Federal Reserve
thats a good goy just keep thinking that hehe

They should, and in practice it is empowered by the Federal Government.

from what i can understand these marxists want to learn at private schools for free, not state owned ones.

Mugabe must be the richest man in the universe.

>Government spends money
>Money is now in the hand of people like you and me
>Said money has just increased in quantity, while the intrinsic value of goods and services remains the same
>Hyperinflation happens

Boy, that sure was tough!

You've convinced me, I'm a #CommunistCronie now. Fuck laws and borders n shit. We'll feed, clothe, house, medicate, and fuck every last poor wretched soul on this earth because, gosh darn it, we're the United States of America and there's nothing more un-American than letting women vote or counting a nigger as a full human being -

shit

I mean

i lost my train of thought

Get fucked, Sweden.

>they should
But they don't. The FED is a (((private))) bank and the US government has to BORROW it's own currency, and is thus in perpetual debt to it's own (((central bank))).

Sadly here its near impossible to get a job without either work experience or degree and you won't get any work without one so yeah.
The only case where you'd be able to get a job without a degree if you knew someone that could get you the job, after that you got work experience so its easy.

>Money is now in the hand of people like you and me
No retard they buy stuff for it. You get the stuff, not the money

You aren't entitled to free food from the government. No law exists requiring the government to feed you. No law exists requiring starving homeless people to be fed.

The law provides for and requires public education. When that education doesn't meet the federal minimum guidelines, tons of money is thrown at the problem to 'fix' it but in the end the problem is shitty broken homes producing children who are too fucked up to do well in schools.

they shoud teach in schools more about how money economics work, if you think about it its not common knowledge how are they made and who owns banks.

i wonder why ((()))

>creates its own money
>op thinks this is capitalism
Sage

I would like to believe that this is a bait

>Communist who can't the econz.

probably because if you create your own money, aka socialism, it becomes worth less

The American school system needs to reformed that soldiers after 20 years of service automatically become teachers, so former soldiers become the sole teacher body.

That's the only hope.

Devil trips checked

>No retard they buy stuff for it. You get the stuff, not the money
Not sure if you're retarded or just pretending...

Tell me, who did the government buy stuff from?

Based Aussie!

What more can you do for the schools? Pay the teachers more so they can still be apathetic? Pay the students so they can pay attention? Pay the schools more so they can spend it all then use the left overs to buy books and supplies?

>You aren't entitled to free food from the government. No law exists requiring the government to feed you. No law exists requiring starving homeless people to be fed.

Sounds like a shitty country desu.

>US government doesn't control it's own central bank
>FED is controlled by a cabal of private (((bankers))) who print money and borrow it out to the government and the other (((banks)))
>petrodollar system means inflation can never depreciate the value of the dollar and also means that the US has to get involved in every sandy shithole on Earth that wants to switch from dollar to something else
>(((FED))) prints as much money as it wants without fearing inflation, and then borrows out said money for interest to the government and the rest of the financial system, thus making themselves obscenely rich and the government gets to have it's 15 trillion dollar debts that your great great grandchildren will pay off

there you go

He is also wrong, see food stamps.

>american education

Oh but it is. Especially if little pieces of paper hold massive intrinsic value! Or, have you just not figured out how to make that happen yet? Well I'm sure you'll get it. Enjoy!

Also
>feed the homeless
You're average hobo lives a more luxurious life style than the people in Mexico. If you go hungry in the USA then you are utterly hopeless

That's the joke autismo

because money shows that you are doing something. you are helping or working and not just lazying around. money is a symbol, not a right. work and earn. that's how it works. if people don't want to work, hey we won't execute them, but we sure as hell arn't going to give them everything

So where'd the magic value the money has come from?

I know this swedefag is trolling but he has a very fucking valid point.

Why do companies throw away food at the end of the day instead of a charity coming and collecting it to hand out?

Because fucking KIKES legislate that we can't.
Because kikes want us to spend our resources giving handouts to IMMIGRANTS.

>funding education
Here in IL, some of our teachers collect 500,000$ pension every here, after just 20 years of service to the community. Let's not fund (((education)))

you are paying for a license to work in your chosen field much like paying for a license to drive.

Companies, not people.
Greentext is even more pathetic than a youtube video

doesn't make it any less true faggot

Tell me step by step how to create a state then retard

Find me the state or federal law requiring that starving people must be fed.

SNAP is a benefits program created by legislation that funds the program and outlines a set of guidelines for being eligible to receive benefits. Not a single word in the legislation exists requiring the US government or its citizens to feed starving people under pain of criminal punishment.

Please go look up the bill creating SNAP and other food assistance programs and then come back, I'll wait.

>Finnish education

What prevents every citizen from making his own money? Then even the homeless people can feed themselves and those 9year olds will be able to pay for education
The plan is literally flawless

False equivalence, go back to the USSR commie scum

>Companies, not people.
OK, this one takes the cake! Tell me, Muhammad, aren't companies just a group of people with a common goal?
You seem to misunderstand that, once money comes into a company, it has to go somewhere. Suppliers, salaries, utilities, you name it.

That is the process by which money gets to the hands of the people. It does not stay magically stored inside a company.

It doesn't have magic value, it has value because people accept it in exchange for stuff
It makes it a bunch of mumbo you pulled out of your ass

Creating money is easy.

You seem to misunderstand that
1. Some companies are government owned so the money goes back into the government
2. Companies mainly use money for investments, not profits

Our homeless are obese and we spend more on education than every other country except the bankers. Who the fuck writes this shit?

>Being this retarded

I'm ignorant how dare you make me learn

And what is an investment, if not the acquisition of capital(property, plant, equipment)? That is also bought from other companies which, surprise surprise, are made of people.

Also, government owned companies also employ people and also have suppliers, such as every other company.

Please stop being so retarded. It hurts.

>Is by which the value that things are exchange by based on their market value
>Is not a third pan exchangeable good used for barter that more of it means more value

You have to know how to read between the lines Sven, you're not going to find that shit written explicitly down anywhere.
>Saddam Hussein announces Iraq to switch to Euro for oil trading - 2002.
>Iraq invaded for """"WMDs"""" - 2003.

>Gaddafi announces Libya to switch to Euro for oil trading - 2010.
>"""""humanitarian NATO intervention"""""" against oppresive regime - 2011.

>Iran announces intention to start selling oil to EU for Euros after sanctions were lifted - 2016.
>US suddenly starts threatening Iran, Trump tears up the nuclear agreement etc. - 2017.

See a pattern there?
PETRODOLLAR means that the US dollar is not backed by gold or silver or whatever, but by oil; that is, OPEC has agreed (by Saudi pressure) to sell oil only in US dollars. This makes the US dollar the world reserve currency, since every nation on earth needs oil, and thus every nation on earth needs dollars. Perpetual demand for dollars = print as much money as you want inflation free. Suprise suprise, US second greatest ally is Saudi Arabia, their OPEC puppet master, and despite the fact that 99% of "radical islamic terror" is exported from SA, they will never get rekt by the US since the petrodollar is far more important than some goyim getting beheaded, trucked or blown up.

As for the ownership structure and managment of the FED, that is free access online and I won't spoonfeed it to you.

The other companies mainly use it for investments too retard. The money doesn't magically fall into the street

>trying to prove unsourced greentext with more unsourced greentext
HAHAHAHAHAHAHAHAHHAHAAHAHAHAHAHAHAHAHAHHAHAAHAHAH

Based Finn gets it.

Post Keynesian economics and MMT are compatible with conservativism.

Oh right, it's not like companies pay salaries or anything!
Also I like your notion of "companies use money for investments", assuming that all income goes into some magic investment casino instead of being used for the company's core business.

It was fun Muhammad, but you need to step up your economics game. Bye bye, gotta work.
Enjoy your "progressive" country and being beheaded in 20 years.

You are correct fellow compatriot.
Ignore the extreme shilling and know that the small minority is with you on this.

>muh petrodollar
stop this meme please
The dollar is the reserve currency not only for oil. Most Eurocountries have a positive trade balance with America anyways and need to get rid of their dollars somehow.

Iran has tried to sell their oil for non-Dollar currencies for decades, but nobody is interested.

>give yourself 1 billion usd in a loan, interest doesn't matter
>convert it to other currency or property, or anything other than usd, also keep 1 peso in the pocket for later
>crash the economy through hyperinflation until the value of the dollar is at least;
>1 billion+ usd = 1 peso
>payback your entire loan with that 1 peso by exchanging it for monopoly money
>you are now a richfag fair and square

Tell me why this won't work for creating group of super rich people in short time, Sup Forums.

feed homeless
fund education

you list 2 "problems" in homelessness and lacking education.

your solutions are food and spending money....

seems a bit off, they need a place to live and access/delivery of education material.

fix ur shit man, base ur logic

/thread

You fugging autist. Literally a law meant to make sure Americans don't starve.

>MIT States That Half of All Children May be Autistic by 2025
journal-neo.org/2015/01/26/mit-states-that-half-of-all-children-may-be-autistic-by-2025/

Example 1: (You)