No memeball thread? Time to change that.
I am disappointed
Colton Garcia
Other urls found in this thread:
marxists.org
twitter.com
Levi Foster
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Carter Stewart
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Brody Gray
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Gavin Gonzalez
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Wyatt Gutierrez
I knew about this dumb shit before meme balls, it was dumb then too.
Angel Sullivan
what is there for a commie to understand about advanced economics? How investment works? How the housing crisis was caused by government intervention and not the free market? I never fucking ever see commies on TV explaining in depth our financial crises or monetary/fiscal policies. It's always upperclass white millennials
Xavier Campbell
have you never heard of Thomas Piketty?
Brandon Morales
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Isaac Gray
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Dylan Myers
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Brandon Mitchell
"Ironically, by transferring the risk of a widespread mortgage default, the government increases the likelihood of a painful crash in the housing market," Paul predicted. "This is because the special privileges granted to Fannie and Freddie have distorted the housing market by allowing them to attract capital they could not attract under pure market conditions. As a result, capital is diverted from its most productive use into housing. This reduces the efficacy of the entire market and thus reduces the standard of living of all Americans.
"Despite the long-term damage to the economy inflicted by the government's interference in the housing market, the government's policy of diverting capital to other uses creates a short-term boom in housing," Paul went on. "Like all artificially created bubbles, the boom in housing prices cannot last forever. When housing prices fall, homeowners will experience difficulty as their equity is wiped out. Furthermore, the holders of the mortgage debt will also have a loss. These losses will be greater than they would have otherwise been had government policy not actively encouraged over-investment in housing.
"I hope today's hearing sheds light on how special privileges granted to GSEs distort the housing market and endanger American taxpayers," Paul concluded. "Congress should act to remove taxpayer support from the housing GSEs before the bubble bursts and taxpayers are once again forced to bail out investors who were misled by foolish government interference in the market."
Ron Paul, showing how government intervention ruins markets. What has your faggy french dude done besides whine about inequality?
Brody Reed
ron paul is a fucking joke
isn't he filming commercials hawking some kind of bullshit these days?
Sebastian Anderson
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Carter Wilson
>commies on economy: it's the rich white man fault hur dur
>give me money and shieet
>support me pls
>abuses and burns trash can
Nathan Jones
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James Harris
>tfw you still have a 12 nautical mile swim from any nation's coast before you're in international waters
Zachary Hernandez
Shillballs
Static shit macros are shit.
Leo Nguyen
>marxism is a philosophy
>they think this counts as economics
Samuel Martin
What is this flag?
Camden Wood
he literally predicted the great recession and you call him a joke. you are the reason democrats and communists are branded as economic illiterates
Lincoln Evans
Utilitarianism
it doesn't actually have a flag
Jaxson Barnes
There's nothing wrong with Adderal.
Prove me wrong
Connor Ross
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Julian Reed
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Thomas Richardson
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Lucas Lopez
This is the plot to a Greg Egan novel if I ever saw one.
Jackson Ross
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Mason Hill
>le quantum immortality
Sorry, we don't take Blackpills here.
Gabriel Campbell
oh shit i forgot about this thread, keep up the meme balls bois.
Joseph Lopez
Economic philosophy.
Kayden Wilson
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Wyatt Bell
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Nicholas Reed
this is my favorite one