Modern Monetary Theory

Discussion in 'Markets & Economies' started by mmm....shiney!, Sep 14, 2019.

  1. alor

    alor Well-Known Member Silver Stacker

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  2. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

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    It's been somewhat entertaining to watch all this go down I have to say.

    I wonder if the "second wave" will hit right about the time the economy tanks again and we will be shut down and distracted again. I'd be willing to bet on something like that happening.

    Or a military conflict somewhere. That could happen here and US troops deployed around the States for that matter. Gotta keep the sheeple lined up.
     
  3. OneDay

    OneDay Active Member

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    USA is a wild card.... they may lose control of USA for the second time in history. Any things possible over there. I really can't see which way it will go. The civilians in the USA are heavily armed, pissed off and waking up. Its not so easy to walk over people like that. Sure they may try and get some asshole like Alex Jones to miss lead them with lies. I don't know I can't call it.
    I really can't.

    USA could go either way.

    Man I should stock pile pop corn. This is going to be a big show.
     
    Last edited: May 2, 2020
  4. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

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    Theres alot of guns here but we lack men with heart or intestinal fortitude to use them.
    Most never serve in the military or have any interest in the injustness of the world they live in.
    They'd rather talk politics and which socialist is the best to throw them under the bus.
    They just cant come to terms with reality because weve been trained our lives to "pick a team".

    The softies need a rude wake up call and they are getting it now so maybe in a few years more will wake up.
    The founding fathers made clear what was supposed to happen when tyranny abounds but I havent seen DC in smoldering ashes yet. I guess all is good for now haha.

    The Tree of Liberty needs watered with blood every now and then and that time is growing nearer.
     
  5. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

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    Weve been talking of starting a local militia and getting some guys together to organize.
    Local law enforcement and county overreach will soon be an issue and it needs addressed, as well as if martial law is ever imposed and how we will deal with that.
    They need to know that we the people will not tolerate any funny business and relieving them of their post can be a real thing if they cant handle the job or uphold their oaths.

    I've been talking to some other people and we feel like it's now or never if we are going to organize. We all have an interest in our community and decisions are already being made without our consent or our concerns minded.
    There time is fast approaching when we will need to come together and make sure we can get through this and the govt is making their stance clear as the weeks ticks by.
    The help wont come from the money changers and by the time we wait it will be too late.
    Correction. Overreach is ALREADY a problem.
     
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  6. heartastack

    heartastack Well-Known Member Silver Stacker

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    I feel like the whole of Idaho is ready to use their Guns, must average 20 per person.

    Guns are old hat though, and Idaho is just the land of potatoes that nobody would give two fks about fighting for or against anyway lol. the people in control are probably light years ahead with lethal and non lethal combat tech by now.

    A functioning economy is the only way out of this that I see. The people are still somewhat in control whilst the economy is working. Once it’s not we will all have to submit.
     
  7. Davros10

    Davros10 Well-Known Member Silver Stacker

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    This sort of talk could soon lead to a couple of Civil wars. The whole country could split into 5 territories!
     
  8. heartastack

    heartastack Well-Known Member Silver Stacker

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    You’re talking about Australia? He is in America. You can’t just start a militia in Aus hahah maybe with cap guns and supersoakers
     
  9. Davros10

    Davros10 Well-Known Member Silver Stacker

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    No, I recognised where he is from. I was talking about merica
     
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  10. Davros10

    Davros10 Well-Known Member Silver Stacker

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    So, this week then?
     
  11. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

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    Maybe this week! Could be!
     
  12. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    Bill Mitchell will spend his next few blogs outlining what he considers to be the best fiscal response to the COVID crisis. The first thing he talks about is that the government should immediately pay all workers who are still currently employed and on the books ie those receiving the Jobkeeper allowance or still waiting their full wage/salary paid directly to them. The current $750/week is inadequate in his view and should be equivalent to 100% of the employee's normal wage, this would also apply to gig economy workers.

    http://bilbo.economicoutlook.net/blog/?p=44821
     
  13. leo25

    leo25 Well-Known Member Silver Stacker

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    I feel that method is way too clunky and inefficient (which is in line with how governments operate today). The government will have to check how much everyone was earning before and then double check everything to make sure people don't inflate their wages. Much more efficient and effective to give everyone a set basic wage if you don't want a falling economy.

    But if it was my choice, i would let it decline first. Much easier to then restructure the economy. Look at early 1930s America. An artificial contraction was created, then there was a massive spending spree where key infrastructure and technology projects was built/developed from which the people gained a lot. The results speak for theirself.
     
  14. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    The ATO has that information already, employers have to report worker's wages weekly now (or every pay period).
     
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  15. leo25

    leo25 Well-Known Member Silver Stacker

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    Not that simple for Self employed/ gig economy workers as was stated. Massive fluctuations in weekly and yearly wages. I guess they can average over say 3 years tax returns and pay that amount.
     
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  16. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    Since when did the government ever make it easy for the self-employed? :p
     
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  17. alor

    alor Well-Known Member Silver Stacker

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    what if they just use chemical weapons, like they practice in Syria and blame it on the people ?
     
  18. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

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    They already do that. Chemtrails, fluoride, chlorine, vaccines, monsanto haha.
     
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  19. alor

    alor Well-Known Member Silver Stacker

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    don't mean those slowly one, like Assad gas his own people, that type of gas, few seconds to dye
     
  20. leo25

    leo25 Well-Known Member Silver Stacker

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    Trump $1 Trillion for Infrastructure.



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