lesuorac
Joined 5 years ago
Joined 5 years ago
It's bad for the economy when money is turned into a stock and just literally sits.
It's fine for the economy if the government forces a flow from it's citizens (taxes) when it then spends that money.
Printing money also produces a flow so that's fine for the economy too. The issue with printing money is not whether or not the US economy will continue to exist, it's whether or not the government will (in more of the USSR -> Russia sense and not anarchy sense).
Its absolutely practical to trade in gold/silver historically. Its basically just how europeans do small transactions anyways (coins).
Anything larger its still practically because if you need to buy an expensive item well its going on the ship so who cares if you need a ship or cart to transport the cost of the item when you need a cart anyways to transfer the item.
It’s just mostly impractical at the scale of big business. Imagine banks transport gold or $100,000 bills to each other (but actually look up how they used to drive trunks to each other and fling bags of checks).
The bond seller is intending to put it to productive use to generate the yield.
This differs from deflation where people will (more the before) actually sit on money and not buy bonds. Then people who need liquidity cannot get it as the money supply drys up.
He won at a time where the incumbent bias was like -10. He won the same reason Biden won in 2020; by not being the guy in charge.
https://www.congress.gov/bill/119th-congress/house-bill/4779...
But also the voters voted for Trump to execute the laws passed by Congress. Which law said get rid of USAID?
Imagine if somebody like Lebron James, Patrick Mahomas, or Tom Cruise was in a union!!
Sure but the actual penalties for violating the EO are based on laws not the EO.
Like the actual penalties for sharing classified information are based on the information not the classification - https://www.justice.gov/archives/jm/criminal-resource-manual...
There are plenty of warehouse and delivery companies you could rent/pay in the short term that make logistics feasible.
Your claim makes for a good sound bite but its just not how it works. Subway evasion isn’t a gateway crime.
https://en.wikipedia.org/wiki/Exxon_Valdez_oil_spill
But the effect is that oil companies just manage the logistics of the ships and don’t own/operate them themselves.
Ex. BP founded an entity to manage all the ships they were acquiring and later sold all the ships off to avoid liability.
Pretty sure you’re arguing in bad faith.
A group of anti-slavery people organized into a political party and elected a man who gave a speech declaring that slavery itself needs to be abolished.
Pretending that Lincoln wasn’t going to attempt to abolish slavery is just as bad as pretending the civil war was about states rights (states in the confederacy had mandatory slavery; no right to choose).
https://en.wikipedia.org/wiki/Abraham_Lincoln%27s_Peoria_spe...
I always find these movements very interesting because you can't have everything decrease in price. If demand for Google drops there should have to be an increased demand in something else.