Joey getting it done

If you ask a leftard what is the purpose of money, they have no clue. To them is has some magical store of value and if you just print more of it you have more money and more money equals more beneficial government spending. The actual short story is that money is the tool and grease that facilitates the trading of value for value. You don't need to bring a chicken to the doctor for a check up. You sell the chicken to a processor who gives you money and you can use that money for anything you want, like a doctor visit. The doctor then takes the money and can do anything he wants with it, like buy a chicken. The key to this tool, is that people respect the value of the money and that it is a constant and that you get what you are paid for when you turn around and use that money. This only works when the government works to retain the full faith and credit of the government to retain that value. If you just print money with nothing to back it, the value of the money deflates and the cost of goods and services inflates.

The history of world economies is littered with government attempts to spend money they don't have and cover the shortfall with devaluing currency, either through adultering the gold content in coins or just printing money. The Romans and Europeans tried it, as did the Weimer German Republic, Zimbabwe and Venezuela. So did the US in the 1970s and we got 20% mortgage rates as investors like mortgage banks want a real rate of return on their money.

Milton Friedman's life's work was to show how inflation was created and how it robs consumers of wealth and transfers it to those who suck off the government tit. Actually, he was just pointing out a basic truth, like gravity. So, Slo Joe proudly announced he was repealing gravity and now for some reason we have inflation. "Milton Friedman isn't running the show anymore," Biden declared in a half-hour exclusive interview with Michael Grunwald of Politico, published over the weekend. As if you could repeal gravity by proclaiming that Isaac Newton isn't running the show anymore.

Dumbest thing said by an American president since barry proclaimed we couldn't drill our way to lower energy prices. But basic economics aren't taught in the public schools because it interferes with the time needed to teach CRT.

2001400ex said:

RaceBannon said:

Hondo?

Care to chime in?

We eventually have to inflate our way out of our debt. Sounds like a solid plan. And you guys seem poor. I'm sorry a gallon of milk is 39 cents more expensive. Pull up your bootstraps and figure it out.

Who let this dumb cunt back on this board?

46XiJCAB said:

2001400ex said:

CuntWaffle said:

2001400ex said:

RaceBannon said:

Hondo?

Care to chime in?

We eventually have to inflate our way out of our debt. Sounds like a solid plan. And you guys seem poor. I'm sorry a gallon of milk is 39 cents more expensive. Pull up your bootstraps and figure it out.

Hondo/Libs: "We NEED to help people!!!! We NEED to do SOMETHING!!!!"

Also Hondo/Libs "Fucking deal with it. I can still buy milk too bad you are too pour to afford it LOL!!!!1!!"

I'm mocking you and your buddies. HTH.

Hondo. There are Mockers and Mockies. Guess which one you are?

Given the number of participation trophies that Hondo "won" along with the gallons of Capri Suns and boxes of orange slices consumed by Hondo on the short yellow bus he is delusional enough to think he is winning. Wonder if any members of his family are normal? Not really.

Time for Hondo to go see the dazzler and get his ribbon and a hug.