Post A7KDB15MTqjeHJcIYS by Rokken@liberdon.com
(DIR) More posts by Rokken@liberdon.com
(DIR) Post #A7K2lQlvMCREsAgbFw by doktorzhivago@liberdon.com
2021-05-16T23:32:39Z
0 likes, 1 repeats
#Leftists never talk about the #Fed vis a vis #inequalityOf course 99% of them are economically illiterate---Rudy Havenstein, private-entropy investor. (@RudyHavenstein) Tweeted:Here's the clip. This is epic. https://t.co/TRg49e47wG https://twitter.com/RudyHavenstein/status/1393965498618978308?s=20
(DIR) Post #A7K2yfB76dojJkmIMa by TouchBalls69@paypig.org
2021-05-16T23:35:03Z
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@doktorzhivago I have brought it up, and they find a way to defend it. It usually goes "Hey, the fed is making it impossible for the little guy to compete with the big corporations who have Goldman Sachs money" and they're like "Well, if we went back to the gold standard, it would be harder to give poor people money."
(DIR) Post #A7K3F0ObzFWNkxssXg by mar77i@gleasonator.com
2021-05-16T23:38:01.650114Z
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@TouchBalls69 @doktorzhivago The lie is so much bigger than that the money almost never goes that way, anyway.
(DIR) Post #A7K3fOEZynZxDbly2S by TouchBalls69@paypig.org
2021-05-16T23:42:47Z
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@mar77i @doktorzhivago They don't understand power. The highest level they can reach is Boramir
(DIR) Post #A7K3w8fl5g55sUTKVs by mar77i@gleasonator.com
2021-05-16T23:45:48.949849Z
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@TouchBalls69 @doktorzhivago It would almost appear like we're living in an age of having the cake and eating it, too. Printing money isn't just putting more money into those people's pockets that already have much of it, it also takes away from the value of the little the poor already have via inflation. Almost like big pharma getting paid by my govt to do research on me.
(DIR) Post #A7K62zUboqlVLIeU08 by doktorzhivago@liberdon.com
2021-05-17T00:09:27Z
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@mar77iIts so much worse than most can imagine.The loan taken out today is with money created today. The bank creates this money and it is an asset to the bank along with the interestA pretty fucking amazing ability, no? @TouchBalls69
(DIR) Post #A7K6AfgRLx3mDpqeWm by doktorzhivago@liberdon.com
2021-05-17T00:10:50Z
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@mar77iOn the flip side of this balance sheet is the asset being debt to the people.All fiat money is debt @TouchBalls69
(DIR) Post #A7K6Jbrwu7RWzxUfNg by doktorzhivago@liberdon.com
2021-05-17T00:12:27Z
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@TouchBalls69 They forget this entire country was built under real money and near constant deflation
(DIR) Post #A7K6zeULYWb5HhV82C by mar77i@gleasonator.com
2021-05-17T00:20:04.330187Z
1 likes, 1 repeats
@doktorzhivago @TouchBalls69 Like riding a bike into a tarpit. Pulling as many with you as possible. Probably why they're coming for our health care.
(DIR) Post #A7K7fe6zLZAEHKbF9U by doktorzhivago@liberdon.com
2021-05-17T00:27:38Z
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@mar77iThe brick wall is being deployed in earnest @TouchBalls69
(DIR) Post #A7KAevT9ctGjgWJdzs by Rokken@liberdon.com
2021-05-17T01:01:07Z
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@doktorzhivago any system a left-winger would install to replace crony capitalism wouldn't *have* a federal reserve. especially if such system were a moneyless society.
(DIR) Post #A7KBp9TKWE9txoq0yO by doktorzhivago@liberdon.com
2021-05-17T01:14:10Z
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@Rokken I'm not sure the progs have thought about it much. The Fed doesn't seem to bother them a bit
(DIR) Post #A7KByQIDLhvEjr3kye by Rokken@liberdon.com
2021-05-17T01:15:51Z
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@doktorzhivago either way, I highly doubt they'll make it the first thing on their bucket list to reinstate it.
(DIR) Post #A7KC4Gw736vnSQVjQO by Rokken@liberdon.com
2021-05-17T01:16:55Z
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@doktorzhivago and which is it, progressives or leftists? Two different groups of people, albiet with overlap.
(DIR) Post #A7KCrdeDOiPK5KgA08 by doktorzhivago@liberdon.com
2021-05-17T01:25:50Z
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@Rokken I lump commies in the same bucket
(DIR) Post #A7KCvQ9VVyTdO97SGO by Rokken@liberdon.com
2021-05-17T01:26:31Z
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@doktorzhivago
(DIR) Post #A7KDB15MTqjeHJcIYS by Rokken@liberdon.com
2021-05-17T01:29:20Z
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@doktorzhivago ok