Biden causing inflation by rewarding laziness

Discussion in 'Economics' started by the_gem, May 10, 2021.

  1. RGLD

    RGLD

    There won't be socialism in America. Socialism can only happen to countries that were doing well like Venezuela. The US is 120% of GDP in debt and we're already kind of socialist with the Biden checks. The only outcome will be hyper inflation. The US will not experience 10 years of happy socialism like Venezuela did.
     
    #31     May 11, 2021
  2. newwurldmn

    newwurldmn

    no. The corporate stimulus.
     
    #32     May 11, 2021
  3. RGLD

    RGLD

    This is when China will step in and become the world's dominate super power. Because China with all it's faults don't care about this crap.
     
    #33     May 11, 2021
    Turveyd likes this.
  4. Tradex

    Tradex

    Oh please.

    Inflation exists because banks are creating money out of thin air (due to the fractional reserve system), period, President Biden (or any other President) has NOTHING to do with that.
     
    Last edited: May 11, 2021
    #34     May 11, 2021
  5. Turveyd

    Turveyd

    Yep and there bestie Russia, soon to be USSR there going to put that band back together.

    Rough decade many won't survive it.
     
    #35     May 12, 2021
    RGLD likes this.
  6. Cuddles

    Cuddles

    [​IMG]
     
    #36     May 12, 2021
  7. RGLD

    RGLD

    Which part? They did enjoy socialism for about 10 years before it all fell apart. Cocaine kills you but you can still enjoy the time in between.
     
    #37     May 12, 2021
  8. Turveyd

    Turveyd

    I thought they recently went, then got hyper inflated to a months wage used to feed family of 5 comfortably is enough for 1 cheese burger and a coke literally from a burger van.

    New Zealand going big time socialist.

    South Ireland going full on Facist.
     
    #38     May 12, 2021
  9. virtusa

    virtusa

    I live in EU. If I need a woman to clean my house I have to pay $15 or she will not come.
    These cleaning women are East European or from Africa. We reached the point that cleaning women even get a company car.
    We have minimum salaries in the $15 range.

    If you need a professional plumber, carpenter or just a handy man, he will decide what you have to pay or he will not come. If you don't want to pay that you will have to do the job yourself. If the job is too small or too difficult they will even not come. For these jobs there is a huge shortage. So supply and demand dictate the prices.
     
    #39     May 12, 2021
    albion likes this.
  10. RGLD

    RGLD

    Wait what? Don't plumbers and Carpenters have their rates on their website or they can give you a quote over the phone? You dictate the price?

    As for the cleaning ladies, in the US they usually work for a company and that company has it's own rates. You just need to tip them when they're done.
     
    #40     May 12, 2021