" kashirin said: easy - get into Fed board. Print money and buy all that wealth" Worthless Venezuela pesos are turned into handbags.
"The US is a welfare state." - WTF does that mean? Every civilization group greater than 1 person socializes costs, whether those are the costs of roads, defense, police, fire, care for children and the elderly.....it's what makes civilization civilization. If socializing cost is "a welfare state" then every state since the Sumerians is a "welfare state"! "the gov't as [sic] entity in the economic system is [sic] parasite in the economic system" - The positive impact of government versus no government has been established for about 6,000 years. Government is a method of organizing socialized costs, if you think a police and fire department are a good thing you'll need government to organize, collect revenue to pay for, and oversee them. If you don't think any socialized costs are reasonable, then again I'd encourage you to go live in Somalia for a month and get back to me on that. "inflation is bad when it means higher prices but people are paid the same and not making more money. wages and income are lower. thus riots. [sic] and wars." - That's actually not the definition of inflation and displays and utter lack of understanding of the concept, but hey, he just finished Atlas Shrugged so he's an expert on economics right? "like what is happening in many countries since the central bank in [sic] US [sic] policy of inflation and quantitive [sic] easing or creating more money than naturally exist." - What is the right amount of money that should "naturally exist"? That's a completely senseless statement on the first order, and second order the concept that we shouldn't have a modern fractional banking system is to argue for returning to medieval economies. They called it the dark ages for a reason! Do I really need to go on and on and on pointing out to you the sheer idiocy of this drivel? Not only is none of it "true", none of it even has a basic mooring to reality. Go take a basic micro econ course, there are a bunch of great MOOCs that are free or if you prefer in-person your community college offers it for almost nothing. Once you've done that you'll have at least the basic vocabulary and enough of a grasp to hold an intelligent conversation. Until then you're basically a 9th grader who thinks they can tell a brain surgeon how to do brain surgery or an electrical engineer how to design an IC or a pilot how to fly a plane...you're basically so ignorant that you aren't even capable of grasping your own ignorance.
Once Sig loses the argument he sinks to personal attack. I once pull the rug out from under sig with facts and a reality check. God bless his worthless soul, as he put me on ignore. Too bad under the circumstance he won't see my post unless someone brings this post to his attention.
Well, he is right about the US being a welfare state, I think about 1/3 receive some sort of income from the government.
kashirin said: ... Print money and buy all that wealth Kashrin is a consultant to President Maduro of Venezuela. Here are the results:
First even if I'm not brain surgeon I can see how patient behaves after brain surgery. And I can say if the surgery was successful or not. The same way I can comment about economy, politics etc. Now - government is better than no government in general. But if being Jewish I had to choose Nazi government or Somalia I would probably go to Somalia So it's definitely no black and white. And any point above can be argued
So you must be including farmers getting crop subsidies (39% of all farmers, $20B a year) and social security recipients? Because just 21.3% of the U.S. population get's means tested welfare (33%-21.3%=11.7%, so 11.7/23=.51 you just inflated the real number by 50%!). A total of 15.3% are on medicaid (those damn quadriplegics and cerebral palsy ashholes on welfare, amiright?) and 13.4% are on SNAP (https://www.census.gov/newsroom/press-releases/2015/cb15-97.html) And of course 50% of medicaid and 45% of SNAP recipients are under 18, damn 5 years olds leaching off our hard work to eat, who the hell do they think they are! Is that "a welfare state"? Again, most people would call keeping kids from starving and providing medical care to the permanently disabled "civilization". How about you?
No, actually you can't. You have no idea if a surgeon was able to prolong a person's life by a year or cut it short by 10, you have no idea if the surgery they pulled off was incredibly difficult with a 1 in 100 chance of success or routine, and you sure as hell are in no position to suggest alternative surgical methods based on your naive observations, which is exactly what you're doing here. This concept that any jackass is as qualified as anyone else to pontificate on something they demonstrably know fuck all about (economics in your case) is simply wrong on every level. And predictably a concept only the ignorant advocate for, go figure. And we can try to change the subject of a question of if bunnies are cuter than puppies, but since that has about as much to do with what the OP actually wrote as choosing between a Nazi government and Somalia one, perhaps we can actually discuss the topic at hand instead? You know, the part where he said "the gov't as entity in the economic system is parasite in the economic system"? The nihilistic relativism of "any point can be argued"....it's right up there with the "any jackass is as qualified as anyone else to pontificate" concept.