Trump Paying Down National Debt, Krugman Cries Disaster

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DATA

>>136440384
http://archive.is/nIoFI

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>kike says debt is good

Pure coincidence!

>>136440384

Without the Federal Reserve system he'd be wrong... but with it he very unfortunately has a point.

Since the money supply is based on debt if you pay it off and other people aren't borrowing to make the total debt go up you can win up with a deflationary collapse... luckily the dumb fucks in the Mideast are borrowing to start wars with each other instead of trying to fund terrorism against us for once.

>>136440736

If we went from a federal reserve system to a greenback system we wouldn't have this problem though and you could actually have a sane fiscal policy.

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Annex us before its obvious America is the promised land again. These maple-dollarydoos are fuckin trash. I want some freedom bucks for fucks sake

>>136440384
We're not supposed to pay our debt. We're supposed to pay the interest on our debt so our government has essentially unlimited finances.

The problem is the petrodollar is weakening and now we're being finaced by the sino-judea alliance

>>136440384

Be in constant debt.

Its not like balancing the budget when clinton was in office led to any financial positives.

The super bull market was nonsense. Debt is where its at!

WTF is this kike talking about?

>>136441119

Read the creature from Jekyll Island he actually DOES kinda have a point given how things work with the Federal Reserve.

The US government can only pay down its own debt without a deflationary collapse unless someone somewhere else is borrowing to make up for it.

It really isn't a big deal right now. He is only right theoretically. Technically paying off too much debt at once can be horrible for an economy.

>>136441306
We are not in a situation where paying off the debt is bad. You can cause a recession and fuck your banking sector, but those are extreme scenarios. Krugman is being a little rat fuck like he normally is: make a true point and then apply it to situations where it doesn't matter. Krugman should love Trump and Bannon's plan to spend massively on infrastructure. I wonder why he isn't constantly talking about that. It is a much better Krugman-esk plan than anything Obama did.

>>136441472
Krugman is a very good economist, but he is also a political hack, so you have to put everything he says in context. Trump literally plans to do exactly what Krugman wanted Obama to do in his last term and guess what? Trump is still the enemy and Krugman will only attack him.

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Behold the sublime intellect of a leftwing economic GOD

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>>136440384
OY VEY, TRUMP IS PAYING OFF THE DEBT SO LESS OF THE GDP WILL BE PAYING INTEREST TO MY BANKER FRIENDS

>>136440384
the us can never pay off the debt because in order for a dollar to be in circulation one dollar of debt has to be created.

if you pay down the debt less money is in circulation

hes arguing for more money to be in circulation

hes just another kike who thinks we can print our way out of everything if interest rates remain at 0%, which is true kind of because the banks that are getting all this 0% interest money only put it in stocks thus why the stock market is like 22k

>>136441728
Is that real? I find it unbelievable. Krugman deserved his Nobel Prize, but he is definitely a political hack.

>>136440384
counter proposal -

how about we just toss krugman and the chairmen at goldman sachs into the oven and start over, print our own money instead of the federal reserve goy notes? problem solved.

>>136441825
This shit is still up on NYTimes

>>136440803
>have a sane fiscal policy

every nation in the world would kill to have our fiscal policy. we spend more than we tax. it's heaven for the economy. the debt only matters IF we can't repay it and that causes a crash. Until then more debt = better economy.

Krugman also said the stock market would crash if Trump as elected

There is a reason Friedman and Sowell disrespect him

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Oh Krugman, you crazy old Jew you.

>>136441285

I understand his position. I am familiar with the book.

I dont give a fuck about deflation. Its literally the biggest rick roll of all.

We have had times in this country where central banks were dissolved. To big to fail is about one bank and one bank only....and its a lie.

We can debate the value of constant open debt as surely as we can debate the value of open boarders.

When do you wake up? When do you stop believing in economics as a hard science?

>>136441285
Well for once it would actually be nice for the value of our currency to go up instead of down.

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>>136441854
There are fates worse than ovening, goy. Hooking up the dollar to the blockchain would probably make Israel go Sampson Option and fire the jewcular weapons

>>136441905

He's been a terrible economist.

What in the fuck is a liberal economist even supposed to be???

This is pathetic. Its an attempt to remain relevant.

He's not and neither is the times.

>>136442096

Lookup the velocity of money and the great depression and (and 2008-2009) and realize that no its a bad thing... especially with ourguy in office.

>>136442096
But then people will save instead of spend

I fucking hate neoliberals so goddamned much.

Trump can discover the cure to cancer itself and leftists will still manage to find a way to berate him for it.

Trump should just focus on his goals and not even attempt to please everyone , its a lost cause

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>>136442422
We can just pass mandatory spending laws!

>>136440384
(((Krugman)))

Daily reminder that Krugman's nignog wife/servant writes all his columns for him.

(((Paul Krugman)))

'nuff said

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>>136440384

(((Krugman)))

>>136440384
Krugman should be burnt at the stake for all the damaging bullshit he's peddled over the years.

>>136442036

I'd like for us to be able to have a sane fiscal policy too but for it to work we need a sane currency system which the Federal Reserve is not.

Deflation is terrible and always causes depressions, not something we want with our man (a nationalist) in office. It might be something we wanted if Hillary was in office.

Trump isn't in the danger zone of deflation yet because Obama increased the debt so much with such bad economic policies that the money never really hit the economy so he has some leeway but if Trump pays off the debt till its under say 17 trillion he starts to hit the danger zone.

>>136440411
Holy shit thats impressive.

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>>136440384
Oy vey!!! Das ist nicht gut!!! Der Goyim ist ein schlemiel putz und essen schwarzen tuchus!!!

>>136440384
>One answer is that issuing debt is a way to pay for useful things, and we should do more of that when the price is right. The United States suffers from obvious deficiencies in roads, rails, water systems and more; meanwhile, the federal government can borrow at historically low interest rates. So this is a very good time to be borrowing and investing in the future, and a very bad time for what has actually happened: an unprecedented decline in public construction spending adjusted for population growth and inflation
Well he's right on this, but there is nothing useful about having debt for debt's sake or to prop up risk pricing of investment vehicles.

I thought Clinton had lowered the national debt to advantage?

>>136441867
But you eventually have to repay plus the economy is crap

>>136441728
> the fed will lose its independence

I fucking wish

>>136441905
The shaked his hand they don't disrespect him

>>136440384

What a fucking Jew.

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>>136440384
OY VEY, DON'T TAKE AWAY OUR IMAGINARY MONETARY VALUE GOY.

>>136442305
Conservative economists are nuts

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> (((Paul Krugman)))
> (((New York Times)))
Pic related

>>136442466
so you hate me?

>>136442501
Lol

>>136442854
Not if your GDP keeps growing, you can keep the ratio to debt exactly the same and while the debt itself balloons.

Fueling economies with debt is the economic equivalent of the martingale.

People are going "WOAH! NO WAY! YOU'VE ROLLED 5000 TIMES ON ROULETTE AND YOU'RE STILL UP? YOU SHOULD BE AN ECONOMIST!" That's all you have to do to be an economic genius. Every time you lose on roulette, just swipe the credit card, and bet until you win. Then brag about how "stable" your economic system is compared to the people that leave home with less money in their pocket every day, while you've been going to the casino for weeks and you go steadily up every time. Have a few good economic ideas and then tack them onto your martingale system, parade around like a genius economist, who has figured out the secret to a good economy is more debt.

He just uses stellar logic. First, tell the central bank to keep interest rates low.

https://krugman.blogs.nytimes.com/2015/11/06/hike-they-shouldnt/

Then, advise the government to borrow more to take advantage of low interest rates! With low interest rates, debt has never been cheaper, so you would be a fool not to take some out!

https://www.nytimes.com/2015/08/21/opinion/paul-krugman-debt-is-good-for-the-economy.html

This is followed by analysis of the martingale showing, over time, the martingale is an especially steady system for managing wealth which grows constantly. Thus, it is more "Evidence-based" than alternatives, and why would you favour an empirical approach over an empirical one? Go from talking about the benefits of saving during good times and spending during bad times, to talking about the glory of just gradually piling on more and more debt over time!

Fuck Krugman.

>>136443119
GDP can't grow forever

>>136443215


>https://nytimes com/2015/08/21/opinion/paul-krugman-debt-is-good-for-the-economy.html
https://archive.is/nIoFI

>>136440411
WTF!? senpai?!

where the hell did we scrape up 8 Gorillions of dollars to pay off debt? Treasury printing Greenbacks? is he OUR Abraham Lincoln?

>>136441867

The reserve currency is a curse which ruins the virtue and after that the economy of every nation which gets that.

It ruined Spain, it ruined Holland, it ruined Britain and it will soon ruin us.

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>>136440384

grow up, we all know you poltards cant read, you cant help but misunderstand and misrepresent

>>136441867
>every nation in the world would kill to have our fiscal policy.

"kill" is our fiscal policy. every dollar printed is backed by the full faith and credit of the US military and nuclear arsenal, and those who struggle against it are going to get their shit fucked up.

>>136440384
>being a Keynesian in 2017
Why does anyone listen to this man?

>>136440411
Is this graph a real thing?

Goddamn, if true.

>>136440803
There is still deficit spending with a greenback system which means there's still inflation which means savings, investments, and wages are still reduced.

>>136440736
say there is 19-17 trillion national debt: what is the break down percentage of that money owed to where/who?

>>136440411
If that graph is true, i want trump over here to sort out our debt.

>>136440411
I'm 38 years old and I can't remember any time that our national debt was shrinking. Is this real?

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>>136443231
space elevator

>>136440384
FUCKING GAS THE KIKES

THJERE IS NO OTHER SOLUTION

>>136440411

explain yourself, Opie. GIS doesn't recognize this image.

>>136443428
Grow up. That's exactly what he's saying it's obvious you cant read

>>136443642
but The People wouldn't take out loans from not The People, to the sum of 19 trillion, which they would then have to pay back and with interest.

The government would say: we collected 1 trillion in taxes this year, but we want to spend 2 trillion:
What do we do, print 1 trillion dollars? Print a fraction of that? Ask private citizens to loan us money, which we (tax payers would pay back with interest)? Raise taxes by 1 trillion dollars?

it's bad, there's no way trump doesn't know how modern money works (he's even indicated he does, which makes this policy curious), but it's probably for publicity and not to a meaningful extent (and hopefully hits the foreign holders more than the american private sector)

>Jew says debt is good

Lol
Poetry
Yes goy, debt is great, take out a nice hefty loan to buy that house you can't afford. It's good debt goy.

>>136440411
holy shit right wing retards are the dumbest motherfuckers on the planet

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>>136443761
it has happened, namely when bill clinton's government wrecked the american economy by doing so

>>136440384

Krugan is a Keynesian economist with flawed ideas and predictions. Look up Austrian Economics.

Fact Checking Paul Krugman's Claim To Be "Right About Everything"

https://mises.org/library/fact-checking-paul-krugmans-claim-be-right-about-everything

>>136440724
Silly goy! Cant you see??!!
Having someone pointing a gun to your head in the form of a massive fucking debt all the time is a good thing!

>>136440384
I keked hard when I read his arguments.
He says "those very low interest rates are telling us something about what markets want"
WTF, a bunch of jews set the interest rates without asking anyone, in what way does this reflect what "markets want"?
Is the market really just a handful of jews?
Motherfucking jew.

>>136444035
This

God i hate these fucks

>>136443585
To be fair it's the only respected economic theory in this age

>>136443642
Wages increase with inflation

>>136444035
The eternal jew, what else would you expect?

if anyone feels willing to look into why and how the debt matters - i'll give you this:

https://www.youtube.com/watch?v=TDL4c8fMODk

>>136443873
How eill that raise GDP?

>>136441867
Yeah who cares about business cycles, declining wages, asset price inflation, rising rents, etc.

>>136444569
It's amazing, soon jews will own 90% of all property in the US.
Just trust them and take that damn loan for a worthless college degree, they do it in your interest.

>>136444031
Modern money works the same as old. I follow MMT as much as anyone but payin down the debt is still good

>>136444186
Why?

the thing that little Opie Conningham doesn't get is that the US doesn't just have huge debts, it has huge assets. it's not our huge debts that make things work, it is the fucking assets.

>>136444202
I studied Austrian economics I understand it

>>136441972
kek

>>136444482
Thanks for this.

>>136444447
>Wages increase with inflation
except minimum, and thus, everything just above it

>>136444482
I understand MMT. under MMT the debt still is an issue due to interest payments

>>136444569
Suuuuure even tho it does none of that

>>136444816
That's why you raise the minimum wage

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>debt is ba-

>>136444653
interesting, isn't the sheer size of it relatively meaningless as long as the government can use its powers wisely to harness the potential of its economy (e.g try to strike full employment etc while keeping a close eye on inflation)? what would make the fact in itself good?

>>136444816
Next time it gets raised, they'll index it to auto-adjust with the CPI like they do Social Security.

>>136444896
but you said
>Wages increase with inflation
if the federal min wage hasnt been raised in 10 years, it would appear your statement is false. but I presume you were talking about wages furthest from minimum

>>136444929
And now have a look since when did wages start to stagnate in the US? It's since the 70ties.

>>136444929
>>debt is ba-
the debt is 19 trillion. What a random number. What a massive number, why not 30 trillion? why not 50 trillion? why not 100 billion?

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>>136444929

linear scales exaggerate, need to normalize by GDP

Bush tax cuts remain largest factor in debt

>>136444996
Problem is as long as it has to pay intesest a portion of our labour is going to banks for free

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>>136440384
>every country on the planet needs to be in worsening debt that they can never climb out of

There is nothing more jewish than this.

>>136445006
I was talking about general wages

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>>136442952
>>136443017

>>136444818
I see, it can be a fair point, I suppose. the interest payments are another faucet for the private sector.. as long as there's room for that money to be absorbed, I've seen no problem per se. There's the societal question of who gets said interest payments and FOR WHAT (shekelstein for nothing?) - I suppose there's the rub.

>>136445135
>>136444929
The whole thing is that money, paper, is everything and nothing.

It is what money can accomplish that is valuable, so it is thought and said it to be worth it to x amount of paper or x999999 paper out of thin air, if it can accomplish real things, like infrastructure and aircraft carriers and other fancy tech

>>136445161
How is stealing less money from people with higher incomes "redistributing" money from poor to rich?
Didn't they earn it by having some private company voluntarily paying them a high income?
I simply don't get it.

>>136444192
>not understanding the difference between debt and deficit

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WHAT THE FUCK SOMEONE STOP DRUMPF BEFORE HE KILLS US ALL

>>136440411
Does this have a source backed by actual numbers? Or are you just going to cite "SOME RANDOM STUDY BY A THIRD RATE UNIVERSITY IN BUTT FUCK OHIO"?

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>>136440384
>Bush Jr. spends a few trillion on the military
>Liberals: "He's going to literally bankrupt us! REEE!!"
>Obama adds more to the national debt than all previous presidents combined and more than doubles it from ~10 trillion to ~21 trillion
>Liberals: "This is totally a good thing and paying it off is irresponsible"
This is why no one takes the left seriously because they don't know their asshole from their elbows Kek

>>136444857
Yeah those things are just happening all by themselves. What a strange phenomenon.

>>136445231
The funny thing is that's real

>>136441728
This guy is rank with the smell of pizza.

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>>136445370
>B-but I'm j-just a comedian

>>136445234
That's my issue with it. Private sector facets should be for schools roads and hospitals. Not for Shelekbergs bank

>>136444192
>it has happened, namely when bill clinton's government wrecked the american economy by doing so
Clinton's economy was great tho

>>136445569
In that regard, I completely agree.

>>136445578
Everyone loves a boom.

>>136445318
That argument could be said for Lords who run peasants land. They voluntary work for the Lord.

>>136445383
>Bush jr. was better than obama
I think I had enough internet for today.

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>>136440384
>Debt is good for the nation, and it's good for you too!

>>136440384
>student loans sucks socialism rules
>trump is ruining the economy we need debt
liberal doublethink at its finest

>>136445619
That's why despite agreeing 100% with MMT I don't buy the argument that the debt "doesn't matter"

>>136445318
>voluntarily paying them a high income?
No most people with high incomes are ripping people off specifically using the state's enforcement of patent laws and intellectual property or using their considerable resources to steal ideas from people who don't have the legal resources to use those laws to their full advantage.

>>136445197
Fucking antisemite

>>136445688
Unfortunately we don't have that kind of system and to top it off it never was voluntary to begin with.
But what we have right now IS voluntary. If you bring great value to a business you'll earn a great income.
If you run a great business and customers throw tons of money at you you'll be a billionaire.
It's not like Steve Jobs sent the Yakuza out to force people to buy his products.

>>136445700
No one said he was good, but the left criticises Bush and respects Obama for doing the same things

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>>136445700
Yes, you should leave and not come back. You're not welcome here.

>>136445503
Sure even though decivics don't cause it

>>136445811
Last time I checked software engineers and doctors made up a large portion of the top 1% of incomes in the West.
I find it hard to believe that they make their money this way.
Or are you some kind of retard who believes that you are only in the top 1% if you earn many millions per year?

>>136445714
So liberals are twice as smart as you?

>>136446021
You are a fucking retard. You need 500k a year to be 1% PragerU did a study

>>136440411
nice story did you notice it says projected? Projected 2017.5 that's now. Natl debt nearly 20M. Total US debt is over 67M.

Watch it pile up in real time http://www.usdebtclock.org

>>136445507
yup

https://twitter.com/paulkrugman/status/795324133655674880

never forget

>>136445885
Problem is if I tried to do the same I'd be run out of business by big corporations

>>136445895
Everyone said he's good

>>136446123
Which contradicts me in which way? Please point me to a specific quote of mine.

Bonus points: Show me how many of the top 1% make their money by abusing patent laws.

>>136440384
>debt is good
>kike
Like Pottery

>>136446021
The last tax bracket doesn't kick in until 500k and those professions definitely work for corporations that have monopolized certain area, exploit patent law, and rape their customers who are often just using government money or collective negotiating to begin with.

>>136440384

>He argues you need a good amount of national debt

He's jewish, of course he says that.

That's literally their entire strategy for control.

>>136446013
All those things are caused by our monetary system.

>>136446216
No doctor or software enginnering is the 1% they are all CAPITALISTS

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>>136440411
Lots of retards appearantly don't realise the debt repayment projected on that chart for half of 2017 would equate to more than half the US GDP spent just on debt repayment and interest.

Nice troll.

>>136446175
If you tried to do what? WTF can you even make a coherent argument or do I have to be able to read your mind?

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>>136444512
We can get ridda nuke waste = widescale desalination possible

Get rid of pollution & shit, cheap to mine space minerals, etc

>>136446270
Yeah, not deficits it's the FED

>>136446274
I do you mongrel. And incomes in Austria are lower.

>Wags quickly noted that the U.S. economy has, on the whole, done pretty well these past 180 years, suggesting that having the government owe the private sector money might not be all that bad a thing

In comparison to what? Other countries doing pretty much the same? This is the level of arguments?

>One answer is that issuing debt is a way to pay for useful things

I could right now spend all my savings into useful things, I could indebt myself for millions and millions for useful things, but the economy does not grow by consumption of a given amount of goods, the economy grows when I keep saving until I can afford something that multiplies my production.

Besides, fallacy of what is seen vs what isn't, would this money not be used properly if left in the hands of those who will have to assume this debt? Does the government have incentives when they're betting with someone else's money? When will Keynesians ever learn?

Krugman and his followers are kikes with ties to low elastic demand products, if we started throwing money of a helicopter that money would come from everyone's pockets, but it will always end in a few exclusive sectors: Real state, stocks, healthcare, etc.

Basically, sectors of very necessary things that will hike the prices as the supply of money keeps growing. Meanwhile, low elasticity products will suffer the consequences.

>Beyond that, those very low interest rates are telling us something about what markets want.

Is he this moronic or are his readers? Markets are not the ones setting those very low interest rates by themselves, it's the central banks...

>is that the debt of stable, reliable governments provides “safe assets” that help investors manage risks, make transactions easier and avoid a destructive scramble for cash

By constantly devaluing their assets?

Can't wait for people to pour all of their production into cryptocurrencies so this kike begins complaining about how terrible it is that people are escaping his claws.

>>136446275
No on that chart the U.S debt drops by 7 trillion and u.s GDP is 18 trillion

>>136446290
Sorry it's past my bed time and I'm trying to type so my mom doesn't hear and come down. I'm 18 yes but my point is these guys monopolize the market. Steve Jobs created a lot but by bullying the market doesn't let others do the same

>>136446317
Then Yu wouldn't be on pol you'd be studying

>>136446341
>Meanwhile, low elasticity products will suffer the consequences.
Meant high elasticity products here

>>136446065
doublethink is from George Orwell's 1984 it means the acceptance of contrary opinions or beliefs at the same time, especially as a result of political indoctrination

>>136446341
Pls learn more. Governments are spending other people's money so they have to be extra careful

Imagine how much he will chimp out when the data shows something like this (>>136440411) in 4-8 years, with added GDP, per capita GDP, inflation and unemployment measures improved too. I like Krugman, but a lot of economists simply refuse to admit flaws in their economic beliefs and ideology, especially when they are as dogmatic and have as entrenched beliefs as he has.

>>136446542
>Pls learn more. Governments are spending other people's money so they have to be extra careful

lmao

>>136446541
If you read the book O'Brien explains how doublethink changes reality and can only be done 100% properly by the intellectual elite. Only the smartest can truly doublethink, and doublethink is the most efficency way to change reality

>>136446586
>>136446586
I am way more careful in other people's houses than my own.

>>136440411
dumbass

Trump is proposing increased spending and reduced taxes, that doesn't add up at all

>>136445885
>If you bring great value to a business you'll earn a great income.
Tell that to the guy who invented the LED.

>>136446341
>but the economy does not grow by consumption of a given amount of goods,

I think to at least some degree it does. There are people, they need to consume things to live, money is traded to consume, have, do various things. People pay money to consume, have, and do various things, and people are paid money to supply what is consumed, what is had, and the ability to do various things.

The economy is, the flows of money. Spending and saving, and its relation to goods and services.

>>136440384
If he's such a brilliant economist then why is he not a billionaire?

>>136446143
Only 67M? Holy shit, Trump could pay that off himself. Fuck Trump.

>>136446688
>Source: My Ass

>>136446447
I'm older and in my career for a long time already, so I'm not studying anymore.
Only advice I give you is to get rid off this psychological baggage of enviousness, for there are countless opportunities to have success in life.
With the right and positive mindset you'll basically compete against a ocean of people who put themselves into the position where they can't see any hope to achieve some good standard of living.
Reaching at least upper middle class is not so hard as many might believe.

>>136446584
>I like Krugman, but a lot of economists simply refuse to admit flaws in their economic beliefs and ideology, especially when they are as dogmatic and have as entrenched beliefs as he has.

Either they dont fully understand the federal reserve, or they do

>>136446808
I am 18 aND I already fucked my life up a year ago. My dad is upper middle class and it is pretty hard he had to work quite hard to get here

>>136446717
There are some tribalistic societies where the rate of consumption is 100%, literally 0 savings, and they're stagnant because they're not putting aside some resources in order to work towards improving their production.

Now, of course consumption is necessary, but only consumption of necessary things. Increasing aggregate demand leads us more to those tribalistic societies meanwhile consumption of necessary goods leads us to economic growth.

>>136446360
It's hard to tell the exact numbers because the projection is REALLY fucking dumb, but I see in the span of 6 months, the debt dropping from ~17 trillion to ~12 trillion, maybe that's slightly off.

That GDP of 18 trillion is yearly and it's more like 18.6, it's 9.3 trillion in half a year. The debt is appearantly dropping by 5 trillion drop in half a year. then you add interest repayments on top of that. God wonders how Trump pulled off such a move given current tax rates, must be 3d chess.

There's also the fact that the US debt is currently 7 trillion dollars higher than the graph says, given we've already passed 2017.5.

I'm wondering if you're a troll or just retarded and gullible, I'm assuming you are a troll, but I'm just trying to teach all the people that believed you basic reasoning skills. Like not believing graphs with retarded data with retarded 3d SUPER COOL projections that impair legibility because they have "Springfield university of economics" on them.

>>136446614
>doublethink is the most efficency way to change reality
that's cool can you give an example changing reality sounds neat

>>136442715
>Der Goyim ist ein schlemiel putz und essen schwarzen tuchus!!!
Wot?

>>136446918
Double slit experiment. Simply thinking and observing changes fact. Same with shrodinfer cat. fucking autocorrect. It's Shro ING Ger CAT

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>>136440411

holy shit, trump is based as fuck.

We're gonna be debt free by the end of 2018 if this holds up. Libcucks on suicide watch kek

>>136446651
Only because there's no abstraction, there's clear responsibility if you fuck up and fuck ups in such a small scale are clearly noticeable right away.

You cannot seriously tell me this example applies to government spending.

>>136446878
You can't have fucked up your life already with 18 unless you have murdered someone.
People sometimes start over with 45 and still reach success in the new industry.
Don't be so negative.

>>136447038
OK. I admit you are right this time

>>136440411
You are fake news.

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>>136447083
Classy, good for you

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>>136440411
Pic related, every retard that believed this graph was legitimate.

>>136446995
This is simply one way that very tiny particles behave, not literally applicable to everything else

>>136447062
I just got my grade 11 marks. I got an 82 average. Where I live any decent school is 85 average which means I cant get into any decent school. My dad said I might as well not be his son. And I had a condition when I was younger so yes I'm 18 going into grade 12. I started school late due to the condition incase someone implies I'm underage

>>136440384
he trying to defend wallstreets interest which is pointless. the markets are on rails have been for years. weak dollar hype means nothing no bump in activity

the fed puts money into wallstreet and doesnt take it out or at least hasnt for many years since the first official wave of QE. they allegedly took it out later like all the other official wave BUT a audit done in like 2013 showed they never took any of it out it was just stacked. trillions of dollars stacked in wallstreet no investors associated with it

so doing the generic analyst shit is pointless . expendable income in household budgets and consumption are more important than pretending the markets arent rigged

>>136446890
ah I see what you mean I think.

I guess the thing is,
>meanwhile consumption of necessary goods leads us to economic growth.

Is this all society would be about? What is the point of society? Of life? You are suggesting, to be as frugal as possible? There is nothing frivolous worth spending ones money on? The economy should be based on technologically advancing, increased efficiency?

>stagnant because they're not putting aside some resources in order to work towards improving their production.

improving production of necessary goods and services?

>>136446878
And yeah, it is hard work.
It can't be easy to be in the say top 10%, for there always will be 90% that wished they were there and constantly compete with you.
Deal with it and be willing to work hard if it is very important to you or don't, which is no tragedy either.

Your broken window fallacy isn't going to get play here, Paul.

>>136444512
It will be cheap and easy (comparably speaking) to get materials into space. Space stations, and with it space travel will become much more feasible. The objects in space, even nearby ones are rich in resources that would be rare or very difficult to mine on Earth.
Just few years an asteroid went by Earth that was estimated to have enough platinum in it to buy a small country, for instance.

>>136446971
>The Goyim is a useless idiot and eats black ass!!!

>>136446995
bro this is quantum physics then again if i doublethink about it if america borrows 999 zillions usd build their military and trump destroys the banks then there will be no more debt assuming no inflation ofcourse

>>136447194
I didn't finish my college degree. I run an IT business and many of the best software engineers and businessmen I know didn't finish college either.
It's not the end of the world. If you can correct it and it's important for the industry you want to enter to have a degree then try to do it.
Alternatively you can go and study abroad in some European countries where entry is not tied to your marks.

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>>136447194
College is a kike meme

Get the cheapest accredited uni degree you can (I.e. University of South Africa) then go teach English in Korea for 5 years. Live off half and put the other half in Bitcoin, buy and hold

>>136440724
>Cohencidence

>>136440803
No way goy bro. We need fiat to fund our satanic inversion stuff. Get rekt.

The Jews are starting to get scared. I love it.

>>136442036
We should imagine a different economy

>>136440384
>Trump paying down debt
Let me guess, your source is some shitty website like The Gateway Pundit or Your NewsWire.

>>136447194
>kekistan flag
>blog posting
Underage reddit
But you're fucked I was top 5% of my class at a top competitive public highschool with top .5% sat act and still didn't get into top schools. That's my white priviledge

>>136447219
I'm not in favor of economic arguments against freedom of choice, this is something Commies and Keynesians do.

The optimal thing to do, perhaps, would be to consume rice and water and put all of our resources into productivity growth. Fuck if I want to live in such a world though.

The problem in this case, and why I use this economic optimum argument, is because Krugman is not telling you, John Doe, to get into debt and spend your money.

He's telling the government to do it, whether you want to be frivolous in your spending or whether you're planning to grow your factory with savings, the government will force you to be frivolous. This goes against personal plans and preferences and I just wanted to demonstrate that it's not just going against your potential preference, it's not even justified from an "economic optimum" point of view.

>>136440384
>Hire all Goldman Sachs employees
>start paying back Goldman Sachs
>bad

This should be an argument for insider trading or something.
Also,
>risk free investment
Like lending to people that actually pay their loans back?
Gee.

>>136445370
when you have a surplus your debt shrinks idiot

Paying down debt in a good economy litterly the definition of Keynesian

>>136447703
Debt is structured, it doesn't depend on windfalls.

>>136444929
>hurr durr what is inflation

>>136445811
sounds like those laws are the problem, not the taxation

>>136447944
It raises your wage, didn't you know? Venezuelas stock market grew by several thousand percent in the last 12 months.
Socialism is amazing!

>>136447532
Says New York Times right there, retard

>>136441867
thats a good fucking goy! keep getting more debt and paying that interest of the kike-printed worthless paper.

Only an indoctrinated inbred penis mutilated low-iq goyim slave would EVER believe that debt is good. Holy shit dude, the jews really have made a number of you dumb americans.

PS; NOBODY and i mean NOBODY in the entire world would have your "fiscal policy", you really are too stupid for your own good. how you manage to breathe is actually impressive.

>>136448035
dude what if we just like

what if we

hold up listen

what if we just print more money?

dude listen!

we can just print more money!

everyone could be rich!

we could just print the money!

dude!

dude listen!

guys lets just print money and give it to people and poverty is solved!

>>136448120
Didn't Krugman actually suggest a few years ago that we do some helicopter money action?
I could think of something better to do with a helicopter but curiously no Socialist cares to ask me :(

>>136443274
he's the reason we ended u with a federal reserve after fucking the country over
we had nigger slaves,and a gold standard before. everything was fine
you SHITHEADS always BITCH, we coudlnt do nothing

haha. printing fakemoney is as bad as its fake like you fuck you shill
shill

>>136443588
>>Is this graph a real thing?

no

wtf is with everyone here believing that shit? jesus christ. HE HASNT PASSED A FUCKING BUDGET YOU IGNORANT SHITSTAINS.

FUCK

>>136447532
We really should have let the Serbians do their thing in the 90's.

>>136445215
https://www.youtube.com/watch?v=CceWgQaRXrI

>>136448349
Not important, just accept the damn debt goy or I'll send my lawyer friends from the synagogue to convince your wife to divorce you on trumped up physical and sexual abuse charges.

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>>136448243

>>136440384
>THE BANKS, GOYIM, THE BANKS!

>>136440411
Lmao 10/10 so many retards buying that

>>136446584
>Imagine how much he will chimp out when the data shows something like this (>>136440411) in 4-8 years, with added GDP, per capita GDP, inflation and unemployment measures improved too.

this is completely wrong and stupid and you really need to stop fucking posting forever. i can't even begin to imagine how you came up with such a retarded statement.

for the government to pay down a trillion dollars in debt each year, the budget would need to be slashed by about 25%. government outlays are directly correlated to gdp.

what in the fuck do you think would happen if you immediately took $1T out of the budget? that is $1T less that is being spent into the economy, into people's paychecks, into literally fucking everything the government spends money on. POOF, ITS GONE.

how in the FUCK did you ever come up with the idea that removing such an astronomical amount of economic activity from the economy would cause the gdp to GROW? and cause INFLATION? holy fuck dude, get a fucking grip. you are legitimately stupid. fuck i am mad.

>>136448294
Lincoln wasnt the President in 1913

>>136448243
>>Didn't Krugman actually suggest a few years ago that we do some helicopter money action?

yes and he was correct. the post-keynesians advocate direct control over monetary policy by governments, and they're correct.

>>136448664
It is impossible dude, the Talmud says something different.
Please get your fact straight before you post this Antisemitic bigotry.
Read Babylonian Talmud, goy.
It's all there, Jesus boils in human excrement in hell. Btw fellow human, we love you guys.

>>136448664
I was meant to say "if" you hysterical chimp.

>>136448873
>I was meant to say "if" you hysterical chimp.

what if the ocean turned into cat piss?

really makes you think

>>136448859
what are you even talking about

>>136440411
That graph would be nice, but sadly it is not real. US national debt right now is $19T, it has not gone down under Trump. He has stopped the bleeding for the moment, however, since it had been steadily increasing under Obama and Bush before him.

>>136444415
Lol

>>136440411
Big, if true!

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>>136444636
>oi, bin that notion m8

>>136448664

Well theres about 600bil in pork barrel spending each year. Literally researching cow fart effects on atmosphere and rabbit language. There is so much waste i think 1T reduction is actually reasonable.

>>136448664
>for the government to pay down a trillion dollars in debt each year,
can you give a rough breakdown of who the debt is owed to (inb4 mostly china)?

>>136451204
ourselves

>>136448664
>what in the fuck do you think would happen if you immediately took $1T out of the budget?

What would happen if $1T was gathered together and burned/destroyed, would that make the Dollar stronger/more valuable, have greater purchasing power?

>>136440384
>Paul (((Krugman)))
>OY VEY GOYIM WHY DON'T YOU WANT TO STAY NEARLY $20T IN DEBT?! DIS IS ANUDDAH SHOAH!

>>136451242
explain

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>>136440384
Oy vey! DONT SOLVE DEBT GOYIM!

>>136451242
Ok, well heres the thing, maybe a source of confusion in here, the difference between debt and deficit. Deficit is saying, the tax payers only have X amount this year, but we really want this rocket right now, so put it on our tab, we will pay you for this rocket with digital money, and then in the future taxpayers money will be taken, and pay for the rocket for real

>>136440612
Is dzayerbro the new norgebro? Im ok with it khou

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>>136440384
>oy vey goyim I need those interests
>why won't you borrow your own money from (((us))) at an interest?

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>>136440384
Yes Goy Yes debt is good

>>136451513

Fed prints money lends it out at 0% to banks. Govt borrows from same banks at like 2%. At least in 8yrs of obama it was like this.

>>136440384
and according to other """""economists"""" Trump raising the dollar is also a bad thing

>>136440384
holy fuck, his literal arguments from the article:

>you've been in debt since 1835
>and hasn't everything been great to you?
>it's all thanks to Jewish debt magic that makes your economy great just by giving us interest shekels

>you actually need debt to function well
>in fact 5 out of 5 usurers say your debt is too low
>watch out goy, you need to indebt yourself more, stat!!

>>136441285
the collapse is inevitable

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>>136440384
Oy vey!!

>>136440384
>>136450490

>take out debt goy!
>look, the interest rates are so low!
>you literally can't afford not to take debt!
>not taking debt will ruin your economy!
>look the interest rates are so low it's practically free money!

a few years later
>oh what happened, the interest rates increased!
>the only way you can maintain your debt is by taking out more debt
>but since (((creditors))) are concerned you might not make it, the interest rates are skyrocketing
>you now need to give (((us))) 10% of your GDP our we'll cut off your debt supply
>too bad goy, next time be careful with those interest rates

>>136452256
fuck off cunt don't spam your shitty threads

>>136440384

krugman is a piece of shit

>>136450365
>Jay Z dropping redpills and triggering Kikes

Kek what a timeline

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>>136441825
>Krugman deserved his Nobel Prize

>>136448664
yes you are very mad
The government is simply spending less while the economy is growing. So the percentage of debt to GDP is just changing, that's all. Don't get your panties in a wad.

Keynesians should be burnt at the stake.

>>136440411
That's probably literally impossible.

Even if Trump had his way the burger national debt would still increase for a few more years.

175+ Trillion dollars still has to be payed for social programs but isn't actually on the national debt yet.

From 2019 to eternity, tax revenues will be lower than mandatory spending.

Can't belive you burgers thought this would be over with just the election and the swamp. Still gotta spend the next 30 years with high taxes to pay those unfunded liabilities.

>>136440384
(((Debt is good for your economy goys)))

>>136440724
He's not outright lying.

Debt is good for the economy in the here and now, but it means that that wealth plus interest is taken out of the future economy.

So Democratic nations love debt because they can keep bribing voters with free shit.

>>136447441
kek im using this

>>136440411
This is fucking bullshit.

>>136441825
>Is that real? I find it unbelievable.

It's still here:

www.nytimes.com/interactive/projects/cp/opinion/election-night-2016/paul-krugman-the-economic-fallout


Nobel economist warns of 'global recession' after Trump victory
www.rte.ie/news/us-election-2016/2016/1109/830293-paul-krugman-comment/
>US economist Paul Krugman has warned of a "global recession" and the "mother of all adverse effects" as Donald Trump becomes 45th president of the United States.

Economists Warn of Global Recession Following Trump Victory
time.com/money/4563085/donald-trump-global-recession-fears/
>Nobel prize-winning economist and New York Times columnist Paul Krugman warned late last night that the economic fallout could be unprecedented, calling the election results “the mother of all adverse effects” on the still-fragile U.S. economy. “What it brings with it is a regime that will be ignorant of economic policy and hostile to any effort to make it work,” he wrote. In a Wednesday morning Tweet, Krugman walked back his dire predictions to an extent, saying the fallout might not be worldwide.


Has there ever been someone less qualified to have his opinion published in a newspaper than Paul Krugman? This is how dumb the NYT thinks their readers are -- and they're probably right. The mainstream corporate liberal media is filled with lies and fake news (in case you haven't noticed yet).

>>136446240
Or maybe runs a successful plumbing company in a mid-sized city. 500k isn't impossible for non-shekel-rubbing small businesses.

>>136441825
>Krugman deserved his Nobel Prize,

http://www.youtube.com/watch?v=nhMAV9VLvHA

Krugman: “It’s very hard to get inflation in a depressed economy. But if you had a program of government spending plus an expansionary policy by the Fed, you could get that. If we discovered that space aliens were planning to attack, and we needed a massive buildup to counter the space alien threat, and inflation and budget consideration took secondary place to that, this slump would be over in 18 months. And then if we discovered, oops we made a mistake … There was a Twilight Zone episode like this in which scientists faked an alien threat in order to produce world peace.”


Are you sure the Nobel Prizes are worth what you think they're worth?

>>136453627
One person can't be the only one drawing income from a company that profitable and the higher tax rate doesn't kick in until the income you make after your first 500k.

>>136453727
>www.youtube.com/watch?v=nhMAV9VLvHA

by the way the other clown in that video (not the host who's the third one), Kenneth Rogoff, wants to abolish cash:

http://press.princeton.edu/titles/10798.html
>From the New York Times bestselling author of This Time Is Different, "a fascinating and important book" (Ben Bernanke) about phasing out most paper money to fight crime and tax evasion—and to battle financial crises by tapping the power of negative interest rates.

>tapping the power of negative interest rates

>>136452841

ironically entitled "Why most economists' predictions are wrong." (he probably didn't choose the title himself but it's funny)

http://web.archive.org/web/19980610100009/www.redherring.com/mag/issue55/economics.html

"
* The growth of the Internet will slow drastically, as the flaw in "Metcalfe's law"--which states that the number of potential connections in a network is proportional to the square of the number of participants--becomes apparent: most people have nothing to say to each other! By 2005 or so, it will become clear that the Internet's impact on the economy has been no greater than the fax machine's.

* As the rate of technological change in computing slows, the number of jobs for IT specialists will decelerate, then actually turn down; ten years from now, the phrase information economy will sound silly. "

Isn't this short term thinking? Won't they claim debt is bad once Trump is out the office again?

>>136441728
but but he won award once so he's smarter than us

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>>136448524
Oy vey if they start paying off that debt and becoming strong again. Goyium here thinks we need to send in another shitshow of peaceful refugees

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You Yanks should have listen more to Bill Clinton

>>136455728
>listen more to Bill Clinton

Bill Clinton: More Immigration Good For White Males

http://www.npr.org/sections/thetwo-way/2010/04/bill_clinton_more_immigration.html

>>136457050
Archive please
https://archive.is/t4B0Y

>>136440384
Holler at us when Trump actually begins to audit the Fed.
Ok, OP?

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>>136440384
>Paying Down National Debt,

The worst thing anyone could do.

Paying our nation debate:

1. Retarded, because you could never pay it off ever
2. If you did it leads to an economic crash the likes of which we haven't seen since the last guy who did it, Andrew Jackson

Anyone who supports this is a full blow retard.

Government isn't a family, private debt isn't the same as public debt you faggots.

>>136440384
Break that window goy

>>136440724
Why are Jews so treacherous?

>>136457772
>jews crash the economy because the goyim doesnt want to be shackled by debt anymore
>so dont evet pay debt let the kikes control you

>>136440736
You can never pay it off by design though.

How can $1 loaned into existence pay back $1.01? It necessitates borrowing again to pay back what you just borrowed. It's naturally inflationary and therefore vertically funneling over time and one of major drivers of wealth disparity.

Trumpsan is doing it. Controlled deflation.

SLAVES? RACIST FOREVER BASED ON PAST

CRUSADES? LOL TERRORISTS

ANDREW JACKSON PAID OFF DEBT? LOOK AT THE COLLAPSE!!!

Hillary deleted emails. WOAH WOAH THIS IS IN THE PAST GUYS CANT U DRUMPFTARDS MOVE ON?

>>136447194
20 yr old here, I did not do so well in high school, went to a decent college that was on the cheaper side. Thing is you can always transfer to a better school after two semesters, I have not even graduated yet but utilizing the knowledge I have acquired earns me $200 a month from my investments alone...no effort required pretty much.

When I meet people who say their life peaked in high school I feel very bad, that would be a shit condition in my opinion. Working at McDonalds forever, imagine it.

Also, our military is fantastic, if you have no taken the asvab for free at your school I would recommend doing it. You could travel the world, get paid for a non-combat role, and go to college for free. Your life is far from over.

>>136444035
You should never borrow to finance your lifestyle. But to be fair, borrowing to start a business or engage in some economic activity that creates goods and/or services is reasonable. Borrowing isn't always initiated by a bank either, companies issue debentures to lenders. Many of the technological triumphs of the last two centuries were only made possible because companies could issue securities and bonds and small businesses could borrow money.

>>136451938
Oh, so when I said
>can you give a rough breakdown of who the debt is owed to
and someone said:
>ourselves
and I asked you to explain, and you said:
>Fed prints money lends it out at 0% to banks, Govt borrows from same banks at like 2%
What was meant by 'ourselves', was not 'ourselves' but 'theirselves'?

>>136457772
Its true, Trump should not worry about paying the national debt.

but for reason you did not mention

>>136458084
>so dont evet pay debt let the kikes control you
If one does not pay their debts, and can get away with it, how are they being controlled?

>>136440411
FAKE AND VAGINALLY JEWISH. HE MADE A POINY BEFORE THESE ARE PROJECTIONS OR EDITED AND HAVENT EVEN HAPPENED!

>>136462236
and how do you figure you will get away with it you fucking absolte fucking retard the federal reserve holds you by the balls

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Krugman is a Jewish Economist-Freak who is one of the main reasons we never got sane debate that could have prevented Jewish Crash

>>136462383
I seriously wonder why the fed has kept the US interest rates so low for so long.

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>>136450365
God damn a nigger who can think?

>>136462344
do you know how much 20 trillion dollars are? (again, I keep mistaking... that figure is about the deficit, not about 'national debt')

how long that number has been growing for?

So Trump paying down the national deficit, right? Which means what? Hes trying to do it by cutting budget: which means same amount of taxes are collected (maybe) but instead of using them for x, y, z, use them for only x, y, and the leftover saved from not using on z, is lessening the deficit, which means what?

Who does that money go to?

The deficit exists because at one point in time (all points it seems), We The People wanted more than we could afford with our collective taxes that year,

but we still got what we wanted, and those people that sold us what we wanted, needed to be paid the and there, did get paid then and there? Or were written a check?

We didnt have the money to purchase X from company Y at the time.

We said, we will give your company money now, or later?

We dont have money to give... ah thats where it comes in... so the deficit is owed.... the deficit is debt.... oh... oh my...

>>136462383
is it really thought, and more importantly is it accurate, that mainly jews benefit from the fed? You and anyone can say yes, and you can show a few listed names of association, but it is very possible that does not tell the whole picture

>>136440736
This. The whole shit is a catch 22 at times. They have the economy and shit held hostage. If we make too drastic a change everything collapses. People going "audit the fed" have no idea of the immediate implications to America. Sure in principal and eventually very far down the road things would be corrected but it would be literal disaster for this country . Say good bye to hegemony, say hello to threat of actual wars, bye bye cheap goods, so long jobs. I often think its a built in self destruct option. They just get enough people agitated to do it for when they bring down the house of cards.

Before a shit load of "kike lover" just remember that our economy is built on DEBT/Confidence. The debt is GOOD if confidence is high. The lower the confidence the worse the debt becomes.

>>136462613
The jews own all the property in america? As justified as some of this stuff is, on some powerful people that happen to be jewish, there are many other wealthy and powerful people, it seems jews are particularly being scapegoated. Every big bank in the world, every investment bank, every capital firm and bank on wallstreet, all stoke brokers, what percent is jewish?

Are all the non jews associated with that totally fine?

>>136462867
>that our economy is built on DEBT/Confidence. The debt is GOOD if confidence is high. The lower the confidence the worse the debt becomes.
we are specifically talking about national debt here, I believe

>>136462867
>The debt is GOOD if confidence is high.

No matter how huge the debt is?

>>136462867
>If we make too drastic a change everything collapses. People going "audit the fed" have no idea of the immediate implications to America.

Audit the Fed =/= abolish the Fed

>>136440384
OH NO, WHAT WILL THE JEWS DO?

>>136442501
>BARACK OBAMA
>Barry's
>TRILLIONS

>>136463639

When everyone sees what the FED has been doing they wont dump the dollar and blow us the fuck out.

>>136463988
forgot greentext but you get the gist.

>>136440384
>>>/b/741342185

>>136442501
Nah, (((inflation))) keeps the goyims money moving out of their own pockets.

>>136440384
> Investing in infrastructure for niggers
This is why we can't have nice things

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>>136440384
>tfw national debt is the currency (((they))) trade to create money
>tfw liquidity only represents that debt and the debt it created just by being minted
>tfw paying off the national debt may be the biggest weapon against the jew

>>136462867
kike lover
>>136463639
Nobody seriously bearing the Gadsden should want anything but to abolish the Fed.
Alexander Hamilton is not my presidnet he is cryptomonarchist and probbaly scottish as well. CONFEDERATION and freedom not FEDERALISM and debt slavery ok. praise jefferson

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>>136440849
> be me
> take out loans
> never pay off the debt, just make interest payments
> take bigger and bigger loans to cover the interest
> mfw i have infinite money

>>136440411

Is this fucking real???

>>136441728
Jesus, is this real? How do these people write such shit and the come out a week later and expect people to still listen?

I mean fuck I know the consumer has a short attention span, but how one person could be so honorless as to make such an alarmist prediction, be proven wrong, yet still expect everyone to still listen to your bullshit? It is very reminiscent of the sorry shameless tactics of particular group of people in finance and media.

>>136440384

>Risk free investment
>Interest rates milking and slaving 100% of citizens
>Good

God fucking damn it... I can't take much more of this.

>>136442422

Thats a good thing, since it leads to long term growth anon. Americans save by far the least amount of money as a %.

>>136442802

Gotta get the goy puppets in congress to pass an infrastructure bill. They are opposed because RUSSIA.

>>136463988
isnt it said every country has the same system?
It screws the masses (though wealth trickles down, via what the job creators, owners, and inventors, are able to do with the money the money getters give them) but it benefits those who are given the money to invest and I guess you can say those whos company is invested in.

>>136464476
>>tfw paying off the national debt may be the biggest weapon against the jew
no
>gives someone 20 trillion dollars
TAKE THAT!!!! THE WRATH OF MY BIGGEST WEAPON!!!!

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>>136440384
Every fucking time...

>>136464691
What part of this comes down to is the...belief that taxes can theoretically be lowered for the middle class (for everyone?)

That if more people saved money, and were more frugal, then there would be less welfare, and if less welfare, less taxes taken out of the paycheck? That is the big hope, and master plan and desire?

All that matters in all this is, paying less taxes, and the dollar having maximum purchasing power? Getting to keep more dollars you earned that are worth more (because of a lack of inflation, and a lack of waste of taxes)?

>>136464691
but what do you think of this anon said

>>136442419
>Lookup the velocity of money and the great depression and (and 2008-2009) and realize that no its a bad thing... especially with ourguy in office.

There are businesses. They exist. They depend on people relatively continuously giving them money for goods/services.

If many more people, many more saved their money, then this would likely mean businesses going out of business.