"bitch's"
Ponderable
- Thread starter Bruddah IZ
- Start date
Sheriff Joe
DA
“Money we don’t have?” What?! Have you looked at the budget? We are the richest country in the world! You may not want to spend a dime of government revenue on people who are here without proper immigration documentation, but we have all kinds of money. As far as not wanting them or needing them, clearly that’s not true. Big business runs the world, we just live in it.
Wez
DA
Capitalism and free markets is globalism you idiot.
They are except in California & it's amnesty cities where they've declared they don't give a damn about the US Constitution or the Federal Government...
Hüsker Dü
DA
Who gives you such silly ideas?
Bruddah IZ
DA
QE runs the world.
"ran"
Bruddah IZ
DA
Democrats say election rigged
Bruddah IZ
DA
Crowdfunding Can Solve More Problems than Social Scientists
We can't expect to create a civil society using the mechanisms which have contributed to its diminution.
Democracy works best alongside civil society. However, civil society is built by solving local issues without relying on the remote hands of politicians and democracy. It may sound like a paradox, but in reality, the expansion of so-called civil society requires neither politicians or more elections, nor longer electoral programs.
Life in a Civil Society
When French philosopher de Tocqueville travelled around America in the 19th century, he was amazed by the civil society there in comparison with France. What astonished him the most were not the voters flipping through the electoral programs of political parties and politicians, nor public discussions about federal spending.
It was the ability of American people to shape and form associations, clubs, and societies to solve any problem they faced. He admired the people who did not wait for the help of politicians, but joined forces and dealt with a problem using local knowledge of particular place and time.
At the beginning of the 20th century, practically every American was a member of several associations which dealt with everything ranging from entertainment, addiction struggles, insurance provision, charity, retirement or local infrastructure.
When the Statue of Liberty came from France to New York at the end of the 19th century, it was necessary to build a pedestal for it. Then Governor Theodore Roosevelt (not to be confused with Franklin D. Roosevelt) refused to finance it from public resources. So the US residents basically crowdfunded the money to build that base. That seems unimaginable today.
https://fee.org/articles/crowdfunding-can-solve-more-problems-than-social-scientists/
We can't expect to create a civil society using the mechanisms which have contributed to its diminution.
Democracy works best alongside civil society. However, civil society is built by solving local issues without relying on the remote hands of politicians and democracy. It may sound like a paradox, but in reality, the expansion of so-called civil society requires neither politicians or more elections, nor longer electoral programs.
Life in a Civil Society
When French philosopher de Tocqueville travelled around America in the 19th century, he was amazed by the civil society there in comparison with France. What astonished him the most were not the voters flipping through the electoral programs of political parties and politicians, nor public discussions about federal spending.
It was the ability of American people to shape and form associations, clubs, and societies to solve any problem they faced. He admired the people who did not wait for the help of politicians, but joined forces and dealt with a problem using local knowledge of particular place and time.
At the beginning of the 20th century, practically every American was a member of several associations which dealt with everything ranging from entertainment, addiction struggles, insurance provision, charity, retirement or local infrastructure.
When the Statue of Liberty came from France to New York at the end of the 19th century, it was necessary to build a pedestal for it. Then Governor Theodore Roosevelt (not to be confused with Franklin D. Roosevelt) refused to finance it from public resources. So the US residents basically crowdfunded the money to build that base. That seems unimaginable today.
https://fee.org/articles/crowdfunding-can-solve-more-problems-than-social-scientists/
Bruddah IZ
DA
The sharing economy creates special “virtual clubs” that make it possible to spread benefits of small communities to a large, open society.
Crowdfunding facilitates connection of people to solve their local problems. If your local park is decaying, your neighborhood is exposed to increasing crime, or public lighting is shut down due t local government’s fiscal problems, with a crowdfunding platform you can put together the necessary funds to solve the problems by your own citizen’s initiative, without having to attend a Government meeting and revise the budget.
People are hardly excited about distant and abstract ideas, such as participation in the democratic process, or involvement in a “public discussion”. It is much easier to get them involved in action that is happening around them and to trust people when they see a direct improvement in their own situation. The Internet brings these possibilities and new “social technologies” like sharing economy and crowdfunding. This can be one of the ways that we restore - or create - our civil society.
Crowdfunding facilitates connection of people to solve their local problems. If your local park is decaying, your neighborhood is exposed to increasing crime, or public lighting is shut down due t local government’s fiscal problems, with a crowdfunding platform you can put together the necessary funds to solve the problems by your own citizen’s initiative, without having to attend a Government meeting and revise the budget.
People are hardly excited about distant and abstract ideas, such as participation in the democratic process, or involvement in a “public discussion”. It is much easier to get them involved in action that is happening around them and to trust people when they see a direct improvement in their own situation. The Internet brings these possibilities and new “social technologies” like sharing economy and crowdfunding. This can be one of the ways that we restore - or create - our civil society.
Quack quack quack....
Mueller is a Republican. Did you not know that? You can research it!
Money is money, genius. If there were too much out there, we’d have inflation...do you understand how that works? So because so much uninflated money is in the hands of people and conpanies, corporate and individual wealth and purchasing power are greater than ever. Did you not know that? Look it up.
Hüsker Dü
DA
If you hadn't noticed he clings to the specific terminology and outline he has been fed . . . stray to far from the strict narrative and he risks exposure.
He reads weird things and he doesn’t have any common sense about money or how it works. “Psycho Loop Boy.”
Bruddah IZ
DA
As an economic term, “inflation” is shorthand for “inflation of the money supply.”
The general public, however, usually takes it to mean “rising prices” which is not surprising since one of the common effects of an increase in the money supply is higher prices. However, supporters of government policy often say, “If quantitative easing (QE) and its terrible twin, fractional reserve banking, are so awful, why have we got no inflation?”
To address this conundrum, there are six related factors that are noteworthy:
https://mises.org/blog/six-things-consider-about-inflation
Bruddah IZ
DA
Number One: we need to be clear about the terms we are using. Instead of talking about “inflation” in the loose sense, as above, it is more accurate to speak of currency debasement, which is the real impact of fiat money creation by any means. We experience currency debasement as declining purchasing power. Two sides of the same coin: one reflects the other.
Number Two: the above question overlooks the fact that the measures used in this process are inherently unreliable. The decline in purchasing power is most evident when objectively measured by reference to an essential commodity such as oil — rather than against the Consumer Price Index (CPI). The CPI purports to reflect the prices of ingredients selected by government statisticians in what they consider to be a typical, but notional, basket of “consumer goods and services.” This basket, whose contents are varied periodically, results in an index that cannot be trusted as an objective barometer. It supports the wizardry of non-independent Treasury statisticians, and relates to goods that scarcely feature in your shopping basket or mine.
Blowing Bubbles
Number Three: newly created fiat money must go somewhere — and so it goes into the grasp of its first receivers, the banks, the financial institutions, government institutions, and urban moneyed classes who least need it — widening the gap between rich and poor — and thereby building asset bubbles in property, luxury cars, yachts and the myriad baubles that only the very rich can afford to acquire. So never say that “there is no price inflation” — it’s just that those asset prices don’t figure in the official CPI stats.
Number Four: The European Central Bank (ECB) is no slouch when it comes to money creation out of thin air, and banks within the euro zone have therefore come to rely on it for survival. The solvency of Southern EU countries is dependent on the promise of limitless — thanks to Mario “Whatever it takes” Draghi — fiat money bailouts from the ECB. But, until the next bailout arrives, governments of Europe will do their coercive best to prop up their insolvent banks by any means, fair or foul. In Italy, for example, the government has now “invited” the country’s pension funds to invest 500 million euros in a bank fund called “Atlante,” which has been formally set up as a buyer of last resort to help Italian lenders (whose bad debts equate to a fifth of GDP) reduce their toxic burden. Having run out of other people’s money the Italian government is now trying to raid the nation’s pension funds.
Number Five: In the same vein, you have no doubt heard reference to “helicopter money.” This is a variant of QE favored by certain politicians who talk blithely about the need for “QE for the people.” The idea is to by-pass the treasury mandarins by dropping newly printed money directly to the people via government spending, so that they (rather than the already-rich classes) can benefit from the bonanza and aid the economy by spending their new-found wealth. Again, this notion commits the fundamental error of equating “money” and “wealth.” If everyone suddenly finds that free handouts have swelled their bank accounts, how long will it be before prices follow? (And since even helicopter money originates at the central bank, you can be sure that the financial sector will somehow get its hands on it first anyway!)
Number Six: the final point concerns the corrosive effect of the deliberate and utterly misguided suppression of interest rates which, if they were allowed to find their own market level, would represent the time-value of money, or what the private sector is prepared to pay for liquidity — either for spending now or saving for future spending.
Number Two: the above question overlooks the fact that the measures used in this process are inherently unreliable. The decline in purchasing power is most evident when objectively measured by reference to an essential commodity such as oil — rather than against the Consumer Price Index (CPI). The CPI purports to reflect the prices of ingredients selected by government statisticians in what they consider to be a typical, but notional, basket of “consumer goods and services.” This basket, whose contents are varied periodically, results in an index that cannot be trusted as an objective barometer. It supports the wizardry of non-independent Treasury statisticians, and relates to goods that scarcely feature in your shopping basket or mine.
Blowing Bubbles
Number Three: newly created fiat money must go somewhere — and so it goes into the grasp of its first receivers, the banks, the financial institutions, government institutions, and urban moneyed classes who least need it — widening the gap between rich and poor — and thereby building asset bubbles in property, luxury cars, yachts and the myriad baubles that only the very rich can afford to acquire. So never say that “there is no price inflation” — it’s just that those asset prices don’t figure in the official CPI stats.
Number Four: The European Central Bank (ECB) is no slouch when it comes to money creation out of thin air, and banks within the euro zone have therefore come to rely on it for survival. The solvency of Southern EU countries is dependent on the promise of limitless — thanks to Mario “Whatever it takes” Draghi — fiat money bailouts from the ECB. But, until the next bailout arrives, governments of Europe will do their coercive best to prop up their insolvent banks by any means, fair or foul. In Italy, for example, the government has now “invited” the country’s pension funds to invest 500 million euros in a bank fund called “Atlante,” which has been formally set up as a buyer of last resort to help Italian lenders (whose bad debts equate to a fifth of GDP) reduce their toxic burden. Having run out of other people’s money the Italian government is now trying to raid the nation’s pension funds.
Number Five: In the same vein, you have no doubt heard reference to “helicopter money.” This is a variant of QE favored by certain politicians who talk blithely about the need for “QE for the people.” The idea is to by-pass the treasury mandarins by dropping newly printed money directly to the people via government spending, so that they (rather than the already-rich classes) can benefit from the bonanza and aid the economy by spending their new-found wealth. Again, this notion commits the fundamental error of equating “money” and “wealth.” If everyone suddenly finds that free handouts have swelled their bank accounts, how long will it be before prices follow? (And since even helicopter money originates at the central bank, you can be sure that the financial sector will somehow get its hands on it first anyway!)
Number Six: the final point concerns the corrosive effect of the deliberate and utterly misguided suppression of interest rates which, if they were allowed to find their own market level, would represent the time-value of money, or what the private sector is prepared to pay for liquidity — either for spending now or saving for future spending.
Bruddah IZ
DA
I've noticed that you haven't noticed that he's noticed. Neither have comprehended but, you both notice.