Socialist solution to inflation.

1920s Germany was the extreme example of inflation.

One month a thousand marks would buy a loaf of bread. Soon ten thousand wasn't enough, then one hundred thousand, a million, ten million, a hundred million, a thousand million. They even produced banknotes for a European Billion = US trillion.

The money of a few weeks earlier was valueless.
 
1920s Germany was the extreme example of inflation.

One month a thousand marks would buy a loaf of bread. Soon ten thousand wasn't enough, then one hundred thousand, a million, ten million, a hundred million, a thousand million. They even produced banknotes for a European Billion = US trillion.

The money of a few weeks earlier was valueless.

I bought one of those German Marks at a coin shop. After a certain point, the government stopped printing on both sides of the paper. I also bought a 100 trillion Zimbabwe note for 7 bucks.

The US should watch out since I could count the fiscally conservative politicians on one hand.
 
Socialist solution to deflation: give everyone a pump.
Socialist solution to inflation: give everyone an icepick.

Capitalist solution to financial deflation: raise prices.
Capitalist solution to financial inflation: raise prices.

See the difference?
 
Progressive solution to inflation: Just wipe out your debt. It's just a bookkeeping gimmick.
 
If interest rates increase in Europe in the next coupla years Italy will look for another solution. They will effectively declare bankruptcy, walk away from the Euro, issue new lira and suddenly Brexit to the EU will seem like a non event.

The most likely driver of EU interest rates will be increased interest rates in the USA.
The absurd levels of National debt in Southern Europe are gunna come home to roost, it's just a matter of time.
 
That's one way to do austerity I suppose. Saving ink at the money press.
 
Socialist solution to deflation: give everyone a pump.
Socialist solution to inflation: give everyone an icepick.

Capitalist solution to financial deflation: raise prices.
Capitalist solution to financial inflation: raise prices.

See the difference?

Sure do!

Capitalists try to control the market pricing with consumer pricing methods and protections.

Socialists try to control the market pricing by giving out weapons people can use to steal stuff from their neighbors.
 
Progressive solution to inflation: Just wipe out your debt. It's just a bookkeeping gimmick.

How about they just do what we did when we played games as kids

"Do over!"

Sure do!

Capitalists try to control the market pricing with consumer pricing methods and protections.

Socialists try to control the market pricing by giving out weapons people can use to steal stuff from their neighbors.

Fuckin' god damned Socialists! Trying to just wipe away what they owe! No self respecting Capitalist would do that....oh wait.....my bad!

Why Donald Trump's Companies Went Bankrupt

Trump’s companies have filed for Chapter 11 bankruptcy protection, which means a company can remain in business while wiping away many of its debts...



But, but, but that ain't the same thing!!! Is it?



Comshaw
 
Capitalists try to control the market pricing with consumer pricing methods and protections.
Don't forget insider trading, collusion, price-fixing and -undercutting, bribery, financial fraud, bankruptcies and bailouts, cartelization and monopoly, misuse of personal data, union suppression, and fucking lying through their teeth.

Socialists try to control the market pricing by giving out weapons people can use to steal stuff from their neighbors.
Only Uncle Sam 'gave' me any weapons, and I had to give those back. All others, I had to buy myself, or inherit. I never got around to using them for armed robbery. Wouldn't have been prudent. Robbery is so gauche. ID theft is cleaner.

And USA capitalists, selling personal firearms cheap, are effectively 'giving' weapons to the populace, who then buy lots of expensive ammo. It's like Gillette's founder, giving away razors and profiting by selling blades. I've not noticed Socialist states arming their citizenry for free. Who did I miss?
_____

Enough gun stuff. The solution to inflation is: no deficit budgets, no massive borrowing -- pay as you go. Gups are now the party of inflation. A gov't resorts to deficit spending to stimulate an economy. But pump-priming an already hot economy? Duh! More inflation.

A distinction: Tax-and-spend liberals want things paid for by us, now. Borrow-and-spend conservatives want things paid for, with interest, by taxing our kids and grandkids, later. Which approach is more prudent?
 
Don't forget insider trading, collusion, price-fixing and -undercutting, bribery, financial fraud, bankruptcies and bailouts, cartelization and monopoly, misuse of personal data, union suppression, and fucking lying through their teeth.


Only Uncle Sam 'gave' me any weapons, and I had to give those back. All others, I had to buy myself, or inherit. I never got around to using them for armed robbery. Wouldn't have been prudent. Robbery is so gauche. ID theft is cleaner.

And USA capitalists, selling personal firearms cheap, are effectively 'giving' weapons to the populace, who then buy lots of expensive ammo. It's like Gillette's founder, giving away razors and profiting by selling blades. I've not noticed Socialist states arming their citizenry for free. Who did I miss?
_____

Enough gun stuff. The solution to inflation is: no deficit budgets, no massive borrowing -- pay as you go. Gups are now the party of inflation. A gov't resorts to deficit spending to stimulate an economy. But pump-priming an already hot economy? Duh! More inflation.

A distinction: Tax-and-spend liberals want things paid for by us, now. Borrow-and-spend conservatives want things paid for, with interest, by taxing our kids and grandkids, later. Which approach is more prudent?

This would make sense. If it made any sense at all.

GOVERNMENT doesn't do "insider trading" or any of the other things you mentioned. So when a socialist GOVERNMENT decides to lop off a few zeros in order to "control the market" that's not the same thing.

And, when a capitalist government allows it's people to engage in free enterprise, if A FEW of those who do so commit crimes, they get caught and punished for it. Painting the rest of the populace OR the GOVERNMENT with that broad brush shows how limited your financial scope is.

Your weapons analogy sucks and it's not even coherent.

Your inability to distinguish between Socialists in Venezuela and the current US economy also shows how dumb you are. But hey, just go on thinking that the 20 trillion debt is because of the new Republican budget.
 
Liberals have infinite WANTS, and have no fucking clue what our NEEDS are. But then, to them, you can never tax the people enough anyway.
 
Liberals have infinite WANTS, and have no fucking clue what our NEEDS are. But then, to them, you can never tax the people enough anyway.

You just tried to convince us that you're going to buy a gazillion dollar rare airplane. STFU with "wants and needs", lying dummy.
 
Socialism is when the government takes from the people whatever it WANTS to, so much so they can no longer cover their NEEDS without government assistance. Freedom is when you can supply your own needs, with enough left over to take care of your own WANTS, and the freedom to supply the government with the minimum of taxes it needs to supply essential, not extreme services. Entitlements kill both personal initiative AND freedom of choice.
 
Coach binky is doubling down on the stupid again.:)
I blame Nescafé, cheap packets of artificial sweetener and creamer, bottom-shelf vodka, and Ex-Lax. And Kim-sucking treason. It's time to surrender to justice.
 
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