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Bored now Leafing

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Everything posted by Bored now Leafing

  1. It's not stealing lots of expensive cars it's grand theft auto. Kinda a boring game after the first 5 mins.
  2. Well when you steal from the rich and get away with it you tend to become the rich yourselves but given that you have all the guns you get to be exempt from the rules. So i would say that would be Socialism.
  3. your essay is incomplete you failed to classify what your definition of better is.
  4. elsuper is correct i was not suggesting taxes cause inflation pardon me for my lack of clarity they generally cause deflation IF the government spends less then what is taken in taxes of course that would mean that debts are being paid off and further printing of money is slowing or stopping entirely. First just to point this out rich is a vague term that very often ends up encompassing even people who got there wealth properly (making product or service people want/need) and without government power yes these people are real, thus i dislike things that group a wide range of people because the result is always that innocent folks get caught up in it and it just turns into demonetization sorta like how in the Marxist mind set of having workers and capitalists if you actually look at how things work in real life many workers become capitalists (to use the Marxist terminology) for no other reason then they saved up there own money and used it to start a business and hired some people. A fair bit of the inflation America is seeing now is an effect of the wars that never seem to end, at both the start (bomb makers) and the stop (bomb victims) wealth is lost but as government needs thous bombs to continue it will continue to tax, borrow, and print, so that more bombs will be made more people will die and more wealth is lost. Wealth in the above context is both the stuff that makes life better and people, i consider people to have the ability to be the greatest form of wealth that there is but only if they are not wrecked mentally or physically. Welfare while it is even at it's worst less inflationary then war is still inflationary because people who are not creating new wealth are given money and sometimes they create a little bit of wealth that is not recorded in the economic numbers but it is often far lower then the normal rate because welfare creates an underclass of people, some who can't, some who won't, and some who lost or never learned how to work of course this underclass then ends up needing that welfare because that is how they end up growing up, some of the worst poverty in the world is a result of the culture of hard work not being discovered or being discouraged (why work when they take it all/i do not need to work they will do it for me) funny thing about welfare is it isn't just the poor that get it and it isn't just the poor that get hurt by it, seems to be relegated to the very politically connected (thous who get rich using political favors) and the very poor (thous who the politician buy the vote of) as a result thous in the middle, the people who work the hardest and cheat the least get crushed by the infinite want that is normally suppressed when the person has to work to get there own wants filled, welfare combined with the power of central banking turns this engine of innovation (the unlimited want of humanity) into a weapon with the power to smash civilization. To say something directly about the topic of this thread do i will now. Minimum wage is a price cap that this is not seen or is actively over looked i am not sure as far as this thread goes, i had thought that it was already understood far and wide that price controls and caps do not work and only increase poverty. The effect of minimum wage is only thus. When the wealth of a nation is growing this will only keep the less favored groups of people out of jobs and slows or even reverses cultural integration. In times of declining wealth it will starve a nation of what it needs most that is of course new untrained/unskilled workers who will make that nations wealth tomorrow. And of course a bump in inflation depending on how high the minimum.
  5. Inflation in the present central banking economy is caused by government spending. The 3 ways that governments gain the use of resources that it did not produce. Taxes All by it's self this one is really limiting to government power because when you tax people they feel it and will most of the time reduce how many resources they produce as this goes higher the thought goes "if it is all going to be taken (or a significant amount) why should i bother making more then what i need to get by?". Borrow Combined with Taxes this one allows government to use more resources with less pull back that normally comes with over taxing often allowing things like war to go far longer then they should but even this has the limit of thous who are willing to lend, of course when the bill comes due then Taxes go way up or the government gun is turned on the lender, the result of both is loss in economic power by the people at large or by thous willing to lend in hopes of a return, the effect of course being that it becomes harder to get more out of the people or it becomes harder to get a loan next time depending on who the gun of government is turned on. (if there is a debt it means someone has not gotten paid for there contribution) Printing This one combined with the first two allows for a time of almost unlimited government power but with a much larger penalty when that time ends. The ability of a central banking institution to control the supply of money allows government to place the burden of all it's failures onto the backs of the general public in the form of inflation. Government does not need to employ heavy taxes in order to gain control of a significant portion of the resources within the nation and suffer the pull back that it always results in, it can borrow without the need to turn the government gun on the lender, all it has to do is inflate the money supply. If a person without the government ability to counterfeit money wants to corner the market on any particular thing they will have a very hard time doing it no matter how much money they started out with because as supply and demand dictate the more of anything that is taken out of supply the higher the price becomes. But when government and the central bank counterfeiting does the same thing they can just print more money as the price goes higher but without the element that the person not backed by government counterfeiting got there money by first supplying something that somebody wanted. The effect overtime of government taking resources with printed money instead of earned money (money made by first providing a product or service that people want) is inflation. Now if this is all slightly off center from the topic then my apologies but i felt the need to share this and for all you who think you can decided when someone else is being exploited this video is for you.
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