Diddy X
Member
That's how capitalism works, I agree it's time to terminate it, it had its time and thanks to it we made great fast progress, with the technology we have now it's time for a new better fairer system.
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Fed to Inject $1.5 Trillion in Bid to Prevent ‘Unusual Disruptions’ in Markets
- Thread starter Trojita
- Start date
That's how capitalism works, I agree it's time to terminate it, it had its time and thanks to it we made great fast progress, with the technology we have now it's time for a new better fairer system.
off duty ninja
Member
Thankfully they will disperse it in a way to keep it out of our filthy peasant hands
Remake or Remaster?
Last edited:
deriks
4-Time GIF/Meme God
Graphics are high even for this day, so a remaster could work, but since this is a new team, they want to show off
Sub_Level
wants to fuck an Asian grill.
(1) Barter - Mutually beneficial trade of goods & services. Lacks consistency and sophistication.
(2) Coin - A physical, finite, financial medium given value by a society's common acceptance of it as a bargaining chip for goods & services.
(3) Paper - Legal tender given value by government insuring its, made to replace unwieldy, less flexible coins. No practical physical finite amount, but economically disadvantageous to make too much.
(4) Credit - A digital representation of monetary value, increasingly represented by alternative virtual currencies that exist outside governments. Supremely convenient, but susceptible to new forms of theft and tampering.
Stage 5 for our species is no money. We're still a ways from that.
off duty ninja
Member
Where we jumped the shark was between steps 1 and 2. IMO
Melon Husk
Member
A speedrun
poppabk
Cheeks Spread for Digital Only Future
infinitys_7th
Member
$1.5 trillion once a decade to prevent the country from collapse or $3 trillion a year to fix a problem for a relatively small number of Americans.
Lol 150 million isn't a small number.
infinitys_7th
Member
What 150 million are not insured? Almost half the country is already on Medicare or Medicaid or state implementations of Medicaid.
RiccochetJ
Gold Member
Christ, it's like some of you don't realize that the majority of America is made up of small businesses where even a couple months of no business could cause them to close and in turn lay off all their employees.
These aren't billionaires lighting cigars with hundred dollar bills. They're the ones who have a fairly successful business that they took the chance to start up all their own and pay themselves 65k a year on a good year. They take less when it isn't. But they sure as hell pay their employees what was negotiated.
Fuckwads.
These aren't billionaires lighting cigars with hundred dollar bills. They're the ones who have a fairly successful business that they took the chance to start up all their own and pay themselves 65k a year on a good year. They take less when it isn't. But they sure as hell pay their employees what was negotiated.
Fuckwads.
If that is the real number then we should just go to single payer.
Starlight Lotice
Member
They need to let the Market Crash a little as the Economy won't start running until the Virus is either contained or most people are immune to it.
Inflation without anything to back it up will only collapse further.
Things start to right themselves if they use a little of their GDP to kickstart the Economy after the Virus isn't as contagious. Injecting huge cash is a dangerous idea.
Inflation without anything to back it up will only collapse further.
Things start to right themselves if they use a little of their GDP to kickstart the Economy after the Virus isn't as contagious. Injecting huge cash is a dangerous idea.
infinitys_7th
Member
Why? Right now everyone benefits from the faster and better service of private healthcare.
And Medicare is not even directly paid for - people put money into it for decades just like Social Security, losing a lot of its value in the process. The return is tiny unless people go into a nursing home.
synchronicity
Member
The flaws of an ethereal currency in a greed-based system is that things are going to be prone to over-inflation and collapse. The current triggers are only meaningful in that they *are* the current triggers. It would have been something else sooner or later.
Rentahamster
Rodent Whores
As long as we have individuals who have their own subjective valuations needing to effectively distribute and trade goods and services derived from scarce resources, money will always have a role.
Until we reach post-scarcity, there's no escaping economics and game theory.
Super Mario
Banned
The only thing worse than this move is the opinion that we found all of this money that could have been free health care for all
It's not faster, nor better.