How is new money created you ask? It's the story of IOUs.

Discussion in 'Economics & Trade' started by Kode, Jul 14, 2017.

  1. Kode

    Kode Well-Known Member

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    Why are you afraid to think for yourself?
     
  2. james M

    james M Banned

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    translation: as a typical liberal I have no example of what I'm talking about but somebody told me it was true so I'll keep repeating it because it fits my prejudices.
     
  3. Woolley

    Woolley Well-Known Member

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    Like I said, critical thinking is tough for some folks. The only way anyone would trade places with desperately poor uneducated immigrants without hope, money, education or advanced skills is if they are in the same boat. The law of supply and demand you mentioned should be put to a test soon now that Trump is deporting all the immigrants. Get ready to hear about rotten crops. Or expect to pay a lot more for everything, take your pick.
     
  4. james M

    james M Banned

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    Are you opposed to Americans getting higher pay for being farmworkers or do you want to keep putting more and more Americans on welfare?
     
    Last edited: Jul 23, 2017
  5. bringiton

    bringiton Well-Known Member

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    The economic ignoramus, you mean.
     
  6. james M

    james M Banned

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    if he's a liberal he's an economic ignoramus
     
  7. james M

    james M Banned

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    yes wages will be going up and the inequality Democrats oppose so much will be declining thanks to Trump.
     

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