Growth comes from a lot more than deficient spending. Companies absolutely need credit to grow. The creates stability and on extreme circumstances liquidity. Credit liquidity is the basis of any modern economy. When it locks up you have another Great Depression on your hands. But yes let’s go against all the actual data and move back to an outdated and poor standard for our economy because as far as you can tell it’s good...
It's not so much going against the data, moreso spurning the thing the data points to. Infinite imaginary credit allowing unrestricted spending (=unrestricted taxation), near-total subjugation to lenders and enormous dependence on international markets is not a desirable thing to me. Business can grow fine with real credit as long as the rest of our policies are actually aiming for that.
Plus we had a gold standard for the rest of our history, the Great Depression only happened after geniuses got it in their heads one decade that they should start running their entire lives on credit and speculation.
Ok I get you have no idea how modern economies run and why the world has been so prosperous in the past 50 ish years. Listen I’m not going to argue with you because you’re going to spout nonsense like the data supports your idea when it doesn’t. I get it you FEEEEEELLLL like you’re right. I guess I should go tell the forex desk at the fund I work at to just stop trading guys, idindunuffin said it just fake. Lol get real maybe actually read some actual books on the subject.
I'm not even disputing that your model made the world more prosperous. I'm telling you I don't give a fuck about the world, I care about the long-term health and independence of my nation. You don't even try denying how much of that your "modern" economy's destroyed in the last 50 years because you know you can't.
The great thing about economics btw is there's no such thing as "outdated" or "modern" numbers. Just outdated and modern cultures... AKA degenerate and crumbling and brainwashed cultures that obsessively consume worthless shit instead of building for their future.
It also made the US more prosperous. On the gold standard we would be a lot less competitive. And yes I do say it has not destroyed our economy. You keep bringing up “issues” which I’ve explained actually help the US and now you’re relegated to calling floating currencies “degenerate” and talking about culture because the numbers don’t work in you favor. Lol dude I get it you don’t understand economics, you and AOC would be a match made in heaven in terms of economic knowledge
Growth comes from a lot more than deficient spending. Companies absolutely need credit to grow. The creates stability and on extreme circumstances liquidity. Credit liquidity is the basis of any modern economy. When it locks up you have another Great Depression on your hands. But yes let’s go against all the actual data and move back to an outdated and poor standard for our economy because as far as you can tell it’s good...
It's not so much going against the data, moreso spurning the thing the data points to. Infinite imaginary credit allowing unrestricted spending (=unrestricted taxation), near-total subjugation to lenders and enormous dependence on international markets is not a desirable thing to me. Business can grow fine with real credit as long as the rest of our policies are actually aiming for that.
Plus we had a gold standard for the rest of our history, the Great Depression only happened after geniuses got it in their heads one decade that they should start running their entire lives on credit and speculation.
Ok I get you have no idea how modern economies run and why the world has been so prosperous in the past 50 ish years. Listen I’m not going to argue with you because you’re going to spout nonsense like the data supports your idea when it doesn’t. I get it you FEEEEEELLLL like you’re right. I guess I should go tell the forex desk at the fund I work at to just stop trading guys, idindunuffin said it just fake. Lol get real maybe actually read some actual books on the subject.
I'm not even disputing that your model made the world more prosperous. I'm telling you I don't give a fuck about the world, I care about the long-term health and independence of my nation. You don't even try denying how much of that your "modern" economy's destroyed in the last 50 years because you know you can't.
The great thing about economics btw is there's no such thing as "outdated" or "modern" numbers. Just outdated and modern cultures... AKA degenerate and crumbling and brainwashed cultures that obsessively consume worthless shit instead of building for their future.
It also made the US more prosperous. On the gold standard we would be a lot less competitive. And yes I do say it has not destroyed our economy. You keep bringing up “issues” which I’ve explained actually help the US and now you’re relegated to calling floating currencies “degenerate” and talking about culture because the numbers don’t work in you favor. Lol dude I get it you don’t understand economics, you and AOC would be a match made in heaven in terms of economic knowledge