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|    alt.buddha.short.fat.guy    |    Uhhh not sure, something about Buddhism    |    155,846 messages    |
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|    Message 154,163 of 155,846    |
|    dart200 to Dude    |
|    Re: would banning usury cause our econom    |
|    13 Jan 26 21:18:05    |
      From: user7160@newsgrouper.org.invalid              On 1/13/26 7:40 PM, Dude wrote:       > On 1/12/2026 5:35 PM, dart200 wrote:       >> On 1/12/26 4:18 PM, vjp2.at@at.BioStrategist.dot.dot.com wrote:       >>> *+->> consumer spending is supposed to be the fucking bedrock       >>> guidance of the       >>>       >>> COnsumption is the most heavily weighted Keynesian econometric       >>> variable, true       >>>       >>> But if you want to grow an economy, you want folks to invest (not       >>> even save,       >>> but invest - ie if you are keeping money aside, you are not building       >>> factories)       >>>       >>> Consumption is not necessarily productive       >>       >> spending for consuming is not keep money aside, it's literally       >> investing back into those who produced what ur consuming ... without       >> any expectation of further profiting off it later. cutting taxes on       >> the rich is actually birdbrained economics.       >>       >> tax the fuck out of the rich, literally just give it to the poor, so       >> they drive the bus in ways that actually help people.       > >       > That's easy for you to say, you've got no skin in the game.              right cause having a lot of skin in game requires me to act like a       psychopath, and i'm just not unfortunately              >       > The main flaw in your logic is you negate the principle that everyone       > should be equal under the law, including taxation on income.              rich people are vastly more "equal" under the law than the poor, give me       a break              >       > In fact, wealthy people give the most to charity and pay the majority of       > the US income tax.              wealthy people have the most, yes ...              >       > Arguments against increasing taxes on the rich center primarily on       > negative economic impacts, such as disincentivizing investment and              wrong              > innovation. And, the risk of capital flight, as pointed out by Wilson.              maybe              >       > Plus, the logistical difficulty of implementation would be practically       > impossible.              i refuse to let rich people just dictate what is possible dud              > >       >       >> the systems that actually help them will have no problems surviving       >> even when personal profits are heavily taxed.       >>       >>>       >>> In that regard, GDP, which measures constant transactional churning,       >>> is also       >>> not really productive. If you compare to physics, the Lagrangian       >>> Energy is       >>> really Wealth in price-quantity phase-space. GDP is like putting an       >>> odometer       >>> on everything that moves, living or not, and adding it all up.       >>       >> i'm fully aware economic measures are mostly just story telling used       >> to keep sheeple buying into the system       >>       >> we, for example, never did anyone any real service by taking women out       >> of the homemaking/child raising roles and putting them in the work       >> force instead. paying a nanny who doesn't have the same existential       >> stake in the child so mom can play whoever the fuck moron executive is       >> cheating the child regardless of how much the gdp went up with the       >> change.       >>       >> the goal of the economic system is not capture and package all our       >> time into transactional relationships. it's a real shit way to run a       >> society, and i'm still not entire sure we'll survive the act of doing       >> so given the drooling idiocracy that it promotes to the top that       >> *still* hasn't acknowledged just how deep a grave we're *still*       >> digging in regards to ecological mismanagement.       >>       >>>       >>> Add to the fact that since the 1980s money supply is harder to measure       >>> (Wenninger 1987 Partland 1992) and now not even velocity is       >>> determinate, you       >>> can see that all this technology is changing economics. Yes, the       >>> quantity       >>> theory of money (by COpernicus not Fischer or Friedman) is still       >>> true, but we       >>> can't really measure it. Economics is also becoming more       >>> frictionless. THe       >>> old rules will win out, but there are some details we are losing       >>> control of.       >>>       >>       >> but actually we need to transcend currency based economics. optimizing       >> for random-ass number go up does not capture true value generation.       >>       >> we just hope it does       >>       > Return to the gold standard and stop printing money to pay the interest       > on the national debt. Gold is real - you either have it, or you don't.                     --       hi, i'm nick! let's end war 🙃              --- SoupGate-Win32 v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
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