Who will be better at getting America out of debt, Trump or Hillary?

ttystikk

ttystikk

Well-Known Member
twostrokenut said:
I am hinting at choice and competition in currency. One may be used as a reserve and may be used to pay interest on The Debt, the other may not. One may be redeemed, the other may not, as it IS the redemption. Interestingly, if you choose the other, the Redemption is just that; a removal of Obligation. Redeem a dollar, a dollar comes off the debt. One can be inflated, the other can not.

I am not talking about gold standard, if that's where you're going, too far gone for that now.

I think people should have a choice and be aware there is a choice.
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Nothing you've said in this thread makes one iota of sense at all.

It doesn't square with the finance educations the elite get, nor with any other economic models that actually describe useful or important phenomena in the economy. It's not GAAP, or recognized by the IRS.

In other words, I have to agree with @UncleBuck 's assessment that you're a woefully misinformed soul living at the edge of a great economic world of activities you simply don't understand.
 
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NLXSK1

NLXSK1

Well-Known Member
Padawanbater2 said:
Because poor people spend 100% of their money, rich people spend a much smaller percentage of their money, so if you only have a tax on spending, poor people would be taxed on 100% of their income while rich people would only be taxed on the percentage of their income that they spent, which is why it would be regressive
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Rich people invest their extra income which is then loaned out and spent by other people or used to grow businesses. Money doesnt just sit anywhere, it loses value that way.

If poor people spend 100% of their money how are they ever not going to be poor?

Is there anything between dirt poor and filthy rich in your mind? If the government didnt artificially keep interest rates low for the better part of a decade maybe some of those poor people that saved their money wouldnt be poor.
 
srh88

srh88

Well-Known Member
NLXSK1 said:
Rich people invest their extra income which is then loaned out and spent by other people or used to grow businesses. Money doesnt just sit anywhere, it loses value that way.

If poor people spend 100% of their money how are they ever not going to be poor?

Is there anything between dirt poor and filthy rich in your mind? If the government didnt artificially keep interest rates low for the better part of a decade maybe some of those poor people that saved their money wouldnt be poor.
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I heard you had to take out a loan just to afford ramen noodles.. is it true?
 
twostrokenut

twostrokenut

Well-Known Member
ttystikk said:
Nothing you've said in this thread makes one iota of sense at all.

It doesn't square with the finance educations the elite get, nor with any other economic models that actually describe useful or important phenomena in the economy. It's not GAAP, or recognized by the IRS.

In other words, I have to agree with @UncleBuck 's assessment that you're a woefully misinformed soul living at the edge of a great economic world of activities you simply don't understand.
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Well you can keep reading theories and struggling against the class warfare like a good little puppet. Meanwhile I will keep redeeming my notes that I am Lawfully allowed to redeem. The banks fucking hate it. Good luck with generally accepted accounting principles and the IRS as your authority over elastic currency. I will stick to actual Law.
 
twostrokenut

twostrokenut

Well-Known Member
UncleBuck said:
maybe they are just tired of the guy who won't stop talking about birther conspiracies and heil hitler tattoos?
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Ya sure UncleBunk, that's why I had a private meeting with the legal dept. and they didn't just tell me to fuck off. Banks are just extensions of The Fed. The Fed is just the final check clearinghouse. Put you shill head back in the sand please and delete your meaningless account.
 
UncleBuck

UncleBuck

Well-Known Member
twostrokenut said:
Ya sure UncleBunk, that's why I had a private meeting with the legal dept. and they didn't just tell me to fuck off. Banks are just extensions of The Fed. The Fed is just the final check clearinghouse. Put you shill head back in the sand please and delete your meaningless account.
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make 17 more posts and on average you will get 1 more like.
 
ttystikk

ttystikk

Well-Known Member
twostrokenut said:
Well you can keep reading theories and struggling against the class warfare like a good little puppet. Meanwhile I will keep redeeming my notes that I am Lawfully allowed to redeem. The banks fucking hate it. Good luck with generally accepted accounting principles and the IRS as your authority over elastic currency. I will stick to actual Law.
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Ok I'll bite; when you 'redeem' your notes, what do you actually get in return, after said wrangling with their legal departments?
 
twostrokenut

twostrokenut

Well-Known Member
UncleBuck said:
i guarantee they hold it for reserve and laugh at you after you walk out of there.

you are the guy who ruins everyone's day every time they see you walk in.
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That's between them and the comptroller. My accounting is documented. The vault teller is super cool. She orders me shit all the time and saves anything unusual for me week by week.

Good luck not having a clue what you're talking about though, its really working out for you.
 
ttystikk

ttystikk

Well-Known Member
twostrokenut said:
That's between them and the comptroller. My accounting is documented. The vault teller is super cool. She orders me shit all the time and saves anything unusual for me week by week.

Good luck not having a clue what you're talking about though, its really working out for you.
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Exactly what is she ordering for you?
 
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