Printing Money For UBI

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Martin Hash
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Re: Printing Money For UBI

Post by Martin Hash » Mon May 07, 2018 11:46 am

DBTrek wrote:How is the situation helped by speed-printing money and distributing it among the citizens for doing nothing?
Right now, all the money printing enriches The 1%. All the ways to use the same technique to enrich the 99% are being called "pork" and "tax loopholes." The Rich are NOT magical, nor "job creators," nor "investors." They are the ultimate free-riders on society.
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DBTrek
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Re: Printing Money For UBI

Post by DBTrek » Mon May 07, 2018 11:59 am

Martin Hash wrote: Right now, all the money printing enriches The 1%. All the ways to use the same technique to enrich the 99% are being called "pork" and "tax loopholes." The Rich are NOT magical, nor "job creators," nor "investors." They are the ultimate free-riders on society.
I don’t understand how people can argue that Jeff Bezos, Bill Gates, Steve Jobs, and Sam Walton don’t create jobs. Clearly they do.
"Hey varmints, don't mess with a guy that's riding a buffalo"

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Martin Hash
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Re: Printing Money For UBI

Post by Martin Hash » Mon May 07, 2018 12:22 pm

DBTrek wrote:
Martin Hash wrote: Right now, all the money printing enriches The 1%. All the ways to use the same technique to enrich the 99% are being called "pork" and "tax loopholes." The Rich are NOT magical, nor "job creators," nor "investors." They are the ultimate free-riders on society.
I don’t understand how people can argue that Jeff Bezos, Bill Gates, Steve Jobs, and Sam Walton don’t create jobs. Clearly they do.
Mom & Pop create well over 90% of new jobs. Fuck those monopolists who create jobs overseas.
Shamedia, Shamdemic, Shamucation, Shamlection, Shamconomy & Shamate Change

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Speaker to Animals
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Re: Printing Money For UBI

Post by Speaker to Animals » Mon May 07, 2018 12:25 pm

DBTrek wrote:
Martin Hash wrote: Right now, all the money printing enriches The 1%. All the ways to use the same technique to enrich the 99% are being called "pork" and "tax loopholes." The Rich are NOT magical, nor "job creators," nor "investors." They are the ultimate free-riders on society.
I don’t understand how people can argue that Jeff Bezos, Bill Gates, Steve Jobs, and Sam Walton don’t create jobs. Clearly they do.

The jobs they create are a small percentage of the total jobs. Most jobs are created by small and medium-sized businesses, and most of those are independently owned.

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DBTrek
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Re: Printing Money For UBI

Post by DBTrek » Mon May 07, 2018 12:29 pm

Yet Walmart is the biggest private employer in America, and Amazon and Microsoft drive considerable employment in my area. So this whole “they don’t create jobs” thing is clearly a lie.

They create thousands, sometimes tens of thousands of direct jobs, and countless jobs in related industries. Without question they create infinitely more jobs than a bunch of people pan-handling from the government for $30k handouts every year because they think they can have magic “free” money that won’t affect prices.
"Hey varmints, don't mess with a guy that's riding a buffalo"

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Speaker to Animals
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Re: Printing Money For UBI

Post by Speaker to Animals » Mon May 07, 2018 12:31 pm

DBTrek wrote:Yet Walmart is the biggest private employer in America, and Amazon and Microsoft drive considerable employment in my area. So this whole “they don’t create jobs” thing is clearly a lie.

They create thousands, sometimes tens of thousands of direct jobs, and countless jobs in related industries. Without question they create infinitely more jobs than a bunch of people pan-handling from the government for $30k handouts every year because they think they can have magic “free” money that won’t affect prices.

Do you really not grasp the error in your logic here??

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DBTrek
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Re: Printing Money For UBI

Post by DBTrek » Mon May 07, 2018 12:32 pm

Do you really believe Walmart, Apple, Amazon, And Microsoft don’t create jobs? That Jeff Bezos is the richest man on Earth for doing nothing?
"Hey varmints, don't mess with a guy that's riding a buffalo"

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Speaker to Animals
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Re: Printing Money For UBI

Post by Speaker to Animals » Mon May 07, 2018 12:35 pm

DBTrek wrote:Do you really believe Walmart, Apple, Amazon, And Microsoft don’t create jobs? That Jeff Bezos is the richest man on Earth for doing nothing?




Dude, there are a fuck ton more jobs out there created by small businesses. Just because Walmart happens to hire more people than most other businesses doesn't somehow refute that. There is only one Walmart and and about a quarter of a hundred million small businesses..

Image


edit:

Forgot the hundred before the million.
Last edited by Speaker to Animals on Mon May 07, 2018 12:38 pm, edited 1 time in total.

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Speaker to Animals
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Re: Printing Money For UBI

Post by Speaker to Animals » Mon May 07, 2018 12:37 pm

As far as printing money.. yeah, that's going to create inflation if it's not done so with a corresponding increase in productivity.

The more capital that goes into people's hands, the higher the prices for shit, since they will just bid up the prices with their new capital. Supply and demand curves are an actual thing.

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DBTrek
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Re: Printing Money For UBI

Post by DBTrek » Mon May 07, 2018 12:38 pm

The claim was that the rich “don’t create jobs”.
I’ve shown they do.

Moving goal posts to “Small businesses make jobs too” is meaningless, since the entire back and forth was over whether or not the rich create jobs.

They do.
The worldview espousing that the rich do not create jobs is provably false.
/shrug
"Hey varmints, don't mess with a guy that's riding a buffalo"