The Intellectual Dark Web

[DBTrek]

So how do you go to a pool of $1.65trillion, and redistribute $2.52 trillion out of it?
You can't redistribute in excess of what exists.

You take $1k from everybody and give it back to them. Zero sum. You take $1k from everybody and give it back to some of them, none to some of them, more to some of them. Zero sum. Or you could read the excerpt or transcript.

... but there wasn't $1000 to take from everyone, as we can see by how much it costs to give everyone $1000.
The numbers, man.
They're right there.

[TheReal_ND]

Here is the tldr infographic that explains this concept


photo hosting

[TheReal_ND]

This is really just 4d economics if you think about it

[Fife]

This is really just 4d economics if you think about it

They don't understand complex numbers like in that last graph, nuke.




Also these fags never buy the dip.

[brewster]

... but there wasn't $1000 to take from everyone, as we can see by how much it costs to give everyone $1000.
The numbers, man.
They're right there.

You're looking at this ass backawards. Most of this money is already flowing around the system as taxes and entitlements. This is mostly a different way to redistribute it.

[heydaralon]

You're looking at this ass backawards. Most of this money is already flowing around the system as taxes and entitlements. This is mostly a different way to redistribute it.

There's no way this would ever get passed at the expense of the other entitlements. No politician would vote for it unless the other stuff stayed. If you believe otherwise I have a timeshare to sell you plus a Scientology membership. Gov't doesn't go from stage 4 cancer to stage 1, its modus operandi is always, grow more, spend more. We got elected tapeworms, and elector tapeworms, 2 kinds of parasites that need more spending to sustain them.

[brewster]

You're looking at this ass backawards. Most of this money is already flowing around the system as taxes and entitlements. This is mostly a different way to redistribute it.

There's no way this would ever get passed at the expense of the other entitlements. No politician would vote for it unless the other stuff stayed.

Yes, probably true. Same as single payer: the merits of the idea aside, no way to get there from here.

[DBTrek]

... but there wasn't $1000 to take from everyone, as we can see by how much it costs to give everyone $1000.
The numbers, man.
They're right there.

You're looking at this ass backawards. Most of this money is already flowing around the system as taxes and entitlements. This is mostly a different way to redistribute it.

Oh, I see . . . there's just a magic floating money pool "flowing around the system" that's greater than our yearly GDP. We'll just pull trillions out of that.

Wow.

Magic money tree thinking at it's finest.

[Speaker to Animals]

Focus on the production. There is no magic production tree. You can print money all day. Whatever.

[Fife]

Everyone now knows all there is to know about Modern Monetary Theory (MMT).

You only need to get your folks to bribe your way into Harvard Business School now if you just want some of that sweet Cambridge nookie.