Don't forget that inflation also devalues debt, which does help blue collar people.

It's not a simple as "inflation bad"

Never said inflation bad. What I said printing money is generally bad.

https://www.businessinsider.de/alexandria-ocasio-cortez-ommt-modern-monetary-theory-how-pay-for-policies-2019-1?r=US&IR=T



There you go, AOC saying that the government should increase deficit spending according to MMT; and the "the government doesnt need to balance the budget"-part implies that it wont cause (noteworthy) problems.



LOL, good one!



Why is it that the most bold proposals for reorganizing our economy always come from the most economically illiterate people?

This post was edited by Black XistenZ on Oct 7 2019 05:54am

nowadays nn to print money, most of the money in the world are pixels in the banking cloud.

that means the EZB got 150 billions of euro and after a reset, the EZB got 180 billions


This post was edited by KaterMikesch on Oct 7 2019 07:46am

yeah i agree. drumpf cut my taxes (a little but i will take it) and my company increased hiring/new positions. and now yang wants to give me $1k

these are winning economic positions. not whatever okie doke the usual suspects are spewing to guise their “what’s mine is mine, what’s yours is mine” policies

None of what she said here was wrong, or an answer to my question. "We should do X" os not the same as "X has zero downsides".

Additionally she didnt say printing the budget wont cause issues, she doesnt mention expanding the money supply at all.

This is why I dont take attacks on AOC seriously. It's pretty much just going out of your way to interpret everything she says or does in the worst favorable light, and in some cases ( like what you just did) an outright strawman attack. Her career started with criticisms of why somebody good with money doesnt waste a bunch of it to move early and has continued to be nothing but meme tier criticisms.

This post was edited by Thor123422 on Oct 7 2019 08:48am

https://nypost.com/2019/10/07/ilhan-omar-files-for-divorce-from-husband-amid-affair-allegations/

Update to the bottomless clusterfuck that is Ilhan Omar's scandals
Today she officially filed for divorce from Ahmed Hirsi

This comes after she had an affair with Tim Mynett, after she got Ahmed Hirsi fired from his patronage job with Alondra Cano, after the revelations that she was legally married to her brother while living with her 'real' husband Hirsi.

hilarious that actual tabloids report more accurately than their #fakenews mainstream media counterparts

Particularly jarring since in Omar's case we found out that the mainstream media was literally colluding with her campaign to suppress the stories about her marriage scandals
The tabloids? Psshh. You'd be more informed by reading The Babylon Bee than by reading the Strib

it's hilarious when tabloids break a big story. it's a perfect boy who cried wolf situation. they spend so much time reporting people who were probed by aliens and watchdogging celebs "addicted to drugs" because they wore sweat pants to the grocery store that no one gives them credit for actually being able to break anything.