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Thread: This is the End

  1. #1

    Default This is the End

    We tried to fight the pandemic to a draw so we could save the economy.


    We failed.





    At both.





    Neither of these is the scariest part.


    .


    A vaccine will be released before the election.


    It will be brought to us by the same people who were wrong about travel bans and not masks preventing the spread of the virus, who were wrong about not needing FDA approval for testing kits for the virus, and who were wrong about hydroxychloroquine being a treatment for the virus.


    We all know they'll be wrong about this vaccine too, and we all know tens of millions will take it anyway out of loyalty or desperation, and we all know tens of millions more will point to the inevitable failure as reason to not take the genuine vaccine when it is eventually released, fatally undermining herd immunity.


    This isn't the scariest part either.


    .


    The scariest part is that our only hope is the United States Congress.


    .


    But it's not as bleak as that phrase may have seemed at any other point in any of our adult lives, because we know they've already managed to come together and unanimously(!!!) approve bailout checks to many businesses and each and every one of us. All we need is for them to do that again, and more, and indefinitely.


    "Inflation!" Here's the thing - we've already seen $3,000,000,000,000 in stimulus and CPI is deflating. We need immediate further injections just to get to a healthy amount of inflation, worrying about hyperinflation now is like worrying about cholesterol during a famine.


    "Debt!" Here's the thing - money isn't real. Germany saw -2% GDP in the first quarter compared to our -5%, and is projected to see -10% GDP in the second quarter compared to our -35%. None of these are good numbers, but I know which ones I'd pick.


    In addition to crushing us economically, Germany is crushing us medically:





    They have done and are continuing to do better on both. We can too, and we can do it by doing what they did: $$$ (technically they did but you get the idea).


    "Socialism!??" Here's the thing - I said it was the end, didn't I?


    .


    .


    We get to choose, right now, today.
    Not next week, next week is too late.
    Not tomorrow, tomorrow is too late.
    It's already too late today.
    We are in the no-win scenario.
    Our only choice is how much we want to lose.


    Is this the end of capitalism, or the end of America?


    Look at the first picture again. There are no blue states anymore. The red states represented by Republicans are already coming around, slowly, from the governor of Texas to the senior Senator from Kentucky. All they need is a little more push and we can survive.
    Hasta pronto, porque la vida no termina aqui...
    America, stop pushing. I know what I'm doing.

  2. #2
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    k bye
    Ceterum censeo Carthaginem esse delendam

  3. #3

    Default

    Stay under your bed Latrine.. we'll handle it.
    RETARD HALL OF FAME

    Quote Originally Posted by Back View Post
    There will be no war when guns are more regulated.
    Quote Originally Posted by Androidpk View Post
    horrific state of conditions = the biggest election win in 40 decades
    Quote Originally Posted by Tsa`ah View Post
    Well tell that to the Naval hospital that issued a birth certificate labeled Ft Lejeune ... and then typed it in.
    Quote Originally Posted by Back View Post
    3 million more popular votes. I'd say the numbers speak for themselves. Gerrymandering won for Trump.

  4. #4

    Default

    Deflation isn't the end of the American Dream, it's the realization that incomes across the country have been slashed, following decades of minimal wage growth. When American's can't afford to buy goods, retail suffers, utilizing price reductions and sales to spur more activity. Yes it hurts their bottom line, but raising prices to help spur inflation would do the exact opposite of encouraging economic growth.

  5. #5

    Default

    Socialism, not the 20th century version but the "theoric" version is a fatality. It will be worldwide and every damn country will live by it. Your country will be about the last to embrace it, though.

    Humans are not capable of bearing too much liberty. The greater good (community) is always preferable to the lesser good (individuality).

    Capitalism has failed, capitalism is falling. It's not even true capitalism anyway, it's more a few big companies that control high % of the economy and creates "fake" liberty in order to keep people aligned.

    i.e. I'm free. I buy americain! And said person goes to wal mart and buy tons of crap made in china. LOL
    Ardwen the submitive: [LNet]-GSIV:Ardwen: "not like I was given a choice to opt out of bro mode, bro"

  6. #6
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    Ceterum censeo Carthaginem esse delendam

  7. #7

    Default

    Quote Originally Posted by Parkbandit View Post
    Stay under your bed Latrine.. we'll handle it.
    You had your chance. How many have to die for you to question your macroeconomic policy?
    Hasta pronto, porque la vida no termina aqui...
    America, stop pushing. I know what I'm doing.

  8. #8

    Default

    Quote Originally Posted by Seran View Post
    Deflation isn't the end of the American Dream, it's the realization that incomes across the country have been slashed, following decades of minimal wage growth. When American's can't afford to buy goods, retail suffers, utilizing price reductions and sales to spur more activity. Yes it hurts their bottom line, but raising prices to help spur inflation would do the exact opposite of encouraging economic growth.
    You've got it backwards. Inflation doesn't happen when prices are raised, prices are raised when inflation happens. The Fed has no control whatsoever over prices, they only control the rate banks lend to each other, and when they cut rates it's an inflationary force, which is why in the face of impending recessions (like late 2019) they cut, cut, cut. Unfortunately they have already cut to 0 so that path is exhausted.

    Another less popular and more dangerous inflationary force is for the government to print money willy-nilly and give it away to citizens. More money in the hands of the poor means more spending, that's more demand, THEN prices go up. Ask anyone who complains about fiat currency, they will talk to you about it, for great length, even though you'd much rather they stop.

    This isn't hypothetical. Germany turned on the spigots, avoided the economic damage we're suffering, AND avoided the human damage we're suffering. It's not a choice between economy and medicine, it's only a choice between practicality and theory. Many Americans have the theory that socialism is bad. In this case, it turns out they're dead wrong.
    Hasta pronto, porque la vida no termina aqui...
    America, stop pushing. I know what I'm doing.

  9. #9
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    Default

    Quote Originally Posted by Latrinsorm View Post
    You've got it backwards. Inflation doesn't happen when prices are raised, prices are raised when inflation happens. The Fed has no control whatsoever over prices, they only control the rate banks lend to each other, and when they cut rates it's an inflationary force, which is why in the face of impending recessions (like late 2019) they cut, cut, cut. Unfortunately they have already cut to 0 so that path is exhausted.

    Another less popular and more dangerous inflationary force is for the government to print money willy-nilly and give it away to citizens. More money in the hands of the poor means more spending, that's more demand, THEN prices go up. Ask anyone who complains about fiat currency, they will talk to you about it, for great length, even though you'd much rather they stop.

    This isn't hypothetical. Germany turned on the spigots, avoided the economic damage we're suffering, AND avoided the human damage we're suffering. It's not a choice between economy and medicine, it's only a choice between practicality and theory. Many Americans have the theory that socialism is bad. In this case, it turns out they're dead wrong.


    Welcome back.

  10. #10
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    Default

    Quote Originally Posted by Murrandii View Post
    Socialism, not the 20th century version but the "theoric" version is a fatality. It will be worldwide and every damn country will live by it. Your country will be about the last to embrace it, though.

    Humans are not capable of bearing too much liberty. The greater good (community) is always preferable to the lesser good (individuality).

    Capitalism has failed, capitalism is falling. It's not even true capitalism anyway, it's more a few big companies that control high % of the economy and creates "fake" liberty in order to keep people aligned.

    i.e. I'm free. I buy americain! And said person goes to wal mart and buy tons of crap made in china. LOL
    You're retarded, MacGyver.

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