3 ms·
It is not snarky to poke holes. It is snarky to call someone snarky for pointing out issues. You don’t always have to come up with a solution immediately. That
by babesh 6y ago
It is not snarky to poke holes. It is snarky to call someone snarky for pointing out issues. You don’t always have to come up with a solution immediately. That would be stupid.
Basic income via the printing of money. What do you think those $600 checks were?
Inheritance tax. Make education at public schools and universities free. Reform government for greater efficiency.
- sho 6y agoAll excellent ideas, and inevitable, IMO.
- babesh 6y agoUniversal healthcare.
- Darmody 6y agoPrinting money is very risky. The US has the stability to print a lot of money but I'm afraid printing money forever would end up with a huge inflation. Hi Weimar Republic. Hi Venezuela.
- sho 6y agoI guess you have not heard of Quantitative Easing?
- Darmody 6y agoI've heard of it. The question is, have you? Because inflation is precisely the biggest problem when it's applied. It works on certain scenarios but it's not a long term solution.
- sho 6y agoI guess I have heard of it since I mentioned it So, where's the inflation because of it? Or are you going to STFU
- Darmody 6y agoBut have you heard only the name or do you know when it's used and what are its consequences? I could mention quantum physics and still have 0 idea about it. What about instead of saying "i'M tHe gUy wHo mEnTiOnEd iT" you explain why do you think it's good?
- sho 6y agoDid I say it's good? I know exactly what it is. It's a radical expansion of fed credit. What are the consequences? Well, do you think things are better? USD expansion is not going to be a big issue for a while. Your spongebob capitalisations are not appreciated
- Darmody 6y agoWell, I criticized printing money to pay a basic income. Which means from now on the Fed will print trillions every year. If you're not trying to fight deflation that would only increase the inflation rate. And what would happen when the USD expansions becomes a problem? Would the Fed stop printing money.
- jrs235 6y agoThe inflation is in assets: education (college), health (care/insurance), stock market, housing/real estate.
- zanmat0 6y ago>Or are you going to STFU Kindly take yourself back to reddit.
- babesh 6y agoLook at the root causes of increasing wealth inequality. Today’s global, connected world has allowed the winning of much larger markets than before. It is very similar to how industrialization allowed the accumulation of huge amounts of wealth. This global, connected world has also devalued low skilled work. Increasing amounts of work will be devalued. Any solution should be addressing these root causes while trying to not lose many of the great benefits. One aspect should be creating a basic living standard. Another aspect should be maximizing human potential. This isn’t just education but also opportunity. This isn’t just STEM but other human potential: music, art, etc... The last issue is how to pay for it. Progressive taxation makes sense as does a luxury tax. An inheritance tax makes sense because it still motivates individuals to produce.
- Darmody 6y agoI agree with you. We need solutions. The thing is we can't relay on monetary policies that have never worked and made things worse.
- creaghpatr 6y agoOk, so let’s pass a Maximize Human Potential bill then instead of a Shakedown Rich People Bill.