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1. Cut interest rates 2. Stop printing billions to defense contractors for Ukraine 3. invest in small business and entrepreneurial training 4. Stop ESG-based in

1. Cut interest rates 2. Stop printing billions to defense contractors for Ukraine 3. invest in small business and entrepreneurial training 4. Stop ESG-based investing

consumer451 3y ago
> 1. Cut interest rates So you would nominate a new Fed Chair who will raise inflation? > 2. Stop printing billions to defense contractors for Ukraine Imperialist Russia preys on weakness, you and David Sacks are the weakest links. What precedent does that set for all other nuclear powers which have imperial ambitions? I am sure Turkey's control of the strait is very annoying to Moscow. How is that going to work out in the long run? > 3. invest in small business and entrepreneurial training So more of this? >> The government, through the Small Business Administration, gave out nearly $790 billion in PPP loans between March 2020 and May 2021, when the program ended, public records show. Of that amount, $757 billion has been forgiven. [0] How much of this crony-socialism led to inflation? >> PPP loans cost nearly double what Biden's student debt forgiveness would have. Here's how the programs compare. [0],[1] > 4. Stop ESG-based investing Why? Show your work with a 20 year investment horizon. --- [0] https://www.cbsnews.com/news/ppp-loan-forgiveness-student-loan-relief-cost-comparison/ https://www.cbsnews.com/news/ppp-loan-forgiveness-student-lo... [1] https://en.wikipedia.org/wiki/Velocity_of_money https://en.wikipedia.org/wiki/Velocity_of_money
vlozko 3y ago
1. Would be nice but that can potentially cause inflation to rapidly grow again. It should go down but it would need to be gradual once inflation has fully stabilized. And it’s not just the US that’s suffering heavily under high inflation. 2. Dropping support for Ukraine would signal to China that we wouldn’t have the stamina to support Taiwan if they were attacked. It was only a few years ago that a massive chip shortage hamstrung our economy and nobody wants to repeat that. Dropping support won’t have much significant fiscal impact, either. Most of the billions spent thus far is really the US clearing out older inventories. 3. We already do with tax incentives and other mechanisms. What exactly are you asking for unchecked COVID loans that were forgiven en mass? 4. Do you have figured that indicate ESG-based investing is a net negative and costly to the US? That redirection of such funds would have a notable economic impact?
- consumer451 3y ago
  > 2. Dropping support for Ukraine would signal to China that we wouldn’t have the stamina to support Taiwan if they were attacked. It was only a few years ago that a massive chip shortage hamstrung our economy and nobody wants to repeat that. Dropping support won’t have much significant fiscal impact, either. Most of the billions spent thus far is really the US clearing out older inventories. It's even worse than this IMO. What this acquiescence would signal to "lesser" nuclear powers is that Pax Americana is truly over. That is a problem. I believe the most likely outbreak of nuclear war is between Pakistan/China/India instead of the classic USA/Russia/China. If you want peace, keep Pax Americana. It's the least evil of all evils.

1. Cut interest rates 2. Stop printing billions to defense contractors for Ukraine 3. invest in small business and entrepreneurial training 4. Stop ESG-based investing

consumer451 3y ago

> 1. Cut interest rates So you would nominate a new Fed Chair who will raise inflation? > 2. Stop printing billions to defense contractors for Ukraine Imperialist Russia preys on weakness, you and David Sacks are the weakest links. What precedent does that set for all other nuclear powers which have imperial ambitions? I am sure Turkey's control of the strait is very annoying to Moscow. How is that going to work out in the long run? > 3. invest in small business and entrepreneurial training So more of this? >> The government, through the Small Business Administration, gave out nearly $790 billion in PPP loans between March 2020 and May 2021, when the program ended, public records show. Of that amount, $757 billion has been forgiven. [0] How much of this crony-socialism led to inflation? >> PPP loans cost nearly double what Biden's student debt forgiveness would have. Here's how the programs compare. [0],[1] > 4. Stop ESG-based investing Why? Show your work with a 20 year investment horizon. --- [0] https://www.cbsnews.com/news/ppp-loan-forgiveness-student-loan-relief-cost-comparison/ https://www.cbsnews.com/news/ppp-loan-forgiveness-student-lo... [1] https://en.wikipedia.org/wiki/Velocity_of_money https://en.wikipedia.org/wiki/Velocity_of_money

vlozko 3y ago

1. Would be nice but that can potentially cause inflation to rapidly grow again. It should go down but it would need to be gradual once inflation has fully stabilized. And it’s not just the US that’s suffering heavily under high inflation. 2. Dropping support for Ukraine would signal to China that we wouldn’t have the stamina to support Taiwan if they were attacked. It was only a few years ago that a massive chip shortage hamstrung our economy and nobody wants to repeat that. Dropping support won’t have much significant fiscal impact, either. Most of the billions spent thus far is really the US clearing out older inventories. 3. We already do with tax incentives and other mechanisms. What exactly are you asking for unchecked COVID loans that were forgiven en mass? 4. Do you have figured that indicate ESG-based investing is a net negative and costly to the US? That redirection of such funds would have a notable economic impact?

consumer451 3y ago
> 2. Dropping support for Ukraine would signal to China that we wouldn’t have the stamina to support Taiwan if they were attacked. It was only a few years ago that a massive chip shortage hamstrung our economy and nobody wants to repeat that. Dropping support won’t have much significant fiscal impact, either. Most of the billions spent thus far is really the US clearing out older inventories. It's even worse than this IMO. What this acquiescence would signal to "lesser" nuclear powers is that Pax Americana is truly over. That is a problem. I believe the most likely outbreak of nuclear war is between Pakistan/China/India instead of the classic USA/Russia/China. If you want peace, keep Pax Americana. It's the least evil of all evils.