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110%er [7564]
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If youre not already worried, then its time to get worried
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May 7, 2024, 5:05 PM
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Words of wisdom, as only the handlers of Joe Biden and his propagandists would understand.
Scroll down in the link to the clip in which Jared Bernstein, Chair of the Council of Economic Advisers to Joe Biden, explains why the government prints money, but then borrows money.
BTW, Jared Bernstein isn’t actually stupid, as he portrays himself in the interview.
Nope, it’s not stupidity. He’s lying; he believes that flat out lies (pretending to be muddled) is preferable to speaking truthfully (that OBiden Handlers Admin’s economic policies and monetary preferences equate to a time bomb).
https://boingboing.net/2024/05/03/watch-an-excruciating-interview-where-bidens-top-economic-advisor-rambles-incoherently-when-asked-a-simple-question.html
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All-In [48013]
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when did politicians start lying?
May 7, 2024, 5:09 PM
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was this a FNC breaking news story?
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110%er [7564]
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Re: when did politicians start lying?
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May 7, 2024, 7:22 PM
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Great way to excuse the terrible management of our country by the political party to which you’ve pledged your everlasting allegiance.
‘We stink just as bad as the other party, so watchya beeching about?’
Except that your guys are much worse. All the OBiden Handlers Admin is doing is hoping that the economic balloon will keep from bursting until after the election. Regardless of which party wins in November, America’s economy will soon be in train wreck mode … that is, if guys like Jared Bernstein and Jerome Powell can stay on the high wire for another 6 months.
And you lefties wonder why there are so many people who passionately and desperately oppose the dark hole into which your leaders are leading us.
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Orange Blooded [4752]
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Re: when did politicians start lying?
May 8, 2024, 2:42 PM
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Trump ran up another close to 8 trillion in national debt. You support that guy, so you probably don't mind as much you are complaining.
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110%er [7564]
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Re: when did politicians start lying?
May 8, 2024, 5:34 PM
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COVID 19.
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All-TigerNet [12091]
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They're looting the treasury
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May 7, 2024, 6:55 PM
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just in time for the great reset.
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All-In [34406]
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Starter [396]
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Boingboing.net seems legit***
May 7, 2024, 7:00 PM
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110%er [7420]
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Shirley, this is the first and only administration to do this.***
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May 7, 2024, 7:11 PM
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Orange Blooded [4078]
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Re: If youre not already worried, then its time to get worried
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May 7, 2024, 7:15 PM
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Oculus Spirit [98479]
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I would LOVE to see the government print 34,000,000,000,000 $1 dollar bills
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May 7, 2024, 8:21 PM
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Or even the same in $100 bills.
They don't print money. They create "money" by issuing debt. This guy's either an idiot, or as I suspect, the video was heavily edited.
What will really cook your noodle is to realize most of the "money" we think we have, both in markets, in assets, and in government debt, DOES NOT EVEN EXIST, except on paper. And it could never all exist anyway.
I will bet every penny I have that Elon Musk, or Jeff Bezos could never possibly get even 50% of their "wealth" in cash, ever. If they tried. Won't happen. CAN'T happen.
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110%er [7564]
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Re: I would LOVE to see the government print 34,000,000,000,000 $1 dollar bills
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May 7, 2024, 11:13 PM
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The transcript of the interview was also provided.
Also, there are numerous other sources that have confirmed that the video interview had actually taken place.
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All-In [25404]
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Very few have known the full truth about the FED since 1913 and Jekyll Island.***
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May 7, 2024, 11:25 PM
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All-In [42980]
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Yeah. We know.
May 8, 2024, 7:56 AM
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The Biden admin is awful and full of liars. This isn't breaking news. We get that. Nobody here disputes that.
The problem we encounter is people like you who think the only solution is to put in a corrupt criminal from an equally or worse administration. One that, at times, had some pretty skilled people doing their jobs but saw ALL of those people abandon and turn on the man leading it, so now his solution will be to put in the terrible, unqualified yes men if he takes office again.
A man who also printed free money for the people (a fact that y'all deny and lie about) and also had us on a path to economic disaster before another admin came along and compounded it.
One whose new economic plan, if elected again, will be enough tariffs to start a trade war and increase governmental control over corporations (fascism)... oh, I'm not making this up. Trump and his people have said this is the plan.
We are mired in a ###### administration right now. You and lying, dishonest Trumpists are pushing to bring in an even worse situation because you think the vengeance and the authoritarianism will somehow validate your group, all the while without realizing the irreparable damage it will do to America.
We could have had a sane, competent, pro-business and economy Republican but oh no, we want big loud fat orange despot because he makes us feel better about our lack of masculinity. Can't get behind a woman as our leader. We're too fragile for that, right Danny?
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All-In [25404]
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The World is T-Rump's fault...? You worried about losing some cushy gig?***
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May 8, 2024, 1:33 PM
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110%er [7564]
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Re: Yeah. We know. - - - leftist sheep logic explained
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May 8, 2024, 2:17 PM
[ in reply to Yeah. We know. ] |
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The sheep spend their entire lives worrying about the wolf.
Then, the shepherd kills them and eats them.
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All-In [25404]
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Shears them first, but a minor detail.***
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May 8, 2024, 2:42 PM
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110%er [7564]
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Re: Shears them first, but a minor detail.***
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May 8, 2024, 5:37 PM
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Ooops … shears them first, castrates them next. Mountain oysters. Then onto lamb chops, rack of lamb, mutton stew, etc.
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All-In [42980]
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/\/\/\/\/\ Got torched in the thread where he claimed...
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May 8, 2024, 2:42 PM
[ in reply to Re: Yeah. We know. - - - leftist sheep logic explained ] |
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Trump's black voter numbers jumped 10 points after they saw his mug shot (a Trump lie). Now chasing me in another thread to post nonsense because he can't go back to that other one.
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All-In [25404]
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How do you chase from the front... especially when he's already a lap ahead?***
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May 8, 2024, 3:25 PM
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All-TigerNet [12342]
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Apparently this Bersntein rambling is from a clip from the documentary "Finding
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May 8, 2024, 8:15 AM
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the Money" by Stephanie Kelton. Kelton is a Modern Monetary Theory pimp who was an advisor to Bernie Sanders' 2016 Presidential campaign. Any economist who aligns themselves with Marxist Bernie comes with a huge warning sign in my book. Admittedly I'm not an economics guy and won't waste a lot of time looking into Ms. Kelton but she seems to be somewhat of a "Government debt don't matter" kind of economist.
Anyway - here is the source clip of this Bernstein interview:
https://twitter.com/FindingMoneyDoc/status/1786050601236779078
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Orange Blooded [2273]
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MMT has never explained their models....
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May 8, 2024, 4:10 PM
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When they get into arguments with Keynesians, the Keynesians can pull out their models and show how things work, and point to examples in the real world. MMT people just say stuff like, "you just don't understand me"....
I'm not surprised Kelton is a Bernie supporter.
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