Recessions are normal parts of an economic cycle! Open a damn econ book and read!
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by Cu Math » Wed Sep 04, 2013 8:39 pm
by The Nuclear Fist » Wed Sep 04, 2013 8:39 pm
And you touch the distant beaches with tales of brave Ulysses. . .Farnhamia wrote:You're getting a little too fond of the jerkoff motions.
by The lepearchauns » Wed Sep 04, 2013 8:41 pm
by Cannot think of a name » Wed Sep 04, 2013 8:41 pm
The Nuclear Fist wrote:Cu Math wrote:Getting us off the gold standard helped end the great depression. Also, do you realize that gold is widely used as a material and so the price is unstable?
That's like basing the dollar off weasels. Nonsensical and something someone pulled out of their ass.
I support a weasel-based currency and you should too! *nods*
by Desocia » Wed Sep 04, 2013 8:41 pm
Gunstan wrote:In 6 weeks (this is a rough number) from today, the US Government will be down to anything from 0$ to 50 billion (witch would last for less then a single day)
Congress seems to have few options
1. Let the government run out of money.
2. Raise debt ceiling (Nice way to say, we will deal with this later, when the problem is worse.)
3. There is no option 3 really, I suppose if worse came to worse the government could just start selling land,old military hardware,gold (assuming the gold is still there.).
by Desocia » Wed Sep 04, 2013 8:44 pm
by The lepearchauns » Wed Sep 04, 2013 8:45 pm
Desocia wrote:Gunstan wrote:In 6 weeks (this is a rough number) from today, the US Government will be down to anything from 0$ to 50 billion (witch would last for less then a single day)
Congress seems to have few options
1. Let the government run out of money.
2. Raise debt ceiling (Nice way to say, we will deal with this later, when the problem is worse.)
3. There is no option 3 really, I suppose if worse came to worse the government could just start selling land,old military hardware,gold (assuming the gold is still there.).
Let the government run out of money. It will take the American government to slowly die to actually realize its in debt and it has to pay it. Raising the debt ceiling accomplishes nothing but larger debt down the rode. On the other hand, we could end the 2 trillion dollar war in the Middle East and sell off some military hardware. I am not too fond of selling our land though.
by The Nuclear Fist » Wed Sep 04, 2013 8:45 pm
Desocia wrote:And we shouldn't be so involved in the world like we have been since 1945.
And you touch the distant beaches with tales of brave Ulysses. . .Farnhamia wrote:You're getting a little too fond of the jerkoff motions.
by The Serbian Empire » Wed Sep 04, 2013 8:45 pm
Regnum Dominae wrote:Of course we should raise the debt ceiling. Debt is perfectly harmless as long as GDP growth is greater than debt growth.
by Jagalonia » Wed Sep 04, 2013 8:45 pm
The Nuclear Fist wrote:Gunstan wrote:Not in the short term, but in the long term, with real money backed with real gold, we had the biggest boom in the economy one could imagine, yep, this is why you should not expect to see a guilded age with this rate the money is being devalued.
The gilded age was terrible, I'm not sure why you would want it back.
And source on Jackson's policies having long term benefits? I'm relatively certain economic collapse is bad.
Tokyoni wrote:Hitler's mustache looks weird. Adam Smith was a drunken fatass. There, I've just pwned fascism and capitalism by such "logic".
Edlichbury wrote:OOC: If Knootoss can claim alcohol is a biological weapon, I can claim sentient Milk-People.
Senestrum wrote:Russians took the maximum allowable missile performances from the ABM treaty as design goals.
lolz ensued
by Dyakovo » Wed Sep 04, 2013 8:46 pm
Gunstan wrote:In 6 weeks (this is a rough number) from today, the US Government will be down to anything from 0$ to 50 billion (witch would last for less then a single day)
Congress seems to have few options
1. Let the government run out of money.
2. Raise debt ceiling (Nice way to say, we will deal with this later, when the problem is worse.)
3. There is no option 3 really, I suppose if worse came to worse the government could just start selling land,old military hardware,gold (assuming the gold is still there.)
So, what do you guys think the government should do?
Personnally, I think we need to end it and restart it.
by The lepearchauns » Wed Sep 04, 2013 8:47 pm
by Jagalonia » Wed Sep 04, 2013 8:49 pm
Cu Math wrote:Gunstan wrote:
Not in the short term, but in the long term, with real money backed with real gold, we had the biggest boom in the economy one could imagine, yep, this is why you should not expect to see a guilded age with this rate the money is being devalued.
Getting us off the gold standard helped end the great depression. Also, do you realize that gold is widely used as a material and so the price is unstable?
That's like basing the dollar off weasels. Nonsensical and something someone pulled out of their ass.
Tokyoni wrote:Hitler's mustache looks weird. Adam Smith was a drunken fatass. There, I've just pwned fascism and capitalism by such "logic".
Edlichbury wrote:OOC: If Knootoss can claim alcohol is a biological weapon, I can claim sentient Milk-People.
Senestrum wrote:Russians took the maximum allowable missile performances from the ABM treaty as design goals.
lolz ensued
by Jagalonia » Wed Sep 04, 2013 8:49 pm
Dyakovo wrote:Gunstan wrote:In 6 weeks (this is a rough number) from today, the US Government will be down to anything from 0$ to 50 billion (witch would last for less then a single day)
Congress seems to have few options
1. Let the government run out of money.
2. Raise debt ceiling (Nice way to say, we will deal with this later, when the problem is worse.)
3. There is no option 3 really, I suppose if worse came to worse the government could just start selling land,old military hardware,gold (assuming the gold is still there.)
So, what do you guys think the government should do?
Personnally, I think we need to end it and restart it.
Raise/eliminate the debt ceiling.
Tokyoni wrote:Hitler's mustache looks weird. Adam Smith was a drunken fatass. There, I've just pwned fascism and capitalism by such "logic".
Edlichbury wrote:OOC: If Knootoss can claim alcohol is a biological weapon, I can claim sentient Milk-People.
Senestrum wrote:Russians took the maximum allowable missile performances from the ABM treaty as design goals.
lolz ensued
by Divided America » Wed Sep 04, 2013 8:50 pm
by The Nuclear Fist » Wed Sep 04, 2013 8:50 pm
The lepearchauns wrote:Actually, outside manifest destiny, which wasnt foreign as much as kill the natives, up until the world wars America managed to stay MOSTLY neutral. I mean, at least until December 7, 1941 we were at least trying/pretending
And you touch the distant beaches with tales of brave Ulysses. . .Farnhamia wrote:You're getting a little too fond of the jerkoff motions.
by Desocia » Wed Sep 04, 2013 8:50 pm
The lepearchauns wrote:Desocia wrote:
Let the government run out of money. It will take the American government to slowly die to actually realize its in debt and it has to pay it. Raising the debt ceiling accomplishes nothing but larger debt down the rode. On the other hand, we could end the 2 trillion dollar war in the Middle East and sell off some military hardware. I am not too fond of selling our land though.
While letting the government slowly die would bankrupt millions of government employees....finally someone sees the true answer to all this. How buot we make some logical cuts. Shif funding to things that need it and use whats left to cut the debt. However, the debt ceiling needs to be raised until someone finally manages to do that in order to keep the MILLIONS employed by the government paid
by Jagalonia » Wed Sep 04, 2013 8:51 pm
The Nuclear Fist wrote:The lepearchauns wrote:Actually, outside manifest destiny, which wasnt foreign as much as kill the natives, up until the world wars America managed to stay MOSTLY neutral. I mean, at least until December 7, 1941 we were at least trying/pretending
What about things like the Spanish-American war, then?
Tokyoni wrote:Hitler's mustache looks weird. Adam Smith was a drunken fatass. There, I've just pwned fascism and capitalism by such "logic".
Edlichbury wrote:OOC: If Knootoss can claim alcohol is a biological weapon, I can claim sentient Milk-People.
Senestrum wrote:Russians took the maximum allowable missile performances from the ABM treaty as design goals.
lolz ensued
by The lepearchauns » Wed Sep 04, 2013 8:53 pm
The Nuclear Fist wrote:The lepearchauns wrote:Actually, outside manifest destiny, which wasnt foreign as much as kill the natives, up until the world wars America managed to stay MOSTLY neutral. I mean, at least until December 7, 1941 we were at least trying/pretending
What about things like the Spanish-American war, then?
by Norstal » Wed Sep 04, 2013 8:53 pm
The lepearchauns wrote:The Nuclear Fist wrote:The US has always been pretty interventionist.
Actually, outside manifest destiny, which wasnt foreign as much as kill the natives, up until the world wars America managed to stay MOSTLY neutral. I mean, at least until December 7, 1941 we were at least trying/pretending
Toronto Sun wrote:Best poster ever. ★★★★★
New York Times wrote:No one can beat him in debates. 5/5.
IGN wrote:Literally the best game I've ever played. 10/10
NSG Public wrote:What a fucking douchebag.
by Bering » Wed Sep 04, 2013 8:53 pm
The Nuclear Fist wrote:The lepearchauns wrote:Actually, outside manifest destiny, which wasnt foreign as much as kill the natives, up until the world wars America managed to stay MOSTLY neutral. I mean, at least until December 7, 1941 we were at least trying/pretending
What about things like the Spanish-American war, then?
by Bering » Wed Sep 04, 2013 8:54 pm
Norstal wrote:The lepearchauns wrote:
Actually, outside manifest destiny, which wasnt foreign as much as kill the natives, up until the world wars America managed to stay MOSTLY neutral. I mean, at least until December 7, 1941 we were at least trying/pretending
It's like, everyone forgot about the Spanish American war, the Boshin war, Boxer's Rebellion...ah fuck it, I give up.
by Norstal » Wed Sep 04, 2013 8:55 pm
Gunstan wrote:The lepearchauns wrote:The federal reserve is a bank put in place to run the US government. It is in charge of the national debt, financing government, setting banking standards like long term interest rates and managing the countrys currency system. Without it, the government has no money, the government has no way to borrow money(unless you want Obamas bank account managing trillions of dollars), US banking loses most of its regulation and the US economy collapses into itself overnight...so tell me again how abolishing it overnight is a good thing?
Jackson did it and it all turned out fine.
Toronto Sun wrote:Best poster ever. ★★★★★
New York Times wrote:No one can beat him in debates. 5/5.
IGN wrote:Literally the best game I've ever played. 10/10
NSG Public wrote:What a fucking douchebag.
by Cu Math » Wed Sep 04, 2013 8:56 pm
Jagalonia wrote:Cu Math wrote:Getting us off the gold standard helped end the great depression. Also, do you realize that gold is widely used as a material and so the price is unstable?
That's like basing the dollar off weasels. Nonsensical and something someone pulled out of their ass.
Weasels aren't shiny.
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