Right Wing Discussion Thread The Fourth

[The Empire of Pretantia]

tfw no neochartalists.

Explain further.

[Unnamed island state]

What about people's quantitative easing?

I am unfamiliar with the concept, explain further.

https://en.wikipedia.org/wiki/Jeremy_Corbyn#Economy_and_Taxation

[The East Marches]

The door is that way.

what is neochartalist

This is what I know the term as

[The East Marches]

I am unfamiliar with the concept, explain further.

https://en.wikipedia.org/wiki/Jeremy_Corbyn#Economy_and_Taxation

Not just no, fuck no. I heard about this plan via the WSJ. It makes Trump's ideas seem realistic by comparison.

[Conserative Morality]

what is neochartalist

In (extremely) simplified terms, it's the idea that fiat currency itself is very much a creature of the state and that the worth of money is not (primarily) determined by traditional valuations as a medium exchange but as a token (thus, 'charta') given value by the government's ability to enforce debts with fiat currency.

[Conserative Morality]

This is what I know the term as

I've always heard it as MMT implies chartalism, but chartalism does not imply MMT.

[Nusaresa]

what is neochartalist

This is what I know the term as

what is neochartalist

In (extremely) simplified terms, it's the idea that fiat currency itself is very much a creature of the state and that the worth of money is not (primarily) determined by traditional valuations as a medium exchange but as a token (thus, 'charta') given value by the government's ability to enforce debts with fiat currency.

Ohhh....

[Balkenreich]

Hey guys.

Since Pepe is a hate symbol, i decided to spice things up.

[The East Marches]

This is what I know the term as

I've always heard it as MMT implies chartalism, but chartalism does not imply MMT.

By neo-chartalism, I thought you meant the modern resurrection of the idea rather than the classical. Which is why I thought of MMT.

Edit: incase I wasn't clear, MMT is really dumb. It misses for the forest for the trees.

[Jochizyd Republic]

It's the same guy.

... stop bullying meeeee

You're a far-right Muslim, essentially what Dio is to Christianity.

>tfw Jochi's ideal country would still be better to live in than Dio's

My ideal country is probably less totalitarian.

I don't know if I would call myself Far right. I am a reactionary. But really not extremely radical.

[Living Stones]

It's all part of The Eternal Hungarian's plan!

Magyar go home, pls.

[nevet magyarul]

[PaNTuXIa]

Hey guys.

Since Pepe is a hate symbol, i decided to spice things up.

nice m8

Also, why does the MSM actually buy this bullshit? It's a new level of stupidity.

Also, 2016 is the year Alex Jones became the voice of reason in the media:
https://www.youtube.com/watch?v=KZrZZBQzfWw

[Jochizyd Republic]

Hey guys.

Since Pepe is a hate symbol, i decided to spice things up.

Oh boy.

You're hard to like. But you're harder to hate.

[Conserative Morality]

I've always heard it as MMT implies chartalism, but chartalism does not imply MMT.

By neo-chartalism, I thought you meant the modern resurrection of the idea rather than the classical. Which is why I thought of MMT.

Neochartalism I always heard talked about in the same vein as Neokeynesianism - as a refinement of original ideas with the development of economic thought rather than any sort of radical change in the base form of the idea. Neochartalism discards such silly ideas as that the money supply is determined by central issuing authorities. It's more... nuanced.

Again, as I always heard it. Could be completely wrong; not my main area of expertise. I know just enough to make fun of Austrians.

[Nusaresa]

... stop bullying meeeee

>tfw Jochi's ideal country would still be better to live in than Dio's

My ideal country is probably less totalitarian.

I don't know if I would call myself Far right. I am a reactionary. But really not extremely radical.

You aren't really far right at all. More in line with traditionalist right wing.

[The East Marches]

Hey guys.

Since Pepe is a hate symbol, i decided to spice things up.

nice m8

Also, why does the MSM actually buy this bullshit? It's a new level of stupidity.

Also, 2016 is the year Alex Jones became the voice of reason in the media:
https://www.youtube.com/watch?v=KZrZZBQzfWw

[Jochizyd Republic]

Hey guys.

Since Pepe is a hate symbol, i decided to spice things up.

nice m8

Also, why does the MSM actually buy this bullshit? It's a new level of stupidity.

Also, 2016 is the year Alex Jones became the voice of reason in the media:
https://www.youtube.com/watch?v=KZrZZBQzfWw

I think that's more hypocrisy than him making a point.

Although he's been a voice of reason before.

Or at least, reasonable compared to others.

[Jochizyd Republic]

Almost forgot

[Nusaresa]

Almost forgot

Jochi let me love you.

[The East Marches]

By neo-chartalism, I thought you meant the modern resurrection of the idea rather than the classical. Which is why I thought of MMT.

Neochartalism I always heard talked about in the same vein as Neokeynesianism - as a refinement of original ideas with the development of economic thought rather than any sort of radical change in the base form of the idea. Neochartalism discards such silly ideas as that the money supply is determined by central issuing authorities. It's more... nuanced.

Again, as I always heard it. Could be completely wrong; not my main area of expertise. I know just enough to make fun of Austrians.

There I must disagree with you. I read it as something else entirely. If we think of Keynes as the medium tier, I am of the opinion that it goes too far in the opposite direction. I've read papers that imply something to the effect that if the government doesn't have debt, it punishes savers. As well by implication, I've read that they think it's acceptable to pay debt with printed money and that there will be no consquences. Effectively, I got the impression that they think inflation and money supply are not tied together. Instead that is set by the government. I could be misunderstanding the idea as well. I've not read much on it outside my textbook laughing at it and calling it wrong. This is admittedly a failure on my part.

Edit: I've used Google and realized I agreed with Paul Krugman on this. Brb time to kill myself.

[Jochizyd Republic]

Almost forgot

Jochi let me love you.

I'm all yours, bro

Nohomo.

[Dagashi Shojo]

While real anarchists had founders such as Stirner, Proudhon, and Bakunin with unique philosophies and an ethos for action, anarcho-capitalism was founded by some boring little men in business suits who contributed nothing original and just regurgitated tired old capitalist lines. One musters real rallies and propaganda of the deed, while the other is mainly defended on the web by hipsters.

One is an actual ideology, the other is just a joke on the internet.

[The Holy Empire of the Spaghetti Monster]

Hey guys.

Since Pepe is a hate symbol, i decided to spice things up.

Now taking bets on how long it is before Balken is DEAT'd again.

[PaNTuXIa]

While real anarchists had founders such as Stirner, Proudhon, and Bakunin with unique philosophies and an ethos for action, anarcho-capitalism was founded by some boring little men in business suits who contributed nothing original and just regurgitated tired old capitalist lines. One musters real rallies and propaganda of the deed, while the other is mainly defended on the web by hipsters.

One is an actual ideology, the other is just a joke on the internet.

Once again, I'm pretty sure Stirner was a capitalist.

[Benuty]

Jochi let me love you.

I'm all yours, bro

Nohomo.

It is all homo from here.