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  1. #801
    Quote Originally Posted by Muzjhath View Post
    No, in a deflation they don't invest. You could say they are saving. But for an economy to work a set amount of money need to be in circulation. The more money in circulation the better for the economy.
    Right but government printing more money won't make our economy great. It's just gonna raise prices and put you in a new tax bracket.

  2. #802
    I Don't Work Here Endus's Avatar
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    Quote Originally Posted by Nostop it View Post
    Inflation does not equal "increase in prices". It might in an economics class but everywhere else it means printing more money.
    The only people who conflate "inflation" with "printing more money" are people who have no idea what they're talking about and no clue as to how economies function.

    It isn't true, and no source will back you up on that meaning.

    You are either misleading people or you think the economic definition has more affect than the other definition does.
    If we're discussing economics (and we are), the economic definition is the one we're using.

    When you invent a "new" definition, as you have, what you're doing is demonstrating a lack of comprehension, not making a legitimate point.


  3. #803
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    Quote Originally Posted by Nostop it View Post
    Right but government printing more money won't make our economy great. It's just gonna raise prices and put you in a new tax bracket.
    No, but the government printing money relative to current economic circumstances makes the economy stable.
    Quote Originally Posted by Marjane Satrapi
    The world is not divided between East and West. You are American, I am Iranian, we don't know each other, but we talk and understand each other perfectly. The difference between you and your government is much bigger than the difference between you and me. And the difference between me and my government is much bigger than the difference between me and you. And our governments are very much the same.

  4. #804
    I Don't Work Here Endus's Avatar
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    Quote Originally Posted by Nostop it View Post
    Right but government printing more money won't make our economy great. It's just gonna raise prices and put you in a new tax bracket.
    And all this is completely irrelevant to the thread topic, which is about raising the minimum wage. Which has nothing to do with changing the money supply, directly. There is nothing about increasing the minimum wage that in any way translates to "government printing more money".


  5. #805
    Quote Originally Posted by Nostop it View Post
    Right but government printing more money won't make our economy great. It's just gonna raise prices and put you in a new tax bracket.
    Yeah our 1.x% inflation rate is killer.

  6. #806
    Quote Originally Posted by Didactic View Post
    No, but the government printing money relative to current economic circumstances makes the economy stable.
    But we haven't had that due to prices increasing.

  7. #807
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    Quote Originally Posted by Endus View Post
    And all this is completely irrelevant to the thread topic, which is about raising the minimum wage. Which has nothing to do with changing the money supply, directly. There is nothing about increasing the minimum wage that in any way translates to "government printing more money".
    Unless it stimulates which will require more monetization to keep up with economic activity levels
    Quote Originally Posted by Marjane Satrapi
    The world is not divided between East and West. You are American, I am Iranian, we don't know each other, but we talk and understand each other perfectly. The difference between you and your government is much bigger than the difference between you and me. And the difference between me and my government is much bigger than the difference between me and you. And our governments are very much the same.

  8. #808
    Quote Originally Posted by Endus View Post
    And all this is completely irrelevant to the thread topic, which is about raising the minimum wage. Which has nothing to do with changing the money supply, directly. There is nothing about increasing the minimum wage that in any way translates to "government printing more money".
    It does when you want to raise it because their dollars don't buy as much as it used too. I'd say inflation is the entire point of this thread.

  9. #809
    Quote Originally Posted by Xeones View Post
    Another person who thinks people should die in gutters. Why do these people not understand the job market past their own place in it?
    Please point out where I said that? That's right, I never did.

    What I said is that people should show the slightest inkling of personal responsibility. You know...as opposed to "I had a baby so now my company has to pay ME more."

    They hired you, not your family.

    So, no, I did not advocate people dying in gutters. I suggested that people attempt to improve themselves. I don't know, maybe you just enjoy people that depend on others for things.

  10. #810
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    Quote Originally Posted by Nostop it View Post
    Right but government printing more money won't make our economy great. It's just gonna raise prices and put you in a new tax bracket.
    Forcing corporations like walmart pay a wage so their employees won't have to go on foodstamps won't cause more inflation than exists already. Which generally sits somewhere between 0.5-3% (ish) depending on how the economy is doing. It'll cause a slight smaller profit for the top people. Who don't spend the money they get since it's practically impossible for them to spend it.
    The Waltons are a bigger problem to the US economy due to sitting on cash than raising the minimum wage is.

    The government prints more money to keep the economy going. To keep spending happening. Because if they didn't do that the treasured "market economy" that the conservative-farright-libertarian part of the US political spectrum values to much would stop working.

  11. #811
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    Quote Originally Posted by Nostop it View Post
    But we haven't had that due to prices increasing.
    The reason the economy is unstable is because it's essentially anaemic; supressed wages have severely curtailed buying power, which in turn has flattened demand. One of the only things keeping it growing is the fact that the Federal Reserve is expanding the money supply to encourage people to spend.
    Quote Originally Posted by Marjane Satrapi
    The world is not divided between East and West. You are American, I am Iranian, we don't know each other, but we talk and understand each other perfectly. The difference between you and your government is much bigger than the difference between you and me. And the difference between me and my government is much bigger than the difference between me and you. And our governments are very much the same.

  12. #812
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    Quote Originally Posted by Nostop it View Post
    Right but government printing more money won't make our economy great. It's just gonna raise prices and put you in a new tax bracket.
    when the government prints money, everyone who has money loses, those who don't, don't, becasue they dont ahve any money to lose.

  13. #813
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    Quote Originally Posted by Nostop it View Post
    It does when you want to raise it because their dollars don't buy as much as it used too. I'd say inflation is the entire point of this thread.
    That's false. Businesses do not adjust prices upwards as soon as the minimum wage increases.
    Quote Originally Posted by Marjane Satrapi
    The world is not divided between East and West. You are American, I am Iranian, we don't know each other, but we talk and understand each other perfectly. The difference between you and your government is much bigger than the difference between you and me. And the difference between me and my government is much bigger than the difference between me and you. And our governments are very much the same.

  14. #814
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    Quote Originally Posted by Didactic View Post
    Or, as is more likely, laws would never be passed period.
    Important ones would

  15. #815
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    Quote Originally Posted by Twotonsteak View Post
    Please point out where I said that? That's right, I never did.

    What I said is that people should show the slightest inkling of personal responsibility. You know...as opposed to "I had a baby so now my company has to pay ME more."

    They hired you, not your family.

    So, no, I did not advocate people dying in gutters. I suggested that people attempt to improve themselves. I don't know, maybe you just enjoy people that depend on others for things.
    Some people see a company as part of a society and feel that they have an ethical commitment to give back to that society. By fair vages and perks. By not ruening the world. By not doing everything they can not to pay taxes. Etc.

  16. #816
    I Don't Work Here Endus's Avatar
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    Quote Originally Posted by Nostop it View Post
    It does when you want to raise it because their dollars don't buy as much as it used too. I'd say inflation is the entire point of this thread.
    That would be "indirectly".

    Raising the minimum wage is not the "government printing more money". If you want to take a stand against inflation, opposing the minimum wage hike cannot help you with that goal, and it is a move that seeks to reinforce the harmful effects of the inflation you're supposedly attacking because of your opposition to that harm.

    You should be for raising the minimum wage if you think inflation is a bad thing.


  17. #817
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    Quote Originally Posted by Orlong View Post
    Important ones would
    The US government is extraordinarily inefficient as is; so, no.
    Quote Originally Posted by Marjane Satrapi
    The world is not divided between East and West. You are American, I am Iranian, we don't know each other, but we talk and understand each other perfectly. The difference between you and your government is much bigger than the difference between you and me. And the difference between me and my government is much bigger than the difference between me and you. And our governments are very much the same.

  18. #818
    Deleted
    Quote Originally Posted by Orlong View Post
    Important ones would
    like Tarp?

  19. #819
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    Quote Originally Posted by Twotonsteak View Post
    Please point out where I said that? That's right, I never did.

    What I said is that people should show the slightest inkling of personal responsibility. You know...as opposed to "I had a baby so now my company has to pay ME more."

    They hired you, not your family.

    So, no, I did not advocate people dying in gutters. I suggested that people attempt to improve themselves. I don't know, maybe you just enjoy people that depend on others for things.
    What happens when everyone improves themselves by, say, getting a law degree?
    Quote Originally Posted by Marjane Satrapi
    The world is not divided between East and West. You are American, I am Iranian, we don't know each other, but we talk and understand each other perfectly. The difference between you and your government is much bigger than the difference between you and me. And the difference between me and my government is much bigger than the difference between me and you. And our governments are very much the same.

  20. #820
    Quote Originally Posted by goblinpaladin View Post
    when the government prints money, everyone who has money loses, those who don't, don't, becasue they dont ahve any money to lose.
    But when you go to buy something you lose. Everyone buys something. If you sell something you win. The money goes straight to the top.

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