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No, not really. All of these things are related. You

Posted on: March 3, 2021 at 20:12:14 CT

SparkyStalcup MU

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see the world as you want it to be, and your attempt at "logic and reason" is actually cloudy thought, or more appropriately, tunnel vision. You don't allow that actual evidence or experience coukd create a world that could be different from you "logically" think it should be.

Good talk. I have taxes to prepare.

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MESSAGE THREAD

Just passed 28 trillion on the debt - Chievous'Bandaid MU - 3/3 18:57:55

oh the places I'd go with that money - lqf2b8 MU

- 3/3 21:37:32

That would be enough to fund a colony on Mars and get the - TigerMatt - 3/3 22:32:42

And that is only a concern when the other guys rise(nm) - raskolnikov MU - 3/3 21:26:41

everyone should be angry - fatrat MU - 3/3 20:32:17

Not after a Trillion and a half tax cut, but now? - raskolnikov MU - 3/3 21:32:46

Tax cuts have nothing to do with it. It is a spending - TigerMatt - 3/3 22:25:09

And? Nm - SparkyStalcup MU - 3/3 19:10:56

And...it's going to take a lot of theft to service that debt - ummmm MU - 3/3 19:13:16

Define theft nm - SparkyStalcup MU - 3/3 19:17:37

the forceful taking of property without consent - pickle MU

- 3/3 19:26:00

You are truly an idiot(nm) - Panthera MU - 3/3 19:20:19

Taking property without right to it. (nm) - ummmm MU - 3/3 19:20:13

So why would taxes constitute theft? Did the government - SparkyStalcup MU - 3/3 19:25:57

Yes, of course (nm) - 90Tiger STL - 3/3 21:07:49

What did they do? Nm - SparkyStalcup MU - 3/4 00:44:39

Yes, absolutely (nm) - mizzouSECedes STL - 3/3 19:43:05

Yes. Exactly. (nm) - ummmm MU - 3/3 19:28:55

What exactly? Did the governed not duly elect its - SparkyStalcup MU - 3/3 19:32:19

Correct. That has not occurred. - ummmm MU - 3/3 19:33:36

Yes, we have not had a coup since 1776, and we - SparkyStalcup MU - 3/3 19:34:54

So you admit calling the capital riot a coup is bullshyte? - RHAYWORTH MU - 3/3 20:22:39

A coup would require regime change. Nm - SparkyStalcup MU - 3/4 00:28:40

😳 (nm) - MIZ45 MU - 3/3 19:36:17

My last post was ambiguous at first. Check my edit.(nm) - ummmm MU - 3/3 19:35:54

Ok, which election since 1776 was suspect? Also, is - SparkyStalcup MU - 3/3 19:40:40

2016. (nm) - ummmm MU - 3/3 19:41:32

What was suspect about it? Nm - SparkyStalcup MU - 3/3 19:42:18

RE: What was suspect about it? Nm - MIZ45 MU - 3/3 19:44:42

Russian interference. (nm) - ummmm MU - 3/3 19:43:41

So I'm guessing we brought the Russians to justice - SparkyStalcup MU - 3/3 19:46:46

I sure hope so. I'd like a refund of all taxes taken from - ummmm MU - 3/3 19:48:19

I don't remember a change in president since 2016 - SparkyStalcup MU - 3/3 19:52:52

Probably. The extent of Russian interference is unknown - ummmm MU - 3/3 19:56:58

Ah, so no one actually did anything about the alleged - SparkyStalcup MU - 3/3 20:03:53

No, it hasn't been retroactively corrected - ummmm MU - 3/4 07:34:14

Gvmt has never had consent of the governed (nm) - pickle MU

- 3/3 19:27:13

Ah, but that isn't really true, is it? Nm - SparkyStalcup MU - 3/3 19:27:52

Yes, it’s really true - pickle MU

- 3/3 19:30:55

No, of course what you say is not true, at least not in a - SparkyStalcup MU - 3/3 19:33:58

yeah, that’s a lie and myth - pickle MU

- 3/3 19:44:14

Ahhh, the ever "present" pickle reason and logic. So now we - SparkyStalcup MU - 3/3 19:59:56

Oh. Changing the subject. - pickle MU

- 3/3 20:04:42

No, not really. All of these things are related. You - SparkyStalcup MU - 3/3 20:12:14

Yes, really. You just changed the subject - pickle MU

- 3/3 20:23:42

That's exactly true. There's the way the world is, and - SparkyStalcup MU - 3/4 00:30:54

if interest rates go up, I'm not sure that there's enough - ashtray UF - 3/3 19:14:24

Interest have to go up - raskolnikov MU - 3/3 21:37:26

wut? (nm) - ashtray UF - 3/4 10:07:18

So is all that debt at a fixed rate, or is it adjustable? Nn - SparkyStalcup MU - 3/3 19:18:24

What percentage of your portfolio is in US treasuries? - Chievous'Bandaid MU - 3/3 19:23:55

Interest rate is well below inflation, yes? So the goverment - SparkyStalcup MU - 3/3 19:27:21

Demand for US debt is disappearing - Chievous'Bandaid MU - 3/3 19:35:28

It is? A look at T-bill rates says differently. Nm - SparkyStalcup MU - 3/3 19:44:36

...as buttressed by the Fed. (nm) - ummmm MU - 3/3 19:49:04

The Fed affects the Federal funds rate, not the rate for - SparkyStalcup MU - 3/3 20:02:27

"buttressed" is another way of saying "supported" - ummmm MU - 3/4 07:33:34

Why is the fed needed to buy all this debt if demand is so - Chievous'Bandaid MU - 3/3 19:46:22

He's talking about notes that haven't even been - ummmm MU - 3/3 19:21:58

That very well could be; however, does the government - SparkyStalcup MU - 3/3 19:30:40

The govt makes some loans, I guess. But its consumption - ummmm MU - 3/3 19:38:52

I use the term inflation in the intended sense, not in - SparkyStalcup MU - 3/3 19:50:36

Unabashed projection. - ummmm MU - 3/3 19:59:40

If more money is printed, but no spends it, does inflation - SparkyStalcup MU - 3/3 20:14:31

of course it does (nm) - ashtray UF - 3/4 10:09:59

Yes, inflation occurred by the printing of money.(nm) - ummmm MU - 3/4 07:31:38

And thats bad. - Chievous'Bandaid MU - 3/3 19:12:08

he's an MMT believer (nm) - ashtray UF - 3/3 19:12:28

at what point does it become irreversible? - ashtray UF - 3/3 19:01:05

Wen the fed started buying debt it was the start. - Chievous'Bandaid MU - 3/3 19:02:59

it's fiat currency. of course it's a scam (nm) - ashtray UF - 3/3 19:03:46

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