Sockenklaus

It’s not even the AfD. Most of the politic parties don’t or at least didn’t want to touch wealth tax.

Come to Germany. We had a wealth tax until 1996 and whenever it’s revival is publicly discussed you can see that the majority is against it even when the majority of our people would never have to pay it and would profit from it. It’s mind boggling that the people are still willing to defend our current “don’t tax the rich” policy…

Congrats! Have you tried the DLC yet?

But… Why?

Why would that happen? There’s no proof that printing money (while considering the boundaries of the real resources like available work force) automatically leads to hyperinflation.

I see what you mean, but this is not about having a strangle hold on the world or being the world’s reserve currency. This is about having your own currency and collecting taxes in this currency. As long as a country collects taxes in its own currency there will be demand for that currency.

Okay, but even if the USA can’t change the law regarding states bonds, it is virtually impossible that people stop buying US states bonds since the US Dollar is kinda like the most established currency in the world.

So your argument is completely theoretical.

Serious question? Money today is nothing more than a number in an account. When a country needs more of its own currency, it can increase it’s account by that amount.

Then stop selling bonds and start investing directly (build schools, repair bridges, pay your employees, etc.).

Countries don’t have to take the detour through state bonds because they can make money out of thin air. State bonds are a self-imposed and there’s no law of nature that mandates using them.

They seemed to think that tax revenue in some way has to happen for spending to happen.

Noo!

But the federal government creates money ex nihilo.

Yes!

Money has to be created before it can be destroyed through taxation.

Yes!!

We do not rely on the money of the wealthy. What matters is actual, real resources and services we can provide.

Yes, yes and yes!! ❤️

Thanks for your concise explanation of MMT! I wouldn’t be able to phrase it this well. ❤️

Public sector debt is private sector surplus.

Yes! This is the very essence of our monetary system that nobody seems to understand.

No, that is not true. That states sell bonds is a self-imposed rule.

As long as a state collects its taxes in its own currency there will be demand for that currency.

Black Swan is about a ballet dancer who, driven by the demand to perfectly play the lead role in Tchaikovsky’s Swan Lake, descends into madness.

It’s with Natalie Portman and a truly amazing movie. I absolutely recommend watching it, even when you’re not into ballet.

Edit: To be honest just watch Joker too. It tells the story of Joker becoming the Joker and Joaquin Phoenix did an amazing job playing the role. It’s completely different from any DC / Batman movies and probably not what you’d expect from a movie that plays in this universe.

Both movies are great psychothrillers.

Did you play Path of Exile? If so, how does Last Epoch feel compared to PoE. My favourite aspect of PoE is the hilariously fast gameplay when skilled somewhat correctly and up to this point I didn’t find a loot based ARPG that got to this point.

What’s with Lee Yeong-ae in her role as Lee Geum-ja in Park Chan-Wooks Lady Vengeance?

Exactly! In the past, I would have chosen the red pill to change decisions that I made in the past. But today there are some things in my life that are not directly the result of conscious decisions, but that I would not want to miss.

You obviously don’t have kids ! 😁 They are easily awake at 7 am but the time from 10 pm (thats when I am usually done with cleaning up for the day) to 2 am is mine. 🙃

The German “Sendung mit der Maus” made THE video explaining how dish washers work YEARS ago!

It’s amazing, watch it!

https://youtu.be/e2X-gwfX4aA?si=IHNtk_Y_1PbkIXSM

Oh lol yes! “Travel pussy”… I almost forgot. I wonder what was inside…

This is so me and my wife. After waking up she needs at least a coffee and a cigarette. Before that you just can’t (and don’t want to) talk to her.

I on the other hand am online mere minutes after waking up which is good for our kids but bad for any attempt of starting the day peacefully with my wife… 😬