Tycod @Tycod

When we remember we are all mad, the mysteries disappear and life stands explained - Mark Twain Economics hobbyist. Not an expert. Willing to learn. USA Joined April 2009

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Tycod @Tycod

5 days ago

@iamsofias_ put my OOO on. Go back to sleep.

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Tycod @Tycod

5 days ago

@AbdulElSayed do some research before posting stuff like this maybe?

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Tycod @Tycod

5 days ago

@BTC_for_Freedom Do you like eating?

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Tycod @Tycod

5 days ago

@camnewberry @SnakeHoppe

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I was incredibly concerned with the debt. Now I get it. It’s never going down. The budget will never get balanced. Both parties don’t care and if they say they do they are lying. Fighting about taxes is silly. We can’t tax our way out of it. There isn’t enough tax revenue to be extracted. We are going to print our way out of it. 5% real inflation forever. What’s 40 trillion in debt if we inflate the gdp to 100 trillion? It’s the only choice. Both sides want to keep spending. My thesis the next 30 years: The dollar will be worth less tomorrow than today. The government will promise anything and spend everything. Plan accordingly.

River @River

3 weeks ago

Here is where our $40 trillion in debt comes from:

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Handre @Handre

3 weeks ago

The word "capitalism" was not coined by its champions. Marx popularized it in the 1860s as a term of abuse, a label designed to make voluntary exchange sound like a conspiracy of the owning class against everyone else. You inherited that framing without realizing it, and so did most economists who use the word casually today. Before Marx, the thing we now call capitalism had no single name because it needed no special defense. It was simply commerce, trade, production, the ordinary activity of human beings pursuing their interests through cooperation and exchange. Adam Smith in 1776 wrote about "the system of natural liberty," not capitalism. Turgot, writing in France a year earlier, described markets as the spontaneous outcome of individual property rights. Neither man felt compelled to brand the system because no one had yet launched a coordinated ideological attack requiring a rebuttal. Marx's packaged a moral indictment inside a noun. Once you accept the word "capitalism," you implicitly accept that the profit motive, private ownership, and voluntary contract form a distinct ideological "ism" with deliberate architects and beneficiaries. The state enters the picture as the purported neutral corrector of capitalism's excesses. This framing is backwards. The state is not a referee. The state is an institution that sustains itself through compulsory taxation and the monopoly on legal violence. Every intervention it enacts transfers wealth from producers to political beneficiaries. That transfer is the original problem the market solves around. Free market thinkers from Ludwig von Mises to Henry Hazlitt spent decades fighting on terrain the enemy chose. Mises preferred "the market economy" precisely because it described a process rather than a power structure. Hazlitt wrote in plain declarative sentences to strip the ideology back out of the subject. The word "capitalism" smuggles in the assumption that without deliberate institutional design, voluntary exchange produces exploitation. We tacitly accept that assumption every time we use the word uncritically. Words shape arguments before arguments even begin. The socialist tradition understood that in 1867. Most of its critics still haven't caught up.

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Tycod @Tycod

2 weeks ago

@krystalball That’s not how money works.

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Tycod @Tycod

2 weeks ago

@PattyMurray But it is

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Libertarian Party @LPNational

3 weeks ago

Both major parties play on your ignorance.

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Tycod @Tycod

2 weeks ago

@BillWiIdin Kind of like minimum wage laws

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Tycod @Tycod

2 weeks ago

@LibertyCappy Go fishin

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Tycod @Tycod

2 weeks ago

@QueenAnticommie This has been known

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Libertarian Party @LPNational

3 weeks ago

Libertarian Party of Tennessee @LPTN1776

3 weeks ago

I was told we were going to balance the budget????

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Tycod @Tycod

2 weeks ago

@BillWiIdin Math is hard eh?

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Tycod @Tycod

2 weeks ago

@omgsidewalks This is not an argument.

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Tycod @Tycod

2 weeks ago

@omgsidewalks So… don’t buy stuff from it

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Tycod @Tycod

2 weeks ago

@FromTeachrsDesk Capitalism gave you the opportunity to purchase a pocket tool that gives you instant access to the largest collection of information ever compiled and you still think like this… Also everyone is fat. Go outside. Look around. Get off the internet.

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Tycod @Tycod

2 weeks ago

@omgsidewalks Prices will go up drastically.

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Tycod @Tycod

2 weeks ago

@skumWgmi Inflation is caused by the government printing money. The government prints money to support special interest programs. Public funding of all the goods and services will always lead to inflation and higher costs for the consumer. This is known.