Fire up the Printing Press

[Vern Humphrey]

Essentially, Ocasio-Cortez is continuing to argue for Modern Monetary Theory — something she said “absolutely” needs to be “a larger part of our conversation” in a recent Business Insider interview. The theory says that because governments can literally print money, “they can spend as much as they like,” Politico explains. “Inflation is the only obstacle” that should stop the presses, The Week details here. In short, it’s a big, untested idea for a big, untested plan.

Do you hear the Three Stooges clapping and cheering?

[Roadkingtrax]

She's a nut, but the Right wing pundits won't shut up about her. Keep eating up the slop, and tell me why you do?

[togor]

What I think is interesting is that Trump keeps hiring hard money guys but argues for an easy money policy with low interest rates and a weak dollar. You'd think the hard money guys would revolt but as it turns out they're just hacks who owe their position in the government to Trump so they'll say whatever he wants them to say.

People living on fixed incomes should like hard money policies because it raises interest rates on their savings and keeps inflation in line.

[dryheat]

She's a nut, but the Right wing pundits won't shut up about her. Keep eating up the slop, and tell me why you do?

Good point. She's child with a big mouth. But you hear about her all the time. I can't figure it out.

[Vern Humphrey]

Good point. She's child with a big mouth. But you hear about her all the time. I can't figure it out.

Because she's like a chimpanzee in the cockpit of an airliner. She doesn't know what she's doing, but she has infinite capacity for creating a disaster.

[blackhawknj]

Wage and price controls to prevent inflation. What we really need is a planned economy !

[dogtag]

The Democrat logic is; if we print it on government presses with government paper
then it stands to reason that it's the governments.

[S.A. Boggs]

bernie.jpg
Sam

[Sandpebble]

Actually ..

Do you hear the Three Stooges clapping and cheering?

Actually Vern .... you didn't

[Vern Humphrey]

Wage and price controls to prevent inflation. What we really need is a planned economy !

Oh, yeah! Look at how well that worked in Russia, Venezuela and so on.

[dryheat]

Banana Republics have to be socialist because no one there has the brains to be a capitalist. We have smart people here. Bezos(sort of Bozo now) is a smart guy and sort of conservative. Not all of the rich in this country are particularly street smart. "Book smart,but no common sense" as I used to hear(which used to annoy me). But I don't put a lot of stock in street smart either. A lot of the lower echelon of Chicago is "street smart" they claim. A lot of good that does them.

“a larger part of our conversation”- Cool talk.

[togor]

Russia is pumping money into the Venezuelan regime in exchange for liens on oil reserves. Is that cynical or what.