Swiss to vote on 2,500 franc basic income for every adult

[velvtacheeze]

what happens when the mint gets empty?

When the mint gets empty? What do mean? Why would they not be able to print money when they need it? Would it be empty of ink, paper? I'm not getting your "point".

The Italians tried that after WW2. It took a wheelbarrow full of cash to buy a loaf of bread.

Are you really so ignorant that you think a government can print itself out of debt?

Italy tried a minimum income for all adults after WWII and it led to inflation? Is that in one of those home school history for bumpkins books you wingnuts rely on?

 

[Redfish]

When the mint gets empty? What do mean? Why would they not be able to print money when they need it? Would it be empty of ink, paper? I'm not getting your "point".

The Italians tried that after WW2. It took a wheelbarrow full of cash to buy a loaf of bread.

Are you really so ignorant that you think a government can print itself out of debt?

Italy tried a minimum income for all adults after WWII and it led to inflation? Is that in one of those home school history for bumpkins books you wingnuts rely on?

you really need to stop mixing vodka and weed. it has done some severe damage to your small brain.

 

[velvtacheeze]

The Italians tried that after WW2. It took a wheelbarrow full of cash to buy a loaf of bread.

Are you really so ignorant that you think a government can print itself out of debt?

Italy tried a minimum income for all adults after WWII and it led to inflation? Is that in one of those home school history for bumpkins books you wingnuts rely on?

you really need to stop mixing vodka and weed. it has done some severe damage to your small brain.

I'm just asking you and other conservatives to stop making predictions about inflation when it comes to things like QE2 or a minimum income program in Switzerland. You're never right. I'm trying to help you look less foolish.

 

[Redfish]

Italy tried a minimum income for all adults after WWII and it led to inflation? Is that in one of those home school history for bumpkins books you wingnuts rely on?

you really need to stop mixing vodka and weed. it has done some severe damage to your small brain.

I'm just asking you and other conservatives to stop making predictions about inflation when it comes to things like QE2 or a minimum income program in Switzerland. You're never right. I'm trying to help you look less foolish.

The more money in circulation the less each dollar is worth. thats why diamonds are more valuable than gravel.

wild ass printing of money always causes inflation--------always.

 

[velvtacheeze]

you really need to stop mixing vodka and weed. it has done some severe damage to your small brain.

I'm just asking you and other conservatives to stop making predictions about inflation when it comes to things like QE2 or a minimum income program in Switzerland. You're never right. I'm trying to help you look less foolish.

The more money in circulation the less each dollar is worth. thats why diamonds are more valuable than gravel.

wild ass printing of money always causes inflation--------always.

And QE2 is not , as you so eloquently put it, "wild ass printing of money" . Neither would a minimum income. Admit it. Conservative predictions of massive inflation haven't panned out.

 

[The T]

I'm just asking you and other conservatives to stop making predictions about inflation when it comes to things like QE2 or a minimum income program in Switzerland. You're never right. I'm trying to help you look less foolish.

The more money in circulation the less each dollar is worth. thats why diamonds are more valuable than gravel.

wild ass printing of money always causes inflation--------always.

And QE2 is not , as you so eloquently put it, "wild ass printing of money" . Neither would a minimum income. Admit it. Conservative predictions of massive inflation haven't panned out.

RIGHT...just digitizing it...

MORON.

 

[velvtacheeze]

The more money in circulation the less each dollar is worth. thats why diamonds are more valuable than gravel.

wild ass printing of money always causes inflation--------always.

And QE2 is not , as you so eloquently put it, "wild ass printing of money" . Neither would a minimum income. Admit it. Conservative predictions of massive inflation haven't panned out.

RIGHT...just digitizing it...

MORON.

Where's the inflation that conservatives said would be created by now? Where? Is it under the imaginary WMD in Iraq that conservative also falsely claimed existed?

 

[eflatminor]

Where's the inflation that conservatives said would be created by now?

One, you're lying. The "conservatives" never said "by now".

Two, that's the thing with monetizing one's own debt. The inflationary reaction doesn't happen gradually. It hits all at once. And it hits hard, as even a cursory understanding of economic history demonstrates.

Your ignorance is showing. Good luck with that.

 

[The T]

And QE2 is not , as you so eloquently put it, "wild ass printing of money" . Neither would a minimum income. Admit it. Conservative predictions of massive inflation haven't panned out.

RIGHT...just digitizing it...

MORON.

Where's the inflation that conservatives said would be created by now? Where? Is it under the imaginary WMD in Iraq that conservative also falsely claimed existed?

*WARNING* Debt ceiling fight to come...stand by for the flood dumbass...

 

[kiwina]

When the mint gets empty? What do mean? Why would they not be able to print money when they need it? Would it be empty of ink, paper? I'm not getting your "point".

The Italians tried that after WW2. It took a wheelbarrow full of cash to buy a loaf of bread.

Are you really so ignorant that you think a government can print itself out of debt?

Italy tried a minimum income for all adults after WWII and it led to inflation? Is that in one of those home school history for bumpkins books you wingnuts rely on?

Look Nr. Bumpkin you should have showen up in class when you are in Hi School. Not only Ittaly but when Germeny printed Rich Marks between the wars their mony became worthless and people starved becuse the price of food got so hi that no amount of mony could buy it. The same thing happened in China. Even in this country every ression was precedded by a time when there was a lot of money were moving around. Usally in the form of credit. that money has to be backed by something, pressious metals, jules or the out put of the people. Don't look at it like this a loaf of bread cost $5 but $5 cost a loaf of bread.
PS you don't win arguments by calling people names, you make emnities and make your self look like a wing nut.

 

[Vox]

Where's the inflation that conservatives said would be created by now?

One, you're lying. The "conservatives" never said "by now".

Two, that's the thing with monetizing one's own debt. The inflationary reaction doesn't happen gradually. It hits all at once. And it hits hard, as even a cursory understanding of economic history demonstrates.

Your ignorance is showing. Good luck with that.

and it is also a lie we don't have inflation NOW.
anybody compared the food prices 5 years ago and now?
not even mentioning gold

 

[The T]

Where's the inflation that conservatives said would be created by now?

One, you're lying. The "conservatives" never said "by now".

Two, that's the thing with monetizing one's own debt. The inflationary reaction doesn't happen gradually. It hits all at once. And it hits hard, as even a cursory understanding of economic history demonstrates.

Your ignorance is showing. Good luck with that.

and it is also a lie we don't have inflation NOW.
anybody compared the food prices 5 years ago and now?
not even mentioning gold

And this is just the beginning. PAPER money will be only fit to burn.

 

[Vox]

One, you're lying. The "conservatives" never said "by now".

Two, that's the thing with monetizing one's own debt. The inflationary reaction doesn't happen gradually. It hits all at once. And it hits hard, as even a cursory understanding of economic history demonstrates.

Your ignorance is showing. Good luck with that.

and it is also a lie we don't have inflation NOW.
anybody compared the food prices 5 years ago and now?
not even mentioning gold

And this is just the beginning. PAPER money will be only fit to burn.

I know. That is not the first time under the sun

 

[The T]

and it is also a lie we don't have inflation NOW.
anybody compared the food prices 5 years ago and now?
not even mentioning gold

And this is just the beginning. PAPER money will be only fit to burn.

I know. That is not the first time under the sun

It isn't...and won't be the last.

 

[Vox]

In March, Swiss voters backed some of the world's strictest controls on executive pay, forcing public companies to give shareholders a binding vote on compensation.

In our discussion about printing money we've forgotten about some part which Swiss did and which can be also transferred here - no need of adjustment for local specifics.

 

[eflatminor]

Where's the inflation that conservatives said would be created by now?

One, you're lying. The "conservatives" never said "by now".

Two, that's the thing with monetizing one's own debt. The inflationary reaction doesn't happen gradually. It hits all at once. And it hits hard, as even a cursory understanding of economic history demonstrates.

Your ignorance is showing. Good luck with that.

and it is also a lie we don't have inflation NOW.
anybody compared the food prices 5 years ago and now?
not even mentioning gold

That's an excellent point. Food and energy prices are up big time...but of course, we don't include those in the official stats...

Interestingly, if we look at all the markets where prices are outpacing the overall rate of inflation, we see the those where government meddles most experiencing the worst inflation: healthcare, education, food, and energy. Meanwhile, where government meddles least, prices are dropping. This is not a coincidence.

Hyper inflation however, is another story. That fucks everything, everyone and every market. Societal collapse and or war inevitably follows. The only upside, it makes paying off the debt relatively easy...but oh so ugly.

 

[Vox]

One, you're lying. The "conservatives" never said "by now".

Two, that's the thing with monetizing one's own debt. The inflationary reaction doesn't happen gradually. It hits all at once. And it hits hard, as even a cursory understanding of economic history demonstrates.

Your ignorance is showing. Good luck with that.

and it is also a lie we don't have inflation NOW.
anybody compared the food prices 5 years ago and now?
not even mentioning gold

That's an excellent point. Food and energy prices are up big time...but of course, we don't include those in the official stats...

Interestingly, if we look at all the markets where prices are outpacing the overall rate of inflation, we see the those where government meddles most experiencing the worst inflation: healthcare, education, food, and energy. Meanwhile, where government meddles least, prices are dropping. This is not a coincidence.

Hyper inflation however, is another story. That fucks everything, everyone and every market. Societal collapse and or war inevitably follows. The only upside, it makes paying off the debt relatively easy...but oh so ugly.

very true. and that is the whole point.

 

[The T]

One, you're lying. The "conservatives" never said "by now".

Two, that's the thing with monetizing one's own debt. The inflationary reaction doesn't happen gradually. It hits all at once. And it hits hard, as even a cursory understanding of economic history demonstrates.

Your ignorance is showing. Good luck with that.

and it is also a lie we don't have inflation NOW.
anybody compared the food prices 5 years ago and now?
not even mentioning gold

That's an excellent point. Food and energy prices are up big time...but of course, we don't include those in the official stats...

Interestingly, if we look at all the markets where prices are outpacing the overall rate of inflation, we see the those where government meddles most experiencing the worst inflation: healthcare, education, food, and energy. Meanwhile, where government meddles least, prices are dropping. This is not a coincidence.

Hyper inflation however, is another story. That fucks everything, everyone and every market. Societal collapse and or war inevitably follows. The only upside, it makes paying off the debt relatively easy...but oh so ugly.

Reliving history...again...People will never learn...only pretend they can do it better...to find to their dismay...oh shit...we did it again...

 

[The T]

In March, Swiss voters backed some of the world's strictest controls on executive pay, forcing public companies to give shareholders a binding vote on compensation.

In our discussion about printing money we've forgotten about some part which Swiss did and which can be also transferred here - no need of adjustment for local specifics.

As it should be with any company...and that's an honor attribute that should be built in to ANY company...NO Gubmint needed. Since when do honorable people need government intervention?

 

[Vox]

“We learn from history that we do not learn from history”
― Georg Wilhelm Friedrich Hegel


p.s. sorry for reminding the banality, but apparently for some it should be a revelation