I guess there is no proof, but thats not really possible to prove. But what we can see is how much inflation the US has gotten just under the Fed, and then look at examples in the past like germany that used printing of the mark to pay of debts.
CableMonster
joined 9 months ago
Kind of, but if the US allows itself to just print dollars directly its directly going to turn to toilet paper.
I hear what you are saying, but that is changing, america is losing its strangle hold on the world. That became most evident with what we tried to do with Russia after their invasion and the cracks in our system are starting to become more obvious. Unless you think that the US will be the worlds reserve currency forever, there will be a time when it falls.
No they cant, that is illegal. You could say they will change the law so that they can do that, but that is not possible (in america) at this time.
How do they make money out of thin air?
What happens when they run out of people to sell bonds to and they run out of money to tax?
I get your point, but they cant just "print" currency so we could actually not be able to pay when people/countries stop buying the bonds or lose faith in the system.
The issue is what is defined as capitalism and communism. If by capitalism you mean the most powerful countries with the best weapons and foreign policy that kills people, then I guess capitalism kills lots of people. The caveat is that if a communist governmnet ever got that same amount of power, they would kill even more people. The issue with communism is that you cant disagree with it, whereas you can be as communist as you want in a capitalist country, typically.
Thats a seperate issue, that is central banks and over regulation of the housing market. This has devalued your wages and made housing too expensive. And the sad part is BOTH of the parties support these things (if you are an american).
I will give you the long and short of it; you guys are looking at the insignificant things that account for just a small amount of the problem (cue you googling and finding an alarmist article), the big problem is that its too expensive and hard to build. The reason it is too hard to build is 99% due to what the government does. More regulations will just make it worse.
One big thing you are missing is that I think the other side you are talking about is wrong also.
I dont have a side here, I literally do housing, and I fully understand every aspect of why its expensive. I dont care about narratives, I care about actual facts about why housing is not getting built. You guys are just repeating propaganda that falls apart under the most basic scrutiny. The problem is that if you are not able or willing to do that scrutiny then I am not going to help you, you have made your decision.
You guys should put in this much effort and hate to the government. Billionaires play very little role in my life, but the government is in every aspect, but for some reason we are focusing on them.