/biz/ - Business & Finance

yes welcome to reality.

literally yes

>>27352581
our entire society is zogged and jewed bro

These are different situations in that a "tax break" implies that there were taxable events. Ie that person made transactions that made a profit.

The other situation is printing money out of thin air and handing it out to civilians.
If you can't see these are different you are being disingenuous or you're a retard

>>27352713
so the communistfaggots were right all along? billionaires shouldn't exist? if everyone knows now capitalism is a jew trick what the fuck is the alternative?

>>27352976
Aren't most transaction non-productive, however?
Meaning this profit itself is out of thin air.

>>27352581
https://www.youtube.com/watch?v=toft6H11-a0&t=573s

Yes

>>27352581
WJYL

>>27352976
the difference is wagies immediately spend all of the money they have and corporations and billionaires don't. how are the rich not the root cause of inflation when most of their money is indefinitely floating up in the air? why shouldn't they be taxed to shit to stop inflation?

>>27352581
This is why conservatards confuse me, and I'm one myself.

>the govt “gives” people money
Wrong the govt only takes what belongs to citizens. Anything it is “giving” you was yours to begin with. Unless you’re a useless invalid who doesn’t do anything in life

>>27352581
>durr you mean increasing the money supply causes inflation but not increasing it doesn't?

Go back you absolute retard

Congrats you're a leftist now

>>27353885
I didn’t realize this thread was started by an idiot

>>27352581
First of all, the tax law you are complaining about doubled the standard deduction, which was an enormous boon for the lowest income people. Secondly, yes, retard, printing money creates inflation because it literally INFLATES the amount of dollars that exists, while lowering taxes does not.

>>27353885
What is it called when you have 1 silver coin that has 1gram of silver, but then the next version of the coin has .5g of silver but it's still called 1 silver coin?
The USD has been devalued to nothing and inflation is inevitable due to this, the collapse will come. It is okay. Just buy BTC and don't worry about stealing form Jeff Bezos because you don't like his stupid face you dumb retarded communist fuck.

>>27353536
If a transaction is not profitable for both the transaction would not happen, over a period of time.

>>27354233
want to know how i know you're a jew?

>>27354808
>let’s tax corporations!
Okay Jew commie

>>27352581
Tax money is given to billionaires for your protection. They know how to handle money.

>>27352581
NORMIE
SPAMMING
GLOW
FROGS
go home nigger

>>27354054
leftist with anti-semitic characteristics

>>27352581
Shit bait

>>27354808
>want to know how i know you're a jew?
You clearly don't know how inflation works and keep sprouting shit.

>>27353125
communism is the real jewish trick anon

>>27352581
>▶>>27353125
>yes welcome to reality.

This, by lowering the velocity of money you decrease inflation. prices can't up go if you don't spend it

>>27353990
how is trillions sitting in offshore banks accounts not increasing the money supply exponentially more than printing meager $2000 checks for fucking wagies?

>>27354777
I wasn't talking about profits, I was talking about production.
If profits increase but quantity goods stays the same, what is the consequence?

>>27352581
Jesus christ, we get it. You believe that Musk literally has a mattress on some remote island that he hides $200 billion+ under and that none of it is used in actual investments. You think all rich people are just Scrooge McDuck with vaults of gold and don't understand how worth can stem from anything else. Give it a rest already.

>>27355740
>how is trillions sitting in offshore banks accounts
Rich people don't store wealth in "just money"
>not increasing the money supply exponentially
If the money is just sitting there in an offshore account, it's effectively out of the money supply as it's not getting actively spent on goods/services and won't be anytime soon.

>>27355740
Bc that money is already made and exists. Are you dumb or just trolling?

>hurr durr, their assets aren't in money

Okay, then we'll seize the companies. Necessary infrastructure should not be in private hands. Oil, internet, electricity grid. Make them all publicly owned. We pay taxes for Comcast and verizon to build infrastructure, and they pocket all the profits.

>>27353125
Billionaires shouldn’t exist means the system where rich people get massive amounts of cash pumped into their net worth by the Fed pumping trillions to inflate assets (among other ways they give welfare bux to the rich) that are primarily owned by billionaires shouldn’t exist

>>27352581
>giving $2000 checks to wagies who spend their money immediately on monthly bills and paying off debt
this is good. The govt. finally gets to put its money where its mouth is.
Better start figuring out how to tax bilionaires, lol

>money being effectively removed from circulation doesn't cause inflation
Yes. Are you retarded?

>>27352581
The funniest thing is that cooperfag actually thinks the 2000$ checks are the reason for the market possibly crashing

>>27352581
Tax breaks doesn't artificially dump capital into the system diminishing it's worth. It frees up capital that was already there tard.

>>27360598
>wagies spending all of their money isn't removed from circulation
>jew billionaires sitting on their money unspent with no telling where or when or IF they'll spend it, is removed from circulation
are you a fucking imbecile?

Quantitative Easing swaps a banks bonds for a "reserve balance". Those balances earn 0.1% interest, paid by US taxpayers....

Total cost of the US taxpayercuck for interest on reserves paid to PRIVATE commercial banks
>2016 = $15 billion
>2017 = $30 billion
>2018 = $35 billion
>2019 = $39 billion
>2020 = not reported

Quantative easing was never meant for you. I was meant to be zeros on a balance sheet and then loaned out over time to working class.

>>27352581
>How does creating money which doesn't enter the economy not cause inflation?

>>27359306
>Communist on biz

retard alert

>>27353125
>>27359306
public run services are the most wasteful and inefficient though. nobody gives a fuck. hence the push for so-called stakeholder capitalism, because the ideal is to make people care for supposed public good, society. the same cunts will still be rinsing every opportunity with the same old excuses why you have to do without and they do not. it is the working and middle classes that provides the infrastructure for the rich. there are always circles of communism within communism. all animals are equal, but some animals are more equal than others. the mechanisms are pointless without oversight and enforcement. literal grass is greener for the cattle. governments will condemn loopholes that cost the taxpayers but actually do anything. like medicine, treat symptoms not causes. because the causes work for those who purport to act on behalf of the people who elect them to do so.

>>27356355
>You think all rich people are just Scrooge McDuck with vaults of gold

Yes

>>27352831
>our entire society
worse
>your mind is

>>27352581