/biz/ - Business & Finance

[Anonymous No.13104552]

Take the Yang pill and we'll all be rich

[Anonymous No.13104577]

>>13104552
I’m already voting for this dude and finding him

[Anonymous No.13104625]

>>13104552

>1k/month
>rich

Yikes...

[Anonymous No.13105394]

>>13104552

I can't believe this retards paid people to shill his 2020 platform on biz. How fucking pathetic and delusional do you have to be to actually do that? Fucking socialists...

[Anonymous No.13105401]

>>13105394
R E N T F R E E
E
N
T

F
R
E
E
>>13105394

[Anonymous No.13105428]

>>13105394
Right? He saw how /pol/ benefited Trump with memes and thought he could hire some mTurks to replicate the results. Nobody informed him inorganic paid shilling is sniffed out instantly.

Also, this is a dead shit board. Total waste of money.

[Anonymous No.13105432]

>>13105394
Wonder if they have a separate art team

[Anonymous No.13105436]

>>13105401
What the fuck are you talking about?
If UBI is implemented rents will fucking spike.
Every slum lord will know their dead beat renters are getting an extra grand a month, why not double the rent?

[Anonymous No.13105452]

>>13105428

What will constituents think when they find out he advertises primarily on an Australian jelly fish watching forum? Not very impressive if you ask me.


>>13105432
Who knows, it doesn't seem very original though.

> Yang and Clinton 2020

[Anonymous No.13105474]

>>13104552
No thanks discord trannie

[Anonymous No.13105477]

>>13104552
source on the video the screenshot is from?

[Anonymous No.13105513]

YANGCONNEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEECT!!!!!!!!!!!!!!!

[Anonymous No.13105522]

>>13104625
>thinking OP was referring to UBI
How do you think the government is going to automate all the agreements it has with each of it's citizens to pay them $1k/month. Hmm... an automatic agreement? What would be the value in a network that allows automatic agreements to be executed trustlessly?

[Anonymous No.13105528]

So $1000 becomes the new $100? And everything you bought before is worth 10x less, rich money stops investing and the US crumbles to pieces. Yang gang, the chinks last hail Mary attempt at dethroning America.

[Anonymous No.13105532]

>>13105528
>muh inflation

[Anonymous No.13105538]

>>13104552
> short everything
> yang win
> the economy crashes
> you're now rich

[Anonymous No.13105576]

I can't wait to get universal basic income so I can play video games and eat tendies all dayyyyyyy

[Anonymous No.13105585]

>>13105532
Inflation comes from speed of commerce first then increasing money supply. I’m still going to vote for yang though

[Anonymous No.13105608]

[Anonymous No.13105791]

Voting for yang. See no better options at this point

[Anonymous No.13105817]

1000 china hustles will come your way if you vote for le based chinaman

[Anonymous No.13105827]

Yang is literally the only one to say "white people" in a non-negative context, so he has my vote.

[Anonymous No.13106253]

>>13104552
Pretty genius campaign strategy honestly. It's a simple outcome normies can understand: I vote for this guy and I get $12k a year. Easy decision.

[Anonymous No.13106258]

>>13106253
The presidential election after that will be a bidding war. Whoever can squeeze the balance sheets the most wins.

[Anonymous No.13106259]

>Not knowing that all people who's Yang UBI surpasses their income will be sterilized.
I welcome this.

[Anonymous No.13106282]

Vote Yang

Or we will take your all your money (pic related)

[Anonymous No.13106318]

>>13105532
the vat will never reciprocate the total value of the UBI money pumped into the economy.
even in the case it does, it won't stop slumlords doubling their rent rates to suck up all that loose money.
meanwhile, iphone and nike sales will grow exponentially, further funneling money into the hands of a very few companies that have throttled the market through outsourcing and marketing.

nobody will be better off

[Anonymous No.13106364]

[Anonymous No.13106367]

.

[Anonymous No.13107266]

>>13105394
>socialists
You don't actually understand what that word means do you?

[Anonymous No.13107291]

Sage. Stop astroturfing old memes yangshills.

[Anonymous No.13107497]

>US budget 4 trillion
>UBI 2 trillion.

[Anonymous No.13107903]

Actually I've been thinking if yang does become president it would actually be insanely bullish for BTC. Imagine how many wagecuck anons can put 1k into crypto every month.

And if it does crash the economy it would also be bullish for crypto

[Anonymous No.13107919]

>>13104552
>paid commie shilling on a website that is alt-right and majority libertarian
wew

[Anonymous No.13107933]

I think ubi could go terribly or wonderfully but either way lets give it a try

[Anonymous No.13107942]

>>13104552
>$1000/mo
>rich
you losers are funny

[Anonymous No.13107945]

turning 30 this year and i'm registering to vote for the first time. the first gamer president wants to give me $1000 a month AND pump btc to 100k?

[Anonymous No.13107989]

>>13104552
what is this shill shit

[Anonymous No.13108004]

I'm in my 30's and I made less than $12k each year for the past 2 years. I would love to have $12k extra each year. Yang has my vote.

[Anonymous No.13108266]

So the UBI tax is supposed to be 10% for 1k/mo for everyone. So if you make over 120k/yr pretax you are paying more in than out.

So now we'd have a salary cap at 120k and I suspect we'd see alot more payments made in stock options for high salary workers. The smartest thing to do would be to reinvested in equities and noninflationary assets since our buying power will be eroded to nothing once Jamal and the NEET gang start buying quality goods en masse.

Then we'll see a migration of high net worth individuals and entities from the country and an influx of unskilled immigrants seeking gibs because I sincerely doubt they're going to find employment in the US at that point.

UBI would destroy this country within a decade.

[Anonymous No.13108317]

>>13108266
This is clear for all to see. Why is everyone so retarded anon and not as smart as you?

[Anonymous No.13108539]

>>13108317

Because they're fucking retards and can't see the bigger picture

[Anonymous No.13108551]

>>13105436
d-do you not have renters rights in America?

[Anonymous No.13108588]

>>13105532
>And this UBI money would come from a vat on existing money in our economy right?
>Yup
Potentially wrong. We don't know how the government could do this. There are THREE possibilities:
1. They could just print more money which would cause a more rapid inflation
2. They could raise taxes which would screw people with a higher salary over. For example while I may get +$1,000/month, I would probably have to pay an extra $2,000/month in taxes which is an overall loss for me
3. They could reduce spending elsewhere in the budget, or entirely cut social programs in order to allocate funds for UBI
If it's option #1 or #2, I would never vote for Yang. If it's option #3, then I would vote for Yang.

[Anonymous No.13108607]

BASED YANG $1000 A MONTH BASED BASED WE'LL PAY AN ADDITIONAL 10% SALES TAX TO COVER 25% OF IT AND JUST PRINT THE REMAINING 75% ADDING ONLY $2.7 TRILLION DOLLARS TO WHATEVER THE DEFICIT ALREADY IS A YEAR SO BASED WHY DIDN'T ANYONE ELSE THINK OF THIS WOW

[Anonymous No.13108611]

>>13108588

According to their website, they would cut food stamps and welfare and impose a 10% flat tax across the board. So a consolidation of welfare programs and an additional tax hike.

[Anonymous No.13108616]

>>13108588
>If it's option #3, then I would vote for Yang
I should reiterate. I might vote for Yang, but most likely not due to the reasoning in this post >>13108266

[Anonymous No.13108623]

>>13108539

[Anonymous No.13108685]

>>13108266
>So now we'd have a salary cap at 120k
That makes absolutely no sense

[Anonymous No.13108701]

This shit is already annoying. Imagine how bad it's going to be as we get closer to the election.

[Anonymouse No.13108712]

>>13104552
This meme could only possibly be the result of a half-assed content farm.

Absolute garbage. Unequivocal dreck. No joke, no point, literally presents the viewer as a porn star.

I don't know what he's paying you, but it's far too much.

[Anonymous No.13108993]

>>13108685

Because my making more than 120k you move beyond your breakeven price with UBI and you're getting nothing back. Why would you accept more than 120k in the form of income and stay in the united states? What's the incentive?

[Anonymous No.13109222]

>>13108993
>what’s the incentive to make 500k if you have to pay more taxes
Do you even hear yourself mate

[Anonymous No.13109300]

>>13104552
>taking advice from a discord tranny

[Anonymous No.13109331]

>>13109222

What I'm saying is, why not move and make that money in a country with better tax incentives?

[Anonymous No.13109338]

>>13105522
Checkin those Linkpilled double dubs. Fuck Yang though.

[Anonymous No.13109343]

>>13105436
Are you retarded? Landlords don't decide rent prices, the market does. You can't jump from 10% to 110% profit margins if literally any other investors can jump in and compete with you.

[Anonymous No.13109379]

>>13105394
Dumb closed minded retard. There are various trials that have been done and are planned on being done for UBI. Done from various countries.
If there was no potential, why the FUCK would these trials be a thing then? Hmm maybe because the economy isn't as simple as your puny brain thinks it is?

[Anonymous No.13109394]

>>13109343
not to mention that the landlord would be a greedy fucking dickhead to be receiving the 1k from ubi and still try to swindle it out of his poor tenants, the point of ubi is to make life better/easier for everyone not to make everyone rich...

[Anonymous No.13109401]

>>13107266
He doesn't. He probably thinks the Nordic countries are socialist too. Probably a dumbass Trumptard.

[Anonymous No.13109503]

>>13109343
It's funny how you mistakenly believe you understand market competition only in the context of everyone getting a predictable stipend of $1000 a month and somehow not a moment before. Not only will there be inflation of the currency in the literal sense as the VAT sales tax that consumers (i.e. (You) ) will be paying covers only 25% of the proposed additional expenditures (which rival the entire current annual budget on their own), but price increases will exceed this inflation rate as they have in other industries where the government is the most (((generous))); healthcare and education.

>>13109379
You're the grug brained retard here, and you're a gay homosexual faggot too; how about that, huh? All of the UBI trials you could possibly cite are abject failures and if you had an ounce of critical thinking left in your druggie burnout brain you'd have already realized that.

How does giving a few thousand geographically segregated people a couple hundred dollars a month amongst an economy of millions not receiving that couple hundred dollars a month simulate UBI in any way, shape or form, particularly when we already have benefits spending affecting millions already? It doesn't.

The "UBI studies" are a complete unscientific joke that you'd have to be an absolute retarded moron idiot dumbass to allude to with any sincerity.

>>13109401
Norway taxes its citizens so extensively that the government maintains a fund worth $200,000 per person it could give away to each citizen all at once or selectively, and it doesn't, even though they have a homeless rate similar to the U.S.

LOOOOOOOOL

[Anonymous No.13109519]

I’m voting for Yang. If Ken Griffen gets a 200 million bailout I deserve 1k per month. UBI is a fair path forward.

I am a former drumpftard. It’s sad

[Anonymous No.13109538]

>>13109331
Even with UBI the USA would have a better tax rate than most of Europe
Would you rather have your tax dollars go directly to the government, or spread out evenly among the population?

[Anonymous No.13109554]

>>13109503
Okay. You're retarded.

Your arguments had no substance. They were long winded rants of "nanana I'm not LISTENIIING!!!" and "ubi is always wrong just cuz I say so".

Keep being stupid, just don't vote in 2020.

[Anonymous No.13109555]

>>13108685
>>13109222
this already happens even without UBI
>why do they do business in Singapore

[Anonymous No.13109568]

>>13109554
The majority of the country is poor and retarded. Watch how quickly UBI gets popular

[Anonymous No.13109581]

>>13109503
>healthcare and education

Oh yes, those absolute bastions of free market exchange. High prices definitely because of tax money contributions, not being choked with endless protectionist regulations.

[Anonymous No.13109613]

>>13109568

That's what I'm thinking happens. They're going to vote us all into poverty. So the bigger question is how do we protect what we already have.

[Anonymous No.13109627]

>>13109554
>make shitty argument based on asinine "studies" done by economic retards that are less representative of UBI than existing benefits programs are
>get called out on your bullshit
>admit that you're ostensilbly illiterate while claiming an argument you're too stupid to understand has no "substance"

leave this thread lmao

[Anonymous No.13109644]

$1000 a month would cause massive inflation and your $1000 would become worthless
also it would destroy the economy

do you retards not understand this?

[Anonymous No.13109652]

>>13109627
It doesnt. There are test runs being done that show promise and you just ignore them and say "don't care".

dunning kruger effect

[Anonymous No.13109653]

>>13109343
>Landlords don't decide rent prices, the market does.
Yes, and what happens when you dramatically increase demand without increasing supply dipshit?

[Anonymous No.13109658]

>>13109644
Most limitations on food, shelter, etc are artificial. All digital limitations are artificial.
Robots will increase these limits 1000x
Your argument makes no sense.

[Anonymous No.13109660]

>>13109644
No, retard. Inflation wouldn't be a thing since money would be reallocated, it wouldn't come from printed money

[Anonymous No.13109681]

>>13109652
these tests were absolute bullshit lol
I actually want UBI to be implemented because I want you pieces of shit to become poor as fuck

kill yourself bootlicker

>>13109658
>Most limitations on food, shelter, etc are artificial.
No they're not, the working class consumes 99% of these things.
How would giving them 1k magically make them consume more of these things
kill yourself central bank bootlicker

>>13109660
>Inflation wouldn't be a thing since money would be reallocated
inflation is always a thing

>it wouldn't come from printed money
HAHAHAHAHAHA
It doesn't fucking matter.
Price increases don't necessarily come from printing money.
If all the rich people in the economy gave their money to the working class it would simply cause massive price increases because the working class already consumes 99% of all consumer goods.

holy shit just kill yourself central bank bootlicker

[Anonymous No.13109686]

>>13109652
>dunning kruger effect
a yangcuck actually saying this lmao

[Anonymous No.13109690]

>>13109652
Post one and explain how it is a better predictor for human behavior under UBI than existing benefits spending would be. You won't be able to, so just post one.

>>13109660
VAT only covers 25% of the additional expense (800,000,000~), the remaining 75% would have to be printed.

[Anonymous No.13109703]

going to have to take democracy away before the useful idiots destroy everything

[Anonymous No.13109704]

>>13109690
>VAT only covers 25% of the additional expense (800,000,000~), the remaining 75% would have to be printed.
THIS

Why do Yangcucks exist

because economics isn't taught in schools sadly, what a joke our society is

[Anonymous No.13109723]

>>13109681
How are the tests bullshit, retard? Dunning kruger effect in action

>it would simply cause massive price increases because the working class already consumes 99% of all consumer goods.
More disposable income = more demand = more spending

Giving more money to the poor and middle class would boost the economy.

Cite a source showing how this would not be the case


Kys, retard

[Anonymous No.13109731]

>>13109686
Your argument was literally "fuck test trials. I'm right, they're wrong"

That's a dunning kruger effect, dumbass retard

[Anonymous No.13109744]

>>13109690
Here's one https://youtu.be/kl39KHS07Xc

1:51 very short video. Takes into account inflation argument, lists benefits such as more people going to school to get a skill, how working hours weren't reduced significantly, etc.

They also have various sources on their description

[Anonymous No.13109753]

>>13109704
So let's vote for that retard trump that believes giving tax cuts to the rich is the way to go, huh? https://www.reuters.com/article/us-usa-economy-investment/1-5-trillion-u-s-tax-cut-has-no-major-impact-on-business-capex-plans-survey-idUSKCN1PM0B0

[Anonymous No.13109767]

>>13109653
>same amount of money in economy
>same number of people needing a place to live

Having money is not increased demand moron. And what makes you think supply wouldn't increase? Minimum wagecucks cease to be tied geographically to their place of employment, opening up a market for housing development on cheap land farther from cities.

If somehow landlords are able to take significantly increased profits from rent, investors will want in and build more housing until that profit is back to equilibrium.

[Anonymous No.13109770]

>>13109690
VAT wasn't the only way, idiot. He has a plan to implement 4 things and printing money isn't one of them

[Anonymous No.13109773]

>>13109723
>How are the tests bullshit, retard?
because they only gave the money to a small number of people and not the entire population, all this did is transfer wealth from everyone else to this select group of people that got the money, fucking over everyone else but benefitting this small group of neets
so of course this small group of people are going to be better off.

if you gave ubi to everyone, it would just cause massive price increases and nobody would be better off
it's the dumbest idea I've ever heard and just goes to show what a lack of economic literacy has done to our society
sickening

>More disposable income = more demand = more spending
This isn't necessarily a good thing you keynesian brainlet.
Demand for the sake of demand just causes price increases, the supply did not increase.
The keynesian "multiplier" is a joke.
you brainlets suck the central bank/federal reserve's cock because you're fucking stupid

>>13109731
>Your argument was literally "fuck test trials. I'm right, they're wrong"
not him, but no, see above, retard

[Anonymous No.13109785]

>>13109744
>Kurzgesagt
OH NO NO NO NO NO NO
The same group that made videos about how pouring millions of migrants into europe is a good thing lmao

>>13109753
Small tax cuts on the rich are fucking irrelevant you brainwashed moron.
Government spending levels(which the commie faggot trump has increased dramatically) are far more important,
the effect of central banking on the economy is far more important than slight tax cuts

[Anonymous No.13109796]

>>13109767
>Having money is not increased demand moron.
when people go to spend it, it is, stupid.

>And what makes you think supply wouldn't increase?
Why would businesses build more housing units?

Also, prices for everything in the economy are going to dramatically increase thanks to ubi, why wouldn't landlords increase their rents?
They would get FUCKED OVER if they didn't increase their rents to the new price level

[Anonymous No.13109798]

>>13109773
>it would just cause massive price increases and nobody would be better off
i think that depends on the ability to export your inflation. since there is large foreign demand for the USD, i think we'd be somewhat better off.

i do worry that this type of inflation export could make the US lose it's reserve currency status sooner vs. later, which some foreign governments would obviously love to see. i'm not sure if this is the angle that the accelerationists are aiming for, but it could be.

[Anonymous No.13109800]

>>13109773
>goes to show what a lack of economic literacy has done to our society
sickening

Ya, you know more than all these economists, huh? Dunning kruger effect

Also, how do you think jobs are created in the first place, retard?
Demand.
Businesses hire based on demand, not on some whim. Ya, fuck jobs, huh?

Fucking moron.

>not him, but no, see above, retard

See the vid for an example of a test run, faggot retard.

Ubi would only "hurt" those that are extremely well off anyways, faggot. Brainless republican.

[Anonymous No.13109808]

I SOOOOOOO want UBI to be implemented because I support accelerationism.
The economic collapse couldn't come any sooner.

[Anonymous No.13109825]

>>13109785
1. Ya nice counter argument to the vid. Holy shit kys

2. "Small tax cuts on the rich are fucking irrelevant you brainwashed moron."

How is it irrelevant? You're basically alluding to voting for trump again and that's his fucking policy, retarded dumb fucker.

>Government spending levels(which the commie faggot trump has increased dramatically) are far more important,
the effect of central banking on the economy is far more important than slight tax cuts

70% of GDP is accounted for by consumption, fucking retard

[Anonymous No.13109828]

>>13104552
>implying that the free market won't immediately expand goods and services to absorb the extra influx of capital
>implying that giving more money away will stimulate creativity and production
>implying that the gibs from the state will not multiply to Weimar levels with successive Leftists trying to outdo one another through election cycles
>implying that taking the Yangpill is not the first step to Chinese takeover of the US and the disintegration of the remnants of our society

Remember what destroyed the black American family unit? "The Great Experiment," in the 1960s, which tried to protect single mothers. You know what it did? It incentivized single mothers, and removed fathers from the picture, causing two generations of American blacks to shatter themselves uselessly against the rocks of the inner cities for decades, in drugs, in hopelessness, and in crabs-in-a-bucket competitive tribalism.

[Anonymous No.13109844]

>>13109798
>i think that depends on the ability to export your inflation. since there is large foreign demand for the USD
actually this is true
USA has the world reserve currency so we can export our inflation and exploit other nations, isnt it great

too bad if we implemented UBI the world reserve status would go away because people wouldn't put up with this shit anymore

the dollar would collapse

>>13109800
>Ya, you know more than all these economists, huh?
I do. The field of economics is a fucking joke btw, there are many economic fields competing with each other and you're an idiot if you think it's one unified field like mathematics

>Dunning kruger effect
This is you though.

>Also, how do you think jobs are created in the first place, retard?
>Demand.
AND supply, you also need supply

>Businesses hire based on demand, not on some whim.
Just demand for the sake of demand is not a good thing.
You are artificially increasing demand which will only result in price increases and nobody will be better off.
Why don't you understand this?

>See the vid for an example of a test run, faggot retard.
How does anything in the vid contradict anything I said?
Explain yourself bootlicker.

>Ubi would only "hurt" those that are extremely well off anyways
LOL The working class consumes 99% of all consumer goods.
It would primarily hurt the working class most of all because they are the primary consumers of the goods that will go up in price.

Eat shit central bank cuck.

[Anonymous No.13109855]

>>13109825
>How is it irrelevant?
They barely have any economic effect.
Government spending levels and central banking are far more important.

>You're basically alluding to voting for trump again and that's his fucking policy
I voted for Ron Paul twice and voted for Rand Paul in the primaries, stupid.

>70% of GDP is accounted for by consumption, fucking retard
Too bad GDP is a bullshit number anyway lol

[Anonymous No.13109865]

Can you believe how stupid these yangfags are?
I mean they literally HATE the field of economics and believe it's evil or something.
They worship central banking like the good bootlickers they are.

[Anonymous No.13109873]

>>13109796
>Why would businesses build more housing units?
Money, duh. Same cost, more profit, if rents go up. Or just lower cost (cheaper land, geographic mobility), same profit, if prices stay the same. Why would you expect investors to leave money on the table?

>Also, prices for everything in the economy are going to dramatically increase
Same amount of money in the economy so no that makes no sense.

[Anonymous No.13109886]

>>13109808
Osaka is NOT an anarchist

[Anonymous No.13109894]

>>13106318
>slumlord Herschel raises your rent by $1k
>slumlord Moishe across the street only raises your rent by $900
>to undercut Moishe, Herschel drops his rent by $200
>repeat until the price returns to what it was before
Competition still exists

[Anonymous No.13109896]

>>13109873
>Money, duh.

>Same cost, more profit, if rents go up.
Except the cost increases, the price of capital increases, the amount of money needed to enjoy the things you want to purchase with the profits from being a landlord dramatically increases.
This doesn't help landlords whatsoever, they would be forced to raise rents.

>Same amount of money in the economy so no that makes no sense.
Wow you're dumb.
Do you think price increases only happen when the government prints money?
No.
If the government takes more money from rich people who were previously SAVING IT(ie. holding down prices by not consuming), and gives it to the working class who will then SPEND IT, then there is obviously more money circulating in the economy, prices will increase for everything.
Prices will first increase for consumer goods, ironically fucking over the working class the most.

[Anonymous No.13109901]

>>13109808
>want economic collapse
>vote for yang
>gets elected
>somehow it actually works and everyone lives in neetland happily ever after

[Anonymous No.13109908]

>>13109886
Yeah she is desu.
So is Renge Chon.

[Anonymous No.13109915]

>>13109901
>>somehow it actually works
Yeah and gravity stops working and we can all FLY.
I can't wait for the laws of reality to magically change when yang gets elected.

[Anonymous No.13109925]

>>13109915
using value generated from automation to pay people has never been done before

[Anonymous No.13109932]

>>13109519
>I am a former drumpftard. It’s sad
This, but we can't deny that he's a race-traitor.

[Anonymous No.13109936]

>>13109925
>using value generated from automation
The value generated from automation is already realized in the economy.
There is no "hidden value" the capitalists are taking from you.

Also we are nowhere CLOSE to full automation you gigantic moron.

ALSO, the only way to actually realize the benefits of automation is to abolish central banking so prices go down, real wages go up and the working class can actually save money again.
But you're too much of a cuck to want that you cuck.

[Anonymous No.13109950]

>>13109936
didn't read
gonna vote for yang lol

[Anonymous No.13109952]

>>13109908
Your posts continue to show your ignorance. I'm voting Yang

[Anonymous No.13109958]

>>13109950
>gonna vote for yang lol
Good. Either way I win.
I want the economy to collapse.

>>13109952
>I'm voting Yang
Good. Either way I win.
I want the economy to collapse.

[Anonymous No.13109960]

>>13109844
>I do. The field of economics is a fucking joke btw, there are many economic fields competing with each other and you're an idiot if you think it's one unified field like mathematics

Dunning kruger effect

>This is you though.
Nope. You are the one simply saying "I know more than economists and years of research. "Me smart".

>AND supply, you also need supply

"In monetary economics, leading theory states that inflation is based on changes in the supply of money."

UBI wouldn't change the supply of money so no inflation would occur.

Are you saying monetary economics is bullshit?
Again, dunning kruger effect aka you're an idiot

>Just demand for the sake of demand is not a good thing.
>You are artificially increasing demand which will only result in price increases and nobody will be better off.
>Why don't you understand this?

I don't understand this because you are saying inflation would occur even though the supply of money would not change

>How does anything in the vid contradict anything I said?
This is whay YOU said "Post one and explain how it is a better predictor for human behavior under UBI than existing benefits spending would be"
I even explained on the same post how it caused people to go back to school or looking for better jobs.
So yes, already did this.

>Explain yourself bootlicker.
You're the republican, not me.

>LOL The working class consumes 99% of all consumer goods.
>It would primarily hurt the working class most of all because they are the primary consumers of the goods that will go up in price.

Again, read above. No change in supply of money = no inflation

Dumb retard.

[Anonymous No.13109971]

>>13109936
>abolish central banking so prices go down, real wages go up and the working class can actually save money
Okay which candidate is going to abolish central banking? None of them? Okay, since I can't abolish central banking, I'll have to settle for $1000.

[Anonymous No.13109973]

>>13109958
good, either way I win. I want $1000 neetbux

[Anonymous No.13109988]

UBI just dilutes the money supply and further enriches people with tangible assets. Make sure you take out as much credit and mortgages as you can before Yang, then you can inflate away those debts

[Anonymous No.13110004]

>>13109896
>Except the cost increases, the price of capital increases, the amount of money needed to enjoy the things you want to purchase with the profits from being a landlord dramatically increases.
>This doesn't help landlords whatsoever, they would be forced to raise rents.
The fuck? Anon, the profit a company makes is not a function of how much their CEO needs to afford his lambo payments. They make the most profit they can regardless. Please take an economics class or something.

>If the government takes more money from rich people who were previously SAVING IT(ie. holding down prices by not consuming)

>he thinks rich people hodl USD

jesus christ

[Anonymous No.13110006]

>>13104552
>fiat
>rich
lmao

[Anonymous No.13110016]

>>13109901
Reminder that Fresco and Apu are both psyop demoralization memes meant to deweaponize Pepe's effectiveness.
Who could be behind this? Who...indeed?

[Anonymous No.13110022]

>>13109960
>Dunning kruger effect
Yes, you are accurately explaining what is happening to yourself. Congratulations.

>I know more than economists and years of research.
I actually do though.
Frequently throughout history the experts were dead wrong.
Low IQ people like yourself have a very authoritative view of knowledge and only trust "le experts" who turn out to be dead wrong most of the time.

>"In monetary economics
Who gives a shit about monetarism, milton friedman was a keynesian cuck.

>inflation is based on changes in the supply of money."
>UBI wouldn't change the supply of money so no inflation would occur.
I literally just fucking refuted this here and you didn't respond:
Do you think price increases only happen when the government prints money?
No.
If the government takes more money from rich people who were previously SAVING IT(ie. holding down prices by not consuming), and gives it to the working class who will then SPEND IT, then there is obviously more money circulating in the economy, prices will increase for everything.
Prices will first increase for consumer goods, ironically fucking over the working class the most.

>Are you saying monetary economics is bullshit?
Absolutely, the austrian school are the real economists.

>I don't understand this because you are saying inflation would occur even though the supply of money would not change
I already explained this and you refuse to acknowledge this.

>I even explained on the same post how it caused people to go back to school or looking for better jobs.
No shit it worked on a tiny group of people, I already explained this here:
>>13109773

>You're the republican
No, I'm a free market white nationalist.
You're the one that supports central banking.
I don't know why you bootlickers enjoy being poor.

>No change in supply of money = no inflation
I already debunked this.

[Anonymous No.13110023]

>yfw there's incels who come to hyper capitalist cigar afficanido SharePoint to shill for someone who knows automation is going to eliminate 40% of jobs, but still insists on importing people

I'll pass. He's either too stupid or to scared to address the immigration issue. Plus 1k per adult is pretty unsustainable.

[Anonymous No.13110032]

>>13109971
>Okay, since I can't abolish central banking, I'll have to settle for $1000.
Sure.
Your $1000 will be absolutely worthless though, I hope you will understand this.

The only reason to vote for Yang is to collapse the government.

>>13109973
see above

[Anonymous No.13110052]

>>13110004
>the profit a company makes is not a function of how much their CEO needs to afford his lambo payments
It's partially effected by that.
Do you even know what an economic incentive is?

Also if the price of capital increases enough, the landlords will be forced to raise prices, if they don't they won't make any profit.

>>he thinks rich people hodl USD
They fucking do, you absolute brainlet.
STOCKS AND BONDS ARE ALSO PRICED IN USD YOU FUCKING IDIOT

[Anonymous No.13110056]

>>13110032
>see above
doesn't matter, got $1000

[Anonymous No.13110070]

I wish Ron Paul was still a candidate and there was a mass grass roots movement to abolish the federal reserve.

Now all we get are these cucks like Yang that want to give the fed more power.

[Anonymous No.13110082]

>>13110056
>doesn't matter, got $1000
Which will be worth $0.

:^)

[Anonymous No.13110096]

>>13109770
how the fuck is he going to pay for it then?

[Anonymous No.13110099]

>>13110082
When you go to sleep I will get the last word haha
wagie can't compete with the neet

[Anonymous No.13110113]

>>13110099
You still will be getting the equivalent of zero dollars.
I don't understand your point.

[Anonymous No.13110115]

>>13107989
Its discord trannies from pol thinking they can spread their cancer here. Lite do they know we only care about shitcoins. Also. fuck any asian with their china hussle.

[Anonymous No.13110127]

>>13109503
Wonder if they gave each citizen 1000 bucks in a retirement account. like literally adding it to one's 401k. incentivized to save. less liquid so less inflation. retards could have access to it by taking the penalty.

and i mean a real personal account. not like OASI where you're sort of promised some magic number.

[Anonymous No.13110133]

>>13110127
All this would do is cause massive inflation down the road when people actually spend that money.

[Anonymous No.13110158]

>>13109960
>what is the velocity of money?
If i leave 100 bucks in the bank. Nothing happens
If I spend 100 bucks at some kid's lemonade stand, he'll raise his price from 25 cents to 50 cents. Money supply didn't change, but inflation went up based on what I did with it.

[Anonymous No.13110160]

>>13110022
>Yes, you are accurately explaining what is happening to yourself. Congratulations.

I explained how you are. Now explain how it applies to me, asshat?

>I actually do though.
>Frequently throughout history the experts were dead wrong.

Is that so? What's your job and degree in? You have a phd?

>Who gives a shit about monetarism, milton friedman was a keynesian cuck.

So... what model do you use?

>then there is obviously more money circulating in the economy, prices will increase for everything.
Yes.
>Prices will first increase for consumer goods, ironically fucking over the working class the most.

Let me ask you something. Do you think more disposable income is a bad thing? Answer that bit.

>Absolutely, the austrian school are the real economists.
Not biased at all. Tell me more of the model you use the analyse the economy

>I already explained this and you refuse to acknowledge this.
Ditto to you

>No shit it worked on a tiny group of people, I already explained this here...

"Wealth from everyone else"
Huh?
The government gave money to a group of citizens. Yes. But that isn't going to be the main way it would be funded so when actually implemented, it wouldn't "fuck everyone else over".

>I already debunked this.
No you didn't LMAO. All you said was 1) "monetary economic theory is bullshit" and 2) prices WILL rise and inflation WILL occur

Here's what yang response is
>..there will still be competition between firms that will keep prices in check. Over time, technology will continue to decrease the prices of most goods where it is allowed to do so (e.g., clothing, media, consumer electronics, etc.). The main inflation we currently experience is in sectors where *automation has not been applied* due to government regulation or inapplicability – primarily housing, education, and healthcare"

So basically, competition + automation = lower prices

Eat a bag of dicks

[Anonymous No.13110169]

>>13109936
>There is no "hidden value" the capitalists are taking from you
Dumb dumb, that money is currently paying truck drivers and other workers.
There is no difference between paying a man to do the job and having a robot do it while distributing that salary to everyone else.
The worst case scenario is money gets devalued and we're back to the situation we're in right now.

[Anonymous No.13110172]

>>13110113
>You still will be getting the equivalent of zero dollars.
How so?
>muh inflation
We currently add 2 trillion dollars to our debt every year. How would adding 4 trillion dollars (UBI - VAT = 2 trillion) to our debt every year change things?
With the 2 trillion we're ALREADY floating every year we get
>nigger welfare
>spic welfare
>boomer welfare (social security)
>Israel welfare
>jewish bank bailouts
>wars for Israel
>medical welfare for boomers and poor minorities
These ALL make up the $2 trillion Federal Reserve funbucks we're floating each year. As soon as the White man MIGHT have a chance to get some of that money all of a sudden it's OYYYYYY VEEEEEY MUH HYPER INFLATION! MUH SOCIALISM! MUH CHINESE MENACE!
Go fuck yourself. Even if your argument that deficit spending = inflation were true, we'd ALREADY be inflating at $2 trillion per year so UBI would only double our current rate of inflation.

[Anonymous No.13110177]

>>13110022
>Yes, you are accurately explaining what is happening to yourself. Congratulations.

I explained how you are. Now explain how it applies to me, asshat?

>I actually do though.
>Frequently throughout history the experts were dead wrong.

Is that so? What's your job and degree in? You have a phd?

>Who gives a shit about monetarism, milton friedman was a keynesian cuck.

So... what model do you use?

>then there is obviously more money circulating in the economy
Yes
>prices will increase for everything.
that would actually decrease due to competition between companies
>Prices will first increase for consumer goods, ironically fucking over the working class the most

Let me ask you something. Do you think more disposable income is a bad thing? Answer that bit.

>Absolutely, the austrian school are the real economists
Not biased at all. Tell me more of the model you use the analyse the economy

>I already explained this and you refuse to acknowledge this
Ditto to you

>No shit it worked on a tiny group of people, I already explained this here..

"Wealth from everyone else"
Huh?
The government gave money to a group of citizens. Yes. But that isn't going to be the main way it would be funded so when actually implemented, it wouldn't "fuck everyone else over".

>I already debunked this.
No you didn't LMAO. All you said was 1) "monetary economic theory is bullshit" and 2) prices WILL rise and inflation WILL occur

Here's what yang response is
>..there will still be competition between firms that will keep prices in check. Over time, technology will continue to decrease the prices of most goods where it is allowed to do so (e.g., clothing, media, consumer electronics, etc.). The main inflation we currently experience is in sectors where *automation has not been applied* due to government regulation or inapplicability – primarily housing, education, and healthcare"

So basically, competition + automation = lower prices

Eat a bag of dicks

[Anonymous No.13110178]

>>13110158
>If I spend 100 bucks at some kid's lemonade stand, he'll raise his price from 25 cents to 50 cents
Why wouldn't you go across the street to a different kid who's still selling it for 25c?

[Anonymous No.13110181]

>>13110158
>If i leave 100 bucks in the bank. Nothing happens
No, the bank spends most of it on loans etc.

[Anonymous No.13110182]

>>13106258
Good. Finally, a valid use of the (((free market))).

[Anonymous No.13110185]

>>13110022
>Yes, you are accurately explaining what is happening to yourself. Congratulations.

I explained how you are. Now explain how it applies to me, asshat?

>I actually do though.
>Frequently throughout history the experts were dead wrong.

Is that so? What's your job and degree in? You have a phd?

>Who gives a shit about monetarism, milton friedman was a keynesian cuck.

So... what model do you use?

>then there is obviously more money circulating in the economy, prices will increase for everything.
Yes.
>Prices will first increase for consumer goods, ironically fucking over the working class the most.

Let me ask you something. Do you think more disposable income is a bad thing? Answer that bit.

>Absolutely, the austrian school are the real economists.
Not biased at all. Tell me more of the model you use the analyse the economy

>I already explained this and you refuse to acknowledge this.
Ditto to you

>No shit it worked on a tiny group of people, I already explained this here...

"Wealth from everyone else"
Huh?
The government gave money to a group of citizens. The way it will be funded wouldn't "fuck everyone else over".

>I already debunked this.
No you didn't LMAO. All you said was 1) "monetary economic theory is bullshit" and 2) prices WILL rise and inflation WILL occur

Here's what yang response is
>..there will still be competition between firms that will keep prices in check. Over time, technology will continue to decrease the prices of most goods where it is allowed to do so (e.g., clothing, media, consumer electronics, etc.). The main inflation we currently experience is in sectors where *automation has not been applied* due to government regulation or inapplicability – primarily housing, education, and healthcare"

So basically, competition + automation = lower prices

Eat a bag of dicks

[Anonymous No.13110185,1]

>>13109538
> This brainlet thinks every millionaire would move to fucking Ireland to avoid taxes.

When you get paid in millions, do you think a move from 31% to 41% is extreme? How are you supposed to keep that steady income if you move to another country?

The only ones who might move to avoid tax rates have already done so. Plenty of millionaires and billionaires avoid taxes altogether.