Thread #533320617
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https://x.com/cb_doge/status/2045000631082197220
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>>533320617
>You stand to win everything
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>>533320709
>>533320709
Lmao look at this slave of cock
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In the interview with the nexium guy she was blushing and smiling and shit, how did that nerd get a self-creating harem?
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>>533320881
That one is Allison Mack, this one is Ghislaine, they probably met at some point
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It certainly makes more sense than the dumb shit Musk was going around saying over the last couple of years, that the US "was going bankrupt". There is clearly some organized thing within right wing power networks that you have to lie about how money works if you want access to their circles.
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Elon is such a fucking dumbass. If he believes that production will outpace US money printing, he’s delusional. He also seems to forget that deflation would make US debt even more difficult to pay back, and if the US debt is perceived to be even more insurmountable, bond yields and interest rates will rise accordingly, and this would just offset the deflation. He is also somehow forgetting that in a deflationary environment, wages are adjusted downwards, so the while a consumer’s purchasing power might briefly rise, it will ultimately revert to what it was previously.
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>>533322254
All of the US debt is denominated in the currency of which the US is the sole manufacturer. The Treasury and the Fed are monopoly operations -- they can set yields and rates wherever they want.
>but then no one will buy a bond!
Who cares? Selling bonds is not required for the money system to function. The government isn't borrowing money. It spends its own money into existence.
https://www.youtube.com/watch?v=pex89N9Oqog
https://www.youtube.com/watch?v=JGuNpqYBkZk
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>>533321785
It hurts me when they steal my taxes to bail out "too big to fail" corporations and banks in order to protect the wealthy's gambling money. Then they set up protections for such companies so that none can compete with them while politicians make backdoor deals to gamble on the outcomes they know will occur. Apart from protectionism for the elite, I don't have a problem with the rich.
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>>533322607
By creating the money necessary to fund itself (in the absence of the money flow generated by institutional investors, foreign investors, and retail), the government would inflate the money supply. You would not have deflation. That’s my point. You cannot have a deflationary environment in the United States in which everyone becomes high income, at least not with the current debt burden.
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>>533323065
You're not thinking correctly. All of the money ultimately originates with government spending. Even privately created bank money happens through a government created charter that allows them to create deposits.
Bond sales don't do anything to manage inflation. This is categorical nonsense. Bond sales are a risk-free return to the asset owning class -- they are a favor to the rich. Maybe in the case of pension funds, bonds are good. But it's a policy choice.
The US government never needs financial investment from anyone. It has no shortage of money nor can it ever, unless it stops existing.
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>>533320617
>UHI
My little goyims are dreaming big.
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>>533321231
Probably bugs and pod if the elite decide you're useful to them. Otherwise you'll get killed through war, famine or disease.
People already started attacking them physically.
They're almost done stripping you of and value you provide them.
At this point you're nothing more than a data point in a data center somewhere and the revenue add agencies pay for it is all that's keeping you alive for the elite.
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>>533320617
>Just buy into my IPO, vermin!
Shan't.
None of these guys racing to be the first Trillionaire want abundance for Everyone. It runs counter to their very efforts.
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>>533320709
Huhh come the fuck on. If we get Universal High(-ish) Income instead of just getting exterminated it'll already be pretty fucking good by historical standards. Unbelievably good actually.
In any case girls are just going to join the harems of the men who still have jobs. And/or make OnlyFans and make WAY more money than the average man. It's pretty much unavoidable in a low jobs future. Just forget about it unless you have very good genetics.
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>>533323310
You’re just not right about this. In the absence of money injection, the US would need to create its own money to pay its debts. If you’re correct, why doesn’t it just do this? Why not just digitally create 40 trillion dollars and pay off the debt? The answer is obvious: it would devalue the dollar and inflate the economy.
Why do you think there is a panic when 10 year treasury yields rise? Why would the US fight so hard to preserve the petrodollar if US treasury sales didn’t matter? Of course the US needs the bond market—it needs to keep this Ponzi scheme going somehow. The issue is not a shortage of money—the issue is that it needs that money to come from a supply that already exists. Nobody thinks that the US is incapable of printing money; it obviously can.
It’s just a little silly to argue that the bond market doesn’t matter.
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>>533323310
"No shortage of money" = infinite inflation and we collapse when our money is worthless
Not to mention even if what Musk says comes true-ish and there is an immense increase in goods and services, people will then start breeding more to increase consumption as they enter this fabled no-stress high income state of being. Consumption and supply will then reach a new and ever increasing inflation of its own while the money printed to track it will become increasingly irrelevant.
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>>533323853
Its simply too good to be true.
And when was the last time western leaders actually had the interests of their own people in mind?
Long before I was born and I think that's now nothing more than a distant memory.
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Our boy Elon "The Based Billionaire" Musk is more based than you might realize.
“Mass immigration is insane and will lead to the destruction of any country that allows it. It only takes a few percent of the world to move to a country, where it is no longer that country. A country is its people, not its geography.”
https://x.com/iamyesyouareno/status/1908860526400057534
"The legacy media never mentions white genocide in South Africa, because it doesn’t fit their narrative that whites can be victims"
https://x.com/elonmusk/status/1904065163407368212
Even Musk's AI is based.
https://x.com/elonmusk/status/1916042294018666585
"The ADL is a hate group"
https://x.com/elonmusk/status/1973289543848829225
He supports remigration.
https://x.com/elonmusk/status/1997700657546191314
"A government that fails to protect its citizens is illegitimate"
https://x.com/elonmusk/status/1998131134753062943
"Either the suicidal empathy of Western civilization ends or Western civilization will end"
https://x.com/elonmusk/status/2000078735622721927
"Why is Western media so anti-White"
https://x.com/elonmusk/status/2000604195272163517
"Call them out for the anti-White racists they are every time they do it"
https://x.com/elonmusk/status/2000920169531822091
"Anti-White, anti-male discrimination ends now"
https://x.com/elonmusk/status/2001022917610758555
Says DEI, and not hiring white men, is wrong.
https://x.com/elonmusk/status/2001529481677435100
"Why is legacy media so racist?"
https://x.com/elonmusk/status/2002604827134787629
****|!|- The last time Elon was accused of wanting to import infinity jeets he replied with "False" and said the H1B system should be reformed. -|!|****
https://x.com/elonmusk/status/1996214327670648865
"Feeling extra based today, might regret it later, but it feels so good"
https://x.com/elonmusk/status/2003503573448159495
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THIS DOES NOT MATTER!
Humand don't care about being rich,
only about being richer.
It's all about being better, relative wealth and income, not absolute one.
If everybody gets a gift of $1M every year then everybody is rich, but being rich doesn't mean anything anymore.
People will find other ways to be better, other ways to humiliate others, because being better is what people crave, not being equal.
How will people determine who is superior in social status, who gets the genetically best or more sexual and reproductive partners?
People will find ways to compete, to be at war with each other.
If everybody is rich, you only make money meaningless.
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>>533324082
The US DOES create its own money to pay its debts. Are you somehow under the impression that it is not doing this? Every monetary sovereign does this.
When a foreign country buys a Treasury bond, what are they doing? They are transferring their US dollars (because you can't use any other currency to buy treasury bonds) from their checking account (reserve account) to a savings account (securities account). How does the US then pay back that interest? They just mark up the account.
>Why woul the US fight so hard to preserve the petrodollar
Probably because reserve currency status grants exorbitant privilege in what you can purchase for what you put in.
It applies to every single monetary sovereign that they can always afford to purchase anything that is 1) for sale and 2) priced in its own currency. Reserve currency status essentially prices everything in US dollars, so everyone will always want to take it regardless of what the US is or isn't actually producing.
But requiring anyone to buy a bond has nothing to do with this process at all. US, Britain, Canada, China, Australia, Russia, etc. None of these countries ever need anyone to buy a bond.
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People need to start structurally understanding what the debt is.
The US issues the dollar out of nothing. It creates them. The very act of doing this creates a debt -- what the bond sale does is change the form of this debt. From non-interest bearing (currency) to interest bearing (securities).
So let's imagine there is $0 in the economy. And the US spends $1T into the economy. There is now a $1T debt. The only way to clear this debt is to remove all of the money from the private sector. Or to run a large enough current account surplus (this means trade surplus with foreign countries) so that the foreign countries are in deficit to you.
Because of the logic of double entry bookkeeping -- every asset is an equal liability -- someone is always going to be in deficit and someone is always going to be in surplus. There are good arguments that you don't want to be in deficit long term, something reserve status complicates (you can read the Trump administration's own writings on this), but this doesn't change the underlying mechanics.
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>>533324357
lol
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>>533324536
>Its simply too good to be true.
Yep.
It's probably going to be a neverending cycle of "you're being ground into dog food and UHI didn't happen yet because you didn't let us monopolize enough of the economy and there are still some powers we don't have we gotta fix this and then you'll see we'll make everything right" and UHI will be forever 5 years away or so.
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>>533326186
I understand modern monetary theory. Fiat is good because it gives your country sovereign status. If your nation does not have fiat, then bankers have financial power over government, which ultimately means they have all the power.
In the US, bankers still have power over federal government, but not because of fiat. It's because of the inner workings of government for the past 100 years. Woodrow Wilson allowed foreign elite to come and create our current version of our central bank.
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how about 1$ hot teen pussy?
u have to keep money from women
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>>533320617
>>533320709
>>533320712
why isn't he giving out his money if this is true?????
He want you death.
They will reduce the amount of people on earth that there is enough people that the elites will not fear rebellion but also the earth won't feel empty.
If they don't kill you Musk will ship off to space colonies to live. you will need earth visa to stay.
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>>533320617
Will never happen. It's easier than ever to supply housing yet housing in relation to average income has never been higher.
Only China doesn't have this problem since they overproduced on housing in a lot of cities.
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>>533328169
Because creating that much additional money WILL be inflationary and the existence of the debt is not the problem that it is made out to be. But the US could gradually eliminate the debt by bringing the interest rate below the growth rate.
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>>533320617
Genuine question, do you think these people believe that there is infinite potential for GDP and that people working are the only bottleneck? Like if you had infinite supply of oil rig workers does he think we would have infinite oil? Because how else would automating everything create so much wealth? There is only limited amount of resources on Earth. Is he this fucking retarded or is he just evil and lying and plans to just cull the poor the moment he has no use for employees?
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>>533328759
wrong
resources are created
flibe.com limitless energy exists
microodick jews dont let everyone have the megamansion life because then women not have sex with them
its enforced scarcity
any country can print money and buidl limitless rooms for males
women must be kept with 0 money or just raise pussy price
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>>533328759
No. He doesn't really get the issue, like most people, but he is close to understanding the role of monetary economics within economics. It has nothing to do with "infinite growth", it has to do with the three essential elements of an economy:
>people: consumers, workers, sometimes the products themselves (artists, athletes)
>stuff: what they have to work with, like shit to mine or trees to cut down, lumber to turn into homes
So the obvious last element is:
>a money supply to connect those two
His vision of the future expects that automation will replace everyone, so they'll have to give away money in order to get them to spend it, since they won't be able to earn it by working. He's wrong, but it does get to the heart of a broader and more important issue, the nature of money (that it's a legal construct and public resource) and the best ways to disseminate it (broadly, which leads to the rich/ownership class getting more of it than they would under "capitalism").
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>>533320617
His becoming delusional!
He talking about UBI for at least 15 years !
But he is well aware of the fact That Banksters rather cause Extinction Than UBI become reality!
Elon just rambling As usual !!!
There is no bright Future !!!
Exactly Extinction is closer as most people think!
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>>533329505
Printing is a bad term -- it implies that there is a commodity that backstops the currency and that new money is being diluted against this fixed store of whatever commodity. We have a free floating fiat currency, meaning it can be adjusted on the fly. So it is rather easy, should you want to do it, to inflate and deflate the currency.
High taxation will soak it up. Lower interest rates will decrease the amount of new money generated through interest. Spending money to employ people in the cultivation and production of new assets will be deflationary.
If we issued, I don't know, $5T of new money for the purpose of building new public housing -- would that be inflationary or deflationary? It would likely have an inflationary effect on wages related to the trades and construction. It would certainly be deflationary in regards to rent and home prices.
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>>533320617
hes a liar him and other tech bros have to lie out of their teeth for government and private investment that keep his lifestyle afloat. Without the money he be a fat horny slob soon to be expired 50 year old minus the 15 wives so there is a reason why he constantly does this on his platform.
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>>533330124
nah just have king
print money for white men
0 money for rest
flibe.com free energy
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>>533330212
wrong u utter moron
king sets prices
non white male 0penny
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>>533320742
>>533320832
10/10 I would join her sex cult.
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>>533320617
Elon Musk is a pedophile
Elon's brother Kimbal dated an underage girl Epstein set him up with, which led to Elon having that "kung fu lesson" with Ghislaine.
"Girls FTW" kek
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>>533331536
For example manson's sex pets were so smitten with him after repeated tantric plappings that some of them broke out of jail decades later to try to be closer to his jail
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>>533332383
and who takes the place of robots?
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>>533320832
Luck, consistency, and sex magik. there was a chart showing all the schools of thought that connected together into the system that he used. i saved it on my other comp and hopefully still have it. but it was either posted on here or somewhere else. you could probably find it.
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>>533332712
she was considered prettiest of the show, but the others mogged her, including allie mack the sex cultist herself. i think just being a hapa in the 2000s was seen as exotic.
she was basically one of the first mainstream hapas.
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>>533320617
This is the same nigger that was trying to sell the hyperloop
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>>533320617
>growth rate of goods and services going faster than some jew can press 0 on a keyboard
impossible
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>>533328169
>insists other person is stupid
>only time he tries to explain himself it's sophomore (high school) level youtube libertarian shit
Siding with the other guy. Only because I recognize manipulative disingenuity when I see it.
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>>533329505
>puts a strawman argument into a loaded statement after asking a leading question
Yep, other guy actually understands money supply, you're just an asmongoldstein fan copying his dishonest bullshit debate tactics.
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>>533320709
it'll take the materialistic desire of women out of the equation when every man has a mansion, a Tesla Cybertruck and makes a billion dollars a day on UBI
trust the plan, Elon knows what he's talking about