JustAnotherName

@adamcarolla You got to bob and weave out there

Funny

@KyleKulinski He didn't exactly hoard did he? His trillion is tied to the equity of companies that employ people and do pay taxes. His recent IPO created over 4,000 millionaires, who also have that money tied to the equity of the company.

@fiat_money Oof, I'm showing that you don't know what you're saying. Deficit, govt spends more than they have, then they borrow, causing M2 to increase, causing inflation. The debt is the accumulation of all the deficits.

@NamesTheThird You are showing debt, not deficit. You are either a moron or new to economics. Bye

@FDRv2v @Schizo_ancap Larping as it succeeded.

@NamesTheThird @Schizo_ancap “Failed”

@fiat_money @Schizo_ancap Why does this Federal debt chart from the same FRED source you have been using look different than con-man? Each of your charts measure different things. You're trying to pass them all off as deficit. fred.stlouisfed.org/series/GFDEBTN

@NamesTheThird @Schizo_ancap Change of debt year on year is what? My god, you are in preschool

@fiat_money @Schizo_ancap More replies from a guy passing of random metrics to argue increase in monkey supply doesn't cause inflation. This is what FRED charts actually look like. This is M2. You just need CPI and or PPI. Not a rates of change either. Raw numbers.

@NamesTheThird @Schizo_ancap Ask an adult how to make data stationary

@FDRv2v @Schizo_ancap "Maybe read a failed economic theory" you are the meme.

@NamesTheThird @Schizo_ancap

@fiat_money @Schizo_ancap You're charts don't measure deficit con-man. There's a legend on the graph. You or someone you took the picture from just wrote "deficit" ontop of some line that doesn't measure deficit. US deficit is nearly 40 trillion now.

@NamesTheThird @Schizo_ancap How much the gov spends above “what is has” is precisely what the defocit measures. Data has eaten your theory for breakfast

@fiat_money @Schizo_ancap No, I do. You're arguing increasing money supply doesn't cause inflation using metrics that don't measure either money supply or inflation, but the rate of change of something else. M2 and raw CPI or PPI data graph would show. You're not going to put that graph together.

@NamesTheThird @Schizo_ancap It’s not a stationary variable, you have no idea what you are talking about

@fiat_money @Schizo_ancap You wrote that in response to me posting a stationary variable, while you posted irrelevant charts measuring rates, not raw data, but percentage changes through time. Your problem is that I can analyze data. Currently building an economic calendar API for work.

@NamesTheThird @Schizo_ancap To look at correlation you need to look t stationary variable, meaning remove the secular trends. You can’t even analyze simple data

@fiat_money @Schizo_ancap No, not swaps. The US govt has been able to spend more money than it has because for decades, because it's increasing the money supply to do so. Just last year took in $5.23 tril in taxes but spent well over $7 trill.

@NamesTheThird @Schizo_ancap Most of that supply is just asset swaps. Net asset supply into the private sector is exactly gov deficit. That’s why I showed that

@fiat_money @Schizo_ancap So do the correlations on a chart that actually track money supply. Correlation should be raw CPI or PPI data and an M2 chart.

@fiat_money @Schizo_ancap You keep showing charts that don't track money supply and acting like you made a plausible counterargument. Every country's central govt posts M2 money supply data.

@NamesTheThird @Schizo_ancap Great. You will never figure out what the reason for that is

@fiat_money @Schizo_ancap M2 money supply of United States. From the same Fred source. This is M2, not some borrowing/lending metric you are trying to pass off as M2.

@NamesTheThird @Schizo_ancap All money is created out of thin air

@fiat_money @Schizo_ancap With a response like that, you have to be a troll. Increasing money supply does cause inflation. And Japan is experiencing inflation (your picture). I'm replying to you from Japan right now.

@MarioNawfal @elonmusk Right, his money is in equity of companies that are employing people and doing all the things for them that Bernie claims he wants to do, but ultimately won't. Government got 5.23 trillion in tax revenue last year and spent 7 trillion in total. Can't pass an audit.

🇺🇸 Bernie Sanders thinks it’s hilarious that a 5% wealth tax would still leave @ElonMusk with “just” $737 billion to “survive” on. Spoken like a man who’s spent his entire adult life in government, never built a company, never created a single scalable job, and never turned an idea into trillions in real economic value for society. Elon’s net worth isn’t a vault of gold coins he’s sitting on. It’s mostly stock in companies that are actually moving the needle on energy, transportation, and space. Things governments have been promising and failing at for decades. The sarcasm reveals the entire game: punish the people who create the wealth, pretend the government will magically spend it better, and act shocked when the engine of progress stalls. Keep coping, Bernie. The future is being built by the people you resent, not the ones who’ve spent 40 years complaining about them. Writer: Oliver

@BananqB @fiat_money @Schizo_ancap What's funny?

@NamesTheThird @fiat_money @Schizo_ancap Lol?

@lesbiangrace69 @Schizo_ancap Socialism definitely isn't being budget conscious.

@Schizo_ancap socialism is when printing money