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General Discussion

WinkyDink

(51,311 posts)

16. Read "Nickel and Dimed" and get back to us on that inanity.

Reply to quaker bill (Reply #4)

Wed Oct 24, 2012, 08:46 AM

Oct 2012

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Suddenly, Everyone On Wall Street Is Taking The 'Red Pill' Of Economics [View all] HiPointDem Oct 2012 OP

Yep. New lobby groups will spring up that reccomend a "restructuring". No need geckosfeet Oct 2012 #1

One problem with that, there would be no pile of wealth to sit back on. Egalitarian Thug Oct 2012 #8

Agreed. But accumulated wealth can be used now to amass items that will be of value geckosfeet Oct 2012 #12

Not really, that's why the current system was accepted. More than one Lord learned the hard way that Egalitarian Thug Oct 2012 #14

Did people think all the money was going to be paid back by taxing the rich... PoliticAverse Oct 2012 #2

A bit of inflation is not a bad thing quaker bill Oct 2012 #4

Read "Nickel and Dimed" and get back to us on that inanity. WinkyDink Oct 2012 #16

Take basic economics and get back to me quaker bill Oct 2012 #20

Taxing billionaires down to centimillionaires is a good starting point. Ask small communities. WinkyDink Oct 2012 #15

We "owe" ourselves trillions in the currency we print quaker bill Oct 2012 #3

And if every bank agreed to this, would there be no net loss? randome Oct 2012 #6

Will we be forgiving the $2+ trillion we 'owe to ourselves' in the Social Security 'trust fund' ? nt PoliticAverse Oct 2012 #7

It is all "notional" anyway quaker bill Oct 2012 #19

Du rec. Nt xchrom Oct 2012 #5

Never mind the red pill... The rich need to swallow the "bitter pill", and start paying more taxes! reformist2 Oct 2012 #9

Ya think? bemildred Oct 2012 #10

Isn't that the way that Fed debt and borrowing from the SS Trust Fund have always worked? leveymg Oct 2012 #11

This article points out an obvious and well hidden-in-plain-sight fact about our modern world. Egalitarian Thug Oct 2012 #13

WAY too late--With QE, the US already has taken "the red pill" ProgressiveEconomist Oct 2012 #17

Can we inflate our way out of the debt like the US did in 1947? Zalatix Oct 2012 #18

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