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Thread: What would you do with $1,000 a month?

  1. #21
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    Re: What would you do with $1,000 a month?

    Quote Originally Posted by JokeLine View Post
    I'd move to a country where the government has a clue about basic economics and value of freedom.
    Far more logical response than quitting CSFBL on November 9th, 2016.

  2. #22
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    Re: What would you do with $1,000 a month?

    I am shocked this got political.
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  3. #23
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    Re: What would you do with $1,000 a month?

    Well this is what happens when you dont come up with your own ideas
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  4. #24
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    Quote Originally Posted by JokeLine View Post
    I'd move to a country where the government has a clue about basic economics and value of freedom.
    Freedom? What could possibly be a more crippling enslavement than having no money in a system that demands it for what should be a basic human right like shelter, healthcare and food? It’s easy to retort that lazy junkies will spend it on drugs, whisky and women. But those are the same people that believe illegal immigrants are mostly rapists and murderers instead of people just looking for a chance at the freedom you purport to value so highly. True freedom doesn’t get to be selective. Freedom can't just be for the ones that can afford and it can’t exclude those that would abuse it. No human is 3/5ths a person. It’s a lesson we already have learned. So I agree, let’s be the country that shows everyone the value of freedom through the very basics of economics.

  5. #25
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    21,182

    Re: What would you do with $1,000 a month?

    Quote Originally Posted by marsupial311 View Post
    That is not how inflation works. Inflation works when more money is added to the economy but with this plan, the amount of money in the economy would be the same it would just be in the hands of different people. Paying for a higher minimum wage with taxes on the higher earners wouldn't cause runaway inflation either.
    When you transfer money from some people to all people it is likely that more of that money is used for wider consumption. So you would indeed add more money to the part of the economy that drives inflation. The only way it doesn't is if people with jobs use the extra money to work less and maintain their current income and spending. This is the utopian vision behind the idea.

    This was tossed around back when I was politically active twenty years ago, but it barely gained traction within the party. Now that AI is evolving quickly it is becoming much more urgent, since much larger chunks of the work force will become obsolete.

  6. #26
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    Re: What would you do with $1,000 a month?

    Quote Originally Posted by ZubaZ View Post
    Freedom? What could possibly be a more crippling enslavement than having no money in a system that demands it for what should be a basic human right like shelter, healthcare and food? It’s easy to retort that lazy junkies will spend it on drugs, whisky and women. But those are the same people that believe illegal immigrants are mostly rapists and murderers instead of people just looking for a chance at the freedom you purport to value so highly. True freedom doesn’t get to be selective. Freedom can't just be for the ones that can afford and it can’t exclude those that would abuse it. No human is 3/5ths a person. It’s a lesson we already have learned. So I agree, let’s be the country that shows everyone the value of freedom through the very basics of economics.
    This post has to be satire. Because nobody is this willfully stupid and disingenuous. It is hard to know where to start with this miopic word salad.
    Joke? In't he that dude, disguised as a dude, playin' that other dude, bruh?

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  7. #27
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    Re: What would you do with $1,000 a month?

    Blackjack n hookers
    When the expectations are so low, you cant possibly lose.

  8. #28
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    Jul 2017
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    What would you do with $1,000 a month?

    Lol, Goes back full circle to gold bitcoin.
    PsiTclCarLYardMBLawn

  9. #29

    Re: What would you do with $1,000 a month?

    I know marsupial is new. But if you told me that someone fed a machine all our other political threads and then made it spit out a new one and this was the result, I'd believe it. We're rather predictable, and it's always rather telling to see people's priorities here unchanged from years ago.

  10. #30
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    Re: What would you do with $1,000 a month?

    Quote Originally Posted by Pigge View Post
    When you transfer money from some people to all people it is likely that more of that money is used for wider consumption. So you would indeed add more money to the part of the economy that drives inflation. The only way it doesn't is if people with jobs use the extra money to work less and maintain their current income and spending. This is the utopian vision behind the idea.

    This was tossed around back when I was politically active twenty years ago, but it barely gained traction within the party. Now that AI is evolving quickly it is becoming much more urgent, since much larger chunks of the work force will become obsolete.
    The utopian vision is partially based on the fact that people will get to decide how much they work and as you said, with AI it's not really an option for a lot of people who are going to be replaced.

    The more I've looked into AI, the more industries I see getting destroyed by it and have literally no idea it's coming. The idea that "no machine can do my job" is something that people better grow out of quick or they're completely screwed. I work in teaching and convincing teachers that they're going to be replaced is pretty difficult. Then those teachers turn around and stick their kids on iPads all day with a program that does all the grading and lessons for them.

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