All money is free. It is not taken from some limited store, but rather created by government, freely.
The value, stability, and legitimacy of money is sustained by the supremacy of state power. By such power, the government both determines the supply and shapes the distribution of money, and is assured never to be insolvent.
No distribution of money is natural or naturally superior.
Money is a social construct directed by political will.
Price inflation currently occurring is largely due to the political choice to distribute money to corporations.
That is, as a consequence of particular political choices, the already imbalanced distribution has become even more unfavorable toward workers.
If the political will were rather toward distributing money to workers, then prices may follow a pattern of gradual inflation, but as long as workers’ income keeps pace, workers would not be harmed by it even in the slightly.
It is, however, a consequence of expanding the money supply.
In turn, however, expansion of supply is not a threat, because of the various capacities for the government to withdraw money, as through taxation, or central bank policy.
You do seem offended. Whatever are you talking about?
I don’t see your point other than an explicit joy in the suffering of others. Do I have that right? You think people should go hungry for your personal pleasure?
I recommend you read about Modern Monetary Theory. The US has Monetary Sovereignty in a fiat currency, and therefore is not limited by taxation when it comes to federal funding. Instead, the US is limited by the real economy, which is worth trillions of dollars more than the federal budget. If the federal government stopped with the federal budget and just spent on the real economy, it wouldn’t impact inflation in any way. We do this already with the military, like outspending the USSR on military tech for a decade, sending hundreds of billions of dollars worth of equipment to Ukraine, and spending billions to support Israel’s genocide.
I’m guessing facts won’t work here. The “consequences” he’s laughing about are a consistent >100% ROI on welfare. He’s laughing because he’s proud conservatives are hurting the economy (and even their own bank accounts!) by hurting the poor, either out of willful ignorance or willful malice.
Weakening welfare hurts the economy. That’s what he’s laughing about. Welfare has always been the biggest no-brainer in economic theory. It always makes the country more than you spend. Even the wealthy.
Why, you may ask, do they hurt themselves, and help the oligarchs?
The reason is that they always do what the man on the television screen tells them.
Do you know many conservatives, for real? I’m not talking Trump-heads. I’m talking actual conservatives. There’s this underlying attitude that the world is a “free” place where you work hard and earn your way to betterment. You hear it in the voices of the older generation, but also the newer generation, when they talk about things like “work ethic”, or someone being “too proud to beg” when there’s a disaster and family or friends try to offer help. Have you never heard anyone say “I don’t want nothin for free”, or tell their boss “I don’t need that kinda money, just pay me ____ and I’ll be happy”? I’ve seen and heard all those things.
One way to look at conservativism is that it’s means based, where the Left is more ends based. A conservative cares more about “doing the right thing” than “making the world a better place”, They see the government’s place as “enforcing peace” and nothing else, so social programs seem like a giant mandated charity to them.
Conservatives rarely oppose welfare because they think it doesn’t work. They oppose welfare because they think it’s wrong whether it works or not. And that’s not a talking head telling them that, it’s decades of growing up surrounded by that same hierarchical mindset.
Like John F Kennedy said “Ask Not What Your Country Can Do For You. Ask what you can do for your country”. There’s people who take that to heart and feel it’s not the country’s job to make their life a better place. And will allow themselves to sink into poverty holding on to that belief.
They’re horribly wrong, but if you don’t understand why they feel that way, it’s hard to help move the country forward.
Privatisation hounds do the same shit all over: enshittify a public service then offer a private alternative as a kind of shitty trojan savoir to the problem they created
Official government numbers, of an authoritarian government that considers it’s education system a point of pride, self-reported in government census, by citizens afraid to criticize their government, after being filtered for those that received formal education.
Sounds a lot like the North Korean voter turnout to me…
Some of what you said is true, some of it is bull shit. The numbers have been corraberated by the United Nations Educational, Scientific, and Cultural Organization, as well as World Bank. Cuban’s really do have an exceptionally high, near 100%, literacy rate. Though many are at what America would call an “advanced first grade level”. So its not exactly perfect. But percentage wise, almost all Cubans can read. Which can’t be said for American citizens.
However, their education system does strongly push political beliefs, so it is not simply for the betterment of the citizens. It tries to encourage a world view favorable to the government. Using literacy as a way to teach “what to think”. (Not that the United States can throw stones from our glass house… I pledge allegiance, to the flag, of the United States, etc. etc).
That being said, to compare Cuba to North Korea is hyperbolic to the extent that it is obvious you are either trying to be inflammatory, or are simply clueless.
Regardless, my point was that the value of something can not be pulled from a single data point. So in your haste to discredit a country you dislike, you kinda helped me prove my original point, so thanks!
P.S.
What’s wrong with the education system being a point of pride? I wish the US took more pride in ours frankly.
Probably some combination of our definition of literacy being adjusted, and the availability of more accurate data about populations and how educated they are.
The bastians of the homeschooling movement that allows household chores to be considered curriculum because of a campaigned for lack of oversight is also where there are low literacy rates? Say it isn’t so…
This is why the US government runs the mail service, since it guarantees delivery to every address, no matter how remote, even if at a loss.
This is why education should stay a government service, so that schools exist for every student, even when a given class is too small.
And this is why medicine will always need a socialized element, since rare diseases are not profitable enough to treat.
Removed by mod
All money is free. It is not taken from some limited store, but rather created by government, freely.
The value, stability, and legitimacy of money is sustained by the supremacy of state power. By such power, the government both determines the supply and shapes the distribution of money, and is assured never to be insolvent.
No distribution of money is natural or naturally superior.
Money is a social construct directed by political will.
Price inflation currently occurring is largely due to the political choice to distribute money to corporations.
That is, as a consequence of particular political choices, the already imbalanced distribution has become even more unfavorable toward workers.
If the political will were rather toward distributing money to workers, then prices may follow a pattern of gradual inflation, but as long as workers’ income keeps pace, workers would not be harmed by it even in the slightly.
Money is not free. The cost of new money is devaluation of old money.
Devaluation is not a cost.
It is, however, a consequence of expanding the money supply.
In turn, however, expansion of supply is not a threat, because of the various capacities for the government to withdraw money, as through taxation, or central bank policy.
You do seem offended. Whatever are you talking about?
I don’t see your point other than an explicit joy in the suffering of others. Do I have that right? You think people should go hungry for your personal pleasure?
They must be having a miserable time to get so much out of other people suffering, but that’s in line with most reactionary asses I’ve met.
I recommend you read about Modern Monetary Theory. The US has Monetary Sovereignty in a fiat currency, and therefore is not limited by taxation when it comes to federal funding. Instead, the US is limited by the real economy, which is worth trillions of dollars more than the federal budget. If the federal government stopped with the federal budget and just spent on the real economy, it wouldn’t impact inflation in any way. We do this already with the military, like outspending the USSR on military tech for a decade, sending hundreds of billions of dollars worth of equipment to Ukraine, and spending billions to support Israel’s genocide.
I’m guessing facts won’t work here. The “consequences” he’s laughing about are a consistent >100% ROI on welfare. He’s laughing because he’s proud conservatives are hurting the economy (and even their own bank accounts!) by hurting the poor, either out of willful ignorance or willful malice.
Reactionaries are not hurting the economy.
They are hurting the working class, including themselves, while helping the oligarchs.
Why, you may ask, do they hurt themselves, and help the oligarchs?
The reason is that they always do what the man on the television screen tells them.
Weakening welfare hurts the economy. That’s what he’s laughing about. Welfare has always been the biggest no-brainer in economic theory. It always makes the country more than you spend. Even the wealthy.
Do you know many conservatives, for real? I’m not talking Trump-heads. I’m talking actual conservatives. There’s this underlying attitude that the world is a “free” place where you work hard and earn your way to betterment. You hear it in the voices of the older generation, but also the newer generation, when they talk about things like “work ethic”, or someone being “too proud to beg” when there’s a disaster and family or friends try to offer help. Have you never heard anyone say “I don’t want nothin for free”, or tell their boss “I don’t need that kinda money, just pay me ____ and I’ll be happy”? I’ve seen and heard all those things.
One way to look at conservativism is that it’s means based, where the Left is more ends based. A conservative cares more about “doing the right thing” than “making the world a better place”, They see the government’s place as “enforcing peace” and nothing else, so social programs seem like a giant mandated charity to them.
Conservatives rarely oppose welfare because they think it doesn’t work. They oppose welfare because they think it’s wrong whether it works or not. And that’s not a talking head telling them that, it’s decades of growing up surrounded by that same hierarchical mindset.
Like John F Kennedy said “Ask Not What Your Country Can Do For You. Ask what you can do for your country”. There’s people who take that to heart and feel it’s not the country’s job to make their life a better place. And will allow themselves to sink into poverty holding on to that belief.
They’re horribly wrong, but if you don’t understand why they feel that way, it’s hard to help move the country forward.
There is no “The Economy”.
Weakening welfare hurts workers.
There really is. Even without capitalism, the median buying power of an individual will always be a thing.
Obviously. It hurts everyone, so of course it hurts workers.
No. Weakening welfare helps the oligarchs.
Notice how they keep doing it.
Workers and oligarchs have mutually antagonist interests.
“The Economy” is a construct that obfuscates the class antagonism.
The fuck you on about, mate?
Why is the literacy rate lower than it was before the DoE was created?
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Privatisation hounds do the same shit all over: enshittify a public service then offer a private alternative as a kind of shitty trojan savoir to the problem they created
Because it isn’t? It’s up by about 6%. The numbers are more accurate as well.
Frankly, even if your statement was correct, it would be the equivalent of asking why only people who go to the doctor have cancer.
Lastly, if we are throwing out random facts and trying to extrapolate the value of a system, why is Cuba’s literacy rate always close to 100%?
Official government numbers, of an authoritarian government that considers it’s education system a point of pride, self-reported in government census, by citizens afraid to criticize their government, after being filtered for those that received formal education.
Sounds a lot like the North Korean voter turnout to me…
Some of what you said is true, some of it is bull shit. The numbers have been corraberated by the United Nations Educational, Scientific, and Cultural Organization, as well as World Bank. Cuban’s really do have an exceptionally high, near 100%, literacy rate. Though many are at what America would call an “advanced first grade level”. So its not exactly perfect. But percentage wise, almost all Cubans can read. Which can’t be said for American citizens.
However, their education system does strongly push political beliefs, so it is not simply for the betterment of the citizens. It tries to encourage a world view favorable to the government. Using literacy as a way to teach “what to think”. (Not that the United States can throw stones from our glass house… I pledge allegiance, to the flag, of the United States, etc. etc).
That being said, to compare Cuba to North Korea is hyperbolic to the extent that it is obvious you are either trying to be inflammatory, or are simply clueless.
Regardless, my point was that the value of something can not be pulled from a single data point. So in your haste to discredit a country you dislike, you kinda helped me prove my original point, so thanks!
P.S. What’s wrong with the education system being a point of pride? I wish the US took more pride in ours frankly.
Beautifully put, thank you
Probably some combination of our definition of literacy being adjusted, and the availability of more accurate data about populations and how educated they are.
Great question, why is it always Republican States as well?
The bastians of the homeschooling movement that allows household chores to be considered curriculum because of a campaigned for lack of oversight is also where there are low literacy rates? Say it isn’t so…