Coin tricks. Especially knuckle rolling coins and learning how to change the position of the coin between various palming techniques.
Coin tricks. Especially knuckle rolling coins and learning how to change the position of the coin between various palming techniques.
Except a nation with no debt and a negative trade balance has negative wealth.
The government debt is the private sector surplus when there a negative trade balance.
The government is literally the source of money. Every dollar created is part of that “debt”.
Every dollar is an IOU issued by the federal government that it will be accepted to relieve tax obligations.
" Zero national debt " means zero dollars left in circulation after taxation.
If you’re taking water and putting it in a closed loop, you’re effectively removing it from the natural water cycle until you remove it from said closed loop, no?
I agree the articles make it sound more like they are just burning water out of existence lol.
It’s not about the rich paying their fair share.
We need to tax them specifically to reduce their insane power in our system.
The federal government doesn’t need them to finance a damn thing. It can finance anything it wants to with the stroke of a pen.
We are not reliant on the rich.
Except that’s a sham way of framing things that most people use.
The US is monetarily sovereign and can always issue enough currency to meet any demands upon it.
Uncle Sam doesn’t go around collecting dollars like a beggar to apply to things. It creates money directly through spending, or backstops the creation of demand deposits by private banks via the reserve system. Money has to be created before it can be destroyed through taxation.
The issue isn’t, “Where will we get the money?”
The REAL issue is, “Will we have the infrastructure to care for our elderly?”
Warren Mosler goes over this in one of his better short pieces of literature.
Because the national “debt” is the number of dollars that haven’t been destroyed through taxation.
It’s not real currency, it’s a token.
I can’t use it to pay my taxes to the US federal government and it must be traded in for actual currency to do so.
Just like a token at an arcade.
They are also vehicles of wild speculation… And unlike stocks (where I gain partial ownership of a company) and bonds (where I gain a claim on their monetary inflows and primacy if the venture crumbles), crypto gives me… What exactly?
I don’t get to be an owner or a creditor. I become… Holder of a mining incentive?
I’m sorry it’s not what a lot of people seem to think it is.
I didn’t think it was controversial to use math to reduce numbers. TIL
I feel like % doesn’t really drive home just how many people around us this is.
6.8/100 is 3.4/50.
Over 3 people out of every 50.
That’s a lot of people.
I have four monitors. Two slightly angled directly in front of me, one angled on the left and a small 10 inch directly below my two main monitors that I use specifically for discord and my friend’s chat app he’s working on.
Why two directly in front of me with the split in the middle? I only have to shift my head slightly to move between the game I’m playing and whatever I’m watching.
But it’s more useful when I’m working on pixel art because I can have my drawing on one main monitor and my reference in the other while having a show or stream on the secondary angled on my left and chat stays on the small monitor.
As for if that helps productivity, I have no idea.
But I sure like my setup now.