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Everything posted by JaCrispy
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I’m just saying that, from my understanding, the original definition of “inflation” referred to inflating the amount of currency into circulation…And that over time people took it to mean high prices because the two were related, and it was easier for people to understand…So, people accept that as the current definition… When you say that “inflation” is caused by many things, I think this is where we are having the biggest disconnect due to using two different definitions for “inflation”… I use the original version of inflation- increase of currency into circulation…Whereas you seem to be using the modern definition, which simply means high prices…But according to the original definition, high prices are the result of inflation…It might not sound like a big deal, but when we are trying to come up with a solution for “inflation”, it really makes a world of difference…👍 …The following is straight from Google on the original definition of inflation…. “The original meaning of the word "inflation" was a change in the ratio of currency in circulation to the amount of precious metal that made up a country's money. This was due to the depreciation of currency that occurred during the American Civil War, when the number of redeemable banknotes exceeded the amount of metal available to redeem them. So, in layman’s terms, what does this mean? Why did currency depreciate during the Civil War, causing the price of goods to increase? Google responded… “…During the Civil War, currency, particularly Confederate money, rapidly depreciated because the Confederate government printed excessive amounts of paper money to finance the war, which was not backed by any tangible assets like gold…” “…The term "inflation" has since come to be synonymous with a general increase in prices. This is because the word has evolved from being applied metaphorically to something, to being applied literally and consistently to prices.” 👍 So, now that we know that the increased currency into circulation has weakened the buying power of each dollar, causing prices on goods and services to increase, I came across two main options for fixing it… 1. Cut government spending Or 2. Raise taxes
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Look I get it…Your not supposed to agree with a Trump supporter…I promise I won’t tell anyone…😉
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Thats fine…I can buy this… Its really not that far off from what I said, so “fundamentally incorrect” seems a little dramatic, but whatever… I had heard from some economy people before, that because prices increased on things, that that was what the word “inflation” came to be known as- and that the original definition was more tied to “inflating” the currency, which in turn, diminishes the dollar, and leads to high prices… But I’m not going to split hairs, here…I think we both have a general idea of what it means…👍
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“Money available to be spent in the system”? What does this even mean? Thats not how inflation works…Maybe you need to read my previous post again… All of your questions that you asked, in your response, are there in my post… I would love to see a minimum 5% tax cut to all tax payers, and a minimum 5% reduction in government spending in the first year… What is your definition?
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Cutting spending is the key… As you know ”Infaltion” is simply artificially injecting more currency into circulation to pay for government spending…When you do this, it diminishes the value of each dollar currently in circulation…This causes the price of everything to increase, because each dollar is now worth less than it was before… So, while you can’t, technically, take currency out of circulation, cutting spending and giving tax cuts across the board will allow business to grow to a point where it will seem like the high prices aren’t as bad anymore- almost like the economy is catching up to the inflation… I don’t pretend to be an economist, but a tax break to everyone who pays taxes, and cutting government spending, is always a good start to getting the economy back on track… Unfortunately, politicians promise the world in order to get votes, so they are afraid to do it… But Trump’s policy of “no tax on tips” is a good start…👍 I would like to see a 5% reduction in government spending across the board…
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It better be to cut spending and reduce everyone’s taxes…So simple and proven to work time and again…But Big Government will always fight not feeding themselves…👍
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Well this is a first, I’ve never seen a person react to their own post, and then vomit at their response…🤣🤣
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Did the U.S. help install dictator Sadam Hussein to act as a counter to Iran, and to do the bidding of the U.S. government? This is just one example of dozens of times our government has done this around the world… One could argue that blackmail and coups (from Europe, to Africa, to South America, and US) are our #1 foreign/domestic policy strategy…👍 And everyone who opposes, or even questions, this strategy is told (by the Security State/Intelligence agencies) that they are echoing Russian propaganda- just like the Hunter laptop…blah blah blah… After constantly getting debunked, our intelligence agencies can only “go to the well” so many times before people start laughing at how much of a joke it has become…👍
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“Business incubators”? What is this?
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Maybe our LBs are too small…Edmonds never really had injury issues and he was a big dude…
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Week 2 - Bills at Fins - 2nd half game thread
JaCrispy replied to BuffaloBill's topic in The Stadium Wall
Sleep well, tonight, Bills nation…I love you all! 👍 -
Week 2 - Bills at Fins - 2nd half game thread
JaCrispy replied to BuffaloBill's topic in The Stadium Wall
Bitter sweet, as I hope Bernard doesn’t miss the rest of the season with a torn pec….🙏🙏🙏 -
Week 2 - Bills at Fins - 2nd half game thread
JaCrispy replied to BuffaloBill's topic in The Stadium Wall
He might be playing himself into another season with the team..😉 -
Week 2 - Bills at Fins - 1st half game thread
JaCrispy replied to BuffaloBill's topic in The Stadium Wall
I jinxed it!!! 🤣🤣🤣 WTG Ed Oliver!!!! -
Week 2 - Bills at Fins - 1st half game thread
JaCrispy replied to BuffaloBill's topic in The Stadium Wall
Bills d line is weak sauce -
Week 2 - Bills at Fins - 1st half game thread
JaCrispy replied to BuffaloBill's topic in The Stadium Wall
James T. Cook!!! -
By my count, I count 4 times the moderator has stepped in to contradict Trump and ZERO for Harris… The rebuttals should be left to the candidates, otherwise the moderators are favoring one side over the other…
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I’m hoping he stays out to sea…😉 Dude provided ZERO constructive commentary, and the constant name calling was the icing on the cake…👍
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Tyreek Hill apparently arrested this morning…
JaCrispy replied to stevestojan's topic in The Stadium Wall
Saw the police cam…Hill’s an a-hole and deserves what he got… Telling the cop not to knock on his window, and then rolling it up while he was talking to Hill, screams FU, and is very disrespectful…Even I know better not to do that…What an idiot… Learn to act civilized and maybe you won’t be put on the ground…👍