What is the Republican plan to bring down inflation?
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  What is the Republican plan to bring down inflation?
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Author Topic: What is the Republican plan to bring down inflation?  (Read 801 times)
Buffalo Mayor Young Kim
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« Reply #25 on: January 20, 2022, 07:49:44 PM »

liquidate labor, liquidate stocks, liquidate the farmers, liquidate real estate. Purge the rottenness out of the system.

Same answer as always
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Person Man
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« Reply #26 on: January 21, 2022, 08:49:13 AM »

Honestly, based on their statements, it seems like their plan is to make people poorer so that demand drops.

As opposed to allowing higher inflation that makes many Americans poorer? The nature of our situation is that we are collectively not as wealthy as we thought we were, one way or the other.

But who should be poorer. Those that can afford it or can't? Of course there is the argument that those who can shouldn't be because "they are good with money" but they are already wealthy to the point that the efficiency of giving them any more of anyone else's money has peaked.
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Person Man
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« Reply #27 on: January 21, 2022, 12:58:08 PM »

Honestly, based on their statements, it seems like their plan is to make people poorer so that demand drops.

As opposed to allowing higher inflation that makes many Americans poorer? The nature of our situation is that we are collectively not as wealthy as we thought we were, one way or the other.

But who should be poorer. Those that can afford it or can't? Of course there is the argument that those who can shouldn't be because "they are good with money" but they are already wealthy to the point that the efficiency of giving them any more of anyone else's money has peaked.

From where I stand, I see incomes failing to keep up and asset holders making out like bandits. Not the kind of redistribution that benefits working people.

I was making an argument about supply side economics, not that I agree with it.
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Xing
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« Reply #28 on: January 21, 2022, 01:01:34 PM »

Trigger the libz, which would apparently solve everything.
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LAB-LIB
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« Reply #29 on: January 21, 2022, 01:44:59 PM »
« Edited: January 21, 2022, 01:51:58 PM by LAB-LIB »

Honestly, based on their statements, it seems like their plan is to make people poorer so that demand drops.

As opposed to allowing higher inflation that makes many Americans poorer? The nature of our situation is that we are collectively not as wealthy as we thought we were, one way or the other.

I never said we shouldn't tackle inflation, I definitely think we should. I just think that the way to do it is to work out the supply-chain issues.
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