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There have been some pretty extensive studies that indicate that when you give poor people money, they become less poor. When you give poor people enough money to live on, they stop being poor. It’s a radical concept, but it’s also the truth.
South American experiments with printing money make the studies hard to believe. You can’t simply give people money without causing a devaluation in said money. You have to take it away from the market somehow (so, tax the shit out of the rich)
You can’t simply give people money without causing a devaluation in said money.
The government surely can.
The government has the power to levy taxes.
The government has comprehensive powers for regulating the value of currency, through control over the money supply.
At any rate, the government printing money for workers cannot possibility be worse for workers than the government printing money for businesses, as it is doing now.
I suppose, though, you might take comfort in how inflation now is being so effectively prevented, instead of causing needless human suffering.
I agree with both of you. The USA should stop support in total and let the nations of the world do for themselves. We have carried that burden way too long, as the rest of the world turns it’s back, or complains about what we do.
There is a difference between capitalism and globalization. You can still have radical capitalism, with near sight/profit orientated exploitation of your local system.
Did I misunderstand something in your statement or did you just don’t understand what current practiced radical capitalism means?
I have a complete understanding, but I don’t think what I said supports radical capitalism in any way. I want US dollars spent domestically. Period. Minimal global support, just like every other major nation of the world. The United States should no longer do anything more than the 2nd place country.
