General Discussion

upaloopa

(11,417 posts)

17. You know that they are called the 1% for a reason don't you?

Reply to ljm2002 (Reply #16)

Wed Sep 10, 2014, 11:34 AM

Sep 2014

When we talk about inflation we mean the price of all goods and services relative to the supply of money in the hands of consumers. The 1% does not represent the consumers in the above idea.
You give them money they save it. That is the difference between them and us. We spend they save.
I think like the right, your are trying to make sense out of a false ideology.

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To Fix The Economy, Let's Print Money & Mail It To Everyone [View all] big_dog Sep 2014 OP

Bush did that. Printed checks with his name on them. louis-t Sep 2014 #1

Foreign Affairs says something around 2k should do it big_dog Sep 2014 #2

Bought a lot of votes lame54 Sep 2014 #4

Does inflation ring a bell? upaloopa Sep 2014 #3

This message was self-deleted by its author big_dog Sep 2014 #5

That is what Republicans say about minimum wage. yeoman6987 Sep 2014 #6

Except the poster said nothing about the minimum wage. Kingofalldems Sep 2014 #7

It's got nothing to do with politics. upaloopa Sep 2014 #8

This is Econ 101 tkmorris Sep 2014 #10

That makes some serious and unwarranted assumptions Lefty Thinker Sep 2014 #11

I kept it simple just because it seemed like that is what upaloopa Sep 2014 #14

With That Background. . . ProfessorGAC Sep 2014 #53

We're suffering from stagflation... ljm2002 Sep 2014 #12

Because there is no worth to the money. upaloopa Sep 2014 #15

Theory only gets you so far... ljm2002 Sep 2014 #16

You know that they are called the 1% for a reason don't you? upaloopa Sep 2014 #17

au contraire... ljm2002 Sep 2014 #43

New rule: no mentioning Econ 101 until you take 301,302.... Taitertots Sep 2014 #20

I guess you can give a discussion on what you mean then upaloopa Sep 2014 #22

Inflation...? CEO pay up over 900% since '78.... Bigmack Sep 2014 #37

Remember Romney's 47%? Some of them live right here upaloopa Sep 2014 #38

Can we print enough to put in our own offshore accounts, too? nt valerief Sep 2014 #9

We gave some $16 trillion to the banks to "lend" to us magical thyme Sep 2014 #13

there are issues you are not aware of upaloopa Sep 2014 #24

I am aware that more dollars chasing fewer goods = inflation magical thyme Sep 2014 #25

There is a reason we are not doing what you say we should. upaloopa Sep 2014 #28

like the right? seriously?!? I explained why I don't think it won't cause inflation magical thyme Sep 2014 #29

You have nothing to support what you say. No evidence, history upaloopa Sep 2014 #39

Per Pew Research the 2008 crash cost $108K per household magical thyme Sep 2014 #40

and I hear crickets. No surprise, since my statements are supported by facts. magical thyme Sep 2014 #42

Thanks quaker bill Sep 2014 #49

Ok, you are plain wrong MFrohike Sep 2014 #46

Milton Friedman called, he said the 1970's want their pseudo economic theories back Taitertots Sep 2014 #31

IIRC, the Bush checks were denied to those with student loans. grasswire Sep 2014 #30

the article I read on giving the money directly to the bottom 80% said outright magical thyme Sep 2014 #35

I have a problem with "paying off student loans and purchasing a home"... Bigmack Sep 2014 #44

Since the money was stolen from us to begin with, I believe a substantial magical thyme Sep 2014 #56

Daddy, There really is a Money Tree in the Back Yard !! Tuesday Afternoon Sep 2014 #18

That service is only available to banksters. marmar Sep 2014 #19

The Right Wing wealthy need to stop this "we don't need you" attitude AZ Progressive Sep 2014 #21

It is an old problem BlindTiresias Sep 2014 #23

Will it get printed and mailed every day? If not, the govt should give ppl jobs. nt valerief Sep 2014 #26

What do think will happen when people spend the money? Taitertots Sep 2014 #32

For a day. nt valerief Sep 2014 #47

Why? Do they burn the money after it gets spent once? Taitertots Sep 2014 #52

It gets siphoned to the govt via taxes for WAR so the rich can get richer. valerief Sep 2014 #54

You think that would happen in one day Taitertots Sep 2014 #55

a presidential candidate needs to offer this to the electorate grasswire Sep 2014 #27

A one time check to people would do nothing to cure the problems facing the working class abelenkpe Sep 2014 #33

I would prefer a work program designed to rebuild America infrastructure. B Calm Sep 2014 #34

Two words: Bake Sale NightWatcher Sep 2014 #36

The old helicopter money drop Taitertots Sep 2014 #41

I posted about this above... Bigmack Sep 2014 #45

The 1980 measurement of inflation says its 8-10 percent. roamer65 Sep 2014 #48

I'd like enough to pay off 6 more years of student loans please. ileus Sep 2014 #50

Exactly that was the republican plan to solve the recession. DetlefK Sep 2014 #51

BINGO! B Calm Sep 2014 #57

Skim the scum off the top... hunter Sep 2014 #58