Where does Yang's $1,000 a month money comes from and why | |
Larry D. Croc
User ID: 70736097 United States 10/08/2019 04:13 PM Report Abusive Post Report Copyright Violation | If Yang wins, I’ll be a millionaire in months. Quoting: Anonymous Coward 77909687 I run a small convenience store in a rural community. Think about it. Go Yangy! I appreciate the humor. Now imagine that what YOU pay for the products you sell are increased at the wholesale level by 12-18% Now imagine that you have to add 15-18% PLUS local/state sales tax to your increased prices. Yup, the cash flow will go up but, hate to tell ya, your profits not nearly as much. "Socialism only works in two places: Heaven where they don't need it and hell, where they already have it." Ronald Reagan The trouble with our liberal friends is not that they're ignorant; it's just that they know so much that isn't so." Ronald Reagan |
Anonymous Coward User ID: 72177819 United States 10/08/2019 04:16 PM Report Abusive Post Report Copyright Violation | Like most absurd proposals, it doesn't solve the problem of poverty...income is not what causes poverty, it's how people spend their money...how you handle money says volumes about you, no hiding or faking that... Quoting: BRIEF so an adult family of 4 receiving a UBI of 4k a month wouldnt decrease poverty for them ?... because theyll be spending it all on crack and bitcoins amirite. |
Anonymous Coward User ID: 72177819 United States 10/08/2019 04:18 PM Report Abusive Post Report Copyright Violation | If Yang wins, I’ll be a millionaire in months. Quoting: Anonymous Coward 77909687 I run a small convenience store in a rural community. Think about it. Go Yangy! I appreciate the humor. Now imagine that what YOU pay for the products you sell are increased at the wholesale level by 12-18% Now imagine that you have to add 15-18% PLUS local/state sales tax to your increased prices. Yup, the cash flow will go up but, hate to tell ya, your profits not nearly as much. If Yang wins, I’ll be a millionaire in months. Quoting: Anonymous Coward 77909687 I run a small convenience store in a rural community. Think about it. Go Yangy! I appreciate the humor. Now imagine that what YOU pay for the products you sell are increased at the wholesale level by 12-18% Now imagine that you have to add 15-18% PLUS local/state sales tax to your increased prices. Yup, the cash flow will go up but, hate to tell ya, your profits not nearly as much. lol , those numbers are completely arbitrary and do not reflect reality whatsoever . if you disagree then show your math . |
Anonymous Coward User ID: 73874903 United States 10/08/2019 04:23 PM Report Abusive Post Report Copyright Violation | |
MountainTux NLI
User ID: 68259977 Canada 10/08/2019 04:25 PM Report Abusive Post Report Copyright Violation | The only beneficiaries of UBI would be bankers, because it would give them a little more time to stash their money offshore, and settle in to their bug out bunkers before the whole ponzi scheme falls apart. Quoting: Anonymous Coward 78059714 If you think the only beneficiaries of UBI would be bankers before the balloon goes up, then you obviously don't know any places to get good deals on ammo and MREs. $1000 buys a lot of bullets and beans, spent wisely. Just a month or two or three of $1000, and one could stockpile enough supplies for years of turmoil. With UBI there would absolutely be a window of opportunity to make use of the increased income to stock up on supplies. And, if naysayers such as yourself are correct, one could leverage that windfall into emergency gear for the coming storm. It is going to happen one way or the other. Trump is only a delay on the inevitable. He bought us some time, that's it. But, if Yang is right, and UBI does help the economy, and everyone can breath a little easier, and money really can trickle up, then $1000 a month still buys a lot of ammo and MREs. I still say the ball is in Trump's court, and the bid now stands at $1000. Let's see some of that Art of the Deal magic and get a bid of $1001 per month. Shall we? The information has been handed to you, but you choose not to understand. If UBI were to be implemented, that $1000 dollars WON'T buy a lot of bullets and beans, no matter HOW wisely you try to spend, because THE COST OF EVERYTHING WILL INCREASE. There's no win - win here, only massive inflation tied to the loss of value in the dollar. Your buying power will be 1/8th of what it was before you ever get that first check, guaranteed, because the businesses will be increasing prices as SOON as a UBI is guaranteed - not AFTER you get your first few payments. Soldiers in the Free Shit army never seem to understand cause, effect or consequence... everything will be fine, and all expenses will be paid by "other people." That's NOT how it works, and all a UBI will do is benefit those on the RECEIVING end - which is, ultimately, the bank, because all money lives there eventually. They own the game - you think they'll condone or allow you to get your grubby hands on THEIR money? They will help Yang because it means MORE unbacked fiat can roll into their accounts, to be converted to something with actual value before the collapse. Someone else pointed out the Deutschmark failure just prior to WWII... something I encourage EVERYONE that is part of the free shit army to try and understand before it's too late. THIS time, a war won't boost industry, because war is a different beast now. So when that $1000 is only buying you $100 worth of beans and ammo, but COSTING you $500 in taxes a year,remember that people tried to explain basic economics to you. ad ignorantiam - The assumption of a conclusion or fact based primarily on lack of evidence to the contrary. Usually best described by, “absence of evidence is not evidence of absence.” |
Anonymous Coward User ID: 77992195 United States 10/08/2019 04:26 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 75644024 United States 10/08/2019 04:30 PM Report Abusive Post Report Copyright Violation | |
Larry D. Croc
User ID: 70736097 United States 10/08/2019 05:36 PM Report Abusive Post Report Copyright Violation | If Yang wins, I’ll be a millionaire in months. Quoting: Anonymous Coward 77909687 I run a small convenience store in a rural community. Think about it. Go Yangy! I appreciate the humor. Now imagine that what YOU pay for the products you sell are increased at the wholesale level by 12-18% Now imagine that you have to add 15-18% PLUS local/state sales tax to your increased prices. Yup, the cash flow will go up but, hate to tell ya, your profits not nearly as much. If Yang wins, I’ll be a millionaire in months. Quoting: Anonymous Coward 77909687 I run a small convenience store in a rural community. Think about it. Go Yangy! I appreciate the humor. Now imagine that what YOU pay for the products you sell are increased at the wholesale level by 12-18% Now imagine that you have to add 15-18% PLUS local/state sales tax to your increased prices. Yup, the cash flow will go up but, hate to tell ya, your profits not nearly as much. lol , those numbers are completely arbitrary and do not reflect reality whatsoever . if you disagree then show your math . Here ya go, read a little bit. My numbers, based on having done business in various European countries, is far from arbitrary... [link to www.crfb.org] "Socialism only works in two places: Heaven where they don't need it and hell, where they already have it." Ronald Reagan The trouble with our liberal friends is not that they're ignorant; it's just that they know so much that isn't so." Ronald Reagan |
Anonymous Coward User ID: 47752129 Canada 10/08/2019 05:57 PM Report Abusive Post Report Copyright Violation | Look. There are two ways a UBI could be financed. With debt. Or with equity. The only one they tell you about is debt. If it was financed with equity, yes, it would be inflationary, but it wouldn't need to have TAXES instated, to pay off the debt! There would be no new debt, associated with the UBI! But... You would have to get rid of banks ability to create money out of thin air. AKA fractional reserve banking, would have to be eliminated. So that would be deflationary, and it would be offset by UBI's inflationary impact. Banks would obviously NOT agree to this, and nor would the MSM ever tell you financing it with EQUITY is even an option! The savings would come from eliminating the welfare system, with its bureaucracy and loopholes. And it would actually spur the economy. You know, like how the banker bailouts spurred on Wall St? |
JAZZz50
User ID: 77771189 United States 10/08/2019 08:58 PM Report Abusive Post Report Copyright Violation | does it matter that i say it is 0 dollars or 0 pennies? nope u is stil broke. if i make it so that 0 is 1000 what does that do? will u feel better? so now add 1000 to everything u buy. how much richer are u? do i need to retell stories of how "rich" u are compared to 1970 or 1930?fo watch an old movie or Little House on the Prairie.u earn 50 times more than my grnadfather did yet u woud be lucky to buy half of what he was. more income has solved nothing. well it did 1 thing,gave more $$ to the govern. for each 1 dollar u earn they take their cut. next time do some research before u type on here. JAZZZ50 2020 The SHTF literally as TP ran out. we went from being over the target, to actually being the target. too close to the truth. if i had a dollar for everytime someone says "merge" without using the word, i'd b so green i'd b King of Mars. |