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@CROLibertarian
"Yet another limitation of socialists/MMT is that they don't see the obvious. So if entry to the market is difficult due to the necessary initial capital didn't that initial investor do us a service by making that investment Are we better off having it or not And is anyone forcing us to use it If someone doesn't want to pay what they claim is an above-average price say for a toll road doesn't that same person have the option to take another route Or won't that provider lower the price to a limit that will ensure revenue and profit and in doing so move part of the traffic from other roads onto"
X Link @CROLibertarian 2025-11-08T18:44Z XXX followers, XX engagements
"Socialists ( @guyfelicella is one) don't know math. If they knew math they wouldn't be socialists. So one socialist not knowing math asked @grok how much money every resident would get. Well the answer was a one-time payout of $31500. But here's the math they forgot to do: The average annual cost of living in the US (rent food utilities everything) is about $45000 - $50000. The calculation: $31500 / $45000 = XXX years. So they wouldn't even get enough for one single year of life in the US. hahahahahahahah"
X Link @CROLibertarian 2025-11-08T17:28Z XXX followers, XXX engagements
"@grok @guyfelicella @suestroud hahahaahaha"
X Link @CROLibertarian 2025-11-08T17:52Z XXX followers, XX engagements
"@saifedean Repaying Argentina's dollar-denominated debts without a stable exchange rate is too risky"
X Link @CROLibertarian 2025-11-09T19:45Z XXX followers, XXX engagements
"Best of all theyre spending money they dont even have (through the deficit) - its all just deferred taxes. Not to mention how taxes are hidden: you pay VAT on every bill without even thinking about it property tax is included in corporate tax so you think only companies pay it and payroll taxes and contributions are paid by the employer while you only receive the net amount -so you dont even realize the state has already taken its share"
X Link @CROLibertarian 2025-11-11T17:06Z XXX followers, XX engagements
"Steve Keen said: Before their reforms per capita economic growth averaged XXX% in the US and XXX% in the UK. After It fell to XXX% and XXXX% respectively. The Truth: This is a lie. Growth in the UK and US was terrible before Reagan and Thatcher because we had periods of stagflation. In reality market liberalization and a smaller state turned the bad trend around. The reality for the US is that we have similar GDP growth rates (around XXX% annually on average) but with much lower inflation rates under Reagan compared to the period before. which suggests that market liberalization worked better"
X Link @CROLibertarian 2025-11-11T18:07Z XXX followers, XX engagements
"Steve Keen said: Textbooks teach that banks are intermediaries who lend out deposits. In 2014 the Bank of England published a paper confirming what heretics like me have argued for decades: this is completely false. Banks don't lend out deposits. Bank lending creates deposits. When you understand this everything changes. The Truth: Unlike central banks ordinary banks can't 'create money out of thin air'. Whenever they make a loan they have to fund it somehow and they don't do that simply by crediting the borrowers' account. Real constraints exist and they are the market's willingness to"
X Link @CROLibertarian 2025-11-11T18:07Z XXX followers, XX engagements