How should we punish China?

[Dutch Uncle]

The cash we have is only good because it is guaranteed by someone who honors their IOU's. Basically, your argument could be applied to the CSA, saying that they still have the worthless Confederate money, so they are the winners of the Civil War.

The way Trump is printing money, the US dollar will soon be worth as much as Confederate money.

 

[Into the Night]

Charolettesville?

What about Lizzie Grubman who rammed her car injuring 16 yelling "F*ck you White trash"

What about her? Criminal activity is criminal activity, even if racism is involved.

 

[Into the Night]

Alt-Right isn't a pejorative. It's the political leanings for nationalistic RW groups. The conservative "National Affairs" recognizes the ideology. Is your mask slipping?

https://www.nationalaffairs.com/publications/detail/answering-the-alt-right
Unlike many white-supremacist groups of the past, the alt-right wishes to claim an air of intellectual respectability. In their article "An Establishment Conservative's Guide to the Alt-Right," Allum Bokhari and Milo Yiannopoulos insist that the alt-right is "dangerously bright," and that this intellectual sophistication is the "one thing [that] stands out above all else" when distinguishing them from "old-school racist skinheads." That intellect — and not moral decency — is the primary differentiator between the alt-right and skinheads should alarm anyone, but given their fervent desire to be treated as intellectuals, it may be worth reviewing the political arguments they believe are so compelling.

Some might say that directly addressing the alt-right like this affords them a legitimacy that their numbers would not otherwise warrant and that they do not deserve. But while they are only a small minority, the alt-right has already had an outsized effect on political discourse in conservative circles, and members of their movement are finding their way into the corridors of power. This newfound influence has also empowered those like the white supremacists who rallied in Charlottesville this past August, who see this moment as an opportunity to regain lost political power.

It's a pejorative.

 

[Dutch Uncle]

It's a pejorative.

Not unless you think Neo-Conservative or Blue Dog Democrat is a pejorative.

 

[Into the Night]

Not unless you think Neo-Conservative or Blue Dog Democrat is a pejorative.

Non-sequitur fallacy.

However, these are both pejoratives as well.

 

[Dutch Uncle]

Non-sequitur fallacy.

However, these are both pejoratives as well.

More Bovinae Excreta but that's expected from people who take offense at everything. Neo-Con and Blue Dog Democrat are not pejoratives. The groups called themselves those names. Only snowflake cucks think "Alt-Right" is a pejorative.

PS "snowflake cucks" really an insult. Just wanted you to be aware some things really are pejoratives.

 

[Into the Night]

More Bovinae Excreta but that's expected from people who take offense at everything.

Compositional error fallacy. Argument of the stone fallacy. Bulverism fallacy.

Neo-Con and Blue Dog Democrat are not pejoratives.

Yes they are.

The groups called themselves those names.

Irrelevant. They are still pejoratives.

Only snowflake cucks think "Alt-Right" is a pejorative.

Insult fallacy.

PS "snowflake cucks" really an insult. Just wanted you to be aware some things really are pejoratives.

Insult fallacy.

 

[Dutch Uncle]

Compositional error fallacy. Argument of the stone fallacy. Bulverism fallacy.

Yes they are.

Irrelevant. They are still pejoratives.

Insult fallacy.

Insult fallacy.

ROFL I get it now. "Into the Night", son of "Serenity". Awesome.

 

[Walt]

Great situation to be in?

Yes, being paid to borrow money is a great situation to be in. I would love to be able to borrow money at negative effective interest rates.

Nazi Bitch cannot attack my point, so she claims it was about Covid-19. Did negative effective interest rates cause Covid-19? Of course not.

Nazis always try to change the subject suddenly to express their anger. "There is mass unemployment in Germany, so we need to kill the Jews to get more jobs for non-Jews." No one denies that there was high unemployment in Germany, and that was bad. But killing a Jewish physicist does not mean a Christian baker will get his job.

Holding China responsible would not bring on a depression, much less a "dark ages."

Defaulting on our debts would make the US Dollar worthless. You would no longer be able to buy things. You would no longer be able to get government benefits.

Whining that the Chinese are responsible does nothing.

Losing China as a trading partner won't happen

If we stop paying them for what we receive, yes they will. China is not going to provide us with things as charity.

And if we nuke China, they will not just stop trading with us, they will go to war with us.

Nazi Bitch lives in a fantasy world where the Chinese will keep providing stuff for us, no matter what we do.

 

[Walt]

Don't want to think about cutting spending? How about that?

OK, lets say we have spending cuts of 90%. We would have to abandon the old to nothing, and stop funding any roads. It is starting to sound like a dark ages.

 

[Walt]

You didn't respond to the argument at all. Get off your high horse.

I responded that defaulting on the national debt would destroy our economy, and nuking China would mean we would get nuked back. Those are counter arguments to your "solutions".

 

[Walt]

Charolettesville? What about Lizzie Grubman who rammed her car injuring 16 yelling "F*ck you White trash"

I am not going to defend Grubman, but she did not target anyone due to politics. She rammed her car into 26 people, not 16 people. She hit wealthy people over an argument with an Hispanic immigrant security guard who asked her to get out of the fire lane. There was a lot of entitlement in her actions, and in the police treating her as almost a victim.

 

[BattleofHodow]

I am not going to defend Grubman, but she did not target anyone due to politics. She rammed her car into 26 people, not 16 people. She hit wealthy people over an argument with an Hispanic immigrant security guard who asked her to get out of the fire lane. There was a lot of entitlement in her actions, and in the police treating her as almost a victim.

She yelled "fck you white trash"

What is that, sure sounds racially charged to me.

 

[Walt]

If people lose that faith, the dollar will collapse.

If we stop servicing our debts, people will lose faith in our debts (including the US Dollar).

There is one exception: Iran, which uses a gold backed currency.

I believe you are mistaken. Iran, like the USA, does have gold coins, but their general currency (rial and toman). The toman is 10,000 rials, and is being used because inflation is so high in Iran.

Gold has a history of being used as money for a good reason: It is easily checked for purity, and it is easily standardized in units of weight. It also does not tarnish.

Gold is a tiny part of the overall economy. Having inflation/deflation suddenly happen because of gold production would devastate the overall economy. And gold is very susceptible to a deflationary trap, which was the primary problem before the pandemic, and may still be a major problem.

In the EU and Japan, it has gotten so bad that interest rates are NEGATIVE. This effectively says, "Take our money! We'll PAY you to take it!". Needless to say, these economies are NOT doing well.

There is a huge problem with deflation, but I doubt gold is the answer to that. Water may be a good solution to droughts, but it is not a good solution to floods. The EU and Japan have major problems with money being hoarded. They are trying to penalize saving money, and reward spending. Gold would encourage hoarding, as it went up in value, and discourage spending. There would be no way to break the deflationary trap.

We are facing the very real possibility that fiat money worldwide will be rejected within our lifetime.

We have seen the disappearance of inflation in any first world economy for over a generation. We would need to see that long standing trend reverse first, and then we might see hints of a rejection of fiat currency.

The faith in the dollar is being lost.

And yet with every crisis, people flood into the US Dollar, and this one more than most. People have more faith in it than anything else.

 

[Walt]

The way Trump is printing money, the US dollar will soon be worth as much as Confederate money.

When the Fed had to print money to give major corporations cash on hand to service their debts, it was scary. We have never had to do that before, and it happened in September, well before the pandemic.

I honestly do not know where we are, and I doubt anyone does. The economy is shifting so quickly that statistics are very stale before they are published. trump, and his appointees, are not very knowledgable... But even the knowledgable people really do not know much about this level of insanity.

Up until September, there had been less inflation than we wanted for over a decade, and little inflation for nearly 40 years. After September and then the pandemic... WHO KNOWS.

 

[Walt]

She yelled "fck you white trash"

What is that, sure sounds racially charged to me.

She is wealthy and white, and she hit wealthy white people.

 

[Walt]

Why is Alt Right a pejorative? They were perfectly happy to call themselves that at first. In fact, they were accused of using that to cover up their old pejorative names. There is nothing wrong with Alt Rock, or other "Alt" terms.

Maybe the problem is the people who have to change what they call themselves every year or two. Neo-Nazis do horrible things, so the term "Neo-Nazi" becomes pejorative, so they start calling themselves Alt Right. The Alt Right does horrible things, so the term "Alt Right" becomes pejorative, so they start calling themselves something else. Under that theory, the problem is not really the words, but what the words describe.

 

[BattleofHodow]

She is wealthy and white, and she hit wealthy white people.

Fields injured a bunch of Whites too.

 

[Dutch Uncle]

When the Fed had to print money to give major corporations cash on hand to service their debts, it was scary. We have never had to do that before, and it happened in September, well before the pandemic.

I honestly do not know where we are, and I doubt anyone does. The economy is shifting so quickly that statistics are very stale before they are published. trump, and his appointees, are not very knowledgable... But even the knowledgable people really do not know much about this level of insanity.

Up until September, there had been less inflation than we wanted for over a decade, and little inflation for nearly 40 years. After September and then the pandemic... WHO KNOWS.

The economy is robust but it cannot survive the present trend of debt increases.

 

[domer76]

Some are suggesting that we don't pay back the money that they loaned us. I say that is a good start...

^Typical Trumptard. Trying to lay blame on China to divert and distract from Trump’s major fuckup.