The Man
has the Pod effect on all the ladies
pirate heartbreaker

The problem with people on fixed income is mobility. You split their money into 4ths and it's not laziness or mathematical ineptitude but gas prices and bus fares

Btw food stamps come in the form of a debit card. But in this discussion that doesn't matter

I like negative inc tax. Does it replace welfare services ?

oh so that's where I read that.

more nonsense!

Now my dad is saying welfare (subsidized living) lowers crime. because now those ppl don't steal. This is probably true too.

edit - semi but un-related welfare recipients commit crimes toward the end of their pay period due to mismanagement of funds

Yeah it's depressing As for messenger I don't really talk to people much because I'm a crazy xD

you should lay the smack down one of these days. party time!

edit: I was telling my dad that I'd prefer the government to raise interest rates (savings...though both rises together, right?) but he said that makes no sense [to the gov't?] because with a high interest rate for savings, foreign investors can take all of our monies O_o

what's he on about? did i even make sense xD

You were doing fine when you said we're all dead in the end. But then you had to ruin it by being all positive.

PFFT

oh I read that stuff about production based economies - I just was under the impression that a strict service industry or heavily service industry would not benefit [or not as much] from raises in minimum wage, because it does not go back into production - I'm just biased in thinking that production is the best, but i'm sure if you raised minimum wage (or had a negative income tax - intriguing concept) it will help people who otherwise are struggling.

Basically I think we agree - I don't think minimum wage has the effect of causing massive inflation, but there has to be a limit. #OWS has this jay peegee of a person demanding jobs as a right with a 20 dollar minimum wage. That's like 40 grand per person. Craziness.

I have a bad habit of learning something, getting religious about it (or fanatical, actually). Then I stop studying it, and then I adopt reasons to dismantle it.

Wait did I say bad habit? Anyway I would love to see something in mises.org say 'some government intervention can be good' - there's some stuff there that's pretty seriously argued - like how blackmail is just 'selling information', so I'm afraid your suspicion is pretty right.

I just like them because I'm against government printing money and for some reason I was led to believe that's the keynesian way, but really that's just bad practice no matter what. And couldn't you get hyperinflation with gold standard? just print more gold redemption notes than there's gold until somebody wises up. It's all nonsense imo

wtf do you have against the mises institute >: [
*attacks you*

I'm sure the useful admins around here feel the same way.

Probably. I haven't used that in years.