View Poll Results: What do you think the future of the USA will be like ?

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  • It will financially collapse

    10 18.87%
  • It will financially develop

    12 22.64%
  • a more conservative policy will dominate the country

    7 13.21%
  • a more socialistic movement will influence the country

    14 26.42%
  • It will go into world war 3

    5 9.43%
  • l dont know

    12 22.64%
  • political polarizations will cause many of these

    11 20.75%
  • other

    21 39.62%
Multiple Choice Poll.
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Thread: What do you think the future of the USA will be like ?

  1. #121
    Villiage Idiot
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    Re: What do you think the future of the USA will be like ?

    Quote Originally Posted by Carjosse View Post
    My Intro to Macroeconomics course was rather useful in helping understanding the jargon of the economics world.
    Unfortunately, these tea party types didn't take econ in college, they just "learned" about economics at the barber shop and on facebook. Of course most of that is disinformation.
    Quote Originally Posted by ocean515 View Post
    ...I'm not interested in debating someone who is trolling for an argument....
    Quote Originally Posted by Papa bull View Post
    I see a big problem with the idea that whatever the majority wants is OK.

  2. #122
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    Re: What do you think the future of the USA will be like ?

    Quote Originally Posted by imagep View Post
    you said "If the value of the dollar inflates to a level" If the value of the dollar inflates, that means that it becomes more valuable, and thus we would have deflation. I don't think that's what you intended to imply


    Sure, and they are backed by everything that I can buy with them. When was the last time that I couldn't purchase something or pay a bill with US dollars? Hell, if I want to, I can even exchange my dollars for GOLD.



    No qualified economist would ever consider that to be hyperinflation. But to any extent that you think it's hyperinflation, they why hasn't our economy already collapsed, seeing how we have been having hyperinflation for 40 years.

    Our government has been involved in our economy as long as we have had a government, but yes.



    No, when we have inflation, the value of the dollar is being deflated. Are you trying to play some sort of Tea Party opposite day game?
    1. Think of it like this, inflation is the inflating of the financial bubble. The more money there is the value is less, or he more air you blow into a balloon the rarity of the air molecules depreciates. Causing inflation

    2. You could buy gold, but you can't use it as legal tender. They're not backed by everything you can buy with them, they're backed on the amount of money held in reserve. Or the amount the federal reserve and participating banks hold as security reserves

    3.ˌhʌɪpərɪnˈfleɪʃ(ə)n/
    noun
    monetary inflation occurring at a very high rate. That's the definition of hyperinflation, idk any economist that would disagree with me

    4. State governments controlling the production of tender is different then government monopolizing industry after industry

    5. Ok you mean devalue it's a common mistake, please from now on think of my bubble analogy

  3. #123
    Sit Nomine Digna
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    Re: What do you think the future of the USA will be like ?

    Quote Originally Posted by imagep View Post
    Unfortunately, these tea party types didn't take econ in college, they just learned about economics at the barber shop and on facebook.
    I also learned the actual theories behind Classical and Keynesian economics, I can know laugh at some people's understanding and criticism of them.

  4. #124
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    Re: What do you think the future of the USA will be like ?

    Quote Originally Posted by Carjosse View Post
    Well I would to say that both of you are incorrect as inflation and deflation refer to price levels. The words you want are appreciate and depreciate. A depreciating currency causes inflation (in a classical sense).
    That's an argument amongst economists, and you mean neo-classical sense, however Austrians suggest that inflation of currency causes depreciation not the other way around

  5. #125
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    Re: What do you think the future of the USA will be like ?

    Quote Originally Posted by Carjosse View Post
    I also learned the actual theories behind Classical and Keynesian economics, I can know laugh at some people's understanding and criticism of them.
    Again you mean Austrians view of the actual praxeology of the market

  6. #126
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    Re: What do you think the future of the USA will be like ?

    Quote Originally Posted by imagep View Post
    Unfortunately, these tea party types didn't take econ in college, they just "learned" about economics at the barber shop and on facebook. Of course most of that is disinformation.
    Why are you trying to discredit me right now?

  7. #127
    Villiage Idiot
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    Re: What do you think the future of the USA will be like ?

    Quote Originally Posted by Libertie76 View Post
    1. Think of it like this, inflation is the inflating of the financial bubble. The more money there is the value is less, or he more air you blow into a balloon the rarity of the air molecules depreciates. Causing inflation
    Assuming that money is actually in circulation.

    2. You could buy gold, but you can't use it as legal tender. They're not backed by everything you can buy with them, they're backed on the amount of money held in reserve. Or the amount the federal reserve and participating banks hold as security reserves
    Which is exactly why the US dollar has value. We need it to make purchases with.

    3.ˌhʌɪpərɪnˈfleɪʃ(ə)n/
    noun
    monetary inflation occurring at a very high rate. That's the definition of hyperinflation, idk any economist that would disagree with me
    I double dare you to find any true economist claiming that we are having hyperinflation. A simple google search should give you tons of links, if what you believe is true.

    4. State governments controlling the production of tender is different then government monopolizing industry after industry
    So you seriously advocate for 50 different currencies in the US?
    5. Ok you mean devalue it's a common mistake, please from now on think of my bubble analogy
    I perfectly understand inflation - you are the one who referred to the devaluation of the dollar as "inflation".
    Quote Originally Posted by ocean515 View Post
    ...I'm not interested in debating someone who is trolling for an argument....
    Quote Originally Posted by Papa bull View Post
    I see a big problem with the idea that whatever the majority wants is OK.

  8. #128
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    Re: What do you think the future of the USA will be like ?

    Quote Originally Posted by Libertie76 View Post
    Why are you trying to discredit me right now?
    That wasn't particularly directed at you personally, just at tea party types.

    Its been my experience that most tea party types have their heads filled with a lot of mis-information and distortions, and are very much like conspiracy theorists.
    Quote Originally Posted by ocean515 View Post
    ...I'm not interested in debating someone who is trolling for an argument....
    Quote Originally Posted by Papa bull View Post
    I see a big problem with the idea that whatever the majority wants is OK.

  9. #129
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    Re: What do you think the future of the USA will be like ?

    Quote Originally Posted by imagep View Post
    Assuming that money is actually in circulation.



    Which is exactly why the US dollar has value. We need it to make purchases with.



    I double dare you to find any true economist claiming that we are having hyperinflation. A simple google search should give you tons of links, if what you believe is true.



    So you seriously advocate for 50 different currencies in the US?


    I perfectly understand inflation - you are the one who referred to the devaluation of the dollar as "inflation".
    1. Ok so you understand my analogy then

    2. We make purchases with the dollar because we have told the markets that we promise there is value. It's not the market purchases that have created the value, it's the legal tender of a private firm promising value in the currency. However, it's not the citizens saying that this is actually worth anything, because the u.s. Fiat dollar never went through practice economic cycles in the free market

    3. Harry Dent - DOW 6000 in 2014 – Will You Survive and Prosper? he suggests that there will be a period of deflation, right now. Then there will be hyperinflation, next year, because of the enormous amounts of dollar printing we are doing right now because of the very low interest rates. I almost didn't do it but you said double dare instead of just daring me

    4. Yes because the citizens would be able to decide which currency holds the most value through market competition

    5. Because that's what inflation is. The more money in society the less value of a dollar exists. However the carjosse argued that the less value if the dollar is calls for a need in the actual increase of currency. However I am saying it's that increase in the money supply that's actually causing the devaluation of the dollar

  10. #130
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    Re: What do you think the future of the USA will be like ?

    Quote Originally Posted by shrubnose View Post
    I believe that the USA will evolve into a more tolerant, inclusive society and that the GOP will shrink to a small, regional party when massive demographic change hits it like a tidal wave. I'm 71-years old and I expect to live long enough to see this happen.

    It's not right around the corner, but it's going to happen.

    No one can stop time and/or change.

    The clock is ticking.
    l hope you live long enough to see it ,we all see it
    "Sovereignty is not given, it is taken." ATATÜRK

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