Liberal Forum

First of all, Merry X-mas EVE you ****.

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Now onto the main course:

https://x.com/elonmusk/status/1871451701976412293

The “fixed pie” fallacy is at the heart of much wrong-headed economic thinking. There is essentially infinite potential for job and company creation. Think of all the things that didn’t exist 20 or 30 years ago!

Omg...I hear this **** all the time. It's not that simple.

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1. No, there is no "infinite" potential for job and company creation. 

"Innovation" is a function of human creativity, intelligence, and prior technology which is finite.

2. Anyone who looks back 4000 years can see that there are eras of great progress / innovation (usually spanning 30-80 years) resulting in large-scale prosperity and economic growth.

In between these eras are centuries of stagnation and sometimes cataclysmic events that revert progress by centuries (sometimes the underlying civilization is utterly destroyed).

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3. [In regards to the modern eCONomy]

Sorry, but if Elon is referring to the United States as a supposed engine of "boundless, fathomless innovation," the reality is that shuffling papers in some soulless corporate suit and moving paper assets around (as many of these "sovereign wealth funds" / pension funds are currently doing) and paying a bunch of middlemen (brokers, bankers, inspectors / regulators, CC payment gateways, etc.) "fees" / salaries is NOT "INNOVATION!"

It just means more paper money changes hands (+GDP)

Higher GDP is not == "innovation."

Innovation usually leads to increased GDP, but goosing up GDP =/= innovation (a statement of non-equivalence / basic logic the **** on this forum can't grasp)

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In the past ~25 years, almost all the extra "GDP" in the United States came from the following:

1. Immigration (+ consumption)
2. Government spending and subsidies 
3. Financial services (+ fees from every transaction)

So ELON IS FULL OF SH*T!

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Now go review this if you are < 1 SD (because you probably didn't get anything I wrote) and take a nappy nap.

And here's a BONUS XMAS SPECIAL, FROM PAUL CRAIG ROBERTS WARNING ABOUT THE [({ FINANCIERS })] STEALING FROM YOU!!! 

(PCR also laughs at RETARDS for being clueless about the RUG PULL INCOMING SOON!!!        )

https://www.paulcraigroberts.org/2024/0 ... on-part-3/

MOST IMPORTANT SNIPPETS:

As the authorities have set in place a system that bails out secured creditors with our bank deposits, stocks, and bonds, we will have no money and no financial assets to sell for money. People with mortgaged homes and businesses will lose them, as they did in the 1930s, when they lost their money due to bank failures.

People with car payments will lose their transportation. The way the system works is you lose your money but not your debts.

Bank failure meant that you lost the money you had in the bank. It means the same thing today regardless of deposit insurance, because your deposits have been turned into collateral for creditors.

Moreover, FDIC deposit insurance is a joke.

The FDIC’s assets are in the billions. Bank deposits are in the trillions.

The Dodd-Frank Act prioritized derivatives over bank depositors, so a bank account holder is in line behind derivative claims. Apparently, FDIC insurance claims will be issued in the form of issuance of stock in a failed bank.

The FDIC’s assets are in the billions. Bank deposits are in the trillions.

 Under the regulatory regime in place, financial collapse today means that money will be drained from the economy and be concentrated along with all wealth in a few hands. A modern-day economy cannot function without money and without companies that serve as distributors of food, goods, and services. Webb notes that it is a perfect opportunity for central banks to introduce Central Bank Digital Currency (CBDC) with which they have been experimenting.
 The provision of CBDC to the population would provide a money supply and income to a population in total chaos and restore order to a grateful population. But it would also give total control to rulers. Webb quotes Augustin Carstens, general manager of the Bank for International Settlements who says that the key difference between present day currency and Central Bank Digital Currency is that with CBDC the central bank will know how each person uses their allotment of digital currency which gives the central bank absolute control over you via the capability to regulate your purchases, to turn off disapproved purchases, to discipline dissenters.

You will be supplied with the means of life as long as you have a good social credit score, which means that you are a non-dissenter of official narratives.

 

LowIQTrash » 24 Dec 2024, 4:38 pm » wrote: ↑

24 Dec 2024, 4:38 pm

First of all, Merry X-mas EVE you ****.

--------------------------------

Innovation usually leads to increased GDP, but goosing up GDP =/= innovation (a statement of non-equivalence / basic logic the **** on this forum can't grasp)

------------------------------------------

In the past ~25 years, almost all the extra "GDP" in the United States came from the following:

1. Immigration (+ consumption)
2. Government spending and subsidies 
3. Financial services (+ fees from every transaction)

So ELON IS FULL OF SH*T!

-----------------------------------------

Now go review this if you are < 1 SD (because you probably didn't get anything I wrote) and take a nappy nap.

Murrah Criminus and Seasons Beatings to you too muffugggah...!!
It makes sense that [[[THEY]]] can't allow the number of nonproductive Idle Rich folk to get out of hand. 
There's already too many Trust Fund Babys 
Every failed **** World society has 95% of the wealth in the hands of 5% of the people [or something like that]
So yeah....it's about time for [[[THOSE WHO CONTROL EVERYTHING]]] to put on the brakes.
When it comes to consumables like food and drink we sure have been in an innovative slump. 
Most recent innovation [like terminal seeds, GMOs and chemical preservatives] are cost cutting evils that also help the supply chain to keep up with overpopulation.. 
There are lots of items on the shelves that date back 50 to 100 years. I think Milky Way bar has turned 100 by now.

The many layers of non productive EZ MONEY parasites that you point out in the cash flow system might be close to outnumbering those who actually get their hands dirty...especially when you include all government workers and  welfare recipients.
My parents would joke about that day coming...but nobody thought that pretty inconceivable  "tipping point" was due to happen anytime soon.
My GD era parents also didn't need anyone to tell them that  owning your own home and car outright was where all of your energies needed to go before you could relax enough to spend a nickel of self indulgences.
Yep...the FDIC has assets in the billions that are  needed to cover trillions of dollars worth of our bank balances.
I think those of us who are "sitting pretty" would be smart to invest in building supplies like roofing, lumber, fasteners, plumbing pipe and fittings, well pump apparatus, circuit breakers, rolls of electrical cable...basically keep "running spares" of everything you might wish you had on hand 10 years from now.
One of my uncles who was a rancher down in Bakersfield led his life this way and it rubbed off on me.

 
 

*GHETTOBLASTER » 24 Dec 2024, 5:35 pm » wrote: ↑

24 Dec 2024, 5:35 pm

Murrah Criminus and Seasons Beatings to you too muffugggah...!!
It makes sense that [[[THEY]]] can't allow the number of nonproductive Idle Rich folk to get out of hand. 
There's already too many Trust Fund Babys 
Every failed **** World society has 95% of the wealth in the hands of 5% of the people [or something like that]
So yeah....it's about time for [[[THOSE WHO CONTROL EVERYTHING]]] to put on the brakes.
When it comes to consumables like food and drink we sure have been in an innovative slump. 
Most recent innovation [like terminal seeds, GMOs and chemical preservatives] are cost cutting evils that also help the supply chain to keep up with overpopulation.. 
There are lots of items on the shelves that date back 50 to 100 years. I think Milky Way bar has turned 100 by now.

The many layers of non productive EZ MONEY parasites that you point out in the cash flow system might be close to outnumbering those who actually get their hands dirty...especially when you include all government workers and  welfare recipients.
My parents would joke about that day coming...but nobody thought that pretty inconceivable  "tipping point" was due to happen anytime soon.
My GD era parents also didn't need anyone to tell them that  owning your own home and car outright was where all of your energies needed to go before you could relax enough to spend a nickel of self indulgences.
Yep...the FDIC has assets in the billions that are  needed to cover trillions of dollars worth of our bank balances.
I think those of us who are "sitting pretty" would be smart to invest in building supplies like roofing, lumber, fasteners, plumbing pipe and fittings, well pump apparatus, circuit breakers, rolls of electrical cable...basically keep "running spares" of everything you might wish you had on hand 10 years from now.
One of my uncles who was a rancher down in Bakersfield led his life this way and it rubbed off on me.

your uncle a prepper?
 
 

ROG62 » 25 Dec 2024, 11:52 am » wrote: ↑

25 Dec 2024, 11:52 am

your uncle a prepper?

He was a child of the GD..so naturally he was a hoarder of certain things.
He had a first generation Ford Bronco...well he had several.
He would  buy all other Broncos he could get his hands on to use as spare parts cars to cannibalize.
Just in case.
Over the years he amassed a pretty impressive hoard and as luck would have it those early Broncos are worth a lot of money now.
Car hoarders are pretty common in the SW...common enough to make a short TV series about a pair of professional Car Restorers who would approach the Hoarder with an offer to fully restore ONE of his cars in exchange for surrendering the rest of his hoard.

The show was called "Rusted Development" and it's worth a look if you like .

 

Even the Apostle Paul
questioned Jew power.....

Most US Christians are FAKE.
Neocon CUCKS

Sumela » 25 Dec 2024, 9:47 pm » wrote: ↑

25 Dec 2024, 9:47 pm

Most US Christians are FAKE.

 

I'm one of them.
I guess I'm a "reverent agnostic"....which means that I'm sure our limitless Universe required some sort of Intelligent design...but I can't figure out who created our Creator and his Creator and how anything can have no actual beginning or end. 
Preaching that there was once "nothingness" is impossible for me to fathom.
I'd rather believe that eternity means ETERNITY, even though that concept is impossible to explain.
 

*GHETTOBLASTER » 24 Dec 2024, 5:35 pm » wrote: ↑

24 Dec 2024, 5:35 pm

Murrah Criminus and Seasons Beatings to you too muffugggah...!!
It makes sense that [[[THEY]]] can't allow the number of nonproductive Idle Rich folk to get out of hand. 
There's already too many Trust Fund Babys 
Every failed **** World society has 95% of the wealth in the hands of 5% of the people [or something like that]
So yeah....it's about time for [[[THOSE WHO CONTROL EVERYTHING]]] to put on the brakes.
When it comes to consumables like food and drink we sure have been in an innovative slump. 
Most recent innovation [like terminal seeds, GMOs and chemical preservatives] are cost cutting evils that also help the supply chain to keep up with overpopulation.. 
There are lots of items on the shelves that date back 50 to 100 years. I think Milky Way bar has turned 100 by now.

The many layers of non productive EZ MONEY parasites that you point out in the cash flow system might be close to outnumbering those who actually get their hands dirty...especially when you include all government workers and  welfare recipients.
My parents would joke about that day coming...but nobody thought that pretty inconceivable  "tipping point" was due to happen anytime soon.
My GD era parents also didn't need anyone to tell them that  owning your own home and car outright was where all of your energies needed to go before you could relax enough to spend a nickel of self indulgences.
Yep...the FDIC has assets in the billions that are  needed to cover trillions of dollars worth of our bank balances.
I think those of us who are "sitting pretty" would be smart to invest in building supplies like roofing, lumber, fasteners, plumbing pipe and fittings, well pump apparatus, circuit breakers, rolls of electrical cable...basically keep "running spares" of everything you might wish you had on hand 10 years from now.
One of my uncles who was a rancher down in Bakersfield led his life this way and it rubbed off on me.

There is always an insidious attempt to associate innovations of the past with "innovations" of the present.

Microwaves, magnetic rail, and transistors are being equated with food delivery "software" apps like DoorDash and "online dating" like {{( Match.com )}} 

So if you say you are against "Fake and Gay" clown world "innovations," that must mean you are "against innovation" (to the midwit crowd)

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The fatal error of a lot of these "rich trust fund babies" is that they assume because their money is in some "digital vault," that it cannot be accessed or taken from them. When the next series of crises begins, they will find how wrong they are.

History is replete with societies collapsing and generational wealth being confiscated or outright destroyed.

"The world is a battlefield, for which you must remain eternally vigilant"

Any rich trust fund baby who doesn't begin with that assumption will lose generations of $$$. And it will arguably be better for society in the long run (although everyone will suffer).

I am more convinced than ever before it is inevitable since we are almost done with a "supercycle" dating back to 1932.

 
 

LowIQTrash » 26 Dec 2024, 7:50 am » wrote: ↑

26 Dec 2024, 7:50 am

There is always an insidious attempt to associate innovations of the past with "innovations" of the present.

Microwaves, magnetic rail, and transistors are being equated with food delivery "software" apps like DoorDash and "online dating" like {{( Match.com )}} 

So if you say you are against "Fake and Gay" clown world "innovations," that must mean you are "against innovation" (to the midwit crowd)

------------------------------------------------------------------

The fatal error of a lot of these "rich trust fund babies" is that they assume because their money is in some "digital vault," that it cannot be accessed or taken from them. When the next series of crises begins, they will find how wrong they are.

History is replete with societies collapsing and generational wealth being confiscated or outright destroyed.

"The world is a battlefield, for which you must remain eternally vigilant"

Any rich trust fund baby who doesn't begin with that assumption will lose generations of $$$. And it will arguably be better for society in the long run (although everyone will suffer).

I am more convinced than ever before it is inevitable since we are almost done with a "supercycle" dating back to 1932.

When I learned that the max limit of UNREPORTED gifting of cash is only something like $18,000 / year ..that sent chills down my spine.
Who the **** does Big Brother think he is...?
The hoops that one needs to jump through to protect what is yours.....https://blog.thekingdombank.com/opening ... l-islands/
 

*GHETTOBLASTER » 26 Dec 2024, 11:29 am » wrote: ↑

26 Dec 2024, 11:29 am

When I learned that the max limit of UNREPORTED gifting of cash is only something like $18,000 / year ..that sent chills down my spine.
Who the **** does Big Brother think he is...?

 

Big Brother can dig pretty deep when it comes to YOUR money!

Just don't transfer any money within 5 years of going on Medicaid.

The current rules:

Each year, the IRS sets the annual gift tax exclusion, which allows a taxpayer to give a certain amount (in 2025, $19,000) per recipient tax-free without using up any of the taxpayer's lifetime gift and estate tax exemption (in 2025, $13.99 million).Oct 24, 2024

If you have 20 grandchildren, you can gift each $19k in 2025 without out paying gift taxes. It doesn't go against the lifetime exclusion.

Want to give more? You can file IRS form 709 and give away up to the cap ($13.99 million in 2025) and not pay gift taxes.

Those are the rules for us poor ****. Surely there is another set of rules for the Trust Fund Babies. 



 

*GHETTOBLASTER » 25 Dec 2024, 11:07 pm » wrote: ↑

25 Dec 2024, 11:07 pm

I'm one of them.
I guess I'm a "reverent agnostic"....which means that I'm sure our limitless Universe required some sort of Intelligent design...but I can't figure out who created our Creator and his Creator and how anything can have no actual beginning or end. 
Preaching that there was once "nothingness" is impossible for me to fathom.
I'd rather believe that eternity means ETERNITY, even though that concept is impossible to explain.

I think you are expecting a little too much from The Creator to hand you the OEM Service Manual for the Universe as your almost-monkey-mommy was squeezing you out of her vag. 

Eventually, you get the dumbed-down, aftermarket shop manual (Bible) written for human understanding, you are taught to have faith, and expected to get started living a righteous life.  God even gave you an example to try to emulate - like getting the answer to a one-question final exam.

Your soul was put here to learn some important things.  So, happy trails and start learning.  Because you don't want to go out the same or worse than you came in.