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Joined 2 years ago
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Cake day: June 8th, 2023

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  • As I said, the initial inflation was caused by supply chains shock. Many countries had lockdowns. Like China, who produces the majority of everything anyone purchases around the world. Then when the lockdowns ended there was a shortage of shipping containers.

    Inflation is caused when money is printed and sits in financialized investment. If it’s used to increase productivity it causes the opposite.

    China has been running massive deficits (printing money like crazy) for over a decade and they have very consistent and low inflation.


  • It’s just that this argument, based on things that are not facts since the 70s, is used to cut social programs, investment in education, infrastructure etc.

    When it makes no sense. The gvmt is not gonna go broke from paying its programs. It prints its own money, and all its debt is denominated in dollars.

    We SHOULD cut military spending, subsidies to harmful industries, to private prisons, police forces etc. The way the money is spent SHOULD reflect the will of the people more.

    But this argument about “revenue” and “public debt” are literally from the mouths of establishment neoliberal ghouls who have no objective other than enriching their friends. It’s not reality and is only used for harm.



  • How is it wrong if it’s factually what happens now? People have a “common sense” understanding of how the government works, and THAT is wrong.

    Ever since fiat became the norm, all governments all over the world that print their own money and have debts denominated in their own currency simply print money to spend, for their budget. That is a FACT.

    Only countries that have the majority of their debt denominated in another currency (the dollar mainly) that face inflation when printing money.

    The US and Europe printed trillions during covid, and that barely caused a blip in inflation. Inflation only came after supply chains shock and the war.

    Like do some basic research, if I’m so obviously wrong it will be very easy to see…:


  • Why do people think the federal budget comes from taxes?

    The government prints money, pays for its budget, and THEN it taxes. It can’t wait for tax dollars to pay for the budget. Taxing is to make the dollar necessary and force its flow back to the government.

    They mostly “burn” all your tax dollars…

    Like the gvmt is not a company. It doesn’t have “obligations” and “revenue”. It fucking PRINTS the money. If any company could print money, they would stop giving a fuck about revenue instantly.



  • Yeah? The executives are firing people, to lower costs, make the numbers look better…? Which makes the owners of the business money?

    Why wouldn’t the executives get bonuses or golden parachutes if let go? They are doing exactly what they are supposed to do.

    Executives don’t make products, provide services, or add any productive value. They are just the face of the owners, and will do the “hard” things for them.

    Like lie, commit crimes, do mass-layoffs etc etc.




  • What “Han Chinese policy”…?

    You know the one-child policy only applied to Han Chinese in major cities right? Ethnic minorities were exempt.

    And ethnic minorities have autonomy, meaning they rule themselves and have their own laws/governments. Like the Tai people in Guangxi, or Inner Mongolia where they still have signs in the Mongolian script. While in Mongolia they use the Cyrillic alphabet 😄

    The Chinese government sponsors local cultural events and practices, builds temples to local religions (like the largest Buddhist temple in the world in southwest China), incentivizes learning local languages (by having bilingual schools) etc etc.

    What has any western country done in that respect? In guarding and preserving minority cultures? Like how are Canada or Australia doing? I won’t even mention the US 😄


  • China is not easy to immigrate to, true. But saying they are monocultures or xenophobic is CRAZY.

    China has way more peoples and cultures than most countries. It has waaaay more languages officially spoken and taught in school than the US. It’s more comparable to the EU, if it had formed like a thousand years earlier.

    Just search a couple of random Chinese provinces or autonomous regions (places where minorities self-govern 😲) in like the north and the south, or the west and the east, and read on the culture and ethnicities there.

    Seriously Americans insist they have such vast cultural differences within the US, because “here we say pop and there they say soda; most people here are anabaptist, but there they are Methodists”.

    Bro in China they speak languages that are not even related. They follow religions that are separated by thousands of years. They have cultural practices that are unique to their region that developed for thousands and thousands of years.

    China is infinitely more diverse than 90% of countries in the world.