If youre a normal country you are always living on credit, if for no other reason, then because it is super easy and cheap to borrow. Also you have to, to make it to the next pay check (tax collection). First your subjects have to produce and sell, then you can collect taxes.

You dont base the value of the dollar on anything. You offer it as a commodity to the market. If your economy sucks or you print too much money the dollar goes down, which can help the economy. Printing money doesnt automatically help the economy though, it just creates space and time to make it possible for the economy to improve.

Improving the economy means creating more or better products and services that are in demand at a competitive cost. Governments in non-dictatorial countries cant really do that directly, they can only create the conditions for this to happen.

Moderate inflation hardly plays a part, except as a moderator (is that a pun?) of shocks. Deflation (and a strong gold standard in a developing economy IS deflation) is deadly, it makes the economy less flexible, less able to adjust.

If you never improve your ecomomy, all you will have left will be to bitch about inflation.

What is too much debt, too much inflation, too much intervention? I wish economics was a science.

Theoretically the economy can get to be so bad that the structure collapses, there are countries which have notoriously bad historical records, and yet every time they restart they have to borrow money to get things going again. Reserves in general are useless. Production, services and a functioning market, recursive production of valuable goods and services which freely and easily find customers is the only thing you can consider a reliable pillar of civilization. Currency is one of those goods and services.

If for any reason yor currency cant freely circulate (see China or the USSR errr... Russia) you can hardly be a superpower, at least not in the economic sense.

Adopting a gold standard so strong that it would destroy the international dollar standard has no advantage for the USofA or for any developed first world country. Even just having the Euro wreaks havoc in weaker European countries economies, but that is another can of worms.

A lot of what is wrong about the gold standard would apply if a country decided to adopt bitcoin as its sole currency btw.

Hey - if biden is doing so bad, how come dems are gaining in Idaho?

https://www.politico.com/news/magazine/2022/01/18/republican-infighting-idaho-527190?

Well youve had 80 years to get something done, Vijay, instead of whining. India is not doing so badly so it should be able to take care of its children if it can get its act together. You cant even get rid of the caste system. Literally discrimination by color.

Most of the world is run by corrupt dictators, one can keep building schools and sending humanitarian help but ultimately local politics and local institutions are an insurmountable obstacle to progress.

You can use the money (that you scorn) wisely to skip technologies that are known to be a dead end. Pecunia non olet.

looks SO bad.

Yes. That way you're legally not paying for swoggle. And $100 isn't so bad for pizza.

...or stand your ground/self defense.

So, in your mind, consensual sex is a shameful crime like robbing a bank? So bad you would kill to hide evidence of it? Your poor poor wife.
And you think having an abortion is to restore perceived virginity!?
And you think that's the only reason anyone has one!?! Reputation!?!?

Just wow. I used to think I was insulting you by saying your IQ was <80...now I see that was a compliment.

Nazis still kill people...they're in your political party shooting cops, crowds, bombing buildings, starting forest fires, stockpiling Molotov cocktails, and trying deadly violent coups.

Abortion only kills people when there's a problem, and this law is guaranteed to cause more problems and kill more people. When abortions are done above board in well regulated clean medical offices, people don't die, nothing is killed beyond potential.

You're right, it's not comparable. Nazis are evil murderers you stand with, abortion is a medical procedure you ignorantly oppose.

Your English failed so badly that your last two sentences are completely unintelligible....wanna try again? There's no fucking way in Hell you're really an adult American with this broken, halting, failing first year English grammar, comrade. You better erase your post, if your handlers see this, you'll be going to Solovki for reeducation.

How's that Texas economy doing? Finally getting past 5% budget cuts to project a $750 million surplus....California, which isn't losing population despite right wing claims of an exodus, had $75.7 BILLION surplus....only >100 times better.

Texas population might be growing, it's economy is stagnant at best and it's infrastructure is horrendous, just criminally awful, actually so bad it's killing Texans.

Ahhh, so this is all uninformed opinion from a foreigner who has no clue about Texas or America, arguing with an informed Texan native and US citizen about America and Texas. I should have known, you really don't have a clue, and biased internet news isn't going to help you be informed.

Lol. Really. Such delusion. Who's circling? What war, we just ended one. What draft, our military is oversized, bigger and better equipped than all others combined, and has no fighting missions to complete. What the fuck are you talking about?

Yeah, you laugh, but this is pretty much a real thing. I didn't know you're not supposed to make eye contact with fellow riders on the Tube. Being the happy American sort, I did exactly that, including a smile and a nod to the poor bastard who looked up at exactly the wrong moment. The look of disgust and British disapproval on his face would done a New Yorker proud.

I've never wished I had a fart in the chamber so bad in my entire life.

@bobknight33

Yeah.
It's what he did. It's the messages he kept repeating and his accolades that echoed the sentiment without any thought.
It's his fault we're in the shit so bad.
It is HIS fault.

It's his fucking fault, and you're STILL helping him.


And I said before; PARDON ME IF I THINK THAT THE WORST IN THE WORLD IS THE BEST THAT UNITED STATES OF AMERICA CAN DO.

people are saying... the snake/X/poison-pill was Tim Willits. personally don't care, but makes the story more interesting.

I do know after they left id, American MgGee's Alice was a lot of fun, and John Romero's Daikatana was one of the worst game I've ever tried to play (gave up because it was so bad)

This is so bad in China. This video barely scratched the surface. People their do not have access to the american markets so they try to create wealth by investing in property. I have a friend who rented an apartment a few years ago in a upscale building near the heart of Shanghai. 3 months after signing the lease his water pressure dropped drastically. 6 months later the apartment hard no water pressure at all. The landlord still expected the rent but he packed and moved out at night.

Arizona secretary of state, Katie Hobbs sent a letter to the Arizona attorney general yesterday asking him to please investigate Donald Trump. And of course his close allies, Rudy Giuliani, and possibly even Sidney Powell for possible election interference in the state of Arizona.

Here's what happened in case you missed it last week, it was revealed that both the Trump white house and Rudy Giuliani on separate occasions and on multiple occasions made phone calls to officials in the state of Arizona following the November election, trying to get them to stop the counting, begging to be called back. In fact, it got so bad, the Arizona Republic detailed two separate attempts by Trump to reach Republican supervisor Clinton Hickman in the weeks after the election, as the president's allies sought to alter the election results in a state he narrowly lost to Democrat Joe Biden at the time, Hickman was chairman of the board of supervisors, the elected body that oversees elections in the state's most populous county, Maricopa. Hickman received the first call from the white house switchboard on December 31st while he was out celebrating the coming new year with his wife and friends, he let the call go to voicemail.

Second call came on the night of January 3rd after the Washington post published a recording of Trump's hour long phone call with Georgia secretary of state Hickman sought to avoid talking to the president because of ongoing litigation, any let the call go to voicemail and yes, for the record, the Arizona Republic does in fact have those voicemails where you can hear what they were trying to do. Then of course, Rudy Giuliani steps in, he starts emailing or I'm sorry, texting and calling the chairwoman of the Arizona Republican party, trying to get her to somehow interfere, stop the counting of the votes. Honestly, it is pretty much identical to what these idiots were doing over in Georgia, trying to get them to stop the vote, trying to get them to go find the votes as Trump said, and let's not forget... Trump is already under criminal investigation in Georgia. I know we all get distracted with New York, but there have been two grand juries empaneled in the state of Georgia regarding Donald Trump's potential criminal election interference in that state. That's a big deal that everybody seems to have forgotten about.

And now the same thing might happen in Arizona. There's a catch here. Arizona's attorney general, a Man by the name of Brenna Vich Is running for US Senate as a Republican. So he's got a lot, uh, got a lot at stake here. He can't PISS off Republicans by investigating Donald Trump.

Brenna Vich did, in fact, support Arizona's sweeping new voter suppression laws.

Edit: btw, multiple Republicans including but not limited to McConnell have gone public with their plan of hoping they can cause maximum chaos and division for the next 18 months because it will help them successfully block any and all legislation, then they can blame the gridlock on Democrats during the election. Total nationwide chaos with the corresponding rise in crime and damage to the economy....that's the Republican plan for victory. True patriots. 🤦‍♂️

Better donate to the Trump Twitter lawsuit quick before they manage to destroy your investment portfolio with the planned chaos...Trump can't sue social media without your cash donations because he's really a billionaire so he needs your cash...pay no attention to his standard microscopic fine print explaining that he may, at his discretion, use your donation for personal debts. Doesn't matter, DONATE NOW. He needs your money....to fight the invisible fight against those paper tigers and windmills. Please don't remember when he did the exact same thing begging for money to fight for the "election fraud" fraud in court but then pocketed the money and fired his (now disgraced and disbarred) lawyers without filing a legitimate lawsuit.