Ford should just fucking fire Jim Farley. He's been an absolute disaster for the company because he's a fucking incompetent inbred.

Let's consider history and debt. The economies of the world have passed through several stages. Prior to the gold standard things could only scale so far before it failed. The gold standard reintroduced stability and fostered even more international trade. The principle of the gold standard was to maintain the peg of a currency to gold. This worked really well up till world war one. Its weaknesses had started to become carat before that where the need for currency expansion could not be satisfied till the next unpredictable gold rush discovery. As a result under capitalized banks became at risk and eventually their were crises that led into world war 1 and utterly failed after it leading to the great depression

We got out of the Great Depression largely in part ti temporary suspension of the gold standard.
A new way of pegging currency emerged with the Brettin woods agreement. All countries would peg to the us dollars and use treasuries as the medium of international money transfer not gold. The us would remain on the gold standard because it could afford to buy gold with all those treasury purchases.

But eventually this too saturated and limited growth. Under Nixon the us left the good standard.

The goal of the fed central bank was not to maintain the dollar per se since the dollar stood alone as the international benchmark. But instead the goal of the Fed was to curb inflation and curb unemployment. The weakness is the Fed only can use monetary policy not fiscal policy. As a result those two goals are in conflict since they cannot be decoupled with a single point of control ( monetary policy without fiscal policy)

But somehow we've done a great job using that system.

But now the international system has again scaled to a new problem which is deficit spending is reaching a point where debt service is a burden.

The next evolution of this is well known. It was beta tested in The depression when the us both went off the gold standard briefly but also excersized both monetary policy abs fiscal policy in concert.

The approach is called modern monetary theory. It has its critics but critics fixate on sound bite summaries of mmt and really fail to grasp that actually it not only can work but has worked in all the instances it has been tried ( us, Italy, Venezuela all recovered from crises under mmt approaches)

The fact that Europe is having problems is in fact due to the euro not allowing fiscal policy since states can't control their own money supply any longer.

The Fed not true problem with mmt is tgat one cannot actually trust politicians to conduct proper discipline in fiscal policy. That has to be solved before it can be implemented. What allowed its implementation in the past was the automatic and not political and transient spending needed to meet crises like the Great Depression. But to do it outside of unemployment periods is dangerous unless it can be done by an apolitical entity -- something similar to the Fed but with different powers and madates.

In any case the bottom line is this, under mmt a debt equal to your gdp is not a bad thing! No need to panic.

The economies of the world have passed through several stages. Prior to the gold standard things could only scale so far before it failed. The gold standard reintroduced stability and fostered even more international trade. The principle of the gold standard was to maintain the peg of a currency to gold. This worked really well up till world war one. Its weaknesses had started to become carat before that where the need for currency expansion could not be satisfied till the next unpredictable gold rush discovery. As a result under capitalized banks became at risk and eventually their were crises that led into world war 1 and utterly failed after it leading to the great depression

We got out of the Great Depression largely in part ti temporary suspension of the gold standard.
A new way of pegging currency emerged with the Brettin woods agreement. All countries would peg to the us dollars and use treasuries as the medium of international money transfer not gold. The us would remain on the gold standard because it could afford to buy gold with all those treasury purchases.

But eventually this too saturated and limited growth. Under Nixon the us left the good standard.

The goal of the fed central bank was not to maintain the dollar per se since the dollar stood alone as the international benchmark. But instead the goal of the Fed was to curb inflation and curb unemployment. The weakness is the Fed only can use monetary policy not fiscal policy. As a result those two goals are in conflict since they cannot be decoupled with a single point of control ( monetary policy without fiscal policy)

But somehow we've done a great job using that system.

But now the international system has again scaled to a new problem which is deficit spending is reaching a point where debt service is a burden.

The next evolution of this is well known. It was beta tested in The depression when the us both went off the gold standard briefly but also excersized both monetary policy abs fiscal policy in concert.

The approach is called modern monetary theory. It has its critics but critics fixate on sound bite summaries of mmt and really fail to grasp that actually it not only can work but has worked in all the instances it has been tried ( us, Italy, Venezuela all recovered from crises under mmt approaches)

The fact that Europe is having problems is in fact due to the euro not allowing fiscal policy since states can't control their own money supply any longer.

The Fed not true problem with mmt is tgat one cannot actually trust politicians to conduct proper discipline in fiscal policy. That has to be solved before it can be implemented. What allowed its implementation in the past was the automatic and not political and transient spending needed to meet crises like the Great Depression. But to do it outside of unemployment periods is dangerous unless it can be done by an apolitical entity -- something similar to the Fed but with different powers and madates.

In any case the bottom line is this, under mmt a debt equal to your gdp is not a bad thing! No need to panic.

Meta has been banning people for posting links to the Holocaust Memorial Day Trust - the official charity established and funded by the UK Government to promote and support Holocaust Memorial Day (HMD) in the UK.

The only moral thing to do with every Meta entity - Facebook, Instagram, etc. - is to ignore it. Let your account go fallow or better yet, disable.

Mark Zuckerberg is a disgusting fucking Nazi, and all his companies are 100% tainted.

so we get the nonbinary blue/green/pink-haired

It's called aposematism, and it's there to ward off predators. No doubt if it's repelling you, you're a fucking childraper.

Aww, how cute. You're a retarded fucking Shit Nazi who lies a lot. Go fuck yourself you 60-IQ Inbred Klan Shitbag. Or better yet, fellate a shotgun while it's loaded. One less 60-IQ Inbred Nazi like you in the world would make it a better place.

Keep on lying Randseed the Kidraper Fuck. You've never "saved a life" in your entire existence you Inhuman Kidraping Bitchboy.

Definition: "Fascism is an authoritarian, ultranationalist political ideology that emphasizes a dictatorial leader, the suppression of opposition, and strict societal and economic control."

China is in fact a fascist dictatorship, not a "communist" anything.

Treason Shitbag Nazi Trump is taking the USA closer to a fascist authoritarian dictatorship every day, and his Shitrag Nazi MAGAturds are applauding it because they're anitsemitic fucking garbage.

So you're saying you're historically illiterate.

OPEC (and now "OPEC+") have been trying to take over economic dominance since the 1970s. One of the DUMBEST fucking things that America Hating Senile Bitchtraitor Reagan did was get in bed with OPEC and the Iranians so that they would help him win the 1980 election by holding hostages and keeping their oil embargo going

The Repukelikan Klan Party have been America-betraying Shitbags ever since Nixon went behind Johnson's back to keep Vietnam going, so this dumb behavior wasn't really surprising.

I lost family in Vietnam thanks to Nixon and the Treason Shitbag Repukelikan Party. Every member of the GOP should be arrested and jailed till they fucking die for their fucking America Hating Treason. The MAGA Terrorist shitbags should all just get a summary firing squad for theirs.

100% correct. "Nintendo of America" has always been a scam, a shell company with no real existence.

(A) it's his real name.

(B) he's a fucking toad.

(C) here's hoping Nintendo finally fucking dies, goes like Sega and just starts publishing to PC. Fuck their DRM crap and their xenophobic company.

Nah. These unintelligent garbage drones all need to be short circuited and destroyed fast. EMP FTW.

I mean yeah. Notice how I get voted down. TRUTH is painful to the Klan MAGA inbreds.

Fun fact: MAGA and "Fundamentalist Muslim" are no different. They're both rapey shit-eating satanic death cults that should be removed from humanity for the good of actual people.

Everything in Rand "The Klan Lying Shitrag" Seed's post here is a lie. Nothing they said is real and if you look at their posts they have NO experience in medical practice.

Congratulations you toddler-raping subhuman fuck, you've proven what a ChatGPT-written garbage screed is like.

Now kill yourself you worthless fucking toddler-raping sack of shit. NOBODY wants you disgracing our species any more "Randseed." You need to stop fucking breathing NOW you fucking disgusting childraper and grandparent-murderer.