NOOOOOOOOOOOOOOOOOOO YOU CANT PAY OF STUDENT DEBT THAT WOULD BE SOCIALISM NOOOOOOOOOOOO.
>Fed pumps 1.5 trillion into the stock market for 15 minutes of calm
Can burgers ever recover?
NOOOOOOOOOOOOOOOOOOO YOU CANT PAY OF STUDENT DEBT THAT WOULD BE SOCIALISM NOOOOOOOOOOOO.
>Fed pumps 1.5 trillion into the stock market for 15 minutes of calm
Can burgers ever recover?
Work harder, commie. USA USA
Socialism for the rich and cold hard capitalism for the poor :)
The fed is literal communism
When we say pump what does that mean? Who gets that money? What does it actually have to do with stocks? Halp I got told not to come into work and now I have to learn shit
>american gets told something by the media/rich/politicians
>it is now true regardless of how mind-numbingly stupid it is
More news at eleven
doesnt the fed just magic the money into existence, its not like taxpayers directly pay for it?
not real communism tho
liquidity, so the people selling their shares and puts actually get their money, because it doesnt actually exist otherwise
The fed prints the money you fucking retards. This isn't paying for shit. Bernie and other commies are fucking stupid
there is no free money
other than plank V of the Communist Manifesto, of course, where it demands a central bank in order to dispossess the middle class of their wealth by inflating it away. filthy kike
oh, we do, just in such a roundabout way that the average boomer doesn't pay any attention to. dollar has less purchasing power
You're 100% correct in comparing those situations.
The government should back loans to students exactly the same way as being done in the stock market. And the students should have to pay those loans exactly the same as the benefactors of the stock market.
Oh, it's already happening like that.
for you
Yes there is
Grab a sharp thing and head on down to the quarry and get some gold
Fuck corporate communism
May all communists die horribly
...you don’t understand how the economy works, do you?
I don't want to pay for people to go to school for useless shit. My money going toward stabilizing the country, not so bad.
Your wars pay for it, essentially it's borrowed elsewhere or the currency is kept at its level which means american dollar is worth less OUTSIDE of america until the difference makes up the money.
Basically wars steal the money from a territory while they also keep the threat of the US real so nobody dares to stop paying tribute.
That's kind of the very rough explanation. In order for this to be achieved though, the army also needs a nice little foundation to be based on, which requires tax dollars. Lots and lots of tax dollars. So essentially you do pay for it directly. But also I do and so does everyone else around the world.
> You're against student loans?
> You must be pro fed then
???
I would be pretty pissed if I were American lol
Actually they print the money, after printing it the public owes it to the fed with interest, and then they give it to the bankers at discount interest (will be zero and below zero in a few weeks) so they can cash out their stocks and derivatives
Keep enjoying the IMF destruction of your country, since Macri and Lagarde do know about economics
Stop complaining, if you want government to give you monerino, work harder and become rich.
Expecting politicans to give you money without buying them off first is socialism.
Socialism only works for the rich user, you wouldn't get it, you're not redpilled enough.
Labour is not free money.
Everything has a price, even printing money.
WHY STOP AT STUDENT DEBT? JUST PRINT MORE MONEY AND FORGIVE ALL DEBT WEWEWEWEWE
>Expecting politicans to give you money without buying them off first is socialism.
????
Maybe you bongs shouldn't have created a central bank then, instead you bent down for the Rothschild and now we have socialism for the elite.
The anglo cries in pain as it destroys the world.
>NOOOOOOOOOOOOOOOOOOO YOU CANT PAY OF STUDENT DEBT THAT WOULD BE SOCIALISM NOOOOOOOOOOOO.
>>Fed pumps 1.5 trillion into the stock market for 15 minutes of calm
>Can burgers ever recover?
Yes, they could have just pumped that 1.5 trillion into everyone's bank accounts and wiped out all their debt. This would help more than dumping it onto wall street. Ron Paul mentioned this fact specifically during the 2008 Bush/Obama bailouts.
To be fair, the market will either not exist or it will eventually go up, so technically this will just make money as opposed to paying off private loans which will never have a return.
Almost every capitalist society starting from Netherlands in in 1600s had a central bank.
If you have capital you want a central bank to save your assets if they're going down in value.
>macri
>know about economics
lmao
He can't even speak in public without making fun of himself
I miss you Uncle
>kike:OY VEY ORANGE RETARD MY SHELL COMPANY IS GOING TO TANK QUICK GIVE ME MONIES!!!
>Orange Retard: Anything for shlomo, bigly i love israel MIGA
>Kike: stupid goy *sells off stock anyway*
the 1.5 trillion is new money, printed by the fed
doing so devalues the money we already have
every dollar in existence lost value today
wholesale robbery from the entire fucking country
it should be fucking illegal
>If you have capital you want a central bank to save your assets if they're going down in value.
Ok comrade.
>Expecting politicans to give you money without buying them off first is socialism.
A socialist expects money for nothing. They don't even bother to put in the work, create a lobbying group and pay politicians a few million here.
Paying politicians is hard work and must be rewarded in the free market.
Are you a part of God chosen big nose Trump's favorite people? No? Then no free money for you fuckin commie.
>I have no idea how any of this works
Just ask next time, user.
Asked this before always get ignored, but Ill try again. If the govt pays off student debt isn't this more like a bailout for universities who ere most likely not going to be paid in the first place? Wouldnt stiffing the universities for their useless degrees help solve the problem more than contributing to the education bubble? Making students no longer obligated to pay back the debt makes more sense.
Fat american university students expect money for nothing.
Socialists work for money.
Rich people use socialism. They're not socialists, it's kind of contradicting itself.
Burgers don't care because burgers are free to shit in Walmart and eat at McDonald's.
>every dollar in existence lost value today
mises.org
The elites getting free money won't feel the full effects of inflation. By the time that money actually tickles down it'll be worth even less, so you're doubly fucked.
You don't know anything about the Fed. The Fed doesn't answer to Trump. You're a retard and should probably kill yourself
woman own the majority so no faggot
But what if there won't be any Walmart to shit in?
The dollar will be worthless in our lifetimes
WHY STOP AT 1.5 TRILLION FOR THE BANKS? WHY NOT TAX YOUR STUPID WHITE ASS TO DEATH AND GIVE IT ALL TO THE JEWS IN BANKING??
Faggot.
Students who can't pay off debts basically all got worthless degrees from shithole leftoid swamps. They deserve to suffer.
Mutts certainly have their priorities absolutely fucked up. I guess it's not socialism when our billionaire plutocrats pocket the money.
Most usa student loans are federally backed which means that they cannot be defaulted on and the borrowers are on the hook for them til they die.
your idea makes sense but can't work in the regulatory framework we have
>federal student loan debt
This is absolute bullshit too. They're both bullshit. Fuck the stocks. Let it crash.
>NOOOOOOOOOO MUH NUMBERINOS NOOOOOOO
fuck your stocks, fuck your social security, fuck banks
>mises.org
Sure he did my fine lolberterino friend, Marx lived in the 19th century.
Guess when the first central bank happened
>It happened 250 years earlier in Netherlands in the first capitalist country
>It happened in the England a few years later in 1694, also a capitalist country
>It happened in America because wealthy industrialists like Rockefeller and Carnegie wanted one
Suppose you have a billion dollars invested in the stock market, don't you want to have a personal bank that could create money to back your investments? Wouldn't you pay off a few politicians to get a central bank? I certainly would.
Recover?
From what?
>borrow a bunch of dollary-doos to get a meme degree
>"wait, I have to pay that back?"
The Fed is not handing out money. The repo market is quite complex. The Fed is giving short term loans to banks with the collateral for the loan being US bonds held by the bank. It's like the bank is cashing in the US bond early, but also temporarily. Very complex, but it's something the Fed can do without asking Congress.
First you buy a US bond. Then you get a loan from the Fed for the amount of the bond. Then you pay back the loan. If you don't pay back the loan, the Fed takes back the US bond so they are paid back. Because it starts with someone buying a US bond, money is not being printed.
fuck college and fuck banks. no bailouts period.
That money is being used to pay people to figure out how to make the economy work with less dependence on China.
It probably all went to Israel considering how fubar everything is, but in theory it is sound unlike adding college loans to the debt so kids can buy more nig rap.
1.5 trillion isn't nearly enough to cover student debt. Which also wouldn't solve the problem of all the student debt that would begin to accumulate again the day after. Colleges themselves should be shut down. The buildings should be burned down and the Earth salted. Professors should be made to work in salt mines. Their wives should be sold to Arabians. That is the true socialist solution.
>Get free fucking money from pleb tribute payments even though you're a filthy rich billionaire
Faggot.
It's the FED not USA Corp. and America is long gone.
The primary goal of a central bank is to secure the assets of wealthy people. We're seeing this play out now.
It's true the commies also want one because well they're only good at stealing the scams from capitalists. Let's face it, creating money out of thin air and handing it to your cronies is a scam that can be used by any corrupt regime.
However, the central bank was initially a capitalist scam. That's what the Kocherino funded mises won't tell you.
>being irresponsible
Damn dude, seig heil.
>Suppose you have a billion dollars invested in the stock market, don't you want to have a personal bank that could create money to back your investments?
If you knew what money is and how economics work, you would know that you wouldn't want money to just be created by fiat. It's literally based on diminishing marginal utility, but I don't expect a republicuck to understand that.
Wouldn't you pay off a few politicians to get a central bank? I certainly would.
That is because you're a neo-merchantilist faggot. I prefer money that governments can't manipulate and render worthless on whims.
Not how it works. The money isn't "given", it's lent, or used to purchase securities.
Most of the student debt is owed by students directly to the federal government. Forgiving the debt doesn't result in universities getting anything. They aren't on the hook for the debt.
there's 1 person on Yas Forums who knows what the re in repo means. incredible lmao
>It happened 250 years earlier in Netherlands in the first capitalist country
>when the jews took over the netherlands
>It happened in the England a few years later in 1694, also a capitalist country
>when the jews took over england
>>It happened in America because wealthy industrialists like Rockefeller and Carnegie wanted one
>rockefeller
Stop distracting from the fact central banks are literally nothing else but jewish control mechanisms.
>not-QE mental gymnastics
lmao faggots, even with your retard gymnastics it will met the definition of QE within days, they announced that they will buy treasuries directly and plenty of fed governors are calling for buying stocks like Japan
Enjoy your zombified economy
Biden's still going to win even if you keep throwing these sissy fits on Yas Forums.
He's right, ya know...
>and then I gave my friends more money
>That is because you're a neo-merchantilist faggot. I prefer money that governments can't manipulate and render worthless on whims.
You can own stock in that central bank from which you collect dividends, and you can pay off the politicians (politicians are your employees) that run the government. What's not to like? There's a reason a shrewd businessman and the wealthiest man in US history, Rockefeller, lobbied hard for a central bank.
>you would know that you wouldn't want money to just be created by fiat. It's literally based on diminishing marginal utility, but I don't expect a republicuck to understand that.
If everyone else has 10k in their bank account and you printed yourself 1trillion, who benefits?