Have sole reserve currency

have sole reserve currency

force entire world to trade oil using your currency

leverage this position to write lopsided trade agreements that you force on other countries

just a giant wealth pump guzzling superprofits from the rest of the world while raining treats on your hog citizens

NO IT ISN’T ENOUGH BURN IT ALL DOWN

WTF

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The problem is that nobody was able to get a good job under that system.

Your idea of a good job, apparently

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The problem is that nobody was able to get a good job under that system.

The problem is here, in this history lesson, applicable to all nations:
youtube.com/watch?v=pUKaB4P5Qns

That is LITERALLY just a matter of taxing the rich until a middle class appears

You can’t create a middle class by taxing the rich

Lives in the richest country in the world

begs to wage slave

I love how republicans would rather lick shit off the ground than admit the rich need to pay their fair share

The rich are paying their fair share. Their losses in this stock market crash will translate into lower prices at the grocery store for me.

If you can’t tax a middle class into existence than what the fuck are the tariffs for dude lmao

If you keep your job sure

Their losses in this stock market crash will translate into lower prices at the grocery store for me.

you are in for a surprise

As opposed to YOUR idea of a good job.

tfw neo-liberals think that Americans delivering door dash to each other is an economy.

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Where was the Democratic plan to make everyone wealthy shareholders?

True fulfillment comes not from buying cheap treats, but by ruining your body doing a repetitive task to build cheap treats that you yourself cannot afford but that the middle class in some other country can afford.

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I don’t know I didn’t vote democrat. I do know you’re fucking retarded for voting Trump though

It unironically isn't enough. It is NEVER enough. The entire world will be our slaves or it will burn. America First. America ALWAYS First.

My options were:

Vote trump, get job

Don't vote trump, have no job

Wasn't a difficult choice.

will translate into lower prices at the grocery store for me.

lol, are you serious man? Do you understand that 104% tariffs on chinese imports are coming? EVERYTHING we see in shops and online is made in China, EVERYTHING is about to get 104% more expensive!

Cister, you are going to be begging for a DoorDash job after your first 60hr week on an assembly line making ¥10 a day.

Their losses in this stock market crash will translate into lower prices at the grocery store for me.

Lol, why would it do that this time, when in all previous times it has just led into more people being laid off and huge bonuses for the shareholders?

Goods and Services

It counts retard.

I just explained how you had more options. I’m beginning to think the problem might be your far below average IQ

Taxing domestically instead of foreign does indeed make a middle class
A middle class in the countries that make our shit
Reverse those and watch the lower and middle classes grow at the expense of the "rich"

source: a history book

I just explained how you had more options

There's only 2 candidates

Leave it to a leftist to confuse and overcomplicate a binary system

Nigger what, go compare the wages of an American engineer to a European Engineer. What the fuck do you mean it wasn't possible to get a good job?

104% more expensive to import. Price will likely go up something like 50% at most, although due to profit margins would likely just end up as 20ish percent. You're on Anon Babble, what are you doing repeating the most braindead objectively wrong thing possible?

gib chinese factory worker gf plz trump

the government already collects plenty of tax revenue and refuses to do anything useful with it, should have fucking paid me UBI instead of giving it away to the 3rd world and gay niggers

But you are taxing domestically, tariffs can only ever possibly tax domestic consumption at maximum lol

*GLUCK GLUCK GLUCK*

I don’t disagree. Trump is not spending the money wisely either by far.

tariffs can only ever possibly tax domestic consumption at maximum lol

You can apply export tariffs.

The study that the White House cited in their tariff calculation, a bilateral study based on the last round of tariffs of China for that matter, showed that cost passthrough from tariffs approached 100%.

this nigga thinks thirdies don't have low-paid delivery jobs (except they get paid pennies per hour instead of dollars)

My Chinese friend told me she gets everything delivered to her apartment for free including groceries and she orders stuff everyday. You know how women are.

they fucked up by only channeling the profits to the top 0.1%, and throwing crumbs to the boomers.
if they had shared slightly bigger crumbs (like, 10% bigger) with the boomers and normal-sized crumbs with the rest of us, disaster would have been averted.

if they shared enough crumbs to also filter to other countries, and made elites in other countries share power and wealth with their own citizens sufficient for normal development, then we could actually have a good world!

that's the crazy part to me. if the .01% ghouls gave up even a quarter or 1/3 of their wealth, they would still have more money than any 100 people could spend in a lifetime, with compounding interest indefinitely, as well as enough power to dictate the course of the global system.

but their demonic greed is so overwhelming and overriding that it failed to allow them to give even those crumbs to the people below them, and in doing so it sealed their fate by causing them to create an inherently unstable system (eg, the bretton woods institutions, the UN, and later the plaza accords and EU). which was then hollowed out further by greed over the last 30 years

even post-9/11 it wasn't too late to save the system. all they had to do was share a little bit of the power. the anti-globalization movement could have easily been turned into something resembling Lynn Forester de Rothschild and Mark Carney's "Inclusive Capitalism." and made everyone happy, while maintaining the structures of power intact.

but no. no, they had to go and fuck it up for everybody, because they have demons in their brains.

"wetiko" is the name of this demon by the way.

And pray tell how is that any different than a corporate tax on domestic services companies in a service economy

I'm not sure making formerly rich people middle class actually solves anything

Breton woods and the UN were formed when wealth inequality was at its lowest lol

Everyone skilled is selling services abroad and the unskilled are doing delivery for pennies
Why should it be the skilled worker's problem that you're poor and lazy

Working at taco bell is better than working in a factory literally the worst fucking type of job besides outdoor manual labor. Even working in a warehouse is better than a factory.

i was referring to the decision to make the USD the world reserve currency right at the end, after the charter had been written differently, originally there was going to be a neutral bridge currency underlying global trade (this later became the largely toothless IMF Special Drawing Right).

You literally can, raise the effective tax rate on billionaires to 60% and tell them is they try to move assets overseas they will be executed for treason and expand the government workforce with do nothing middle management jobs that don't actually make decisions and infrastructure spending to drive the middle class economy

Nobody can get jobs

Unemployment at 4%

?????

Petrodollar theory is the flatearther theory of macroecon.

Unemployment rate

People working

Keky

For some reason Trump has secured the support of NEETs who are too lazy to work service industry jobs, but imagine themselves willing to work factory shifts. It's hilarious as most factories have been hiring this entire time and they have been unwilling to take those jobs as factory jobs suck. Even a hundred years ago being a farmer was preferable.

And yet every single time a middle eastern country tries to sell their oil in euro they get drone striked. Wild fucking coincidence