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Aaron Okeanos
David Pakman Show
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Comments by "Aaron Okeanos" (@AaronOkeanos) on "Joe Biden Is Officially the Anti-Reagan" video.
The point is to keep the money in the loop of economics. It doesn't help if it ends up on an offshore-account, or even converted into crypto-currency, gold or stocks because the wealth is just stitting there. And the final version of this will actually be UBI.
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Reagan-omics had more than 40 years to show it's working. It's not! ... Time for something new.
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@xx3astmanxx928 I'm against it. Crypto mining allows everyone to mine or better the people with the cheapest power and the most CPU power ... in other words private rich persons. National money printing is bad enough but leaving it to private person is of which the richest have the easiest way to make more it corrupt. And I have not even started yet talking about Climate Change, Tax-Avoidance, Tax-Fraud, Illegal money tranfers, terrorism, illegal goods payments, and and and. But I will no continue here and now to discuss it because it's offtopic.
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@xx3astmanxx928 Prove me wrong. Or better prove the progressives wrong because they will act it's just a matter of time. As I said I will not discuss it here and now because crypto is not the topic of this video you already got a malus because you hiject my comment to talk about crypto.
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The real name of this is: Social-Democracy
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Sorry, but this boogeman of hyperinflation you guys really love to say at this point has no basis in reality. Germany is doing much much much much more even than Biden for over 50 years and has the same inflation rate as the US but much much much much much less problems in all aspects of society. It could be better, go to Scandinavia countries who go even a step further.
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@Daniel-zm1wt For your information. Interest rates are way too low! 0% is insanity. That's why the stock market and crypto is going nuts. FYI: I somehow still hope for a 1929-like stock crash so the financial market is reset to healthy levels and lose it's importance and it's character of a modern sofisticated casino and return to the role it originally had a supportive roles as capital generation for the real economy. Maybe it really happens in the same year just 100 year later. And I hope paying in crypto-currency is banned in America and the EU rather sooner than later for reasons of climate protection due to mining, tax avoidance, tax-fraud, circumvention of trade sanctions, payment of terrorism and illegal weapons trade and a ton of other reasons. Don't let the door hit you in the back.
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