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Samson Soturian
Patrick Boyle
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Comments by "Samson Soturian" (@samsonsoturian6013) on "Why Is The Pound Falling?" video.
Subsidizing services because they have become more expensive is never a good idea. It just props up unprofitable ventures and removes the incentive to find/build an alternative.
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That is not an improvement as the price of gold is much more volatile than fiscal policies.
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That's the thing, we want every official to be a reformer but we don't want them to change anything
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You wish
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@lori7196 by that same logic we shouldn't subsidize solar panels. Keep in mind removing US federal subsidies alone will drive up the price by over 50%, whereas subsidies for oil and gas comes from unrelated blanket subsidies (like tax breaks on job producing infrastructure).
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Is that a weird joke or do you need ED medicine?
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Is that a weird joke or do you need shock therapy?
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@blacklightfreakout825 shut up
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Shut up
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He's running a finance channel, dude. This is technical finance stuff.
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How does that save money? It's the difference between managers taking a check from a businessman or a government. Bottom line costs of production remain the same.
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@lori7196 that doesn't necessarily help as there's no incentive to be efficient in government work (voice of experience).
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@lori7196 that's silly, it is literally the same guys taking the checks. As in you need people with industry specific knowledge to run the show. I.E. if you were to nationalize this very second, the government would simply hire all the current contractors to fill their current roles under a new boss. I HAVE SEEN THIS HAPPEN.
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@lori7196 Why the frick would government workers care to operate at a profit? Any deficit is coming out of taxes anyway. And you don't need to instruct anyone to provide essentials, in a free market if it is possible to turn a profit providing some service, SOMEONE WILL DO IT. Heck, the Romans even let private corporations run just about everything, even the fire department and veteran benefits. And copying what I said doesn't mean I'll assume you know anything about business management. My own remarks come from my days in private security and as a jailer.
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You should talk
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When there's something that needs done which private corporations can't provide.
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@01menyou Vhut? You don't need to order someone to provide a service. If it is profitable, someone will do it. Period.
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@01menyou You do realize the debt must be paid with inflation or taxes eventually, right? Just because you don't want to pay the government their cut doesn't mean they will run a ponzi scheme for you (which is literally what you're recommending).
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It won't
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We'd rather hang a rich dude so we can maintain our lifestyles during hard times.
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We ain't banning fertilizer
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@CommanderRiker0 that's baseless to the point of libel. The price of gold has varied so much over the centuries with sometimes being so high that not even governments could mint coins with them, and at other times being relatively cheap due to some nations stripping the gold from other nations in wartime. But more importantly, if gold was rising in value, WHY THE FRICK WOULD WE USE IT AS CASH??? We want people to spend or invest their money, not hoard it. The real bottom line is a Roman soldier was paid an amount of gold roughly equal to a modern soldier's pay (although post industrialization the price of most common goods have become stupid cheap).
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@CommanderRiker0 I'm going to assume that stat has a typo, because if it doesn't than you're a liar who thinks everyone else is stupid. Also, your statements flatly contradict each other, as before you said gold slowly gains value while now you said it holds it value.
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Shut up
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That is only a dmall part of it
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Shut up, Greedo
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Shut up
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@lori7196 I don't even know whether the Labor party is liberal or conservative, I just know this is a load of political bullshit that the world is better off without.
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@JonathanRootD I don't give a flying fuck who yer blaming, the fact you're blaming a political party is proof of gross incompetence.
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The importance of that shit is wildly overstated as it's just a means of pretending to fight a war.
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@tfive24 I know. London only like to pretend they're fighting.
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That's one way to get crypto permabanned.
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@qwerty_artist Good colleges are never profitable anyway unless it's simple technical vocational school
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Calling out imagined bias is one of the more common types of bullshit. So shut up.
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