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Old 03-19-2016, 12:49 AM  
Paul Markham
Too old to care
 
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Join Date: Jun 2001
Location: On the sofa, watching TV or doing my jigsaws.
Posts: 52,943
Quote:
Originally Posted by crucifissio View Post
in a world where only one monetary transaction per month exists you would not be a moron...but unfortunately for you, even the other 240$ he spends ends up spent somewhere else, again and again BY OTHER PEOPLE and the gov is there every single time on every single step...it needs to make 5 cycles and the printed money has made 100% of itself back at a 20% tax rate just for example...

poor mans money is much more liquid than rich mans long term investments offshore in tax havens...you want to talk about a LOSS then focus on the bulk of all funds LOL
Quote:
Originally Posted by crucifissio View Post
so that 300$ disappears for ever?? no...it gets spent again and again...many times per month...whether its abroad or domestic, in a money printing economy like the USA, it matters little...worst case scenario is they turn the printing press on again...

you would kill to be in their shoes...so would I
A lot of that money ends up outside the country. so now try figuring it all out again. You're 100 years too late with that theory.
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