Yewheng Twincharged July 20, 2020 Share July 20, 2020 (edited) 12 minutes ago, ToyotaShuttle said: But we are already doing it and so far no hyperinflation? US debt is also close to 1 year GDP and they are still printing more. Any hyperinflation so far? Why take one example (Zimbabwe) only? Coz usd is currently the reserve currency. So they could still get away with it.. However if usd is not the reserve currency.. See how much inflation usd will going to be.. If this country is not the reserve currency and then massive print money.. You think what will happen? Its a disaster.. Edited July 20, 2020 by Yewheng ↡ Advertisement 1 Link to post Share on other sites More sharing options...
ToyotaShuttle 5th Gear July 20, 2020 Share July 20, 2020 2 minutes ago, Yewheng said: Coz usa is currently the reserve currency. So they could still get away with it.. However if usa is not the reserve currency.. See how much inflation usa will going to be.. how about singapore? See the chart. Link to post Share on other sites More sharing options...
Yewheng Twincharged July 20, 2020 Share July 20, 2020 (edited) 9 minutes ago, Mockngbrd said: depends which country lo, if USA, no issue. 4 minutes ago, ToyotaShuttle said: how about singapore? See the chart. Beside this money printing.. There are also things like need to consider the trade surplus, and how willing other countries willing to hold as a currency. If massive money printing is so easy to help the economy, then when there is any economic problem.. Easy print money. Then like that why need government headache on thinking of ways to help people as much as possible not to lose their job? Why not print more money to give these people money who lost their jobs? You see, it does not work this way as say just print money help save economy la.. Edited July 20, 2020 by Yewheng Link to post Share on other sites More sharing options...
BenTong Turbocharged July 20, 2020 Share July 20, 2020 On 7/18/2020 at 2:57 PM, Jamesc said: Its very funny when people who never studied economics post many long post telling the gov how much they should be spending. The gov is full of people that studied economic but the person that never studied economics thinks he knows better. Siang ka pager? Link to post Share on other sites More sharing options...
1fast1 Supersonic July 20, 2020 Share July 20, 2020 On 7/18/2020 at 2:57 PM, Jamesc said: Its very funny when people who never studied economics post many long post telling the gov how much they should be spending. The gov is full of people that studied economic but the person that never studied economics thinks he knows better. Interesting, James. Gahmen full of people that studied economics. Yet it seems the one person handling many billions of our dollars has zero formal economics training that I'm aware of. No wonder people who have no formal training think they're equally qualified. Can't really blame them. No blame culture. 😁 1 7 Link to post Share on other sites More sharing options...
Yewheng Twincharged July 20, 2020 Share July 20, 2020 (edited) 3 hours ago, Turboflat4 said: Interesting, James. Gahmen full of people that studied economics. Yet it seems the one person handling many billions of our dollars has zero formal economics training that I'm aware of. No wonder people who have no formal training think they're equally qualified. Can't really blame them. No blame culture. 😁 There are 2 types of economic study. Keynesian economic vs austrian economic. An example of keynesian economic is.. Government to introduce mimimum wage law, government to introduce licensing for barber and etc. An example of austrian economic is, let free market decide on what is the wages, let free market to decide on who the company should hire people and etc. A lot of problems with the economy is caused by keynesian economic, people want government to do more to help, people want government to introduce minimum wage law and etc.. These are keynesian economic approach. So that is the problem.. https://www.quora.com/Whats-the-difference-between-Keynesian-economics-and-Austrian-economics Edited July 20, 2020 by Yewheng Link to post Share on other sites More sharing options...
Angcheek Hypersonic July 20, 2020 Share July 20, 2020 22 hours ago, Yewheng said: Not me, you need to consider general population that are drinkers.. Haha Alcohol kills covid ✌🍻🍻🍻😆 1 1 Link to post Share on other sites More sharing options...
Volvobrick Supersonic July 20, 2020 Share July 20, 2020 11 hours ago, Mockngbrd said: beat aeroplane safe? Wash your hands 30 seconds. Don't touch your face, esp eyes, nose and mouth. And wear a mask. Good luck! Link to post Share on other sites More sharing options...
Angcheek Hypersonic July 20, 2020 Share July 20, 2020 10 hours ago, Yewheng said: Beside this money printing.. There are also things like need to consider the trade surplus, and how willing other countries willing to hold as a currency. If massive money printing is so easy to help the economy, then when there is any economic problem.. Easy print money. Then like that why need government headache on thinking of ways to help people as much as possible not to lose their job? Why not print more money to give these people money who lost their jobs? You see, it does not work this way as say just print money help save economy la.. Our elites are waiting for someone to provide the solution. 😆 kee chew say one. 2 Link to post Share on other sites More sharing options...
Volvobrick Supersonic July 20, 2020 Share July 20, 2020 10 hours ago, Mockngbrd said: depends which country lo, if USA, no issue. Yep... When backed up with 14 carriers and 6000 nuclear warheads, print until the printer burns down also no issue! 1 Link to post Share on other sites More sharing options...
Yewheng Twincharged July 20, 2020 Share July 20, 2020 (edited) Ryde is hiring people.. Edited July 20, 2020 by Yewheng Link to post Share on other sites More sharing options...
Yewheng Twincharged July 20, 2020 Share July 20, 2020 (edited) 4 hours ago, yishunite said: Lol "data scientist" #$1.8-2.2k... this one actually is data entrist amirite Glorify job title.. Outside looks good.. But actual job is actually just doing simple task.. Haha.. But anyway it's better being employed than unemployed for very long time. That one perhaps good for students who had just graduated and could just temporarily take this job and get job skills 1st lor. When economy pick up then see whether can find better job opportunities or ask for pay rise or promote to more senior post lor. This job title also outside sound nice.. Actually is just a cleaner la.. Edited July 20, 2020 by Yewheng 1 Link to post Share on other sites More sharing options...
Windwaver Turbocharged July 21, 2020 Share July 21, 2020 16 hours ago, Turboflat4 said: Interesting, James. Gahmen full of people that studied economics. Yet it seems the one person handling many billions of our dollars has zero formal economics training that I'm aware of. No wonder people who have no formal training think they're equally qualified. Can't really blame them. No blame culture. 😁 Got la, all the bottom people kena the blame, that's my own experience. Elitist no wrong 1 Link to post Share on other sites More sharing options...
1fast1 Supersonic July 21, 2020 Share July 21, 2020 1 minute ago, Windwaver said: Got la, all the bottom people kena the blame, that's my own experience. Elitist no wrong I know. No blame culture here works like : "You can't blame me for things I did wrong. But I can blame you for things I did wrong." Classic puppy playbook. 😂 3 Link to post Share on other sites More sharing options...
Jamesc Hypersonic July 21, 2020 Share July 21, 2020 12 hours ago, Yewheng said: There are 2 types of economic study. Keynesian economic vs austrian economic. An example of keynesian economic is.. Government to introduce mimimum wage law, government to introduce licensing for barber and etc. An example of austrian economic is, let free market decide on what is the wages, let free market to decide on who the company should hire people and etc. A lot of problems with the economy is caused by keynesian economic, people want government to do more to help, people want government to introduce minimum wage law and etc.. These are keynesian economic approach. So that is the problem.. https://www.quora.com/Whats-the-difference-between-Keynesian-economics-and-Austrian-economics HDB is free market or not? Public hospital and polyclinics is free market or not? Gov school is free market or not? You stay HDB? Go gov hospital? Went to gov school? If you say cut gov spending then you want gov to stop building HDBs? Which hospital you want gov to close? Which school you think they should close? 2 Link to post Share on other sites More sharing options...
Jamesc Hypersonic July 21, 2020 Share July 21, 2020 12 hours ago, Yewheng said: There are 2 types of economic study. Keynesian economic vs austrian economic. An example of keynesian economic is.. Government to introduce mimimum wage law, government to introduce licensing for barber and etc. An example of austrian economic is, let free market decide on what is the wages, let free market to decide on who the company should hire people and etc. A lot of problems with the economy is caused by keynesian economic, people want government to do more to help, people want government to introduce minimum wage law and etc.. These are keynesian economic approach. So that is the problem.. https://www.quora.com/Whats-the-difference-between-Keynesian-economics-and-Austrian-economics If you stay HDB then give it back to save gov spending. If you stay in HDB then you are right gov didn't waste money on you. Link to post Share on other sites More sharing options...
Jamesc Hypersonic July 21, 2020 Share July 21, 2020 12 hours ago, Yewheng said: There are 2 types of economic study. Keynesian economic vs austrian economic. An example of keynesian economic is.. Government to introduce mimimum wage law, government to introduce licensing for barber and etc. An example of austrian economic is, let free market decide on what is the wages, let free market to decide on who the company should hire people and etc. A lot of problems with the economy is caused by keynesian economic, people want government to do more to help, people want government to introduce minimum wage law and etc.. These are keynesian economic approach. So that is the problem.. https://www.quora.com/Whats-the-difference-between-Keynesian-economics-and-Austrian-economics 12 hours ago, Yewheng said: There are 2 types of economic study. Keynesian economic vs austrian economic. An example of keynesian economic is.. Government to introduce mimimum wage law, government to introduce licensing for barber and etc. An example of austrian economic is, let free market decide on what is the wages, let free market to decide on who the company should hire people and etc. A lot of problems with the economy is caused by keynesian economic, people want government to do more to help, people want government to introduce minimum wage law and etc.. These are keynesian economic approach. So that is the problem.. https://www.quora.com/Whats-the-difference-between-Keynesian-economics-and-Austrian-economics You got apply $1200 Covid ang pow or not? Then you are right gov wasted money on you. That $1200 is Keynesian hor it's NOT free market. Link to post Share on other sites More sharing options...
Throttle2 Supersonic July 21, 2020 Share July 21, 2020 8 hours ago, yishunite said: Lol "data scientist" #$1.8-2.2k... this one actually is data entrist amirite Hey, you mean that i have been a Data Scientist without know it? Damn! i could hv impressed my relatives during CNY !!! ↡ Advertisement 3 Link to post Share on other sites More sharing options...
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