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Old 07-06-2015, 07:16 AM
 
Location: the very edge of the continent
88,971 posts, read 44,780,079 times
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Quote:
Originally Posted by Hoonose View Post
Fiat is funds.
So... you're pro-hyperinflation. Interesting...
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Old 07-06-2015, 07:18 AM
 
Location: Tampa Florida
22,229 posts, read 17,847,737 times
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Quote:
Originally Posted by InformedConsent View Post
Yep. I doubt many will understand that, though.
Speaking of understanding ...

How the euro caused the Greek crisis - Vox
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Old 07-06-2015, 07:19 AM
 
Location: the very edge of the continent
88,971 posts, read 44,780,079 times
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Quote:
Originally Posted by earthlyfather View Post
Not quite. It is what happens when there are too few paying taxes, so that the too many get their "rightful economic equality." Which, of course, is how a country runs out of taxpayer money.
Hope you don't mind the edits for effect. You're absolutely correct.
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Old 07-06-2015, 07:24 AM
 
Location: the very edge of the continent
88,971 posts, read 44,780,079 times
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Quote:
Originally Posted by florida.bob View Post
Speaking of understanding ...

How the euro caused the Greek crisis - Vox
The euro caused the Greek crisis? No. Too generous social program and welfare benefits going to too many people while too few were paying the taxes to fund such caused the Greek crisis. I don't expect you to ever understand that. You're too indoctrinated.
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Old 07-06-2015, 07:27 AM
 
8,629 posts, read 9,130,021 times
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Quote:
Originally Posted by InformedConsent View Post
The euro caused the Greek crisis? No. Too generous social program and welfare benefits going to too many people while too few were paying the taxes to fund such caused the Greek crisis. I don't expect you to ever understand that. You're too indoctrinated.
At what percentage of Greece's GDP is spent on their military and how does that compare to other EU members?
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Old 07-06-2015, 07:27 AM
 
24,392 posts, read 23,048,028 times
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Currency really has no value so they shouldn't have to pay interest on their debt and what interest they've already paid should be taken from their debt. The Federal Reserve should write off a large percentage of US debt and we should penalize them as well.
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Old 07-06-2015, 07:51 AM
 
Location: the very edge of the continent
88,971 posts, read 44,780,079 times
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Quote:
Originally Posted by jmking View Post
At what percentage of Greece's GDP is spent on their military and how does that compare to other EU members?
What does that have to do with the Greek government giving too generous social program and welfare benefits to too many people while too few were paying the taxes to fund such?
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Old 07-06-2015, 08:00 AM
 
8,629 posts, read 9,130,021 times
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Quote:
Originally Posted by InformedConsent View Post
What does that have to do with the Greek government giving too generous social program and welfare benefits to too many people while too few were paying the taxes to fund such?
I knew you would respond just like you did! "What does that have to do with it" :

Well it does have something to do with it. Look it up. I agree their tax enforcement appears to be very weak.
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Old 07-06-2015, 08:01 AM
 
Location: Del Rio, TN
39,861 posts, read 26,482,831 times
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The people of Greece are acting like spoiled 12 year old girls and throwing a temper tantrum. Way past time for the responsible countries of the EU to cut up their credit card.
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Old 07-06-2015, 08:07 AM
 
Location: the very edge of the continent
88,971 posts, read 44,780,079 times
Reputation: 13681
Quote:
Originally Posted by jmking View Post
I knew you would respond just like you did! "What does that have to do with it" :

Well it does have something to do with it. Look it up. I agree their tax enforcement appears to be very weak.
It's not just tax enforcement. They have too few people paying adequate taxes to support all the social and welfare programs they have. What does military spending have to do with Greece collecting adequate taxes to fund their government programs?
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