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All spending and expenses of Govt and Business is ultimately paid for, by the public. What's your point?
So what is the point of the thread and the need to instill another tax on the public to create a fund which by your own admission would ultimately pay for by the public anyways?
So what is the point of the thread and the need to instill another tax on the public to create a fund which by your own admission would ultimately pay for by the public anyways?
All you did was discredit the need for the tax
And all you're doing - besides beating yourself silly with endless use of the "smack" smilie - is discrediting your knowledge of economics. You do a real good job of displaying blind partisanship, though.
So, you agree with me then. The money won't be coming from the fed, as claimed by Happy Texan.
It was a simple direct question. Why you're changing the subject to macroeconomics is puzzling. Why do you do that?
Why would I change the subject to macroeconomics? Actually I focused the subject on microeconomics.. The LOCAL bank customer would be PAYING the fee because the banks would be passing it onto INDIVIDUAL customers. That equates to micro, not macro economics.
I didnt change ANYTHING to macroeconomics, I posted THE TRUTH.. I'm sorry if you dont like hearing the truth..
And all you're doing - besides beating yourself silly with endless use of the "smack" smilie - is discrediting your knowledge of economics. You do a real good job of displaying blind partisanship, though.
haha, thats funny... So now you dont think the banks will pass these fees onto their consumers. Tell me oh wise one, where will the money come from then?
Why would I change the subject to macroeconomics? Actually I focused the subject on microeconomics.. The LOCAL bank customer would be PAYING the fee because the banks would be passing it onto INDIVIDUAL customers. That equates to micro, not macro economics.
I didnt change ANYTHING to macroeconomics, I posted THE TRUTH.. I'm sorry if you dont like hearing the truth..
Hey, dude. All I asked was whether the fund will be created with tax money, as claimed by Happy Texan, or with money from the financial institutions themselves.
And no, you're incorrect. Microeconomics is the study of the behavior of individual institutions or individuals. Macroeconomics is the study of the economy as a whole. Passing costs to consumers is a general behavior that effects price, practiced by all institutions, therefore it is macro, not micro.
Need a Tylenol? Scratch that. Take a Percoset. You'll feel much better.
haha, thats funny... So now you dont think the banks will pass these fees onto their consumers. Tell me oh wise one, where will the money come from then?
Wow! You either have poor reading skills or a vivid imagination. I said no such thing. Reality isn't as simplistic as you appear to think it is.
Hey, dude. All I asked was whether the fund will be created with tax money, as claimed by Happy Texan, or with money from the financial institutions themselves.
Hey dud, all I did was respond and say that the money would be created by fees passed from banks onto the consumer.. Whats your point? It will NOT be with money from the financial institutions themself, its similar to passing on a tax increase to people who use these banks.. Or are these banks only visited by individuals who earn $250K or more?
Quote:
Originally Posted by nvxplorer
And no, you're incorrect. Microeconomics is the study of the behavior of individual institutions or individuals. Macroeconomics is the study of the economy as a whole. Passing costs to consumers is a general behavior that effects price, practiced by all institutions, therefore it is macro, not micro.
And since thise fee only applies to the bigger banks, then it is a study of the behavior of the individual institutions. Where exactly do you think the money will come from? AGAIN? The INDIVIDUAL banks need to pass the fees onto INDIVIDUAL consumers.. The fee is targeted towards individual banks, not EVERYONE.. Its micro!!
Quote:
Originally Posted by nvxplorer
Wow! You either have poor reading skills or a vivid imagination. I said no such thing. Reality isn't as simplistic as you appear to think it is.
Hey dud, all I did was respond and say that the money would be created by fees passed from banks onto the consumer.. Whats your point? It will NOT be with money from the financial institutions themself, its similar to passing on a tax increase to people who use these banks.. Or are these banks only visited by individuals who earn $250K or more?
And since thise fee only applies to the bigger banks, then it is a study of the behavior of the individual institutions. Where exactly do you think the money will come from? AGAIN? The INDIVIDUAL banks need to pass the fees onto INDIVIDUAL consumers.. The fee is targeted towards individual banks, not EVERYONE.. Its micro!!
Then why are you arguing with me?
Jeeze. I'm done. I figure, as fast as you're digging, you'll soon be so deep I won't be able to hear you anyway. Have a nice day. I'm going on a wonderful desert ride, through a scenic canyon, visiting some beautiful small and historic Nevada towns. You have fun pretending to be a smart guy on the internet. Bye-bye.
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