Half

keepit wrote:
Spending halved and therefore GDP halved and therefore anthropogenic CO2 emissions halved.

keepit wrote:Spending halved and therefore GDP halved and therefore anthropogenic CO2 emissions halved.

keepit wrote: Your mortgage interest eliminated.

keepit wrote: Rental payments halved.

keepit wrote: Student debt eliminated.

keepit wrote: Work week halved.

keepit wrote: Time spend golfing, fishing, and with family doubled.

keepit wrote: Plenty of jobs because no one could work more than half of what they do now.

keepit wrote: The Fed and the Treasury could do this if they didn't have to listen to the politicians.

keepit wrote: Anyone who isn't concerned with global warming and CO2 emissions needn't worry about CO2 being halved do they?

keepit wrote:
IBDM,
Student debt. I think most of the debt is owed to the fed govt. The fed govt. can just forgive the debt. If student debt is owed to someone other than the fed the fed can just buy that debt and then forgive it.
Mortgage interest. Same as with student debt.
Rental payments. Rental payments would be halved because landlord mortgage interest would be eliminated.
Workers' hours. A large number of workers would like to go golfing and fishing, etc if they could afford it. Convincing the others to work half time would be an interesting problem.
Fed reserve and Treasury. The Fed and Treasury would have to buy a lot of debt.
The national debt would be largely eliminated by printing money to pay the treasuries owed to foreigners to help the the fed and treasury buy back debt.. The budget deficit would shrink because interest on the national debt would be largely eliminated, and the military expenditures would have to be reduced.
The plants are doing fine.

keepit wrote:
Gas,
That's the thing, work half as much, produce half as much, and therefore produce half as much CO2.
I'm sure producing half as much CO2 doesn't bother you.

HarveyH55 wrote:

keepit wrote:
IBDM,
Student debt. I think most of the debt is owed to the fed govt. The fed govt. can just forgive the debt. If student debt is owed to someone other than the fed the fed can just buy that debt and then forgive it.
Mortgage interest. Same as with student debt.
Rental payments. Rental payments would be halved because landlord mortgage interest would be eliminated.
Workers' hours. A large number of workers would like to go golfing and fishing, etc if they could afford it. Convincing the others to work half time would be an interesting problem.
Fed reserve and Treasury. The Fed and Treasury would have to buy a lot of debt.
The national debt would be largely eliminated by printing money to pay the treasuries owed to foreigners to help the the fed and treasury buy back debt.. The budget deficit would shrink because interest on the national debt would be largely eliminated, and the military expenditures would have to be reduced.
The plants are doing fine.

Are your medications prescribed by a doctor, or self-prescribed? I worked hard, made a few sacrifices, and paid my house off in 17 years. So, you're telling me that someone who just started on their 30 year mortgage, basically gets a free house? all the people who worked hard to get a degree, and a decent job, had to work a second job, to pay off their student loans, get to look back at all they gave up to honor their obligation. While some dead-beat hippie kid, paid little or nothing on his, gets a free ride? Tuition is high, because of those loans and grants anyway. Just like health care is expensive, because of insurance. People don't care where the money came from, as long as they get paid. But at the end of the day, somebody has to pay for it all.

keepit wrote: Student debt. I think most of the debt is owed to the fed govt. The fed govt. can just forgive the debt.

keepit wrote: If student debt is owed to someone other than the fed the fad just buy that debt and then forgive it.

keepit wrote: Mortgage interest. Same as with student debt.

keepit wrote: Rental payments. Rental payments would be halved because landlord mortgage interest would be eliminated.

keepit wrote: Workers' hours. A large number of workers would like to go golfing and fishing, etc if they could afford it.

keepit wrote: Fed reserve and Treasury. The Fed and Treasury would have to buy a lot of debt.

keepit wrote: The national debt would be largely eliminated by printing money to pay the treasuries owed to foreigners to help the the fed and treasury buy back debt.

keepit wrote: The budget deficit would shrink because interest on the national debt would be largely eliminated, and the military expenditures would have to be reduced.

keepit wrote: Printing dollars by the fed and treasury is not the same as "we the people" paying the debt.

keepit wrote: Printing dollars to pay debt doesn't increase the number of dollars.

keepit wrote: My wife used to freak out every time i refinanced something to reduce the interest expense. I don't think she ever truly realized that refinancing isn't the same as increasing debt

keepit wrote:
Zimbabwe and Venezuela aren't the same as the usa. Neither is their currency. We can do things with dollars that V. and Z. can't do.

keepit wrote:
IBDM,
You make so many false assumptions...

For example, suppose we print dollars to pay off treasuries. That doesn't increase the amount of dollars out there, at least if you count treasuries as dollars. What it would do is it would decrease the amount of interest expense.

keepit wrote:
Gas,
For example, we can use dollars to buy things on the international market at good prices. Buying things with zimbzb or venz money doesn't work so well. We can borrow money from other countries because the dollar has a history of stability which V. and Z. don't.
These facts are a tremendous advantage.
That advantage could go away in time if the world starts using the yuan instead of the dollar.

keepit wrote:
Do you actually think i don't calculate into the equation the closing costs when i refinance?
Come on!!!

keepit wrote:
I hope this doesn't sound like a beatles song and this doesn't concern global warming deniers.
Spending halved and therefore GDP halved and therefore anthropogenic CO2 emissions halved. Imagine all your expenses being halved. The national debt eliminated. Interest on national debt eliminated. Your mortgage interest eliminated. Rental payments halved. Your fuel expenses halved. Food expenses halved. Student debt eliminated. Work week halved. Time spend golfing, fishing, and with family doubled. Plenty of jobs because no one could work more than half of what they do now.
The Fed and the Treasury could do this if they didn't have to listen to the politicians.
Anyone who isn't concerned with global warming and CO2 emissions needn't worry about CO2 being halved do they?

I need to get a life!

keepit wrote:
IBDM,
Student debt. I think most of the debt is owed to the fed govt.

keepit wrote:
The fed govt. can just forgive the debt.

keepit wrote:
If student debt is owed to someone other than the fed the fed can just buy that debt and then forgive it.

keepit wrote:
Mortgage interest. Same as with student debt.

keepit wrote:
Rental payments. Rental payments would be halved because landlord mortgage interest would be eliminated.

keepit wrote:
Workers' hours. A large number of workers would like to go golfing and fishing, etc if they could afford it.

keepit wrote:
Convincing the others to work half time would be an interesting problem.

keepit wrote:
Fed reserve and Treasury. The Fed and Treasury would have to buy a lot of debt.

keepit wrote:
The national debt would be largely eliminated by printing money to pay the treasuries owed to foreigners to help the the fed and treasury buy back debt..

keepit wrote:
The budget deficit would shrink because interest on the national debt would be largely eliminated,

keepit wrote:
and the military expenditures would have to be reduced.

keepit wrote:
The plants are doing fine.

GasGuzzler wrote:
Too many dollars chasing too few goods.

Massive inflation a devalued dollar.