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ScottAdamsSays's profile
Scott Adams
Scott Adams
Scott Adams
Verified account
@ScottAdamsSays

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Scott AdamsVerified account

@ScottAdamsSays

My Micro Lesson (2-4 min. videos) on being more happier and more effective in life are on Locals: http://bit.ly/2Ygv2tf 

Pleasanton CA
youtube.com/c/realCoffeeWi…
Joined October 2014

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    1. Scott Adams‏Verified account @ScottAdamsSays 12 Apr 2020

      Economists only: What is the downside of printing and distributing trillions of dollars in an environment in which inflation is nil and demand is low? Who loses and when? @joshgans

      492 replies 128 retweets 884 likes
    2. Ryan DeLongpre  🇺🇸‏ @jeitoapp 12 Apr 2020
      Replying to @ScottAdamsSays @joshgans

      How can inflation be nil when it’s (in large part) the direct result of printing money? Anyway I’m summoning people who understand money way better than me to answer you @RaoulGMI @APompliano @DTAPCAP @PrestonPysh @Breedlove22

      11 replies 1 retweet 21 likes
    3. Scott Adams‏Verified account @ScottAdamsSays 12 Apr 2020
      Replying to @jeitoapp @joshgans and

      Who can raise prices when demand is down 20-40%?

      50 replies 0 retweets 53 likes
    4. Robert Breedlove‏ @Breedlove22 12 Apr 2020
      Replying to @ScottAdamsSays @jeitoapp and

      Inflation is not an immediate effect, it will happen over time as more dollars chase the same amount of “stuff” Immediate effects of a crunch like this are deleveraging and flight to safety, deflationary pressures that strengthen USD short term (as we saw on March 12, 2020)

      2 replies 1 retweet 30 likes
      Scott Adams‏Verified account @ScottAdamsSays 12 Apr 2020
      Replying to @Breedlove22 @jeitoapp and

      There are good arguments against doing too little and also against doing too much. There is less of an argument against doing as much as you can short of risking bad inflation down the road. Assuming we can identify that safe(er) zone.

      12:52 PM - 12 Apr 2020
      • 1 Retweet
      • 13 Likes
      • Scott Mastin Six20 s wiedeman Allan Kashoro President-Elect Donna Drew Kravitz Fish Head Robert Barnes
      9 replies 1 retweet 13 likes
        1. Robert Breedlove‏ @Breedlove22 12 Apr 2020
          Replying to @ScottAdamsSays @jeitoapp and

          The best thing we can do is let the market for money function freely, central bank interventionism and attempts to suppress volatility only exacerbate it in the long-run and inflict heavy iatrogenic costs on society.

          0 replies 0 retweets 2 likes
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        1. Jess A. Patriot  ⚒ 🐻‏ @jsbrads 12 Apr 2020
          Replying to @ScottAdamsSays @Breedlove22 and

          Kind of like all decisions, if you can delay the consequences of every bad decision, you can just ignore all negative consequences altogether?

          0 replies 0 retweets 1 like
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        2. Robert Breedlove‏ @Breedlove22 12 Apr 2020
          Replying to @ScottAdamsSays @jeitoapp and

          The best arguments favor a separation of money and state, as everything a government monopoly takes under its purview becomes plagued by inefficiency (DMV, post office, central banking, etc).

          1 reply 1 retweet 14 likes
        3. Mister CPU‏ @Mister_CPU 12 Apr 2020
          Replying to @Breedlove22 @ScottAdamsSays and

          Unregulated currency wouldn't be failproof, right? Regulation of that supply seems to mitigate risk.

          2 replies 0 retweets 0 likes
        4. Show replies
        1. Edmuende Broewne‏ @theoctobear 12 Apr 2020
          Replying to @ScottAdamsSays @barnes_law and

          Sweden.

          0 replies 0 retweets 0 likes
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        1. James Murray‏ @MurrayTheBard 12 Apr 2020
          Replying to @ScottAdamsSays @Breedlove22 and

          The risk is not only inflation, but also stagflation which causes Depressions. Stagflation happens when there is persistent high inflation combined with high unemployment and stagnant demand in a country's economy. I see all those ingredients right now.

          0 replies 0 retweets 1 like
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        1. Topless Vegas‏ @ToplessVegas 12 Apr 2020
          Replying to @ScottAdamsSays @barnes_law and

          I'm not worried about inflation *down the road.* I'm worried about the permanent destruction of my business now.

          0 replies 0 retweets 0 likes
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        2. Preston Pysh‏Verified account @PrestonPysh 12 Apr 2020
          Replying to @ScottAdamsSays @Breedlove22 and

          Scott, the market forces at play here have been baked-in for five decades. In the end, the fiat-based global currency system WILL fail, it's only a matter of how fast or slow it happens. To slow it down, govs need more UBI (just had 10 years of QE) - but either way, it's cooked.

          1 reply 0 retweets 12 likes
        3. J P‏ @JDP223 12 Apr 2020
          Replying to @PrestonPysh @ScottAdamsSays and

          Seems like the more UBI the more likely it fails. What am I missing?

          2 replies 0 retweets 0 likes
        4. Show replies
        1. New conversation
        2. Not Uncertain‏ @sstackmore 13 Apr 2020
          Replying to @ScottAdamsSays @Breedlove22 and

          I once counted at least seven kinds of inflation. Makes naive discussion almost impossible. Be specific. Monetary supply inflation is one kind. This is what the fed does. Consumer price inflation is what most people think about that may or may not be a result of the former.

          3 replies 0 retweets 10 likes
        3. Not Uncertain‏ @sstackmore 13 Apr 2020
          Replying to @sstackmore @ScottAdamsSays and

          We expect monetary supply inflation to be used in cases like this to sustain politically powerful but otherwise unsustainable businesses. It’s the story of the last 30 years - we always avoid creative destruction and the reckoning as too painful. So next time is worse.

          1 reply 0 retweets 0 likes
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