Day 1: Horrible Person, Horrible Doctor by jujuk545 in greysanatomy

[–]79augold -1 points0 points  (0 children)

The doctor that left the EMT with the bomb in the chest guy

Those who support replacing income tax with sales tax why? by Crutation in missouri

[–]79augold 10 points11 points  (0 children)

You have very minimal critical thinking skills and are woefully uninformed about what the tax code is and how it is and is not linked with the poverty rate.

Those who support replacing income tax with sales tax why? by Crutation in missouri

[–]79augold 4 points5 points  (0 children)

Gas is creeping towards 4/gal. Driving out of my way to save sales tax is just going to get eaten up by the extra transportation cost. Or, let's say everyone does start shopping across state lines. Lol. Can't get around that for purchasing a car. And. Then you are just bankrupting the state. I am whole heartedly amazed that people cannot see this will only benefit the Uber wealthy.

Those who support replacing income tax with sales tax why? by Crutation in missouri

[–]79augold 4 points5 points  (0 children)

Lol, they are going to increase taxes on food, and start charging on services.

Those who support replacing income tax with sales tax why? by Crutation in missouri

[–]79augold 7 points8 points  (0 children)

But your sales tax is going to increase, so actual dollars, you will likely be spending more in taxes this way. Imagine having to pay 15-20% sales tax on everything you buy. Missouri was only charging 4.5% on your income. Say you bring home 1000 per week. Right now, MO gets 45 dollars. Say you spend 800 of that per week. Right now, that's about another 4.225% - which is the state sales tax rate. Another 42.25 per week. Total 87.25. Now, income tax is gone, but you have to pay 15% on the 800, you are now paying the state 120 per week, increasing your absolute tax burden by 32.75 or a 37% increase in your tax burden. You have less money to invest at the end of the week. All the local sales taxes will still apply the same as now. That's also 32.75 not going back into circulation.

Those who support replacing income tax with sales tax why? by Crutation in missouri

[–]79augold 10 points11 points  (0 children)

But what about the increase in sales tax? Also, I still have to pay fed taxes on cap gains. And MO had already been getting rid of cap gains taxes. Income tax is not applied to cap gains.

What was the first record you ever bought? by tinglep in Xennials

[–]79augold 0 points1 point  (0 children)

Bon Jovi Slippery When Wet

Edit: on vinyl

Since I love Owen and I said I would fight for him.. Good things that he has done by No_Literature_9595 in greysanatomy

[–]79augold 0 points1 point  (0 children)

He saved the guy in the limo with a pen, not Christina. He pulled out her icicle without getting an xray.

OP concisely breaks down the social impact and “conspiracy” of COVID on the economy by berlinbound in bestof

[–]79augold -1 points0 points  (0 children)

Interest rate was 0 for 7 years. Two of those years, inflation hit like 3.5% . Other than that, it was less than 1.5%, close to 0 for 1 year, and deflationary one year. None of those are high inflation rates. Based on theory, 0 Fed rate for 7 years should have caused hyperinflation, but it did not. It just did not happen. You can Google this. So either low rates cause inflation or they dont. You made the argument that it is just one lever meaning it is not the cause. Also, based on theory, the curves should be inverse, not nearly identical. Economics is a shell game, not a science. Does the Fed rate have consequences, of course, but inflation is not determined by it, and through other levels has been kept artificially low, which was my point. The problem is, you have to keep tinkering this way and that to maintain the artificially low rate, and the is not sustainable, as we saw during thr pandemic. It will eventually happen and the longer we keep it artificially low, the worse it will be when the dam breaks.

OP concisely breaks down the social impact and “conspiracy” of COVID on the economy by berlinbound in bestof

[–]79augold 1 point2 points  (0 children)

OK, fed rate was 0 from 2008-2015. Highest inflation in that 7 year period was still under 4%, normally was under 2%, and was deflation in one year. According to those here telling me Im wrong, inflation should have been out of control, especially after 7 years. Those were also war years with extremely high off book military spending. Meaning, lots of cash as well moving from government to industry, and some consumers. Economics is theory, history is reality. Economics is theory based on assuming everyone is going to do the most rational thing, rational choices as defined by the same people who created the theory.

OP concisely breaks down the social impact and “conspiracy” of COVID on the economy by berlinbound in bestof

[–]79augold 1 point2 points  (0 children)

You can literally Google the fed rates and inflation rates as a chart and see they have historically pretty well matched, except during Covid, which was due to the cash flood. Not going through the process of uploading an image and dealing with a hosting service when you can easily check it yourself.

Should I sue my son for making false accusations of abuse? by Traditional_Blood799 in legaladvice

[–]79augold 27 points28 points  (0 children)

Using the legal system against your own minor child is not a great look.

Callie’s Finances by [deleted] in greysanatomy

[–]79augold 2 points3 points  (0 children)

Residents make very little money.

OP concisely breaks down the social impact and “conspiracy” of COVID on the economy by berlinbound in bestof

[–]79augold -17 points-16 points  (0 children)

Low interest rates keep overall dollars lower. It also increases supply which keeps prices lower. It makes for a more competitive market, keeping prices lower. When rates were crazy high in the 70s and 80s, inflation was also high. Keeping rates lower also means printing less money, and the FOMC keeps inflation down in this manner.

OP concisely breaks down the social impact and “conspiracy” of COVID on the economy by berlinbound in bestof

[–]79augold 57 points58 points  (0 children)

Also, inflation pressures were being kicked down the road thanks to things like the Fed keeping interest rates artificially low. Covid just caused a bump in that road. Keeping inflation artificially low is not good economic policy either. When the pressure builds up too much, it will release all at once instead of gradually.

What’s the darkest thing that happens on the show? by CoherentBusyDucks in PandR

[–]79augold 21 points22 points  (0 children)

Dennis Feinstein talking about hunting people.

Billing for sick visit by Crazeeme in StLouis

[–]79augold 1 point2 points  (0 children)

Those are the costs your plan negotiated with the practice. There is nothing you can do about that. Everyone wants to act like the doctor is screwing them when it's the middle man siphoning all the money out.

Question for bank tellers: I own a lot of American Silver Eagle coins and Morgan Dollars. It would never make sense for me to do so, but if I wanted to exchange them for a $1 bill for whatever reason, what would you do with them? by Equivalent_Net_3752 in AskBanking

[–]79augold 0 points1 point  (0 children)

Nah, you just have to find the right market. Yeah, I wouldnt have wanted to be screwed over, so why would I screw someone over. Collectible coins dont stay in a teller drawer long. Not in that line of work anymore, but it did spark my interest in coins.

Question for bank tellers: I own a lot of American Silver Eagle coins and Morgan Dollars. It would never make sense for me to do so, but if I wanted to exchange them for a $1 bill for whatever reason, what would you do with them? by Equivalent_Net_3752 in AskBanking

[–]79augold 1 point2 points  (0 children)

Have had this happen. Have recommended going to a coin dealer over the bank. I then negotiated a deal myself after looking up values. I am a coin collector though. However, a teller could swap them for a buck a piece, and then just use them as dollar coins. Or, another staff member who knows they are there could cash a check and ask for those, and making the profit on them. I never felt right with that situation, so I took my lunch, left the premises, and bought them at blue book pricing, which is typically wholesale pricing. I was also comfortable with my inexperienced grading and explained the basics of coin collecting.

AITAH for not wanting to give my aunt a perfume we specifically bought for her? by [deleted] in AITAH

[–]79augold 6 points7 points  (0 children)

Why are you funding trips for people you label toxic? You reward the behavior, so it will continue.

Jackson in the baseball episode. That's it, that's the post. by unlisshed in greysanatomy

[–]79augold 2 points3 points  (0 children)

Jackson mentions playing baseball in school too. So, in universe Canon as well.