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As a student of economics since ~2005, and of MMT since ~2009, I have no choice other than to recognize the MMT economists as being correct. Your personal "school of thought is wrong. MMT is not a school of thought, any more than acceptance of the natural laws of science should be termed a...

You should stop now. Stop polluting these threads with nonsense. In the meantime study economics and read the MMT economists. Read both William Mitchell and Randall Wray. start with this:

The migration won't last. These bonds will be called and the holders forced to put their money to work at lower rates, or assume higher risk. There is no free lunch. Low rates are good for people who live on credit, like real estate developers. What people really want is stability, they want...

So when did you stop beating your wife? Sorry, but I don't know how better to illustrate the ridiculousness of inferring something is true that isn't -- you beat your wife, by asking a loaded question.

That would be of course a negative wholesale rate, the rate banks pay for the money they lend. The retail rate,i.e., what you would pay to borrow, will of course remain small but positive.

Right, not that simple. A significant contributor however is the very easy, current, money policy of the Powell led fed. This has pushed already low interest rates to rock bottom levels, and in turn has been followed by, among other things, a devalued dollar and price inflation, including...

This simply means that the fed buys Treasuries on what's called the secondary market which is the same market you and I can buy them on. This subjects transactions, in principle at least, to "price discovery" within a gigantic market. The alternative is the fed, i.e., the government, either...

Isn't impact the reason there are strikes, as opposed to some other tactic to get what you want, after making a polite request has failed.

My comments above relate specifically to the United States. It is interesting to note, however, that there are examples drawn from socialist governments and absolute monarchies, where the government is permitted to own means of production or assets that produce significant profits from exports...

Of course you're right. Productivity or GDP comes mainly from the private sector. We turn over responsibility for creating money to the government however, because we don't trust the private sector to do that. When we tried it, we eventually got into a big mess. So we made the government the...

Your responding to someone other than me perhaps? Since you brought it up however, I guess I could mention that the U.S. Central bank is not a "business." The Central bank does not need to make a profit, as a business would, and any incidental profit, after operational expenses, flows directly...

It is impossible to discuss any of these topics with you in a productive manner because your knowledge, such as it is, is a half century out of date.

It does seem as though the fed is pumping up the market. but me mustn't forget that short term equity prices are largely emotion driven and the market, most of the time, is irrational. The fed does not buy equities, so the notion of the fed pushing up the market by buying stocks is wrong...

Actually government issued, fiat money, like the U.S. dollar for example, is backed by at least three things: productivity, taxes and faith. ( taxes give money value in the sense that it is the only currency the government will accept toward payment of taxes. You will need to pay your taxes if...

You made that up, didn't you.

This woman whose hair dangles reminds me of Bullwinkle in the Geico TV ad where the Geico Gecko says to Bullwinkle, "That doesn't even make any sense, Mr. Winkle."

Either you are insane, or everyone else is... Corporate bonds to not provide the "same level of risk" as do treasuries. By the way, your first paragraph above is arm waving and gibberish. The second paragraph is misguided. Although bonds are senior to other types of securities, there is no...

I haven't so far at least been one of those, but you're being very helpful in teaching me how to identify a conservative racist. Thanks.

I have observed that when you find yourself unable to rebut facts you are uncomfortable with but are nevertheless available to everyone via google, you resort to ad hominem attacks. I can only guess that this is because you are unable to offer anything both logical and substantive. Here...

I only heard about them as they were initially reported in the media. It would have been wiser of me to have refrained from comment.