Search results

What about precedents being set by Trump. Do you want future Presidents to get away with stonewalling Congress? Trump has not removed us from long term wars. Not yet, though there is continuous talk of it in Afghanistan. Trump has increased military spending does that sound like a government...

California is a wonderful, and beautiful State. I wouldn't want to tell Californians how they should run their State, but I would appreciate it if they would tell we Mississippians how to run ours. You Californians are doing much better than we. Have you read Dana's "Two Years before the...

Well done. I don't know why these folks assume some sort of "lefty" affiliation whenever some one posts some sensible objection to Trump's unethical or illegal behavior. It makes no sense to do that, because people of a wide range of political persuasion will be voting against Trump in the...

With your help, I guess we could go on bumping the thread, and thus my post, forever.

It is still a long way to the DNC convention. After California we will very likely know whether the nominee will be Bernard or someone else. If it is Bernard, then I would think voters under 35 and Russia will determine the outcome -- do they register and vote, or do they do they kiss it off...

Happy to accommodate. Your logic is wrong. The debt still exists whether the nominal interest rate is positive, negative or zero. You, as a debtor, must still return the lender's capital, or the residual in the case of negative interest rates. The interest rate minus the inflation rate...

That's quite true with both personal and government finances, however we have to be cautious not to carry this too far into thinking there is no difference between private sector and government sector finances. You and I can not spend above our income without borrowing and we can't spend...

I have wonderful neighbors. You may have confused my neighbors with the State I live in. I have many valid criticisms of my State's governors and one or two senators and representatives, but not all. We are a poor State because we've made choices that make us poor. And we are proud of it...

I assume you did not read the nice article I gave you a link to. I suppose I was expecting too much. For some, ignorance is self imposed.

thanks for your interesting post. I read it carefully and I have a much better understanding now of where your coming from. For me there is one overriding factor. Trump is a dangerous demagogue with a serious mental disorder. Whoever runs against him with the most support, I will vote for...

That is a very interesting area of commerce indeed, trucking. I may get a chance to go on a run with a close friend that just signed with a major U.S. Trucking company. Looking forward to it. Hoping for Alaska. My earlier remark remark relates to your seeming to get much of your information...

Bedtime reading for you. https://www.newstatesman.com/politics/2015/07/john-gray-friedrich-hayek-i-knew-and-what-he-got-right-and-wrong

Well, did you write them? I don't want to chit chat anymore until you write them and tell me what they said about your brilliant idea: Just look at the revenue, "because that's the only thing you can measure." Did it go up, or did it go down? What could be simpler! I am quite sure you're...

Ahw, but it is "plain ignorance" There are many things to be measured, all having an impact on revenues. And now we have an example of an actual absurdity, viz., your failure to recognize the obvious ignorance of jem's statement. I love "Uncle Milty" by the way," One of my favorite...

Have you ever tried to have a conversation with someone who just continued to spout nonsense and finally you had to look for a way to end the conversation without being insulting or judgemental. The best thing to do might be just to walk away hoping the don't follow you. Sadly I could not...

You may want to rethink this. As no one knows with certainty what the real rate of return will be at maturity it is of course impossible for markets to take the real yield at maturity accurately into account in the price of a bond. The best that can be down is to make an educated guess -- a...

You should write the Romers' and explain that you have solved the problem of how to tell what the effect of a tax cut was on revenue. They apparently wasted a couple years of research trying to figure out how to tell what the effect of a tax cut was on revenue. And you, you little devil, have...

I have read your post. I'll have to think about it some. I may get back to you later. Of course, what gives money value is what you can exchange it for including a tax liability. And that's why a nations fiat currency is, in effect, backed by productivity and taxes. You will have to beg...

You're like a mushroom. kept in the dark and fed shit.

I am not sure I can in a way that is correct, understandable, and sufficiently concise for ET. If you want to really understand money in modern fiat economies you would have to make a serious study of Treasury and Central Bank operations, among other things. I'll do my best to keep this as...