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My view re "climate change" is virtually the same as Nir Shaviv's. It has nothing to do with attempting to characterize "thousands of the most intelligent scientists on earth ." I have repeatedly pointed out that scientific questions cannot be answered via opinion polls...

I like that you don't hedge when you write. Your outspoken. Nothing held back. I like that. And I do agree with much. I happen to not agree with you regarding AOC's intelligence. She seems to me to be uncommonly intelligent. But we shall see. She is also relatively young and...

While I fully agree with the general sentiment here, I can't entirely subscribe to the quote below, as I think fooling and manipulating the public is only an inadvertent secondary result of the medias primary interest, which could correctly be said to be "profit," as you noted. the function...

In the interest of bringing the level of the above post up to nearly that of chit chat, it's necessary to point out that CO2 is not 2%; its 50 times less than that, at 0.04%, according to recent measurements. It varies widely from one place to another near the Earth's surface. The 0.04% figure...

Whatever is in your mind as real, is real to you -- at least until your under psychiatric care and the influence of modern pharmaceutics.

You can check out the Fed balance sheet for yourself. It is part of the public record and kept up to date in virtual real time on the internet. Toxic debt was toxic only to banks that could not mark it to market when the market for it dried up. The Fed bought it at a discount realizing it was...

The referenced study is of monetary policy on income distribution. Wealth distribution is more uneven than income distribution. The study is on pretax income and therefore is insensitive to the effect of fiscal policy, .i.e., taxation. Although monetary policy and fiscal policies both affect...

I have no interest in going any further with this discussion because it is zerohedge for god's sake. But in their intro, 2nd paragraph, the only thing I read, they must have gotten everything backwards. The rate paid on excess reserves is the floor; not ceiling. You can only loan your excess...

Uggghhh. Zerohedge!. Is there anything they understand before they weigh in on a topic? The Fed began to pay a small interest on reserves during the financial crisis in order to put a floor under the Funds Rate and hold it above zero. As long as there are net excess reserves, the funds rate...

I am not inclined to be suckered into a discussion of nonsense.

large numbers dropping out of the jobs hunt . not good.

None of what you state above, as your opinion, is correct.

There is a simple answer. The government is the first to use new fiat money. Money gets into the economy by the government spending it into the economy for goods and services that it purchases. The government also takes money out of the economy via taxes and fees. When the government spends...

If you and zdreg want to express informed opinions in regard to MMT, which is like having an opinion on "Fiat money Theory." Wouldn't it be worthwhile to learn something about it first?!

Dalio mentioned that he disagreed with the following aspects of MMT: There are aspects of MMT that I disagree with. Here are just a couple: I disagree with the notion that businesses don’t make investments based on the cost of money and just make decisions based on business prospects. Both...

As a student of economics and in particular MMT, I found the posted article to be a nice overview of problems confronting MMT in a real world. Sadly, to date, very few mainstream economists, politicians have a very good understanding of fiat money. This is a field that the MMT economists have...

Before! I think such surgery to be ill advised. There is such a thing as viagra! :D Just want to issue a word of encouragement. You young guys have a lot to look forward too.

This thread makes me chuckle because you whipper snappers have no idea how good sex can get. Wait till your over 65. You'll find out!

have you forgotten about the list of Clinton murder victims starting with Hillary's best friend , Vince Foster. And once those possibilities are again exhausted for the umpteenth time, conspiracy fans can move on to, for the umpteenth time, Jewish, Nazi, George Soros with a nice picture of him...