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That's consistent with my observations as well. Musk may be afflicted with Bipolar Disorder. If so, he could be simultaneously capable of extraordinary creativity, productivity and disastrous decisions that totally screw up his life...

No expert here, but my intuition is telling me this is likely wrong. Probably there is no gene for laziness. It seems more like a learned trait to me, in other words a product of one's environment.

Who cares if murray t turtle's facts are "non-historical facts" ? Shouldn't facts alone be good enough for you? :D

There are kooks in every profession on every continent. You are far more likely to develop myocarditis from a Covid infection than you are from Covid vaccination!!! If you are worried about myocarditis, the first thing you should do is protect yourself from Covid infection by getting fully...

stop this unscientific nonsense. https://www.nature.com/articles/s41440-022-00876-6 "These results confirm the short-term cardiovascular safety of the vaccine." There are only short term effects which quickly return to baseline, i.e., no long term effects.

There are not enough idiots to make your posts worthwhile, so why bother?

We know what happens without a central bank. And it is not good. What would have happened had there been no Central Bank "created" , is what happened when there wasn't one.

The question I have for you is this, do you have any evidence that Brazilians have not had access to global crypto all along? Brazil is a major, and modern nation with widespread internet access. We are not talking about Malawi here. Brazilians don't need a law to do any of the things you claim...

Probably not. Most likely Brazil has chosen to regulate, not adopt, Crypto. I'd avoid reading more into that article than is there. No nation with firmly established institutions, a well functioning central bank, and that issues its own currency is going to make Crypto legal tender, assuming...

If I may translate. I interpret El-Erian as saying, "The coming recession may be more extended than previously thought." Supply problems will depend heavily on the war in Ukraine and the Chinese Economy. These two factors contribute most of the time uncertainty.

And how would that differ from the past? In the U.S., and in Brazil or anywhere in the world, so long as there is no law prohibiting the use of crypto, businesses, or any individual can accept crypto if they choose to. Was crypto illegal in Brazil before this new law was past? If it wasn't they...

Confusion reigns in Brazil. What does "...can be used as a means of payment and as an investment asset but not as "...legal tender" mean? I suppose it means that The Government will not accept crypto currencies in payment of taxes. If that's what it means, then that, at least, is good. Any...

How can A.G. Garland's statement be reasonable read as: Because Mr. Trump has decided to run against my boss "it is in the public interest to start investigating trump and go after him" ? There is no "start" of an investigation here. Trump and his activities have been under investigation by...

It does of course set off revenue against deficits, but this is not the most important role of revenue. It's most important role is to safeguard the value of U.S. money. You will always work to earn U.S. dollars to pay your taxes or go to jail. It is not by accident that the only legal tender...

This is a good observation. It is in fact almost like kiting. What makes it different from kiting in the private sector is the U.S.'s ability to legally create as much money as it sees fit. If I write a bad check in U.S. dollars, I am in trouble because I don't have a money machine that can...

Although you love options, I'll bet you don't love them more than your broker does.

U.S. Government finances operate in a fiat money, floating exchange paradigm. Private sector finances are very different from this. The Government does not rely on tax income, or cash flow, for spending. Congress funds deficits by "printing" and subsequent to that the Treasury issues...

see This guy gets it right. He doesn't explain where real money printing occurs however, but I have done that for you in my posts here. The real printing occurs when the Fed covers a net fiscal year Treasury overdraft. The Fed does this, and although we say the Fed is printing, it is really...

This is good. Completely consistent with what I point out above. Notice he points out that Congress determines the amount of printing , not the fed. Second he points out that QE does not cause inflation. He points out that the fed can supply all the cash needed in the banking system. This...

Not really... allow me to intervene with a few facts: 1) The fed does print but it doesn't occur as a part of QE. QE changes the ratio of Bank reserves to Treasury securities held in the private sector. The fed is doing the opposite of QE right now, i.e. they are decreasing reserves and...