RT @ContraFabianist: @curtdoolittle @CatherinesCouch @RokoMijic It is cheaper to signal a convergence of interests than to invest in a conv…
Source date (UTC): 2023-01-17 23:30:30 UTC
Original post: https://twitter.com/i/web/status/1615491782904619016
The Lorenz curve and Gini coefficient, like GDP, tell us almost nothing of domestic value. We need a heightmap of age distribution(x) vs income(y) and population(z) so we can visualize without manipulation or error. Why? Cause w/o age distribution vs population it’s meaningless.
Source date (UTC): 2023-01-17 15:26:05 UTC
Original post: https://twitter.com/i/web/status/1615369879049179136
Better to say that we need a more precise metric than GDP that shows the income distribution in population. All GDP tells us (really) is the taxable base of the economy, trade negotiating power, state debt capacity, and military expenditure capacity. None tell us about ‘people’.
Source date (UTC): 2023-01-17 15:07:56 UTC
Original post: https://twitter.com/i/web/status/1615365309954928641
Reply addressees: @mgreene321 @SteveStuWill
Replying to: https://twitter.com/i/web/status/1615018181105700864
Ergo I expect the disappearance of the consumer banking sector as a whole, and the near end of institutional investing, and that all investment will be directed to productivity instead of rents.
All this is possible with digital currency. It will double govt revenues (easily).
Source date (UTC): 2023-01-16 23:29:29 UTC
Original post: https://twitter.com/i/web/status/1615129139572359171
Reply addressees: @bryanbrey @MattPirkowski @Lord__Sousa @TheAutistocrat @ThruTheHayes @LukeWeinhagen @Psyche_OS @InTruthVictori1 @Will_of_Europa @Turbo_Flux
Replying to: https://twitter.com/i/web/status/1615113862746882049
IN REPLY TO:
Unknown author
@bryanbrey @MattPirkowski @Lord__Sousa @TheAutistocrat @ThruTheHayes @LukeWeinhagen @Psyche_OS @InTruthVictori1 @Will_of_Europa @Turbo_Flux AFAIK all States will gradually convert to digital currencies (exhangable for different goods) in the model of tokens instead of universally exchangable currency. This will be a matter of state competitive survival. I see decentralized currencies operated by insurers (banks).
Original post: https://x.com/i/web/status/1615113862746882049
Let me add to it:
States are presently afraid of their banks and bankers.
I expect that the next logical step in government is to bring consumer lending, employment insurance, health insurance, and retirement savings, into the treasury and distribute liquidity to citizens.
Source date (UTC): 2023-01-16 23:29:14 UTC
Original post: https://twitter.com/i/web/status/1615129078104985601
Reply addressees: @bryanbrey @MattPirkowski @Lord__Sousa @TheAutistocrat @ThruTheHayes @LukeWeinhagen @Psyche_OS @InTruthVictori1 @Will_of_Europa @Turbo_Flux
Replying to: https://twitter.com/i/web/status/1615113862746882049
IN REPLY TO:
Unknown author
@bryanbrey @MattPirkowski @Lord__Sousa @TheAutistocrat @ThruTheHayes @LukeWeinhagen @Psyche_OS @InTruthVictori1 @Will_of_Europa @Turbo_Flux AFAIK all States will gradually convert to digital currencies (exhangable for different goods) in the model of tokens instead of universally exchangable currency. This will be a matter of state competitive survival. I see decentralized currencies operated by insurers (banks).
Original post: https://x.com/i/web/status/1615113862746882049
AFAIK all States will gradually convert to digital currencies (exhangable for different goods) in the model of tokens instead of universally exchangable currency. This will be a matter of state competitive survival. I see decentralized currencies operated by insurers (banks).
Source date (UTC): 2023-01-16 22:28:46 UTC
Original post: https://twitter.com/i/web/status/1615113862746882049
Reply addressees: @bryanbrey @MattPirkowski @Lord__Sousa @TheAutistocrat @ThruTheHayes @LukeWeinhagen @Psyche_OS @InTruthVictori1 @Will_of_Europa @Turbo_Flux
Replying to: https://twitter.com/i/web/status/1615112333860409344
Economics.
Source date (UTC): 2023-01-16 19:02:31 UTC
Original post: https://twitter.com/i/web/status/1615061956464988160
Reply addressees: @PurePatriotDNA
Replying to: https://twitter.com/i/web/status/1615049286303027209
Trade is can can be conducted by “baiting into hazard” or organized crime to the benfit of the community at the expense of hosts.
Source date (UTC): 2023-01-16 13:06:03 UTC
Original post: https://twitter.com/i/web/status/1614972249559252993
Reply addressees: @komintern_kong @nathancofnas @TOOEdit
Replying to: https://twitter.com/i/web/status/1614897493988319233
I studied computer science, artificial intelligence, and economics before I studied law. In “operational economics” (the logic of inentives), meaning it’s computable, we learn a great deal about human nature in the sciences, beause the feedback loop on our predictions is rapid. https://twitter.com/curtdoolittle/status/1614745776231710720
Source date (UTC): 2023-01-15 22:19:47 UTC
Original post: https://twitter.com/i/web/status/1614749210615635968
https://twitter.com/curtdoolittle/status/1614745776231710720
US rule is no longer possible, becuase the postwar effort to burn down the US working, lower middle, and middle classes in an effort to bait (force) the world into peaceful trade defeating the communists has run out of US tolerance, and uplifted countries are now competitors.
Source date (UTC): 2023-01-15 17:47:12 UTC
Original post: https://twitter.com/i/web/status/1614680614011027468
Reply addressees: @michaelxpettis @greg_ip @WSJ
Replying to: https://twitter.com/i/web/status/1614484175725395968