–“The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.”– FA Hayek
Source date (UTC): 2022-03-12 23:58:43 UTC
Original post: https://twitter.com/i/web/status/1502796258385313794
–“The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.”– FA Hayek
Source date (UTC): 2022-03-12 23:58:43 UTC
Original post: https://twitter.com/i/web/status/1502796258385313794
If, because of a shortage of money, because of a dependency upon (hard) money, I lend you money at 300% interest, for your use of alcohol, prostitution, or gambling, what is the outcome for you, family, state?
“Baiting into hazard”
Source date (UTC): 2022-03-12 14:32:23 UTC
Original post: https://twitter.com/i/web/status/1502653738510651397
Reply addressees: @KelvinKevinsky
Replying to: https://twitter.com/i/web/status/1502648796068687880
IN REPLY TO:
Unknown author
@KelvinKevinsky If, because of a shortage of money, because of a dependency upon (hard) commodity money, I lend you money at 300% interest, secured against your property, what is the outcome for each of: you, your family, the community, the tax base, and the manor (state)?
“Baiting into hazard”
Original post: https://x.com/i/web/status/1502648796068687880
If, because of a shortage of money, because of a dependency upon (hard) money, there exists an extreme limit on monetary and economic velocity, I lend you money at 300% interest, secured against your freedom, what is the outcome for you, family, state?
“Baiting into hazard”
Source date (UTC): 2022-03-12 14:30:35 UTC
Original post: https://twitter.com/i/web/status/1502653281952309253
Reply addressees: @KelvinKevinsky
Replying to: https://twitter.com/i/web/status/1502648796068687880
IN REPLY TO:
Unknown author
@KelvinKevinsky If, because of a shortage of money, because of a dependency upon (hard) commodity money, I lend you money at 300% interest, secured against your property, what is the outcome for each of: you, your family, the community, the tax base, and the manor (state)?
“Baiting into hazard”
Original post: https://x.com/i/web/status/1502648796068687880
If, because of a shortage of money, because of a dependency upon (hard) commodity money, I lend you money at 300% interest, secured against your property, what is the outcome for each of: you, your family, the community, the tax base, and the manor (state)?
“Baiting into hazard”
Source date (UTC): 2022-03-12 14:12:45 UTC
Original post: https://twitter.com/i/web/status/1502648796068687880
Reply addressees: @KelvinKevinsky
Replying to: https://twitter.com/i/web/status/1502553675171971078
Empirical Ray Dalio with skin in the game vs Theoretical (and deceitful) Paul Krugman forcing others to put skin in the game involuntarily.
Source date (UTC): 2022-03-10 19:32:46 UTC
Original post: https://twitter.com/i/web/status/1502004556884070402
Reply addressees: @FedorForever209 @MrMatt444
Replying to: https://twitter.com/i/web/status/1501998966929428480
Just want to add that the stock market and the economy are simply measurements of noise as demographics, technology, and credit work through the population. “We are in a world where there is only noise and no signal there.” Everything that matters is due to the collapse of order.
Source date (UTC): 2022-03-08 22:10:37 UTC
Original post: https://twitter.com/i/web/status/1501319504235687940
Reply addressees: @HuginJones
Replying to: https://twitter.com/i/web/status/1501312061422276617
Since 2008, and ‘the big fail’, most economists have gone into hiding on matters of substance.
Papers: Econpapers, SSRI
Blogs: Marginal, Armstrong,
Vids: Stoic Fin., Econ. Explained, Caspian Report, Zeihan, George Friedman.
We are past ‘consumption econ’ into ‘strategic’ econ
Source date (UTC): 2022-03-08 22:08:47 UTC
Original post: https://twitter.com/i/web/status/1501319041457311759
Reply addressees: @HuginJones
Replying to: https://twitter.com/i/web/status/1501312061422276617
Now, since I was tangentially involved, the objective was the modernization of ukraines economy for the benefit of the people, the defense of ukraine from further russian aggression, and the elimination of both russian and oligarchical corruption from ukraine.
No nato ever.
Source date (UTC): 2022-03-08 20:40:30 UTC
Original post: https://twitter.com/i/web/status/1501296825474691076
Reply addressees: @no_username_id
Replying to: https://twitter.com/i/web/status/1501295655876280324
—“Curt, prices for usual things in market double in just a few days”— Family Friend NE of Moscow
So much less drama in russia and ukraine. Compare with american fretting over toilet paper.
Source date (UTC): 2022-03-07 02:39:12 UTC
Original post: https://twitter.com/i/web/status/1500662317280862209
No such likelihood unless the cost of children rapidly decreases.
Source date (UTC): 2022-03-07 02:14:22 UTC
Original post: https://twitter.com/i/web/status/1500656069437280257
Reply addressees: @jskayfshd @IamtheMKC
Replying to: https://twitter.com/i/web/status/1500655303490097154