Category: Economics, Finance, and Political Economy

  • STATE SPONSORED HYPERCONSUMPTION OF GOODS, SERVICES, INFO, AND VIRTUE SIGNALS —

    STATE SPONSORED HYPERCONSUMPTION OF GOODS, SERVICES, INFO, AND VIRTUE SIGNALS

    —“What we like or want may not be good for us.” –Curt Doolittle

    Context of the original quote was that we have used a variety of techniques to generate hyper-consumption and especially conspicuous hyper consumption, and even worse, conspicuous hyper consumption of virtue signals. In other words, we may like hyper consumption but that does not mean it is good for us, any more than hyperconsumption of the pleasure response by drugs is, or hyperconsumption of sedation by alcohol, or hyperconsumption of calming by nicotine, or anything else in any similar spectrum.

    So, yes, “all things in moderation” for the individual but this isn’t enforceable if the entirety of the political economy is generating hyperconsumption for hyper-taxation, and hyper-redistribution.

    The state should not engage in the provision of the incentive to hyperconsume. This only benefits the financial sector. Instead, just redistribute liquidity in response to shock and sags directly to the consumer and cause business to fight over it.


    Source date (UTC): 2019-10-19 10:55:00 UTC

  • As if obama had ANY influence on the business cycle that didn’t make it worse, a

    As if obama had ANY influence on the business cycle that didn’t make it worse, and as if Trump hasn’t systematically worked to repatriate business to the USA.

    —“Why does it bother you that a black President could succeed after being handed aftermath of 2 recessions + 2 wars. If you don’t know tRump by now your education has failed you. #TrumpRussia Mafia Giuliani Ukraine Visa Mob Ties Russia.” — Global News Thailand 🇹🇭 สาระความรู้

    Why would his being black have anything to do with anything? Why does it bother you that someone who specializes in disambiguating pseudoscience from pseudoscience states the rather obvious that obama furthered the global parasitism and Trump undermines global parasitism.

    The Clintons are the most corrupt people ever to hold office (they stole 2M from me personally). We don’t have evidence that Trump did anything except work in finance, construction, maintenance, and food service industries in a world where corruption is a cost of doing business.

    Obama didn’t do anything other than ride the normal business cycle. He certainly didn’t do what I (right), or Galbraith (Left) recommended. He didn’t end the wars like Trump. He didn’t repatriate business. He didn’t force europeans to pay for their defense, or stop chinese theft.

    And as far as we know Russian interference was to sew discord (undermine, in proper marxist, pomo, feminist tradition) in both parties – which is where Russian intelligence spends 70% of their resources – finding ‘useful idiots’ like you and feeding them ‘desirable’ propaganda.

    Russians learned from the Marxists, Bolsheviks, Feminists and Postmodernists, that it is cheaper to sew discord and undermine from within, than to fight economically (they can’t) or militarily (they can’t) or politically (they can’t).

    The female competitive strategy is to undermine by gossiping, rallying, shaming, ridiculing, moralizing, psychologizing, straw manning, disapproval, and denial (verbal) and the male strategy is economic political and military (material). Russians use the female strategy.

    And that is what you’re doing. Because undermining, disapproval, lying, and denial are necessary to obscure undesirable truth and falsehood.


    Source date (UTC): 2019-10-19 10:49:00 UTC

  • “Trust lowers cost. … It’s the long-term strategy of long-term strategies, as

    —“Trust lowers cost. … It’s the long-term strategy of long-term strategies, as far as I’m concerned (acting in a trustworthy manner and profiling people partly along a trust scale, adjusting with new evidence). … And paired with openness (in terms of engaging with, and training, other perspectives) can lead to an amassment of mutual improvement.”—Andy Curzon


    Source date (UTC): 2019-10-17 14:39:00 UTC

  • Raising humans is still profitable. Taxation is still the best industry. 😉 lolz

    Raising humans is still profitable. Taxation is still the best industry. 😉 lolz


    Source date (UTC): 2019-10-17 14:07:11 UTC

    Original post: https://twitter.com/i/web/status/1184833237962706950

    Reply addressees: @I_Vae_Victis_I

    Replying to: https://twitter.com/i/web/status/1184816433185906690


    IN REPLY TO:

    @I_Vae_Victis_I

    Manorialism has been working for a long time. @curtdoolittle

    —-
    Although, myself, I prefer land to be used for raising 🥩 cattle, other 🐷🐑🐓 livestock, and ⚔️🧬📖coliseums. In place of plant-based🤢 garbage; excluding the makings of beer and wine, of course. 😉

    Original post: https://twitter.com/i/web/status/1184816433185906690

  • (Yes, trade unions are necessary and beneficial. Non trade unions (clerical) are

    (Yes, trade unions are necessary and beneficial. Non trade unions (clerical) are not. And collective bargaining (blackmail) is not. )


    Source date (UTC): 2019-10-17 12:38:00 UTC

  • If you can’t make a moral argument in economic terms either you lack the intelle

    If you can’t make a moral argument in economic terms either you lack the intellectual ability or you are engaging in some for of fraud by deceit. This is yet another book doing the latter. And then feminists wonder why men are losing patience with the experiment of the franchise.


    Source date (UTC): 2019-10-15 22:00:16 UTC

    Original post: https://twitter.com/i/web/status/1184227518133555201

    Replying to: https://twitter.com/i/web/status/1184227517340762113


    IN REPLY TO:

    Unknown author

    So in other words, this book demonstrates the second Abrahamic (sophomoric) attempt to undermine western civlization: Monotheism in the old world, then Marxism, Feminism, Postmodernism, and ‘Denialism’ now – more embarrassing by far than pretense of religious dogma.

    Original post: https://x.com/i/web/status/1184227517340762113


    IN REPLY TO:

    @curtdoolittle

    So in other words, this book demonstrates the second Abrahamic (sophomoric) attempt to undermine western civlization: Monotheism in the old world, then Marxism, Feminism, Postmodernism, and ‘Denialism’ now – more embarrassing by far than pretense of religious dogma.

    Original post: https://x.com/i/web/status/1184227517340762113

  • 8) We are only equal in poverty. We are only prosperous in inequality. Because i

    8) We are only equal in poverty. We are only prosperous in inequality. Because inequality is the product of defeating the red queen through genetic, institutional, economic, cultural, and normative capital investment in defeating the red queen in every one of those disciplines.


    Source date (UTC): 2019-10-15 14:02:45 UTC

    Original post: https://twitter.com/i/web/status/1184107345774813184

    Reply addressees: @JonHaidt @EveningStandard

    Replying to: https://twitter.com/i/web/status/1184107076148191233


    IN REPLY TO:

    Unknown author

    @JonHaidt @EveningStandard 7) I don’t make errors. Don’t bother trying to refute it. Try to understand it. Belt Tightening will come either by the restoration of nationalism, capital accumulation, and economic and political eugenics or it will come from collapse.

    Original post: https://x.com/i/web/status/1184107076148191233


    IN REPLY TO:

    @curtdoolittle

    @JonHaidt @EveningStandard 7) I don’t make errors. Don’t bother trying to refute it. Try to understand it. Belt Tightening will come either by the restoration of nationalism, capital accumulation, and economic and political eugenics or it will come from collapse.

    Original post: https://x.com/i/web/status/1184107076148191233

  • 6) And in doing so created scarcity of the very goods you seek to hyper-consume.

    6) And in doing so created scarcity of the very goods you seek to hyper-consume. Humans are not insulated from the laws of physics and our productivity, particularly by the consumption of hydrocarbons, not as the liberals presumed – infinite. Welcome to consequences you created.


    Source date (UTC): 2019-10-15 13:59:57 UTC

    Original post: https://twitter.com/i/web/status/1184106639416287232

    Reply addressees: @JonHaidt @EveningStandard

    Replying to: https://twitter.com/i/web/status/1184106189665329153


    IN REPLY TO:

    Unknown author

    @JonHaidt @EveningStandard 5) And we have no choice but to defeat genetic and economic red queens. Why? Demographics is destiny. Your hyperconsumption has expanded the world underclass, reversing thousands of years of human domestication (economic and political eugenics).

    Original post: https://x.com/i/web/status/1184106189665329153


    IN REPLY TO:

    @curtdoolittle

    @JonHaidt @EveningStandard 5) And we have no choice but to defeat genetic and economic red queens. Why? Demographics is destiny. Your hyperconsumption has expanded the world underclass, reversing thousands of years of human domestication (economic and political eugenics).

    Original post: https://x.com/i/web/status/1184106189665329153

  • by Alain Dwight All money is a share in a particular economy. Having money gener

    by Alain Dwight

    All money is a share in a particular economy. Having money generated by a predefined, publicly visible algorithm might be a step closer to rule of law in finance, but it’s not a full accounting rule of law for finance and it doesn’t magically make the economy it represents more valuable.

    To raise the value of shares, rule of law still needs to be applied and enforced separately, at which point crypto’s only advantage (I know of) would be transactions that are marginally more efficient (if true), which would be a fringe benefit, not a revolutionary shift.

    You can write software to help expose, cut out, and compete with the parasites but that’s going to hit a hard limit, unless you address the underlying issue (a comprehensive plan to replace parasitic control of law w/ rule of law and high trust).


    Source date (UTC): 2019-10-13 06:59:00 UTC

  • ya. Crypto is a share. Oct 13, 2019, 6:31 AM

    https://www.engadget.com/2019/10/12/sec-telegram-cryptocurrency-restraining-order/Told ya. Crypto is a share.

    https://www.engadget.com/2019/10/12/sec-telegram-cryptocurrency-restraining-order/Updated Oct 13, 2019, 6:31 AM


    Source date (UTC): 2019-10-13 06:31:00 UTC