The problem with gold is (a) there is too little of it, (b) and as such it is too volitile for long term pricing. (c) and it is too open to manipulation. The problem with the fiat money system is only (a) we don’t have enough types of money, (b) we pay interest on borrowing from ourselves to create long term capital (housing, cars, appliances), which makes no damned sense at all, (c) we distribute liquidity through the financial sector and credit rather than just directly to consumers (citizens), and therefore cause the entire economy to reorganize and suffer the shocks, rather than simply having consumers correct the shock by shifting of consumption and debt. Libertarians are pretty much always wrong, because they’re always only half right, and they’re half right not because they’re moral, but because they want to enable private sector rents rather than public sector rents, instead of eliminating rents altogether. No man has any right to appreciation of a currency at the expense of others’ reduction of consumption or production. There is just no way to claim that. But it’s exactly the purpose of (((libertarian))) dogma: restoration of “the rents of the pale.”
Category: Economics, Finance, and Political Economy
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THE PROBLEM WITH THE GOLD STANDARD (LUDDISM) The problem with gold is (a) there
THE PROBLEM WITH THE GOLD STANDARD (LUDDISM)
The problem with gold is (a) there is too little of it, (b) and as such it is too volitile for long term pricing. (c) and it is too open to manipulation.
The problem with the fiat money system is only (a) we don’t have enough types of money, (b) we pay interest on borrowing from ourselves to create long term capital (housing, cars, appliances), which makes no damned sense at all, (c) we distribute liquidity through the financial sector and credit rather than just directly to consumers (citizens), and therefore cause the entire economy to reorganize and suffer the shocks, rather than simply having consumers correct the shock by shifting of consumption and debt.
Libertarians are pretty much always wrong, because they’re always only half right, and they’re half right not because they’re moral, but because they want to enable private sector rents rather than public sector rents, instead of eliminating rents altogether.
No man has any right to appreciation of a currency at the expense of others’ reduction of consumption or production. There is just no way to claim that. But it’s exactly the purpose of (((libertarian))) dogma: restoration of “the rents of the pale.”
Source date (UTC): 2018-06-18 10:25:00 UTC
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“Some of the most obvious ways to ensure opacity of competition rules are religi
—“Some of the most obvious ways to ensure opacity of competition rules are religion, moral, Keynesianism, and legal monopolies. (Production of public goods, a very obnoxious way of slavery for costumers aka people)”—José Francisco Mayora
Source date (UTC): 2018-06-17 10:26:00 UTC
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“Why cant we all be shareholders? Who are we serving?”— Tom James Bingo. Consi
—“Why cant we all be shareholders? Who are we serving?”— Tom James
Bingo. Consider yourself fully enlightened. There is only us and them until there is US ALONE.
Source date (UTC): 2018-06-16 22:30:12 UTC
Original post: https://twitter.com/i/web/status/1008114545947299840
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photos_and_videos/your_posts/35489430_10156431558217264_8252880530865913856_n_10
photos_and_videos/your_posts/35489430_10156431558217264_8252880530865913856_n_10156431558212264.jpg FOR THE INVENTORYAustin KuhlmanContext? 50mil is a nice round numberJun 16, 2018 8:25pmSam CaskeySo Curt is one of only 13 eh? Impressive.Jun 16, 2018 8:34pmMike Okmy drunk iq is 126. i guess that’s bretty goodJun 16, 2018 8:41pmRadu M Oleniuc”One in a million” suddenly has a new meaning.Jun 16, 2018 8:41pmArne TorbkornssonWait a second me and curt have the market cornered… Aryan intelligence – certainly not a cohencidenceJun 16, 2018 8:54pmBill JoslinThe fluidity of IQ.
Friday.morning 135
Friday night (20 pounds into a 40 pounder) 125
Saturday morning (hung over) 84
Sunday night 125
Monday morning 135.
The Anglo sentiment toward empathy across the IQ distribution and proclivity toward equality might be due to drinking habits.
Liquor store visits lead to sympathy for the underclass because we “visit” once a week . HahahahaJun 16, 2018 8:54pmEric NoonanWonder how many 150 and over are alt-righters or libertariansJun 16, 2018 8:57pmArne TorbkornssonAll the male white ones who aren’t soyboysJun 16, 2018 8:57pmArne TorbkornssonI personally live on a meat only diet….Jun 16, 2018 8:58pmSteven Deschainmmmm love the smell of mediocrity in the morningJun 16, 2018 9:38pmNick HeywoodAll of us.
See what I did there? 😀😁Jun 16, 2018 11:04pmNick HeywoodGeography? USA? Europe?Jun 16, 2018 11:05pmCurt Doolittleit’s just taking the mean and producing a distribution.
It’s not from data. good data should have noise.Jun 16, 2018 11:24pmLance BeanI fell for a brilliant and beautiful woman once. We are still very much in love. Unfortunately we can’t be together for other reasons. Life sucks when the demographic you need is few and far between. Why are you posting this dismal info anyway?Jun 16, 2018 11:35pmCurt DoolittlelolJun 16, 2018 11:38pmLance BeanYou are a cruel man.Jun 16, 2018 11:39pmCurt Doolittle( I’m in the same position man. )Jun 16, 2018 11:43pmVladimir NikonovLol Jordan Peterson said there’s virtually no IQ difference between males and females. I knew he was wrong.Jun 17, 2018 1:06amJonas KjærulvWhat is this based on?Jun 17, 2018 4:33amMatija GavrilovicIs this in total, or white people?Jun 17, 2018 4:59amCurt Doolittleouch. obvious. but not … nice when it hits us in the face.Jun 17, 2018 8:38amBrandon HayesFirst time I came across it represented visually in that manner. Agree though; “yikes” was my first thought.Jun 17, 2018 8:39amSaber Rockwelliirc, women have a steeper curve which is why males have a higher percentage of geniuses.. correct?Jun 17, 2018 2:15pmKay MortonThese must be old stats. I find it difficult to believe sweden still has an average of 99 IQ.. LolJun 17, 2018 2:31pmNick DahlheimLife isn’t so much cruel—IT just IS….and that’s a Stoic mentality.Jul 14, 2018 11:45pmFOR THE INVENTORY
Source date (UTC): 2018-06-16 20:23:00 UTC
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photos_and_videos/TimelinePhotos_43196237263/35489430_10156431558217264_82528805
photos_and_videos/TimelinePhotos_43196237263/35489430_10156431558217264_8252880530865913856_n_10156431558212264.jpg FOR THE INVENTORYAustin KuhlmanContext? 50mil is a nice round numberJun 16, 2018 8:25pmSam CaskeySo Curt is one of only 13 eh? Impressive.Jun 16, 2018 8:34pmMike Okmy drunk iq is 126. i guess that’s bretty goodJun 16, 2018 8:41pmRadu M Oleniuc”One in a million” suddenly has a new meaning.Jun 16, 2018 8:41pmArne TorbkornssonWait a second me and curt have the market cornered… Aryan intelligence – certainly not a cohencidenceJun 16, 2018 8:54pmBill JoslinThe fluidity of IQ.
Friday.morning 135
Friday night (20 pounds into a 40 pounder) 125
Saturday morning (hung over) 84
Sunday night 125
Monday morning 135.
The Anglo sentiment toward empathy across the IQ distribution and proclivity toward equality might be due to drinking habits.
Liquor store visits lead to sympathy for the underclass because we “visit” once a week . HahahahaJun 16, 2018 8:54pmEric NoonanWonder how many 150 and over are alt-righters or libertariansJun 16, 2018 8:57pmArne TorbkornssonAll the male white ones who aren’t soyboysJun 16, 2018 8:57pmArne TorbkornssonI personally live on a meat only diet….Jun 16, 2018 8:58pmSteven Deschainmmmm love the smell of mediocrity in the morningJun 16, 2018 9:38pmNick HeywoodAll of us.
See what I did there? 😀😁Jun 16, 2018 11:04pmNick HeywoodGeography? USA? Europe?Jun 16, 2018 11:05pmCurt Doolittleit’s just taking the mean and producing a distribution.
It’s not from data. good data should have noise.Jun 16, 2018 11:24pmLance BeanI fell for a brilliant and beautiful woman once. We are still very much in love. Unfortunately we can’t be together for other reasons. Life sucks when the demographic you need is few and far between. Why are you posting this dismal info anyway?Jun 16, 2018 11:35pmCurt DoolittlelolJun 16, 2018 11:38pmLance BeanYou are a cruel man.Jun 16, 2018 11:39pmCurt Doolittle( I’m in the same position man. )Jun 16, 2018 11:43pmDmitry NikolovLol Jordan Peterson said there’s virtually no IQ difference between males and females. I knew he was wrong.Jun 17, 2018 1:06amJonas KjærulvWhat is this based on?Jun 17, 2018 4:33amMatija GavrilovicIs this in total, or white people?Jun 17, 2018 4:59amBrandon HayesJun 17, 2018 8:31amCurt Doolittleouch. obvious. but not … nice when it hits us in the face.Jun 17, 2018 8:38amBrandon HayesFirst time I came across it represented visually in that manner. Agree though; “yikes” was my first thought.Jun 17, 2018 8:39amSaber Rockwelliirc, women have a steeper curve which is why males have a higher percentage of geniuses.. correct?Jun 17, 2018 2:15pmKay MortonThese must be old stats. I find it difficult to believe sweden still has an average of 99 IQ.. LolJun 17, 2018 2:31pmNick DahlheimLife isn’t so much cruel—IT just IS….and that’s a Stoic mentality.Jul 14, 2018 11:45pmFOR THE INVENTORY
Source date (UTC): 2018-06-16 20:23:00 UTC
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An Alternative Economic Order …
Athens (and Rome for that matter) was policed by young aristocratic males as part of their duty of service. Aristocrats had to rotate offices. Nobility performed ceremonies. Men earned the franchise (right to own land) through military service. Men who owned land were required to provide military service. When I was in Ukraine, during the revolution, groups of 100 young men would form a line and travel the streets. I never felt safer in my life unless I was hunting with other men with rifles. While the de-facto need for military service (preservation of the commons) requires a broader (or at least different) range of skills, the construction of infrastructure (engineers), and the increase in beauty (aesthetics, decoration, maintenance) is just as necessary a function for a polity. There is no reason we cannot shift from all this rent seeking, to employment of men in the service of the commons in exchange for the franchise. We would produce more socialized, stronger, healthier boys and men. Since the primary desire of the aristocracy from the rest is to behave in construction, preservation, and improvement of the commons – including their behavior, there is no reason why we cannot implement shareholder returns to citizens the same way we do so to common shareholders in corporations. This would radically restructure compensation since if we did so, people could just about survive on those dividends, and then work wages could free-float, and be used for entertainment not survival. As such the construction of commons can be produced at far lower costs – rivaling the rest of the world’s infrastructure costs – by the virtue of shifting the compensation methods from high rent to no rent.
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An Alternative Economic Order …
Athens (and Rome for that matter) was policed by young aristocratic males as part of their duty of service. Aristocrats had to rotate offices. Nobility performed ceremonies. Men earned the franchise (right to own land) through military service. Men who owned land were required to provide military service. When I was in Ukraine, during the revolution, groups of 100 young men would form a line and travel the streets. I never felt safer in my life unless I was hunting with other men with rifles. While the de-facto need for military service (preservation of the commons) requires a broader (or at least different) range of skills, the construction of infrastructure (engineers), and the increase in beauty (aesthetics, decoration, maintenance) is just as necessary a function for a polity. There is no reason we cannot shift from all this rent seeking, to employment of men in the service of the commons in exchange for the franchise. We would produce more socialized, stronger, healthier boys and men. Since the primary desire of the aristocracy from the rest is to behave in construction, preservation, and improvement of the commons – including their behavior, there is no reason why we cannot implement shareholder returns to citizens the same way we do so to common shareholders in corporations. This would radically restructure compensation since if we did so, people could just about survive on those dividends, and then work wages could free-float, and be used for entertainment not survival. As such the construction of commons can be produced at far lower costs – rivaling the rest of the world’s infrastructure costs – by the virtue of shifting the compensation methods from high rent to no rent.
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AN ALTERNATIVE ECONOMIC ORDER … Athens (and Rome for that matter) was policed
AN ALTERNATIVE ECONOMIC ORDER …
Athens (and Rome for that matter) was policed by young aristocratic males as part of their duty of service. Aristocrats had to rotate offices. Nobility performed ceremonies. Men earned the franchise (right to own land) through military service. Men who owned land were required to provide military service. When I was in Ukraine, during the revolution, groups of 100 young men would form a line and travel the streets. I never felt safer in my life unless I was hunting with other men with rifles. While the de-facto need for military service (preservation of the commons) requires a broader (or at least different) range of skills, the construction of infrastructure (engineers), and the increase in beauty (aesthetics, decoration, maintenance) is just as necessary a function for a polity. There is no reason we cannot shift from all this rent seeking, to employment of men in the service of the commons in exchange for the franchise. We would produce more socialized, stronger, healthier boys and men. Since the primary desire of the aristocracy from the rest is to behave in construction, preservation, and improvement of the commons – including their behavior, there is no reason why we cannot implement shareholder returns to citizens the same way we do so to common shareholders in corporations. This would radically restructure compensation since if we did so, people could just about survive on those dividends, and then work wages could free-float, and be used for entertainment not survival. As such the construction of commons can be produced at far lower costs – rivaling the rest of the world’s infrastructure costs – by the virtue of shifting the compensation methods from high rent to no rent.
Source date (UTC): 2018-06-16 12:07:00 UTC
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The Post-Socialist Curse
THE POST-SOCIALIST CURSE: SPRINGFIELD->HARTFORD(->MERIDEN-NORTH HAVEN ->NEW HAVEN(->BRIDGEPORT->WATERBURY->DANBURY) 28. Springfield, Mass. Population: 154,079 Median home value: $154,300 Poverty rate: 24.7% Pct. with at least a bachelor’s degree: 18.0% Springfield is the only city in Massachusetts, and one of only three in the broader New England region, to rank among the worst cities to live in. Springfield’s 6.9% unemployment rate is the highest of any Massachusetts city and well above the 4.9% U.S. unemployment rate. The high jobless rate exacerbates financial hardship in the city. About one in every four Springfield residents live below the poverty line, the highest poverty rate of any city in the state. As is the case with most cities on this list, real estate is relatively inexpensive in Springfield. The typical home is worth $154,300, the lowest median home value of any city in the state and less than half the median home value of $366,900 across Massachusetts. 11. Hartford, Conn. Population: 123,287 Median home value: $161,200 Poverty rate: 27.3% Pct. with at least a bachelor’s degree: 16.8% Hartford is the worst city to live in in both Connecticut and the broader New England region. The typical Hartford household earns $36,637 a year, less than half the median income in Connecticut of $73,433. Low-income individuals in the city are put under additional financial strain as goods and services are 17.3% more expensive in the city than they are on average nationwide. A bleak jobs picture in the city is partially to blame for the low median income. Some 9.4% of workers are out of a job, the largest share in New England and nearly double the 4.9% 2016 annual U.S. unemployment rate. The city’s poor economic conditions may be driving people out of Hartford. In the last five years, Hartford’s population shrank by 1.3% even as the national population increased by 3.7%. 39. New Haven, Conn. Population: 129,939 Median home value: $191,000 Poverty rate: 24.5% Pct. with at least a bachelor’s degree: 32.4% New Haven is one of two Connecticut cities to rank among the worst cities to live in nationwide. The city’s 6.6% unemployment rate is higher than both the state jobless rate of 5.1% and the national rate of 4.9%. The weak job market likely only increases financial hardship for some city residents as it is not a particularly inexpensive place to live. Goods and services in New Haven County are about 16.5% more expensive than they are on average nationwide. New Haven is not an especially safe city. There were 938 violent crimes for every 100,000 city residents in 2016, more than double the national violent crime rate of 386 per 100,000.