by T Michael Lutas via Quora Assuming that the petroyuan actually takes off, the US will have an inflationary impulse as petrodollars cycle back to the US at last and US Fed interest rates have to rise in order to soak them up. Assuming that the Fed doesn’t completely mishandle things, it will be a short term bump depending on the amount of petroyuan contracts. Strategically, the bigger the petroyuan, the less room China will have to continue on its current economic road, something that will greatly advantage the United States, if the US is smart enough to take advantage of it. China depends on economic manipulation to keep its economy going at a level far beyond what foreigners are comfortable with. China can survive the disapproval of these foreign governments and private economic players because the vast majority of yuan are kept within the borders of China where short selling yuan is not legal. The larger the yuan market outside of the PRC government control, the more likely someone will replicate George Soros’ feat when he broke the english pound. If anyone succeeds, they will make Soros look like a pauper. Alternatively, China could clean up its act, keep honest economic books, and merrily advance its way to real world power. But it keeps those books crooked for a reason. It is unlikely that the CCP would survive in its current role if those economic bookkeeping reforms were to happen. It is very likely that the CCP knows it because keeping crooked books is a tremendous source of inefficiency and economic misallocation for China and this is commonly known.
Form: Excerpt
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—“How will the petroyuan affect the future of the American economy?”—
by T Michael Lutas via Quora Assuming that the petroyuan actually takes off, the US will have an inflationary impulse as petrodollars cycle back to the US at last and US Fed interest rates have to rise in order to soak them up. Assuming that the Fed doesn’t completely mishandle things, it will be a short term bump depending on the amount of petroyuan contracts. Strategically, the bigger the petroyuan, the less room China will have to continue on its current economic road, something that will greatly advantage the United States, if the US is smart enough to take advantage of it. China depends on economic manipulation to keep its economy going at a level far beyond what foreigners are comfortable with. China can survive the disapproval of these foreign governments and private economic players because the vast majority of yuan are kept within the borders of China where short selling yuan is not legal. The larger the yuan market outside of the PRC government control, the more likely someone will replicate George Soros’ feat when he broke the english pound. If anyone succeeds, they will make Soros look like a pauper. Alternatively, China could clean up its act, keep honest economic books, and merrily advance its way to real world power. But it keeps those books crooked for a reason. It is unlikely that the CCP would survive in its current role if those economic bookkeeping reforms were to happen. It is very likely that the CCP knows it because keeping crooked books is a tremendous source of inefficiency and economic misallocation for China and this is commonly known.
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“Science says liberals, not conservatives, are psychotic”
By Danika Fears, NYP
—“Turns out liberals are the real authoritarians. A political-science journal that published an oft-cited study claiming conservatives were more likely to show traits associated with “psychoticism” now says it got it wrong. Very wrong. The American Journal of Political Science published a correction this year saying that the 2012 paper has “an error” — and that liberal political beliefs, not conservative ones, are actually linked to psychoticism. “The interpretation of the coding of the political attitude items in the descriptive and preliminary analyses portion of the manuscript was exactly reversed,” the journal said in the startling correction. “The descriptive analyses report that those higher in Eysenck’s psychoticism are more conservative, but they are actually more liberal; and where the original manuscript reports those higher in neuroticism and social desirability are more liberal, they are, in fact, more conservative.” In the paper, psychoticism is associated with traits such as tough-mindedness, risk-taking, sensation-seeking, impulsivity and authoritarianism. The social-desirability scale measures people’s tendency to answer questions in ways they believe would please researchers, even if it means overestimating their positive characteristics and underestimating negative ones. The erroneous report has been cited 45 times, according to Thomson Reuters Web of Science. Brad Verhulst, a Virginia Commonwealth University researcher and a co-author of the paper, said he was not sure who was to blame. “I don’t know where it happened. All I know is it happened,” he told Retraction Watch, a blog that tracks corrections in academic papers. “It’s our fault for not figuring it out before.” The journal said the error doesn’t change the main conclusions of the paper, which found that “personality traits do not cause people to develop political attitudes.” But professor Steven Ludeke of the University of Southern Denmark, who pointed out the errors, told Retraction Watch that they “matter quite a lot.” “The erroneous results represented some of the larger correlations between personality and politics ever reported; they were reported and interpreted, repeatedly, in the wrong direction,” he said.”—
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“Science says liberals, not conservatives, are psychotic”
By Danika Fears, NYP
—“Turns out liberals are the real authoritarians. A political-science journal that published an oft-cited study claiming conservatives were more likely to show traits associated with “psychoticism” now says it got it wrong. Very wrong. The American Journal of Political Science published a correction this year saying that the 2012 paper has “an error” — and that liberal political beliefs, not conservative ones, are actually linked to psychoticism. “The interpretation of the coding of the political attitude items in the descriptive and preliminary analyses portion of the manuscript was exactly reversed,” the journal said in the startling correction. “The descriptive analyses report that those higher in Eysenck’s psychoticism are more conservative, but they are actually more liberal; and where the original manuscript reports those higher in neuroticism and social desirability are more liberal, they are, in fact, more conservative.” In the paper, psychoticism is associated with traits such as tough-mindedness, risk-taking, sensation-seeking, impulsivity and authoritarianism. The social-desirability scale measures people’s tendency to answer questions in ways they believe would please researchers, even if it means overestimating their positive characteristics and underestimating negative ones. The erroneous report has been cited 45 times, according to Thomson Reuters Web of Science. Brad Verhulst, a Virginia Commonwealth University researcher and a co-author of the paper, said he was not sure who was to blame. “I don’t know where it happened. All I know is it happened,” he told Retraction Watch, a blog that tracks corrections in academic papers. “It’s our fault for not figuring it out before.” The journal said the error doesn’t change the main conclusions of the paper, which found that “personality traits do not cause people to develop political attitudes.” But professor Steven Ludeke of the University of Southern Denmark, who pointed out the errors, told Retraction Watch that they “matter quite a lot.” “The erroneous results represented some of the larger correlations between personality and politics ever reported; they were reported and interpreted, repeatedly, in the wrong direction,” he said.”—
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Production or Consumption?
by Ely Harman Women participating in economic production, (beyond a very low level where their specializations are most helpful, or until marriage) are not participating in production but participating in consumption – especially the consumption of their genetic inheritance, in exchange for a single lifetime of careerism and sensation seeking. But all the status and memories they accumulate that way will die with them. I don’t see what was wrong with the post agrarian norms, where men were responsible for all of the war and politics and most of the economic production, while women were responsible for most of the reproduction and caretaking. That worked well enough for thousands of years. I think the main reason it’s been abandoned is that defection is individually rational, but collectively irrational. Nearly everyone would be better off, in their own estimation, if defection were effectively barred, though they may be better off still if they were able to defect while no one else could (fails existential possibility and reciprocity.
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Production or Consumption?
by Ely Harman Women participating in economic production, (beyond a very low level where their specializations are most helpful, or until marriage) are not participating in production but participating in consumption – especially the consumption of their genetic inheritance, in exchange for a single lifetime of careerism and sensation seeking. But all the status and memories they accumulate that way will die with them. I don’t see what was wrong with the post agrarian norms, where men were responsible for all of the war and politics and most of the economic production, while women were responsible for most of the reproduction and caretaking. That worked well enough for thousands of years. I think the main reason it’s been abandoned is that defection is individually rational, but collectively irrational. Nearly everyone would be better off, in their own estimation, if defection were effectively barred, though they may be better off still if they were able to defect while no one else could (fails existential possibility and reciprocity.
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RT @Hromadske: The main problems of #Ukraine are the lack of rule of law and gen
RT @Hromadske: The main problems of #Ukraine are the lack of rule of law and general ignorance about the country. – James Brooke, Editor-in…
Source date (UTC): 2018-04-04 06:32:52 UTC
Original post: https://twitter.com/i/web/status/981419311695835136
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Retweeted Hromadske Int. (@Hromadske): The main problems of #Ukraine are the lac
Retweeted Hromadske Int. (@Hromadske):
The main problems of #Ukraine are the lack of rule of law and general ignorance about the country. – James Brooke, Editor-in-Chief, @the_ubj https://t.co/S5iOCzYpg9 https://t.co/BgvJnV2yL8
Source date (UTC): 2018-04-04 02:32:00 UTC
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“History is Largely Genocide and Rape”
via outsideness. Despite Reich’s occasional need to stop his otherwise lucid narrative to spew irrational rage against his fellow race-science heretics, the genome expert conclusively demolishes the post-Boasian anthropologists’ conventional wisdom. Reich’s laboratory has found that the old Robert E. Howard version is actually pretty much what happened: —“After 1066, the island race enjoyed a long halcyon era without new invaders raping and pillaging. But all good things evidently have to come to an end.”— History is basically genocide and rape, with a little additional surface detailing. What you are in its biological fundamentals is whoever raped over you last.
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“History is Largely Genocide and Rape”
via outsideness. Despite Reich’s occasional need to stop his otherwise lucid narrative to spew irrational rage against his fellow race-science heretics, the genome expert conclusively demolishes the post-Boasian anthropologists’ conventional wisdom. Reich’s laboratory has found that the old Robert E. Howard version is actually pretty much what happened: —“After 1066, the island race enjoyed a long halcyon era without new invaders raping and pillaging. But all good things evidently have to come to an end.”— History is basically genocide and rape, with a little additional surface detailing. What you are in its biological fundamentals is whoever raped over you last.