Curt Doolittle

Theme: Crisis

  • UNDERCLASS IMMIGRANTS HAVE HAD PRECISELY THE ANTICIPATED NEGATIVE IMPACT ON WEST

    UNDERCLASS IMMIGRANTS HAVE HAD PRECISELY THE ANTICIPATED NEGATIVE IMPACT ON WESTERN CIVILIZATION

    Irish and italian immigrants (catholics) had precisely the effect on the political order that protestants argued they would. In fact, the protestants have been correct every single time without fail, that the underclasses (catholics are largely the underclass and protestants largely the middle class) would destroy the experiment in ‘a third way’ government not by aristocracy or church but by the middle class and in the interests of the middle class.

    That’s why the constitution is so close to natural law (tort). Because the USA was conceived of as a middle class (propertied agrarian) alternative to the Old Order of Europe. And all the underclasses european and otherwise have sought to undermine this experiment under the insane illusion that the wealth generated by a middle class ‘third way’ will survive the existence of underclasses imported from around the world. It can’t. Europe excelled after 700 almost entirely because bipartite manorialism is brutally eugenic, and by the late middle ages all of europe above the Hajnal line was genetically middle class. That’s the truth. It’s not ideas. IT’S GENES.

    Source date (UTC): 2018-05-02 10:21:00 UTC

  • Why Direct Redistribution of Liquidity vs Tax Breaks, Monetary Policy(interest) or Fiscal Policy(spending)

    Timeliness. In a shock, tax breaks, lowering interest rates, and fiscal policy are extremely slow, and it certainly appears from the data, largely ineffectual compared to simply distributing cash to every citizen to do with as he may. During the 2008 Crisis only me and Galbraith were talking about it (and I am nobody). Later a few others tepidly put forward the argument. Galbraith died, or he might have gotten somewhere. We could have all but paid off american home mortgages with the trillions we spent. So that was what I recommended. We could have done that and the world pricing structure would not have had to adjust. Since then I’ve come to understand that while MMT cannot work without hyperinflation, (a) there is no meaningful reason for consumer interest, and (b) there is no meaningful reason for NOT distributing liquidity directly to consumers rather than through the financial system (monetary policy), the state (fiscal policy), or tax rebates (tax policy). The problems with these methods is that they must be algorithmic (rule of law) just as is targeting the money supply today, or politicians will destroy the economy for votes. The reason I advocate this system is not just reciprocity (and therefore morality) but I want to force the financial system to seek returns on innovation (investment) rather than returns on rents (loans). And I want to addict the population to those returns, so that the bureaucratic government is incrementally eroded in return for increasing those direct redistributions, and so that people are hesitant to allow immigrants who merely capture those dividends leaving less for the citizenry. This is the best way to kill the state I have ever come across.

  • Why Direct Redistribution of Liquidity vs Tax Breaks, Monetary Policy(interest) or Fiscal Policy(spending)

    Timeliness. In a shock, tax breaks, lowering interest rates, and fiscal policy are extremely slow, and it certainly appears from the data, largely ineffectual compared to simply distributing cash to every citizen to do with as he may. During the 2008 Crisis only me and Galbraith were talking about it (and I am nobody). Later a few others tepidly put forward the argument. Galbraith died, or he might have gotten somewhere. We could have all but paid off american home mortgages with the trillions we spent. So that was what I recommended. We could have done that and the world pricing structure would not have had to adjust. Since then I’ve come to understand that while MMT cannot work without hyperinflation, (a) there is no meaningful reason for consumer interest, and (b) there is no meaningful reason for NOT distributing liquidity directly to consumers rather than through the financial system (monetary policy), the state (fiscal policy), or tax rebates (tax policy). The problems with these methods is that they must be algorithmic (rule of law) just as is targeting the money supply today, or politicians will destroy the economy for votes. The reason I advocate this system is not just reciprocity (and therefore morality) but I want to force the financial system to seek returns on innovation (investment) rather than returns on rents (loans). And I want to addict the population to those returns, so that the bureaucratic government is incrementally eroded in return for increasing those direct redistributions, and so that people are hesitant to allow immigrants who merely capture those dividends leaving less for the citizenry. This is the best way to kill the state I have ever come across.

  • WHY DIRECT REDISTRIBUTION OF LIQUIDITY VS TAX BREAKS, MONETARY POLICY(INTEREST)

    WHY DIRECT REDISTRIBUTION OF LIQUIDITY VS TAX BREAKS, MONETARY POLICY(INTEREST) OR FISCAL POLICY(SPENDING)

    Timeliness. In a shock, tax breaks, lowering interest rates, and fiscal policy are extremely slow, and it certainly appears from the data, largely ineffectual compared to simply distributing cash to every citizen to do with as he may.

    During the 2008 Crisis only me and Galbraith were talking about it (and I am nobody). Later a few others tepidly put forward the argument. Galbraith died, or he might have gotten somewhere.

    We could have all but paid off american home mortgages with the trillions we spent. So that was what I recommended. We could have done that and the world pricing structure would not have had to adjust.

    Since then I’ve come to understand that while MMT cannot work without hyperinflation, (a) there is no meaningful reason for consumer interest, and (b) there is no meaningful reason for NOT distributing liquidity directly to consumers rather than through the financial system (monetary policy), the state (fiscal policy), or tax rebates (tax policy).

    The problems with these methods is that they must be algorithmic (rule of law) just as is targeting the money supply today, or politicians will destroy the economy for votes.

    The reason I advocate this system is not just reciprocity (and therefore morality) but I want to force the financial system to seek returns on innovation (investment) rather than returns on rents (loans). And I want to addict the population to those returns, so that the bureaucratic government is incrementally eroded in return for increasing those direct redistributions, and so that people are hesitant to allow immigrants who merely capture those dividends leaving less for the citizenry.

    This is the best way to kill the state I have ever come across.

    Source date (UTC): 2018-05-01 17:51:00 UTC

  • “Generation Z (adults ages 18-22) is the loneliest generation and claims to be i

    —“Generation Z (adults ages 18-22) is the loneliest generation and claims to be in worse health than older generations.”—

    Source date (UTC): 2018-05-01 13:40:00 UTC

  • “An woman has confessed to killing her own children and setting fire to them, af

    —“An woman has confessed to killing her own children and setting fire to them, after claiming she could no longer support them.

    Divorcee Elena Karimova, who has 21,000 subscribers for her online cosmetic sales business, is being investigated for strangling her daughter, Khadizha, four, and son Suleiman, two, in the back seat of her rented Kia Rio.

    The Russian woman – who had fallen behind with loan repayments after being divorced by her husband – then bought fuel from a petrol station, drove the bodies to a forest and set fire to her dead children.

    Fearing she would be spotted by locals, the 27-year-old put the charred bodies back in her car and returned home.

    The next day she put the corpses in an abandoned warehouse near Nizhny Novgorod in western Russia and set fire to it.”—

    You know. I just can’t get my head around it. I just can’t. You know, I can understand walking away. I just can’t understand killing your kin and setting them on fire.

    Source date (UTC): 2018-04-30 17:15:00 UTC

  • Russian Sociodemographic Cycle

    THE RUSSIAN SOCIODEMOGRAPHIC CYCLE Nefedov, Turchin and Malkov: sociodemographic cycles (The implied argument is that the Kondratiev wave and the agrarian waves are about the same, and that we exhaust possibilities of expansion on a predictable cycle (it takes two generations to exhaust and opportunity) The basic logic of these models is as follows: 1) After the population reaches the ceiling of the carrying capacity of land, its growth rate declines toward near-zero values. 2) The system experiences significant stress with decline in the living standards of the common population, increasing the severity of famines, growing rebellions etc. 3) As has been shown by Nefedov, most complex agrarian systems had considerable reserves for stability, however, within 50–150 years these reserves were usually exhausted and the system experienced a demographic collapse (a Malthusian catastrophe), when increasingly severe famines, epidemics, increasing internal warfare and other disasters led to a considerable decline of population. 4) As a result of this collapse, free resources became available, per capita production and consumption considerably increased, the population growth resumed and a new sociodemographic cycle started.

  • Russian Sociodemographic Cycle

    THE RUSSIAN SOCIODEMOGRAPHIC CYCLE Nefedov, Turchin and Malkov: sociodemographic cycles (The implied argument is that the Kondratiev wave and the agrarian waves are about the same, and that we exhaust possibilities of expansion on a predictable cycle (it takes two generations to exhaust and opportunity) The basic logic of these models is as follows: 1) After the population reaches the ceiling of the carrying capacity of land, its growth rate declines toward near-zero values. 2) The system experiences significant stress with decline in the living standards of the common population, increasing the severity of famines, growing rebellions etc. 3) As has been shown by Nefedov, most complex agrarian systems had considerable reserves for stability, however, within 50–150 years these reserves were usually exhausted and the system experienced a demographic collapse (a Malthusian catastrophe), when increasingly severe famines, epidemics, increasing internal warfare and other disasters led to a considerable decline of population. 4) As a result of this collapse, free resources became available, per capita production and consumption considerably increased, the population growth resumed and a new sociodemographic cycle started.

  • 2) but those windfalls, the temporary lifting of the underclasses into middle cl

    2) but those windfalls, the temporary lifting of the underclasses into middle class consumption post civil- and world-war because of them, created too much incentive for those against meritocracy – and they sought under marxism, and postmodernism to use US openness to destroy it.

    Source date (UTC): 2018-04-30 15:44:28 UTC

    Original post: https://twitter.com/i/web/status/990980209053782017

    Reply addressees: @HbdNrx @SRCHicks

    Replying to: https://twitter.com/i/web/status/990979430792253440

    IN REPLY TO:

    Unknown author

    @HbdNrx @SRCHicks 1) The USA proposed a ‘Third Way’ (meritocracy), but that “third way” is very hard for the underclasses, who want to restore the old. Fiat money, Scale, Wealth from selling off a conquered continent, inheritance of the british empire and german science, created windfalls …

    Original post: https://x.com/i/web/status/990979430792253440

    IN REPLY TO:

    @curtdoolittle

    @HbdNrx @SRCHicks 1) The USA proposed a ‘Third Way’ (meritocracy), but that “third way” is very hard for the underclasses, who want to restore the old. Fiat money, Scale, Wealth from selling off a conquered continent, inheritance of the british empire and german science, created windfalls …

    Original post: https://x.com/i/web/status/990979430792253440

  • photos_and_videos/TimelinePhotos_43196237263/31542656_10156321367267264_29375165

    photos_and_videos/TimelinePhotos_43196237263/31542656_10156321367267264_2937516571129544704_n_10156321367252264.jpg THE KONDRATIEV CYCLE

    https://en.wikipedia.org/wiki/Kondratiev_waveVik LiI recall seeing this in 2004…Apr 29, 2018 10:00pmSteven KolpekIs this just long-form Keynesian economics?Apr 29, 2018 10:07pmBob MoranLooks like it can be linked to the Elliot wave principle. Thoughts on this one? From mostly correct to total BS?Apr 29, 2018 11:03pmTHE KONDRATIEV CYCLE

    https://en.wikipedia.org/wiki/Kondratiev_wave

    Source date (UTC): 2018-04-29 21:22:00 UTC