Theme: Incentives

  • it’s war over iran developing a bourse and a reserve currency that would displac

    it’s war over iran developing a bourse and a reserve currency that would displace the dollar and everyone knows that, yes. China can’t do it, Russia can’t do it (but should) but iran could.


    Source date (UTC): 2019-05-16 16:08:07 UTC

    Original post: https://twitter.com/i/web/status/1129055939355643905

    Reply addressees: @cbysmth

    Replying to: https://twitter.com/i/web/status/1129039928111837194


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    Original post: https://twitter.com/i/web/status/1129039928111837194

  • UNDERSTAND: WAR IS THE MOST PROFITABLE INDUSTRY War over oil is the most profita

    UNDERSTAND: WAR IS THE MOST PROFITABLE INDUSTRY
    War over oil is the most profitable business in the world – unless you haven’t been paying close attention. Or any attention …. Just like war over trade routes was the most profitable business in the war before it. … Just like war over arable land was the most profitable business in the world before it. Just like war over hunting grounds and females was the most profitable business in the world before that. … War is profitable. It has always been profitable. Trade is not more profitable than war – trade is a DIVIDEND of successful warfare.


    Source date (UTC): 2019-05-16 13:12:59 UTC

    Original post: https://gab.com/curtd/posts/10642757957199841

  • China does NOT have the ability to wait us out. Which any geostrategist or inter

    China does NOT have the ability to wait us out. Which any geostrategist or international balance of trade economists will happily explain to you. We could easily absorb 1T dumped on the market, but china can’t survive their coming correction without it in reserve. They know it.


    Source date (UTC): 2019-05-14 22:51:39 UTC

    Original post: https://twitter.com/i/web/status/1128432715785752588

    Reply addressees: @amvetsupport @realDonaldTrump

    Replying to: https://twitter.com/i/web/status/1128332071330467840


    IN REPLY TO:

    @amvetsupport

    @realDonaldTrump Dear God, you are an idiot. You think China does not have the resources to wait you out. You are a dot on the second hand of time. China plays the long game. You think you are hurting them. They own a trillion of our debt. How much of theirs do we own? Oh yeah, none. Fool

    Original post: https://twitter.com/i/web/status/1128332071330467840

  • This presumes that you mean capital rather than the financial sector – which the

    This presumes that you mean capital rather than the financial sector – which the people are perfectly happy to put to the boot.


    Source date (UTC): 2019-05-14 15:31:19 UTC

    Original post: https://gab.com/curtd/posts/10626307957026663

    Replying to: https://gab.com/curtd/posts/10626303457026616


    IN REPLY TO:

    @curtd

    THE PEOPLE AND THE FINANCIAL SECTOR: THE DIFFERENCE BETWEEN CASH FLOW AND “DEBT AS CAPITAL” —I was thinking about precisely this problem this morning. If capital is aligned with the left, then the only way for the middle to win is to take military action against capital. That is asking people who have jobs and houses and trucks and wives and kids to basically go out and knock out the pillars of the system, thereby ending their ability finance said jobs and houses and trucks and wives and kids. This is actually the point the Yellow Vest movement is at right now. The middle is out there walking the streets every Saturday. But so what? They don’t want to blow up the means of production because that is what feeds them. So capital + the left waits them out. Successfully. The middle is dependent on capital to support itself, can capital undermines the middle via its alliance with the left. Every single time.— Michael Is this true? If they had nationalized the banks in 08, wiped out all the investors, and imprisoned the management, and installed new management …. the employees would have done their jobs at the financial institutions. But the management would have been gutted, and the investors too, and the capital in the banks liquidated and replaced from capital from the treasury. The only reason this didn’t happen is that they were afraid the cash machines would stop working, and they weren’t prepared with a replacement plan. Really. That’s the only reason. Otherwise it would have happened. Iceland did it. Harder for iceland than the states.The people care about cash flow and commons they don’t care about capital in the sense you mean it because capital is always available from the treasury to replace capital lost in the financial sector. The consequences are simply redistribution of capital INTERESTS in debt from the financial to the middle and working class, just as capital INTERESTS in territory have been frequently redistributed for the same reason. Now I am not advocating this I’m just demonstrating that it’s clearly not true. The state can run anything for a while at poor returns on capital – most of the world does it – the value of the private sector is higher return on capital because the market forces continuous innovation.

    Original post: https://gab.com/curtd/posts/10626303457026616

  • THE PEOPLE AND THE FINANCIAL SECTOR: THE DIFFERENCE BETWEEN CASH FLOW AND “DEBT

    THE PEOPLE AND THE FINANCIAL SECTOR: THE DIFFERENCE BETWEEN CASH FLOW AND “DEBT AS CAPITAL”
    —I was thinking about precisely this problem this morning. If capital is aligned with the left, then the only way for the middle to win is to take military action against capital. That is asking people who have jobs and houses and trucks and wives and kids to basically go out and knock out the pillars of the system, thereby ending their ability finance said jobs and houses and trucks and wives and kids.
    This is actually the point the Yellow Vest movement is at right now. The middle is out there walking the streets every Saturday. But so what? They don’t want to blow up the means of production because that is what feeds them. So capital + the left waits them out. Successfully.
    The middle is dependent on capital to support itself, can capital undermines the middle via its alliance with the left. Every single time.— Michael  
    Is this true? If they had nationalized the banks in 08, wiped out all the investors, and imprisoned the management, and installed new management …. the employees would have done their jobs at the financial institutions. But the management would have been gutted, and the investors too, and the capital in the banks liquidated and replaced from capital from the treasury. The only reason this didn’t happen is that they were afraid the cash machines would stop working, and they weren’t prepared with a replacement plan. Really. That’s the only reason. Otherwise it would have happened. Iceland did it. Harder for iceland than the states.The people care about cash flow and commons they don’t care about capital in the sense you mean it because capital is always available from the treasury to replace capital lost in the financial sector. The consequences are simply redistribution of capital INTERESTS in debt from the financial to the middle and working class, just as capital INTERESTS in territory have been frequently redistributed for the same reason. 
    Now I am not advocating this I’m just demonstrating that it’s clearly not true. The state can run anything for a while at poor returns on capital – most of the world does it – the value of the private sector is higher return on capital because the market forces continuous innovation.


    Source date (UTC): 2019-05-14 15:30:34 UTC

    Original post: https://gab.com/curtd/posts/10626303457026616

  • BUILDING NUMBERS SUFFICIENT TO WIN —The question is how are we going to build

    BUILDING NUMBERS SUFFICIENT TO WIN
    —The question is how are we going to build an alliance capable of actually winning?—
    0) acknowledging the groups and their incentives – and that their frames are not alterable.1) producing material incentives (policy) that cross frames and even boundaries (gain the middle)2) varying anything necessary above to obtain power.3) seizing a window of opportunity that crosses boundaries.4) being the only people left standing with a solution that crosses boundaries.
    One does not, if one is a general of any merit, attempt to produce a given outcome, only to produce any outcome among the set of possible and probabilistic outcomes.
    One does not propose that which generates resistance by the people, only the state.
    Napoleon was a genius because he prepared like hell to seize opportunity. Everyone else of merit other than sun tsu has used technology, or resources, or both. He took an unregulated peasantry and muskets and mobilized an entire country to seize continuous opportunities in a world where battle had turned into a traditional dance.
    Mao was a genius because he played country against city, by seizing opportunity because of divisiveness between city and rural.
    Lenin(stalin) was an opportunist that could play the rural against the urban, and the jewish against the russian. If the jews can destroy the russian empire….
    The Irish won as the afghans did: hit and run until moral legitimacy was lost.
    Hitler(Mussolini),was only possible because of timing. This isn’t possible any longer (secular theology). 
    The french revolution was only possible because france was the most backward government in europe.
    The military rotation back tot he top is pretty simple to accomplish because they share the incentives of the common people from which they come.
    The common man today is being conquered and he knows it. Mao and the irish are the examples. It costs nothing to bring an empire to its knees if in doing so the empire loses its legitimacy.
    So the only problem here is material incentives that people prefer over the current state, sufficient enough to end their resistance, not necessarily obtain their consent or participation.


    Source date (UTC): 2019-05-14 15:29:04 UTC

    Original post: https://gab.com/curtd/posts/10626294457026504

  • Bob. Most people missing the point. Significant population is “bankless” and pay

    Bob. Most people missing the point. Significant population is “bankless” and paying fees to cash checks – and they live in the cash economy. Grocery stores fill some roles like Govt checks. Re-banking post offices cheaply serves this population. Providing “Banker of Last Resort”.


    Source date (UTC): 2019-05-12 11:39:15 UTC

    Original post: https://twitter.com/i/web/status/1127538725020405760

    Reply addressees: @BobMurphyEcon

    Replying to: https://twitter.com/i/web/status/1127249265359822850


    IN REPLY TO:

    @BobMurphyEcon

    I can’t imagine feeling so strongly either way about a Post Office policy that I used the word “must.” https://t.co/u7jmUJTj5m

    Original post: https://twitter.com/i/web/status/1127249265359822850

  • Credit card companies charge people who pay for people who don’t. Government tax

    Credit card companies charge people who pay for people who don’t. Government taxes producers to pay people who don’t. Soldiers fight and die for people who don’t. Hospitals profit from the wealthy to provide care to for those they lose money serving.


    Source date (UTC): 2019-05-11 23:07:10 UTC

    Original post: https://twitter.com/i/web/status/1127349455928406022

    Reply addressees: @karlbykarlsmith

    Replying to: https://twitter.com/i/web/status/1127066396360364032


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    Original post: https://twitter.com/i/web/status/1127066396360364032

  • “One of the main malincentives that cause the elites to “hate white people” or t

    —“One of the main malincentives that cause the elites to “hate white people” or the middle class in general, the better we are – the less authority they have – the less opportunity for them to free ride.”— Alain Dwight


    Source date (UTC): 2019-05-11 11:48:36 UTC

    Original post: https://twitter.com/i/web/status/1127178692461903872

  • AMERICAN MIDDLE CLASS FIRST MEANS AMERICAN MIDDLE CLASS FIRST —-“THEY BROKE TH

    AMERICAN MIDDLE CLASS FIRST MEANS AMERICAN MIDDLE CLASS FIRST

    —-“THEY BROKE THE DEAL’ Donald Trump wiped nearly $1.5 TRILLION off global markets in a single tweet after threatening to double China trade tariffs”—-

    Speculated gain isn’t loss.


    Source date (UTC): 2019-05-09 16:24:14 UTC

    Original post: https://twitter.com/i/web/status/1126523282478522368