Curt Doolittle

Theme: Incentives

  • CURT: PLS DEFINE FINANCIAL PREDATIONISM —“Curt: Google returns precisely zero

    CURT: PLS DEFINE FINANCIAL PREDATIONISM

    —“Curt: Google returns precisely zero results for the term ‘financial predationism’. Can you explain it to me?”— Craig Tuohy

    The use of fiat money (shares in the economy) dollars to provide liquidity (money necessary to preserve economic velocity and adapt to shocks) through the financial system(banks and financial institutions) that charge interest (profit) on business loans (speculative) consumer purchases(non-speculative) especially home mortgages, automobiles, and durable appliances, (when we are only borrowing from ourselves), or through fiscal policy (spending on government investments) rather than directly distributing liquidity to consumers via credit/debit cards, and thereby avoiding the transaction costs (time and friction of distribution of liquidity) as well as the unearned fees (interest) on borrowing money (liquidity) from ourselves. This is the cause of financialization. Between financialization, taxation, and redistribution of reproduction to immigrants and underclasses the productive classes (labor, working, middle, and professional) are being cyclically genocided against through “Financial Predationism”.

    Source date (UTC): 2018-10-06 13:16:00 UTC

  • 3) And this “Critique” merely confirms HIcks’ proposition. It does not matter wh

    3) And this “Critique” merely confirms HIcks’ proposition. It does not matter what one intends. Only it’s correspondence and consistency with reality and (b) the incentives to produce that which is not. IOW: lost is that Reason, Empiricism, and Science are results of LAW.

    Source date (UTC): 2018-10-06 10:00:48 UTC

    Original post: https://twitter.com/i/web/status/1048513396843397120

    Reply addressees: @wild_pomeg @SpitTheBluePill @SRCHicks @jordanbpeterson

    Replying to: https://twitter.com/i/web/status/1039867239170629633

    IN REPLY TO:

    Original post on X

    Original tweet unavailable — we could not load the text of the post this reply is addressing on X. That usually means the tweet was deleted, the account is protected, or X does not expose it to the account used for archiving. The Original post link below may still open if you view it in X while signed in.

    Original post: https://twitter.com/i/web/status/1039867239170629633

  • Moral Hazard of College Education

    —“Issuing guaranteed loans that can never be discharged to the cognitively deficient, mass producing baristas with $100k degrees, has effectively created a serf class out of what could have been productive lower middle-middle class workers with apprenticeships and vocational preparation. If that’s not moral hazard I’m not sure what is.”—Joseph Smith

  • Moral Hazard of College Education

    —“Issuing guaranteed loans that can never be discharged to the cognitively deficient, mass producing baristas with $100k degrees, has effectively created a serf class out of what could have been productive lower middle-middle class workers with apprenticeships and vocational preparation. If that’s not moral hazard I’m not sure what is.”—Joseph Smith

  • (a) it isn’t desirable. (b) it masks temporarily the decline of human capital by

    (a) it isn’t desirable. (b) it masks temporarily the decline of human capital by generating consumer demand, (c) it allows us to retire on subsistence incomes, keep children out of the work force, (d) it’ redistributes reproduction to immigrants and the underclass. (e) genocide.

    Source date (UTC): 2018-10-04 02:12:41 UTC

    Original post: https://twitter.com/i/web/status/1047670813858701312

    Reply addressees: @SaltwaterGroyp1

    Replying to: https://twitter.com/i/web/status/1047667059956441088

    IN REPLY TO:

    Original post on X

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    Original post: https://twitter.com/i/web/status/1047667059956441088

  • The Plan

    People will rally around a plan that includes sufficient incentives, and sufficient detail, that they can themselves operate without relying upon desperation and luck.

    A Moral License. (you have one) A Set of Demands A Plan of transition A Means of altering the status quo And…. An Opportunity And…. it will come this year I think.

  • The Plan

    People will rally around a plan that includes sufficient incentives, and sufficient detail, that they can themselves operate without relying upon desperation and luck.

    A Moral License. (you have one) A Set of Demands A Plan of transition A Means of altering the status quo And…. An Opportunity And…. it will come this year I think.

  • Spirituality? Neural Economy at Work

    The reason you want your myth, cult, occult, is to reduce the cost of comprehending and compromising with others to obtain what’s in your genetic self interest. It’s nothing more than neural economy at work. Everyone wants a different myth, cult, and occult, other than the bottom, since it is only the bottom that has commonality – a commonality of demand for parasitism.

  • Spirituality? Neural Economy at Work

    The reason you want your myth, cult, occult, is to reduce the cost of comprehending and compromising with others to obtain what’s in your genetic self interest. It’s nothing more than neural economy at work. Everyone wants a different myth, cult, and occult, other than the bottom, since it is only the bottom that has commonality – a commonality of demand for parasitism.

  • The rothbardian argument originated in a bias to favor the concentration of savi

    The rothbardian argument originated in a bias to favor the concentration of savings for the purpose of redeployment as usury over the utility of credit. (yes, really, that’s the reason)

    Source date (UTC): 2018-09-26 16:56:10 UTC

    Original post: https://twitter.com/i/web/status/1044994047276986368