Curt Doolittle

Theme: Incentives

  • Curt Doolittle updated his status. I don’t have antipathy toward interest. I hav

    Curt Doolittle updated his status.

    I don’t have antipathy toward interest. I have an antipathy toward rents. And if we are borrowing from the treasury and paying interest that’s just rents.

    Banks, in the era of fiat money function only as insurers of borrowing from the treasury, with interest as fee for insuring one another’s borrowings from the treasury.

    But since in practice there is nearly zero risk and liability, that interest is not earned. Ergo if we are converting capital from future to present there is no CHOICE of investment wherein the private holder of an asset is paying an opportunity cost.

    Source date (UTC): 2018-07-10 13:33:43 UTC

  • I don’t have antipathy toward interest. I have an antipathy toward rents. And if

    I don’t have antipathy toward interest. I have an antipathy toward rents. And if we are borrowing from the treasury and paying interest that’s just rents.

    Banks, in the era of fiat money function only as insurers of borrowing from the treasury, with interest as fee for insuring one another’s borrowings from the treasury.

    But since in practice there is nearly zero risk and liability, that interest is not earned. Ergo if we are converting capital from future to present there is no CHOICE of investment wherein the private holder of an asset is paying an opportunity cost.

    Source date (UTC): 2018-07-10 09:33:00 UTC

  • “Henry Ford wanted essentially one perfect car, free of lies (technical imperfec

    —“Henry Ford wanted essentially one perfect car, free of lies (technical imperfection is a form of lie), and sold on a perfectly honest conditions – i.e. the buyer has to be debt-free (and prove it) and no Ford had to be sold on interest, ever. These principles actually hurt Ford company financially, as other companies that produced technically imperfect, but beautiful and comfortable (deceptive) cars and sold them on interest to the debt-ridden population of the world (dishonestly) made quick gains in the 1930s. But Ford did not budge until he was convinced by Roosevelt that the whole US state needs to move forward, and it depends on Henry Ford being flexible about his moral stance. Being rather moderate Episcopalian, not a staunch Calvinist, Ford found a way to compromise.”— Igor Rogov

    (The Episcopalian Calvinist Protestant (Western) ethic.)

    Source date (UTC): 2018-07-10 08:46:00 UTC

  • withdrawl of troops does not however. and distance is what it is. no more free r

    withdrawl of troops does not however. and distance is what it is. no more free rides on americans

    Source date (UTC): 2018-07-10 00:50:18 UTC

    Original post: https://twitter.com/i/web/status/1016484723739283456

    Reply addressees: @BabiesFree @DanielBShapiro

    Replying to: https://twitter.com/i/web/status/1016479259970318336

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    Original post: https://twitter.com/i/web/status/1016479259970318336

  • I don’t care what you can make excuses for. People make excuses for everything.

    I don’t care what you can make excuses for. People make excuses for everything. And you can make excuses to justify you addiction to a malinvestment (suite of lies). But you cannot testify to it. As such I presume you are lying.

    Source date (UTC): 2018-07-09 18:16:51 UTC

    Original post: https://twitter.com/i/web/status/1016385710012715009

    Reply addressees: @Hispanogoyim @IberianSoldier

    Replying to: https://twitter.com/i/web/status/1016295136731586561

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    Original post: https://twitter.com/i/web/status/1016295136731586561

  • Curt Doolittle updated his status. ENDORSEMENT: As an economist (not as a libert

    Curt Doolittle updated his status.

    ENDORSEMENT:

    As an economist (not as a libertarian or conservative) I am endorsing Bob Stefanowski for Governor of Connecticut.

    I don’t usually get involved with ‘domestic disputes’ but this man is rock solid and his plan will rescue the state from collapse both demographic, economic, legal, and financial.

    Connecticut, Massachusetts, and California are the three states where the left intellectuals (Yale, Harvard, Berkeley) were able to assert the greatest influence on policy due to the density of working class labor in the east, and the immigration wealth generated by the settlement and expansion of California.

    California has such immigration demand due to the desirability of pacific coastal living, theincrease in asian port activity, and the movement of the tech sector from Boston to San Francisco.

    Mass has partly corrected because the loss of the tech sector forced them to reorganize slowly since 1986.

    Connecticut has not corrected for reasons that include extraordinary tax income from NYC revenues, but CT residency, and the continuous flight of industry from the state. (And the rather high minded puritanical virtue-cycle self-delusional character of new englanders ).

    Connecticut has driven out anyone who can afford to leave. it has one asset and many liabilities. The asset is the territory itself which is an extremely desirable bit of greenery and rolling hills that make residential life … idyllic. The liability is that it’s populated with sh_t-holes from Springfield MA, south to Windsor, Bloomfield, Hartford, East Hartford, Manchester, Willimantic, Norwich, Newington, New Britain, Bristol, Waterbury, Wallingford, North Haven, Hamden, New Haven, Milford and Bridgeport.

    Basically everything within five miles of the north-south corridor is a sh_t-hole. Every small town on the other hand is a remnant of ‘little england’ and it’s migration to ‘new england’.

    This cannot be fixed without either radical exit of the working and underclasses (unlikely), or radical entry of SCIENTIFIC higher education (my idea), and radical attraction of wealthy settlers (coasts), and radical attraction of business.

    This Candidate may or may not succeed. But he is the real deal when it comes to finance, economics, and taxes.

    Source date (UTC): 2018-07-09 16:33:05 UTC

  • it is a competitive advantage but few groups can use it, because it requires sup

    it is a competitive advantage but few groups can use it, because it requires superiority. just like market meritocracy.

    Source date (UTC): 2018-07-09 02:33:12 UTC

    Original post: https://twitter.com/i/web/status/1016148232353779712

    Reply addressees: @Alrenous

    Replying to: https://twitter.com/i/web/status/1016115258446868480

    IN REPLY TO:

    @Alrenous

    @curtdoolittle Believing the truth is required to win. Actually saying the truth is counterproductive except in one historical period.

    Original post: https://twitter.com/i/web/status/1016115258446868480

  • Curt Doolittle updated his status. YOU CAN”T SAVE A RESOURCE, ONLY END COMPETITI

    Curt Doolittle updated his status.

    YOU CAN”T SAVE A RESOURCE, ONLY END COMPETITIVE DEMAND FOR IT

    Broke: using fossil fuels because it’s cheaper than solar

    Woke: using solar because you want to be grid-independent when SHTF and to conserve fossil fuels for intergalactic travel

    Disappointed: when you realize that by not using fossil fuels you are just making it cheaper for your dysgenic competitors to do so, and outbreed you.

    (via steve pender)

    Source date (UTC): 2018-07-07 16:06:22 UTC

  • YOU CAN”T SAVE A RESOURCE, ONLY END COMPETITIVE DEMAND FOR IT Broke: using fossi

    YOU CAN”T SAVE A RESOURCE, ONLY END COMPETITIVE DEMAND FOR IT

    Broke: using fossil fuels because it’s cheaper than solar

    Woke: using solar because you want to be grid-independent when SHTF and to conserve fossil fuels for intergalactic travel

    Disappointed: when you realize that by not using fossil fuels you are just making it cheaper for your dysgenic competitors to do so, and outbreed you.

    (via steve pender)

    Source date (UTC): 2018-07-07 12:06:00 UTC

  • Curt Doolittle updated his status. (re: “sex tourist criticism”) um. I went to U

    Curt Doolittle updated his status.

    (re: “sex tourist criticism”)

    um. I went to Ukraine because the same software developer costs 200k I Seattle fully loaded and 45k(now) in Kiev fully loaded. That meant I could develop our product out of pocket – or so I thought. The fact that I appreciate just about everything – particularly the people, and of the people, particularly the women, is simply a benefit.

    Demonstrate your weakness and envy elsewhere pls. Biz iz biz.

    Source date (UTC): 2018-07-06 13:22:36 UTC