Deficit spending on infrastructure that produces returns, and is somehow quantifiable, doesn’t seem to be a problem. I don’t see a problem borrowing against the future for the purposes of production (capital increases). In fact, history is very optimistic about both research investment, infrastructure investment, export market investment, and trade route investment (including conquest). It’s just very pessimistic about funding rents, subsidies, and vote-bribes. OTOH, Destruction of intergenerational lending, is informationally destructive. Distortion of the interest rate is informationally destructive. Flooding the economy with money is informationally destructive. And cumulatively that destruction appears to be more than even the combination of innovation and productivity can compensate for, even in a period of gold rush created by the technology booms. I mean, if it isn’t working from 1990 to the present, it’s not going to work in more common periods. Interest is necessary for the purposes of measurement, and to make use of information by those with demonstrated ability to make judgements. I don’t understand why we pay interest on borrowing from ourselves (the treasury). I don’t understand why we care about our status as a reserve currency except as a means of financing the military empire. And I no longer see much advantage to the preservation of the empire (power projection), only our defense of territory and trade. In fact, the empire has dominated our domestic policy for a century now. Lets take it further: I would see no problem in distributing liquidity (dilution of the money supply) if distributed annually or quarterly to consumers on debit cards – other than the moral hazard it would create. This causes industry to fight for consumer dollars, and gives consumers the option to consume or reduce debt. Right now the distortion by financialization (gambling) rather than capitalization is so …. vast … no one has any idea how to measure it. Other than we can see that ‘something isn’t right here’ and we cant find a target that will correct whatever is wrong. (productivity). Targets are pretty simple really: how many hours to the 66% of people on either side of the median have to work to pay for all non-signal private goods? As far as I know, all interest on consumption of non-signal private goods is money lost from the treasury and capital-producing industry. And that looks like trillions to me.
Theme: Productivity
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More “What’s Wrong With the Keynesian World?”
Deficit spending on infrastructure that produces returns, and is somehow quantifiable, doesn’t seem to be a problem. I don’t see a problem borrowing against the future for the purposes of production (capital increases). In fact, history is very optimistic about both research investment, infrastructure investment, export market investment, and trade route investment (including conquest). It’s just very pessimistic about funding rents, subsidies, and vote-bribes. OTOH, Destruction of intergenerational lending, is informationally destructive. Distortion of the interest rate is informationally destructive. Flooding the economy with money is informationally destructive. And cumulatively that destruction appears to be more than even the combination of innovation and productivity can compensate for, even in a period of gold rush created by the technology booms. I mean, if it isn’t working from 1990 to the present, it’s not going to work in more common periods. Interest is necessary for the purposes of measurement, and to make use of information by those with demonstrated ability to make judgements. I don’t understand why we pay interest on borrowing from ourselves (the treasury). I don’t understand why we care about our status as a reserve currency except as a means of financing the military empire. And I no longer see much advantage to the preservation of the empire (power projection), only our defense of territory and trade. In fact, the empire has dominated our domestic policy for a century now. Lets take it further: I would see no problem in distributing liquidity (dilution of the money supply) if distributed annually or quarterly to consumers on debit cards – other than the moral hazard it would create. This causes industry to fight for consumer dollars, and gives consumers the option to consume or reduce debt. Right now the distortion by financialization (gambling) rather than capitalization is so …. vast … no one has any idea how to measure it. Other than we can see that ‘something isn’t right here’ and we cant find a target that will correct whatever is wrong. (productivity). Targets are pretty simple really: how many hours to the 66% of people on either side of the median have to work to pay for all non-signal private goods? As far as I know, all interest on consumption of non-signal private goods is money lost from the treasury and capital-producing industry. And that looks like trillions to me.
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Noah J Revoy Ruthless selfishness is not an advantage to a group. In-group prefe
Noah J RevoyRuthless selfishness is not an advantage to a group. In-group preference however is. Whites are still by far the strongest race as judged by what we produce (inventions, culture, GDP), we are still histories best warriors and we can easily take over the whole world if we wanted to. The problem is that we have lost our will to power. Generation X is however a return to our roots. They are pissed off that the Baby Boomers squandered the sacrifices of our ancestors and they are willing to take back our birth right. Whites have hit bottom and we are now starting to turn it around.
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Noah J Revoy Ruthless selfishness is not an advantage to a group. In-group prefe
Noah J RevoyRuthless selfishness is not an advantage to a group. In-group preference however is. Whites are still by far the strongest race as judged by what we produce (inventions, culture, GDP), we are still histories best warriors and we can easily take over the whole world if we wanted to. The problem is that we have lost our will to power. Generation X is however a return to our roots. They are pissed off that the Baby Boomers squandered the sacrifices of our ancestors and they are willing to take back our birth right. Whites have hit bottom and we are now starting to turn it around.
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Did it occur to you that the voluntary organization of production we call capita
Did it occur to you that the voluntary organization of production we call capitalism is, like farming, dependent upon the % who can produce?
Source date (UTC): 2017-05-02 19:57:07 UTC
Original post: https://twitter.com/i/web/status/859496999007158275
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Pursuit of Prosperity vs Natural Law Results in Neither.
WORSHIP OF THE LAW VERSUS THE COMMERCIAL; FULL ACCOUNTING VIA POSITIVA, VIA NEGATIVA. Let me help you: by worship of the commercial we violate natural law and consume our previously accumulated capital. By the worship of natural law we cannot exist by other than the commercial but we are limited in that we cannot consume our previously accumulated capital. Worshipping the commercial is to love the consequence that kills you, rather than the cause that transcends you. Natural Law of Reciprocity creates wealth. It’s the property that results from reciprocity that causes the common law of torts.
The grammar of experiences, the grammar of intentions, the grammar of goods, and the grammar of morality, are all via positiva. The grammar of causality requires the grammar of operations. The adage that property is the result of the law of torts is only a half truth. Property results from reciprocity, results from the preservation of the incentive to cooperate, which results from the suppression of parasitism that violates cooperation – in all its forms. Half truths are deadly. If you cannot describe via negativa as well as via positiva you are failing to construct a full accounting and creating a moral hazard, and as such you are a danger to us all. -
Pursuit of Prosperity vs Natural Law Results in Neither.
WORSHIP OF THE LAW VERSUS THE COMMERCIAL; FULL ACCOUNTING VIA POSITIVA, VIA NEGATIVA. Let me help you: by worship of the commercial we violate natural law and consume our previously accumulated capital. By the worship of natural law we cannot exist by other than the commercial but we are limited in that we cannot consume our previously accumulated capital. Worshipping the commercial is to love the consequence that kills you, rather than the cause that transcends you. Natural Law of Reciprocity creates wealth. It’s the property that results from reciprocity that causes the common law of torts.
The grammar of experiences, the grammar of intentions, the grammar of goods, and the grammar of morality, are all via positiva. The grammar of causality requires the grammar of operations. The adage that property is the result of the law of torts is only a half truth. Property results from reciprocity, results from the preservation of the incentive to cooperate, which results from the suppression of parasitism that violates cooperation – in all its forms. Half truths are deadly. If you cannot describe via negativa as well as via positiva you are failing to construct a full accounting and creating a moral hazard, and as such you are a danger to us all. -
The Challenge of Monogamy and Prosperity: Dysgenia.
THE PROBLEM OF MONOGAMY AND PROSPERITY Unless women can reproduce with the best genes and obtain support from the rest of the genes in exchange for sex, then they will always be a dysgenic influence on mankind. Why? Their offspring are costly and they are capable of any self delusion possible in order to carry on the pretense that their poor choice of father has not resulted in an individual that is a dead parasitic weight on civilization. Monogamy keeps men from violence but forces dysgenia. Do you get it? Addition by John DowThe world is hierarchical and women have not been physiologically able to directly compete in hierarchies and have therefore not being continuously evolving to maintain competitiveness in hierarchies for a long time. Women merely compete with each other to mate with men as far up hierachies as possible. Hierachies naturally reward dominant personalities, therefore the more alpha the male, the more dominant his personality. Dominant women are therefore less efficient to cooperate with in mating than submissive women for alpha males as they seek dominance, and without female submission this forces both parties to pay the price of conflict to resolve disputes. Thus, selection will reward female submission to roughly the same proportion it rewards male dominance. As women seek dominance, and hierachies distribute power in pyramid (pareto) form, women will concentrate at the top of the distribution (where they will be subject to the most marginal dominance) and polygamy will occur by default, unless Men redistribute them. Therefore, monogamy is enforced by the upper class men only to recieve some marginal social benefit in reciprocity from the lower and middle class men (from which they receive peace), their upper class female partners (from which they receive greater psychological bonding and therefore loyalty) and each other (from which they mutually insure each other against “cheating” so they don’t risk being outcompeted by each other in quantity of offspring, to instead focus their competition on the quality of offspring, which is not eugenic to society at large, but highly eugenic to the upper class itself).
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“What do you think about Peron?”— His economic plan was a catastrophe that cre
—“What do you think about Peron?”—
His economic plan was a catastrophe that created subsidy for consumption without corresponding development of production, and led to disaster. He was a failure. He purged the left for a time. But he failed.
Argentinians need a monarchy, rule of law, a visciously prosecutorial and highly intolerant judiciary, the end of socialism, and an end to low trust familialism that breeds corruption at all levels.
How can that happen? Hire germans to run the entire country because that is the only way it’s going to happen. Really.
Yes you can love him like we love FDR, and others love Hitler But they were all failures. Why? RULE OF LAW, NATURAL LAW, AND AN VISCIOUS JUDICIARY.
Source date (UTC): 2017-04-27 12:43:00 UTC
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MORE “WHAT’S WRONG WITH THE KEYNESIAN WORLD?” Deficit spending on infrastructure
MORE “WHAT’S WRONG WITH THE KEYNESIAN WORLD?”
Deficit spending on infrastructure that produces returns, and is somehow quantifiable, doesn’t seem to be a problem. I don’t see a problem borrowing against the future for the purposes of production (capital increases). In fact, history is very optimistic about both research investment, infrastructure investment, export market investment, and trade route investment (including conquest). It’s just very pessimistic about funding rents, subsidies, and vote-bribes.
OTOH, Destruction of intergenerational lending, is informationally destructive. Distortion of the interest rate is informationally destructive. Flooding the economy with money is informationally destructive. And cumulatively that destruction appears to be more than even the combination of innovation and productivity can compensate for, even in a period of gold rush created by the technology booms. I mean, if it isn’t working from 1990 to the present, it’s not going to work in more common periods.
Interest is necessary for the purposes of measurement, and to make use of information by those with demonstrated ability to make judgements. I don’t understand why we pay interest on borrowing from ourselves (the treasury). I don’t understand why we care about our status as a reserve currency except as a means of financing the military empire. And I no longer see much advantage to the preservation of the empire (power projection), only our defense of territory and trade. In fact, the empire has dominated our domestic policy for a century now.
Lets take it further: I would see no problem in distributing liquidity (dilution of the money supply) if distributed annually or quarterly to consumers on debit cards – other than the moral hazard it would create. This causes industry to fight for consumer dollars, and gives consumers the option to consume or reduce debt. Right now the distortion by financialization (gambling) rather than capitalization is so …. vast … no one has any idea how to measure it. Other than we can see that ‘something isn’t right here’ and we cant find a target that will correct whatever is wrong. (productivity).
Targets are pretty simple really: how many hours to the 66% of people on either side of the median have to work to pay for all non-signal private goods?
As far as I know, all interest on consumption of non-signal private goods is money lost from the treasury and capital-producing industry. And that looks like trillions to me.
Source date (UTC): 2017-04-26 10:31:00 UTC