Posted on 09/11/2021 12:46:56 PM PDT by Oatka
I agree. “But for a few good men...” and all.
I think this is a struggle decent thinking people wrestle
with.
It’s and issue I’ve contemplated.
“I’ll be fine. I own Bitcoin!”
The same of my econ degree. A school of 3000. Three econ profs. Senior majors used to meet with 2 of the profs for beer,sandwiches and pool of Friday afternoons. It was a wonderful teacher/student relationship!
Therein lies the problem.
I’m sorry, but no. The least educated among us DO NOT KNOW THAT. They would,d much rather sit in front of the boob tube each night. Although I’m sure they might notice the increasing prices of everything.
The Uni party dollar in 1960 would buy you a basic burger just about anywhere for 20 cents. Today, McDonald’s basic/cheapest burger is $1.59. That’s 7 times more Uni Party money to buy the same damn thing.
A basic loaf of Buttercrust white bread at HEB today is $2.08. In Uni Party money that’s 8 plus times more than 1960.
Fast food french fries in 1960 were typically 10 cents. A small bag today at McDonald’s is $1.39. That’s 13 times more Uni Party money to buy the same thing.
A gallon of milk in 1960 was typically 1 dollar. Today, HEB wants $3.07. That’s 3 times more Uni Party dollars.
Our 535 person Congress has done more damage to this country than all the wars combined. Poor people are impacted the most. A Republic is not a panacea for governance of a nation.
That’s why I called them “Keystone Keynesians” … as in Keystone Cops.
Keystone Keynesians represent the fundamental failure of Keynes and why his ideas should be simply rejected. It all comes down to his not understanding human nature and what would inevitably be what people would learn from him … that is a ready excuse to spend. He utterly failed to see they would not learn to not-spend … there would never be counter cyclic spending but only more spending.
Even when Nixon infamously said that we were all Keynesians now, referring to his fellow idiots in career politics and not just most idiot Keynesian economists, I would say the teeny tiny window of time where Keynesians were replaced by Keystone Keynesians was already past, and it certainly was long past when Democrat House leaders, fearful that Reagan would even try to cut spending, changed their budgeting rules to “base line budgeting” that assumed across the board spending increases.
Of course even those would be better than the spending as a form of self-stimulation and virtue signaling loons that I previously described as engaged in economic masturbation, folks who would horrify the sex fiend in the novel Dr Sax.
I recommend prepping, folks. We should prepare regardless.
Yours didn't bother me - I got a kick out of it as an example of just another "insightful" post by our resident under-the-bridge troll, who has never posted anything of value on this board.
Did you ever try to read Keynes’ Theory of Money etc? It is unreadable. The writing is incoherent. His conclusions are unsupported by his arguments, sometimes unrelated to his arguments. His sentences sometimes are very long and incomplete, all as if he were stoned when he put pen to paper or fingers to typewriter. The only way one can accept Keynes from that book is to read either the assertions at the tops of paragraphs or the conclusions at the ends of paragraphs, not both and the middles are ungrammatical and ambiguous. I have seen more than a couple of speculations that the book was satire but politicians liked the “conclusions” so Lord Maynard ran with it.
Meanwhile, large and important segments of the Chinese economy are not only going but actually are bankrupt
The chip industry has failed. Large sections of the real estate markets have failed or on the very edge of failure.
America is nowhere near those realities. The problem we have is too many people to get off their asses and go to work
The “experts” say hoarding is terrible.
Always do exactly the opposite of what the “experts” say—if it is non-perishable, get more of it—and then get more of it again....
I am way ahead of you.
Too late. $30 trillion is unrepayable.
The person who said this astonishing statement "...We absolutely cannot go bankrupt because we have the power to create as much money as we need to spend to serve the American people..." is not some run of the mill citizen who doesn't know what an interest rate is. The person who said this is:
CHAIRMAN of the Budget Committee Rep. John Yarmuth (D-KY)
Bears repeating.
If we wanted to find one statement from one person that would illustrate how Leftists should never be allowed to place their rat-claws on the levers of power, and secondly, just how deep is the s**t we find ourself in as a nation, we only need that one person and that one statement to make the point.
OF COURSE he meant present day but he coated it in sci-fi.🤔
This.🤔
Agreed...
Dumb de dumb dumb.
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