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  • CaptUSA's Avatar
    Today, 12:44 AM
    Ahh, I think I see what you're trying to say. Yes, the monetary inflation has already happened and it will be the eventual cause of the price inflation. They artificially raised M by printing and lowered V with lockdowns. But they can't keep V lowered forever with that kind of increase in M. And yes, the media will blame the price inflation on "covid hangover" or some such nonsense. But I'm wondering if the Fed will be able to use interest rates to try to slow it down? And how high will those rates have to get to do that?? They've been keeping them artificially lowered for years now. If that dam bursts, and they can't contain the price inflation with interest rates, what other tools do they have?? That scenario is the death spiral and it could happen quickly. I think they'd have to pull another world-wide freeze of some sort and the nations of the world would have to accept whatever we do. Everything is tied into the reserve currency and we still have the bombs.
    5 replies | 65 view(s)
  • CaptUSA's Avatar
    Today, 12:06 AM
    Right, we're talking about price inflation here. Not monetary inflation. I'm not sure I get your post?? And, I'm not sure I'd call this relatively static: https://fred.stlouisfed.org/series/M2V
    5 replies | 65 view(s)
  • CaptUSA's Avatar
    Yesterday, 11:34 PM
    Ah, we should have known they'd come for you! https://www.tmz.com/2021/03/06/pepe-le-pew-perpetuate-rape-culture-new-york-times-op-ed/
    0 replies | 63 view(s)
  • CaptUSA's Avatar
    Yesterday, 11:06 PM
    I'm not sure I've seen this question answered here, yet. First a brief economics lesson for the uninitiated. Economist, Irving Fisher developed a monetarist version Quantity Theory of Money which is readily used. I don't think it was meant to be a "precise" theory; it's meant to be simple but I think it generally holds. The calculation looks like this: M*V=P*T (Money supply X Velocity of money = Price level X volume of Transactions in the economy. What this shows is that when the money supply increases but the velocity stays low, you don't get price inflation. But if both money supply and velocity are high, price inflation is guaranteed. Austrians would argue that the reason you're not seeing the inflation in prices is because it's hitting certain sectors and not others. This time mainly the stock market. I believe both things are true. We know that the economists at the Fed are well versed in monetarist theory. At any rate back to the question at hand... I think we know the expected path the economy is going to take. With these trillions of new dollars printed, and the lockdowns to eventually fade (some places quicker than others), the velocity of money is going to pick up. So we're going to start seeing price inflation in the other sectors. And the government and Fed are salivating for that inflation. Who wouldn't want to pay off '20/'21 debt with cheaper '22 dollars? And it allows them to raise the interest rates to give them more levers in the future. So the question becomes, can they control the Velocity by adjusting the interest rate? Left unbridled, a "return to normal" is going to speed inflation (and if a new minimum wage law gets passed in the next 2 years, watch out!) They know an unbridled inflation rate would be distasteful to the American people, so they hope to raise it fast enough to give them their levers and debt service reductions, but slow enough to keep the people from dragging them through the street by their tongues. Preferably, the sweet spot is having the public just mad enough to ask for more increases in benefits due to the rising cost of living, but not mad enough to do that other thing. So, do you think the interest rate rises will be enough for them to maintain that sweet spot? Or will it get away from them like it did in the 70's?
    5 replies | 65 view(s)
  • CaptUSA's Avatar
    29 replies | 321 view(s)
  • DamianTV's Avatar
    Yesterday, 07:15 PM
    Content Security Policy If you are and know your stuff, even enough to get by, please PM me.
    1 replies | 50 view(s)
  • Dr.3D's Avatar
    Yesterday, 08:00 AM
    So they just created another black market.
    2 replies | 76 view(s)
  • Occam's Banana's Avatar
    22 replies | 435 view(s)
  • Occam's Banana's Avatar
    Yesterday, 07:08 AM
    Well, as far as that goes, pink unicorns that fart flower-scented rainbows are possible ... FTA (underline/bold emphasis & brackets added): IOW: The "researchers" haven't accomplished anything that science fiction authors haven't been doing since science fiction became a thing. Not that there's anything wrong with that. But it is what it is and it ain't what it ain't ...
    3 replies | 81 view(s)
  • pcosmar's Avatar
    Yesterday, 12:35 AM
    Wow..nice.. I remember a smaller one being a lot of fun,, and a good fight. but 2.5 hours of fight would be past fun and well into determination.
    5 replies | 144 view(s)
  • pcosmar's Avatar
    Yesterday, 12:27 AM
    Warp Drive Theoretical While near Light Speed is Achievable but mostly ignored. likely due to lack of weapon delivery potential.
    3 replies | 81 view(s)
  • DamianTV's Avatar
    03-05-2021, 02:22 PM
    I thought DAY OF. But that is probably just me not trusting ANYTHING our govt says.
    15 replies | 234 view(s)
  • Dr.3D's Avatar
    03-05-2021, 11:53 AM
    I'm still trying to understand the fascination with knee-caps.
    20 replies | 529 view(s)
  • DamianTV's Avatar
    03-05-2021, 11:42 AM
    Happy Lockdown Anniversary everyone! --- Moral of the story: LOCKDOWN IS PERMANENT. The greatest weapon of an Oppressor is the MIND of the Oppressed. Continuously changing the Lockdown rules causes Confusion. Confusion is what Oppressors want people to experience. Am I wrong?
    15 replies | 234 view(s)
  • DamianTV's Avatar
    03-05-2021, 11:38 AM
    While we are at it, look up Dr. Fauci vs Dr. Seuss. Personally I trust Dr Seuss more than I trust Dr.Fauci. Hell, I trust a rattlesnake wearing a "Pet Me" sign around its neck (do snakes have necks?) more than I trust Dr. Fauci.
    8 replies | 412 view(s)
  • DamianTV's Avatar
    03-05-2021, 11:37 AM
    Permanent Election Fraud? - Fake Votes can count - Illegals can vote - Your vote DOESNT COUNT Sound about right?
    22 replies | 435 view(s)
  • CaptUSA's Avatar
    03-05-2021, 10:59 AM
    Whether or not he ends up running, he will keep that speculation open as long as he's alive.
    5 replies | 223 view(s)
  • CaptUSA's Avatar
    03-05-2021, 10:57 AM
    Come on, guys... we don't need to do this. Things are bad enough without trying to exaggerate or mislead. Just makes us look dumb. He was obviously asking about the format of the meeting transitioning to the Q&A segment.
    6 replies | 191 view(s)
  • Todd's Avatar
    03-05-2021, 09:19 AM
    finally? As much as I disagree with his solutions and his left wing philosophy, the guy hasn't been wrong about much of any of the issues that cause the problems.
    20 replies | 344 view(s)
  • CaptUSA's Avatar
    03-05-2021, 08:38 AM
    Unfortunately, this is bleeding over into private schools as well. The institutions are definitely pushing it hard, but we gotta remember that these institutions are run by people. And right now, the people have lost their damned minds. Even the ones who sense something is wrong with all this are afraid to speak up for fear of being labeled as a racist. When, in fact, those pushing these types of things couldn't be more racist! This goes back to "intellectual" pursuits vs. real world concrete pursuits. We've fooled generations of people into thinking they can pursue intellectualism lazily. So you get people attracted to the fields like education, journalism, law, politics, or the arts, without the empirical academic rigor that those fields should entail. And they're safe because unlike real-world pursuits, if they produce shoddy products, they pay no price for being wrong. Whereas, if you or I mess up, your employer or customer will know pretty quickly. What's worse, is that they're ALL lazy now and don't even realize it. Something like 95% of people in those fields, not only think in a similar way, but they think they're right and you're too stupid to understand how smart they are!
    3 replies | 208 view(s)
  • CaptUSA's Avatar
    03-05-2021, 06:46 AM
    Don't forget to add that this meme has been "fact-checked" and deemed to be misleading. https://leadstories.com/hoax-alert/2021/03/fact-check-dr-seuss-enterprises-did-not-cancel-publication-of-the-cat-in-the-hat.html Never mind that this fact check is for a different meme of similar content - they still applied it to this meme. Never mind that the fact check misses the entire point of the meme. Never mind that the fact check doesn't mention that WAP was named NPR's song of the year in a flattering piece about how in spite of the bad in 2020, it gave us some really great music! Never mind that neither the pulling of Dr. Seuss books, nor the promotion of WAP was based on demand. (Those books still sell and WAP wasn't even in the top 20 songs sold or streamed in 2020) Another thing I'm seeing is that there's a perception is that this is the free market in action. A company decided to stop selling their books out of their moral concern; they weren't "forced" to stop selling them. And WAP was a hit song because people like it.
    8 replies | 412 view(s)
  • CCTelander's Avatar
    03-04-2021, 03:07 PM
    Sadly, I have no trouble at all believing that this will be borne out as truth. Welcome to the Trump legacy.
    20 replies | 529 view(s)
  • Occam's Banana's Avatar
    03-04-2021, 12:24 PM
    Damn, I hope this is true!
    16 replies | 340 view(s)
  • CaptUSA's Avatar
    03-04-2021, 12:04 PM
    If this is true, that judge needs immediately removed.
    16 replies | 340 view(s)
  • Occam's Banana's Avatar
    03-04-2021, 08:23 AM
    "It's turtles goalposts all the way down."
    183 replies | 6744 view(s)
  • Occam's Banana's Avatar
    03-04-2021, 02:46 AM
    Aufheben der Dr. Seuss https://www.youtube.com/watch?v=iPYieRhLATw The New Discourses Podcast with James Lindsay, Episode 23 Aufheben is a German word that, in Critical Theory, means to "abolish" or to "negate" in the way that Critical Theorists do. It's a somewhat complicated term in that it means both to abolish and to keep or to keep safe, and the Critical Theory taps into the so-called dialectical process to attempt to use aufheben to tear apart and, as the Marxists translated it, "sublate" whatever cultural artifact they are targeting onto a "higher" level of understanding, namely the one that empowers Critical Theorists and induces misery in everyone else. This process was widely pushed by the Critical Theorists of the Frankfurt School under a doctrine of Aufheben der Kultur ("abolishment of culture"), and it continues in the Woke movement today. One of the latest big targets of Aufheben der Kultur is Dr. Seuss and his wide body of popular children's literature. Why? Because of its success. Seuss becomes a cultural anchor point for hundreds of millions of children and adults, and by tainting Seuss, his legacy, and your own memories of him with accusations of racism and "harm," they can abolish that shared cultural anchor and make more room to advance their own agenda, in which every text is "decolonized" and geared to indoctrinate you and your children into Critical Theory, especially Critical Race Theory. Join James Lindsay in this episode of the New Discourses Podcast to dig into the Critical Dr Seuss academic literature to see where this Aufheben der Dr Seuss comes from and how it works.
    52 replies | 1352 view(s)
  • Occam's Banana's Avatar
    03-04-2021, 02:20 AM
    I was posting videos of Viva Frei's analysis of the Parler v. Amazon case in this thread, but it makes more sense to put them in the "Amazon removes hosting for Parler" thread. I've posted the most recent update (as of 03 March 2021) to that thread (here: Parler vs. Amazon "Voluntary Dismissal"? Lawyer Explains - Viva Frei Vlawg), and I will start posting any future updates there as well.
    83 replies | 4427 view(s)
  • Occam's Banana's Avatar
    03-04-2021, 02:13 AM
    I was posting Viva Frei's updates on the Parler v. Amazon case in the "Google Pulls Parler" thread, but it makes more sense to put them here. Here's the most recent news (as of 03 March 2021): Parler vs. Amazon "Voluntary Dismissal"? Lawyer Explains - Viva Frei Vlawg Parler filed a voluntary dismissal of its lawsuit against Amazon. But then refiled in State court. Here's the breakdown. https://www.youtube.com/watch?v=3o8snr4b_Gc And here are links to my posts of VF's previous analysis videos on the case:
    32 replies | 1412 view(s)
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    Hiya!
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    I saw you tried to pm me, so I cleared some space for ya. I'll be out of the office for a while, but see you in the by and by. Prolly in 2 hours or so. ~hugs~
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    Say wut? I didn't get what you wrote there.
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    I forgive you.
  6. just so you know, when a thread is started in the guest subforum (even by a member) it has to be approved before its publicly seen, so Yes I Am A Liberal is telling the truth
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    Since when is the "We got a badass over here" meme "gay"? It's been all over the interwebz for many moons and it's used by all sorts of folks. There are several samples in the various "bestest picture thread evarrr"-s.
  8. The reason I have no use for monarchies is it's complete pot luck what you get. If your generation gets a Victoria, you could be in worse shape (assuming her advisors aren't lying to her about what they're doing), but if you get an Ivan the Terrible you're screwed. I prefer a system that at least holds out hope for nonviolent revolution, whether people are generally smart enough to use it or not.

    And I'm pretty sure you meant neither Bismarck nor the kaiser.

    Chancellor von Bismarck
    President von Hindenburg
  9. Bismarck
    Hindenburg

    That help get the rust out of your history? 'Cause those who get rusty on history are liable to re-live the bad parts...
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    You're right, I should have said the Kaiser, not Bismarck. :/ (My WWI history is rather rusty...I do remember Hitler suffered from mustard gas inhalation during that war and a bunch of other factoids) Yeah, monarchs have been somewhat fascist in certain occasions, but they always had incentive not to destroy their subjects' economy or their own respective societies as presidents and prime ministers or even legislators do. (such elected officials almost always leave office very wealthy and almost never face justice for their misdeeds) Generally speaking, the best to worst scale goes- voluntary association with government>hereditary monarchy>monarchy>classical republicanism>modern constitutionalism>democracy etc.
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Quote Originally Posted by DamianTV View Post
Define Terrorist please.

According to, well, pretty much both political parties, the other party is now guilty of Terrorism.
Listening to the mainstream media is like standing under a power line when the birds are migrating.

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Partisan and Conquered

by acptulsa on 07-02-2017 at 08:46 AM
Quote Originally Posted by acptulsa View Post
So, you take a sniff, mistake an anti-Fed argument for a minimum wage argument, and jump off board? Do you think victims of inflation and the systematic destruction of manufacturing jobs should be stripped of the right to vote, but corporations should get to vote even though they are things, not people? You say government is the problem, not the corporations, but I don't see you acknowledging who or what it is that is paying the lobbyists to make the particular bribes they make.

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We Need the Police Because...

by acptulsa on 06-15-2016 at 10:08 AM
Quote Originally Posted by acptulsa View Post
Hat tip to Suzanimal for the following:

Quote Originally Posted by The Daily Mail
Did a delay in response give the gunman more time? Cops face questions over why it took three hours for SWAT teams to storm Orlando nightclub as police chief admits officers may have shot some of the VICTIMS

...Police Chief John Mina has also admitted that some of the victims may have been hit by officers' gun fire.

However he insisted it is a part of the investigation into the horrific attack.

He

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We're So Lucky to Have Such Great Choices

by acptulsa on 09-23-2012 at 10:16 AM
Quote Originally Posted by acptulsa View Post
I just can't decide who to vote for in the presidential race. They're both just so perfect! I can't believe it. Things are just going so well I never considered firing the president, but this Romney guy is just such a temptation!

Romney promises us more war. Obama promised us just the opposite, but that's ok, because he saw Dubya's two wars and raised us three police actions. I think that's a wonderful thing, and can't wait for the next one. I heard somewhere that with six you

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Intercity Passenger Rail

by acptulsa on 09-23-2012 at 10:14 AM
Quote Originally Posted by acptulsa View Post
Once upon a time, there was a thing called the Interstate Commerce Commission. It was founded to prevent kamikaze capitalism amongst railroads in a day when their efficiencies and primitive technology pretty much guaranteed them a monopoly in viable transportation.

The best thing Reagan did, in my opinion, and the one time I felt some hope for a moment that he would prove to be the libertarian he claimed to be, was when he abolished this bureau. But it was a decade too late to save

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Who are you mad at really?

by acptulsa on 06-26-2011 at 08:29 AM
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'What your daddy did to you was abuse.'

'How dare you talk that way about my daddy?!'

What has it to do with politics? Everything. Politicians piss us off, then try to misdirect our anger 'across the aisle' to people who are fundamentally exactly the same, but wear a different party label. The game is age old, but still works.

People are angry, but they are often in denial about it. They know they're angry, but they don't want to admit they're angry

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