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  • CaptUSA's Avatar
    Today, 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?
    0 replies | 0 view(s)
  • CaptUSA's Avatar
    29 replies | 289 view(s)
  • tfurrh's Avatar
    Yesterday, 06:06 PM
    So many lives saved.
    15 replies | 233 view(s)
  • CaptUSA's Avatar
    Yesterday, 10:59 AM
    Whether or not he ends up running, he will keep that speculation open as long as he's alive.
    5 replies | 211 view(s)
  • CaptUSA's Avatar
    Yesterday, 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 | 187 view(s)
  • CaptUSA's Avatar
    Yesterday, 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 | 206 view(s)
  • CaptUSA's Avatar
    Yesterday, 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.
    7 replies | 396 view(s)
  • CaptUSA's Avatar
    03-04-2021, 12:04 PM
    If this is true, that judge needs immediately removed.
    16 replies | 339 view(s)
  • osan's Avatar
    03-03-2021, 09:43 AM
    Why NOT unleash one? Turmoil is the politicians game - always has been. Do note how it's always one thing after another, how we are never left in peace now. Does anyone here think this is mere coincidence, or some new necessity of reality? My suspicions come closer toconfirmation by the day: Theye are sowing endless strife and minor chaos in pursuit of the goal of wearing us down - wearying us so that when they finally make THE move, we will no longer care. It is a combination of acclimation to insanity and wearing us out so that we no longer have in us any fight. Consider the starfish. Not particularly strong when compared with a clam, but they are able to apply their meager pressures for extended periods. They latch on to a clam and put just a small pressure upon them. The mightier clam, wel... clams up as the saying goes, and in a couple of hours is exhausted, becomes incapable of further resistance, and succumbs.
    5 replies | 536 view(s)
  • CaptUSA's Avatar
    03-03-2021, 06:31 AM
    Really?? And how do you know that? Is there a minimum effort that goes along with that? Are employees required by law to provide at least $20 of value each hour to their employer? Don't you think it's rather arrogant to think that you know better than each individual worker and employer what their value is worth to each other? And don't you think it's heartless to prevent those who are unable to provide $20 of value per hour, either through lack of skills or knowledge, the ability to at least make something while gaining those skills and knowledge?
    24 replies | 551 view(s)
  • CaptUSA's Avatar
    03-03-2021, 06:21 AM
    Here's a breakdown by state: https://www.aarp.org/health/healthy-living/info-2020/states-mask-mandates-coronavirus.html Looks like Alabama's is set to expire this week - will Kay Ivey (R) extend it? Arkansas expires at the end of the month... Asa Hutchinson (R)?? Indiana expires at the end of the month - Gov Holcomb (R)?? Iowa quietly dropped their mandate on Feb 7th Montana's order expired on Feb 12th NH is set to expire this month - Sununu (R)??? ND expired Jan 18th Utah is set to expire on March 25th - Gov Cox (R)?
    18 replies | 470 view(s)
  • CaptUSA's Avatar
    03-03-2021, 05:57 AM
    Think about how irrational that is. Should Captain Hook be removed from Peter Pan because it portrays handicapped people as evil? Hannibal Lecter was a middle-aged white guy - shall we consider it a commentary that middle-aged white guys are cannibals?? Emperor Palpatine was a decrepit old politician - does that mean all decrepit old politicians are the embodiment of the dark side?? Eh, maybe that last one is a bad example. The point is that "characters" by their very definition are distinctive to an individual.
    52 replies | 1348 view(s)
  • CaptUSA's Avatar
    03-02-2021, 07:32 PM
    Let’s hope. I doubt it’ll happen, but I’d love to see those blue states take their punishment. Watch all the jobs go to states that are open. Watch the cowering weenies cry in their basements.
    18 replies | 470 view(s)
  • CaptUSA's Avatar
    03-02-2021, 07:23 PM
    Let’s hope this gives some balls to others. We really need to get this thing to snowball. (Sorry, gov)
    18 replies | 470 view(s)
  • CaptUSA's Avatar
    03-02-2021, 05:38 PM
    What do we want?! More money!!! What don’t we understand?! Economics!!
    24 replies | 551 view(s)
  • tfurrh's Avatar
    03-02-2021, 04:37 PM
    Almost primary season......he had to go big after snowpocalypse.
    18 replies | 470 view(s)
  • CaptUSA's Avatar
    03-02-2021, 12:16 PM
    Nevermind that! Did you hear he spoke badly to a few women?! Killing thousands and covering it up is one thing, but hurting feelings is unforgivable.
    207 replies | 19431 view(s)
  • CaptUSA's Avatar
    03-02-2021, 12:14 PM
    Annnddd, they're gone. https://www.cnn.com/2021/03/02/us/dr-seuss-books-cease-publication-trnd/index.html Insanity. You know, kids don't see things the way these idiots do. They don't see a character in a cartoon and think that people in real life are like that character or that the character is a representation of a group of people. Kids look at these characters as individual characters. If they look, act, or talk a certain way, that's unique to the specific character. It's only racists that look at these things and say that because this specific character is portrayed badly, that it means that anyone that looks like this character is being portrayed badly. How could you get more racist?!
    52 replies | 1348 view(s)
  • CaptUSA's Avatar
    03-02-2021, 06:36 AM
    I'm sure they just got the date wrong... It's gotta be April 3rd. You know, 4/3/21.
    20 replies | 598 view(s)
  • CaptUSA's Avatar
    03-02-2021, 05:55 AM
    I'm sure there will be plenty of Baghdad Bob's in here that will believe this.
    20 replies | 598 view(s)
  • CaptUSA's Avatar
    03-01-2021, 07:27 PM
    It also shows what happens when these sites give you a merit badge for voting.
    5 replies | 133 view(s)
  • CaptUSA's Avatar
    03-01-2021, 06:51 PM
    Read the article. It’s the best piece of journalism so far this year. Just read it. Then spread it.
    7 replies | 463 view(s)
  • CaptUSA's Avatar
    03-01-2021, 02:08 PM
    Unfortunately, we'll never know what's going on because we don't have "scientists" looking at this - we have "scientific analysts" that provide confirmation data for whatever the prevailing narrative is. Are flu deaths being counted as Covid? Probably likely. Does the Covid virus prevent the flu virus from transmitting data? Could be. Do any of these preventative measures stop viruses from moving in a large population? Probably not. Is this just a coincidence? Doubtful, but it's possible. I'd like to understand this, but we will never get there under the current circumstances. People will cling to whatever answer will validate their chosen narrative. And any conflicting information will be washed away.
    6 replies | 319 view(s)
  • CaptUSA's Avatar
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  • CaptUSA's Avatar
    03-01-2021, 09:30 AM
    I'd argue that our military adventurism makes that unlikely. We have protection rackets set up all across the globe. If there were ever a serious threat to our dollar dominancy, the leaders of those countries that benefit would band together to prevent a collapse. It used to be a petrodollar, but now it's more of a protectiondollar.
    11 replies | 783 view(s)
  • CaptUSA's Avatar
    02-28-2021, 07:17 PM
    CaptUSA replied to a thread Noem at CPAC in U.S. Political News
    Really wish she would have taken my advice and stayed away from the media for awhile. Unfortunately, political ambitions trump messaging. Here's a message that everyone who leans right must understand: THESE PEOPLE ARE YOUR ENEMY. The press's job is to tear you down and turn the public against you. Don't give them the opportunity. You don't need them any longer. If they let you on air, it is your duty to use the seconds before they cut you off to ridicule them and speak directly to the people. Do NOT engage. Do NOT defend yourself. Bypass 'em.
    27 replies | 1336 view(s)
  • Ender's Avatar
    02-28-2021, 12:26 AM
    "Ooooh...I'm really scared! There's a Peck with an acorn aimed at me!" - Madmardigan- Willow
    18 replies | 585 view(s)
  • Ender's Avatar
    02-28-2021, 12:21 AM
    Getting out of the Iranian Deal, sanctioning Iran back to poverty, and assassinating their top general were all acts of war.
    999 replies | 25262 view(s)
  • CaptUSA's Avatar
    02-27-2021, 11:43 PM
    Is this their play? Get rid of him for sexual harassment so he can slide on the murdering of thousands. That party is deranged.
    19 replies | 695 view(s)
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"And now that the legislators and do-gooders have so futilely inflicted so many systems upon society, may they finally end where they should have begun: May they reject all systems, and try liberty; for liberty is an acknowledgment of faith in God and His works." - Bastiat

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My personal story (pt2)

by CaptUSA on 02-24-2016 at 09:57 AM
Among my many interests was electricity and I decided that I wanted to change how the industry operates. Understanding the free market as I did, I was pissed that the coolest discovery in the history of mankind was being regulated to death by the government. I wanted to change that.

I found a job as a part-time temporary meter reader. My girlfriend went ballistic that I was quitting a salaried job for a part-time temp job, but I had complete confidence in what I was doing. Meter

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Updated 02-26-2016 at 07:57 AM by CaptUSA

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My personal story (pt 1)

by CaptUSA on 02-24-2016 at 09:55 AM
I’ve never used this blog feature before, but since people have wondered (and asked) about my personal story, I figured it was best to do it in here rather than the forums.

It may come across as anecdotal, but I assure you that this same type free market story is working itself out all over the country and the globe. Even in the face or increasing government interference.

I was born in Western PA the third of four boys. When I was still a baby, the second child died

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Updated 02-26-2016 at 07:51 AM by CaptUSA

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