Monthly Archives: November 2015

Useful idiots

Mentally challenged people can sometimes be useful as a dull stone on which we can hone our economic definitions. For instance, one reader of Rodger’s blog claimed that there has been no austerity in the USA, Japan, or Europe. Perhaps this person thinks … Continue reading

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Side effects

Famine entails side effects such as disease and violence, which kill as many people as does starvation. Austerity is engineered famine. Its side effects include rampant theft by police officers, whose banditry is euphemistically called “civil forfeiture.” As the austerity-famine … Continue reading

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Comment on MMT

Some people can’t get with MMT because they find MMT claims to be unproven or not explained well enough. I sympathize with these people. They remind me of the old axiom, “There’s no such thing as a bad pupil; only … Continue reading

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On government spending

I have commented several times on people who falsely think that all U.S. dollars are lent into existence as bank loans, and that we therefore owe our souls to the bankers. They totally reject Rodger Mitchell’s teachings, since Rodger tends to focus … Continue reading

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We’re doomed!

“Headlines And Global News” is a blog out of New York City. HNGN: Congressional Budget Office Director Keith Hall said that over the next 10 years, “federal spending is projected to rise relative to the size of the economy because … Continue reading

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Destroyed upon receipt?

Reader “Smerls” says some aspects of MMT are simply unbelievable, because MMT people have never proven them. (However “Smerls” believes politicians who claim, for example, that Social Security is “insolvent,” even though politicians have never proven this claim. Politicians can’t provide … Continue reading

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Austerity and SRDH

Most people (not all) cope with their suffering by hating everyone who is below them in wealth, income, and social power. In turn, the people below them hate the people below them, and so on, down and down. Thus, collective … Continue reading

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