We should start keeping tabs on how many definitions have been changed during this Jacobin Regime. So far I have: vaccine, women, and now recession. Welcome to the era of Peak Stupidity :-)
A Capitalistic Economy would never have a Central Bank. You don't need a Central Bank to have money. Central Banks create money out of thin air and are thus engines of inflation. They benefit only the cronies who get the money first. Think, Cantillion Effect, named after 18th century French banker and philosopher Richard Cantillion. Stagflation would never occur in a Capitalistic Economy. Think Frankenstein. Planning on a career Apparatchik with zero business acumen such as Jay Powell to eradicate inflation is the equivalent of planning for Hitler to convert to Judaism. Central planning always fails and this will be no exception. This is the time to lay down the Hopium pipe and begin preparing for a very prolonged cold winter. Most folks won't put down the pipe because they're Statists and their religion is Statolatry (Worship of the State). Whenever anything goes wrong they look to the State for answers and assistance. Decades of indoctrination have obscured this incredibly important fact; the American Revolution was not only the first great modern revolution, it was a Libertarian Revolution as well. Its no surprise we're circling the toilet bowl when 99% of the populace supports Fascism or Marxism. The only way out of this mess is to regain our Libertarian ideology, but I don't see this happening voluntarily. So the best course of action is to embrace and plan for the crash and burn.
Do not understand our business models, are there any? The government, not business decides we need chip plants in this country. How does that happen? They are toying with making Delphi salaried retirees whole, but at tax payers expense. How does that happen. GM was happy to take the bailout, they should pay. Who exactly is playing who?
Where's the money coming from to create from scratch these many manufacturing plants? Who will own the plants? Who gets to spend the billions being set aside to create this additional manufacturing capacity? Who will train the un and under-employed to make the sophisticated, intricate semiconductors?
I thought the money was being made available to existing manufacturers on a deferred repayment basis. I hope the government is not going to get in the business of site selection, construction management and/or hiring and training. Governments don't create wealth; they consume it
This is really a fascinating forum. I enjoy the various opinions of people of good will and unusual, not bar room, gargling. It's clear that Bonner and company don't know everything (as they repeatedly remind us). But, they provide good information, some of it to understand the big picture, some of it some of it to reify some of the noise, and some to provide best guess ways to avoid the pitfalls of a dangerous economic world. And they do this at a reasonable fee. I'm sad to see the deterioration that is frequent in most comment platforms. Disrespect of others contributes little to the road that we are all going down.
Could the prolific commenter we all know please start typing like a normal human being. Single spaces between words, and sentences is more than enough. Dot, dot, dot here - space, space, space there. All incoherently decided upon by the writer. Not to mention shouty capitals when it’s just not needed. Make your points with a little grammar. You’ll come across far more readable and less like a frothing mouth looney. I’ll guess I speak for many when I say, I currently ignore all your ravings due to the retarded structure you constantly use.
Bill and Joel, you see a comedy act for what it is,thanks.Problem is we at the bottom at the bottom of the heap, keep having to sign loan papers at the Bank to pay it back.
What dumb moron Biden is. The Democrats need to run him in 2024 for sure... with Harris of course... shoe in for a victory... my guess is that ticket would not get 5 % of the vote.
We should start keeping tabs on how many definitions have been changed during this Jacobin Regime. So far I have: vaccine, women, and now recession. Welcome to the era of Peak Stupidity :-)
A Capitalistic Economy would never have a Central Bank. You don't need a Central Bank to have money. Central Banks create money out of thin air and are thus engines of inflation. They benefit only the cronies who get the money first. Think, Cantillion Effect, named after 18th century French banker and philosopher Richard Cantillion. Stagflation would never occur in a Capitalistic Economy. Think Frankenstein. Planning on a career Apparatchik with zero business acumen such as Jay Powell to eradicate inflation is the equivalent of planning for Hitler to convert to Judaism. Central planning always fails and this will be no exception. This is the time to lay down the Hopium pipe and begin preparing for a very prolonged cold winter. Most folks won't put down the pipe because they're Statists and their religion is Statolatry (Worship of the State). Whenever anything goes wrong they look to the State for answers and assistance. Decades of indoctrination have obscured this incredibly important fact; the American Revolution was not only the first great modern revolution, it was a Libertarian Revolution as well. Its no surprise we're circling the toilet bowl when 99% of the populace supports Fascism or Marxism. The only way out of this mess is to regain our Libertarian ideology, but I don't see this happening voluntarily. So the best course of action is to embrace and plan for the crash and burn.
Do not understand our business models, are there any? The government, not business decides we need chip plants in this country. How does that happen? They are toying with making Delphi salaried retirees whole, but at tax payers expense. How does that happen. GM was happy to take the bailout, they should pay. Who exactly is playing who?
Bet Jaypo wishes he could take back that "neutral" comment :-) Not a good time to be a Keynesian. Gotta love central planning in a Fascist economy.
Where's the money coming from to create from scratch these many manufacturing plants? Who will own the plants? Who gets to spend the billions being set aside to create this additional manufacturing capacity? Who will train the un and under-employed to make the sophisticated, intricate semiconductors?
I thought the money was being made available to existing manufacturers on a deferred repayment basis. I hope the government is not going to get in the business of site selection, construction management and/or hiring and training. Governments don't create wealth; they consume it
This is really a fascinating forum. I enjoy the various opinions of people of good will and unusual, not bar room, gargling. It's clear that Bonner and company don't know everything (as they repeatedly remind us). But, they provide good information, some of it to understand the big picture, some of it some of it to reify some of the noise, and some to provide best guess ways to avoid the pitfalls of a dangerous economic world. And they do this at a reasonable fee. I'm sad to see the deterioration that is frequent in most comment platforms. Disrespect of others contributes little to the road that we are all going down.
Could the prolific commenter we all know please start typing like a normal human being. Single spaces between words, and sentences is more than enough. Dot, dot, dot here - space, space, space there. All incoherently decided upon by the writer. Not to mention shouty capitals when it’s just not needed. Make your points with a little grammar. You’ll come across far more readable and less like a frothing mouth looney. I’ll guess I speak for many when I say, I currently ignore all your ravings due to the retarded structure you constantly use.
I am anxiously waiting for PG V to start up his own “ newspaper”
Bill and Joel, you see a comedy act for what it is,thanks.Problem is we at the bottom at the bottom of the heap, keep having to sign loan papers at the Bank to pay it back.
What dumb moron Biden is. The Democrats need to run him in 2024 for sure... with Harris of course... shoe in for a victory... my guess is that ticket would not get 5 % of the vote.
The passing of the Choco Taco is this year’s Harambe...a bad omen, indeed.