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Author Topic:   Phat's Bookshelf
Theodoric
Member
Posts: 9283
From: Northwest, WI, USA
Joined: 08-15-2005
Member Rating: 2.3


Message 87 of 174 (904349)
12-27-2022 11:06 AM
Reply to: Message 77 by Phat
12-27-2022 8:17 AM


Re: Bonds or Gold?
some estimate
Who? Source please.
Why would credit markets implode?
Did it ever occur to you that the value of the gold is inflating even as the market holds it down?
That makes no logical, financial, or economic sense. Gold has no more intrinsic value than pork bellies.

What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens

Facts don't lie or have an agenda. Facts are just facts

"God did it" is not an argument. It is an excuse for intellectual laziness.

If your viewpoint has merits and facts to back it up why would you have to lie?


This message is a reply to:
 Message 77 by Phat, posted 12-27-2022 8:17 AM Phat has seen this message but not replied

  
Theodoric
Member
Posts: 9283
From: Northwest, WI, USA
Joined: 08-15-2005
Member Rating: 2.3


Message 88 of 174 (904350)
12-27-2022 11:08 AM
Reply to: Message 78 by Phat
12-27-2022 8:35 AM


Re: Videos, Books, and Propaganda
So did you lie? If one of your sources claimed this then they lied. Do you trust sources that lie to you? Of course you do.

What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens

Facts don't lie or have an agenda. Facts are just facts

"God did it" is not an argument. It is an excuse for intellectual laziness.

If your viewpoint has merits and facts to back it up why would you have to lie?


This message is a reply to:
 Message 78 by Phat, posted 12-27-2022 8:35 AM Phat has seen this message but not replied

  
Theodoric
Member
Posts: 9283
From: Northwest, WI, USA
Joined: 08-15-2005
Member Rating: 2.3


Message 90 of 174 (904354)
12-27-2022 11:50 AM
Reply to: Message 89 by Taq
12-27-2022 11:09 AM


Re: Videos, Books, and Propaganda
The amazing thing is that he thinks he has some sort of valid argument and reasoning. But all he does is expose his elementary school understanding of finance and economics. No wonder the youtube charlatans do so well.

What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens

Facts don't lie or have an agenda. Facts are just facts

"God did it" is not an argument. It is an excuse for intellectual laziness.

If your viewpoint has merits and facts to back it up why would you have to lie?


This message is a reply to:
 Message 89 by Taq, posted 12-27-2022 11:09 AM Taq has not replied

  
Theodoric
Member
Posts: 9283
From: Northwest, WI, USA
Joined: 08-15-2005
Member Rating: 2.3


Message 95 of 174 (904367)
12-27-2022 6:20 PM
Reply to: Message 94 by nwr
12-27-2022 1:05 PM


Re: Videos, Books, and Propaganda
Which also determines the value of the dollar. Weird.

What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens

Facts don't lie or have an agenda. Facts are just facts

"God did it" is not an argument. It is an excuse for intellectual laziness.

If your viewpoint has merits and facts to back it up why would you have to lie?


This message is a reply to:
 Message 94 by nwr, posted 12-27-2022 1:05 PM nwr has seen this message but not replied

  
Theodoric
Member
Posts: 9283
From: Northwest, WI, USA
Joined: 08-15-2005
Member Rating: 2.3


Message 96 of 174 (904368)
12-27-2022 6:44 PM
Reply to: Message 71 by Phat
12-27-2022 7:29 AM


Re: its The Marketplace, stupid
Currency used to be based on a bedrock value.
What does this mean? What is bedrock value?

What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens

Facts don't lie or have an agenda. Facts are just facts

"God did it" is not an argument. It is an excuse for intellectual laziness.

If your viewpoint has merits and facts to back it up why would you have to lie?


This message is a reply to:
 Message 71 by Phat, posted 12-27-2022 7:29 AM Phat has seen this message but not replied

Replies to this message:
 Message 97 by Tanypteryx, posted 12-27-2022 7:11 PM Theodoric has not replied

  
Theodoric
Member
Posts: 9283
From: Northwest, WI, USA
Joined: 08-15-2005
Member Rating: 2.3


(3)
Message 98 of 174 (904370)
12-27-2022 7:18 PM


What a real economist thinks
Phat,
Maybe you should listen to real economists.
quote:
The average national price of regular gasoline this Christmas was almost 20 cents a gallon lower than it was a year earlier. Prices at the pump are still higher than they were during the pandemic slump, when economic shutdowns depressed world oil prices, but the affordability of fuel — as measured by the ratio of the average wage to gas prices — is most of the way back to pre-Covid levels.
Now, gas prices aren’t a good measure either of economic health or of successful economic policy — although if you listened to Republican ads during the midterms, you might have thought otherwise. But subsiding prices at the pump are only one of many indicators that the inflationary storm of 2021 to ’22 is letting up. Remember the supply-chain crisis, with shipping rates soaring to many times their normal level? It’s over.
More broadly, recent reports on the inflation measures the Federal Reserve traditionally uses to guide its interest rate policy have been really, really good...
Oh, and with visible inflation slowing, the risks of a wage-price spiral, which I never thought were very large, are receding even further.
So we’ve had some seriously encouraging inflation news. There are still reasons to worry, and the news isn’t solid enough to justify breaking out the Champagne. But given the season, I am going to indulge at least in a glass or two of eggnog.
More on inflation
Opinion | Is the Inflation Storm Letting Up? - The New York Times

What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens

Facts don't lie or have an agenda. Facts are just facts

"God did it" is not an argument. It is an excuse for intellectual laziness.

If your viewpoint has merits and facts to back it up why would you have to lie?


  
Theodoric
Member
Posts: 9283
From: Northwest, WI, USA
Joined: 08-15-2005
Member Rating: 2.3


(3)
Message 111 of 174 (904666)
01-04-2023 4:35 PM
Reply to: Message 106 by Phat
01-04-2023 2:35 PM


Re: its The Marketplace, stupid
You have never explained what "bedrock level" means.
They are unlikely to ever become worthless, as can a fiat currency
But hard assets can become worth much less than they were. Or much more. Either is not good for economic stability.
I know you think this is a bad thing, and you would be wrong, but the government can control a fiat currency to keep the economy within the guard rails. If the faith and credit of the United States of America fails there will be bigger problems than fiat currency.
Still waiting for your proposal of how we go back on to the gold standard. Instead of educating people, building bridges and paying our military, we should instead be buying trillions of dollars of gold? How is buying that much gold going to effect markets and the economy? Currently, the US owns about $375 billion worth of gold. There is currently over $2 trillion of US currency in circulation. Present a plan. Or just crawl back under your rock.
BTW IQ tests are meaningless and inaccurate. I last had one when I was a junior in high school. I did well. Better than I thought I would. If it was accurate than I seemingly did not live up to my intellectual potential.
More important than some meaningless measurement of intelligence, is what I call the curiosity quotient. How curious is one to understand something or to find out if something is accurate. Much more important than raw intelligence.
Keep up your sophomoric attacks. I think I and Rep Ocasio-Cortez do not feel threatened.

What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens

Facts don't lie or have an agenda. Facts are just facts

"God did it" is not an argument. It is an excuse for intellectual laziness.

If your viewpoint has merits and facts to back it up why would you have to lie?


This message is a reply to:
 Message 106 by Phat, posted 01-04-2023 2:35 PM Phat has seen this message but not replied

  
Theodoric
Member
Posts: 9283
From: Northwest, WI, USA
Joined: 08-15-2005
Member Rating: 2.3


(2)
Message 112 of 174 (904667)
01-04-2023 4:43 PM
Reply to: Message 107 by Phat
01-04-2023 2:39 PM


Re: its The Marketplace, stupid
A video (or documentary) is quite capable of going into every bit as much depth as is a book.
Bullshit. An book worth writing is 100's of pages long. Videos are just snippets of what the presenter wants to present. A book that discusses anything on an intellectual level has footnotes and bibliographies so we can look at the source material.
Books(those worth reading)are written by authors with credentials we can assess. The videos you present are by charlatans, grifters and liars with no credentials. You are one of the anti-intellectual mob, that is offended by the very concept of expertise.
There is a reason it takes years to get a Bachelors degree. Then more years to get a Masters and then even more years for a Doctorate. This stuff is hard. It takes years to be an expert. Some expert are wrong, very wrong. That is why we don't just listen tp one expert. We listen top the consensus of the experts.
These are concepts you are unable to conceive of let alone understand. But evidently you have a high IQ. Go you.

What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens

Facts don't lie or have an agenda. Facts are just facts

"God did it" is not an argument. It is an excuse for intellectual laziness.

If your viewpoint has merits and facts to back it up why would you have to lie?


This message is a reply to:
 Message 107 by Phat, posted 01-04-2023 2:39 PM Phat has seen this message but not replied

  
Theodoric
Member
Posts: 9283
From: Northwest, WI, USA
Joined: 08-15-2005
Member Rating: 2.3


Message 113 of 174 (904668)
01-04-2023 4:46 PM
Reply to: Message 109 by Taq
01-04-2023 3:11 PM


Re: its The Marketplace, stupid
Just one asteroid could make gold worthless. If we could harness it and mine it.

What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens

Facts don't lie or have an agenda. Facts are just facts

"God did it" is not an argument. It is an excuse for intellectual laziness.

If your viewpoint has merits and facts to back it up why would you have to lie?


This message is a reply to:
 Message 109 by Taq, posted 01-04-2023 3:11 PM Taq has not replied

  
Theodoric
Member
Posts: 9283
From: Northwest, WI, USA
Joined: 08-15-2005
Member Rating: 2.3


Message 115 of 174 (904673)
01-04-2023 8:42 PM
Reply to: Message 106 by Phat
01-04-2023 2:35 PM


Worthless fiat currencies
Please list fiat currencies now worthless and explain how they became worthless.
I remember not so very long ago you talked up crypto. So why no longer?

What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens

Facts don't lie or have an agenda. Facts are just facts

"God did it" is not an argument. It is an excuse for intellectual laziness.

If your viewpoint has merits and facts to back it up why would you have to lie?


This message is a reply to:
 Message 106 by Phat, posted 01-04-2023 2:35 PM Phat has replied

Replies to this message:
 Message 116 by Phat, posted 01-05-2023 1:29 AM Theodoric has replied

  
Theodoric
Member
Posts: 9283
From: Northwest, WI, USA
Joined: 08-15-2005
Member Rating: 2.3


Message 117 of 174 (904685)
01-05-2023 8:33 AM
Reply to: Message 116 by Phat
01-05-2023 1:29 AM


Re: Worthless fiat currencies
I apologize. At times it is hard to keep the gold bugs separate from the crypto dudes. They both trade in the same type of unevidenced arguments. I confused you with another nutjob.
So you make these profound claims about how fiat currencies fail and will fail, but you know nothing about any fiat currency that has?
Then you wonder why no one believes or trusts any of the crap you spout.

What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens

Facts don't lie or have an agenda. Facts are just facts

"God did it" is not an argument. It is an excuse for intellectual laziness.

If your viewpoint has merits and facts to back it up why would you have to lie?


This message is a reply to:
 Message 116 by Phat, posted 01-05-2023 1:29 AM Phat has seen this message but not replied

  
Theodoric
Member
Posts: 9283
From: Northwest, WI, USA
Joined: 08-15-2005
Member Rating: 2.3


Message 136 of 174 (905022)
01-14-2023 5:16 PM
Reply to: Message 135 by Phat
01-14-2023 4:06 PM


Re: The Case For Faith (reexamined)
About Paul Jacobsen - Case Against Faith
He won't give his real name. Don't blame him.

What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens

Facts don't lie or have an agenda. Facts are just facts

"God did it" is not an argument. It is an excuse for intellectual laziness.

If your viewpoint has merits and facts to back it up why would you have to lie?


This message is a reply to:
 Message 135 by Phat, posted 01-14-2023 4:06 PM Phat has seen this message but not replied

  
Theodoric
Member
Posts: 9283
From: Northwest, WI, USA
Joined: 08-15-2005
Member Rating: 2.3


Message 145 of 174 (905090)
01-16-2023 3:16 PM
Reply to: Message 139 by Phat
01-16-2023 12:06 PM


Re: Phat's Bookshelf Expands. Recomendations Welcome!
More stupid comments that are off topic.

What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens

Facts don't lie or have an agenda. Facts are just facts

"God did it" is not an argument. It is an excuse for intellectual laziness.

If your viewpoint has merits and facts to back it up why would you have to lie?


This message is a reply to:
 Message 139 by Phat, posted 01-16-2023 12:06 PM Phat has replied

Replies to this message:
 Message 146 by Phat, posted 01-19-2023 1:57 AM Theodoric has not replied

  
Theodoric
Member
Posts: 9283
From: Northwest, WI, USA
Joined: 08-15-2005
Member Rating: 2.3


Message 148 of 174 (905143)
01-19-2023 8:22 AM
Reply to: Message 147 by Phat
01-19-2023 3:22 AM


Re: The War On The West Chapter One
Here is why you racism and books like this are so stupid. You and the author are racists.
Race and ethnicity are solely cultural constructs. Yes, we can genetically measure % of ancestry but how do we accurately define race.
A prime example is my heritage. My father was born in Puerto Rico, to a very Puerto Rican family. I do not have his DNA profile, but I do have mine and I have the DNA profile of a maternal uncle. From that, we can make a large number of assumptions. Hopefully one of my Puerto Rican relatives will have their profile done to do a comparison also.
One thing that makes this analysis easier is that my parents had almost zero genetic overlap. There is a possibility my father had a tiny bit of English ancestry but that is it. My mother's ancestry is English, Scottish and Irish. Nothing more. This is confirmed by looking at my maternal uncle's DNA.
Therefore, whatever other DNA heritage I have comes from my father. Here is where it gets interesting. My father was the whitest looking man you would have ever seen. He was practically see-through. People always say that I don't look Puerto Rican. I don't mention my father, I just tell them that Puerto Ricans look like anyone you see walking in the USA. We are pale white to darkest black and everything in between and to the sides. In my family alone we run the gamut of colors and "races". Yes even Asian and for the anti-semites, even Jews.
My father was, approximately 55-60% Spanish, Portuguese, Basque, and 12-15% English and Welsh. He was also approximately 20-25% Taino(indigenous) and 12-15% African. What does this make him racially? What does this make me racially? According to the slave laws of the old south, I could be enslaved. According to the one-drop rule which was in place in many places prior to 1967, I would be considered black. Prior to Loving vs Virginia which is after my birth, in some states my parents could not be legally married and in fact, they would be guilty of a felony. In fact, I would not be able to marry my wife prior to Loving in a number of states.
But for us, it was different than for a lot of other people. We are white looking. Genetically, we probably have more African and Indigenous DNA than some people that are classically black and indigenous looking.
The point of this screed is that it is all just a social construct. You have no idea what the DNA history is of the person you are talking to. We are all the same but we are all different.

What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens

Facts don't lie or have an agenda. Facts are just facts

"God did it" is not an argument. It is an excuse for intellectual laziness.

If your viewpoint has merits and facts to back it up why would you have to lie?


This message is a reply to:
 Message 147 by Phat, posted 01-19-2023 3:22 AM Phat has replied

Replies to this message:
 Message 149 by Phat, posted 01-19-2023 9:14 AM Theodoric has replied

  
Theodoric
Member
Posts: 9283
From: Northwest, WI, USA
Joined: 08-15-2005
Member Rating: 2.3


Message 150 of 174 (905148)
01-19-2023 9:30 AM
Reply to: Message 149 by Phat
01-19-2023 9:14 AM


Re: The War On The West Chapter One
The premise of his argument is fallacious and racist. His previous writings are racist. The snippets you posted are racist.
I do not need to read read racist arguments to dismiss the observations and conclusions.

What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens

Facts don't lie or have an agenda. Facts are just facts

"God did it" is not an argument. It is an excuse for intellectual laziness.

If your viewpoint has merits and facts to back it up why would you have to lie?


This message is a reply to:
 Message 149 by Phat, posted 01-19-2023 9:14 AM Phat has not replied

  
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