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Author Topic:   Testing The Financial Apologists
Tanypteryx
Member
Posts: 4344
From: Oregon, USA
Joined: 08-27-2006
Member Rating: 5.9


(1)
Message 194 of 328 (909357)
04-01-2023 4:04 PM
Reply to: Message 191 by Phat
04-01-2023 3:20 PM


Re: The Debt: 3 Months Later
So, still not a single word about how they were duped and by whom they were duped, and why they have not noticed, but you have.
Phat writes:
Before I do, however, let me ask you genius's a question. Why is it that the Fed alternates so radically between QE and QT? And why do they raise interest rates one quarter only to lower them another?
Probably because the economy is not static and they want to see how things react.
Phat writes:
We are not only heading into a recession but a full blown depression.
Well, economies are cyclic and we live on a planet with 8 billion people and growing with dwindling resources and livable habitat, so yep, there are going to be future depressions and recessions and wars.
Phat writes:
Your optimism regarding a perpetually strong dollar is naive.
Please show me where I have ever expressed any opinion about the strength of the dollar. I have stated that you are deluded that you know anything about finance and economies.
And all your "the sky is falling, the sky is falling nonsense" about China, Russia and some other countries forming some kind of trading partnership and a new currency is useless. What do you think anyone can do about it? As far as I can see various sanctions are our only weapon and I don't remember that stopping anyone from continuing right on with whatever behavior the U.S. doesn't like.
Phat writes:
In my mind, it takes no rocket scientist to draw a corrollary of a car stuck in the mud. First, the driver floors it. next,they shift into reverse. Why? Because they are STUCK!! Just as our economy is STUCK. And we wont get out of the mud.
First off, don't ask rocket scientists to fix the economy. Despite lower inflation than most of the rest of the planet, just what exactly would you do to fix it?

Stop Tzar Vladimir the Condemned!

What if Eleanor Roosevelt had wings? -- Monty Python

One important characteristic of a theory is that is has survived repeated attempts to falsify it. Contrary to your understanding, all available evidence confirms it. --Subbie

If evolution is shown to be false, it will be at the hands of things that are true, not made up. --percy

The reason that we have the scientific method is because common sense isn't reliable. -- Taq


This message is a reply to:
 Message 191 by Phat, posted 04-01-2023 3:20 PM Phat has not replied

  
Tanypteryx
Member
Posts: 4344
From: Oregon, USA
Joined: 08-27-2006
Member Rating: 5.9


Message 195 of 328 (909358)
04-01-2023 4:08 PM
Reply to: Message 193 by Phat
04-01-2023 3:31 PM


Re: The Debt: 3 Months Later
Phat writes:
It has been accelerated by monetizing the debt since then.
Monetizing the debt? What does that mean?

Stop Tzar Vladimir the Condemned!

What if Eleanor Roosevelt had wings? -- Monty Python

One important characteristic of a theory is that is has survived repeated attempts to falsify it. Contrary to your understanding, all available evidence confirms it. --Subbie

If evolution is shown to be false, it will be at the hands of things that are true, not made up. --percy

The reason that we have the scientific method is because common sense isn't reliable. -- Taq


This message is a reply to:
 Message 193 by Phat, posted 04-01-2023 3:31 PM Phat has replied

Replies to this message:
 Message 198 by Phat, posted 04-03-2023 11:20 AM Tanypteryx has replied

  
Tanypteryx
Member
Posts: 4344
From: Oregon, USA
Joined: 08-27-2006
Member Rating: 5.9


Message 201 of 328 (909411)
04-03-2023 11:48 AM
Reply to: Message 198 by Phat
04-03-2023 11:20 AM


Re: The Debt: 3 Months Later
So, an explanation completely devoid of information.

Stop Tzar Vladimir the Condemned!

What if Eleanor Roosevelt had wings? -- Monty Python

One important characteristic of a theory is that is has survived repeated attempts to falsify it. Contrary to your understanding, all available evidence confirms it. --Subbie

If evolution is shown to be false, it will be at the hands of things that are true, not made up. --percy

The reason that we have the scientific method is because common sense isn't reliable. -- Taq


This message is a reply to:
 Message 198 by Phat, posted 04-03-2023 11:20 AM Phat has not replied

Replies to this message:
 Message 203 by Theodoric, posted 04-03-2023 1:46 PM Tanypteryx has replied

  
Tanypteryx
Member
Posts: 4344
From: Oregon, USA
Joined: 08-27-2006
Member Rating: 5.9


(1)
Message 204 of 328 (909418)
04-03-2023 2:03 PM
Reply to: Message 203 by Theodoric
04-03-2023 1:46 PM


Re: The Debt: 3 Months Later
Precisely!

Stop Tzar Vladimir the Condemned!

What if Eleanor Roosevelt had wings? -- Monty Python

One important characteristic of a theory is that is has survived repeated attempts to falsify it. Contrary to your understanding, all available evidence confirms it. --Subbie

If evolution is shown to be false, it will be at the hands of things that are true, not made up. --percy

The reason that we have the scientific method is because common sense isn't reliable. -- Taq


This message is a reply to:
 Message 203 by Theodoric, posted 04-03-2023 1:46 PM Theodoric has not replied

Replies to this message:
 Message 205 by Phat, posted 04-04-2023 12:56 PM Tanypteryx has replied

  
Tanypteryx
Member
Posts: 4344
From: Oregon, USA
Joined: 08-27-2006
Member Rating: 5.9


(1)
Message 210 of 328 (909523)
04-05-2023 12:41 PM
Reply to: Message 205 by Phat
04-04-2023 12:56 PM


Re: A Damselfly In Distress
Phat writes:
How a bug scientist from Oregon could understand finance any better than a self taught grocery clerk with a voracious appetite for knowledge is puzzling.
I'm sure it is.
Phat writes:
Can a Dragonfly teach you ANYTHING at all about History? About Global Trends? About shifting public opinion?
Are you daft?
Phat writes:
Powell and Yellin are theoretical intellectuals with no clue as to the insights of daily public transactions regarding the money which they are supposed to know about.
Yeah, I bet they've never spent money on groceries.
Phat writes:
The sources of information which I see are varied, but they all essentially tell me what I need to know.
And we have watched the things you say here and most of them are devoid of meaning, but they do not demonstrate that you understand the basics of how U.S. and global economy actually works. We are judging your knowledge based on what you say.
Phat writes:
You appeal to authority, even though there is no evidence that the authority even knows what they are doing.
Still waiting for YOUR solution.

Stop Tzar Vladimir the Condemned!

What if Eleanor Roosevelt had wings? -- Monty Python

One important characteristic of a theory is that is has survived repeated attempts to falsify it. Contrary to your understanding, all available evidence confirms it. --Subbie

If evolution is shown to be false, it will be at the hands of things that are true, not made up. --percy

The reason that we have the scientific method is because common sense isn't reliable. -- Taq


This message is a reply to:
 Message 205 by Phat, posted 04-04-2023 12:56 PM Phat has replied

Replies to this message:
 Message 211 by Phat, posted 04-06-2023 3:24 PM Tanypteryx has replied

  
Tanypteryx
Member
Posts: 4344
From: Oregon, USA
Joined: 08-27-2006
Member Rating: 5.9


Message 212 of 328 (909607)
04-06-2023 3:32 PM
Reply to: Message 211 by Phat
04-06-2023 3:24 PM


Re: A Damselfly In Distress
So, you've got nothing, that's what I figured.

Stop Tzar Vladimir the Condemned!

What if Eleanor Roosevelt had wings? -- Monty Python

One important characteristic of a theory is that is has survived repeated attempts to falsify it. Contrary to your understanding, all available evidence confirms it. --Subbie

If evolution is shown to be false, it will be at the hands of things that are true, not made up. --percy

The reason that we have the scientific method is because common sense isn't reliable. -- Taq


This message is a reply to:
 Message 211 by Phat, posted 04-06-2023 3:24 PM Phat has not replied

  
Tanypteryx
Member
Posts: 4344
From: Oregon, USA
Joined: 08-27-2006
Member Rating: 5.9


(1)
Message 216 of 328 (909649)
04-07-2023 2:14 PM
Reply to: Message 211 by Phat
04-06-2023 3:24 PM


Re: A Damselfly In Distress
Phat writes:
Sometimes one has to swallow the bitter medicine. The US public at large will suffer together during this next Depression.

With God's grace, we will get through it.
So, what do you figure God is going to do, make more gold, do away with fiat money, pay off the debt, give you money...what?
Phat writes:
And we may see a bit of political revolution as well. May as well clean house thoroughly.
The house will never be clean as long as Trump and his henchmen and the rest of the insurrectionists in the U.S. Congress are not imprisoned, no one is above the law and those people are still trying to steal our democracy.

Stop Tzar Vladimir the Condemned!

What if Eleanor Roosevelt had wings? -- Monty Python

One important characteristic of a theory is that is has survived repeated attempts to falsify it. Contrary to your understanding, all available evidence confirms it. --Subbie

If evolution is shown to be false, it will be at the hands of things that are true, not made up. --percy

The reason that we have the scientific method is because common sense isn't reliable. -- Taq


This message is a reply to:
 Message 211 by Phat, posted 04-06-2023 3:24 PM Phat has replied

Replies to this message:
 Message 219 by Phat, posted 04-11-2023 3:39 PM Tanypteryx has replied

  
Tanypteryx
Member
Posts: 4344
From: Oregon, USA
Joined: 08-27-2006
Member Rating: 5.9


(1)
Message 220 of 328 (909812)
04-11-2023 3:44 PM
Reply to: Message 219 by Phat
04-11-2023 3:39 PM


Re: A Damselfly In Distress
Phat writes:
God will give the Western people the grace to accept their mistake and to rebuild...
So, in other words, "We're on our own."

Stop Tzar Vladimir the Condemned!

What if Eleanor Roosevelt had wings? -- Monty Python

One important characteristic of a theory is that is has survived repeated attempts to falsify it. Contrary to your understanding, all available evidence confirms it. --Subbie

If evolution is shown to be false, it will be at the hands of things that are true, not made up. --percy

The reason that we have the scientific method is because common sense isn't reliable. -- Taq


This message is a reply to:
 Message 219 by Phat, posted 04-11-2023 3:39 PM Phat has seen this message but not replied

  
Tanypteryx
Member
Posts: 4344
From: Oregon, USA
Joined: 08-27-2006
Member Rating: 5.9


(2)
Message 222 of 328 (909819)
04-11-2023 4:42 PM
Reply to: Message 218 by Phat
04-11-2023 3:33 PM


Re: US dollar vs BRICS currency
Phat writes:
(Likely there will be a basket of currencies that share global reserve status, but the dollar will no longer be the primary one)
And what specific consequence do you predict that will have on my life, or your life? What will change in transactions between shop owners and customers, or shop owners and their suppliers, or farmers and their customers, or or truck owners and the producers they transport for? How will I pay a plumber or a doctor?

Stop Tzar Vladimir the Condemned!

What if Eleanor Roosevelt had wings? -- Monty Python

One important characteristic of a theory is that is has survived repeated attempts to falsify it. Contrary to your understanding, all available evidence confirms it. --Subbie

If evolution is shown to be false, it will be at the hands of things that are true, not made up. --percy

The reason that we have the scientific method is because common sense isn't reliable. -- Taq


This message is a reply to:
 Message 218 by Phat, posted 04-11-2023 3:33 PM Phat has not replied

  
Tanypteryx
Member
Posts: 4344
From: Oregon, USA
Joined: 08-27-2006
Member Rating: 5.9


(1)
Message 228 of 328 (909935)
04-13-2023 4:15 PM
Reply to: Message 227 by Phat
04-13-2023 3:56 PM


Re: US dollar vs BRICS currency
Phat writes:
The point is, the United States, increasingly weakening financially, cannot be the prime mover any longer.
Can you list the signs that the U.S. is increasingly weakening financially compared to the rest of the world or the other NATO countries?
Unemployment?
Inflation?
GDP?
Trade?
Military spending?
Phat writes:
Look up how many nations are left committed to the G7.
worldpopulationreview:
G7 is a term that is used to describe the "Group of Seven", a coalition of seven countries that have the largest and most advanced economies in the world: the United States, Germany, Japan, the United Kingdom, France, Italy, and Canada, along with the European Union. The G7 members represent over 46% of the gross domestic product globally based on nominal values. These countries represent over 32% of the GDP based on purchasing power parity. In 2018, the countries in this group comprised more than 60% of the global net wealth for a total of $317 trillion.
What calamity are you predicting here?

Stop Tzar Vladimir the Condemned!

What if Eleanor Roosevelt had wings? -- Monty Python

One important characteristic of a theory is that is has survived repeated attempts to falsify it. Contrary to your understanding, all available evidence confirms it. --Subbie

If evolution is shown to be false, it will be at the hands of things that are true, not made up. --percy

The reason that we have the scientific method is because common sense isn't reliable. -- Taq


This message is a reply to:
 Message 227 by Phat, posted 04-13-2023 3:56 PM Phat has not replied

  
Tanypteryx
Member
Posts: 4344
From: Oregon, USA
Joined: 08-27-2006
Member Rating: 5.9


(1)
Message 231 of 328 (909952)
04-13-2023 7:08 PM
Reply to: Message 230 by AZPaul3
04-13-2023 7:03 PM


Re: US dollar vs BRICS currency
You mean the G8 minus Russia? That's understandable, don't you think?
And Russia only makes it into the top 20 economies, not the top 8.

Stop Tzar Vladimir the Condemned!

What if Eleanor Roosevelt had wings? -- Monty Python

One important characteristic of a theory is that is has survived repeated attempts to falsify it. Contrary to your understanding, all available evidence confirms it. --Subbie

If evolution is shown to be false, it will be at the hands of things that are true, not made up. --percy

The reason that we have the scientific method is because common sense isn't reliable. -- Taq


This message is a reply to:
 Message 230 by AZPaul3, posted 04-13-2023 7:03 PM AZPaul3 has replied

Replies to this message:
 Message 232 by AZPaul3, posted 04-13-2023 7:13 PM Tanypteryx has replied

  
Tanypteryx
Member
Posts: 4344
From: Oregon, USA
Joined: 08-27-2006
Member Rating: 5.9


(1)
Message 233 of 328 (909955)
04-13-2023 7:20 PM
Reply to: Message 232 by AZPaul3
04-13-2023 7:13 PM


Re: US dollar vs BRICS currency
Yeah, I know, but they didn't really qualify, based on their ranking.

Stop Tzar Vladimir the Condemned!

What if Eleanor Roosevelt had wings? -- Monty Python

One important characteristic of a theory is that is has survived repeated attempts to falsify it. Contrary to your understanding, all available evidence confirms it. --Subbie

If evolution is shown to be false, it will be at the hands of things that are true, not made up. --percy

The reason that we have the scientific method is because common sense isn't reliable. -- Taq


This message is a reply to:
 Message 232 by AZPaul3, posted 04-13-2023 7:13 PM AZPaul3 has replied

Replies to this message:
 Message 234 by AZPaul3, posted 04-13-2023 7:52 PM Tanypteryx has replied
 Message 237 by Theodoric, posted 04-13-2023 8:46 PM Tanypteryx has not replied

  
Tanypteryx
Member
Posts: 4344
From: Oregon, USA
Joined: 08-27-2006
Member Rating: 5.9


(1)
Message 235 of 328 (909961)
04-13-2023 8:04 PM
Reply to: Message 234 by AZPaul3
04-13-2023 7:52 PM


Re: US dollar vs BRICS currency
Regardless, they are not a G-anything anymore. And it has nothing to do with waning american power.
Trying to imagine Vlad in a G-string, but failing...

Stop Tzar Vladimir the Condemned!

What if Eleanor Roosevelt had wings? -- Monty Python

One important characteristic of a theory is that is has survived repeated attempts to falsify it. Contrary to your understanding, all available evidence confirms it. --Subbie

If evolution is shown to be false, it will be at the hands of things that are true, not made up. --percy

The reason that we have the scientific method is because common sense isn't reliable. -- Taq


This message is a reply to:
 Message 234 by AZPaul3, posted 04-13-2023 7:52 PM AZPaul3 has not replied

Replies to this message:
 Message 238 by Theodoric, posted 04-13-2023 8:47 PM Tanypteryx has replied

  
Tanypteryx
Member
Posts: 4344
From: Oregon, USA
Joined: 08-27-2006
Member Rating: 5.9


(1)
Message 239 of 328 (909966)
04-13-2023 8:57 PM
Reply to: Message 238 by Theodoric
04-13-2023 8:47 PM


Re: US dollar vs BRICS currency
Picture him on a horse!

Stop Tzar Vladimir the Condemned!

What if Eleanor Roosevelt had wings? -- Monty Python

One important characteristic of a theory is that is has survived repeated attempts to falsify it. Contrary to your understanding, all available evidence confirms it. --Subbie

If evolution is shown to be false, it will be at the hands of things that are true, not made up. --percy

The reason that we have the scientific method is because common sense isn't reliable. -- Taq


This message is a reply to:
 Message 238 by Theodoric, posted 04-13-2023 8:47 PM Theodoric has replied

Replies to this message:
 Message 240 by Theodoric, posted 04-13-2023 9:03 PM Tanypteryx has not replied

  
Tanypteryx
Member
Posts: 4344
From: Oregon, USA
Joined: 08-27-2006
Member Rating: 5.9


(2)
Message 265 of 328 (910427)
04-22-2023 4:36 PM
Reply to: Message 264 by Phat
04-22-2023 3:44 PM


Re: CNN also has an Agenda.
You must have a list.

Stop Tzar Vladimir the Condemned!

What if Eleanor Roosevelt had wings? -- Monty Python

One important characteristic of a theory is that is has survived repeated attempts to falsify it. Contrary to your understanding, all available evidence confirms it. --Subbie

If evolution is shown to be false, it will be at the hands of things that are true, not made up. --percy

The reason that we have the scientific method is because common sense isn't reliable. -- Taq


This message is a reply to:
 Message 264 by Phat, posted 04-22-2023 3:44 PM Phat has not replied

  
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