He’d be admin sep’d before making corporal.
2 Likes
Hee is a view of the debate between highly disregarded Kelton and NYT economic writer Krugman. He starts talking about Kelton at 5;50 and Paul Krugman afterwards. The beginning deals with stocks and such as he is a trader. Tried to post the vid but it will not let me. So you’d have to go to YouTube and view it there. The man who posted it is named Mike Norman.
Lost job, went through a divorce and paid a lot of money in child support in which one of his children is special needs(autism). Sounds like rock bottom to me. Are there people who’ve had it worse? Of course. Does that mean his circumstance is not rock bottom and as you say, just a low point? No.
And why is this your favorite?
Not sure if you looked after his name but he has several qualifications including an MBA Do you comprehend what you read?
Who says this? Disregarded by who? The mainstream.
And you’ve got to be one of the biggest Kool-Aid drinkers around. Would love to see you try and argue with him about economics. You and your feeble mind would get crushed. Lol.
Shocker…
Because a 501(c)(3) allows them to avoid paying federal income tax.
1 Like
Don’t give a shit about debates. Read academically published peer reviewed papers - the only thing that actually fucking matters in academia when trying to present one’s self as an expert.
But we have established you can’t comprehend what you read…
A hell of an assumption, not an achievement, and not of any note.
MBAs are utterly worthless. Every engineer I know that got a bachelors in that field then when on to get an ‘MBA said it was easier than high school.
Qualifications =/= skills. If you have that level of qualifications and can’t get hired for 18 months it’s because you have no skills.
Many academic colleagues of hers. Many articles published in peer reviewed journals detailing the BS.
You do realize Stephanie Kelton is female right? And I have no interest in arguing with her about economics as she has plenty of peers to do that with who have already thoroughly criticized her in peer reviewed journal articles. I can just read those because I don’t have a comprehension problem.
What a privileged life this shitty system of economics has afforded you….
Fucking clown.
That critique of Uncle Milty has been done plenty of times by those who are more evolved than I. A great deal of economists think he is a joke. He is propped up by right-wingers.
But defending your position in real time doesn’t? I suppose to you it doesn’t as your hero’s will be exposed. Incidentally the spat between Kelton and Krugman was in written form.
Oh no she was criticized! My God! How did she ever get a book deal? Peer reviewed journals are a place for people to hide with others who agree with them, typically. If you can’t defend your position in real time, you’ll be exposed.
This is an assumption? What do most working people dream of? Working for themselves and not having a boss.
Yep, you are right. Those qualifications mean nothing. His lack of skills is probably why he got fired.
I suppose she ought to take the time out and respond to every article that criticizes her! Or let’s save everyone some time and defend our understanding in real time, where there is nowhere to run or hide.
I said him(Steve Grumbie) not her. Can you even read? Either way, you would get completely demolished.
Maybe not. Just have an articulation problem which is why you run away from the debate issue.
Oh, you mean this? The U.S. Inequality Debate | Council on Foreign Relations
Summary
- Income and wealth inequality is higher in the United States than in almost any other developed country, and it is rising.
- There are large wealth and income gaps across racial groups, which many experts attribute to the country’s legacy of slavery and racist economic policies.
- Proposals to reduce inequality include a more progressive income tax, a higher minimum wage, and expanded educational opportunities.
Nah! This is a great system for the minority of people. The majority are just lazy and can go fuck off.
I have worked typical jobs for most of my life. Have those jobs not contribute things?
You got me there. I have no boss telling me what to do, how long I must be somewhere and when/if I can take a break. I, for the most part, do what I want with my time. I donate , volunteer and protest but yet I provide nothing.I guess time and money are nothing in your definition of it.
For the nth time - no it fucking doesn’t. Flat earthers defend their position all the time in “debates” and it sometimes appears they have “won” said debate (it’s why gullible idiots are joining their ranks wholesale). It doesn’t make it right. You will never find a flat earth theory in any modern science journal worth a damn.
Once again you missed the point. Your rock bottom position is influenced by a state of privilege few in the world ever see. If you think what that dude went through was “rock bottom”, your notion of rock bottom is certifiable bullshit.
See above. Debates don’t fucking matter except to low intelligence morons.
Again - it’s literally the gold standard of scientific/academic thought.
Book deals are given to morons all the time.
You are the only one harping on this as an issue (it’s not for the majority of people). It’s more of a “you” problem.
Let’s go under communist/Marxist style economics as you wish - definitely no one will tell you what to do then….
Don’t forget gigantic hypocrite.
Pretty much objectively true
No one is denying any of the points in the article you quoted (except maybe how to solve it).
That was from like 6 months ago.
Holy necro replying.
Lmao, what a joke. I don’t even particularly care for Friedman, I just used the first video I saw to prove the point that you’re a hypocrite and you did not disappoint.
1 Like
How many logical fallacies are we up to in this thread now? Strawman, red herring, and appeal to authority. I’m sure there are others. Ridiculous.
1 Like
This whole thread is so funny.
Castoli: Watch this video on MMT by someone more evolved on the topic than I.
Twojarslave: Nobody is going to watch a one hour long video and respond to it as they would your own thoughts written out.
Castoli: why watch something explained by someone who is more evolved than I on such an important subject.
usmc: Watch this video on inflation by well known economist Milton Friedman.
Castoli: That critique of Uncle Milty has been done plenty of times by those who are more evolved than I. A great deal of economists think he is a joke.
Classic Zep PWI thread.
1 Like
Since we’re appealing to authority, it’s weird that I couldn’t find a Nobel prize in economics for Steve Grumbie or Stephanie Kelton
Who do you think props up Steve Grumbie or Stephanie Kelton?
Probably.
Wealth inequality has never been as high as it is now. Similarly the colonial nations had 4x better living standards 120 years ago. Now its around 32x.
Obviously inequality has always existed. But since getting off the gold standard and banking becoming an unstoppable force in society, primarily through interest based usury, wealth gaps continue to grow.
At some point there will be a violent reaction to this. Stable systems are required for longevity. Without a large labour aristocarcy within first world nations there develops class antagonisms that override national cohesion.
Without reasonable parity in wealth third world nations will seek to establish a power block against the current global colonial hegemon that is the US. This is what all the wars have been over in the last few decades, Saddam and Gadaffi trying to get back onto the gold standard and only sell oil in their own currencies.
The Muslim world will consolidate into a caliphate within 200 years. Africa will develop as a power block and try and protect its mineral wealth or ally with china whose looming population implosion will require heavy migration from developing nations.
If the US was a little more far sighted most of this which will hurt its own intersts, could be avoided.
His “theories” have been largely debunked. So you proved nothing but your stone cold ignorance.