Modern Monetary Theory: A Primer

Thats 12 miles of jobs. 10’s of thousands of families being supported by a single earner, with enough left over for a nice vacation, 2 cars, etc.

And thats just One Plant!

Can? After costs have already soared?

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Jesus Christ! It is all black & white with you people.

Yeah, I weigh about 165lbs.-totally obese.

And the people who got you to “critically think” got just what they wanted. Someone who will try and intellectually justify greed any way they can. Net operating costs. Man, GTFOH! As if the widening gap between classes isn’t real.

And you writing this is hilarious as it shows how little you know of the real world.

Too bad this doesn’t happen to the degree it used to.

Diet is just about the simplest thing on the planet to get right. Nobody looks at a pop tart and and some spinach and says the pop tart is healthier because the commercials made it looks tasty….

I have no tolerance for lazy, weak minded people who think it’s impossible to avoid shit foods.

I have not done this, just stated that statistics are about the most easily manipulated thing in the planet.
Ok, I’ll give you one point here: eating clean foods is slightly harder than lying with statistics.

I never claimed this.

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Your unions helped with that.

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It did end, quite promptly, in '79. I was only seven at the time, but I clearly remember the next several years and what an absolute bloodbath it was here in Pittsburgh.

The transition from industrial/production based economy to technology & service was rough.

What will it cause?

Not hard to figure out, yet you offered no explanation?

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They do look at it as tastier and more convenient. And with the way the construct these manufactured foods, they try and make it as addictive as possible. Manufactured to light up the pleasure centers of the brain. All for more profit. Do not try and sell something that you can have pride in because you might not make as much money.

So the workers are being left behind w/o corporate profits being a source of this disparity?

So the unions destroyed jobs and sent them to foreign countries?

Lack of resources and production, like I’ve said several times before.

Oh man. I grew up in Irwin and my father worked for U.S. Steel in Homestead. His plant was closed when it was bought by Marathon Oil, I believe. This was 1984. It was a struggle ever since.

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Exactly. It’s the lazy choice…

I made some protein breakfast bars from a recipe on this very website in less than 10 minutes then just had to wait for the oven to do its job. They taste better and have a ton better caloric/macro profile compare to pop tarts. So ten minutes of work to get something much more nutritious is all it took.

Junk food is a lazy excuse.

And now you have some Dr from a Pharma company who blames genetics for morbid obesity advising the gov on the new “food pyramid”. Oh and her company sells a shoddy weight loss drug that’s less effective than walking 20 mins a day. That is utter (udder? Lol) bull shit.

So, an increase in money supply will not cause inflation, as long as the resources are there and production is up…but an increase in money supply will cause a lack of resources and lack of production?

That is what you have written.

Ha! No kidding?

I almost ended up in Florida during the Exodus of that time period. I have a ton of family down there on both coasts.

Actually, in '84, when I was 12, a whole gang of guys from the place my dad worked picked up and moved down to West Palm Beach. We went with them to scope out the area and job market.

Thats why there are so many Steelers fans all over the place too.
Edit: had to check because that population statistic was crazy. Don’t know why I thought that.

That was a crazy time to be alive.

Wasn’t there a pretty bad economic “recession” during the early 80s? I recall my father telling me that’s why he joined the Air Force then.

Yeah, the midwest industrial regions were also hit very hard.

It was massive. Near complete shutdown/collapse of our industrial production base.

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Yes.

And where they weren’t the cause, they didnt help. Shows you how useful a union is.

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You think productivity = profit because the news said so? That’s incredible.

Any increase is likely tied to increased efficiencies (lower CPU) and/or capital (stock market growth) not increased productivity.

Probably.

A few CEOs are making this in total compensation. Most CEOs are making 10x-30x at most, but I get it, you think every CEO is Jeff Bezos.

I can certainly fathom it. I just also understand there are CEOs with double mortgages on their homes barely scrapping by to make payroll so their employees don’t starve.

Your biggest issue has always been your black and white view of the world coupled with a complete lack of understand or experience in all of the things you talk about.

10.5 million open jobs.