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380kmh's profile
Haunted Forrest 🌲
Haunted Forrest 🌲
Haunted Forrest  🌲
@380kmh

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Haunted Forrest  🌲

@380kmh

#TrainTwitter - trains & train stations - passionate opinions on public transit & civic design - transit bureacrat, but all views here are my own

Pioneer Valley
patreon.com/380kmh
Joined March 2011

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    1. know nothing‏ @robvfour 14 Feb 2017
      Replying to @garrettlgray @380kmh

      doesn't disconnect it per se, think of it more like a weighted average.

      1 reply 0 retweets 2 likes
    2. know nothing‏ @robvfour 14 Feb 2017
      Replying to @robvfour @garrettlgray @380kmh

      value of £ is a reflection of london's successes and poor ex-mining towns.

      1 reply 0 retweets 1 like
    3. Spooky Parmenides‏ @garrettlgray 14 Feb 2017
      Replying to @robvfour @380kmh

      In international exchange, sure, but this is only small part of value in daily life for poor ex miners

      1 reply 0 retweets 0 likes
    4. Haunted Forrest  🌲‏ @380kmh 14 Feb 2017
      Replying to @garrettlgray @robvfour

      the value of the pound controls the cost of imported goods to the UK, ergo cost of living...

      1 reply 0 retweets 1 like
    5. Haunted Forrest  🌲‏ @380kmh 14 Feb 2017
      Replying to @380kmh @garrettlgray @robvfour

      ...and it also determines how much UK exports can be sold for overseas, helping or hurting local production

      2 replies 0 retweets 1 like
    6. Haunted Forrest  🌲‏ @380kmh 14 Feb 2017
      Replying to @380kmh @garrettlgray @robvfour

      exports pay for imports, so what happens when your local economy can import things that *its* exports didn't buy?

      1 reply 1 retweet 1 like
    7. Spooky Parmenides‏ @garrettlgray 14 Feb 2017
      Replying to @380kmh @robvfour

      Local production can pay for imports too, this has not yet been understood

      1 reply 0 retweets 1 like
    8. Haunted Forrest  🌲‏ @380kmh 14 Feb 2017
      Replying to @garrettlgray @robvfour

      local production does pay for imports! all imports are paid for by some kind of production, question is whose

      1 reply 0 retweets 1 like
    9. Spooky Parmenides‏ @garrettlgray 14 Feb 2017
      Replying to @380kmh @robvfour

      And the conventional answer is, "Only those sold overseas." This is not correct, societies generate absolute wealth

      2 replies 0 retweets 1 like
    10. Haunted Forrest  🌲‏ @380kmh 14 Feb 2017
      Replying to @garrettlgray @robvfour

      yes, the core error is thinking that sovereign states are useful economic units (only cities are)

      3 replies 1 retweet 2 likes
      Haunted Forrest  🌲‏ @380kmh 14 Feb 2017
      Replying to @380kmh @garrettlgray @robvfour

      if you make a chair in Portland ME, sell in Portland OR, is that "sold overseas?" technically no, functionally yes

      2:37 PM - 14 Feb 2017
      • 2 Retweets
      • 2 Likes
      • Spooky Parmenides Roman ☩Ching🎃olic☭ 履義 ن
      1 reply 2 retweets 2 likes
        1. Spooky Parmenides‏ @garrettlgray 14 Feb 2017
          Replying to @380kmh @robvfour

          Dagnabit, you're gonna make me write a white paper on this

          0 replies 0 retweets 1 like
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