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MorlockP's profile
ⓘ Dogs don't have thumbs
ⓘ Dogs don't have thumbs
ⓘ Dogs don't have thumbs
@MorlockP

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ⓘ Dogs don't have thumbs

@MorlockP

Two-time Prometheus award-winning hard science fiction author. https://www.amazon.com/dp/B005JPPMS6  Learn how to homestead https://www.amazon.com/dp/B093BC3K1T 

Aristillus Crater, Luna
amazon.com/dp/B005JPPMS6
Joined June 2012

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    1. ⓘ Dogs don't have thumbs‏ @MorlockP 28 Oct 2019

      40/ > when you have a massive trade deficit first of all, it's rarely the case that there are real and prolonged deficits we export a lot of things. many of them are services. one of the big ones is "economic stability" when we export dollars, tons of them flow back >>>

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    2. ⓘ Dogs don't have thumbs‏ @MorlockP 28 Oct 2019

      41/ to buy things like "bank accounts denominated in American dollars" and "real estate subject to the rule of law".

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    3. ⓘ Dogs don't have thumbs‏ @MorlockP 28 Oct 2019

      ⓘ Dogs don't have thumbs Retweeted

      42/ slightly, yes, I am. The problem with hard money is that the money supply does not scale in sync with the overall economy. Remember "won't be crucified on a cross of gold" from high school history? that said, I like multiple competing currencies https://twitter.com/relicn0cer/status/1188973952015712258 …

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    4. ⓘ Dogs don't have thumbs‏ @MorlockP 28 Oct 2019

      ⓘ Dogs don't have thumbs Retweeted

      43/ ok, ALL SORTS of things are getting dragged in and conflated. what's the change in demand for housing? what's the change in supply of labor? what's the USG's actual (not official) policy on illegal aliens? have carpenters upped their productivity? https://twitter.com/Bobthewelder3/status/1188974485191479298 …

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    5. ⓘ Dogs don't have thumbs‏ @MorlockP 28 Oct 2019

      44/ also, any time I see statistics, I want to know WHAT DO THEY REALLY MEAN. In that graph that @Bobthewelder3 presents, what's the definition of "construction worker" in 1975? Today? What percent were crane operators then? Today?

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    6. ⓘ Dogs don't have thumbs‏ @MorlockP 28 Oct 2019

      ⓘ Dogs don't have thumbs Retweeted

      45/ there's some truth here, but also there's explicit PRC industrial policy, US policy (commoditizing compliments of our speciality which is high tech white collar products, and which crushes blue collar workers), also aspects of >>> https://twitter.com/Bobthewelder3/status/1188975865817899013 …

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    7. ⓘ Dogs don't have thumbs‏ @MorlockP 28 Oct 2019

      46/ "well, just bc Blue Collar Jim wants to earn $25/hr making Snap On wrenches is no reason to forbid @MorlockP from buying a $1 good-enough Chinese wrench" and also, of course, automation I wonder if the construction wages are falling bc of prefab etc

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    8. ⓘ Dogs don't have thumbs‏ @MorlockP 28 Oct 2019

      ⓘ Dogs don't have thumbs Retweeted

      47/ ok, fine, but neither one of these is topics that I chose to defend / am defending https://twitter.com/Bobthewelder3/status/1188976318345560065 …

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    9. ⓘ Dogs don't have thumbs‏ @MorlockP 28 Oct 2019

      ⓘ Dogs don't have thumbs Retweeted

      48/ well, sure One can't defend the use of copper in electric wiring without, at 5 removes, getting dragged into a debate about three toed sloths impacted by the train lines that carry workers to the factory that makes wire drawing machines https://twitter.com/Bobthewelder3/status/1188976671975755778 …

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    10. ⓘ Dogs don't have thumbs‏ @MorlockP 28 Oct 2019

      49/ but just because all things tie together does not mean that when I set out a thesis that I am willing to defend ("fiat currency is actually currency") that I am signing up to debate and/or defend every single topic in the field of economics.

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      ⓘ Dogs don't have thumbs‏ @MorlockP 28 Oct 2019

      50/ 50 is a good number. I'm done. Punching back into work after (checks clock) 1.5 hours of dinner and nonsense.

      5:33 PM - 28 Oct 2019
      • 11 Likes
      • 🍳Rogelio Vallejo🍳 🅱️ Frank Vance Jeff Pleimling Sentence Sentiment Mathematician Some Other Nick J.A. Sutherland SciFi Books Snake
      1 reply 0 retweets 11 likes
        1. Snake‏ @tigerboy74u 28 Oct 2019
          Replying to @MorlockP @Bobthewelder3

          More power to you brother, I appreciate you engaging. I agree that fiat money is real money, just generally interested in bigger picture discussions

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