@ErikVoorhees @BrendanEich productivity changes affect the value of money too.
@samselikoff @ErikVoorhees @BrendanEich under normal circumstances increasing money increases prices.
-
-
@wycats@ErikVoorhees@BrendanEich in all circumstances, increasing s of money puts upward pressure on prices -
@samselikoff@ErikVoorhees@BrendanEich if I make money and bury it it has no effect. If the bank can't lend it at any rate it's the same. -
@wycats Since when has that been a prob? "Fog a mirror" loands for houses, pre-08, are back. For cars too.@samselikoff@ErikVoorhees -
@BrendanEich@samselikoff@ErikVoorhees response is direct and quick when demand is saturated, sluggish when shortage of demand. -
@wycats Simple govt-num chart: Fed Z1 vs. BEA GDP series: http://market-ticker.org/akcs-www?get_gallerynr=1840 …. Fake demand w/ fraudulent debt.@samselikoff@ErikVoorhees -
@wycats Required Glass-Steagall repeal, reg.cap, other malfeasance. Not exogenous "weather", not from the Sun.@samselikoff@ErikVoorhees -
@wycats Pre-08 Kyle Bass (Hayman Capital) sent PIs for fog-a-mirror mortgages, got 'em. He bought CDSes, won big.@samselikoff@ErikVoorhees -
@wycats Lack of "demand" via unsound/fraudlent debt is not the problem. Each unit of real GDP = X ergs of energy.@samselikoff@ErikVoorhees - 7 more replies
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.