it seems clear that, In Real Life, very high debt-to-GDP ratios are unstable; in mmt-speak, they compromise the government's vaunted ability to raise taxes, because taxes will have to be raised very suddenly and massively in order to fend off bond vigilantes (who would be presenting a sudden inflationary risk, under mmt terminology)
kinda wish fart hadn't been banned so I could have someone to argue this stuff with
Donkey KongPutting Nintendo out of business with AI nipsRegistered Userregular
edited April 2011
Oh hi honey! So I went to the doctor today, then picked up a few extra things for the baby. Oh boy! I used our slate card with blueprint. We can design our own plan to avoid interest by paying off diapers and things each month. And for the bigger stuff, we can pay down our balance faster to save money on interest. Bigger? Bigger.
One two three! nanananana
Chase Slate with Blueprint helps you save money on life's little surprises. Triplets! Start your path to saving today. Call 855-GET-SLATE.
Hulu, do advertisers pay you the same amount even though they know you're showing one person the same ad over and over?
Donkey Kong on
Thousands of hot, local singles are waiting to play at bubbulon.com.
it seems clear that, In Real Life, very high debt-to-GDP ratios are unstable; in mmt-speak, they compromise the government's vaunted ability to raise taxes, because taxes will have to be raised very suddenly and massively in order to fend off bond vigilantes (who would be presenting a sudden inflationary risk, under mmt terminology)
kinda wish fart hadn't been banned so I could have someone to argue this stuff with
reading mmt literature is like reading 60s economics literature
inflationary spirals all day, erry day. And, inherent to the nature of models which permit spiral behavior (where the price level is unstable), lots of dark insinuations about the political motivations of those involved. Plus ambitious and expansive new proposals of intervention to achieve some given social outcomes
it seems clear that, In Real Life, very high debt-to-GDP ratios are unstable; in mmt-speak, they compromise the government's vaunted ability to raise taxes, because taxes will have to be raised very suddenly and massively in order to fend off bond vigilantes (who would be presenting a sudden inflationary risk, under mmt terminology)
kinda wish fart hadn't been banned so I could have someone to argue this stuff with
Uh, uh, Laffer Curve!
Austerity measures lead to economic expansion!
Get your government out of my medicare!
Sorry, can't help you
fartacus, not, uh, I won't name names. But: fartacus, who was more lefty than I am :P
seriously though, the dustup is IMO pretty good evidence that econ needs more math, not less
so much goddamn ink spilled over clarifying basic matters, like stocks vs flows. the real areas of disagreement go shoveled under a rug in order to highlight the attention-grabbing parts.
ronya on
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JacobkoshGamble a stamp.I can show you how to be a real man!Moderatormod
Posts
WATCH OUT FOR CASS
I am a terrible nerd for just now discovering The Best Of Weekend Web
http://www.youtube.com/watch?v=CtxmOwFKSHg
first thing I did was format it
bye bye shitty HP media player
hello shiny sexiness 8-)
for 8 hours o_o
i doubt this
ask him, weiner
yeah, Choco and I were like that when we first started fucking too.
that was not the real kosh
we are all kosh
oh man
i am sweet on him
Daniel Kosh, from Komedy Kentrals Kosh.0, duh.
Jacob I would imagine.
you should have quit while you were ahead
or irrelevant. possibly infinite.
it seems clear that, In Real Life, very high debt-to-GDP ratios are unstable; in mmt-speak, they compromise the government's vaunted ability to raise taxes, because taxes will have to be raised very suddenly and massively in order to fend off bond vigilantes (who would be presenting a sudden inflationary risk, under mmt terminology)
kinda wish fart hadn't been banned so I could have someone to argue this stuff with
probably not as handsome as tosh
ahahah
You're not the boss of me, Nerd.
One two three! nanananana
Chase Slate with Blueprint helps you save money on life's little surprises. Triplets! Start your path to saving today. Call 855-GET-SLATE.
Hulu, do advertisers pay you the same amount even though they know you're showing one person the same ad over and over?
Uh, uh, Laffer Curve!
Austerity measures lead to economic expansion!
Get your government out of my medicare!
Sorry, can't help you
My high school boyfriend WAS gay.
Oh man, junior year was hell.
I'm gonna fix a drink and LoL methinks
Sounds fun.
inflationary spirals all day, erry day. And, inherent to the nature of models which permit spiral behavior (where the price level is unstable), lots of dark insinuations about the political motivations of those involved. Plus ambitious and expansive new proposals of intervention to achieve some given social outcomes
fartacus, not, uh, I won't name names. But: fartacus, who was more lefty than I am :P
what the hell?
I think I got banned because, well my posts you see, I feel like people didn't like what I had to say, It was -
and I cut him off and said
oh my god you're about to say your posts were too real or some shit
and he said nononono of course not
and then 30 seconds later he said his posts were too real and that's why he got banned
Face Twit Rav Gram
so much goddamn ink spilled over clarifying basic matters, like stocks vs flows. the real areas of disagreement go shoveled under a rug in order to highlight the attention-grabbing parts.
hahahahahahaha
If you like techno, check out this week's RA podcast Marco Corola
Hopefully, this board will work long enough to actually chat.
Hah. It's been too busy for me 4 times in the last 5 minutes.
Face Twit Rav Gram