Eisenhower
02.03.2026 00:12
π 15607
π 5836
π¬ 375
π 336
Eisenhower
This doesn't look good.
:(
www.aa.com.tr/en/world/rus...
With Russian military failures the risk of nuclear attack increases.
:(
The spending, maybe, depending on how it's spent.
Demand is rising, and far exceeds production of approximately 13.5 million BPD:
"Total products suppliedβa proxy for U.S. oil demandβrose to 21.2 million barrels per day over the last four weeks, up 4.1% compared to the same period last year."
Not good:
The primary, defining institutional arrangement characterizing the relevant context is that of a βtax-drivenβ state currency and flexible exchange rates. By state currency we mean to indicate there is a government that taxes and has a monopoly of issue. A flexible exchange rate is commonly referred to as a βfiatβ currency, in other words, a state-issued currency convertible only into itself (Keynes 1930), as op posed to a fixed exchange rate policy such as a gold standard or other convertibility to any other commodity or currency fixed by the state of issue
We are now in a position to demonstrate our proposition: the natural rate of interest is zero. First, to reiterate the argument thus far: Under a state money system with flexible exchange rates, the monetary system is tax driven. The federal government, as issuer of the currency, is not revenue constrained. Taxes do not finance spending, but taxation serves to create a notional demand for state money. Spending logically precedes tax collection, and total spending will normally exceed tax revenues. The government budget, from inception, will therefore normally be in deficit, which also allows the nongovernment sector to βnet saveβ state money (this in fact has been observed in all state currencies).
If you haven't read, this may be helpful in answering your question.
The Natural Rate of Interest Is Zero
by @mathewforstater.bsky.social and @wbmosler.bsky.social.
Via moslereconomics.com
moslereconomics.com/wp-content/g...
No clue that reducing the trade deficit is a negative supply shock that removes approximately that much from the US standard of living:
www.msn.com/en-us/money/...
Goolsbee also pointed out that goods with higher tariffed content have tended to experience larger price increases. He described a 3% policy rate as a "loose" estimate of the neutral rate.
β¦neutral rate has no application for the $US floating exchange rate policyβ¦,β writes @wbmosler.bsky.social in thread post below.
Goolsbeeβ¦described a 3% policy rate as a "loose" estimate of the neutral rate.
Via @yahoofinance.com
finance.yahoo.com/news/fed-goo...
The US in no way needs or benefits from this:
www.cnbc.com/2026/02/18/t...
Fyi, I started the USVI Green Party with a Facebook page and I'll be running for Governor of the USVI in November.
Draft platform:
He redefines currency as a tax credit rather than simply a medium of exchange, showing that the government, as a monopoly issuer, sets the price level through its spending. Thus, unemployment and price instability are political choices, not economic necessities. Mosler also explains that higher interest rates, contrary to mainstream belief, are inflationary and regressive, as they increase government deficits and private sector financial assets.
THINK BRICS: The Monetary Sovereignty Thesis: Warren Moslerβs Nobel-Worthy Insights
Via @wbmosler.bsky.social
moslereconomics.com/2025/07/15/t...
Ongoing decoupling leading the $US down, as the US standard of living suffers accordingly via the 'affordability' channel:
Don't over think it. Trump goes largely by looks:
edition.cnn.com/business/liv...
Trump ended the war but not so much the actual fighting:
They are in a cage fight.
Taking sides misses the point.
www.timesofisrael.com
US fighting a 3 front war with Venezuela, Greenland and Minnesota...
www.timesofisrael.com
Maybe this war isn't over.
:(
www.timesofisrael.com/idf-says-6-g...
In America you drop your kid off at school, get your brains blown out on the ride home, then the Vice President drops everything for a week to call you a terrorist, to slander your family, to protect the circumstances that led to your death so they can do it again. It is government by Alex Jones.
