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Messages - Mister Roboto

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31
Economics / Re: CHRISTMAS IN OCTOBER – DESPERATE MEASURES
« on: October 27, 2014, 05:13:27 AM »
The author forgot to add the Fed making it possible for the goobermint to roll over its massive debt by buying up a hefty share of the monthly USTreasury offerings with conjured money.

32
Market Flambe / Re: QEverlasting?
« on: October 27, 2014, 04:53:31 AM »
I suppose since QE is essentially an indirect form of old-fashioned money-printing, it debases the value of the US$, which in turn makes it incumbent upon the Fed to buy even more USTreasury TP because the debasement makes other bond-buyers shy away more from buying US goobermint debt, which is a pretty serious thing because there's a lot of debt to "roll over" every month.  And of course, I'm sure the Fed is buying those Treasuries with money conjured out of thin air just like it has been buying that dodgy financial paper with the same kind of "money".  It really is a wonder that the US Dollar Index has been able stay up in the eighty-range with all this money-printing, albeit indirect, going on right now.

I would also venture a guess is that QEverlasting has created something of a bubble in the financial markets, and bubbles always, always, always have to pop eventually in order to restore balance, and so the proverbial Masters of the Universe hope they can "taper" instead of going "cold turkey".  But the addiction to the bubble financing is so bad at this point, that even attempts at tapering off produce potentially lethal withdrawal symptoms.

33
Market Flambe / QEverlasting?
« on: October 26, 2014, 10:21:29 PM »
Okay, I know this about Quantitative Easing:  It's an extended program where the Federal Reserve buys dodgy financial paper from the big banks and finance-firms with money it essentially creates out of thin air.  This has been keeping the financial markets propped up for the past few years.  In fact, it has become a sort of monetary heroin that the markets would flame out badly without, from what I understand.

But now the Fed is talking about cutting back the supply of smack, and the markets reacted badly, recovering only when the Fed basically said, "JK!  ;D"  Can anyone explain to me like I'm five years old ("Explain Like I'm Five" began as a Reddit.com phenomenon) what adverse consequences of QE prevent the Fed from doing it forever if the financial markets need it so badly now?  I tried posing this question on a thread at TAE and got vague, mumbly pieties that actually explained nothing.  I'm looking for an economic nuts-and-bolts explanation of why QE is unsustainable.

34
Medicine & Health / Re: Vaccines: Penalizing the Unvaccinated?
« on: October 17, 2014, 04:58:00 AM »
I consider myself pro-vaccine and find the anti-vaxxer movement to be ignorant and dangerous.  But even so, I would really rather that we not become the sort of society that makes vaccination compulsory.  Let's just not "go there".

35
Medicine & Health / Re: Ebola: I See Dead People
« on: October 13, 2014, 10:03:27 AM »
I will admit that I don't like hearing that three out of four nurses don't feel ready to fight ebola.  That's very reality-based and very worrisome.   :(

36
Medicine & Health / Re: Ebola: I See Dead People
« on: October 13, 2014, 05:50:50 AM »
Well, the above article makes some points well worth considering, but still, idiots on the Internet running around with their hair on fire screaming about Koch-brothers conspiracies are not going to help us deal with whatever humanitarian crisis the ebola epidemic poses.  Fomenting such panic and paranoia will only help the aim of possible terrorists described by JD Wheeler a few posts up.  But, I realize that mere facts and reality matter precious little for the hair-on-fire crowd, so I guess the only thing left to do is break out the Sun Chips and enjoy the show.   ::)

37
Medicine & Health / Re: What if Ebola Comes to Amerika?
« on: October 12, 2014, 07:18:03 AM »
Some important non-hysterical information on the ebola epidemic from Slate.com:

Ebola is no measles:  That's a good thing

Ebola is not a weapon

I think it's important to keep our doom reality-based.    :icon_mrgreen:

38
Medicine & Health / Re: Cometh the Pestilence
« on: October 09, 2014, 04:56:08 AM »
Deadly diseases are just one method Nature uses to deal with animal species that are in very severe population overshoot, especially a species as supremely talented at disrupting the natural environment as we are.  Opening so many places to development and exploitation is a behavior much like breaking open eggs that have these deadly diseases inside them just waiting to be unleashed.

39
Economics / Re: The Death Rattle of Retail
« on: September 14, 2014, 07:00:14 AM »
Walmart sales are in the dumper?  Well, I bought a pink plastic jack-o-lantern basket there just last week, so I did my part.   ;D

40
Economics / Re: Your Recovery Without Drugs
« on: August 20, 2014, 05:11:40 AM »
Quote
We could have bitten the bullet in 2008 and accepted the consequences of decades of decadence, frivolity, materialism, delusion and debt accumulation. A steep sharp depression which would have purged the system of debt and punishment of those who created the disaster would have ensued. The masses would have suffered, but the rich and powerful bankers would have suffered the most. Today, the economy would be revived, saving and investing would be generating needed capital for expansion, and banks would be doing what they are supposed to do – lending money to businesses and individuals.

As I guess I should expect from TBP, this is pure libertarian gold-bug Kool-Aid.  Keynesian economics do work, but only during periods of sustained economic growth.  The Era of Growth is coming to an end because you can't have infinite growth on a finite planet.  Both the Keynesians and the Austrians don't want to admit that money is an abstract representation of energy and resources, and when energy and resources start getting scarce and can no longer sustain ongoing growth, the preferred bag of tricks of either camp will absolutely not return us to the Era of Growth.

41
The Kitchen Sink / Re: Coronal mass ejection doom
« on: July 29, 2014, 04:32:04 AM »
@Knarf:  Fair enough.  Just try to remember that it ain't a good idea to set off an insomnia-sufferer.  :-)

42
The Kitchen Sink / Re: Coronal mass ejection doom
« on: July 27, 2014, 10:04:38 PM »
Knarf, what the green holy fuck are you even talking about???   :icon_scratch:  Or are you just pulling an opportunity to do some "holier-than-thou" trolling out of your ass?   :emthdown:

43
Energy / Re: World Oil Production at 3/31/2014–Where are We Headed?
« on: July 27, 2014, 06:30:09 AM »
After reading this piece, I took a gander at the list of the world's top petroleum-producing countries.  I note that Canada is at number six and Iraq is at number seven, but Iraq is widely thought to have a lot of undiscovered potential in its western desert region.  If Iraq wouldn't have had such a destabilizing history over the past more or less three decades (the Iran-Iraq war sure didn't do Iraqi oil production any favors), I really do think Iraq would at the very least be more or less tied with Iran for world oil production.

44
The Kitchen Sink / Re: Coronal mass ejection doom
« on: July 27, 2014, 05:12:49 AM »
Yes, Surly, those private career colleges one sees advertised on The Maury Povich Baby-Mama Drama Hour are bucket-shop operations on a massive scale.

45
The Kitchen Sink / Re: Coronal mass ejection doom
« on: July 26, 2014, 06:28:55 AM »
Quote
This remains a problem with internet debate everywhere.

Ain't that just the Honest-To-Spirit truth.

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