• 8 Posts
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Joined 5 days ago
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Cake day: October 23rd, 2024

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  • got through 40 minutes… but too long.

    sign of a desperate collapsing empire for US to vote for Trump, who threatens BRICS and everyone else with massive tariffs.

    Biden has been exceptionally skillful in strengthening the devotion level of colonies to US even as majority of the world moves away. Germany loves US’s bombing of Nordstream, FFS, and Australia spending equivalent share of GDP of US of $8T for imported nuclear subs to protect its trade with China from China, as a gauge for level of submission. US colonies are accepting recession to help prop up US economy.

    Trump’s style of overtly embarrassing everyone else can’t work as well. And certain collapse of alliances is certain to follow. Military coups in Europe will result if they don’t. US collapses without its colonies.


  • That said, the key thing here should be ensuring that the people of Ukraine benefit from their own resources

    Lyndsay Graham is one of the loudest neocon parasites. Even when he says this in front of Zelensky, you can be sure it is to help destroy Ukraine so that Blackrock can bid the lowest possible amount for them. There was plenty of opportunity prior to war for west or Russia to bid “fair prices for benefit of Ukrainian people” for resource development. Ukraine corruption meant that below fair prices were still possible then. Rock bottom prices is what is most likely now.


  • Strawman article. Money multiplier is mostly from fiscal policy.

    For monetary policy, all money not stored under a mattress is money that stays in the banking system. Bank profits/capitalization does impact credit appetitite, and a certain path to profits is provided by a Fed doing QE, where buying bonds becomes a sure thing that Fed will pay more than you did. Buying bonds is a bank activity that competes with credit, but fractional reserve helps give a sends of prudence to reinvesting low deposit rate funds, and having high fees for accounts, to maximizing reserve leverage at low risk.

    Redistribution from rich to poor, and oligarch to employee, is what boosts the money multiplier. Poor spend everything by definition, and employees feel confident in spending, such that all money flows back up to the oligarchs. Oligarchs trading paper does not boost economy/multiplier as much.