Monday , May 6 2024

Correction

Summary:
You can't correct someone making a reification error by employing even more figurative ("pizza!") language: Nope! The federal budget is not like a pizza. With a pizza, cutting someone a bigger ? does indeed leave a smaller pie to ➗ up among everyone else. The gov’t budget is different! It’s not a zero-sum game. We can fund other priorities even as interest payments rise. #HereToHelp https://t.co/FDhBZWDOki — Stephanie Kelton (@StephanieKelton) November 19, 2019 This "pizza!" metaphor will have no effect here...

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Lars Pålsson Syll writes Monte Carlo simulation explained (student stuff)

Mike Norman writes Corporate buybacks

Mike Norman writes Month end settlements

Angry Bear writes Biden finalizes rule opening up Obamacare to DACA recipients


You can't correct someone making a reification error by employing even more figurative ("pizza!") language:

This "pizza!" metaphor will have no effect here...

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *