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If only Elon would have said this. 
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If only Elon would have said this. 
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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Mike Norman writes An Explanation Of Why Taxes Don’t Fund Spending—And Why Elon Musk Is Wrong About The US Government Deficit — Jim Byrne
Mike Norman writes Reserve flows under debt ceiling
| If only Elon would have said this.  |
Dude I used to be in your shoes until I started realizing how stupid he is bc like you there are professionals in there own field like computer scientists, engineers , are calling him a fraud and that he doesn't know a thing about what he is talking about
I'm starting to think the same.
The guy lies about and has been caught cheating at video games. Claiming to be a world class player when he’s not even above average.
What we have is a culture that worships billionaires. Placing them on a pedestal. We'd have to destroy that culture to fix it.
The people voted for President Musk because the people are stupid.
Amazing intellect but self professed as Autistic
If they tell the truth they would lose their fear mongering bargaining powe
Warren Mosler is a better engineer than Elon in my opinion. Built a better car and has a better problem assessing/solving mind than musk. You can tell by listening for 5 minutes who’s using systemic analysis and who’s just looking for clicks.
Agreed.
Do you ever think they do know how it works, but communicate the mythology to keep people ignorant, and to keep the money and power concentrated with them?
I've been asked this many times, and I can tell you that, from my days at Fox News, I met a lot of these people, and every single time I caught them contradicting themselves. If they were cleverly hiding the fact that they knew the truth, they would have had their stories better thought out.
@@mikeydoggy it's so surprising to me. Even someone like Peter Thiel, one of the famous modern contrarians, and student of Rene Girard, repeats the debt nonsense all the time. It's hard for me to believe someone so penetrating has such an elementary view of the monetary system. How could he hear it once and not immediately know the truth? That's suspicious to me.
If what you say is so obviously true, why's it still called Modern Monetary THEORY?
THEORY is a body of principles.
The reasons are relative, evolutionary, cellular and atomic
@@mikeydoggy THEORY is also not fact.
@lostcause69420 there is Theory and then there is Practice. When studying a discipline you study the body of principles, and then you put them into practice by applying principles to actual practice.
@@lostcause69420The word you are looking for is "hypothesis". Theory is a body of knowledge, a way to understand something. Like music theory, for example.
You would think someone as smart as Elon musk if he is that smart. Would be able to figure out if the country issues its own currency it can't be in debt. You would think he would be able to figure that out
It's pathetic.
@@mikeydoggy you got that right
But they have to have their crash to usher in Technocracy energy credits (CBDCs).
Trump is 10 x as ignorant as Musk.
What people can’t understand, even though it’s printed on the bill itself, currency is promise note.
It’s based on trust.
A president that lies, undermines the currency.
Corruption, like it exists in other countries, also undermines currency.
I hear you mike and agree with you however I also think regardless of the lies of bankruptcy blah blah blah that it IS better for government to be small and to NOT spend as much into the economy. Lower T rather than grow G to get that GDP number where you want it. The larger G gets the amount of corruption EXPONENTIALLY increases and corruption, waste, fraud, abuse are ALL EXTREMELY INFLATIONARY because the output for dollars spent is by definition zero or close to zero. So overall even though Musk isn't explaining the truth behind the curtain of ex nihlio he is pushing the country into the right direction with lowering G significantly. They now need to lower T just as significantly. What do you think?
Oh my.
Instead of Elon doing so much harm he could do so much good if he just understood. It's a real shame a damn shame
If Musk and Trump want to be truly revolutionary and disrupt the system, telling the truth about monetary operations would be much more powerful than what they are currently doing.
Ask Wu-Tang explain.
I never believed the intellect skill of people like Musk, Bezos, Zuckerberg etc.etc It is not so difficult create a great business if you have tons of billions of dollars available. This people never should be involved with government power because thy think a country as a business. I hope someone ( as I believe ) is going to stop him in case of stupid decision.