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"It's bleedingly obvious in the data, and they ignore it because credit's not part of their model." --- Join ~10,000 Other Truth-Seekers by Downloading my new 'Funny Money' Bundle for Free at https://new.stevekeenfree.com Are you an engineer, finance, or IT professional? If you are, the 7-Week Rebel Economist Challenge is for you. If you qualify, I will work closely with you every week to install 50+ years of real economics into you, in only 7 weeks. Working closely with the 5 best applicants this week. Apply here: https://apply.stevekeenfree.com -- Who is Dr. Steve Keen? Dr. Steve Keen is an influential economist who has dedicated over 50 years to challenging mainstream economic theories. Since his days as a university student, he has been engaged in a David vs. Goliath battle
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"It's bleedingly obvious in the data, and they ignore it because credit's not part of their model." --- Join ~10,000 Other Truth-Seekers by Downloading my new 'Funny Money' Bundle for Free at https://new.stevekeenfree.com Are you an engineer, finance, or IT professional? If you are, the 7-Week Rebel Economist Challenge is for you. If you qualify, I will work closely with you every week to install 50+ years of real economics into you, in only 7 weeks. Working closely with the 5 best applicants this week. Apply here: https://apply.stevekeenfree.com -- Who is Dr. Steve Keen? Dr. Steve Keen is an influential economist who has dedicated over 50 years to challenging mainstream economic theories. Since his days as a university student, he has been engaged in a David vs. Goliath battle
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Merijn T. Knibbe writes Windows in the past. Some words on glass, the importance of repairing broken windows and GDP.
Angry Bear writes Early Read on Existing Home Sales in August
NewDealdemocrat writes Industrial and Manufacturing Production Rebounded Strongly in August
Angry Bear writes Lots of Shoulds and Coulds in a Recital of a Potential Heart in the Harris-Walz Economic Policies
| "It's bleedingly obvious in the data, and they ignore it because credit's not part of their model." --- Join ~10,000 Other Truth-Seekers by Downloading my new 'Funny Money' Bundle for Free at https://new.stevekeenfree.com Are you an engineer, finance, or IT professional? If you are, the 7-Week Rebel Economist Challenge is for you. If you qualify, I will work closely with you every week to install 50+ years of real economics into you, in only 7 weeks. Working closely with the 5 best applicants this week. Apply here: https://apply.stevekeenfree.com -- Who is Dr. Steve Keen? Dr. Steve Keen is an influential economist who has dedicated over 50 years to challenging mainstream economic theories. Since his days as a university student, he has been engaged in a David vs. Goliath battle against conventional economic models. Holding a Ph.D. in economics, Dr. Keen is well-known for his critical analysis and advocacy for more realistic economic approaches. His work emphasizes the importance of accounting for financial instability and incorporates elements of complex systems theory. Engineers, finance professionals, and IT experts will appreciate his methodical breakdown of economic phenomena and his development of the Minsky software, which models financial crises. Dr. Keen's contributions are crucial for anyone seeking a deeper understanding of how economic systems can impact technological and financial environments. His teachings offer valuable insights into the economic forces shaping our world. By following his analysis, professionals can gain a better grasp of economic dynamics that influence their fields. |
Yeah mr i net
Troll back
You ain't going to get no constitutional rights or otherwise buried in some layer of a smart contract the entire idea is ridiculous
Come take a piece of their action to protect American legacy industry crush globalist an short sellers
Canadian Pacific Kansas City reported a second-quarter profit of $905 million Canadian dollars. The headline "Canadian Pacific Kansas 2Q Net C$903M >CP," published at 4:05 p.m. ET on July 30, misstated the net income figure.
(END) Dow Jones Newswires
August 13, 2024 11:03 ET (15:03 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
Nice short term spike to 150 from 70 onto comsumers pockets from short firms is a nice payment's transfer the fed can handle it
Even capture some of those people who ran out of those other railway companies that were just recently in the news for causing catastrophes
See above comment the nuance
Because they don't want you to be able to follow their shells and see how the money was transferred
They're going to do nothing but deny it as the price skyrockets
Is poetry in motion for them to fall on their own sword
That's one way for sick residents to get some of their livelihood back
Forget the even more dangerous way to Target the central banks directly
Ampe ampio pharma
formally amex
Do whatever it takes to buy in
We will see if the if reserves leave the system or not
Hello! Shared!
Do margin loans via a stock broker add to the aggregate demand or how's the accountancy for those types of goods/services?
I would think so if the margin loans work the same way as the other fractional reserve banking loans.
Yes, though they add directly to demand for shares rather than goods and services.
However, if you've seen The Wolf of Wall Street, you'll know that indirectly–through brokers' incomes and bonuses–it pays for lots of goods and services too. Cocaine, call girls…
ok but if we compare it straight to GDP it's not a 1:1 thing..
What happens when you split employment into (public sector vs. private sector) in terms of employment volatility. I would imagine public sector employment would cushion volatility in the aggregate.
Massive deficit spending over the last 25 years. Why has deficit spending failed?
Failed? Deficit spending is the only reason we don't have a depression. What is it you think it has failed at?
@@SomeOne1121 Well look at Argentina. Massive cuts by El Loco. Economy turned around.
I'll ask again. Economy is dire. Why has Keynsian spending on steriods not worked?
@@BenjaminChode-t4b Why hasn't it worked for Argentina? What do you define as "worked"? Worked for whom?
@@BenjaminChode-t4b Because it hasn't been on steroids, it's been on life support (until Covid and after).
@@ProfSteveKeen You are saying go for Keynsian deficit spending on steriods. That's been happening precovid for a couple of decades. I'm sure your software can produce the graph. It's was happening like mad in covid. It's been happening since.
Your Keynsian idea is that we must be booming. We aren't. Look back at the new deal. What percentage of GDP was the new deal? 1%. We've been running at 10-15%
You don't like that because it says your theory is wrong.
So what's the real problem? 30% of state spending on debts.
Redistribution of pension contributions is the big problem. Wealth inequality, austerity, lack of investment, pensioner poverty, low take home pay, all directly caused.
So in your models, what numbers do you have for the non borrowing debts?
Professor, stop! He's already dead!
Are you sure? He could be undead…
Pls steve if its not being problem remove the effect on your mouse at oeast for me its a bit ruining the video experience
OK. I used a large cursor for my online lectures. i can make it smaller for these videos in future–though there are 4 more to come that have been recorded with the large pointer.
@@ProfSteveKeen the pointer on it self is great that its large it helps but there is a visual effect on it that creates a tale behind it. That visual effect if it goes away will be better the size its fine
We are done stanning Paul Krugman. I am now best friends with John Kenneth Galbraith.
Is Lex on tranquilizers ? Christ
If only aggregate spending power weren’t reduced when we pay off our overdrafts, loans and credit card balances…
What is this "paying off loans and credit card balances" you speak of? /sarcasm