an argument for a deflationary policy in the You Ess of Heeeeey

[Doktor Howl]

All these adjustments.

Seems to me that if capitalism were a car, it would be a Fiat.

[Disco Pickle]

 

I've actually always thought of it more as an art than a science.

[Phox]

I've actually always thought of it more as an art than a science.

Ah. So that makes you Andres Serrano, right? 

[Triple Zero]

All these adjustments.

Seems to me that if capitalism were a car, it would be a Fiat.

a Fiat Currency?

[Disco Pickle]

I've actually always thought of it more as an art than a science.

Ah. So that makes you Andres Serrano, right? 

The walls just aren't quite the shade of brown I like yet.

[Freeky]

I read Krugman.  I don't mind his politics, I'm sure he has his reasons for them.  I do not often agree with his economics.

But I still read what he writes, because he is a smart guy, and there should be room for disagreement on economic theory.

Hey Trip, your reply goes a long way toward confirming my belief that PD has more dicks than a 70's gang bang porno.  Probably more hair too.

I'm having a fucking fantastic day, btw.  Most of them are.

I wash my hands of you, you obnoxious scumbag.  Go die in a fire and roast in hell.

[Doktor Howl]

All these adjustments.

Seems to me that if capitalism were a car, it would be a Fiat.

a Fiat Currency?

OH, THAT'S THE ABSOLUTE LIMIT! 

[Doktor Howl]

Probably more hair too.

I was gonna argue that, but then I thought of my entire body below the neck.

[Elder Iptuous]

All these adjustments.

Seems to me that if capitalism were a car, it would be a Fiat.

a Fiat Currency?

OH, THAT'S THE ABSOLUTE LIMIT! 

Wait.... that wasn't intended?!

[Doktor Howl]

how the fuck is the rampant fraud and the not-quite-fraudulent carelessness and the politicians that are bought and owned by wall street to do nothing about it, how is that a monetary problem and not a regulatory one??

Our government has always been as crooked as Ron Jeremy's dick.  The problem isn't the crooks.  The problem isn't production.  

The problem is that our method of counting production is utterly upside down.

Let me say that in a different way:  The problem is entirely in our heads.  Our money is based on the idea that it's worth something.  We've come to trust that idea to the point where a pack of fat bastards can manipulate numbers - not reality, but numbers - to the point where they get all the benefits of production, and the rest of us swirl around the toilet bowl.

[Doktor Howl]

All these adjustments.

Seems to me that if capitalism were a car, it would be a Fiat.

a Fiat Currency?

OH, THAT'S THE ABSOLUTE LIMIT! 

Wait.... that wasn't intended?!

No.

Ever known someone who owned a Fiat?  Not the happiest fuckers in the world, are they?

BUT THEN I GOT OWNED BY A BELGIAN. 

[Triple Zero]

So how would you stop this thing where they wrap complicated stock option asset financial constructions in even more complicated things to evade regulations? They just make it complex enough until the risks are obfuscated enough and preferably won't come crashing down before the stockmonkey that invented it gets to retire.

If you don't regulate those things and let supply and demand flow its course, then people are completely free to run the most complex scams as they like, and these are not scams for suckers because they can really wrap them up until nobody (sometimes not even themselves) can fully comprehend the risk any more, in a very similar way that a skilled evil hacker with a 0-day exploit is dangerous to everybody and not just the suckers.

Right?

BUT THEN I GOT OWNED BY A BELGIAN. 

Heeheehee

[kingyak]

how the fuck is the rampant fraud and the not-quite-fraudulent carelessness and the politicians that are bought and owned by wall street to do nothing about it, how is that a monetary problem and not a regulatory one??

Our government has always been as crooked as Ron Jeremy's dick.  The problem isn't the crooks.  The problem isn't production.  

The problem is that our method of counting production is utterly upside down.

Let me say that in a different way:  The problem is entirely in our heads.  Our money is based on the idea that it's worth something.  We've come to trust that idea to the point where a pack of fat bastards can manipulate numbers - not reality, but numbers - to the point where they get all the benefits of production, and the rest of us swirl around the toilet bowl.

^
Yes. This.

[BabylonHoruv]

So how would you stop this thing where they wrap complicated stock option asset financial constructions in even more complicated things to evade regulations? They just make it complex enough until the risks are obfuscated enough and preferably won't come crashing down before the stockmonkey that invented it gets to retire.

If you don't regulate those things and let supply and demand flow its course, then people are completely free to run the most complex scams as they like, and these are not scams for suckers because they can really wrap them up until nobody (sometimes not even themselves) can fully comprehend the risk any more, in a very similar way that a skilled evil hacker with a 0-day exploit is dangerous to everybody and not just the suckers.

Right?

BUT THEN I GOT OWNED BY A BELGIAN. 

Heeheehee

Well, the truly libertarian option would be for the government to stop printing money entirely...

[Doktor Howl]

BUT THEN I GOT OWNED BY A BELGIAN. 

Heeheehee

Your day will come, commie.