Thursday, April 14, 2016

Alan Pykes — Time Magazine Is Lying To You. Here’s Why


They're baaaaack!!!! Deficit zombies that would be.


Think Progress
Time Magazine Is Lying To You. Here’s Why
Alan Pykes
ht digby at Hullabaloo

18 comments:

Matt Franko said...

"This is false. The world’s investors continue to give us their money for historically low prices. "

Pykes is just as bad as Grant...

Footsoldier said...

The brainwashing, framing and propaganda continues in order to shrink the state and privatise social security that is their end game.

No doubt Krugman will be on his blog supporting it.

Matt Franko said...

Foot Grant is a fossil.... I used to read his shit back in the 90's....

He would look at things like "money supply!" and reserves would go from like idk like $30B to $40B (btw they are now like $4 TRILLION!) and he would say "we're gonna have inflation the money supply has grown by 33% in 90 days!!! "...

?????

Then the "money supply" grows by 13,000% and prices collapse....

Somehow the guy has maintained some sort of reputation.... Some of the MMT/Levy moron/idiot top-enders even have invited him to the Levy conferences...

Here:

http://www.levyinstitute.org/pubs/pro_Apr_09.pdf

They dont invite Mike but they invite Grant...

Simsalablunder said...

Yeah those MMT top-enders are to blame for whatever whenever Matt feels his political preferences isn't theirs. So we can expect more of this non competent babble from Matt regarding politics and MMT-top enders. It's become a fetish or something…

Auburn Parks said...

For sure Simsa-

Matt, what is up with your insults lately towards the MMT economists? They've done absolutely nothing to deserve this bullshit from you. Please stop as its making MNE look bad IMHO.

Matt Franko said...

Hey I'm not the guy inviting Grant to my conference....

How does the guy maintain credibility where he gets invited to write a cover story like this for Time?

They invite him to their conferences then he gets to write stuff like this and then they scratch their heads.... blame it on some sort of fantasy "neo-liberal conspiracy!"...

Hey how about dont invite him to your conferences in the first place?

I'd bar him from any conferences...

Matt Franko said...

auburn/salsa,

How can they complain about this article when THEY invite HIM to THEIR conference? How?

Auburn Parks said...

gee I don't know man maybe cuz I want to try to expose him to the other side. maybe try and change his mind or should we only talk to people who agree with us that's a pretty small f****** community

Auburn Parks said...

and all this is separate from the fact of you insulting them and calling them idiots. you just acknowledge that you're sorry unless you aren't and not do it again. I think it's embarrassing for the site and uselessly needlessly devisive. I mean I disagree with your racism towards Muslims but I don't call you an idiot or a moron we are on the same team here

Matt Franko said...

Well then why are we surprised where Tom writes "Their Baaaack "?

Well yes they are back they are right at the Levy Conference. ..

We should be reconsidering/examining these people's whole approach. ...

This Time article is prima facie evidence of complete failure.... sorry to bearer of the bad news..

Matt Franko said...

"maybe try and change his mind"

Well it appears it didn't work....

Simsalablunder said...

Are you saying that MMT top enders are the organizer of this conference?
Have it never occurred to you that who ever is the brain behind the conference is thinking in terms reconsidering/examining these people's whole approach but through discussions with them?

Six said...

Is Matt autistic?

Matt Franko said...

Yeah these people invite this idiot to their conference ... TO PRESENT (HELLO!)... and he submits this BS as his topic with impunity:

James Grant, Grant’s Interest Rate Observer: “Always the Same, Always Different”

What the F does that even mean?!?!?

And then I'M the one who is allegedly autistic???? LOL!

Matt Franko said...

"Hey great conference coming up.... we have Jim Grant coming to speak.."

"Oh Jim Grant? wow he is really smart... I'm definitely going to hear him speak can't wait... he is the one whom Ron Paul would appoint as Fed Chairman... he thinks we should get back on the gold standard and return to sound money... cant wait to hear that oh boy this is going to be good...."

Matt Franko said...

So you guys give Mike a bunch of shit for trying to establish a reporting service on pure fiscal flows... and yet you support a bunch of incompetent moron people who would invite a monetarist idiot like James Grant to spew his monetarist bibbel babble at their conference?

How do you guys square that up?

Simsalablunder said...

"So you guys give Mike a bunch of shit for trying to establish a reporting service on pure fiscal flows"

You really like to make fantasy conclusion in order to build straw men…

How about answering the question and perhaps provide some evidence.

Where does it say that _MMT top enders_ are the sole organizer of this conference? As far as I can tell the Levy Institute isn't a MMT only place. But if you have other information please pass it on.

Six said...

I don't recall "you guys" giving Mike a bunch of shit for trying to establish a reporting service on pure fiscal flows, but perhaps I missed it.

The conference in question was in 2009. Have the "moron MMT top enders" invited him back?