Wednesday, May 11, 2016

Scott Fullwiler — link to my twitter storm from Monday on Trump's proposals for reducing interest on national debt

13 comments:

Matt Franko said...

"16. In the end, kudos to Trump for bringing sov currency into potus debate, BUT he's 100% wrong on (a) debt buyback proposal (b) cb & tsy ops"

Well maybe he would change CB and Treasury ops...

Matt Franko said...
This comment has been removed by the author.
Matt Franko said...

"14. What Trump also misses--buying back debt when rates rise=reserve bals at IOR=tgt rate or Fed drains w/ OMO sale of Tsy to pvt sector."

"what Trump also misses...." LOL

Hey genius, how many fing people on planet earth do you think even know what the F you are talking about here?

LOL... check that, how many PhD "economists" do you think even have HALF a clue about what you are fing talking about here?

You people kill me...

Six said...

To summarize Matt's "argument":

"You're stupid because everyone is too stupid to understand what you're saying"

Bob said...

Lets just say that Twitter is not the best venue for discussing economics.

Matt Franko said...

Six right maybe he should give Trump an "F"' that ought to show him....

Or maybe Trump is part of the vast "neoliberal conspiracy!"...

#pedagogyfail

Matt Franko said...

Six you're right... The academe of economics is a moron club but golf club developer Trump has the problem....

Simsalablunder said...

"what Trump also misses...." LOL

Hey genius, how many fing people on planet earth do you think even know what the F you are talking about here?"

Hey genius, shooting the messenger is the right wing way to go?

" The academe of economics is a moron club but golf club developer Trump has the problem...."

Hey genius, so Trump doesn't have a problem, because others have a problem? Yeah that solved Trump's problem…

Matt Franko said...

LOL here is Smith PhD from above:

" that the Fed can keep printing money to pay off the national debt, and banks will just stick that money in their vaults, keeping a lid on inflation."

ie 'banks lend out the reserves..." and 'quantity of money'....

When even the BOE people have long ago published that this is an incorrect view of the system...

And we are supposed to think TRUMP has the problem??????

And watch these idiots will probably invite Smith TO PRESENT at their next conference wait for it....

Matt Franko said...

Then Smith will get a cover story on Time Magazine on how hyperinflation is right around the corner....

Tom Hickey said...

A reason Twitter is so popular among many of the intelligentsia is that 140 characters makes what's said pretty vacuous but you can say things that look smart. It's just dumbing down.

Simsalablunder said...

"And we are supposed to think TRUMP has the problem??????"

RLOLMTIRLAOS
And we are supposed to think Trump don't have a problem because others have a problem????????????????????!!!!!!!!!!!!
Man what crappy arguments you come up with.
Of course Trump is responsible for what he says. No fanatic right winger can change that with some repeated lame giant baby wining argument that others do the same wrong too.

Detroit Dan said...

I agree with Bob. The Twitter Storm format was pretty bad. I'm a fan of Fullwiler, but would prefer complete sentences.