An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
Mike none of the dumb Art degree journos and economists have ever taken a course in Finance and Accounting Science… so when you illustrate via the DTS that fiscal transfers will INCREASE under (alleged) “quantitative tightening taper!” they can’t even understand the first thing you are talking about…
Same thing as Art Degree unqualified diversity hire Energy Secretary Jennifer Granholm the other day had no idea how much oil the US consumes in a day…. It’s right in the EIA reports her department publishes…
Or the dumb Art Degree Fed people who had a RRR of 10% of deposit liabilities in Sept 2019 then in their own H.8 report accounted for 13T of deposits so they adjusted Reserve Assets below $1.3T and the Fed funds market had no offers…
You are dealing with dumb unqualified moron people across the board.,
“ Born in Vancouver, British Columbia, Granholm moved from Canada to California at age four. She attended the University of California, Berkeley, graduated with a Bachelor of Arts degree in 1984 and then a Juris Doctor from Harvard Law School, where she served as editor-in-chief of the Harvard Civil Rights-Civil Liberties Law Review.”
Matt is unqualified to do analysis on human behavior. The way to long try to promote another epithet (art degree moron) does nothing to knowledge. ZERO! It’s a complete waste of time. But it is what you can expect from Matt.
“ Energy Secretary Jennifer Granholm the other day had no idea how much oil the US consumes in a day…. It’s right in the EIA reports her department publishes…”
Neither did you. It’s not a proof of anything that one cannot answer a question on standing foot. At least she acknowledged that she didn’t have those numbers at hand.
It’s only political idiots who try to try to draw conclusions out of that.
lol yes I did and have ever since I had an interest in investing… I know what global consumption is too… I know the current risk free rate of interest too, I know what the rate is on a 30 yr conforming home mortgage, I know the 10yr UST rate, I know what a kW of electricity costs, etc..
These are things and types of things one has to be consistently aware of if one works in material systems administration and management..
It’s not a waste of time to point out that we have a problem being caused by many people being put into positions of authority in material systems administration trained under a deficient methodology towards that purpose …
All one needs to complete a college major in accounting is a basic algebra (Algebra 1 only) course. That's all. I should know -- I got a degree with an accounting major
S400 would rather believe some Art Degree fictional “neoliberal conspiracy!” theory than empirical evidence of technical incompetence by the Energy Secretary…
” It’s not a waste of time to point out that we have a problem being caused by many people being put into positions of authority in material systems administration trained under a deficient methodology towards that purpose …”
It’s not what you did. You whined about a person not giving an answer on standing foot. And worse, it was something that the journalist easily could look up by himself/herself.
Complete waste of time. And of course making you look even more stupid, if that is possible.
You have to include a Benjamin *wink wink*
ReplyDeleteMike none of the dumb Art degree journos and economists have ever taken a course in Finance and Accounting Science… so when you illustrate via the DTS that fiscal transfers will INCREASE under (alleged) “quantitative tightening taper!” they can’t even understand the first thing you are talking about…
ReplyDeleteSame thing as Art Degree unqualified diversity hire Energy Secretary Jennifer Granholm the other day had no idea how much oil the US consumes in a day…. It’s right in the EIA reports her department publishes…
Or the dumb Art Degree Fed people who had a RRR of 10% of deposit liabilities in Sept 2019 then in their own H.8 report accounted for 13T of deposits so they adjusted Reserve Assets below $1.3T and the Fed funds market had no offers…
You are dealing with dumb unqualified moron people across the board.,
https://en.wikipedia.org/wiki/Jennifer_Granholm
ReplyDelete“ Born in Vancouver, British Columbia, Granholm moved from Canada to California at age four. She attended the University of California, Berkeley, graduated with a Bachelor of Arts degree in 1984 and then a Juris Doctor from Harvard Law School, where she served as editor-in-chief of the Harvard Civil Rights-Civil Liberties Law Review.”
She’s a civil rights lawyer…
(And uh oh she might be Canadian! :p )
What would a civil rights lawyer care about a rate of consumption?
ReplyDeleteWhat would she care about the rate of fiscal transfers via the interest income channel?
Probably hasn’t had a Mathematics class since 10th grade..,,
These are the type of people we are dealing with…. ie UNqualified…
Take all their money. They're unqualified to hold it.
ReplyDeleteShe’s probably broke and needed the job…
ReplyDeleteMatt is unqualified to do analysis on human behavior.
ReplyDeleteThe way to long try to promote another epithet (art degree moron) does nothing to knowledge. ZERO! It’s a complete waste of time.
But it is what you can expect from Matt.
“ Energy Secretary Jennifer Granholm the other day had no idea how much oil the US consumes in a day…. It’s right in the EIA reports her department publishes…”
ReplyDeleteNeither did you. It’s not a proof of anything that one cannot answer a question on standing foot. At least she acknowledged that she didn’t have those numbers at hand.
It’s only political idiots who try to try to draw conclusions out of that.
“ Neither did you.”
ReplyDeletelol yes I did and have ever since I had an interest in investing… I know what global consumption is too… I know the current risk free rate of interest too, I know what the rate is on a 30 yr conforming home mortgage, I know the 10yr UST rate, I know what a kW of electricity costs, etc..
These are things and types of things one has to be consistently aware of if one works in material systems administration and management..
Art degree dipshits need not apply…
It’s not a waste of time to point out that we have a problem being caused by many people being put into positions of authority in material systems administration trained under a deficient methodology towards that purpose …
ReplyDeleteIt’s the main problem in Economics..
Accounting is a science?
ReplyDeleteAll one needs to complete a college major in accounting is a basic algebra (Algebra 1 only) course. That's all. I should know -- I got a degree with an accounting major
It is if it taught via science degree methodology..,
ReplyDeleteS400 would rather believe some Art Degree fictional “neoliberal conspiracy!” theory than empirical evidence of technical incompetence by the Energy Secretary…
ReplyDeleteEnergy is very important... you'd think they'd have a czar in place of a lowly secretary...
ReplyDelete” It’s not a waste of time to point out that we have a problem being caused by many people being put into positions of authority in material systems administration trained under a deficient methodology towards that purpose …”
ReplyDeleteIt’s not what you did. You whined about a person not giving an answer on standing foot. And worse, it was something that the journalist easily could look up by himself/herself.
Complete waste of time. And of course making you look even more stupid, if that is possible.
Your degree doesn’t help here.