tag:blogger.com,1999:blog-2761684730989137546.post7147465322208708254..comments2024-03-28T07:50:06.102-04:00Comments on Mike Norman Economics: Bill Mitchell — A circular system of nonsense–conventional media reporting on the monetary systemmike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2761684730989137546.post-35300335689858665092022-10-24T20:12:35.942-04:002022-10-24T20:12:35.942-04:00“But everyone has heard of fallacies involved in c...“But everyone has heard of fallacies involved in comparing oranges with apples.”<br /><br />Applied sciences compare stocks to flows (instantaneous quantity to its first derivative) all the time….<br /><br />How do you think nasa figures out how long it would take to go to the moon?<br /><br />You compare the current position to its first derivative….<br /><br />This “apples to oranges” figurative language is a weak refutation… in fact it is no refutation at all…Matt Frankohttps://www.blogger.com/profile/11978352335097260145noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-25345923149581816502022-10-24T10:49:38.900-04:002022-10-24T10:49:38.900-04:00According to right wingers, the circular system of...According to right wingers, the circular system of nonsense will soon be replaced with CBDCs. At which point, MMT will no longer apply.Peter Panhttps://www.blogger.com/profile/09473311771939167712noreply@blogger.com