tag:blogger.com,1999:blog-2761684730989137546.post8971635439722560797..comments2024-03-29T02:19:19.866-04:00Comments on Mike Norman Economics: Caution: MMT can be hazardous to your love life!mike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger22125tag:blogger.com,1999:blog-2761684730989137546.post-36750175320981336062011-02-11T19:54:01.314-05:002011-02-11T19:54:01.314-05:00TallBlonde & Mike, as a scientist, I go by emp...TallBlonde & Mike, as a scientist, I go by empirical evidence & if you want to persuade others who are rational, you have to provide empirical evidence & data --and here's some of the best empirical evidence for MMT w/ charts & statistics (note also that Japan(about 200% debt) & Singapore (about 118%+ debt) both have about 0% inflation, 3% to 5% unemployment, about 0% interest rates & GDP of 1% to 3%+ for the past decade or so despite their debt levels, proving that inflation is not caused by gov deficits per se --instead, energy prices/oil is the primary cause of inflation)<br /><br />1. http://rodgermmitchell.wordpress.com/2009/09/07/introduction/ --RodgerMitchell.com Daily Economics EVIDENCE by CEO/economist<br />2. http://bilbo.economicoutlook.net/blog/ --Daily Economics ANALYSIS by Professor Bill Mitchell, economics<br />3. http://moslereconomics.com/wp-content/powerpoints/7DIF.pdf --Seven Deadly Frauds of Economic Policy (PDF Link) by Bank CEO/economist Warren Mosler<br />4. http://MoslerEconomics.com/ -Daily Insightful & Most Accurate Economics Analysis by bank CEO/economist Warren MoslerPresidentThomasJeffersonhttps://www.blogger.com/profile/14053819196561153853noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-89948558008801628512011-02-07T14:04:28.990-05:002011-02-07T14:04:28.990-05:00great point Letsgetitdone!! I'm going to use t...great point Letsgetitdone!! I'm going to use that to "warm them up" in conversations. great call. :DMariohttps://www.blogger.com/profile/00905402431684735610noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-30630704946094228442011-02-06T13:57:51.373-05:002011-02-06T13:57:51.373-05:00That's why you send scouts out before you inva...That's why you send scouts out before you invade. If she's big liberal talk about FDR and the pity of spending cuts. If she's a big conservative, talk about Reagan and the pity of tax hikes. ("but its just printing money", you say "yeah that's what the liberals always told the Gipper").<br /><br />Remember too a woman only needs a one reason to say no to not sleep with you. But afterwords, "the burden of production" (as lawyers say), shifts. she only needs one reason to say yes to justify having slept with you. Save the controversial conversations till after you've sent her out to get breakfast and smokes. :o)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-78352195695623146762011-02-04T09:20:49.379-05:002011-02-04T09:20:49.379-05:00Mike, Great story. All of us MMT males can empath...Mike, Great story. All of us MMT males can empathize. <br /><br />I think you identified the choke point very well. It's the printing money/inflation thing. So maybe the remedy is to go on dates all ready with a homely story, about the choices business people have if Gov "prints money," at less than full capacity utilization. It's pretty easy to understand that most businessmen aren't going to raise prices, but will increase supply to meet demand instead. So, no demand-pull inflation, until full production capacity is reached.Letsgetitdonehttps://www.blogger.com/profile/07607539419260450949noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-43579750817306854462011-02-02T16:10:21.274-05:002011-02-02T16:10:21.274-05:00TB,
OK sorry, btw I will post a write up by Tom H...TB,<br /><br />OK sorry, btw I will post a write up by Tom Hickey which is a brief but I think very good explanation of the MMT, Tom is "not an economist" but otherwise he is a very highly educated and articulate person who I think has very good observations (perhaps consider it a 60-second M.B.A. specializing in monetary operations ;)<br /><br />Resp,Matt Frankohttps://www.blogger.com/profile/11978352335097260145noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-23721696229556649712011-02-02T15:45:57.776-05:002011-02-02T15:45:57.776-05:00Different LauraDifferent LauraTheTallBlondehttps://www.blogger.com/profile/06161565525463179440noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-8541053091712958622011-02-02T15:35:13.682-05:002011-02-02T15:35:13.682-05:00Now I'm confused (probably not difficult!)
Ta...Now I'm confused (probably not difficult!)<br /><br />Tall Blonde: Are you also the Laura that was debating WWS on some previous threads? And Mike's date?<br /><br />Different Laura?Matt Frankohttps://www.blogger.com/profile/11978352335097260145noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-55037410307227080052011-02-02T14:22:00.505-05:002011-02-02T14:22:00.505-05:00My name is Laura. No loser dude here.My name is Laura. No loser dude here.TheTallBlondehttps://www.blogger.com/profile/06161565525463179440noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-68412436406015428112011-02-02T13:32:34.326-05:002011-02-02T13:32:34.326-05:00This comment has been removed by the author.Mariohttps://www.blogger.com/profile/00905402431684735610noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-41622793476319238792011-02-02T13:32:18.225-05:002011-02-02T13:32:18.225-05:00that is hilarious Mike!!! Great story!!
hey it lo...that is hilarious Mike!!! Great story!!<br /><br />hey it looks like the lady might have chimed in here...but you the heck knows it's her and not some loser dude!!! <br /><br />Cheers mate!!! Remember...these days especially...economics IS politics!!!Mariohttps://www.blogger.com/profile/00905402431684735610noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-15613031759552483972011-02-01T17:48:19.287-05:002011-02-01T17:48:19.287-05:00I want to thank all of you for giving me a real la...I want to thank all of you for giving me a real laugh. Silly boys, I couldn't care less about Mike's economic policy. I am a big girl, with my own thoughts and theories and I love a spirited debate. I wanted to hear his opinion as he is an economist. I agreed with a lot of what Mike had to say, I just didn't agree with the MMT. Trust me, that had nothing to do with the fact that Mike didn't "score".TheTallBlondehttps://www.blogger.com/profile/06161565525463179440noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-68346159845432789792011-02-01T14:35:56.982-05:002011-02-01T14:35:56.982-05:00Mike,
You forgot that economics used to be called...Mike,<br /><br />You forgot that economics used to be called 'political economy' back in the days before those who weren't clever enough to do real physics moved in.<br /><br />And of course with the Austrians denial of empirical evidence gives you the very definition of a religion.<br /><br />So discussing economics allows you to hit on both religion and politics in one easy package.<br /><br />Definitely one to steer clear of on a date.Neil Wilsonhttps://www.blogger.com/profile/18178155357632397049noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-29118078283658413802011-02-01T12:06:25.150-05:002011-02-01T12:06:25.150-05:00Mike. Come on dude! Get back on the gold standard...Mike. Come on dude! Get back on the gold standard for a night just to get some.bubbleRefugehttps://www.blogger.com/profile/17519418009762139033noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-83424935634729379162011-01-31T23:53:12.046-05:002011-01-31T23:53:12.046-05:00Mike, you should have just directed her to your bl...Mike, you should have just directed her to your blog. Or Billy's place. Or Kansas City. Or Warren's place. <br /><br />And then shut the hell up about it. <br /><br />Getting laid is much more important than talking economics. <br /><br />BTW, a similar thing happened to me when I got in a discussion about religion with this chick and told her I was agnostic. Big mistake. If I had known she was going to freak out, I would have been quoting bible verses and pretending I was born again. She was seriously hot and worth it. <br /><br />Bottom line: don't discuss religion or politics on a date.Seethinghttps://www.blogger.com/profile/11443882016885310002noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-1948424929111180342011-01-31T18:32:33.341-05:002011-01-31T18:32:33.341-05:00"You should be writing macroeconomic romance ..."You should be writing macroeconomic romance novels."<br /><br />Now that is a novel way to get the point across. (pun intended). MMT might conquer the world through that venue. :)Tom Hickeyhttps://www.blogger.com/profile/08454222098667643650noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-75071080445142340212011-01-31T17:18:17.129-05:002011-01-31T17:18:17.129-05:00Jim,
I used Copernicus, too. Maybe that's wha...Jim,<br /><br />I used Copernicus, too. Maybe that's what did it!mike normanhttps://www.blogger.com/profile/03296006882513340747noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-2492354651224971772011-01-31T16:42:58.791-05:002011-01-31T16:42:58.791-05:00hahaha! great question, matt!hahaha! great question, matt!Joehttps://www.blogger.com/profile/06130159246198203762noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-76112496618162995732011-01-31T16:33:10.161-05:002011-01-31T16:33:10.161-05:00For the record, nobody thought the earth was flat ...For the record, nobody thought the earth was flat in Columbus' time. The debate was over the circumference of the earth, and whether you could make it to the Indies without starving to death. It so happened Columbus was wrong, but got lucky that there was a continent nobody knew about halfway where he could restock.<br /><br />I do know that glassy-eyed look, the look that signals "You are a crazy person and I am not listening to anything you say". Once you get it, you might as well stop talking.Jim Bairdhttps://www.blogger.com/profile/01515091154037683897noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-6152942752732586042011-01-31T16:18:24.560-05:002011-01-31T16:18:24.560-05:00Mike,
That was the funniest thing I have read in ...Mike,<br /><br />That was the funniest thing I have read in weeks. Sorry Mike. I think you missed your calling though. You should be writing macroeconomic romance novels.welfarewarfare statehttps://www.blogger.com/profile/18188909985707356639noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-58795717208964952092011-01-31T14:39:41.050-05:002011-01-31T14:39:41.050-05:00OK. I've learned the lesson. Thanks!OK. I've learned the lesson. Thanks!Stephanhttps://www.blogger.com/profile/01963650071969867405noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-50893711852635534312011-01-31T14:39:12.926-05:002011-01-31T14:39:12.926-05:00Mike,
"tall....blonde..." You didn&#...Mike,<br /><br />"tall....blonde..." You didn't patch it up with Ann Coulter did you? ;)<br /><br />Mike, Tom has of course made the best points here, you have a lot of integrity.<br /><br />Resp,Matt Frankohttps://www.blogger.com/profile/11978352335097260145noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-89751508750704123172011-01-31T13:32:12.409-05:002011-01-31T13:32:12.409-05:00MIke, I filter early on vital issues like attitude...MIke, I filter early on vital issues like attitudes to the important things in life, and that is not just in love life. <br /><br />Some ideological divides just cannot be breached unless both parties are able to leave that dimension of life behind and completely ignore it. That is pretty difficult in most intimate relationships, though, and that includes friendships. I don't like being in situations in which is awkward being myself.<br /><br />I just find myself spending much less time with people when I have to watch what I say. While I don't dump old friends because we have grown apart on certain sensitive issues, I do spend less time with them, and I find it's better to get potentially contentious issues out of the way early with new ones.<br /><br />My experience is that there are two types of people that question MMT, or similar contentious issues. There are the ideologues that have their minds made up and those with open minds. I'll take a chance on wasting some time on people with an open mind.<br /><br />But when people are rigid on one thing, they are usually rigid on a lot of other things as well. Better filter them out to avoid the hassles that are sure to come. So you likely saved yourself some grief. I don't think that that person showed you respect.Tom Hickeyhttps://www.blogger.com/profile/08454222098667643650noreply@blogger.com