negatively stable monetary system. Beautifully nasty combination of words, let's base our money on somthing that exists not something paid too in the future
@seankernighan Ya, The idea that people could solve all of the problems that arise as a society ages is questionable. The idea that they could solve all the problems and make the banking/investments class exponentially richer is lunacy.
What is this bullshit? Nothing was said, and it was barely coherent. Why is there a tower? Why is it bulletproof? Why did you make this video without without possessing a demonstrable understanding of MMT in the first place?
Google "understanding the modern monetary system" and read the paper of that title hosted on the Pragmatic Capitalist blog...then talk about MMT.
@OccupyAmerica Thanks for watching and thanks for the comment. At times like these I think that the best that we all can do, is agree to keep studying. The monetary system has enough kinks and twists to keep us all busy.
Since the Earth is a spheroid and exponential debt is an infinite function, it is fair on it's face what will eventually happen. The "rate" remains, and the "absolutes" become significant. At this point all wealth is transfered from the "have nots" to the "haves". It is the story of usury throughout history. The questions is when. I am studying the thermodynamics of the economy, and I believe it's now. If you believe it's not, when is it? 1 Trillion $ per second of new debt?
@NathanAGoss I have been at this for over 1 year, and have learned that I have to aim my language and comments to the audience.
On Large and Confidence:
You have targeted directly on to the Psychology and Chaos aspects of collapse. I won't attempt to predict when the exact day when our grossly over committed fiat currency will collapse. There is lots of historical and personal experience that I can pull from. In my experience that date is much later, and the results much worse than expected.
@bigcollapso: "I have been at this for over 1 year" - I've been at it longer. "thermodynamics of the economy" - heterodox, a.k.a. voodoo, economic theory. "grossly over committed" - Again, define it. "personal experience" - anecdotal and irrelevant. "historical...experience" - I thought you've only been at it a year, however, I'm listening. Tell me about it. "I have to aim my language...to the audience." - Very much so. Honestly, you so far sound like you have no idea what you're talking about.
@bigcollapso: The time limits imposed by YouTube, my work, and my general inclinations (Your the one making claims, I'm simply asking you to clarify...I have no duty to educate you....educate yourself) preclude me from making a video fulfilling such a big request.
However, the great thing is: I don't have to. If you're truly interested (although I suspect you're just trying to be a smart ass - no offense), they you can check out the following channel: billyboyblue2007. Also.....
negatively stable monetary system. Beautifully nasty combination of words, let's base our money on somthing that exists not something paid too in the future
seankernighan 2 months ago
@seankernighan Ya, The idea that people could solve all of the problems that arise as a society ages is questionable. The idea that they could solve all the problems and make the banking/investments class exponentially richer is lunacy.
bigcollapso 2 months ago
What is this bullshit? Nothing was said, and it was barely coherent. Why is there a tower? Why is it bulletproof? Why did you make this video without without possessing a demonstrable understanding of MMT in the first place?
Google "understanding the modern monetary system" and read the paper of that title hosted on the Pragmatic Capitalist blog...then talk about MMT.
OccupyAmerica 5 months ago
@OccupyAmerica Thanks for watching and thanks for the comment. At times like these I think that the best that we all can do, is agree to keep studying. The monetary system has enough kinks and twists to keep us all busy.
BC
bigcollapso 5 months ago
Should have read the theory first dude.
But if airplanes float your boat I an't gonna argue.
I don't think you mentioned one correct fact about MMT
MandyP101 11 months ago
@MandyP101 OK, Bring on the "correct facts" and the videos explaining.
1. Is the debt large?
2. Does MMT grow the debt?
3. Does the Debt require confidence to prevent collapse?
4. How can the confidence be maintained?
bigcollapso 11 months ago
@bigcollapso If MandyP101 won't, I will:
1. Define "large."
2. Yes. So?
3. Define "confidence."
4. Same as #3.
NathanAGoss 10 months ago
@NathanAGoss
Since the Earth is a spheroid and exponential debt is an infinite function, it is fair on it's face what will eventually happen. The "rate" remains, and the "absolutes" become significant. At this point all wealth is transfered from the "have nots" to the "haves". It is the story of usury throughout history. The questions is when. I am studying the thermodynamics of the economy, and I believe it's now. If you believe it's not, when is it? 1 Trillion $ per second of new debt?
bigcollapso 10 months ago
@bigcollapso That's okay, I'll say it again:
- Define "large."
- Define "confidence."
NathanAGoss 10 months ago
@NathanAGoss I have been at this for over 1 year, and have learned that I have to aim my language and comments to the audience.
On Large and Confidence:
You have targeted directly on to the Psychology and Chaos aspects of collapse. I won't attempt to predict when the exact day when our grossly over committed fiat currency will collapse. There is lots of historical and personal experience that I can pull from. In my experience that date is much later, and the results much worse than expected.
bigcollapso 10 months ago
@bigcollapso: "I have been at this for over 1 year" - I've been at it longer. "thermodynamics of the economy" - heterodox, a.k.a. voodoo, economic theory. "grossly over committed" - Again, define it. "personal experience" - anecdotal and irrelevant. "historical...experience" - I thought you've only been at it a year, however, I'm listening. Tell me about it. "I have to aim my language...to the audience." - Very much so. Honestly, you so far sound like you have no idea what you're talking about.
NathanAGoss 10 months ago
@NathanAGoss OK, why don't you make a video and tell us what the way out is.
bigcollapso 10 months ago
@bigcollapso: The time limits imposed by YouTube, my work, and my general inclinations (Your the one making claims, I'm simply asking you to clarify...I have no duty to educate you....educate yourself) preclude me from making a video fulfilling such a big request.
However, the great thing is: I don't have to. If you're truly interested (although I suspect you're just trying to be a smart ass - no offense), they you can check out the following channel: billyboyblue2007. Also.....
NathanAGoss 10 months ago
Great video... Shared on my FB! Thanks
uafffilms 1 year ago
Happy New Year!
Please continue to make these great videos. You are awesome.
looseal22 1 year ago
Exceptional !
farmjohnny 1 year ago
Awesome!!
gonzaljohn30 1 year ago
You are excellent. Continue with the simulator work, they (the fed) have so few lever to twist (pull).
ad2181 1 year ago
Great video bigcollapso!
YouSayYouWantA 1 year ago