Which is your favourite place for a feedback, David? I watched on Bitchute.
14:07 As we have been in an interest downcycle for 40plus years - up. As I understand higher rates mean foreign holders get less cash back for treasuries - up. As USD needs to look fit in order to buy Venezuelan oil - up.
But as the US (and the west) is bankrupt and wants some more wars, I doubt logic is a reasonable way to look at things. We grow ourselves into poverty: When Ursula von der Leyen buys 8 fizzerjabs for each of the poor Europeans this is US growth and adds to GDP. The 6 unused jabs for each European must be expensively destroyed in special facilities - this is EU growth and adds to GDP there. And all is paid by debt. Pure Keynsianism and worse.
Thanks as always David - btw: Mises.org (11:40) is from old Austrian Ludwig. Mises sounds Meeses or Meases - like: Tea or to see.
Which is your favourite place for a feedback, David? I watched on Bitchute.
14:07 As we have been in an interest downcycle for 40plus years - up. As I understand higher rates mean foreign holders get less cash back for treasuries - up. As USD needs to look fit in order to buy Venezuelan oil - up.
But as the US (and the west) is bankrupt and wants some more wars, I doubt logic is a reasonable way to look at things. We grow ourselves into poverty: When Ursula von der Leyen buys 8 fizzerjabs for each of the poor Europeans this is US growth and adds to GDP. The 6 unused jabs for each European must be expensively destroyed in special facilities - this is EU growth and adds to GDP there. And all is paid by debt. Pure Keynsianism and worse.
Thanks as always David - btw: Mises.org (11:40) is from old Austrian Ludwig. Mises sounds Meeses or Meases - like: Tea or to see.
Replying here is great Longgo.
The 40 year credit bubble is terminal. Low rates reseting to historic norm bringing down the bubble.
I know it's 'meeses' but say mises b/c it's what people read.
Keynes was a documented pedophile. Horrific person. His economics is deceptive clap-trap.