Looking at the stars
@lookingat-thestars.bsky.social
‘All of my words, if not well put or well taken, are well-meant’ #ForTheMany #MMT 🍉
Reposted by Looking at the stars
Reposted by Looking at the stars
not only does australia send most of the gas it extracts overseas, it uses more gas **just for preparing the other gas for sending elsewhere** than it does for all domestic gas power generation
www.energy.gov.au/sites/defaul...
www.energy.gov.au/sites/defaul...
January 10, 2025 at 9:42 AM
not only does australia send most of the gas it extracts overseas, it uses more gas **just for preparing the other gas for sending elsewhere** than it does for all domestic gas power generation
www.energy.gov.au/sites/defaul...
www.energy.gov.au/sites/defaul...
Reposted by Looking at the stars
“You’ve got a situation where the checks never bounce. They’ve got an infinite money computer.” ~Elon Musk
Wait a minute. Musk pathetically walking back his claim that he could find $2 trillion in cuts to the budget came in an interview with *Mark Penn*????
www.nbcnews.com/politics/pol...
www.nbcnews.com/politics/pol...
Elon Musk says DOGE probably won't find $2 trillion in federal budget cuts
Musk previously said his Department of Government Efficiency would be able to recommend cuts to the federal budget of “at least $2 trillion.”
www.nbcnews.com
January 10, 2025 at 12:08 AM
“You’ve got a situation where the checks never bounce. They’ve got an infinite money computer.” ~Elon Musk
Reposted by Looking at the stars
Democrats can offer a plan B:
Put up the same bill but eliminate the debt limit forever, just like Trump said. And you'll have all our votes, and we can go home.
Put up the same bill but eliminate the debt limit forever, just like Trump said. And you'll have all our votes, and we can go home.
So Elon blew up the Republicans plan. And there's no Plan B. And Elon's secret weapon here is that he doesn't give a fuck. It's on Trump and the House GOP. Oh well.
December 20, 2024 at 12:11 AM
Democrats can offer a plan B:
Put up the same bill but eliminate the debt limit forever, just like Trump said. And you'll have all our votes, and we can go home.
Put up the same bill but eliminate the debt limit forever, just like Trump said. And you'll have all our votes, and we can go home.
Reposted by Looking at the stars
"Pressure from..Summers led to an early curtailment of direct Covid relief, which ⬇️ just as prices ⬆️..child poverty rates & food insecurity..returned to pre-Covid levels when benefits ended. Should we really be surprised..having briefly tasted a better life for their children, [ppl] were unhappy?"
December 9, 2024 at 9:58 PM
"Pressure from..Summers led to an early curtailment of direct Covid relief, which ⬇️ just as prices ⬆️..child poverty rates & food insecurity..returned to pre-Covid levels when benefits ended. Should we really be surprised..having briefly tasted a better life for their children, [ppl] were unhappy?"
Reposted by Looking at the stars
Rate hikes are stimulus checks for the rich.
"High-income households...also receive more interest and investment income during periods of higher interest rates, all providing a stimulus for sustained levels of spending." www.federalreserve.gov/econres/note...
"High-income households...also receive more interest and investment income during periods of higher interest rates, all providing a stimulus for sustained levels of spending." www.federalreserve.gov/econres/note...
A Better Way of Understanding the US Consumer: Decomposing Retail Spending by Household Income
The Federal Reserve Board of Governors in Washington DC.
www.federalreserve.gov
December 13, 2024 at 5:21 PM
Rate hikes are stimulus checks for the rich.
"High-income households...also receive more interest and investment income during periods of higher interest rates, all providing a stimulus for sustained levels of spending." www.federalreserve.gov/econres/note...
"High-income households...also receive more interest and investment income during periods of higher interest rates, all providing a stimulus for sustained levels of spending." www.federalreserve.gov/econres/note...
Reposted by Looking at the stars
Yes
They’re planning a heist in plain sight.
“This is an enormous heist. They’re just backing the truck up to the government in front of all of us. A massive bailout to the crypto world,” says @chrislhayes.bsky.social on the GOP crypto bill.
December 7, 2024 at 11:44 AM
Yes
Reposted by Looking at the stars
Reposted by Looking at the stars
Money printer go brrr for me but not for thee.
The Bitcoin crowd wanted the government to stop “printing money”, unless it was to buy Bitcoin. I.e. unless it made them rich.
November 25, 2024 at 10:28 PM
Money printer go brrr for me but not for thee.
Reposted by Looking at the stars
The Bitcoin crowd wanted the government to stop “printing money”, unless it was to buy Bitcoin. I.e. unless it made them rich.
November 25, 2024 at 10:22 PM
The Bitcoin crowd wanted the government to stop “printing money”, unless it was to buy Bitcoin. I.e. unless it made them rich.
Reposted by Looking at the stars
Following the ICC's arrest warrants, how can the continued sale of arms to Israel possibly be justified?
November 25, 2024 at 5:36 PM
Following the ICC's arrest warrants, how can the continued sale of arms to Israel possibly be justified?
Reposted by Looking at the stars
FINALLY its here: the (searchable!) database of nearly 30,000 pages of Federal Reserve Board meeting minutes I got through FOIA. As I've already started to write about, they significantly rewrite Federal Reserve history.
www.crisesnotes.com/here-are-the...
www.crisesnotes.com/here-are-the...
Here Are the 30,000 Pages of Federal Reserve Board Meeting Minutes I Got Through FOIA. They Completely Rewrite Federal Reserve History.
For the past year and a half I’ve increasingly focused on using FOIA to scrutinize the Federal Reserve. Before I unveil the crown jewel of what I’ve accomplished so far, I think it's worth stepping ba...
www.crisesnotes.com
November 19, 2024 at 12:31 PM
FINALLY its here: the (searchable!) database of nearly 30,000 pages of Federal Reserve Board meeting minutes I got through FOIA. As I've already started to write about, they significantly rewrite Federal Reserve history.
www.crisesnotes.com/here-are-the...
www.crisesnotes.com/here-are-the...
Reposted by Looking at the stars
Wednesday 8.05 pm. A full (almost an hour) with #MMT economist Eric Tymoigne www.youtube.com/watch?v=QVd-...
SCOTONOMICS Ep: 116 MMT’s The Prescriptive MMT Lens
YouTube video by SCOTONOMICS
www.youtube.com
November 12, 2024 at 7:56 AM
Wednesday 8.05 pm. A full (almost an hour) with #MMT economist Eric Tymoigne www.youtube.com/watch?v=QVd-...
Reposted by Looking at the stars
#MMT
More shite from The Guardian. No money was 'borrowed' to pay for public sector pay increases.
No money was 'borrowed' to pay coupons on Govt bonds'.
Maybe, The Guardian should rename itself The Spectator and be done with it?
www.theguardian.com/business/liv...
More shite from The Guardian. No money was 'borrowed' to pay for public sector pay increases.
No money was 'borrowed' to pay coupons on Govt bonds'.
Maybe, The Guardian should rename itself The Spectator and be done with it?
www.theguardian.com/business/liv...
Public sector pay rises and debt interest costs push up UK government borrowing; Bitcoin nearing $100,000 – business live
UK records the second highest October borrowing since 1993, while crypto-friendly Trump pushes bitcoin towards $100k
www.theguardian.com
November 21, 2024 at 2:32 PM
#MMT
More shite from The Guardian. No money was 'borrowed' to pay for public sector pay increases.
No money was 'borrowed' to pay coupons on Govt bonds'.
Maybe, The Guardian should rename itself The Spectator and be done with it?
www.theguardian.com/business/liv...
More shite from The Guardian. No money was 'borrowed' to pay for public sector pay increases.
No money was 'borrowed' to pay coupons on Govt bonds'.
Maybe, The Guardian should rename itself The Spectator and be done with it?
www.theguardian.com/business/liv...
Reposted by Looking at the stars
Can someone explain to me why fighting for policies championed 80 years ago by one of the most popular Presidents in our nation’s history make me a “progressive?” Also, pretty sure these are supported by a super majority of voters. Does that mean everyone else should be called regressives?
November 16, 2024 at 7:37 PM
Can someone explain to me why fighting for policies championed 80 years ago by one of the most popular Presidents in our nation’s history make me a “progressive?” Also, pretty sure these are supported by a super majority of voters. Does that mean everyone else should be called regressives?
Reposted by Looking at the stars
Following the ICC's arrest warrants, the Independent Alliance have written to the Prime Minister asking if he will comply with the ruling.
The UK government must decide: is it on the side of Israeli impunity or international law?
The UK government must decide: is it on the side of Israeli impunity or international law?
November 21, 2024 at 4:14 PM
Following the ICC's arrest warrants, the Independent Alliance have written to the Prime Minister asking if he will comply with the ruling.
The UK government must decide: is it on the side of Israeli impunity or international law?
The UK government must decide: is it on the side of Israeli impunity or international law?
Reposted by Looking at the stars
Just up. open.substack.com/pub/stephani...
November 21, 2024 at 7:15 PM
Just up. open.substack.com/pub/stephani...