Skeptikal
skeptikal1.bsky.social
Skeptikal
@skeptikal1.bsky.social
"The Earth is the only world known so far to harbor life. There is nowhere else, at least in the near future, to which our species could migrate. Visit, yes. Settle, not yet. Like it or not, for the moment the Earth is where we make our stand." Carl Sagan
Those who love money above all else will have it, not realizing what they give up to get it.
February 28, 2025 at 11:28 PM
The government being price setter, not price taker, how long before the entire economy needs to visit the ER?
February 25, 2025 at 6:02 AM
I don't trust humans who allow "AI" to make decisions.
February 15, 2025 at 5:06 AM
It is so common, Chris Rodda wrote an entire book about it: Liars for Jesus: The Religious Right's Alternate Version of American History, Vol. 1
January 5, 2025 at 4:16 AM
Reposted by Skeptikal
Canada has a Soverign Currency System, same as the United States, it is literally impossible for Canada to go "Bankrupt". They create their own Money. #MMT youtu.be/yofpo88ipmo?...
MMT: Government Budgets Are NOT Like A Household
YouTube video by Deficit Owls
youtu.be
December 9, 2024 at 3:23 AM
Reposted by Skeptikal
There is no problem with a deficit so long as inflation is under control. It is actually a sign of a healthy economy. Slashing spending now would throw us into a massive recession. #MMT
December 18, 2024 at 9:47 AM
Reposted by Skeptikal
"Critics warn it will speed up insolvency of the Program" It is literally impossible for any Government Funded Program to go "Insolvent" #MMT Here is Alan Greenspan under Oath telling you so. youtu.be/DNCZHAQnfGU?...
Greenspan: "There is nothing to prevent the government from creating as much money as it wants."
YouTube video by wonkmonk
youtu.be
December 21, 2024 at 10:05 PM
For Elon and Vivek, wasteful and inefficient means the spending is changing hands too many times before filling their pockets. Neither of them realize that their score can't go up unless the debt ceiling goes up.
December 19, 2024 at 10:32 PM