RobertoG

11 ms·

121.
by RobertoG 4y ago
Many other economists agree. Those that disagree should explain the last 30 years of Japan to all of us. If after a pandemic, an energetic crisis, a global politic crisis and a war in Europe, the explanation for inflation is "public de
122.
by RobertoG 4y ago
-Public subsidies come from public expenses. If you are already importing more than exporting, you will have a public deficit. Public deficit are not allowed beyond a limit. So, if you are already a successful export economy, you have the r
123.
by RobertoG 4y ago
The idea that the ECB is apolitical is similar to the idea that economics is apolitical, a fantasy created to avoid answer to the public. There are little things more political than economics and money.
124.
by RobertoG 4y ago
You are probably right that there is not malice on the part of the OP, but the original intention was clearly derogatory. If you believe otherwise I have bridge to sell you.
125.
by RobertoG 4y ago
What Germany could have done is to accept a change in the treaties for a real fiscal capacity at the European level. But, instead of that, Germany preferred to enjoy access to a common market and devaluated Mark (that is basically what the
126.
by RobertoG 4y ago
Some obvious (or should be obvious) realities of our beloved currency area: -All countries can't be net exporters at the same time. If Germany want to be a net exporter, somebody have to be a net importer. -High public debt in your own
127.
by RobertoG 4y ago
Are you comparing the utility of elevators to the utility of private jets?
128.
by RobertoG 4y ago
It has been done in the past and can be done in the future. If we can't even do something like that forget about other changes. And I'm not talking about nuclear. In fact, if your goal is really only defend your territory, you cou
129.
by RobertoG 4y ago
When I say the military, I mean, all the military, that's the minimum we the citizens of the world should be requesting. Anyway, if you are talking about the USA military budget, that's just nonsense. Just check the numbers.
130.
by RobertoG 4y ago
Before asking people in developing countries not to have a proper house, we could try to forbid private planes and reduce military spending by half, for instance. The military use of fuels is just ridiculous. If we are not able to stop &quo
131.
by RobertoG 4y ago
Technology means power and power is never apolitical.
132.
by RobertoG 4y ago
Thanks for the link. That video is crazy to me. All that people waiting for hours in huge pickups, with the motor on, in order to put their huge boats in the water, while complaining how the water just go down and down every year. There is
133.
by RobertoG 4y ago
There is also immersion cooling. The liquid is not water and it seems is pretty efficient: https://submer.com/immersion-cooling/
134.
by RobertoG 4y ago
Better today that they were in Precolonial South-America and better that they were in Europe at the time.
135.
by RobertoG 4y ago
Ironically, part of that gold came from Spain. History is complicated. https://en.wikipedia.org/wiki/Moscow_gold_(Spain)
136.
by RobertoG 4y ago
In that case your conclusion shouldn't be that civilizations are only biological. Your conclusion should be: because we have not observed life outside Earth, the more likely thing is that there is not life outside Earth, not that it&#x
137.
by RobertoG 4y ago
Markets are not oriented around innovation but around profit. Innovation can eventually be produced, but it's an accidental sub-product. Innovation it's not the metric that markets are optimizing.
138.
by RobertoG 4y ago
That's true, but it seems to me that, in many circumstances, people are using a truck when all they need is a wheelbarrow.
139.
by RobertoG 4y ago
That's not what MMT says. It says that excessive spending in the economy can create inflation. A possible way to compensate (not the only one) is to raise taxes. But it doesn't say that the only cause of inflation is excessive spe
140.
by RobertoG 4y ago
Well, if we know exactly how the war would go without the external support, now with all that external support, should be a walk in the park.
141.
by RobertoG 4y ago
Putin mistake was not in his understanding of the capabilities of the Russian military, but in the reaction to expect to the invasion from the Ukraine and NATO leaders.
142.
by RobertoG 4y ago
Not a fan of the CIA, but, in the Iraq case, the push for the invasion came from some elements in the White House (you know who), they have already decided that Iraq would be invaded and were searching for a reason. In fact, the CIA didn&#x
143.
by RobertoG 4y ago
But Russia has not mobilized. That's why they keep calling this clusterf*ck a 'special operation'. In fact, I don't know the exact numbers, but my impression is that they have less troops than the defenders in Ukraine. A
144.
by RobertoG 4y ago
a) Well, now that we have realized the truth, I'm sure everybody is going to be on board with reducing the NATO military budgets and dedicating the resources to more productive endeavors. b) No doubt about that, starting by invading. c
145.
by RobertoG 4y ago
20 years ago you would have understood! ;-)
146.
by RobertoG 4y ago
I'm not expert but I, more or less, follow the war (from my comfortable sofa) and I would like to point some observations. -We see a lot of Russian bad decisions and result of that decisions but never Ukrainian. That should you make yo
147.
by RobertoG 4y ago
Actually, I'm not sure I understand exactly the rational here. How this avoid child abuse?
148.
by RobertoG 4y ago
People always talk about debts GDP ratio and forget to tell in what currency the debt is. It's, obviously, not the same, a debt in your own currency that in a currency that you don't control. A country that is taking debt in a cur
149.
by RobertoG 4y ago
This company is trying to do that: https://www.kreiosspace.com/
150.
by RobertoG 4y ago
I think that's the case too for 'The Expanse'. It seems it followed the path role game -> books -> tv show. At the moment of watching the show I didn't realized but, after learning the fact, it was obvious that I h

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