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Re: Modern Monetary Theory [message #93551 is a reply to message #93539]

Sat, 17 April 2021 18:32

Rusty
Messages: 1186
Registered: May 2018
Location: Kansas City Missouri

Illuminati (3rd Degree)

Well it's so nice for someone to post, anything amidst my,,, ongoing rant, I guess. It's cathartic for me though. As far as this subject goes. It's really not on many peoples radar. People are caught up in the distractions of making a living and having their emotional and social relationships. Since you bring up the period just after WWII. It was a time of this countries burgeoning prosperity and dominance in the worlds economic, social, scientific and nearly everything other metric of an advanced civilization. It was also following a period of social engineering put in place to escape the ravages of a prolonged depression that was the result of exuberances of the roaring twenties financial elitists.

And ever since then, the social gains from those engineering principals have been eroded. Union busting ensued, income stagnation prevailed and the living standards to maintain becoming more and more being indebted for more and more. The gap between wealth and the middle class widening precipitously.
Our economy went from a mixed industrial to a financial economy in the late 70's early 80's. I well remember the term, "service" economy being bandied with then. That was our trajectory. The rust belt is a physical remnant of what was our pride in this country for being made in America. A relic of being sold out by the new Keynesian brand of Neoliberal thinking for an economics calling for small government intervention with the market, anti regulatory practices and planning the economy by the needs dictated by Wall St. and the financialists in charge. An industrial economy is harder to realize gains monetarily than the financial class can obtain in the short term of using the stock markets.

I think our social unrest these days are just a result of frustration with the status quo. Our political parties are basically aligned the same with the Neoliberal construct, but vary with the peripheral Identity social politics. They are like two huge Sumo wrestlers grappling for the slim power advantage they can obtain in an election cycle.

And we wonder what the hells going on. Well, economist extraordinaire Michael Hudson says it's nothing new under the sun. It's been going on one way or another since civilization began. People and groups of people using the advantages of wealth to influence pharaohs, kings and queens, parliaments and congress. Lets learn from the past, so we don't perpetuate what doesn't work in the present for the benefit of the most of us and a better future.

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[Message index]

		Modern Monetary Theory By: Rusty on Mon, 03 September 2018 14:25
		Re: Modern Monetary Theory By: Kingfish on Mon, 03 September 2018 14:56
		Re: Modern Monetary Theory By: Rusty on Sun, 09 September 2018 11:23
		Re: Modern Monetary Theory By: gofar99 on Tue, 11 September 2018 16:43
		Re: Modern Monetary Theory By: Rusty on Wed, 12 September 2018 10:12
		Re: Modern Monetary Theory By: Rusty on Sun, 17 February 2019 18:09
		Re: Modern Monetary Theory By: Kingfish on Wed, 01 May 2019 11:04
		Re: Modern Monetary Theory By: Rusty on Wed, 01 May 2019 14:45
		Re: Modern Monetary Theory By: Kingfish on Sun, 12 May 2019 15:37
		Re: Modern Monetary Theory By: Rusty on Mon, 13 May 2019 09:56
		Re: Modern Monetary Theory By: Rusty on Mon, 13 May 2019 10:28
		Re: Modern Monetary Theory By: Newjack on Mon, 13 May 2019 23:24
		Re: Modern Monetary Theory By: Rusty on Tue, 14 May 2019 09:57
		Re: Modern Monetary Theory By: Rusty on Fri, 07 June 2019 10:40
		Re: Modern Monetary Theory By: Rusty on Wed, 25 March 2020 19:09
		Re: Modern Monetary Theory By: Rusty on Sat, 04 April 2020 09:58
		Re: Modern Monetary Theory By: Wayne Parham on Sat, 11 April 2020 13:05
		Re: Modern Monetary Theory By: Rusty on Sat, 11 April 2020 15:40
		Re: Modern Monetary Theory By: Wayne Parham on Sat, 11 April 2020 16:14
		Re: Modern Monetary Theory By: Rusty on Sat, 11 April 2020 17:23
		Re: Modern Monetary Theory By: Wayne Parham on Sat, 11 April 2020 17:34
		Re: Modern Monetary Theory By: Rusty on Sat, 11 April 2020 19:19
		Re: Modern Monetary Theory By: Rusty on Mon, 13 April 2020 11:09
		Re: Modern Monetary Theory By: Wayne Parham on Mon, 13 April 2020 16:00
		Re: Modern Monetary Theory By: Rusty on Mon, 13 April 2020 17:03
		Re: Modern Monetary Theory By: Wayne Parham on Wed, 15 April 2020 11:48
		Re: Modern Monetary Theory By: Rusty on Wed, 15 April 2020 14:25
		Re: Modern Monetary Theory By: Rusty on Sun, 19 April 2020 11:36
		Re: Modern Monetary Theory By: Rusty on Wed, 19 August 2020 10:08
		Re: Modern Monetary Theory By: Rusty on Sat, 10 October 2020 09:07
		Re: Modern Monetary Theory By: Rusty on Tue, 29 December 2020 11:22
		Re: Modern Monetary Theory By: Rusty on Wed, 27 January 2021 11:42
		Re: Modern Monetary Theory By: Rusty on Mon, 15 February 2021 10:21
		Re: Modern Monetary Theory By: Wayne Parham on Mon, 15 February 2021 11:58
		Re: Modern Monetary Theory By: Rusty on Mon, 15 February 2021 14:34
		Re: Modern Monetary Theory By: Wayne Parham on Mon, 15 February 2021 15:23
		Re: Modern Monetary Theory By: Rusty on Mon, 15 February 2021 17:09
		Re: Modern Monetary Theory By: Rusty on Tue, 16 February 2021 11:57
		Re: Modern Monetary Theory By: Rusty on Wed, 17 February 2021 10:52
		Re: Modern Monetary Theory By: Rusty on Sat, 20 February 2021 10:53
		Re: Modern Monetary Theory By: Rusty on Mon, 22 February 2021 09:25
		Re: Modern Monetary Theory By: Rusty on Tue, 23 February 2021 11:09
		Re: Modern Monetary Theory By: Rusty on Sun, 28 February 2021 10:12
		Re: Modern Monetary Theory By: Rusty on Tue, 16 March 2021 12:26
		Re: Modern Monetary Theory By: Rusty on Wed, 17 March 2021 17:49
		Re: Modern Monetary Theory By: Rusty on Sat, 17 April 2021 11:10
		Re: Modern Monetary Theory By: gofar99 on Sat, 17 April 2021 11:24
		Re: Modern Monetary Theory By: Rusty on Sat, 17 April 2021 18:32
		Re: Modern Monetary Theory By: Rusty on Thu, 29 April 2021 13:53
		Re: Modern Monetary Theory By: Rusty on Wed, 05 May 2021 09:07
		Re: Modern Monetary Theory By: Wayne Parham on Wed, 05 May 2021 11:04
		Re: Modern Monetary Theory By: Rusty on Wed, 05 May 2021 14:09
		Re: Modern Monetary Theory By: Rusty on Fri, 07 May 2021 10:20
		Re: Modern Monetary Theory By: Rusty on Fri, 14 May 2021 11:38
		Re: Modern Monetary Theory By: Rusty on Tue, 25 May 2021 12:30
		Re: Modern Monetary Theory By: Rusty on Fri, 28 May 2021 18:15
		Re: Modern Monetary Theory By: Rusty on Mon, 31 May 2021 11:43
		Re: Modern Monetary Theory By: Rusty on Wed, 16 June 2021 08:54
		Re: Modern Monetary Theory By: Rusty on Mon, 21 June 2021 08:07
		Re: Modern Monetary Theory By: Rusty on Wed, 14 July 2021 12:25
		Re: Modern Monetary Theory By: Rusty on Thu, 15 July 2021 10:07
		Re: Modern Monetary Theory By: Wayne Parham on Thu, 15 July 2021 11:22
		Re: Modern Monetary Theory By: Rusty on Thu, 15 July 2021 13:03
		Re: Modern Monetary Theory By: Wayne Parham on Thu, 15 July 2021 14:41
		Re: Modern Monetary Theory By: Rusty on Thu, 15 July 2021 16:07
		Re: Modern Monetary Theory By: Wayne Parham on Thu, 15 July 2021 17:44
		Re: Modern Monetary Theory By: Rusty on Fri, 16 July 2021 09:50
		Re: Modern Monetary Theory By: Rusty on Wed, 21 July 2021 17:25
		Re: Modern Monetary Theory By: Rusty on Tue, 27 July 2021 16:16
		Re: Modern Monetary Theory By: Rusty on Wed, 18 August 2021 10:24
		Re: Modern Monetary Theory By: Wayne Parham on Wed, 18 August 2021 12:59
		Re: Modern Monetary Theory By: Rusty on Thu, 19 August 2021 14:37
		Re: Modern Monetary Theory By: Rusty on Fri, 20 August 2021 14:54
		Re: Modern Monetary Theory By: Rusty on Tue, 31 August 2021 09:38
		Re: Modern Monetary Theory By: gofar99 on Tue, 31 August 2021 21:54
		Re: Modern Monetary Theory By: Rusty on Wed, 01 September 2021 10:05
		Re: Modern Monetary Theory By: Rusty on Sat, 04 September 2021 09:46
		Re: Modern Monetary Theory By: gofar99 on Sat, 04 September 2021 21:34
		Re: Modern Monetary Theory By: Rusty on Sun, 05 September 2021 07:20
		Re: Modern Monetary Theory By: gofar99 on Sun, 05 September 2021 08:36
		Re: Modern Monetary Theory By: Rusty on Sun, 12 September 2021 09:50
		Re: Modern Monetary Theory By: gofar99 on Sun, 12 September 2021 20:39
		Re: Modern Monetary Theory By: Rusty on Mon, 13 September 2021 09:27
		Re: Modern Monetary Theory By: Rusty on Wed, 15 September 2021 10:41
		Re: Modern Monetary Theory By: Rusty on Sat, 25 September 2021 13:08
		Re: Modern Monetary Theory By: Rusty on Wed, 06 October 2021 11:08
		Re: Modern Monetary Theory By: Rusty on Tue, 19 October 2021 09:44
		Re: Modern Monetary Theory By: Rusty on Sat, 23 October 2021 12:02
		Re: Modern Monetary Theory By: Rusty on Sat, 23 October 2021 16:43
		Re: Modern Monetary Theory By: Rusty on Sat, 30 October 2021 13:26
		Re: Modern Monetary Theory By: Rusty on Sun, 07 November 2021 08:57
		Re: Modern Monetary Theory By: Rusty on Mon, 08 November 2021 15:18
		Re: Modern Monetary Theory By: Rusty on Mon, 22 November 2021 10:01
		Re: Modern Monetary Theory By: Rusty on Wed, 08 December 2021 19:30
		Re: Modern Monetary Theory By: Wayne Parham on Thu, 09 December 2021 09:22
		Re: Modern Monetary Theory By: Rusty on Thu, 09 December 2021 12:01
		Re: Modern Monetary Theory By: Wayne Parham on Thu, 09 December 2021 13:38
		Re: Modern Monetary Theory By: Rusty on Thu, 09 December 2021 18:28
		Re: Modern Monetary Theory By: gofar99 on Fri, 10 December 2021 20:31
		Re: Modern Monetary Theory By: Rusty on Sat, 11 December 2021 08:56
		Re: Modern Monetary Theory By: Rusty on Sun, 12 December 2021 10:03
		Re: Modern Monetary Theory By: Rusty on Tue, 04 January 2022 12:33
		Re: Modern Monetary Theory By: Rusty on Thu, 13 January 2022 11:41
		Re: Modern Monetary Theory By: Rusty on Tue, 01 February 2022 12:04
		Re: Modern Monetary Theory By: Rusty on Tue, 08 February 2022 11:00
		Re: Modern Monetary Theory By: Rusty on Wed, 09 February 2022 11:18
		Re: Modern Monetary Theory By: Rusty on Sat, 19 February 2022 17:32
		Re: Modern Monetary Theory By: Rusty on Mon, 28 February 2022 13:40
		Re: Modern Monetary Theory By: Rusty on Tue, 15 March 2022 14:12
		Re: Modern Monetary Theory By: Rusty on Thu, 24 March 2022 11:23
		Re: Modern Monetary Theory By: Rusty on Fri, 01 April 2022 21:42
		Re: Modern Monetary Theory By: Rusty on Thu, 21 April 2022 14:17
		Re: Modern Monetary Theory By: Rusty on Mon, 16 May 2022 10:33
		Re: Modern Monetary Theory By: Rusty on Sun, 05 June 2022 11:43
		Re: Modern Monetary Theory By: Wayne Parham on Sun, 05 June 2022 18:38
		Re: Modern Monetary Theory By: Rusty on Mon, 06 June 2022 10:35
		Re: Modern Monetary Theory By: Rusty on Sun, 12 June 2022 09:32
		Re: Modern Monetary Theory By: Rusty on Wed, 22 June 2022 10:55
		Re: Modern Monetary Theory By: Rusty on Sun, 03 July 2022 11:41
		Re: Modern Monetary Theory By: Rusty on Tue, 12 July 2022 11:31
		Re: Modern Monetary Theory By: Wayne Parham on Tue, 12 July 2022 12:03
		Re: Modern Monetary Theory By: Rusty on Tue, 12 July 2022 17:50
		Re: Modern Monetary Theory By: Wayne Parham on Tue, 12 July 2022 18:27
		Re: Modern Monetary Theory By: Rusty on Wed, 13 July 2022 10:17
		Re: Modern Monetary Theory By: Rusty on Thu, 14 July 2022 07:09
		Re: Modern Monetary Theory By: Rusty on Thu, 14 July 2022 11:15
		Re: Modern Monetary Theory By: Rusty on Tue, 02 August 2022 12:21
		Re: Modern Monetary Theory By: Rusty on Sun, 28 August 2022 13:06
		Re: Modern Monetary Theory By: Rusty on Mon, 05 September 2022 11:59
		Re: Modern Monetary Theory By: Rusty on Sat, 17 September 2022 08:32
		Re: Modern Monetary Theory By: Rusty on Wed, 28 September 2022 11:48
		Re: Modern Monetary Theory By: Rusty on Tue, 11 October 2022 12:58
		Re: Modern Monetary Theory By: Rusty on Fri, 14 October 2022 12:05
		Re: Modern Monetary Theory By: Rusty on Wed, 02 November 2022 11:12
		Re: Modern Monetary Theory By: Rusty on Wed, 16 November 2022 18:34
		Re: Modern Monetary Theory By: Rusty on Sun, 11 December 2022 12:20
		Re: Modern Monetary Theory By: Rusty on Mon, 12 December 2022 19:31
		Re: Modern Monetary Theory By: Rusty on Fri, 06 January 2023 10:18
		Re: Modern Monetary Theory By: Rusty on Tue, 10 January 2023 10:19
		Re: Modern Monetary Theory By: Wayne Parham on Tue, 10 January 2023 15:24
		Re: Modern Monetary Theory By: Rusty on Tue, 10 January 2023 17:21
		Re: Modern Monetary Theory By: Rusty on Tue, 24 January 2023 11:10
		Re: Modern Monetary Theory By: Rusty on Fri, 27 January 2023 10:20
		Re: Modern Monetary Theory By: Rusty on Mon, 30 January 2023 12:09
		Re: Modern Monetary Theory By: Rusty on Sat, 11 February 2023 08:58
		Re: Modern Monetary Theory By: Rusty on Tue, 14 February 2023 11:40
		Re: Modern Monetary Theory By: Rusty on Wed, 15 March 2023 12:05
		Re: Modern Monetary Theory By: Rusty on Sun, 19 March 2023 13:46
		Re: Modern Monetary Theory By: Wayne Parham on Sun, 19 March 2023 18:27
		Re: Modern Monetary Theory By: Rusty on Mon, 20 March 2023 07:46
		Re: Modern Monetary Theory By: Rusty on Tue, 21 March 2023 11:31
		Re: Modern Monetary Theory By: Wayne Parham on Tue, 21 March 2023 13:15
		Re: Modern Monetary Theory By: Rusty on Tue, 21 March 2023 17:16
		Re: Modern Monetary Theory By: Rusty on Wed, 22 March 2023 07:34
		Re: Modern Monetary Theory By: Rusty on Fri, 24 March 2023 12:01
		Re: Modern Monetary Theory By: Rusty on Fri, 07 April 2023 10:55
		Re: Modern Monetary Theory By: Rusty on Sun, 07 May 2023 07:40
		Re: Modern Monetary Theory By: Rusty on Sun, 21 May 2023 18:48
		Re: Modern Monetary Theory By: Rusty on Thu, 25 May 2023 10:36
		Re: Modern Monetary Theory By: Rusty on Thu, 01 June 2023 10:17
		Re: Modern Monetary Theory By: Wayne Parham on Thu, 01 June 2023 18:00
		Re: Modern Monetary Theory By: Rusty on Fri, 02 June 2023 06:37
		Re: Modern Monetary Theory By: Rusty on Thu, 08 June 2023 12:19
		Re: Modern Monetary Theory By: Rusty on Fri, 09 June 2023 15:40
		Re: Modern Monetary Theory By: Rusty on Sat, 10 June 2023 07:55
		Re: Modern Monetary Theory By: Rusty on Tue, 20 June 2023 13:12
		Re: Modern Monetary Theory By: Rusty on Thu, 06 July 2023 10:27
		Re: Modern Monetary Theory By: Rusty on Sun, 09 July 2023 08:51
		Re: Modern Monetary Theory By: Rusty on Mon, 10 July 2023 12:57
		Re: Modern Monetary Theory By: Rusty on Sun, 23 July 2023 09:54
		Re: Modern Monetary Theory By: Rusty on Wed, 26 July 2023 10:08
		Re: Modern Monetary Theory By: Rusty on Sat, 05 August 2023 11:20
		Re: Modern Monetary Theory By: Rusty on Sat, 12 August 2023 18:12
		Re: Modern Monetary Theory By: Rusty on Sun, 13 August 2023 08:49
		Re: Modern Monetary Theory By: Rusty on Tue, 12 September 2023 06:37
		Re: Modern Monetary Theory By: Rusty on Tue, 19 September 2023 12:25
		Re: Modern Monetary Theory By: Rusty on Wed, 27 September 2023 14:35
		Re: Modern Monetary Theory By: Rusty on Sat, 30 September 2023 11:01
		Re: Modern Monetary Theory By: Rusty on Sun, 15 October 2023 09:15
		Re: Modern Monetary Theory By: Rusty on Mon, 23 October 2023 09:04
		Re: Modern Monetary Theory By: Wayne Parham on Mon, 23 October 2023 09:50
		Re: Modern Monetary Theory By: Rusty on Mon, 23 October 2023 11:43
		Re: Modern Monetary Theory By: Rusty on Thu, 26 October 2023 09:14
		Re: Modern Monetary Theory By: Rusty on Sat, 11 November 2023 07:41
		Re: Modern Monetary Theory By: Rusty on Thu, 23 November 2023 10:34
		Re: Modern Monetary Theory By: Rusty on Sat, 27 January 2024 08:52
		Re: Modern Monetary Theory By: Rusty on Sun, 11 February 2024 19:34
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