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Posts Made By:
David Newman
Forum:
Current events
01-26-2012, 10:52 AM
Replies:
116
Newt's a Swinger
Views:
6,558
Posted By
David Newman
Read the Mosler book. It explains the monetary...
Read the Mosler book. It explains the monetary system we use. Spending (printing) and taxing (unprinting) work in conjunction with one another to control the economy.
Forum:
Economy
01-26-2012, 09:21 AM
Replies:
48
Bank of Canada Governor says US economy will never recover.
Views:
4,220
Posted By
David Newman
The only thing that really creates jobs is enough...
The only thing that really creates jobs is enough demand in the market. If there is no demand to fill, businesses will not hire.
Forum:
Politics
01-26-2012, 07:54 AM
Replies:
94
State of the Union
Views:
6,903
Posted By
David Newman
Krugman doesn't think he puts enough importance...
Krugman doesn't think he puts enough importance on inflation. That's the real extent of his criticism. However, inflation is Moslers single biggest concern.
Forum:
Current events
01-25-2012, 09:28 PM
Replies:
116
Newt's a Swinger
Views:
6,558
Posted By
David Newman
Inflation is the concern, but inflation isn't...
Inflation is the concern, but inflation isn't created by simply "printing" money in our system like it would if we had a commodity backed currency. In our system, inflation is based on consumer...
Forum:
Politics
01-25-2012, 06:25 PM
Replies:
94
State of the Union
Views:
6,903
Posted By
David Newman
If higher levels of unemployment are good for...
If higher levels of unemployment are good for your economic interests, the GOPs desire to balance the budget will ensure it if they get their way.
Forum:
Economy
01-25-2012, 06:22 PM
Replies:
48
Bank of Canada Governor says US economy will never recover.
Views:
4,220
Posted By
David Newman
The whole idea here is that with the job bank,...
The whole idea here is that with the job bank, you are making people more employable in the private sector, giving them some income, and best of all, they are contributing to making something or...
Forum:
Economy
01-25-2012, 06:20 PM
Replies:
48
Bank of Canada Governor says US economy will never recover.
Views:
4,220
Posted By
David Newman
The number has to be low enough not to pull jobs...
The number has to be low enough not to pull jobs away from the private sector while high enough to get people interested. It's been phenomenally successful in Argentina and India and there is no...
Forum:
Current events
01-25-2012, 09:41 AM
Replies:
116
Newt's a Swinger
Views:
6,558
Posted By
David Newman
I'd disagree with that. I really don't believe...
I'd disagree with that. I really don't believe that they understand how our currency system works. If you asked all 535 (?) of them in the legislative branch, to a (wo)man, I bet they say that...
Forum:
Politics
01-24-2012, 11:29 PM
Replies:
94
State of the Union
Views:
6,903
Posted By
David Newman
All the Reagan talk always reminds me of a really...
All the Reagan talk always reminds me of a really interesting comparison between Stalin and Reagan that I read some time back. I don't necessarily agree with some of the author's points, but it's an...
Forum:
Politics
01-24-2012, 10:28 PM
Replies:
94
State of the Union
Views:
6,903
Posted By
David Newman
My friend summarized it in a relatively humorous...
My friend summarized it in a relatively humorous way: In case you missed the State of the Union, I've prepared this summary: Bin Laden is dead. America. Congress should do some stuff we all know...
Forum:
Economy
01-24-2012, 08:16 PM
Replies:
48
Bank of Canada Governor says US economy will never recover.
Views:
4,220
Posted By
David Newman
I'd say it's even simpler. That money *never*...
I'd say it's even simpler. That money *never* goes back to the top. It's simply removed from the economy.
Forum:
Economy
01-24-2012, 07:17 PM
Replies:
48
Bank of Canada Governor says US economy will never recover.
Views:
4,220
Posted By
David Newman
Dave, no worries, I took it as a tongue in cheek...
Dave, no worries, I took it as a tongue in cheek comment.
It's quite a dichotomy that is created in our system. I think it's feasible that at a macroeconomic level, we could get some level of...
Forum:
Current events
01-24-2012, 07:09 PM
Replies:
116
Newt's a Swinger
Views:
6,558
Posted By
David Newman
I'd say it starts with higher education still...
I'd say it starts with higher education still holding onto economic models from times past. I recently completed my MBA and in the process took two graduate level economics courses. In 6 course...
Forum:
Current events
01-24-2012, 06:44 PM
Replies:
116
Newt's a Swinger
Views:
6,558
Posted By
David Newman
If run properly, it runs indefinitely and...
If run properly, it runs indefinitely and sustains full employment for eternity.
Forum:
Current events
01-24-2012, 06:43 PM
Replies:
116
Newt's a Swinger
Views:
6,558
Posted By
David Newman
Jay, what he describes is irrefutable fact. The...
Jay, what he describes is irrefutable fact. The nice part about his style of writing is he doesn't try to overwhelm you, he describes how it works without going over anyones head. I believe it's...
Forum:
Economy
01-24-2012, 04:34 PM
Replies:
48
Bank of Canada Governor says US economy will never recover.
Views:
4,220
Posted By
David Newman
BTW, here is something to always keep in mind. ...
BTW, here is something to always keep in mind. The federal government doesn’t ever “have” or “not have” any dollars.
And another for good measure that I may have said in a recent thread. "If...
Forum:
Economy
01-24-2012, 04:23 PM
Replies:
48
Bank of Canada Governor says US economy will never recover.
Views:
4,220
Posted By
David Newman
Don't kill the dictator, he is a wise and...
Don't kill the dictator, he is a wise and compassionate god king with a giant head. Killing him could cause a gigantic earthquake that could destroy the world. And with the god king reference, I...
Forum:
Economy
01-24-2012, 04:13 PM
Replies:
48
Bank of Canada Governor says US economy will never recover.
Views:
4,220
Posted By
David Newman
Kind of. Operationally speaking, government...
Kind of. Operationally speaking, government spending is "printing money", taxation is removing or "unprinting money".
Forum:
Economy
01-24-2012, 04:11 PM
Replies:
48
Bank of Canada Governor says US economy will never recover.
Views:
4,220
Posted By
David Newman
Would you like a personal assistant to take care...
Would you like a personal assistant to take care of your household? Do you want your lawn mowed? Maybe you have a project at home that needs to be completed, kitchen remodel? The message is that...
Forum:
Economy
01-24-2012, 04:01 PM
Replies:
48
Bank of Canada Governor says US economy will never recover.
Views:
4,220
Posted By
David Newman
First, taxes and borrowing don't fund government...
First, taxes and borrowing don't fund government spending.
Government spending injects money into the economy. Taxes remove money from the economy. When unemployment is at 8% plus, it's a sure...
Forum:
Economy
01-24-2012, 08:14 AM
Replies:
48
Bank of Canada Governor says US economy will never recover.
Views:
4,220
Posted By
David Newman
Do I have dictator like control? I'd do...
Do I have dictator like control?
I'd do this:
Job bank providing unlimited 8-9.00/hr jobs for anyone who wants to work.
Indefinite FICA moratorium
Totally revamped health care system...
Forum:
Current events
01-23-2012, 09:23 PM
Replies:
116
Newt's a Swinger
Views:
6,558
Posted By
David Newman
http://moslereconomics.com/wp-content/powerpoints/...
http://moslereconomics.com/wp-content/powerpoints/7DIF.pdf
There is the direct link. :)
Forum:
Economy
01-23-2012, 09:21 PM
Replies:
48
Bank of Canada Governor says US economy will never recover.
Views:
4,220
Posted By
David Newman
It could be fixed in 6 months if the people in...
It could be fixed in 6 months if the people in charge wanted it to.
Forum:
Current events
01-23-2012, 05:20 PM
Replies:
116
Newt's a Swinger
Views:
6,558
Posted By
David Newman
Jay, check this link out ...
Jay, check this link out
http://moslereconomics.com/2009/12/10/7-deadly-innocent-frauds/
Please download the PDF, read it, and post your impressions of what you read.
Forum:
Current events
01-23-2012, 06:38 AM
Replies:
116
Newt's a Swinger
Views:
6,558
Posted By
David Newman
Www.moslereconomics.com Go to his book, the...
Www.moslereconomics.com
Go to his book, the seven innocent frauds of economic policy. Download for free and read it. It might not change your mind but it describes our monetary operations,...
Showing results 1 to 25 of 115
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