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The principles of it are (from the Wikipedia Article below) " MMT's main tenets are that a government that issues its own fiat money: Can pay for goods, services, and financial assets without a need to collect money in the form of taxes or debt issuance in advance of such purchases; Cannot...

This article from the economist suggests that inflation will be low for a long time:https://www.economist.com/special-report/2020/10/08/the-eternal-zero It points out that after pandemics interest rates stay lower than they would have been for up to 20 years (all be it the earlier ones tended...

This article :https://www.realclearmarkets.com/articles/2020/04/14/coronavirus_and_the_medias_lies_damned_lies_and_statistics_488985.html points out that raw number comparisons between countries and states don't make a lot of sense since state populations vary. It suggests that per capita rates...

I just noticed that the tax on unearned income of children has gone way up, it now uses the trust and estate tax rate schedule that tops out at 12,500, no longer at the top rate of the parents. So the tax law now makes giving money directly to a child that would result in unearned income above...

If you look at the living will there are two basic choices which can be elaborated on " 1 I request that all treatments other than those needed to keep me comfortable be discontinued or withheld and my physician allow me to die as gently as possible; OR 2 I request that I be kept alive in this...

Has the recent spate of natural disasters lead you to make more preparations: In my case my house is all electric, so I bought a propane camp stove so if the power goes out there would be a way to cook (I do live alone). Also bought a led lantern that will run up to 280 hours on 3 d cells on...

A link that suggests that the horse has left the barn on the fiduciary rule: https://www.washingtonpost.com/news/wonk/wp/2017/02/06/its-too-late-for-trump-to-stop-this-financial-rule/?utm_term=.8a06b7d7d338 It notes 3+ trillion in money moved to vanguard and Blackrock runs 4 trillion and...

I noticed that the weather channel is running a program of nature photos called escape the election today from 3 till midnight. Nice pictures of waterfalls and the like. Better than all the coulds and mights on the news. T

First because they become required on 2018 models backup cameras are becoming ubiquitous on cars. Second you can find Adaptive cruise control on some low end models with out having to buy other dodads. The adaptive cruse control slows down if you get to close to the vehicle in front. Associated...

If you believe the Great Wave (David Hackett Fisher) https://willrwright.wordpress.com/2007/05/22/book-review-part-i-the-great-wave-by-david-hackett-fisher/ Inflation requires a growing population to go high. We note that Japan has had a long period of deflation and a shrinking population...

Just thought I would post that my retiree health care premium stayed flat this year (from an unnamed Megacorp). This is consistent with other reports, and with the Medicare results, and in comparison with the premiums doubling since 2006. (The megacorp limits its contributions to a 4% per annum...

This document covers world stock and bond returns in the period of 1900 to 2008. It also breaks out 17 countries...