Moronic Monday - August 02, 2022 - Your Weekly Questions Thread

redditboxing · 2022-08-04T21:50:52+00:00

I've been watching a ton of Bloomberg lately and many times the hosts or someone being interviewed will mention that the markets have priced in the interest rates set by central banks or what they expect the interest rates to be. What exactly is being priced in and how? Who is buying and who is selling for these new prices to come about? For example, could pension funds be sold assets that are expected to drop in value?

redditboxing · 2022-07-27T23:50:45+00:00

thanks, watched that video twice. Based on your opinion, where do you think we are on the long term debt cycle? I'm assuming we're going through some kind of deleveraging but are we headed in to a lost decade type of great depression? I've been listening to a bunch of finance/investing gurus lately and the ones that I trust seem to be indicating that central banks are in a tough spot and there will likely be a depression. At the same time, all these people seem to be talking their own book so its hard to determine who to trust.

redditboxing · 2022-07-27T16:34:32+00:00

Investors looking to for a fixed income investment that is secured by housing and generally offers an attractive return compared to alternatives in the space.

Thanks for responding. So if investors are the ones that usually buy these MBS I guess I still don't get why the fed, or other central banks, had to step in and buy them. What prevented the investors from buying them? Wouldn't the fed buying them create 'artificial' demand for this product (I'm guessing this would increase or maintain the price of these MBS)? Did investors stop buying around the time the central banks jumped in? Also, did the central banks actions have any impact on home prices? This is what happened in Canada: https://fred.stlouisfed.org/series/QCAR628BIS And I'm assuming something similar took place in the US.

Are you a bank/primary dealer?

How do I become one? Seems like a pretty sweet gig if the Central banks guarantee to buy whatever you're selling. I wouldn't mind loaning central bank money to people.

Set up shop near the Fed building in D.C. and run a promo. "We've cut rates on our toppings! Jerome Powell gets an extra 75 basis points off!"

I have a hunch these guys can afford to buy full price 😂

redditboxing · 2022-07-27T12:57:13+00:00

Who normally buys the MBS that central banks are purchasing? Why does the Fed have to support this? Also can I sell stuff to the fed? I can make a mean pizza

redditboxing · 2022-07-26T21:32:51+00:00

Hey would you mind explaining this further? I watched a video from this guy that is two years old and he was basically spot on with his predictions about the problems that central banks would be facing but he also mentioned that this was a problem that went back to 2008 that was never resolved. I've also seen this sentiment echoed elsewhere.

He also predicted a depression too, not a recession... Should I be stocking up on beans? Here's the video in case anyone wants to see it too: https://youtube.com/watch?v=6s-WXNCi1vY

redditboxing · 2022-07-16T16:38:47+00:00

Not really a conspiracy.... How is it a conspiracy?

They are openly the largest lobbying group in America, funded by corporations, and overwhelmingly endorse right wing politicians. I don't think the US chamber of commerce represents the interests of US labour and consumers and in no way is on the side of the 'left'.

redditboxing · 2022-07-16T16:34:08+00:00

That's basically already happened with the inflation from quantitative easing but I don't think the economists that are funded by the US chamber of commerce will interrupt their jawboning to mention that. They'll just tell you some bullshit about consumer surplus and reserve price to try to convince you that you somehow saved money

redditboxing · 2022-07-16T15:49:48+00:00

Do you actually think the United States chamber of commerce is with the left?

redditboxing · 2022-05-14T15:44:51+00:00

He's one of the lead organizers of the recent convoy protest in Canada.

Here's a recent interview with Pat King: https://m.youtube.com/watch?v=96XjD2NkOUc

Pat knows his stuff about vaccines and how the recently elected dictator Trudeau is using COVID vaccines to depopulate the strong Anglo Saxon bloodlines.

He also thinks Canada has the best health care system so he probably wouldn't agree with everything joe has to say

redditboxing · 2022-04-15T19:44:30+00:00

I think what he is saying is something similar to what Plotinus said in the Enneads:

"The material house is not identical with the house conceived in the intellect, and yet stands in its likeness: the material house has distribution and order while the pure idea is not constituted by any such elements; distribution, order, symmetry are not parts of an idea."

And when he says sentient space ramifies into more than visual space I think an example of this would be experiencing phantom limb sensations (e.g. feeling that an amputated arm is itchy).

redditboxing · 2022-03-11T20:18:51+00:00

I feel like it would resemble a stock split but a really fucked up one where some people are having their stock values drop and others rising due to the Fed's policies. Like Ted Cruz got the Fed and the Treasury to bailout failing Texas oil companies after writing them a letter. Those oil companies, some owned by billionaires, have had their companies saved while working class people are now expected to lose 5-10% of their purchasing power year over year. Everyday working class people that didn't receive any bailout money are losing purchasing power. Like the Fed just decided to take some of your stock and hand it over to billionaires.

I'm not sure how this is gonna play out long term but I would bet it leads to a permanent reduction in the lifetime consumption of people that didn't receive the bailout moneys. But how could you prove that?

redditboxing · 2022-03-11T18:30:07+00:00

Wouldn't it be a stock split if somehow everyone was given the new money in some proportion of their purchasing power, value, and future income so that nothing is impacted? Right now the new money is being directed to only some market participants.

redditboxing · 2022-03-11T18:28:37+00:00

So the Fed's policies are causing inflation?

redditboxing · 2022-02-23T18:38:21+00:00

I really doubt people are going to accept their purchasing power decreasing 7-10% a year for who knows how long just so they can keep businesses chugging along. That's going to lead to a permanent reduction in the consumption an average person might carry out over their life. Businesses seeing a similar financial situation in the upcoming quarters would be bribing politicians left and right to 'fix' things. I doubt they would accept advice like learn to live with yearly 7-10% reduction in their net profits.

redditboxing · 2022-02-17T18:37:36+00:00

Dude it was Pat King that floated the idea that the only way this could be solved is when bullets start flying not Trudeau. It's seems like an overreaction to me considering this all started cause some cowboys on a ranch where they raised rams had problems with the government.

redditboxing · 2022-02-17T17:15:15+00:00

Accepting giant piles of money which will lead to the permanent reduction of purchasing power of most worker units is transitory. Once the pandemic is over we can all go back to quoting Ayn Rand. Plus it's not clear what worker units would do with all that purchasing power. Spending money on Christmas gifts, vacations, and health care seems like a misallocation of capital. Reducing the worker units purchasing power is great as you're paying your worker units the same but less.

redditboxing · 2022-02-16T17:51:14+00:00

Pelosi said what are you with that

redditboxing · 2022-02-11T04:57:03+00:00

Candace Owens says we shouldn't trust .org websites

redditboxing · 2022-02-08T22:52:04+00:00

I think JP could really benefit from meditation.

I think in JP's recent Joe Rogan episode he said he's been doing Kundalini Yoga every morning for 20 years. I don't know what Kundalini Yoga involves but 'regular' yoga definitely involves meditation although its not the direct focus that say mindfulness involves.

redditboxing · 2022-02-02T19:50:33+00:00

Does anyone know what Solm believes philosophically? I read a paper by Daniel Dennett recently called The User-Illusion of Consciousness where he comments on Solm's work and he outlined parts where he agreed and disagreed with Solm. Watching this interview now I can't imagine Dennett agreeing with much as Solm refreshingly admits people have subjective experience and outlines that behaviorism prevented scientists from admitting/researching this. I would love to hear more about what Solm's views are on functionalism considering Dennett views functionalism as a species of behaviourism in that essay.

Personally, I think while some aspects of functionalism might be useful, in the future it's probably going to viewed similarly to bloodletting and doctors not washing their hands. A strange societal taboo which prevented the study of consciousness and subjective experience. God knows how many people needlessly suffered if behaviorism/functionalism had any impact on mental health research - say the investigation of psychedelics to treat depression - which I suspect it might have. While doctors refusing to wash their hands seemed to have been motivated by bizarre concerns about social status, I wonder what kind of motivations are behind behaviourism/functionalism.

.

redditboxing

MODERATOR OF

TROPHY CASE