Hyperinflation Good For Grrls?

[jordan179]

Hilarious rantings of a self-proclaimed "feminist economist," brought to us by melvin_udall at http://melvin-udall.livejournal.com/1237301.html?view=7680565#t7680565 referencing Read more... )

Comments

[operations]

Feiner, who claims to be an economist (ROFLMAO!) says:

Here are the facts: U.S. government borrowing creates interest-bearing assets. The bonds are bought with dollars, the interest on them is paid in dollars and, at maturity, the bonds are paid off in dollars. Since the U.S. government is both sovereign in its own currency and the sole issuer of dollars, it can never run out of them. How could it?

And right there this person gets to shut the hell up and give back any degrees earned until she understands the concept of fucking inflation!

[rowyn]

Oh, but 30 million unemployed is a GUARANTEE against inflation! You can't have high inflation and high unemployment, everybody knows that.

I realize that Ms. Magazine is hardly a bastion of journalistic excellence, but this? Is insane. I know of no other way to describe an argument that says it's impossible for a government to spend too much. o.O

[polaris93]

She likely is insane. So are the believers among her audience. So are the "thinkers" who post/publish similar crap, and their followers. That there are so many of them is utterly terrifying.

[polaris93]

Not to mention simple arithmetic, logic, and the other tools of reason. Where the hell did she get her education? Let's nuke it, wherever it is . . .

Public silence ... and private influence

[ilion7]

There are *reasons* that our fathers did not allow their daughters a public voice, and feminists generally well illustrate it.

Re: Public silence ... and private influence

[ext_531464]

...yeesh.

Antifeminists are a bunch of talentless troglodytes.

*yawn*

[ilion7]

*yawn*

Re: *yawn*

[ext_531464]

Ok, name a good novel with anti-feminist themes or even one written by someone who's openly antifeminist written in the last 20 years.

[benschachar_77]

Ah liberals, their economic illiteracy would be the stuff of legends if every freaking douchebag in the MSM would get their heads out of their asses but no, dems are allowed to ignore basic principles like Hauser's Law because they do it "for the poor" and anyone who calls them out on it is a corporate whore- end of story, lalals can't hear you.

Bitter, me? Yes.

[kalance]

I...I want to say that the original article was meant as satire. In fact, you know what? Yeah, it's satire now. Whatever anyone says, I will insist it has to be satire, and for very good reasons:

Because if that woman isn't trying to be ironic about our government spending money like they believe it's alright because they can just make more, then that's it, "Game over, man!" If people that irredeemably stupid can reach breeding age and not have swallowed a pound or arsenic somehow, then we may as well just push "The Button" and be done with it, because you know there are more of them right around the corner! The human race, as a whole, is beyond all hope. Tragic.

And I don't want to accept that. So it was satire.

SATIRE!*twitch-twitch*

[polaris93]

Sadly, I have to agree with you. I understand it's worse in Europe than here -- maybe. But we're rapidly going down that same easy road, straight into the Pit, God help us.

[polaris93]

Where do they get these people? What's disturbing is that in spite of the fact that letting idiocy like this "feminist economist's" see daylight exposes it to all the ridicule it deserves, the authors go right on churning out their stuff, and new ones come along to add to the pile all the time. Nothing deters them -- and they keep getting published. Which means there's a sizable audience for their writings that has achieved some sort of stability as to size. That there are that many readers taking junk "science" such as this to heart is terrifying.