Monday, June 30, 2014


Paul K and Simple Simon.... and the NK dementia praecox

Macro Monetarism first As a means to mobilization or better re mobilization Of idle production factors Is capitulation to corporate board room sponsored think tank strategeery But on it's own terms it's proven as bankrupt as Samuelson tobin macronomics Look at 1951 to 1979....... 28 years Now look at 1983 to 2009 ....26 years Two epochs that led to debacle The first caused a revulsion from the prevailing policy paradigm Look at the second epoch Where's the revulsion now ? Imagine any mobilization utilization macro strategy That even if Implemented under low initial household debt ratio conditions led in about twenty five or thirty years to an utter flummox like 2009 Why would you advocate such a policy even in the first twenty years of the interval ? knowing spirits oughta now cancel the monetary first macro policy We attach to that drip of snot called NK macro right out of the starting blocks

Sunday, June 29, 2014

Cottage model building

These are just for gamers and logic chop sophists Nothing is at stake

Assignments for the fed and the fisc

Open for perpetual reassignment Output Debt Employment Wage rate levels Forex Trade Product price levels Etc The attempt to wall up essential macro dash board controls Inside the FED is an obvious corporate objective

Mobilization versus stabilization

Stablization is a macro mission for status quo macronauts Mobilizing to the max socially available production factors May be an over stated mission For progressive job class macronauts But not by much Not now Not here in Hegland


At We have a new conviction about the centrality of the flying fire sector ( FFS ) Once the net up flow of M from the production sector ( PS ) is zeroed out The FFS can expand by direct credit infusions or even without infusions It can self expand it's scheinvert