The Federal Reserve is owned by the banks. It wants to make sure inflation happens. Why? Because it encourages borrowing. Banks profit when people borrow.
That means it steals your purchasing power to encourage you to borrow and pay interest. So it takes from you twice.
The best analogy I can think of is when, during the industrial revolution, governments raised taxes on farmers so much that they had to move to cities and take jobs they otherwise wouldn’t want to be able to survive.
This is completely immoral, and is theft.
Wake up and listen to @michael_saylor if you want to preserve what you have.
A famous study done in 2001 and 2002 in Chicago and Boston randomly applied white-sounding and black-sounding names to 4,890 fake job applications and found that white-sounding names got 50% more callbacks (10.06% vs 6.7%).
A more recent study in 2016 did the same thing with 15,000 job applications in New Jersey and New York City, before and after bans were put in place asking about criminal records.
Overall whites got 22% more callbacks than blacks (12.9% vs 10.5%). While differences in cities & methodology might account for differences from the 2001-2002 study, I suspect that this at least in part reflects a substantial decline in racial discrimination over those 15 years.
Why is PPE considered first for medical personnel?
It should be considered first for the massive labor force that should be reallocated to making more PPE.
That way the medical personnel don’t run out of PPE.
We have a wartime-level lockdown, but our economic stimulus package looks meant for a 2-month recession. Where is the economic mobilization to fight the war?
For someone whose position is fine, the rational thing to do with an extra $1500 is save it. For someone who lost their job, $1500 isn’t good enough.
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Tonight's newsletter is on whether chloroquine and hydroxychloroquine act as zinc ionophores. Verdict: probably not. Addendum: as immune suppressants, they can be proviral in vivo against at least one virus they were antiviral against in vitro. chrismasterjohnphd.com/covid19-updates
All this time spent on whether Kresser was misleading for grouping 71% no association and 13% inverse into 84% no or inverse is ridiculous.
If the claim is dairy causes cancer, there’s nothing misleading about grouping the figures together to say 84% of the meta-analyses of the observational evidence contradicts it.
And if you has no effect, you’d expect some to find increased risk and some to find decreased risk. If most find nothing and 10-15% find increased and decreased on each end, that’s consistent with no effect.