- Nov 2024
-
www.philadelphiafed.org www.philadelphiafed.org
-
For nearly half of the lower-wage employment analyzed, we identify at least one higher-paying occupation requiring similar skills in the same metro area. We also find that transitions to similar higher-paying occupations would represent an average annual increase in wages of nearly $15,000, or 49 percent.
Recognition can change the world. Signals need to be valid and trustworthy, but we're so close to making a huge difference in the world through recognition of things that are already there, just hidden in plain sight.
-
-
www.youtube.com www.youtube.com
-
that's why they have the chips act because they want to reduce Your Capacity to invest in this super highway and make it attractive for everybody else this is why they are creating circumstances of choking anyone outside the United States wants to trade with China because they don't want this Super Highway way so it's not that China is getting bigger it is not that China is spying it is not Taiwan it is that China has built a digital Cloud Capital based super highway for payments which is a clear and prais danger to the Monopoly of the dollar payment system which is the only reason why the United States is hegemonic
for - key insight - US hegemonic foreign policy - for cold war with China - in order to protect the US global reserve currency - Yanis Varoufakis - Yanis Varoufakis provides a key insight here about the reason for the US cold war with China - Yanis validates his one party claim by saying that the clashing economic fiefdoms of - big tech (Silicon Valley) and - Wall street - are both antagonistic towards China - Biden's Chips Act and - Trump's huge Tariffs - are both continuations of the cold war towards China
-
the reason why the United States is so hegemonic why it can afford to be the big bully around the world is because of the Monopoly of the payment system
for - quote - the US is hegemonic and the world bully because it has a monopoly on the payment system - it is the world's reserve currency - Yanis Varoufakis
-
will that not affect the value of the dollar he said no not as long as it is the only World Reserve currency the only currency that has demand people demand it even if they don't want to buy anything from the country which is producing it which is printing it
for - key strategy - US foreign policy - US dollar don't devalue as long as it is the world's reserve currency - even if they don't want to buy from you - Yanis Varoufakis
Tags
- key strategy - US foreign policy - US dollar don't devalue as long as it is the world's reserve currency - even if they don't want to buy from you - Yanis Varoufakis
- key insight - US hegemonic foreign policy - for cold war with China - in order to protect the US global reserve currency - Yanis Varoufakis
- quote - the US is hegemonic and the world bully because it has a monopoly on the payment system - it is the world's reserve currency - Yanis Varoufakis
Annotators
URL
-
- Oct 2024
-
www.youtube.com www.youtube.com
-
50:32 Currency is the governments I.O.U. 52:04 When the government gets its tax, it no longer has the debt so it burns the currency which was an I.O.U.
Tags
- The currency itself is the governments debt
- The US Dollar is a US Tax Credit
- Federal Reserves are on the Liability side of its balance sheet
- it no longer has teh debt
- When tax is paid
- Currency is the governments I.O.U.
- The dollar bill is a debt of the federal reserve
- When the government gets its tax, it no longer has the debt so it burns the currency which was an I.O.U.
Annotators
URL
-
- Jul 2024
-
gemenergyanalytics.substack.com gemenergyanalytics.substack.com
-
As solar is displacing traditional assets, such as gas power plants, we are observing a relatively sharp increase in the price of some of the power reserves, which happens in the opposite direction than the prices on the day-ahead markets.
This implies a massive rise in value for being able to provide reserve dispatchable power, like from batteries
-
- Apr 2023
-
theodora.com theodora.com
-
Based on yesterday's discussion at Dan Allosso's Book Club, we don't include defense spending into the consumer price index for calculating inflation or other market indicators. What other things (communal goods) aren't included into these measures, but which potentially should be to take into account the balance of governmental spending versus individual spending. It seems unfair that individual sectors, particularly those like defense contracting which are capitalistic in nature, but which are living on governmental rent extraction, should be free from the vagaries of inflation?
Throwing them into the basket may create broader stability for the broader system and act as a brake via feedback mechanisms which would push those corporations to work for the broader economic good, particularly when they're taking such a large piece of the overall pie.
Similarly how might we adjust corporate tax rates with respect to the level of inflation to prevent corporate price gouging during times of inflation which seems to be seen in the current 2023 economic climate. Workers have seen some small gains in salary since the pandemic, but inflationary pressures have dramatically eaten into these taking the gains and then some back into corporate coffers. The FED can increase interest rates to effect some change, but this doesn't change corporate price gouging in any way, tax or other policies will be necessary to do this.
-
- Sep 2022
-
-
Indicative of howclose many Americans are to poverty, a recent study by the Federal ReserveBank found that 37 percent of Americans do not have enough savings put asideto protect them from a $400 emergency.20
- Federal Reserve Bank, “Report on the Economic Well-Being of U.S. Households in 2019” (Washington DC: Board of Governors of the Federal Reserve System, 2020).
-
-
www.youtube.com www.youtube.com
-
in south australia we've got the hornsdale power reserve which is a 00:32:43 100 megawatt capacity this is one that elon musk very famously uh put in so this is what the european union is now using as the standard to talk about you know it's 00:32:56 been done in australia we can do it here so in the global system we would need 15 million 635 and 478 such stations across the planet 00:33:08 in the power grid system just for that four week buffer so and that is actually about 30 times capacity uh compared to the entire global
!- for : global capacity renewable energy storage - this is not realistic
-
- Aug 2022
-
washingtonmonthly.com washingtonmonthly.com
-
Cortellessa, E., & Wolfe, L. (2021, October 15). Why Is the U.S. Hoarding Hundreds of Millions of COVID Vaccines? Washington Monthly - Politics. https://washingtonmonthly.com/2021/10/15/why-is-the-u-s-hoarding-hundreds-of-millions-of-covid-vaccines/
-
- Apr 2022
-
www.otherlife.co www.otherlife.co
-
aucun savoir de réserve
Tags
Annotators
URL
-
- Sep 2021
-
thetyee.ca thetyee.ca
-
Khelsilem Is Young, Squamish and Reshaping the Political Landscape How the kid they called Old Man Rivers is helping to change the future of his people and the region.
“The Squamish Nation fought for decades to get their land back. In 2003, 10.5 acres of the 80-acre government-designated reserve were returned to their original inhabitants.”
-
- Jul 2021
-
www.economicliberties.us www.economicliberties.us
-
BlackRock employs a stable of former policymakers, underscoring the importance the company occupies in both financial and policymaking ecosystems, in something akin to a shadow government entity.[157] Good government groups have documented 118 examples of “revolving door” activity by the company—cases in which a government official joined BlackRock’s roster, or vice versa.[158] In one particularly troubling example of how Washington’s revolving door operates, in 2017, a former BlackRock executive was put in charge of reviewing the FSOC’s work for the Treasury Department.[159] Unsurprisingly, the Department’s conclusion was that FSOC should “prioritize its efforts to address risks to financial stability through a process that emphasizes an activities-based or industry-wide approach,” the company’s preferred position.[160] This conclusion all but ensures that BlackRock will not be designated for greater regulation by the FSOC under the Trump administration.
To Big To Fail? Above The Law? Shadow Government?
The term "shadow government" comes up often when investigating Revolving Door partnerships between corporations and former government policymakers. One particular public corporation, BlackRock Investments is the poster child of revolving door activity and comparisons to a shadow government.
BlackRock is front and center in the manipulation of todays Real Estate bubble.
BlackRock should be marketed as;*The Largest Asset Manager and Keeper of The Neo-liberal Flame; We Kill Children to Make You Money and We Enjoy Doing It!*
-
- Aug 2020
-
www.nber.org www.nber.org
-
Pathak, P. A., Sönmez, T., Unver, M. U., & Yenmez, M. B. (2020). Leaving No Ethical Value Behind: Triage Protocol Design for Pandemic Rationing (Working Paper No. 26951; Working Paper Series). National Bureau of Economic Research. https://doi.org/10.3386/w26951
-
-
www.nber.org www.nber.org
-
Correa, R., Du, W., & Liao, G. Y. (2020). U.S. Banks and Global Liquidity (Working Paper No. 27491; Working Paper Series). National Bureau of Economic Research. https://doi.org/10.3386/w27491
-
-
-
Bianchi, F., Faccini, R., & Melosi, L. (2020). Monetary and Fiscal Policies in Times of Large Debt: Unity is Strength (Working Paper No. 27112; Working Paper Series). National Bureau of Economic Research. https://doi.org/10.3386/w27112
-
- Mar 2018
-
academeblog.org academeblog.org
-
From 2013 to 2017 Wright State’s reserve funds went from around $130 million dollars to less than $20 million: that’s four years over budget at an average of $27.5 million per year.
-
- May 2017
-
nfnh2017.scholar.bucknell.edu nfnh2017.scholar.bucknell.edu
-
Hay River
Hay River is a town in the Northwest Territories, Canada that was incorporated at a town in 1963. It is located on the south shore of Great Slave Lake, at the mouth of the Hay River. This town is located 201 air kilometers southwest of Yellowknife. The town was permanently settled in 1868 by the Hudson’s Bay Company to establish a trading post with Anglican and Catholic missions. The Catholic church built during the late 1800s in Hay River is still being used today in the Hay River Reserve. The Hay River Reserve is home to about 300 K’atlodeechee First Nation and was created in 1974. Before the arrival of the Hudson’s Bay Company, the area was used by the Slavey Dene people. The town had a population of approximately 3,606 in 2011. Most members of the current Hay River community have ties to the postwar construction of the Mackenzie Highway. Due to its important transportation and communication amenities and abilities, Hay River earned the nickname “the hub of the north.” This town houses the staging point for shipping up the Mackenzie River and the commercial fisheries of Great Slave Lake. The economy of Hay River today relies heavily on private enterprise (The Canadian Encyclopedia, n.d.).
References
The Canadian Encyclopedia. (n.d.). Hay River. Retrieved from Historica Canada: http://www.thecanadianencyclopedia.ca/en/article/hay-river/
-
Great Bear Lake
Great Bear Lake is located near the Arctic Circle in the Norwest Territories (Kujawinski). Great Bear Lake is the eighth largest lake in the world and spans more than 12,000 square miles. The only residents near the Great Bear Lake are the Sahtuto’ine, which means the “Bear Lake people.” They reside in the town of Deline and the population is about 500. In March of 2016, Great Bear Lake was declared a Unesco Biosphere Reserve, which acts to conserve the lake. Great Bear Lake is the first Biosphere Reserve to be controlled by an indigenous group. The Sahtuto’ine were granted self-government by the government of Canada and are now the sole people responsible for the happenings at Great Bear Lake. Great Bear Lake is a significant part of Sahtuto’ine culture. The Lake is viewed as essential for human life, based on a prophecy from the 1930s. The prophecy holds that the Great Bear Lake has the purest water in the world and that people will migrate from all over the world to drink its water and catch its fish. Climate change effects have already been witnessed at the Lake and locals believe that the prophecy will come true sooner than expected. These fears pushed the locals to have the lake preserved. Some locals believe that the Great Bear Lake gave life to every other lake and for that, it must be protected. Images of Great Bear Lake and its people can be found below: https://www.nytimes.com/2017/02/07/travel/great-bear-lake-arctic-unesco-biosphere-canada.html?_r=0
References: Kujawinski, Peter. "Guardians of a Vast Lake, and a Refuge for Humanity." The New York Times. February 07, 2017. Accessed May 03, 2017. https://www.nytimes.com/2017/02/07/travel/great-bear-lake-arctic-unesco-biosphere-canada.html?_r=0.
-
- Apr 2016
-
marketmonetarist.com marketmonetarist.com
-
The paper with the ambitious title Optimal Monetary Policy at the Zero Lower Bound Bullard has co-authored with Costas Azariadis, Aarti Singh and Jacek Suda.
Author affiliations:
- Costas Azariadis, Professor of Economics, Washington University in St.Louis
- James Bullard President and CEO, Federal Reserve Bank of St. Louis Aarti Singh Jacek Suda
-
- Oct 2015
-
inst-fs-iad-prod.inscloudgate.net inst-fs-iad-prod.inscloudgate.net
-
The parallels with the 1970s are uncanny—including the immediate easy-money response of the Federal Reserve in 2007–08, which will almost certainly generate strong currents of uncontrollable inflation,
Sometimes there isn't an easy fix for the repercussions of an easy fix we made before to a previous issue.. Instead of a band aid, we need to input the necessary monetary/other resources to completely fix the issue, or it will be a constantly recurring issue
-
- Jul 2015
-
www.stlouisfed.org www.stlouisfed.org
-
This working paper was discussed in the Washington Post's Wonkblog on 28 May 2015 http://wapo.st/1LN3snw
-
Author affiliations:
- Costas Azariadis, Professor of Economics, Washington University in St.Louis
- James Bullard President and CEO, Federal Reserve Bank of St. Louis Aarti Singh Jacek Suda
-
-
www.washingtonpost.com www.washingtonpost.com
-
active link to this working paper Optimal Monetary Policy at the Optimal Level Bound
-
Bullard's co-authors are Costas Azariadis of Washington University and the St. Louis Fed, Aarti Singh of the University of Sydney and Jacek Suda of the Narodowy Bank Polski.
Author affiliations:
- Costas Azariadis, Professor of Economics, Washington University in St.Louis
- James Bullard President and CEO, Federal Reserve Bank of St. Louis Aarti Singh Jacek Suda
-