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Recent content by TNAR

  1. TNAR

    More intro - an economic diagnosis for today

    Didn't think you'd be able to answer that one. Sent from my SAMSUNG-SM-G870A using Tapatalk
  2. TNAR

    More intro - an economic diagnosis for today

    So let me get this straight. You think the Fed should force interest rates lower and employ easy money policies in order to encourage consumption spending, but it is "greedy" consumers who are to blame for the boom-bust cycle?
  3. TNAR

    More intro - an economic diagnosis for today

    Consumption spending is the smallest portion of a market economy. The theory you recommend is largely responsible for the economic state we're in now.
  4. TNAR

    More intro - an economic diagnosis for today

    Nope. Don't know Lafayette.
  5. TNAR

    Why do we measure inflation in dollars, instead of in hours of labor?

    I wish there was an exasperated emoji.
  6. TNAR

    More intro - an economic diagnosis for today

    This was dangerously close to TL/DR territory. But, the fact that you label yourself an economist with “graduate work” got me intrigued. Sue me. First off, welcome to the dog and pony show. I have found that the moderators here are not nearly as quick as those you'll find elsewhere to ban those...
  7. TNAR

    US Air Force to Ask for More Drones

    Transistor concentration has slowed down, processing performance has not. Sorta. Supercomputers have used 128-bit registers since the 70s. There are many chips today which utilize 512-bit registers with plans on increasing in the near future (think GPUs). Transistors per area has stagnated as...
  8. TNAR

    The Demand For Defense?

    No, that is a command economy. The division between public and private sectors makes it a mixed economy. Are there elements of socialism present? Yes. So are elements of fascism, capitalism and many others. Again, too much focus on socialism.
  9. TNAR

    The Demand For Defense?

    Ahh… I think I see where the communication break is occurring. Our positions are not mutually incompatible. I am simply saying that tax money collected by the government is subsequently transferred to other individuals. Every dollar it takes in via taxes winds up in someone else’s pocket. In...
  10. TNAR

    The Demand For Defense?

    You’re getting lost in the weeds. Your original statement was simply that “Socialism is the absence of consumer choice.” While this is certainly an integral part of socialism, it is neither the defining tenant nor solely characteristic of socialism. By erroneously labeling the U.S. market...
  11. TNAR

    The Demand For Defense?

    You are victim of misapplying theory. Let's review the statement you posted: 1) "As an instrument of fiscal policy to help stabilize the purchasing power of the dollar." Fiscal policy refers to the revenues and expenditures of government. Taxes, such as we are discussing, are among the revenue...
  12. TNAR

    The Demand For Defense?

    If taxes aren't paid out to others, what purpose do they serve? Either the money is paid to others, as I said, or it sits in a vault and is unnecessary.
  13. TNAR

    The Demand For Defense?

    Whew! Here I thought that the citizenry was taxed by the government in order to pay off its own bills. Glad to see that taxation is unnecessary!
  14. TNAR

    The Demand For Defense?

    The amount confiscated and the intended use of the wealth is completely irrelevant. Every single dollar the government spends is supported by a segment of society, else it would not be spent in such fashion. Simply because some percentage of society supports whatever expenditure does not remove...
  15. TNAR

    The Demand For Defense?

    If you want clarity, using terms properly should be your first step. How do you expect anyone to focus on the details of your idea when you do not even present the high level concepts in an accurate manner? Both economic and political differences are quite stark. The bottom line is that the...
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