jamiepeterknights

jamiepeterknights

  • Commented on Schadenfreude
    Charlie @112 : for many of the Modern Monetary Theory crowd either a citizens allowance or job guarantee is the cornerstone of economics. The number one goal....
  • Commented on Schadenfreude
    A male or female banker is a waste of human potential....
  • Commented on Schadenfreude
    Money is notostly about representing value. It is created ex nilhilo in response to demand. Money is liquidity. It is a fluid that facilitates trade and pauments. You can do trade without money if you have an accounting relationship- eg...
  • Commented on Schadenfreude
    Joining the euro NOW is a bad idea. Scotland won't want the fiscal handcuffs the Maastricht treaty imposes on euro zone members. That is the whole point of the independence vote. In 2 years time who know though? If Scotland...
  • Commented on Schadenfreude
    There is no seperation between banker and politician. Bankers provide over 50% of the funding for the Conservative party. That is why the policies we have in place are in place they are to benefit the 1% not the 99%....
  • Commented on Schadenfreude
    They are banksters. There is no other word....
  • Commented on Schadenfreude
    As currently conceived money is about greed. A banking license gives the banksters license to create money at will and lend it out to you at will creating a debt from you to the bank. This is the only way...
  • Commented on A Rebuttal of 'The Singularity is Further Than it Appears'
    I don't subscribe to any of this resurrection stuff. I just suggest it is very possible we are digital simulations in a very realistic simulation of a physical universe that existed billions of years previous to the period the simulations...
  • Commented on A Rebuttal of 'The Singularity is Further Than it Appears'
    I don't have any time for Christianity either but the slowing of time if we are in a universe that contracts is a plausible description for exponential increases in computational power. David Deutsch has time for this but also suggests...
  • Commented on A Rebuttal of 'The Singularity is Further Than it Appears'
    Exponential improvements in artificial intelligences be a physical certainty- see Tiplers omega point cosmology http://en.m.wikipedia.org/wiki/Frank_Tipler It means we are probably living in a simulated reality http://www.simulation-argument.com...
  • Commented on Why I want Bitcoin to die in a fire
    About the only reason I would buy any lol...
  • Commented on Why I want Bitcoin to die in a fire
    Pension funds have always held diversified portfolios- gilt yields have often underperformed equities for long periods of time http://www.thisismoney.co.uk/money/investing/article-2097825/Credit-Suisse-stock-market-returns-1900-The-24-year-spell-UK-shares-failed.html Corporate bonds are also often better long term investments and don't rely on a tax payer subsidy....
  • Commented on Why I want Bitcoin to die in a fire
    We'll that doesn't work very we'll does it? When gilt yields are lower than inflation (as they have been for last 6 years) this guarantees that pension annuities have real terms drop in value. If pension funds can get yield...
  • Commented on Why I want Bitcoin to die in a fire
    Charlie, totally agree with your view on bit coin. Economically it is irrelevant - a dangerous toy that will be used by criminals and speculators. We live in a corrupt system where we have allowed the most corrupt people in...
  • Commented on Trotskyite singularitarians for Monarchism! A political speculation.
    Modern Monetary Theory will replace current economic explanations http://neweconomicperspectives.org/2013/03/what-is-modern-monetary-theory-or-mmt.html...
  • Commented on Marking time, more thoughts
    This whole thread reminds me of the arguments that automation would make us all unemployed in the 1970s. It wasn't the machines that made us unemployed then and it won't be now. There is plenty of "work" that needs doing...
  • Commented on Who ordered *that*?
    The GMB union has published research in nov showing that 248 of the 1,000 people on the Sunday Times rich list have given money to the Conservative party. They have donated £83m. With the political wing of banksters and global...
  • Commented on Obituaries
    Our government was and is aware of the contentious nature if the Falklands. At any point it can resolve this by making them full British citizens. That is what causes the ambiguity....
  • Commented on Obituaries
    As for the falklands. The islanders should either be British citizens or Argentina citizens. What the hell is a protectorate? If you are a citizen of a country you abide by its laws, pay its taxs and are entitled to...
  • Commented on Obituaries
    Something happened in the 70s. It was less to do with thatcher than people think. For thirty years after ww2 the west had stable growth, full employment, rising living standards, only two minor recessions, falling inequality withe ratio of highest...
  • Commented on Press release
    Good for you, Charlie. Please can you summarise what books we can expect and when over the next two years. It would really cheer me up (after seeing the Tories go up 5 points in the opinion polls whilst threatening...
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