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washparkhorn

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Everything posted by washparkhorn

  1. The only issue in play is whether this is supply-side inflation or demand-pull inflation. The difference is important. Supply-side inflation (cost-push) is a different beast from demand side inflation (too much money burning a hole in someone's pocket). Different tools are deployed for each. A conservative economist explains the difference: https://www.nationalreview.com/2021/10/inflation-is-more-complex-than-you-think/ Supply-side inflation (as opposed to demand-pull inflation): TLDR: But if inflation has a significant supply-side component, forcing the economy to adjust to a new, lower level of demand, it will spell trouble for both labor markets and goods markets. Economics textbooks warn of the dangers of targeting inflation when supply is unstable. In terms of real output, those supply problems could cause aggregate-demand restraints to make things worse, not better.
  2. Sinema's brand value has plummeted. She professed and demonstrated her lust for Empty Suit Senator Status. She is a grifter. She lied to voters so she could take care of her needs. That's poison in the dominant people-oriented campaign funding realm. The $27 micro-funding strategies work. That will doom her current trajectory. She poisoned herself with the curtsy. She loses Arizona if she is cast as the corporatist v. the people. She must know that. Or maybe not. Perhaps she has a great awakening. Clock is ticking on her political future. I think she is toast, but I suppose she could do something and be granted atonement by the people of Arizona. I don't think she's smart enough to figure it out - and she likes the attention. Toxic narcissism in overdrive the past year. Pharma and her other Patrons should, if they have not already, disown her tactics or risk brand degradation. Just an opinion. Gallego hits the right notes to protect that seat. Sinema can't win it. Arizona Democrats have made tremendous gains. Let's hold them.
  3. TSMC of Taiwan, not INTEL, is the bellwether for that sector. TSMC has stated their highly desirable chips will be in short supply through 2022.
  4. What was the lesson of the teepee boy with a lance through his head and post-it notes adorning the spear's shaft?
  5. Got it enough to understand "post-Covid symptoms" is a catch-all. This segment worries me given my kids' ascent into adulthood. https://journals.physiology.org/doi/full/10.1152/ajpheart.00368.2021 Does Pharma have a fix that doesn't involve a de-wormer (unless it turns out worms are involved because, who the hell knows these days).
  6. We are pouring out some rather significant disability after Covid into systems that don't provide much for humans similarly-disabled. Misery, Inc.
  7. $120 billion a month in Fed wealth transfers since March 2020 built that.
  8. American Splendor vibe. You need an illustrator to capture it (Thompson had Ralph, after all). Someone from the ethereal genre might dramatize the flow quite well. Damn good writer.
  9. Source for above: https://www.census.gov/retail/marts/www/marts_current.pdf The disclaimer for the data should be included when using this data. __________________ November 3rd is the next big day for the Fed. We are currently pumping $120 Billion a month into the financial markets (and have been since the pandemic started - March 2020). (Do the math). The Fed will decide whether to slow the pace of that income transfer into already inflated assets.
  10. Repubs would give him any committee he wants and star billing, if he switches and gives the Republicans the Senate. Corporations would continue to fund him (and Sinema, if she switches). He is the new Strom Thurmond or Phil Gramm (Texas Senator and Rep. who switched from Dem to Republican).
  11. Bitcoin exposure through a regulated vehicle. Two One billion in two days into BITO. https://www.nasdaq.com/articles/bito-proves-to-be-a-good-bet-on-the-future-of-cryptocurrency-2021-10-20
  12. Rahm nomination hearing today on the anniversary of Laquan McDonald's murder. Other than Neera Tanden, Rahm Emanuel is the worst nomination by Biden's team.
  13. "recessionary flattening of the curve" I think it's chop (transitory) due to uneven economic recovery around the globe (I.e., supply chain unevenness). We still have a lot of juice flowing ($120 Billion a month); we shouldn't see recessionary trends with that much booster still flowing into the system. https://mishtalk.com/economics/despite-widespread-belief-in-strong-inflation-the-long-bond-suggests-otherwise
  14. TIL: Cult members hate the word cult. It's their greatest fear.
  15. So this is a Top Golf that can covert into an amphitheater?
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