Ask an Economic Genius Anything

>Name one economists of economic strains of thought you agree with
Depends what you mean "agree with". Do you mean agree with as in I believe what they say to be correct? Or do you mean "agree" as in I support the narrative they push on the perplexed masses?

An economist of who I agree with in fact is Stephanie Kelton.

An economist I agree with in narrative is Paul Krugman.

An economist who I disagree with both in narrative and in fact is Milton Friedman

How long till Leafs currency hyperinflated

Also, don't call me an "undergrad attention whore faggot" when you're a literal drop out... ok?

Never.

>I'm a filthy Jew that wants attention
Obviously.

what's a profession you could see yourself doing?

> Depends what you mean "agree with". Do you mean agree with as in I believe what they say to be correct? Or do you mean "agree" as in I support the narrative they push on the perplexed masses?

Oh, come on now. Don't be a fucking cunt.

> Stephanie Kelton

Who?

> Paul Krugman

Again, don't be a fucking cunt. 'Agree in narrative' and you choose FUCKING KRUGMAN? Okay, why?

> Milton Friedman

Okay. Now you're just your name dropping.

This. Op is a dazzling faggot

So constant 2% inflation yoy?
Or one works currency?

commie alert

>I'm the top failed accounting student in my university, I dazzle professors with my stunning wit, I also chair a social justice organization and have political/media connections. I have a deep routed understanding of the economic system and am willing to discuss with anyone interested. What we're seeing today is nothing new and it certainly won't be the last time QE is used, but if you want to know more, you must capture both my precious time and attention. I am not a Rothschild but would consider myself an honorary at spirit.

LMAO - Okay, link one or your publications.

> Stephanie Kelton
> She is currently a professor at Stony Brook University[1] and was formerly a professor University of Missouri–Kansas City.[2] She also served as an advisor to Bernie Sanders' 2016 presidential campaign.

You call yourself a 'know everything economist' and support the economic advisor to Bernie for a shit-tier school? Seriously?

Okay, but I'll bite... Why are Bernie policies 'factually' correct? How do you even fucking measure the 'factual correctness' of Bernie policies?

Chairman of the FED, although a lot of my father's friends have quite prestigious positions at the ECB so perhaps I already have my foot in the door there. Although I'm a little young right now, this is for when I'm much older.

What even is your response?

When I name an economist you don't know, you respond with "who?" implying you can't even be bothered to look it up.

Then when I name Milton Friedman, arguably the most famous economist, you accuse me of name-dropping. Please be consistent in your criticism.

I agree with Paul Krugman's narrative because he is the perfect establishment economist. He successfully dismantles MMT believers while supporting a system of sustainable and replenishable debt. Krugman is the economist that has created our neoliberal utopia.

To add to my comment the more I read about her:
> Contributions Modern Monetary Theory
> en.wikipedia.org/wiki/Stephanie_Kelton

Okay. So, again, I'll bite: What is the factual proof that MMT is correct? Links to peer-review articles required.

Inflation should never exceed 5% for more than a few years, we have perfected inflation control in the early 80s.

Accounting is beneath me. Don't insult me.

>implying I'm going to dox myself.

You're clearly trolling. Bernie's economic policies are "factually" correct. That's why he was so dangerous to the Democratic establishment and the neo-liberal order.

If you really did get as far as to get a PHD in economics you would know MMT is factually correct and wouldn't need to ask me.

You're either lying or trolling at this point.

>Krugman is the economist that has created our neoliberal utopia

Okay, you gotta distinguish Krugman the normative and Krugman the positive. Krugman is definitely a fucking Liberal - which I assume your read his NYT Column. However, Krugman is pretty much a neoclassical economist. He's not neoliberal, I would hardly say Krugman is the perfect establish economist. That's Mankiw to me.

Mankiw - Conservative
Krugman - Liberal

Smash those together, and you get the ideal centrist economist.

What do you think about this video?

youtu.be/hlqAM76qq6U

Paul Krugman is not a neoclassical economist for the simple reason he does not believe in Say's law. In fact Krugman's entire work on national debt is based on the axiom that Say's Law is incorrect. Supply does not and can not create it's own demand without a perpetual spender/borrower. Krugman has advocated or permanent deficits for this reason.

This is such a significant difference in thought that Krugman can not be compared anywhere near to a neoclassical.

how does it feel to get cucked this hard? lol loser

I hate it, I HATE IT

Do you have any good investment advice? Also what do you think of Bayesian Investor?

bayesianinvestor.com/blog/

Attached: Bayes' Theorem.jpg (1200x769, 166.65K)

Dude. No orthodox program teachers MMT as anything but a fringe theory. Look, let me put int this way...

MMT can work, in theory. However, given the current economic and political system, it cannot work. Debt does matter, as long s the current economic reality exists. MMT will only work if you entirely replace the current economic system, which... okay, if you want to change reality, is now 'correct'

This is like saying 'Gravity doesn't exist, that is fact' and then ignoring the caveat that 'Oh, this is fact as long as we replace and redefine the entire physical world re live in'

So.. Not disagreeing with you that MMT can work in theory, but saying it is factual correct... No.It is a theory that works in theory. Name one place that it has been tried. Name one peer review piece of evidence that MMT can work in practice.

Cucked? LMAO. Keep crying.

say the name of the US president boy

I do not have my brokers certificate so I am not allowed to recommend investments.

If it means anything, I'm personally a major investor in Geogroup. I believe in the future of private prisons, especially as it seems the Republicans will be in power another four years, control the senate for 8, and have the courts stacked for the next 20

>Paul Krugman is not a neoclassical economist for the simple reason he does not believe in Say's law.

Don't be a fucking gate keeper. He believes in the neoclassical synthesis. That makes him by definition a neoclassical. Classical believe in Says Law..

No neoclassical believes in says law, on classic. But again, you're being fucking pedantic. Which, I appreciate you know what you're talking about. But, most people don't give a fuck.

>I also chair a social justice organization

Trash

Yet here you are, so fucking stupid that you are posting a Yas Forums thread on Yas Forums

-Top economics student.
My cousin is second year at one of the top Universities in the Country and they haven't mentioned a single thing to students about the current crisis. Your education is worthless.

Is it an inside joke that foreigners buy the best property in exchange for trinkets like glass beads?

>MMT can work, in theory. However, given the current economic and political system, it cannot work. Debt does matter, as long s the current economic reality exists. MMT will only work if you entirely replace the current economic system, which... okay, if you want to change reality, is now 'correct'

Funny how MMT is fringe theory when you call it "MMT", but what MMT promotes is accepted as mainstream by anyone in a serious academic or political position.

To quote Dick Cheney... "DEFICITS DON'T MATTER". Was the Dick Cheney regime "just a theory" or was the Bush Admin a perfect real world example of deficit hawks being blown to pieces (not literally like the Iraqi's).

Nazi Germany used MMT, although they didn't call it that. Within 8 years the Nazis restructured their entire economy from the poorest country in Europe to the second wealthiest super-power. That is a real world example as well.

Is the international debt ever be cancel?

even most high profile economics at time are quite shitty, I have read the works of some of the anti rational agent ones like Nassim Talib, but what you do think of pic related?

Attached: inferior market.jpg (1234x391, 173.19K)

Why are you gay?

Yas Forums you fucking tourist

Donald Trump.

I'm not being pedantic. Whether you believe in Say's law or not is the number one determinant of whether you'll purport supply side economics, deregulation, and government subsidized corporate expansion; or whether you'll support a welfare state, pseudo-state-capitalism, and an economy propped up by perpetual borrowers or spenders.

One's opinion on Say's law is arguably the most important economic belief they can hold.

Do you feel like you wasted your life learning about an economy that won't exist in a few months?

good dog

Post BBC

A new stimulus bill has been proposed and it's called ."The Emergency Money for the People Act." H.R. 6496

If passed, the bill will pay Americans $2,000 a month for up to 6 months. archive.is/W9iwK

Here is a link to a petition. Please sign/share the petition. chng.it/9fnz5LgHrj

We also need to let our politicians know about our support for this bill. Here is a link to contact your representative. usa.gov/elected-officials