CarrotSticks

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CarrotSticks

CarrotSticks

@CarrotSticks18

* Thought leader. * NY Times best selling author. * Grammy Award winner.

Katılım Ocak 2021
70 Takip Edilen159 Takipçiler
CarrotSticks
CarrotSticks@CarrotSticks18·
@BillyKelleherEU The army was deployed under the Aid to Civil Power Act. You SHOULD know this as a member of FF & an MEP. Whether this was intended as a threat is open for debate. According to Tom Clonan, the deployment was quite a unique event in that it served a policing support role.
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CarrotSticks@CarrotSticks18·
@BurtchaellJohn @eoinmauricedaly Note: I said the UK is in economic trouble, not that it faces hyperinflation. Stagnant productivity for yrs Sluggish growth Unemployment rising toward 5.3% High public debt Ongoing enshitification etc Labour isn't a switch you can flip on. Money printing isn't consequence-free.
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Cllr. John Burtchaell- Solidarity
Cllr. John Burtchaell- Solidarity@BurtchaellJohn·
@CarrotSticks18 @eoinmauricedaly large foreign currency debt obligations. These factors do not apply to a developed economies such as Britain in peacetime. The UK is an economic entity with massive productive capacity and more capacity lying idle (e.g. labour) which can be easily activated..5/
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CarrotSticks@CarrotSticks18·
@BurtchaellJohn @eoinmauricedaly Money printing is not passive, John. Each of the examples I gave had money printing was an active choice and a core driver of inflation and the immiseration of the populace. You are proposing radical changes while dismissing the evidence based consequences seen over & over.
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Cllr. John Burtchaell- Solidarity
Cllr. John Burtchaell- Solidarity@BurtchaellJohn·
@CarrotSticks18 @eoinmauricedaly As a result there was little availability of real goods & services to purchase with the newly created Mark currency and so hyperinflation followed. Similarly the Zimbabwe hyperinflation was the result of a catastrophic collapse in productive capacity due political strife and.. 4/
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CarrotSticks
CarrotSticks@CarrotSticks18·
@BurtchaellJohn @eoinmauricedaly So take control of banks (presumably they have no say?). Leave the Eurozone or EU entirely (if nothing else I'd enjoy the gain in autonomy)? Print money because inflation is of no concern? Sounds like you ultimately want socialism or communism.
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CarrotSticks
CarrotSticks@CarrotSticks18·
@BurtchaellJohn @eoinmauricedaly It is. Ask grok to expand on Slowest growth in Europe Largest exodus of the wealthy in the world What gilt yield spikes signal How industry & business have been hollowed out @PeterMcCormack talks about a lot of this from his perspective as a business man but also the macro
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Cllr. John Burtchaell- Solidarity
Cllr. John Burtchaell- Solidarity@BurtchaellJohn·
@CarrotSticks18 @eoinmauricedaly The UK gov swaps bonds for reserves & vice versa as a means to drive the interest rate to target while providing a risk free & interest bearing gift to the banking & finance sector. The UK gov doesn’t ever need to issue bonds and it determines what interest it will pay. 4/
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CarrotSticks
CarrotSticks@CarrotSticks18·
@BurtchaellJohn @eoinmauricedaly Agree during COVID labor/output drops drove some early price pressure. But blaming corp profiteering misses history. Rome - state spending. Weimar rep - reparations = hyperinflation. See pic of children playing with piles of worthless money Zimbabwe - systemic failures
CarrotSticks tweet media
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Cllr. John Burtchaell- Solidarity
Cllr. John Burtchaell- Solidarity@BurtchaellJohn·
@CarrotSticks18 @eoinmauricedaly for months while still being housed & fed etc. The root of any inflationary spikes was that fall in industrial etc output. While much of what we call inflation is really just corporate profiteering many of whom operate in a monopoly/cartel fashion..2/
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CarrotSticks
CarrotSticks@CarrotSticks18·
@BurtchaellJohn @eoinmauricedaly The UK can't print itself out of trouble for the same reason - inflation. & they are in trouble - debt, budget deficits, low confidence (note the recent gilt yield spike), weaker £ = higher borrowing cost, susceptibility to energy prices (which means IRE is in a worse position)
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CarrotSticks
CarrotSticks@CarrotSticks18·
@BurtchaellJohn @eoinmauricedaly If you don't believe me look at what happened with covid. Massive printing (I believe the US alone added somethin like 40% more USD). What followed was inflationary peaks - remember all the bothering about egg prices? The fact is that real purchasing power hasn't returned 2/
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CarrotSticks
CarrotSticks@CarrotSticks18·
@BurtchaellJohn @eoinmauricedaly 1 Mona Lisa is priceless. Infinite identical Mona Lisa's are wallpaper. I know that banks create money broad money but part of the mechanics that drives a debt based system that takes from the future. Don't believe me? Try saving. None will consistently outperform inflation.
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Cllr. John Burtchaell- Solidarity
Cllr. John Burtchaell- Solidarity@BurtchaellJohn·
@CarrotSticks18 @eoinmauricedaly That's what we're led to believe but it's not the case. There's no simple cause & effect relationship between monetary expansion & inflation. Much of the money creation function is actually done by the commercial banks when they issue loans. Most people are unaware of this.
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CarrotSticks
CarrotSticks@CarrotSticks18·
@BurtchaellJohn @eoinmauricedaly Printing money = inflation & currency debasement. Owning productive assets is a hedge but that's for the rich. Wage-earners, savers & middle-class & poor are always downstream of the increased costs & hit hardest.
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Cllr. John Burtchaell- Solidarity
Cllr. John Burtchaell- Solidarity@BurtchaellJohn·
@CarrotSticks18 @eoinmauricedaly It depends. Creating money to engage the labour & resources to build public services, infrastructure, social housing, prepare for energy & food etc shocks, address the climate & ecological crisis etc would be good. Creating money to make the billionaires & corps richer would not.
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Cllr. John Burtchaell- Solidarity
Cllr. John Burtchaell- Solidarity@BurtchaellJohn·
@eoinmauricedaly Money doesn't run out. It's limitless at the macro level. Fitzgerald knows this. But real resources: energy, food etc do run short & that's what we're facing with the looming energy shock & climate breakdown. Our existing economic order is incapable of dealing with this future.
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CarrotSticks@CarrotSticks18·
@eoinmauricedaly 'a responsible government would prepare for the worst'. Successive governments have failed to do so - leaving Ireland in a very precarious position in terms of its basic infrastructure.
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CarrotSticks@CarrotSticks18·
@caulmick @LeoVaradkar It's similar to the inflation inherent to our debt based monetary system in which we take from the future to pay for today. My fear is that the cost of failing to allocate recourses wisely in the good times will paid by future generations in the form of gradual enshitification.
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CarrotSticks
CarrotSticks@CarrotSticks18·
@caulmick While systemic fragility & poor service / infra is not addressed (be it energy, housing etc), politicians like @LeoVaradkar can side-step questions like yours & point to the generous handouts they have given in the form of grants, credits etc.
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Mick Caul
Mick Caul@caulmick·
On Tuesday, the cost of producing one megawatt-hour (MWh) of energy was €169.15 in Ireland, the highest in Europe. It was €149.04 in Italy, €138.89 in Germany, and €88.23 in France. In Spain it was €44.35. Since the outbreak of the crisis, Spain has had the cheapest or close to the cheapest prices in the European Union. Why are prices so low in Spain when Ireland has the most expensive electricity in Europe? irishtimes.com/world/europe/2…
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Leo Varadkar@LeoVaradkar

A good example of a misleading headline attached to an otherwise well written article - useful for any media studies class. Weak editor in situ. The facts:- Ireland's relatively lower taxes, levies and government supports mean electricity prices in Ireland are the 15th highest in the EU - that is about average.

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David Sirota
David Sirota@davidsirota·
Destroying the @InternetArchive's @WayBackMachine would be the equivalent of the burning of the Library of Alexandria - one of the worst losses of knowledge in history. Media giants are now threatening to do this. We can't let this happen. Pass it on.
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CarrotSticks
CarrotSticks@CarrotSticks18·
@naomirwolf What an odd statement. Do you not see that the Oct 7 attacks have been used as a pretext to justify Israel extending its borders? There is NO justification for what happened and is STILL happening in Gaza, West Bank, Iran and Lebanon.
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Dr. Naomi Wolf. 8 NYT Bestsellers. DPhil, Poetry.
Dr. Naomi Wolf. 8 NYT Bestsellers. DPhil, Poetry.@naomirwolf·
This is truly horrific and tragic. If only the hostages had been released on Day One.
Valy 🎩🎭@liderfiscal

IMÁGENES BRUTALES En Ámsterdam, los niños y periodistas asesinados por Israel en Gaza fueron recordados dejando 15.000 pares de zapatos en la plaza. Que #Netanyahu no olvide que el Genocidio no quedará impune, los responsables tienen que pagar. #Netanyahu_War_Criminal #TrumpEpsteinCrimes 👇🏼👇🏼👇🏼👇🏼

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CarrotSticks
CarrotSticks@CarrotSticks18·
@naomirwolf To my shame, there was a point (not long ago) when I bought the narrative from the likes of Ben Shapiro etc. - The IDF were defending the nation. - They were simply trying to root out terrorists. - It was the most moral army etc The truth is what they have done is indefensible
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CarrotSticks
CarrotSticks@CarrotSticks18·
@robggill You've previously made 2 false claims: No deployment & Not one single protestor was hurt. Now your modified claim is it was "probably a total of 10-12 unarmed soldiers" which is an irrelevance to objection to deploy them in the first place. x.com/i/status/20441…
RGill@robggill

Not one single protestor was hurt over 5 days. Not a scratch. Not one. The Army - unlike in the US - was not deployed. A few army heavy vehicle tow trucks were on standby to open up access to an oil refinery.

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RGill
RGill@robggill·
Can opposition TDs stop with this nonsense! It is disingenuous at best. There was probably a total of 10-12 unarmed soldiers driving 3 or 4 tow trucks involved. The army was not 'sent it'. It would like claiming the army was deployed against the weather when they drop sandbags.
Virgin Media News@VirginMediaNews

Labour TD Alan Kelly on fuel protests: "When a Government believes that bringing in the army is the solution, rather than actually dealing with ordinary people’s concerns, then that’s not a Government out of touch - that’s a Government that’s lost its mandate.” #VMNews

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Keşfet

@BillyKelleherEU @BurtchaellJohn @eoinmauricedaly @PeterMcCormack @elonmusk @BarackObama @taylorswift13 @cristiano