Makes sense, MT. Really when I first heard about Earthing, it sounded ridiculous. But as I investigated it more, there is a scientific explanation for it. The Earth is negatively charged and the atmosphere is positively charged. Up until 50 years ago, most people were grounded during the day becaus...

What do you mean?  If you buy a 5-year bond for $1,000 and hold it to maturity, you get your entire $1,000 back. I think what he's getting to is that if there's, say, 10% inflation during every one of those years, that $1,000 you get back will only have the purchasing power of $590. 10% inflation f...

Stone, That was cute, but the conclusion is ridiculous.  In fact, you can see him wince a little at how stupid it sounds when he says it. The idea that reducing childhood mortality will REDUCE population growth is one of those extraordinary claims that requires extraordinary proof, because the oppos...

This whole conversation apparently takes place in some world where either the human population is static, or where all people prioritize maintaining (or increasing) their standard of living over having more children.  Transfer payments can never produce an increased standard of living in the long te...

Kshartle, if you eliminate LTT from the PP, you're basically betting that deflation (or even spikes in market expectations of deflation) is never going to happen.  I think that's a VERY risky bet. You're right, of course, that the Fed's bond purchases are (all else equal) inflationary, but I'm not s...