|Income inequality moves from Silicon Valley and Beverly||2022-07-31||11||-||economics|
|Banks used to over-leverage all the time. The||2022-06-17||13||-||1||economics|
|Best argument for regional federalism?||2022-06-15||10||1||economics|
|There's no there there! The present value of future||2022-06-03||17||-||1||economics|
|Crypto markets tank -||2022-05-12||13||-||1||economics|
|Think gas prices are bad? Wait until food and||2022-03-21||6||-||1||economics|
|If GOP were running the show, they'd remember that the||2022-01-07||3||-||economics|
|Biden tackles meat prices.||2022-01-05||7||1||economics|
The table above has these entries. Post entries with just one line for Reach were not boosted. Boosted posts have two lines for Reach and several other items. The upper line reflects all interactions, the bottom line just those resulting from paid ads.
For the emoticon table only, Love Haha Wow Sad Angry are listed separately.
========== Income inequality moves from Silicon Valley and Beverly Hills to Sun Valley. So much for lower living costs in Idaho! https://www.nytimes.com/2022/07/31/us/sun-valley-workforce-housing.html People who can't afford to live near the rich should just move away to places where they can afford to live on what they earn. Let the idle rich clean their own toilets and do their own landscaping. It will be educational for them. #PS1economics ===== impact 0 impactrate 0 negative 0 posted 2022-07-31 reactrate 0 sharesrate 0 title Income inequality moves from Silicon Valley and Beverly topic economics wordrate 2 words 65 ID 1721318604879318 URL https://www.facebook.com/politicalscrapbooknet/posts/1721318604879318 impress 12 likeuimpress 4 likeuusers 4 oimpress 12 oreach 11 posted "07/31/2022 08:21:01 PM" reach 11 type Link ========== Banks used to over-leverage all the time. The Glass-Steagall Act kept a lid on them from 1933 to 1999. https://en.wikipedia.org/wiki/Glass%E2%80%93Steagall_legislation But the wild west lives again - until it doesn't. https://www.nytimes.com/2022/06/17/technology/tether-stablecoin-cryptocurrency.html Ultimately, it will be about being over-leveraged to get higher returns. Every tech investor expects to be an instant billionaire! So even stablecoins can't really redeem all their coins overnight because they don't keep their assets in cash available overnight - because as every saver knows, the rate of return won't make anybody a billionaire. It'll hardly pay to keep the computers running to keep track of it all. So they invest in other things that are less liquid, higher risk, and higher yield. When savings and loans did that under Reagan in the 1980's, many failed and their depositors were bailed out - by taxpayers of course. Even worse when regular banks did the same under Bush in the 2000's. The difference with crypto is that there is no federal deposit insurance. The taxpayers will not bail out the speculators. Good news for taxpayers, bad news for speculators. Why would everybody want to bail out of crypto overnight? Mass psychology in a down market - margin calls in one kind of investment lead to panic selling in other kinds. You never want to be the last person in line at a bank run. #PS1economics ===== impact 22 impactrate 0 negative 0 posted 2022-06-17 ratio 13 react 1 reactrate 0 sharesrate 0 sumclicks 1 title Banks used to over-leverage all the time. The topic economics wordrate 1 words 224 ID 1688784804799365 URL https://www.facebook.com/politicalscrapbooknet/posts/1688784804799365 audclicks 1 audreach 1 engaged 1 impress 15 likeclickusers 1 likeuimpress 7 likeuusers 7 matchedotherclicks 1 oimpress 15 oreach 13 posted "06/17/2022 10:46:55 AM" postotherclicks 1 reach 13 type Link ========== Best argument for regional federalism? https://www.political-scrapbook.net/2020-regional.html Most swing voters vote their pocketbooks. They reject the guys in charge without understanding whether the other guys could do any better, and also without understanding what OTHER things the other guys would do. https://www.washingtonpost.com/opinions/2022/06/15/inflation-anger-could-sweep-election-deniers-midterm-victory/ Economics is complicated because, like politics, it's a large part mass psychology and a small part rational logical inquiry. Cause and effect is easy to claim and hard to prove. #PS1economics ===== impact 7 impactrate 0 likeimpress 1 negative 0 posted 2022-06-15 ratio 10 react 1 reactrate 0 sharesrate 0 title Best argument for regional federalism? topic economics wordrate 0 words 70 engaged 1 ID 1687648944912951 impress 12 likeclickusers 1 likeimpress 1 likeuimpress 7 likeusers 1 likeuusers 7 oimpress 12 oreach 10 posted "06/15/2022 09:10:32 PM" reach 10 type Link URL https://www.facebook.com/politicalscrapbooknet/posts/1687648944912951 ========== There's no there there! The present value of future crypto dividends is... zero. The only hope for profit is to find a bigger fool than you who will pay more than you paid. As always, there are way more losers than winners. https://www.washingtonpost.com/business/2022/06/03/crypto-scams-ftc/ https://www.washingtonpost.com/business/2022/06/03/crypto-skeptics-growing/ #PS1economics ===== impact 4 impactrate 0 negative 0 posted 2022-06-03 ratio 17 react 1 reactrate 0 sharesrate 0 sumclicks 1 title There's no there there! The present value of future topic economics wordrate 0 words 43 ID 1679191352425377 URL https://www.facebook.com/politicalscrapbooknet/posts/1679191352425377 audclicks 1 audreach 1 engaged 1 impress 17 likeclickusers 1 likeuimpress 10 likeuusers 10 matchedlinkclicks 1 oimpress 17 oreach 17 posted "06/03/2022 03:48:43 PM" postlinkclicks 1 reach 17 type Link ========== Crypto markets tank - https://www.cnn.com/2022/05/12/investing/luna-terra-stablecoin-explained/index.html Even as crypto CEO's and investors spread cash far and wide in DC. https://apnews.com/article/cryptocurrency-technology-congress-b93f1f2dc4971a16af8133e24ebd9bb5 So far crypto is mainly useful for criminals and scammers. Algorithmic stablecoins are definitely not the answer. Other stablecoins aren't either - the only way to get internet kinds of return running a stablecoin operastion is by keeping deposits in risky investments. But there's no difference between a real bank run and a crypto bank run. #PS1economics ===== impact 7 impactrate 0 negative 0 posted 2022-05-12 ratio 13 react 1 reactrate 0 sharesrate 0 sumclicks 1 title Crypto markets tank - topic economics wordrate 0 words 74 ID 1662969827380863 URL https://www.facebook.com/politicalscrapbooknet/posts/1662969827380863 audclicks 1 audreach 1 engaged 1 impress 14 likeclickusers 1 likeuimpress 8 likeuusers 8 matchedlinkclicks 1 oimpress 14 oreach 13 posted "05/12/2022 04:26:37 PM" postlinkclicks 1 reach 13 type Link ========== Think gas prices are bad? Wait until food and fertilizer shortages sink in. https://apnews.com/article/russia-ukraine-business-canada-lifestyle-middle-east-1c8918d4734f0974eefe09121d2090ed No quick fix - increasing global drought due to climate change, rising prices for fuel and fertilizer, yet no guarantee that today's high prices will last long enough to justify changes in farming. Farmers are a conservative bunch. The population carrying capacity of the earth depends on global trade and stable global climate. Both are victims of war - big countries want to protect themselves by making sure all critical raw materials and manufacturing are done domestically. That means changing sources from the low-cost producer to the low-risk producer. And better to burn your own dirty coal than import fuel from unstable global markets. Burning coal contributes to climate change and drought. https://economictimes.indiatimes.com/news/international/world-news/ukraine-war-threatens-to-cause-a-global-food-crisis/articleshow/90349465.cms #PS1economics ===== impact 13 impactrate 0 negative 0 posted 2022-03-21 ratio 6 react 1 reactrate 0 sharesrate 0 sumclicks 1 title Think gas prices are bad? Wait until food and topic economics wordrate 0 words 126 audclicks 1 audreach 1 engaged 1 ID 1625455817798931 impress 8 likeclickusers 1 likeuimpress 5 likeuusers 4 matchedlinkclicks 1 oimpress 8 oreach 6 posted "03/21/2022 07:00:35 PM" postlinkclicks 1 reach 6 type Link URL https://www.facebook.com/politicalscrapbooknet/posts/1625455817798931 ========== If GOP were running the show, they'd remember that the free market will solve all economy problems - eventually. But as long as they're out of power, they're free to criticize the Democrats for not solving problems quickly. https://apnews.com/article/coronavirus-pandemic-joe-biden-business-health-elections-7b9a7d40c53f94504f2bcec7e22d7cb0 When GOP returns to power, it can return to its traditional stance of expediting relief to those who deserve it (because they are major donors) rather than those who need it, who are too poor to donate. Socialism for the rich, free enterprise for the poor - it was ever thus. #PS1economics ===== impact 0 impactrate 0 negative 0 posted 2022-01-07 reactrate 0 sharesrate 0 title If GOP were running the show, they'd remember that the topic economics wordrate 0 words 90 ID 1575793969431783 impress 3 likeuimpress 2 likeuusers 2 oimpress 3 oreach 3 posted "01/07/2022 12:21:21 PM" reach 3 type Link URL https://www.facebook.com/politicalscrapbooknet/posts/1575793969431783 ========== Biden tackles meat prices. https://apnews.com/article/joe-biden-lifestyle-business-prices-inflation-78335dba9802d7eb727744301d4489df Standard out-of-power GOP response is to let the free market solve the problem. Free markets won't solve the problems of unfree markets due to market concentration - which is inherently harmful even if no laws are broken. And when it can work, the free market is too slow in an election year - as Trump demonstrated repeatedly, holding photo-ops promising to help struggling industries and then doing nothing. The photo-op was the solution to his problem. Biden can't really make much progress against economic concentration without help from Congress - which GOP has vowed to withhold, especially in an election year in which their success depends on the economy being in as bad a shape as possible. #PS1economics ===== impact 12 impactrate 0 likeimpress 1 negative 0 posted 2022-01-05 ratio 7 react 1 reactrate 0 sharesrate 0 title Biden tackles meat prices. topic economics wordrate 0 words 122 engaged 1 ID 1574403442904169 impress 8 likeclickusers 1 likeimpress 1 likeuimpress 6 likeusers 1 likeuusers 6 oimpress 8 oreach 7 posted "01/05/2022 09:00:41 AM" reach 7 type Link URL https://www.facebook.com/politicalscrapbooknet/posts/1574403442904169