Anonymous ID: 739d2f April 6, 2021, 7:53 p.m. No.13375290   🗄️.is đź”—kun   >>5295 >>5298 >>5357 >>5383 >>5417 >>5552 >>5651 >>5668

Is the Fed hiding something? Why weekly money supply data just got discontinued- Steve Hanke

 

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Is the Fed hiding something? Why weekly money supply data just got discontinued - Steve Hanke

David Lin David Lin

Tuesday April 06, 2021 14:38

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(Kitco News) - The Federal Reserve recently discontinued updating the M1 and M2 weekly money supply series and is instead updating the series monthly.

 

Steve Hanke, professor of Applied Economics of Johns Hopkins University, said that this change reflects a change in attitude from the world's largest central bank on the importance of looking at money supply.

 

"Chairman Powell has very explicitly claimed that money doesn't matter in recent testimony. He's basically said that money and the measurement of money doesn't really matter because it's unrelated to inflation," Hanke said.

 

These money supply series have been published since the 1970s, and the fact that the Fed has changed the publishing frequency on M1 and M2 money supply from weekly to monthly demonstrates a change in worldviews, Hanke said.

 

"In principle, they don't think [this data] is important. They want to deep-six the monetarists, basically and push them off to the sidelines. They want to bury Milton Friedman once and for all and be done with it, and their preference would probably to not report any monetary statistics," he said.

 

https://www.kitco.com/news/2021-04-06/Is-the-Fed-hiding-something-Why-weekly-money-supply-data-just-got-discontinued-Steve-Hanke.html

Anonymous ID: 739d2f April 6, 2021, 8:03 p.m. No.13375353   🗄️.is đź”—kun   >>5383 >>5413 >>5552 >>5646 >>5651 >>5668 >>5680 >>5682

Latest Marvel Comic: Captain America vs. Jordan Peterson?!

 

Marvel fans are well-familiar with Captain America’s nemesis, Red Skull, a man too evil for Adolf Hitler. Seriously, Red Skull sets up the evil organization Hydra to go where Hitler would not, and only Captain America can stop him. In the latest version of the comics,written by none other than Ta-Nehisi Coates,Red Skull draws inspiration from none other than Canadian psychologist Jordan Peterson.

 

Peterson responded with understandable alarm.

 

“What the hell?” the psychologist tweeted after a Twitter user led him to a comic strip in which Red Skull appears in a YouTube video with the captions “Ten Rules for Life,” “Chaos and Order,” “Karl Lueger’s Genius,” and “The Feminist Trap.”

 

The “Ten Rules for Life” appears to be a reference to 12 Rules for Life: An Antidote to Chaos. Peterson’s philosophy emphasizes order, which he identifies with the masculine archetype, over chaos, which he identifies with the feminine archetype, but that does not make his philosophy anti-woman, as some have claimed. Peterson’s book emphasizes competence — not maleness or femaleness — as the standard by which power and influence should be attained. Peterson does warn against modern feminism, however.

 

The caption, “Karl Lueger’s Genius” references the controversial Austrian politician Karl Lueger, who helped modernize Vienna but who also spread vicious anti-Semitism that some say inspired Hitler. This does not seem to be connected with Peterson.

 

moar at https://pjmedia.com/culture/tyler-o-neil/2021/04/06/latest-marvel-comic-captain-america-vs-jordan-peterson-n1437749

Anonymous ID: 739d2f April 6, 2021, 8:32 p.m. No.13375514   🗄️.is đź”—kun

>>13375417

 

this is a looooong one–will watch over next few days. dasting.

 

may I ask why you gave this to me? as divorced parent who's lost a child (maybe forever, been over a dozen years), the first part hit me.