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  1. Princeps

    Why is the western world declining?

    I think humans are obsessed with the decline of their societies. It doesn't matter what the condition of their society actually is.
  2. Princeps

    Money Printing

    People do get it. People do like it. And it makes for great politics. I see a lot of people bemoaning the public for their apparently contradictory preference for lower taxes and more public services. But the people actually have it right, I think. People want an economy that is running at...
  3. Princeps

    Money Printing

    I think you should get a grasp on your antagonism.
  4. Princeps

    Money Printing

    If you have govt money, and the thing you can purchase with it is government bonds, there is no reason not to buy them. You're just dithering around, looking for any explanation for why my point is wrong and you have nothing. There is no deep mystery here: people want to preserve their cash...
  5. Princeps

    Money Printing

    Have they? Could be ignorance of the advantages or insufficient interest rates. I mean, basically you're saying that people wouldn't be interest in money, and that's not true. If inflation is out of control, landing your money in the safest possible harbor is the obvious thing to do. I don't...
  6. Princeps

    Money Printing

    If you hold the government's money, and you wish to maintain the value of your savings denominated in the government's currency, you have a direct incentive to purchase government bonds if they offer an interest rate higher than inflation. How is this so hard to understand? Why would anyone not...
  7. Princeps

    Money Printing

    Your arguments are pretty clueless, I have to say. You're again only assuming that the government can't control for excess liquidity. Obviously, creating more money without the corresponding goods results in inflation, but only if the money is consistently in circulation. Money alone doesn't...
  8. Princeps

    [RD] The impact on western nations of allowing in millions of Muslim "refugees"

    Religion is a subjective experience, so there is really no "islamic context". There is a middle eastern context, where reactionary institution still have power. The institutions can be resisted or torn down without demeaning or attacking the Muslims or their faith, much the same way as we can...
  9. Princeps

    Money Printing

    No. If the government can control for excess liquidity through open market operations, taxation for this purpose is essentially obsolete. Taxation only ensures that there is an underlying, stable demand for the currency. The government can set the interest rate and decide what is owed to the...
  10. Princeps

    Money Printing

    On the contrary. The demand for government's bonds will only increase as the currency holder's only meaningful investment opportunity will be to purchase additional government bonds in the hopes of maintaining the value of their savings. As long as the government provides an interest rate higher...
  11. Princeps

    [RD] The impact on western nations of allowing in millions of Muslim "refugees"

    actually, outside of gender and age, the main determinant of immigrant criminality is whether they have a job or not. Unemployed immigrants lack the support networks that the unemployed usually have; I.e. Financial support from their friends and family.
  12. Princeps

    [RD] The impact on western nations of allowing in millions of Muslim "refugees"

    Not really. If the current trend continues, the problem will be gone pretty soon. It's already a small problem, if you keep in mind the trivially small aggregate numbers. So using language like "VAAAAAAAAAST" over-representation is extremely misleading. They're over-represented at the tip of a...
  13. Princeps

    [RD] The impact on western nations of allowing in millions of Muslim "refugees"

    http://www.economist.com/news/briefing/21582041-rich-world-seeing-less-and-less-crime-even-face-high-unemployment-and-economic Yes, but most trends show that crime in the immigrant communities, like in Germany, is also on the decline. I mean, aggregate crime has continued to decline sharply...
  14. Princeps

    [RD] The impact on western nations of allowing in millions of Muslim "refugees"

    The long term collapse of crime is pretty well documented. Here is the article for Germany, http://www.dw.com/en/crime-rate-drops-to-record-low/a-15093336 But the story is pretty much the same for every western country.
  15. Princeps

    Germany to privatise highways

    Strikes me as free-riding from Germany. They want the good things about EU: the export markets, but none of the downsides of that free trade and free movement they so massively profit from.
  16. Princeps

    [RD] The impact on western nations of allowing in millions of Muslim "refugees"

    No it isn't, because the aggregate numbers are absolutely trivial. There are hardly any young repeat criminals in Europe anymore; there are some in the immigrant populations, but not disproportionately in the global picture, so to speak. It isn't really a case of immigrants being hyper-criminal...
  17. Princeps

    Global warming strikes again...

    It's true that there was still some amount of debate regarding how the climate was changing, but even in the 1970s, the prevailing expert opinion supported global warming. In fact, global warming was first predicted when the properties of carbon dioxide were documented for first time, which was...
  18. Princeps

    Global warming strikes again...

    My understanding is that increased humidity and melt-water is freshening the sea, which creates more sea-ice around the Antarctic.
  19. Princeps

    Liberals Protesting Democracy

    The republicans will doubtless take away the filibuster.
  20. Princeps

    Liberals Protesting Democracy

    Context here is important. http://content.gallup.com/origin/gallupinc/GallupSpaces/Production/Cms/POLL/ldah6rdp6ukvngoyqi1fcg.gif The 90s were still an era of incredibly high crime. Many criminologists assumed that the current generation of youth would be even more violent than the last, and...
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