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#prudent — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #prudent, aggregated by home.social.

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  1. keenlens.substack.com/p/the-ba

    'I see everyday #politicians repeat like parrots #economic propositions they don't even start to understand, defending a model that a central #bank admitted was wrong over twelve years ago. ... The #Greens propose actual structural change and get labelled "communist" by people who have never read a balance sheet or a #Lenin text. The heterodox approach #predicted #2008, predicted the #housing #crisis, and predicted the current private #debt trap. The orthodox models predicted none of it ...'

    'The orthodox model was declared wrong by the Bank of #England in 2014. Their paper “#Money Creation in the Modern Economy” stated plainly: #banks do not lend out deposited #reserves in a multiplier chain. Banks create #deposits when they make #loans ...'

    (NZ's Social Credit Party got a Court to agree five decades earlier.)

    'The consequences are not theoretical or academic. When you worship the wrong model, you can’t do anything else than design the wrong #policy. You pretend not to see the #monopoly extracting over 6 billions from a #mortgage market they control 87% of. You don’t see that raising rates shift #income from #borrowers to banks and does not touch the supply of housing stock. You end up believing the #household metaphor is literal — that the Crown pockets are empty — when #NZ’s #Crown debt is 44% of #GDP...'

    (The OECD average is about twice that.)

    '... #Galileo was almost burned at stake for simply asking the #Inquisition #judges to look in the telescope. Same old, same old.'
    '.....
    'Gentlemen, it is clear cut #class #warfare, and the #vested interests are so encrusted in #society that they are winning. Remember that their main weakness is in numbers, they are damaging and literally #robbing the majority of us, of the New Zealand society and brainwashing many trees to think that voting for the axe is the #prudent, #family sensible thing to do. The only chance you have is when numbers talk. The #election is coming...'

  2. Kinda wondering if this 54 #AQI poor #airquality situation is going to linger into tomorrow with the #NYC #marathon? Is anyone actually asking whether it might be at least #prudent to mention this, or will the issue be ignored once again?
    accuweather.com/en/us/park-slo #climate #running #exercise #cars #brooklyn

  3. I'm organising an international conference (#AACTING) on #monitoring #benchmarking and #antimicrobialstewardship for #antibiotics in #veterinary #medicine at the Vetmeduni in Vienna in February. We will have lots of #veterinarians as well as the World Animal Health Organisation (WOAH/OIE) and the European Medicines Agency represented. We're all working together for #prudent #antibiotic use and #publichealth
    There's still time to register and details are on our website: aacting.org/aacting-conference

  4. #SundayMusing #SundaySchool redux:

    Proverbs 14:15
    "The simple believeth every word: but the #prudent man looketh well to his going."

    Second Timothy 2:15
    " #Study to shew thyself approved unto God, a workman that needeth not to be ashamed, rightly dividing the word of #truth."
    >> "Study" = check the information and facts by yourself. Then, one need not be ashamed because one does know the facts and can assess the integrity of the message.

    #SavePalestinians #PeaceNotWar