Mark & Carrie: The 1970s: Good for Movies, Bad for Inflation

[@evanmcarthur478]

12:36 That’s why I left America to get a new perspective of things. I was in the middle of a finance degree in 2007 and kept asking what was inflation , only one professor told me nobody really knows( Animal Spirits) I’ve been working in Japan doing administrative stuff and small business development. While I don’t have any answers anyone could readily understand; I know now how to ask questions better.

[@SuperSpidey313]

Good for you Evan. I'm considering a move overseas myself.

[@benday1218]

I wonder if anticipatory inflation is worse because there's a lot of adults alive now who have never experienced prices rising more than about 2.5%

[@doh917]

They'll just change the definition of inflation because that's how you suppress panic

[@MorningtonCrescent]

Carrie: do yourself a favour and buy an Aeropress. Supports an inventor, it's endlessly usable and price per unit is pennies.

[@YoriYoiHitotachi]

The foreign policy analysis lacks here. Economic analysis spot on.

[@noahsark2009]

Just paid $6 to rent a luggage cart at San Diego Airport, you know the ones you pay at the machine and pull off the rack. The Saudis are running their racket as are Big Oil and LNG in Texas and New Mexico.

[@jimbob-robob]

@11:09 Can't raise interest rates 'cos... Can't keep interest rates low 'cos... Capitalism and "free markets"... gotta love 'em...

[@ZealothPL]

Capitalism is painting itself into a corner

[@ivorc8957]

Two intelligent people. Caught in their middle class bubble.

[@jgmediting7770]

The idea Blyth is caught in a middle class bubble is ridiculous.

[@buzoff4642]

10:35 "interest rates in the rich countries basically cut to zero, people still have to put their money to work there's a huge amount of money out there that needs _to_ _be_ _invested_ _for_ _everything_ _from_ _pensions_ to investment funds etc" So, pretty much globalized horror movie Get Out.

[@MrKansaitim]

Coffee expensive? Brew your own and boycott Starbux.

[@scriptguru4669]

it's the bean harvest from 3 years ago.

[@markmsmh]

Mark, militarily it was terrible analysis... But good bona fide signalling...😉

[@breft3416]

1972 wasn't too bad with cola's and jobs. And today? There is all you want if you can afford it. Supply and demand is a joke.

[@DearSX]

Glad I hedge a little against inflation

[@garybaker8328]

Mark wouldn't the last ten years be more comparable to the late1920s?

[@jonrolfson1686]

In 1969 I was in high school, so not very good. I spent all of 1972 in Sunny Southeast Asia: Youth in Asia was brilliant!

[@justgivemethetruth]

The US with it's huge deficit cannot raise interest rates. This reaction to Russia is toppling the West into economic collapse.

[@BjorckBengt]

Biden was letting Russians know that sanctions will be kept until Putin is gone. I think it is fair to let them know the requiremments.

[@doh917]

Biden will be gone in 3 years while Putin has the potential to remain for 10 years. That's the difference between dictators/monarchs and oligarchs/democrats

[@ZealothPL]

It also makes the war worse, as Putin has zero incentive to actually negotiate and the only way out is prosecuting the war until the bitter end

[@didyeaye2481]

"Eejit".....brilliant.

[@geeezer9]

cant wait till next time

[@MartinScreeton]

I think they should raise interest rates ONCE and wait... we have gone off the rails More then one time in the past by doing a series of raises without waiting for it's effect and it's had dire consequences...

[@firefox5926]

40:37 i wish this was weekly lol

[@jamesp3902]

It is inconsistent to spend the podcast describing how inflation is guess work and then imply government unemployment numbers are accurate.

[@doh917]

Never underestimate the ability of people who disguise their inability to understand something to rationalize what is just effectively a complex system that has lost control a long time ago in terms they think will make you believe they understand it

[@buzoff4642]

Gov redefined unemployment rate in 1994, to exclude long term unemployed. Also disingenuous picture, "rates", new claims filed. I consider both national marketing.

[@garybaker8328]

Ii do miss movies in a theater of course you can just move the large flat screen closer to the couch and spill some soda on the floor to recapture a bit of the atmosphere also ask your own kids to please be quiet for a little while and leave your own cell phone on it would be very close to the real thing

[@chioma3100]

Her Lockheed decision is certainly controversial amongst the Democrat's most staunch, dependable voters. I'm in a safely Democratic district, city and state but I am exercising for the first time in my voting life my right not to vote. If others in purple areas do the same, the Republicans will take the House and Senate. Give me a reason to vote and someone to vote for and I will do so again.

[@garybaker8328]

I would suggest that several of those fsb thugs should drag ol' Vlad down to the dungeon and treat him with the same respect that they would treat any other threat to their country.

[@necrocat9514]

May's Dad probably takes pride in her having Ralph's kid

[@comeonman8191]

Remember the 1970s? They were great weren’t they. The 1970s, in the old days. Bands like Slade, Mud and Wizard were fantastic. Plus Jimmy Savile was still a respected children’s entertainer.

[@MorningtonCrescent]

Don't forget Spangles, fuzzy felt, snake belts and brown everywhere you look. Urgh....

[@garybaker8328]

Ibet that justice Jackson's 11 hours seemed less uncomfortable for her than kavenaugh's fewdays twerefor him with no beer.

[@am22114]

Sadly, these two are becoming increasingly out of touch.

[@MrMacanna]

Some stuff is interesting. Other stuff they have a msm take on events with little further analysis or thought.

[@toddw3nzel639]

Out of touch, how so?

[@MrMacanna]

@@toddw3nzel639 Their take on Ukraine was just a repeat of MSM talking points. Mark is sharper than that. I would have expected his take on wheat, oil and warm port access in Crimea which are political economic issues within his ball park. His take on other stuff like the Oscars was spot on.

[@manufacturingdissent666]

Is this Finally an admission Inflation is here and not illusory

[@toddw3nzel639]

Mark has said the same thing about inflation for the past year? Not sure what you mean.

[@bedayaya1]

It should be mentioned, the current refugee crisis of Ukrainians suffers from racism in a very different way. Countries have their business/classes salivating over the thought of desperate, white, well-educated, single mothers fleeing the war they can exploit. Plus the propaganda pro-Ukraine in the war has created a lot of civil society sympathy. The dynamics seem very different from the previous refugee crisis, largely because of racism.

[@MorningtonCrescent]

Largely though not exclusively so. Cultural proximity is also a factor which also needs to be factored in, plus the fact that young, educated generations are a boon to states with demographic issues, so no surprise there are open welcoming arms, over and above the humanitarian welfare perspective.

[@bedayaya1]

@@MorningtonCrescent the contrast with the previous migratio waves, plus the actual stuff that was written in newspapers prasing a white desperate migration wave really makes the racist angle very important.

[@MorningtonCrescent]

@@bedayaya1 1) I am not completely rejecting your claims of racism being a factor 2) I am adding some complementary factors 3) check the definition of homophily.

[@chioma3100]

@@MorningtonCrescent Also, educated and not demanding student loan debt relief. It's good so long as the capitalists here didn't have to pay for it and the offers of free healthcare (with a 30% vaccination rate of U.S. unapproved vaccine), free college tuition and housing for those displaced by American NATO Russia regime change meddling. Throw in some Nazis and it's a party. This is going to be interesting as in dangerous. Usher in the second civil war already compliments of Uncle Sam.

[@MorningtonCrescent]

@@chioma3100 utterly incomprehensible and unspecific - I have no idea whom you are referring to.

[@kornaktanker7633]

Mark is not fully Murican , saying Zee not Zed , oh the horror

[@cev12]

Respectfully, how did Carrie become a professor? She speaks about politics like a fairly uninformed layperson.

[@MrOliverwoods]

Really ? How old are you ?

[@cev12]

@@MrOliverwoods lol, I would ask you that based on that response.

[@brucebartup6161]

Spring break? Isn't that traditionally the time when undergrads break every spring in the bed? Can wee joke about this stuff yet?

[@jonrolfson1686]

The only jokes permitted are very wee jokes, indeed ; -)

[@brucebartup6161]

@@jonrolfson1686 Mon Caap i tain! Wee wee! They've all got it infamy,, y'know?

[@jamieweeks990]

Mark is terrible on military judgment and Russian motivations.... Just saying.

[@jamieweeks990]

Still think about how bad he is on this and how confident... 😑

[@waldemarayco2717]

No Way Putin statys!

[@BjorckBengt]

Russia is very poor. With sanctions, their capabilities are quite limited.

[@LL-cz5ql]

Poor in what dumby?

[@davidanderson9664]

excellent talk as always. Abortion in other countries isn't even an issue. D.A. NYC

[@BjorckBengt]

Regardless of what are said in "peace negotiations", Ukraine must be fully liberated, Russia brought to their knees, demilitarised and democraticed.

[@LL-cz5ql]

Fascist found

[@00BillyTorontoBill]

Mark is so far off the truth. its laughable.

[@toddw3nzel639]

And you are on the “truth” how?

[@jgmediting7770]

Should go to far right shills and propagandists for the truth, amirite?

[@coldmetal7931]

She didn't mention how soft Ketanji Brown Jackson was on Child Predators. Statute says the minimum suggested penalty is 97 months in prison and she gives 3 months.

[@chioma3100]

And she also didn't mention that her rulings align very much with both parties Center Right politics. How could they challenge her rulings? She's basically a Republican as is the man who nominated her.