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More handwringing over "losses." Well, one party's loss is another party's gain.

They still don't get that QE involves fiscal withdrawals comparable to taxes by transferring interest payments to government while the raising rate involves a fiscal injection comparable to deficit spending by increasing interest payments to nongovernment. That is, the former decreases aggregate net financial assets of non-government (reduces nongovernment net savings in aggregate) while the latter increases aggregate net financial assets of non-government (increases nongovernment net savings in aggregate). QT acts like raising rates in that when the Fed sells bonds or lets them mature, then interest payments to nongovernment increase as a consequence, hence aggregate net financial assets of nongovernment also increase. 

MMT 101. To understand the basics of reserve accounting and bank accounting, see MMT economist Eric Tymoigne's primer on money and banking here.  

Doctor Who’s former Ryan Sinclair, Tosin Cole, stars in two new films arriving in UK cinemas this month Former Doctor Who companion Tosin Cole has two very different films out this month: Till and House Party. Till is first, in cinemas now, which sees the actor revisit familiar territory. It shares its 1950s American South […]

The post Tosin Cole Hitting Cinemas with House Party and Till appeared first on Blogtor Who.

Daniel Meyer still holds a six-figure stake in the government-linked “Amazon of China.”

The post Kevin McCarthy Wants to Hold China Accountable. His Top Aide Lobbied for Alibaba. appeared first on The Intercept.

As a senator, Joe Biden helped kill President Jimmy Carter's CIA director nominee because he allegedly mishandled classified materials.

The post Biden Used Classified Documents Accusation Against Carter CIA Nominee appeared first on The Intercept.

Brian Becker joins Behind The Headlines host Lee Camp to talk about the history of anti-war organizing in the United States and what is in store for the anti-war movement in 2023. 

The post What Next for The Anti-War Movement, with Brian Becker appeared first on MintPress News.

Click here to go see the bonus panel!

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There's a really untapped vein of dad humor involving stud REMOVERS, given to your spouse shortly before you leave.

Ryan Grim talks to Jason Cherkis about suicide prevention.

The post It’s Important to Talk Openly About Suicide appeared first on The Intercept.

A thirty-seven-year-old woman

She’s old enough to be president but keeping it tight enough to be a president’s fifth wife. It may be genetics, or it may be expensive products, an exhaustively fitness-focused lifestyle, and a potent combination of Botox, fillers, and laser skin treatments, but this gal’s aging like a fine wine (deliciously for ten to fifteen years before rapidly turning sour and bitter). When younger women meet this mature lady, they always assume she’s their age but a very heavy drinker. The joke’s on them—she hasn’t had a sip of booze in a decade, not because she’s an alcoholic, but because if abstaining from alcohol has worked for Jennifer Lopez, it won’t work as well for this woman but is worth a try anyway. Stay snatched, mom!