Posted To Mish Shedlock’s Blog 10/31/2026

AO: Is that a complicated way of saying that you want the government to subsidize the purchase of new computers? I think the result will be to demonstrate the quantity theory of money, not to invalidate it.

Me: Apparently you didn’t model the policy’s temporal universe effects which enables the individual agent to purchase $100 worth of groceries for $50, a $60k EV for $30k and a $500k house for $250k and yet with the rebate aspect of the policy the merchant gets their full price. Thats a funny kind of inflation. Try to look past your present monetary and economic orthodoxies…its a necessity to perceive a paradigm change…proven over and over again by history.

Waldo: It’s pretty clear Sam Altman is a class A sc*m-bag. He is part of a whole new generation of investors who want take away anything you own and rent it back to you at profit. How is this any different than communism?

Me: Reference my response to Arthur Orwell above. Also communism is oppressive control of industry. This policy BENEFITS commercial agents by doubling the demand for their goods and services. Its a true thirdness/synthesis of a problematic duality.

Steve Hummel 10/31/2026

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