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Comment Re:Who pays for the infrastructure costs? (Score 1) 516

"Should the power companies be FORCED to just eat the fees of hooking up and stabilizing a power source that's only producing cheap power during periods where demand is lowest?"

This is where "market signals" conflict with "the General Welfare". Government should run the power companies in the public interest, without profit motivation. Fund them at zero cost through the Fed, which (also being not profit-motivated) returns interest to the Treasury each year, and can forgive or keep rolling over the loans.

Comment Re:I see why the boson is a "God Particle" (Score 2) 67

Don't we have to have faith that the scientists aren't cherry-picking chunks of data that give them (almost) the significance they want?

Remember Feynman, in "Cargo Cult Science", describing how experimenters replicating Millikan's famous experiment found ways to fudge their data to match his flawed results? Didn't they have faith he was right?

Comment Re:Subsidies (Score 1) 516

The Fed has proved it can create money at will, and the stock market soars. No taxpayer funding is needed. Let the Fed fund fiscal policy, at zero cost (since interest is returned to the Treasury each year, by law).

Taxpayers don't have to shoulder any costs. The Fed is not taxpayer-funded. And the Fed can forgive loans, or simply keep them rolling over forever.

As a hedge against inflation, we should index everything (bank accounts, transfer payments, everything) to CPI so that purchasing power never decreases. Israel has used this scheme for decades successfully.

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