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Damian Penston
@penston
56
Fairness, society, inclusion and making a difference - my top values.
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Location
Tokyo
Created
2017-12-05 11:20
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Wallet
penston
Hive Learners
2025-05-09 09:40
RE: Taxing For A Healthier Tomorrow
These are called Pigovian taxes.
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penston
SpendHBD
2025-05-09 09:36
RE: I visited climaxgas & paid Hive Dollars & here is my review
I misread the title and thougt it was called Climagas, as in a form of gas that is more environmentally friendly.
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penston
The LIFESTYLE LOUNGE
2023-03-10 16:06
RE: I bought my very own first car on women’s day ❤️
I recommend getting an electric vehicle as your next car. They're so much fun to drive.
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penston
macroeconomics
2022-02-13 16:25
RE: Macroeconomics
One of the things you said was "if it generates inflation, they rise interest". That's a monetarist/neoliberal approach. MMT would look at Government spending (switching from a quantity rule
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penston
LeoFinance
2021-12-13 23:48
RE: Modern Monetary Theory And Whether Governments Will Try And Ban Crypto
Nice post. Sorry I'm seeing it so late.
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penston
LeoFinance
2021-12-13 23:45
RE: Hypothetically, What if the Fed Fails to Control Inflation, Will Crypto Save Us?!
"Money is not a problem of the government as it can alway create its own money but it may inflation will destroy the economy. So the government needs to print a way to prevent inflation. So, are you
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penston
macroeconomics
2021-12-13 23:28
RE: Macroeconomics
The description of MMT that you gave seems to be based on the incorrect views of other people rather than a reading of the materials by MMT scholars.
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penston
LeoFinance
2021-12-13 23:17
RE: Are you ready for FIAT Hyperinflation?
"People are storing it" Which people? It's not all people but only a few people. The few who hold economic rights and privileges that see money get transferred from the hands of the many into
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penston
steem
2020-03-17 15:34
RE: I Support the Move from Steem.
I used to really enjoy posting on here. I stopped because making the images for my posts just took too long. I was never in it for the Steem, but couldn't find the community I was looking for as the people
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penston
busy
2019-03-11 03:23
RE: The Key To Control: Fear
"Let us not forget about the climate. We are doomed unless we get go renewable in the next decade. By 2030, we are cooked, literally is what we are told. But then again, 40 years ago, we were going
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busy
2019-01-05 14:51
RE: ❇️ Quote of the Day #609: Risk Is The Price You Pay For Opportunity! 🙌
I don't like the quote. There are plenty of opportunities that don't require risk taking - ask anyone who's made money from arbitrage.
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anarchy
2018-12-25 15:22
RE: Keep working, stop paying. #18
Owners can be anonymous shareholders who don't contribute any work, but speculate on the ability of the business to generate capital gains for them. While it is true that owners can do some of the work,
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penston
dtube
2018-12-25 15:07
RE: The Moving Goalpost Of Success & How We Define It
If you have health and happiness, you are successful, regardless of your goals.
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penston
brexit
2018-12-21 15:40
RE: What’s going on with Brexit?
I was in favour of Brexit for macroeconomic reasons (which the mainstream media haven't even attempted to discuss in the last 2 years), but changed my mind once I learned of the issues around the Good
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penston
depression
2018-12-01 03:45
RE: Getting Nowhere Fast
Business isn't like marriage - you can keep doing what you're doing, but you're allowed to keep an eye out for something different.
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penston
dtube
2018-11-28 00:59
RE: Success Is Doing What The Failures Won't Do
Here's another phrase which gets used in the financial services sector - don't catch a falling knife.
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penston
dtube
2018-11-23 14:12
RE: How to create jobs and end unemployment (MMT)
Alas, DTube has limitations. I haven't posted it anywhere else, but I can put it on YouTube if it gets deleted here.
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penston
music
2018-11-18 13:36
RE: Alternative Weekend: Focus on 'Tears for Fears'
Was Sowing The Seeds of Love their biggest hit? The video certainly received plenty of air time for several years. I didn't hear Mad World until after it had been covered.
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penston
anarchy
2018-11-18 13:30
RE: Are you tired of the rich getting richer on the back of your employment?
I can't tell you how much I agree with this post. The pie was made big enough for everyone, but if we don't collectively demand our fair share, we get crumbs.
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penston
steem
2018-10-21 03:18
RE: Time To Buy More Steem? But Where?
The "Santa Claus rally" of 2017 was most likely influenced by the enormous price inflation seen in Bitcoin that year, so I wouldn't gamble on that happening again. Note the word "gamble".
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