Coldhardsteel
Gold Member
No way, those tea party guys seem crazy, along with that dude who always cries on the TV.
Well, you said escape liberals...
No way, those tea party guys seem crazy, along with that dude who always cries on the TV.
Hey zambizzi...just curious if your an economist or something similar. I'm currently studying economics so i'm learning about all that stuff. I was under the assumption that its the neoclassical and monetarist stuff that has been getting taught since the 70s, until about 2 years ago where there seems to be a bit of a revival of Keynesian economics with the whole global financial crisis. I do agree with you that there is alot of merit in learning the basics of Hayek and the Austrian school of thought though.
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Zambizzi is a long time critic of the Fed and a seriously smart guy. He can Maynard with the best of them...
Pol, not sure if the administrations had much to do with the slump other than the economic consequences of a war without an end in sight. Its a gradual unravelling of long term fiscal policies, and tectonic shifts in the global economy..
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Whoever's administration it was that supposedly caused the recent problems, this stuff goes back to at least 1913. Fractional reserve banking is a bad idea for everybody except bankers. Same goes for private central banks. The war of independence was primarily fought to free America from the tyrannical tendrils of the Bank of England, ask Thomas Jefferson!
We all have some very interesting times up ahead of us.
his theories were really only suitable in an absolute dictatorship, such as Nazi Germany.
..... Blaming political action is mostly a distraction. Nothing politicians do, on the scale that they do today, would be possible without a fiat currency....
Well, you said escape liberals...
Hi Zambizzi - Great work. Ron Paul 2012, end the fed, legalize pot (with a goal to legalize every drug eventually) and let's can the income tax. It sounds crazy, but it's going to happen one way or another eventually.
The war of Iraq was Bush backed by 99% of politicians democrats and republicans so do not try to say just the Tea Party who by the way was not even around at the time is responsible for it.
Millions of people wasted in prison?, 30% are not even citizens yet we are paying for their room and board (which 90% of the time is better than being free in their own country) Shore up the border.. that would create jobs would'nt it?
Everyone is starting to expect handouts and when they don't get it they resort to crime, and end up getting a handout 1 way or the other.