That's the usual Kurt reply to anyone who's not a lickspittle for the status-quo. BTW, you youself said what's good for the economy is usually bad for Individual. Or do you not have a "recollection" of that?
Money is creation of each government why do you think the world uses different curries? No idea how you’re going to argue that interest rates are some natural thing not involving governments or banks and you couldn’t be further off base if you don’t think that markets are heavily influenced by governments
actually I thought I read that someone did mention to abolish taxes. which if that is done would affect local, utility, county, state and federal services unless something else was put in there place to not affect government Revenue.
Yes, I do, and I'll repeat it here again. It is not at all uncommon that what is good for an individual is VERY bad for the economy writ large, and VICE VERSA. If you had ANY education in economics, not ONLY would you know that, it wouldn't seem odd at all to you. It's only a SLIGHT exaggeration to say it's the normal state of affairs. That's why Austrianism is utter hogwash - it fails to allow that disconnect, a disconnect that stands at the very heart of economic study. You see, @longnine009, this is not some "trap statement" you can play "Gotcha!" with. It's a fundamental truth of economics. Yeah, I realize that once you've washed down the Austrian School baloney with Ayn Rand Kool Aid, that idea might be stressful for you, but it is what it is.
Yes, all are governmental creations, by their very nature. Why do you ask? Were they always through history? No. Are they now, not just here, but every-stinking-where? Absolutely yes.
Greetings to all. So silver is not getting crushed today? Quite the odd title to a thread. This is, of course, simply my humble opinion. I shall look elsewhere for current information. Perhaps a moderator should consider changing the title as I pulled a muscle reaching for my checkbook.
maybe we should have many threads .... Silver is getting crushed Silver is stagnant Silver is rocketing up Silver is slightly up today Silver is slightly down today or How to sell your silver and not lose any money.
Actually I took a semester of Lord John's crapulous pablum. Never slept better. Unfortunately, I must've missed the part where I'm suppose to embrace something that's against my best interest.
Why? Too subtle and nuanced for you edited, is it? Our personal wants and desires are OFTEN bad for us, or have you never known a Type II diabetic? I suppose Ms. Rand would call diabetes a moral failing, right? Hey @longnine009, you can choose to align yourself with that nutcase led cult of Austrianism/Randianism, if you like. It's no different than Jim Jones in the tropics. I'll pass on it, thank you very much.
Just one semester, huh? For the greatest economic thinker of the 20th century? That explains a lot then. You need at least four semesters to even begin to fathom the Great Man's wisdom. I had even more, and I'm currently shopping for a First Edition of Keynes' The General Theory of Employment, Interest, and Money, if you know where I can snag one in good condition.
I don't mind simplistic at all. What did Lord John's complicated gobbly-gook get us besides a baboon troupe of economists who couldn't forecast gonorrhea in a red-light district?
And yet every detail of the 2008/09 crash recovery followed EXACTLY what Keynes would have predicted. Why? Because it was nowhere near quick enough, targeted enough, big enough, or long-lasting enough.
Ok Guys, belittling individuals thinking is not necessary to get a point across. It tends to indicate possible weaknesses in one own, so stay smooth.
So is the General Theory, but like AS (I’d REALLY like to add another S, but...), the modern printings are being used as cover design projects too often. I want a hard cover first printing.
we are talking about Silver right ? FYI I think I have a 1978 edition buried in boxes of books I have. There's a 1st edition on eBay for $950 BIN That's a 3/4 oz gold Kennedy !! ouch