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<p>[QUOTE="fatima, post: 1401203, member: 22143"]Economics is a pseudo science at best. Fundamentally, it pretends to be a science of capitalism yet then ignores the fact that monetary policy is decided by the private banking system by design, by a few unelected men whose only qualification is a nomination by the President. Their stated goal is to "intervene" in the free market by whatever tools are made available to them, i.e. currency creation/destruction, in order to achieve a predetermined but known only to them goal. In other words, the winners and losers of our economy are picked by a handful of people instead of the free market and these economists all ignore this. </p><p><br /></p><p>This is why economists all fail at their "predictions" and why they all either work for the government, banks, or teach. They provide nothing to the real wealth creation portion of the economy but instead only serve to provide cover for the part of society that takes this wealth and re-distributes it. How many economists were held accountable for the housing debacle? Follow them at your own risk.[/QUOTE]</p><p><br /></p>
[QUOTE="fatima, post: 1401203, member: 22143"]Economics is a pseudo science at best. Fundamentally, it pretends to be a science of capitalism yet then ignores the fact that monetary policy is decided by the private banking system by design, by a few unelected men whose only qualification is a nomination by the President. Their stated goal is to "intervene" in the free market by whatever tools are made available to them, i.e. currency creation/destruction, in order to achieve a predetermined but known only to them goal. In other words, the winners and losers of our economy are picked by a handful of people instead of the free market and these economists all ignore this. This is why economists all fail at their "predictions" and why they all either work for the government, banks, or teach. They provide nothing to the real wealth creation portion of the economy but instead only serve to provide cover for the part of society that takes this wealth and re-distributes it. How many economists were held accountable for the housing debacle? Follow them at your own risk.[/QUOTE]
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