Recent content by Hoppean

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    What's wrong with Austrian Economics???

    The reason why your "science" is dismal is because you fundamentally reject subjective marginal utility. That's why you have "economists" like Jared Bernstein arguing that higher than market wage controls do not lead to unemployment. He uses your method of "empirical-scientific evidence" to make...
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    What's wrong with Austrian Economics???

    Nobody trained in serious mathematics thinks that the "math" that Keynesians do, is anything but low level parlour games with numbers, so don't flatter yourself.
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    What's wrong with Austrian Economics???

    Is this statement itself "falsifiable" or "scientific"?? No it is not! In other words the very notion that there are no apriori truths, or that in order for a statement to be true it must be subject to the scientistic positive method, is itself a non falsifiable statement that, using their...
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    Peter Schiff to appear on the Daily Show:Warning some sheep may wakeup

    I think what he's saying is that, while both forms of money may be fungible today, they may not be in the future. A good historical example would be America in 1929, at the time gold and federal reserve notes were fungible. However when the crisis hit, people demanded that their Fed notes be...
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    Bernanke HUMILIATED by RON PAUL

    This is just wrong. Purchasing power determines exchange rates, if domestically produced goods were, on a relative basis, cheaper than the same foreign good then this difference would be arbitraged away by foreign currency holders. The result would be that domestic goods would be bid up and...
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    Bear Capital Fund

    I've been with BCF since early 2005, and they've been great to me. I have nothing but good things to say, like Red_Ink_inc said good firm and good people.
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    The Federal Reserve System - Purposes & Functions

    The only thing more disgusting than you trying to give intellectual cover to the blatantly criminal and fraudulent nature of central banking and fractional reserve banking, is that you probably believe it. The problem is you have exactly zero understanding of economic science, otherwise you...
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    The Capitalist system, it's flaws and possible solutions.

    Nitro, first of all you haven't demonstrated how putting work and effort into something implies value for others. Value is not some physical property sitting there waiting to be observed and measured, it is not inherent in anything. Something that is valuable to you is not necessarily valuable...
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    The Capitalist system, it's flaws and possible solutions.

    Nononsense, good post although I think you're referring to Ludwig Von Mises, I believe Richard was his brother and a mathematician. I also agree with you about the occult practices of the ruling elite. We don't have free-markets anywhere, what this world has is statism-socialism to one...
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