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You referring to The Mystery of Banking? It's a fairly large pdf and I have other things to read and do. A glance at it though seems to indicate it is written in a fairly simple style. If it is clear enough for you to recommend it as a primer I doubt it is even remotely as challenging to read...

What that article appears to be describing is the mechanics of monetary policy and how the Fed through its open market operations controls the interest rate. Funny that isn't mentioned. http://en.wikipedia.org/wiki/Open_market_operations

They're trying all sorts of things but not those with a proven track record or those that are starkly innovative like going directly to financing those paying the mortgages. They seem to have settled for lesser big government methods even though it means letting the financiers who got us into...

I don't know why you are so enamored with deflation. If Weimar Germany and the Zimbabwe of today are cautionary tales of the dangers of hyperinflation, the Great Depression is a poster child for chronic deflation.

Surely you can summarize? Aside from the partiality of advocates of the Austrian School to gold I don't see that much in terms of ideas. Even what ideas they do have seem to have been greatly discredited in the 19th century. Anyway who in the political sphere adheres to the Austrian School of...

Then offer the solution. What I see is a lot of complaints by people who don't seem to get a lot of the pros and cons of the various systems that have been tried. If you don't like the current system suggest the superior alternative and explain why it might work. Remember though you might...

No doubt there is excessive credit floating in the system and that will need to be reined in. One can even say the system itself is crazy and needs to be changed. But there are options on how to go about doing it. One can let the house catch fire and burn to the ground then start from scratch...

How did you come to this conclusion? Whose opinion do you base this assessment on? The Fed was blamed for making a bad situation worse when they tightened credit and most economists since that have studied the era agree with that assessment. Because of the Fed's mistake, what started out as a...

If the above is accurate, I see an example of a Democrat not letting party affiliation get in the way of what he believes to be the truth. Is that too much to ask of Republicans?

Interesting how the Republicans on this board repeat ad nauseum purported relationships that have been denied and investigated and proven to be pretty much non-existent. With the Republicans here lying repeatedly and intentionally spreading disinformation that they should know by now is...

Long Depression 1870s to 1890s.

Tell this to the Japanese who experienced a lost decade of no growth despite their impressive savings rate. Savings is not the same as investment, it would be akin to saying supply is demand. There is a conceptual difference. Simplistic explanation. You fail to recognize that conversion...

Running a campaign when you think about it is a formidable task. Millions of dollars are on the line. Hundreds maybe thousands of people are involved. It's a daunting challenge. Now what executive decisions did Senator McCain make again? Oh yes! He "suspended" his campaign so he could...

Deflation promotes investment? How so? Explain. Are you against the stock market? Are you against the bond market? In a certain way they operate in the same fashion as you describe. Companies create these financial instruments out of paper and exchange them for YOUR money and buy things...

From what I've read during the primaries, Obama is a self-made millionaire. He is an excellent fundraiser and has shown creativity in using unconventional and unorthodox approaches effectively. As one person put it Hillary had the best fundraising system of the 20th century; Obama had the best...

Watch and learn.

Then tell him to run for president and let's see how far he gets.

Obama has worked as an editor of a prestigious publication, became a lawyer, taught at a top tier university, became a senator, wrote a bestselling book, broken fundraising records, and has become an historic figure and cultural icon by breaking barriers in politics. He has done FAR more than...

Apparently you have no clue why fiat money has been adopted by every government on the face of the world. Indeed it has been going on for a very long time which makes me wonder why you think the Fed should be blamed for everything since it only came into being in the last century or even...

If the stock market went up 20% after you sold will you be mad? If it went down 20% more would you feel worse? Where was you predefined exit? In the end it is your life, your decision, your responsibility. There is a chance we can see a bit of a bounce but overall it is a bad market...