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I am happy to know there are countries in better shape. HEY maybe our bankers can fly to canada to learn some banking.

So according with you the nation will brake??? I shall fight in the union's side no matter what. ####non unionists.

http://mises.org/story/3353 GREAT ARTICLE............A LITTLE LONG BUT WORTH READING. thank you all:)

http://www.elitetrader.com/vb/newreply.php?s=&action=newreply&postid=2322852 Check awesome inflation data here.

True but.................... Education has priceless components too. Today I enjoy the good payment of a senior accountant, if many start getting accounting degrees my salary could go down as I face stronger competition. However, I would still be a professional and despite the fact that I'd...

Your graph also shows how M3 went from 20% of the money supply in 1995 to over 40% of the same in 2007.

I did not get your point However, Real GDP is not GDP. Also Economic development is more important than increases in Real GDP (even more than just GDP).

It is not Keynes anymore, not any other type of economic approach or idea. Effectively since 1971 "credit" became the main form of money in circulation (check money aggregates). We live in an era of Bubbles, due to constant asset price inflation, fiscal deficits, trade deficits. Because this...

1971-present "Bubbleconomics Era"

True We are poorer now because we dont own anything. The bank does. All we do is work to pay at interest the things we need/want in life. But having more stuff than 1970 does not mean we are better off. It just means we are full of debt. Even you pay off your mortagage you are force to pay...

You austrians are full of .............................all you say is "prove it". Extremist............no matter how...............will always fail.

States should be given the right to implement monetary policy (using the dollar of course) that would reallly mean something.

I have to watch Ron Paul sayin that........Do you have the link??? thank you

Of course you do...................I wonder if you also fail to see other...

this crisis will be over only when enough wealth has been stolen. He knows what he is doing. And it is not economics but fedconomics.

Excellent

In three years I would like to punch in the face.

Simple.........a recession began after the market began correcting itself from the 20s bubble............however the fed made things much worse by reducing credit and money in circulation. Countries that expanded the money supply when their GDP was below their potential GDP experienced real...

The principle to understand economics is to understand money. Because the language of economics is money.

:D They wont recover because there is no equity and there is no equity being created lately.