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apparently the mighty George Soros is commissioning a new economic "whatever" to address mainstream economic theory failures. Why dont they read Friedman and some of the AE school material??? http://www.economist.com/business-finance/economics-focus/displaystory.cfm?story_id=15908207

Still I wont pay.

I havent paid my cc in over a year now. I owed about 10K but almost 9 was owe to Chase. This company has a bad reputation and most likely will take me to court. I really dont know how this stuff work but I am 200% determined not to pay them. Even If i have to go to jail for it. If...

Millions will die of hunger. I rather dont even consider it a topic for discussion

That is a powerful reason. The US does not want another US or USSR The EU does not want another EU. At the end..............its all about business and power.

I received my book yesterday. Thanks a lot for your generous gesture.

http://www.shadowstats.com/ check it out

The explanations in the website are Keynesian Macro based models. Therefore useless. Regarding inflation or deflation. We need to see how the fed computes inflation. For my part we will have inflation no matter what.

he is a joke

I dont think they want to devalue the currency. I think it will happen anyways because they have to issue trillions in order to save us from the (supposed) evil of deflation. MOre important.............I think after this healthcare thing congress will regain attention to restrict the Fed's...

I know but I think it would bring more stability to the banking industry, minimize debt bubbles and systemic risk.

Regardless of what's happening.................FRL............keeps on being a huge problem. The lower the RR the higher the risk and debt. A way to minimize this risk is to have higher RR. Ideally about 20 to 25% of RR.

Inflation is the worst tax of all. The easiest way to steal. I dont even consider anyone who favors inflation....an economist. Sometimes Milton Friedman can be confused as a typical monetarist. He just wanted to keep the purchasing power constant............this is by the...

I am so sick of this guy.

Bernanke Says Economy Needs ‘Accommodative’ Policies (Update2) Share Business ExchangeTwitterFacebook| Email | Print | A A A By Scott Lanman March 25 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke said the U.S. economy still needs low interest rates and that the central bank...

Mr. Mises did contributed a lot to the field of economics. However, show some intellectual respect. Milton Friedman is a true champion of economics, freedom and capitalism. Mises guys are radical, intolerant, anarchist, antisocial, extremist and above all................unrealistic.

Capitalism & Freedom (Milton Friedman) Free to Choose (Milton Friedman) Economics in one Lesson (Henry Hazlitt) After reading these 3 you will know more economics than Ben Bernanke, Greenspan, and all those PhDs from Wall Street.

All that is nonsense.............science fiction.

Unless they all default paying 29.99% in credit cards................they wont.

That depends whether the minimum wage is below or above the equilibrium of supply and demand. If below............then the law is just a protector of abuses. If above it..........it works as a shortage tool..........creating unemployment and high costs to firms.