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That's what happens when you vote for charisma over competence. It is inevitable. There is no solution, but they have to at least pretend to try :P Representative democracy is a farce.

Best idea I've heard so far.

Got any proof to back up that statement?

Always do. At present I believe the truth to be as I stated. But I always retain an open mind. I have of course watched zeitgeist and such and such. If you have something you think I should see, I am more than happy to give it my unbiased attention. My pleasure is always to be corrected. For...

Lets agree to disagree on that for the sake of my lazyness.

Free trade is good for everyone economically. Trust me. There are of course other negatives. Countries lose their culture, and the division of labour leads to boring repetitive dead end jobs. But this is an economics forum. So I'm sticking with the economics. It is not free trade that...

Its not a bad deal if the united states has another asset bubble in the not too distant future (unlikely). But not such a good deal otherwise since it is talking capital that would efficiently go where most needed, and forcing it to go somewhere else. Yet not all together terrible deal, in that...

Hey jem, Yes well as said I don't want to too much into specific economic schools of thought, or debating what I stated, which you have most considerably respected. However, I will state this. I do not follow any particular school of thought and do endeavour to never make assumptions. The...

That's a silly myth from conspiracy sites. That's what happens on the internet these days and particularly when people smoke too much pot for which I have many experiences also. The Fed loans money to the treasury at a very low rate. The Fed takes out their upkeep costs (like a normal...

What do you mean all new money is backed by debt? You mean new money the Fed injects on occasion?

The biggest school bully can steal as much lunch money as he likes and get away with it, until another bully can meet his match.

It's more about interest rate differentials. The low interest rates accounts for the majority of the "printing press". The United States has been the lowest of the credit hungry countries. The credit brings with it a illusory inflation, because it must one day be paid back to foreigners.

They just take a biased group of goods and services and compare them to previous times.

I will give up freedom of speech, if you give yourself freedom of thought.

hahahaha good post..you surprised me I agree with you on all counts on that abstract basis :)

dude, Ive thought long and hard about equality versus efficiency. Wealth cap etc. would just make everything more inefficient, and everyone would go back a few steps in their purchasing power. I respect your intentions. But - you cannot force a plan on selfish people. You will...

you might aswell mention every other deceptive policy in the world why you are at it. It is the nature of the beast. humans are terrible people. They do bad things to each other. And some of them group up and bully the rest. The only way to beat them is group up and bully them. But...

If interest were not charged capital would be lieing dormant all over the place unused as capitalists pondered on what they should do with their excess cash. The economy would go back to the 40's. As a wage earner you would not be able to afford a plasma TV. End of conversation.

yes in a nutshell.... first people buy food, then they buy shelter, then they buy desireable things if the value of food goes up, then the value of all other things goes down. cost push inflation affects consumables mainly quantitive inflation affects everything but in a pyramidial...

99 percent of the people in the world are ignorant and stupid bernanke is included - nothing he ever says is right - why is that going to change now? Never ever listen to him - pretend he does not exist - and all the talk he does do, is part of propaganda anyway... to instill confidence so...