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The Fed's deflation fairytale has been misleading individuals and drawing attention away from their mass-inflation for sometime. Its about time economics realizes falling prices aren't a calamity and that, thanks to a more efficient structure of production, prices naturally do fall with time.

I didn't make myself clear in that post, but in my that was quoted in the post I responded to had both tax cuts for consumers and producers. A tax cut on producers would not have that general effect for not every industry has a global scale.

The tax cuts won't help with the recession; however, they will enable the U.S. economy to grow stronger and become ever more competitive.

... of threatening the dollar's value with ever more unbridled government spending.

You make the false assumption that to do any good the tax cuts must aid the unemployed and unprofitable, which is wrong. Tax cuts would help businesses reinvest more of their profits, rather than them being carried off by the tax-man, thus leading to more capital-intensive and efficient...

Nowhere in mainstream deliberations.

Give it some time, I know that I myself am completely occupied with moving and the beginning of a semester of college next week. If you desire serious feedback, individuals need the time to seriously evaluate your material. Plus, its not even been a day.

Where is the money going to come from?

True, but its nothing that a zero interest rate will make better. Those banks that cannot reward savers don't deserve to exist.

Putting the interest rate below zero would be an even graver folly than the ultra-low interests rate now. The interest rate needs to be high enough to entice individuals to save so that there's funds in the loanable funds market for investments. If there's still investment without the savings to...

So the Fed was wrong before on many occasions, but because they are all-wise they will be able to learn from their mistakes and create a better monetary policy. I wonder how many times that has been said in the past.... Also, since they are not elected they don't have to worry about being...

Great, so even more spending and the government investing in an industry that may very well be a dead end. Plus, who is to decide what the best type of "green" investing is; for instance, many would consider nuclear power to be green, yet you don't, ergo the term "green" is at best extremely...

C, Privatize money.

Yes, but Hayek's theory gives an understanding of how such things, in general, come about rather than just an ad hoc explanation of derivatives and such.

Touche. All that they do know is that the Obama administration will look out for their best interests.

Wonder how long it takes people to smarted up and realize this is all the Fed's fault.

Production based on a structure of production that was in disequilibrium thanks to unnaturally low rates of interest and inflationary policies cannot last. In fact, contraction these days may be a sign of a healing economy as the poison administered by the central banks to try and bolster...

To make matters worse, because there are no savings, there are no funds for Americans to fall back on if times are hard and money for investment loans (at least when banks are honest, which is quite the assumption) depends on the amount of money saved. Of course, the Fed can continue printing...

The annoying thing about how this recession has been treated is that many are referring to it as a "crisis of capitalism" even though it was the government's regulations and the Fed's policies that caused it. Even though they aren't "natural", the fact that the economy can boom and bust...

Wrong, the current financial crisis is more of a result of the Fed's policy of a minuscule interest rate to aid with a "soft landing" after the 2001 recession, essentially trying, as Professor George Reisman said, to create capital out of thin air. By messing with the money rate of interest...