I don't base my opinion of Cruz on your opinion (and incessant cheerleading) of the Fed. Your views on the Cruz strengthens my position on Cruz, that's all.
This Ted Cruz is a flat out wackjob
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I don't base my opinion of Cruz on your opinion (and incessant cheerleading) of the Fed. Your views on the Cruz strengthens my position on Cruz, that's all.
Because I never heard him say it, and it's not listed in his platform anywhere that I've seen. And you've been known to say things sometimes that cannot be proven. That's all.
All he has on his website is regarding this is:
A rules-based monetary system would restore stability to the dollar and to the international currency system. This will help us get beyond these cycles of boom, bust, and malaise, and return us to rising productivity, strong economic growth, and higher incomes for all.
If anyone thought for one moment about what a gold standard would mean they'd run like hell from it. The buying power of your currency would YoYo up and down like crazy! The only reason the gold standard worked was its constant price guaranteed by the U.S. Treasury. That became untenable when the treasury was redeeming currency backed by gold at 35$/Oz. while elsewhere gold was selling for 40$/Oz. THAT is why we went off the gold standard.
Keynes knew a gold standard couldn't be maintained indefinitely and that's why, at Bretton Woods, he proposed an alternative that would have lasted and would have worked. I am always suspicious of the reasoning power of anyone today who might suggest going back to a gold standard. It is especially scary to find this kind of weak thinking in politicians, but I am not surprised at all to find it on ET where it is relatively harmless..
Good for you. I removed that to tone down the challenge. Next time I'll leave it in and we can get in a flame war if you prefer.
You'll excuse me if I ignore pretty much everything you (and Keynes) suggest economically. Thanks.
Even finding any connection at all is bizarre.
Bizarre how? Cruz (and many other candidates and conservatives) consider Fed policies to have run amok. You cheer them. Why is it so hard to see how you not liking a candidate would mean those of the opposite view would find those candidates even more appealing? Are your deductive reasoning skills as "sharp" as your economic ones?
Many of my responses to you are actually intended for others whose reasoning powers are perhaps somewhat beyond your own. I hope you will excuse me for using you in this way.
Seriously? Are you reduced to trolling now? You can't actually believe this.
We have just witnessed the spectacle of the two democrat contenders, one an elderly socialist/marxist, the other a notoriously dishonest shrew, vying to say who would be the most aggressive in ignoring US immigration law and allowing any and all who invade our country to remain. It was so extreme even the Washington Post called them out. Then there is the unseemly begging for the endorsement of race hustler Al Sharpton. Say what you will about former klansman David Duke, but he never fomented a riot that got several people killed or encouraged anti-Semitic violence that resulted in a young jewish man being stabbed to death. Sharpton did.
Any advantage the democrats have in national elections is the result of half the country living parasitically off the rest of us.
Democrats have not won a majority of white votes in 50 years. They achieved a plurality once in that period when a third party candidate split the white vote. They do even less well with white men. They are the party of extremists, wackos, leeches and thugs.
Says the guy who had never heard of Jim Grant, and thought the GM bailout made money, that Japan is on the right track, etc...