via youtube.com
Scenes from the Cocoa Beach Air Show, November 6th, 2011
Friday, September 28, 2012
PAUL KRUGMAN REFUSES TO DEBATE AUSTRIAN ECONOMIST FOR CHARITY
There are only two possible outcomes: (1) Krugman approves and Murphy gets the chance to engage in an open and honest debate about economic policy while delivering a huge bag of money to a food bank’s doorstep, or (2) Krugman disapproves and we reveal a redistributionist as hypocritical.
via megalextoria.com
Ron Paul QE3 Predictions Are Already Proving to be Correct
It hasn’t even been a month yet since the Fed made their QE3 announcement, but Paul’s Austrian-based analysis would suggest that it will only continue to make things worse. By further devaluing the dollar, buying up near-worthless debt, and keeping interest rates near zero, the Fed is sending terrible signals to the economy while simultaneously not allowing the debt and malinvestment to be liquidated. Without this necessary correction, true economic production and growth can not be achieved. Paul’s recommendation of a “strong dollar and market interest rates” is once again being unheeded.
via megalextoria.com
What's the definition of insanity again?
Thursday, September 27, 2012
Subscribe to:
Posts (Atom)