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re: The Time Table for the Dollar
Posted on 12/3/12 at 10:20 pm to TheHiddenFlask
Posted on 12/3/12 at 10:20 pm to TheHiddenFlask
Well like I said, I am in the process of understanding economics and business. What I have read may be all lunatic literature but most of it made sense. However I don't necessarily agree with a gold standard based off its use throughout time. I also don't agree with the complete absence of government in the market. But printing money or moving assets to save dying companies makes no sense to me. It delays or spreads the tragedy to other competitors. It's those moves that make me question the role of the government/federal reserve in the economy.
Posted on 12/3/12 at 10:50 pm to slutiger5
quote:
But printing money
It doesn't seem that you understand what "printing money" means. It's not your fault, it's the fault of the alarmists and the politicians for misusing the crap out of the phrase.
Do some reading about the operations of the FOMC.
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