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Started By
Message
re: Stock markets vulnerable to hack - flash crash, about $100 billion disappears
Posted on 4/25/13 at 2:34 pm to Broke
Posted on 4/25/13 at 2:34 pm to Broke
quote:Please post your email (if you wish) so I can email you some information. If you prefer not to, I understand.
. I have you pegged for a 20 year old who is learning his ways in school. I have one little shite like you in every class I teach.
1
Posted on 4/25/13 at 2:35 pm to LSURussian
quote:
You're losing
Horribly. But I can't stop watching even though I'm starting to feel very uncomfortable for the ole chap.
Posted on 4/25/13 at 2:38 pm to LSURussian
quote:
Please post your email (if you wish) so I can email you some information. If you prefer not to, I understand.
Let me know when you get it.
This post was edited on 4/25/13 at 2:41 pm
Posted on 4/25/13 at 2:40 pm to Broke
Got it. Check your email in a few minutes...
Posted on 4/25/13 at 2:41 pm to joshnorris14
quote:
There have been other books (And one economist in particular that wrote them) that have accounted for all of the recessions pre-1913, but the name of them and the economist slips me right now. If I remember it I'll post them. That's just the one book I've known that I could recall off the top of my head.
I have no doubts, and don't worry, I understand it's fricking hard to remember all these economists and books.
quote:
Without understanding praxeology you can't properly evaluate the empirical data.
That's similar, note: similar is not exactly, to saying data means nothing without parameters, which is true.
This us the underlying problem with all of these books that study each recession. The paramenters change over time with each study, and you're basically pulling Alabama national championship logic to validate your claims.
I understand nothing is a vacuum and there are always multiple factors, but the books I've read analyzing each recession are good for historical reference but each do not support the claim that the situation could not at least have been softened by a central bank.
quote:
The Austrian school does a wonderful job of taking on the post-Central Banking recession (starting out with ABCT under Mises and Hayek) as that's what mattered at the time. Their prescriptions hold when there is no central bank.
That's the problem, they don't. How can they? It is impossible and is the biggest apples to oranges comparison you can make.
Posted on 4/25/13 at 2:42 pm to Broke
quote:
Horribly. But I can't stop watching even though I'm starting to feel very uncomfortable for the ole chap.
Me too, I can picture him later in life in front of Ben Hill Griffin Stadium, Loudly quoting passages from The Citizens Rule Book to confused and uncomfortable Gator fans.
Posted on 4/25/13 at 2:45 pm to Broke
YGM
Posted on 4/25/13 at 2:46 pm to joshnorris14
quote:
This is what I act like in Econ classes:
*rolls eyes*
*Asks sarcastic questions about exploiting the broken window fallacy through a state of ignorance*
*Asks why the principles of micro don't translate to macro*
*rolls eyes*
Holy shite how did I miss this post.
You have literally never worked a single day in finance, have you? And when you said the books have slipped your mind that means you need more time to google them, doesn't it. The amount of arrogance you just posted in the quote above is really alarming.
This post was edited on 4/25/13 at 2:50 pm
Posted on 4/25/13 at 2:46 pm to Vols&Shaft83
Wanna' see something funny? Post your email address and I'll send you a good chuckle.
Posted on 4/25/13 at 3:01 pm to LSURussian
quote:
LSURussian
I'm really starting to understand your hostility towards the mogray's, etc..
Live and learn I guess...
Posted on 4/25/13 at 3:05 pm to LSURussian
quote:
Wanna' see something funny? Post your email address and I'll send you a good chuckle.
Thanks!
This post was edited on 4/25/13 at 3:35 pm
Posted on 4/25/13 at 3:05 pm to BennyAndTheInkJets
quote:
You have literally never worked a single day in finance, have you?
Right, I'm a college student.
quote:
And when you said the books have slipped your mind that means you need more time to google them, doesn't it.
No, it means I can't remember them. For some reason I was thinking Thomas DiLorenzo wrote them but he's not the author. Maybe Doug French?
quote:
The amount of arrogance you just posted in the quote above is really alarming.
You're assuming an awful lot.
Posted on 4/25/13 at 3:06 pm to BennyAndTheInkJets
quote:
BennyAndTheInkJets
Statist bastard.
Posted on 4/25/13 at 3:07 pm to BennyAndTheInkJets
quote:
I'm really starting to understand your hostility towards the mogray's, etc..
To be fair, Mogray started to post a little bit better as time went on.
Posted on 4/25/13 at 3:12 pm to joshnorris14
Have you ever actually held a job?
Posted on 4/25/13 at 3:14 pm to Vols&Shaft83
quote:
Have you ever actually held a job?
The kid is still in college and hes trying to argue with finance professionals.
Posted on 4/25/13 at 3:17 pm to AUtigerNOLA
quote:
The kid is still in college and hes trying to argue with finance professionals.
I wonder if he will feel differently about us when he grows up?
Posted on 4/25/13 at 3:20 pm to Vols&Shaft83
quote:
Have you ever actually held a job?
Yes, and the worst one was working on a political campaign
Posted on 4/25/13 at 3:21 pm to AUtigerNOLA
quote:
The kid is still in college and hes trying to argue with finance professionals.
Ad hominem and appeal to authority, All in one sentence.
Posted on 4/25/13 at 3:26 pm to OFWHAP
YGM. You can remove your address if you want to.
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