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Friedman Predicts the Destruction of the Dollar
~ RHF wrote:
On May 15, 8:06 am, wrote: On Fri, 15 May 2009 07:27:35 -0700 (PDT), wrote: - - correct, you cannot ignore the destruction of wages because you are - - competing with slave and sweatshop labor, on top of all of the - - environmental destruction. sooner or later the wage destruction will - - come home to roost and demand plunges. - Unless you do tariffs. Import Tariffs are the quickest way to a Global Depression. . We're already there. |
Friedman Predicts the Destruction of the Dollar
The late, great Milton Friedman http://www.ideachannel.tv/
in his classic book prophetically revealed how 0baMa0's reckless monetary policies will cause hyperinflation and destroy our nation https://www.newsmaxstore.com/nm_mag/...MO_CODE=7FD4-1 |
Friedman Predicts the Destruction of the Dollar
On May 15, 5:27*am, wrote:
The late, great Milton Friedman http://www.ideachannel.tv/ in his classic book prophetically revealed how 0baMa0's reckless monetary policies will cause hyperinflation and destroy our nation https://www.newsmaxstore.com/nm_mag/...MO_CODE=7FD4-1 Milton Freidman coined the phrase "there's no such thing as a free lunch." I live by that phrase. Milton Friedman's other philosophies screwed up several economies. People are worried about hyperinflation http://catalog.usmint.gov/webapp/wcs...category=10191 Production of United States Mint American Eagle Gold Proof and Uncirculated Coins has been temporarily suspended because of unprecedented demand for American Eagle Gold Bullion Coins. Bush's administration more than doubled the money base during his last year in office. Production didn't double, infact the economy was contracting. I wonder where the money is going that we don't already have huge inflation. None the less, I don't blame Obama for this problem. Government spending itself doesn't cause inflation. Inflation is too much money chasing too few goods. If the money isn't chasing the goods there won't be inflation. US productive capacity has been sidelined. It's being dismantled. There isn't enough money in the system to support our production. As long as we are in a global system where other nations do not value their labor our labor will be devalued. There's no free lunch. We are becoming a third world nation. The Reagan era is ending. Milton Friedman was wrong about just about everything except there is no free lunch. |
Friedman Predicts the Destruction of the Dollar
On May 15, 8:06*am, dave wrote:
wrote: The late, great Milton Friedmanhttp://www.ideachannel.tv/ in his classic book prophetically revealed how 0baMa0's reckless monetary policies will cause hyperinflation and destroy our nation https://www.newsmaxstore.com/nm_mag/...MO_CODE=7FD4-1 Milton Friedman? *Give me a break. *The man should be in Hell with Chairman Mao. both gary and dave are correct, the man was a one man wrecking crew, who destroyed the demand(wages)of the western worker. today we are reaping what he and other quacks and cranks, have sown. he destroyed the economy of the u.k., ireland, iceland, the baltics, russia, almost all of south and central america, new zealand, really, almost the entire world. now its even hitting us. we are in a deflationary spiral, and it will be a miracle if we can avoid a out right depression. a deflationary spiral is wage deflation, which translates into plummeting demand, something all of miltons polices have led us to. milton destroyed the dollar. squawk hyper-inflation hyper-inflation, except, when you are in a wage deflation spiral(plummeting demand, demand is driven by wages): U.S. consumer prices unchanged in April, sluggish consumer demand limited companies' pricing power even gas is up quite a bit, but it still does not matter. deflation must be roaring in america for prices to be flat when energy is up so much. it bodes ill for the new energy bubble though, demand is falling for their products. pretty soon the idiots will have to sell their assets for cash to pay their bills, then oil and gold will plummet again. http://finance.yahoo.com/news/US-con...&asset=&ccode= U.S. consumer prices unchanged in April • On Friday May 15, 2009, 8:54 am EDT WASHINGTON (Reuters) - U.S. consumer prices were unchanged in April as expected, but recorded their largest 12-month drop since 1955, government data showed on Friday, as sluggish consumer demand limited companies' pricing power. The Labor Department said its closely watched Consumer Price Index was flat after falling 0.1 percent in March. Compared to the same period last year, consumer prices fell 0.7 percent, the biggest 12-month decline since June 1955. In March, the year-over-year CPI rate fell 0.4 percent. Core prices, which exclude food and energy items, rose a faster 0.3 percent versus a 0.2 percent increase in March. That compared to analysts' prediction for a 0.1 percent increase. Core prices rose 1.9 percent year over year after a 1.8 percent rise in March. Energy prices fell 2.4 percent after dropping 3.0 percent the previous month. The food index fell 0.2 percent in April, the largest drop since May 2002 and the third straight monthly decline. (Reporting by Lucia Mutikani, Editing by Andrea Ricci) |
Friedman Predicts the Destruction of the Dollar
"dave" wrote in message m... wrote: The late, great Milton Friedman http://www.ideachannel.tv/ in his classic book prophetically revealed how 0baMa0's reckless monetary policies will cause hyperinflation and destroy our nation https://www.newsmaxstore.com/nm_mag/...MO_CODE=7FD4-1 Milton Friedman? Give me a break. The man should be in Hell with Chairman Mao. There's a Haitian saying: "He who lays down with dogs gets up with fleas" and a Dutch saying "Mix with the slops and you'll be fed to the hogs" IMO these sum up the end result of globalization nicely (as I perceive it). First world countries will be dragged down to the level of the third world. |
Friedman Predicts the Destruction of the Dollar
On May 15, 8:59*am, "They call me Trinity"
wrote: "dave" wrote in message m... wrote: The late, great Milton Friedmanhttp://www.ideachannel.tv/ in his classic book prophetically revealed how 0baMa0's reckless monetary policies will cause hyperinflation and destroy our nation https://www.newsmaxstore.com/nm_mag/...MO_CODE=7FD4-1 Milton Friedman? *Give me a break. *The man should be in Hell with Chairman Mao. There's a Haitian saying: "He who lays down with dogs gets up with fleas" and a Dutch saying "Mix with the slops and you'll be fed to the hogs" IMO these sum up the end result of globalization nicely (as I perceive it). *First world countries will be dragged down to the level of the third world. correct, you cannot ignore the destruction of wages because you are competing with slave and sweatshop labor, on top of all of the environmental destruction. sooner or later the wage destruction will come home to roost and demand plunges. how the market fundamentalists can still have a feverish grip on the world is beyond me, they have been complete failures, and have driven just about every country into bankruptcy. free trade is dead, its dying as we speak, yet, the g-20 just meet, got down on their hands and knee's, and are still barking and braying about the wonders of the free market, and pledging themselves openly to adhere to the religion, simply amazing. |
Friedman Predicts the Destruction of the Dollar
On May 15, 7:27*am, wrote:
*free trade is dead, its dying as we speak, yet, the g-20 just meet, got down on their hands and knee's, and are still barking and braying about the wonders of the free market, and pledging themselves openly to adhere to the religion, simply amazing. After all that has happened I still believe we are best served by free trade in fair markets. Our economic and military safety is best served by shared interests of the masses and control of the power elite in every nation. In my younger years I underestimated the impacts of cultural norms and the time it takes to change them. I wonder how many really hear Obama's UofA speech, especially the parts about standards of success. I wonder how many around the world dream of one day becoming the oppressor rather than the opressed, not thinking about the alternative where none are oppressed. I still think that when China come fully on line things will start getting better even if there are other holdouts. The problem is to find a way to bring them on line without destroying the habitat for humans. |
Friedman Predicts the Destruction of the Dollar
On May 15, 9:58*am, Gary Forbis wrote:
On May 15, 7:27*am, wrote: *free trade is dead, its dying as we speak, yet, the g-20 just meet, got down on their hands and knee's, and are still barking and braying about the wonders of the free market, and pledging themselves openly to adhere to the religion, simply amazing. After all that has happened I still believe we are best served by free trade in fair markets. *Our economic and military safety is best served by shared interests of the masses and control of the power elite in every nation. a complete fairy tale. the exact opposite has happened. In my younger years I underestimated the impacts of cultural norms and the time it takes to change them. *I wonder how many really hear Obama's UofA speech, especially the parts about standards of success. I wonder how many around the world dream of one day becoming the oppressor rather than the opressed, not thinking about the alternative where none are oppressed. in a free market, you are free to do as you please, and that is just what happened to us. we are living the nightmare of freedom for the few. I still think that when China come fully on line things will start getting better even if there are other holdouts. *The problem is to find a way to bring them on line without destroying the habitat for humans. holdouts, just about every country in the world is back peddling from free trade as fast as they can to save what little wealth they have left. |
Friedman Predicts the Destruction of the Dollar
On May 15, 10:06*am, wrote:
On Fri, 15 May 2009 07:27:35 -0700 (PDT), wrote: correct, you cannot ignore the destruction of wages because you are competing with slave and sweatshop labor, on top of all of the environmental destruction. sooner or later the wage destruction will come home to roost and demand plunges. Unless you do tariffs. correct. and i think they are coming, even if the powers that be, kick and scream and get on their knees and beg forgiveness to their gods. sooner or later, its going to happen, otherwise we fail, and the nation breaks up. |
(OT) : but, But. BUT ! Prez Obama Promised Us A Free Lunch . . .
On May 15, 6:02*am, Gary Forbis wrote:
On May 15, 5:27*am, wrote: The late, great Milton Friedmanhttp://www.ideachannel.tv/ in his classic book prophetically revealed how 0baMa0's reckless monetary policies will cause hyperinflation and destroy our nation https://www.newsmaxstore.com/nm_mag/...MO_CODE=7FD4-1 Milton Freidman coined the phrase "there's no such thing as a free lunch." I live by that phrase. *Milton Friedman's other philosophies screwed up several economies. *People are worried about hyperinflationhttp://catalog.usmint.gov/webapp/wcs/stores/servlet/CategoryDisplay?c... * *Production of United States Mint American Eagle Gold Proof * *and Uncirculated Coins has been temporarily suspended because * *of unprecedented demand for American Eagle Gold Bullion Coins. Bush's administration more than doubled the money base during his last year in office. *Production didn't double, infact the economy was contracting. *I wonder where the money is going that we don't already have huge inflation. *None the less, I don't blame Obama for this problem. *Government spending itself doesn't cause inflation. Inflation is too much money chasing too few goods. *If the money isn't chasing the goods there won't be inflation. US productive capacity has been sidelined. *It's being dismantled. There isn't enough money in the system to support our production. As long as we are in a global system where other nations do not value their labor our labor will be devalued. *There's no free lunch. We are becoming a third world nation. *The Reagan era is ending. - Milton Friedman was wrong about just about - everything except - there is no free lunch. but, But. BUT ! Prez Obama Promised Us A Free Lunch . . . * Lower Taxes for the Poor * Higher Taxes for the Rich * Free Health Care for All * More {Union} Jobs for Everyone * People Around the World will Love and Respect America Again of Hot Air Sandwiches and Cold Reality Beer ~ RHF |
Friedman Predicts the Destruction of the Dollar
On May 15, 7:58*am, Gary Forbis wrote:
On May 15, 7:27*am, wrote: *free trade is dead, its dying as we speak, yet, the g-20 just meet, got down on their hands and knee's, and are still barking and braying about the wonders of the free market, and pledging themselves openly to adhere to the religion, simply amazing. - After all that has happened I still believe - we are best served by free trade in fair markets. ? Fair Markets ? Is China a 'Fair Market ? And do we the USA Free and Open Access to to Sell into the Chinese Market ? -*Our economic and military safety is best served - by shared interests of the masses and control of - the power elite in every nation. ? control of the power elite ? Control -by- The Power Elite ? Control -of- The Power Elite ? - In my younger years I underestimated the - impacts of cultural norms and the time it - takes to change them. ? Cultural Norms ? & "Change" Without Revolutionary Change about Three Generations which is roughly 60 Years or more for a Society to significantly 'change' Its' Cultural Norms. . *I wonder how many really hear Obama's UofA speech, especially the parts about standards of success. I wonder how many around the world dream of one day becoming the oppressor rather than the opressed, not thinking about the alternative where none are oppressed. The Leadership of the Power Elite -=versus=- The Dictatorship of the Masses - I still think that when China come fully on line - things will start getting better even if there are - other holdouts. ? China comes Fully On-Line ? The Internet ? -or- Globally ? -*The problem is to find a way to bring them on - line without destroying the habitat for humans. Chine will do it better than the USA because the Chinese will have built many more Newer & Cleaner Coal Fired Electric Power Plants the The USA which will build Zero because of the Environmental Road Block in the USA.. |
Friedman Predicts the Destruction of the Dollar
On May 15, 8:06*am, wrote:
On Fri, 15 May 2009 07:27:35 -0700 (PDT), wrote: - - correct, you cannot ignore the destruction of wages because you are - - competing with slave and sweatshop labor, on top of all of the - - environmental destruction. sooner or later the wage destruction will - - come home to roost and demand plunges. - Unless you do tariffs. Import Tariffs are the quickest way to a Global Depression. |
Friedman Predicts the Destruction of the Dollar
On May 15, 8:16*am, "(¯`·.¸Craig Chilton¸.·´¯) •• WHY be Unemployed?
www.LayoffRemedy.com ••" wrote: On Fri, 15 May 2009 05:27:33 -0700 (PDT), wrote: - - Friedman Predicts the Destruction of the Dollar - *Actually, it would be NEAT if the world could adopt - ONE universal, planetwide currency. *Hopefully soon! First the New World Wide Global Currency won't be the US Dollar. Second with the Adoption of a New World Wide Global Currency the US Dollar will be worth about Five Cents [5¢] in about 3-Years : Then indeed {in-fact} the USA will be a Third World Country with nothing to Sell on the World Market except Food {Agricultural Goods} . Americans will be Starving while America's Agricultural Products are Sold around the World to Nations with the New World Wide Global Currency to Pay the Price for them. Grown in America -will-replace- Made in America Migration from America will become the Norm for those with enough New World Wide Global Currency to pay for the move to a better place to live. |
Friedman Predicts the Destruction of the Dollar
On May 15, 9:02*am, Gary Forbis wrote:
On May 15, 5:27*am, wrote: The late, great Milton Friedmanhttp://www.ideachannel.tv/ in his classic book prophetically revealed how 0baMa0's reckless monetary policies will cause hyperinflation and destroy our nation https://www.newsmaxstore.com/nm_mag/...MO_CODE=7FD4-1 Milton Freidman coined the phrase "there's no such thing as a free lunch." I live by that phrase. *Milton Friedman's other philosophies screwed up several economies. *People are worried about But, since it's mostly 19th Century media people who live by such jingo philosophy, rather than modern computer and technology people, that's also why GPS, Digital Terrain Mapping, Holographics, MP3, MPEG, XML, Fiber Optics, Cell Phones, Optical Computers, Distributed Processing, On-Line Publishing, USB, Thermo-Electric Cooling, and Self-Replicating Machines where built for the spoon benders who think there is no such thing as a free lunch hyperinflationhttp://catalog.usmint.gov/webapp/wcs/stores/servlet/CategoryDisplay?c... * *Production of United States Mint American Eagle Gold Proof * *and Uncirculated Coins has been temporarily suspended because * *of unprecedented demand for American Eagle Gold Bullion Coins. Bush's administration more than doubled the money base during his last year in office. *Production didn't double, infact the economy was contracting. *I wonder where the money is going that we don't already have huge inflation. *None the less, I don't blame Obama for this problem. *Government spending itself doesn't cause inflation. Inflation is too much money chasing too few goods. *If the money isn't chasing the goods there won't be inflation. US productive capacity has been sidelined. *It's being dismantled. There isn't enough money in the system to support our production. As long as we are in a global system where other nations do not value their labor our labor will be devalued. *There's no free lunch. We are becoming a third world nation. *The Reagan era is ending. Milton Friedman was wrong about just about everything except there is no free lunch. |
Friedman Predicts the Destruction of the Dollar
On May 15, 3:19*pm, "
wrote: On May 15, 9:02*am, Gary Forbis wrote: Milton Freidman coined the phrase "there's no such thing as a free lunch." I live by that phrase. Milton Friedman's other philosophies screwed up several economies. * * But, since it's mostly 19th Century media people who live by such jingo philosophy, rather than modern computer and technology * people, that's also why GPS, Digital Terrain Mapping, Holographics, *MP3, MPEG, XML, Fiber Optics, Cell Phones, * Optical Computers, Distributed Processing, On-Line Publishing, * USB, Thermo-Electric Cooling, and Self-Replicating Machines where built for the spoon benders who think there is no such thing as * a free lunch Even the people building these things know there's no such thing as a free lunch. They use the term enthropy to identify the concept. None the less we still have air conditioners and heat pumps. Some silly people might only have a focus inside their air conditioned room and think "Yup, there is too a free lunch. It's hot out there and cool in here and yet I can make it colder by turning this dial." |
Friedman Predicts the Destruction of the Dollar
On May 15, 9:02*am, "~ RHF" wrote:
On May 15, 8:06*am, wrote: On Fri, 15 May 2009 07:27:35 -0700 (PDT), wrote: - - correct, you cannot ignore the destruction of wages because you are - - competing with slave and sweatshop labor, on top of all of the - - environmental destruction. sooner or later the wage destruction will - - come home to roost and demand plunges. - Unless you do tariffs. Import Tariffs are the quickest way to a Global Depression. *. I have no problem with tariffs used to make trade fair. In order to make sure they are used in that way the tariffs need to be used to mitigate the reason for their application in the nation agaisnt which they are applied. |
Friedman Prophetically Predicted 0baMa0's Destruction of theDollar
On May 15, 7:27*am, wrote:
The late, great Milton Friedmanhttp://www.ideachannel.tv/ in his classic book prophetically revealed how 0baMa0's reckless monetary policies will cause hyperinflation and destroy our nationhttps://www.newsmaxstore.com/nm_mag/free_mischief.cfm?PROMO_CODE=7FD4-1 WOW! Reading the imbicilic responses in this thread only reinforces where our economy is headed. Fair Warning - 0baMa0's old "New Deal" will make this reccession run deeper and will last far longer than anyone had anticipated. Good luck people! Your children will certainly need far more than luck. They will be forced to learn the hardest way of all - through death and destruction while on the Socialist's Road to Serfdom. Remember this little boys and girls, from the experiences of a very old, old world man, Gold is King under the grip of Liberal Fascist Socialists everywhere. The Gold will get you into and out of any country you choose to reside. Better than any passport. Finally - teach your children well - Home School! Every Free Man for himself - see you on the "other side" - CIAO! |
Friedman Predicts the Destruction of the Dollar
wrote in message
... ... These new emerging findings are blowing common economic thought out of the water. People are not rational and do not pursue their best interests. They can be and are manipulated against their own economic interests. Case in point, poor people who vote Republican. Jim |
Friedman Predicts the Destruction of the Dollar
On May 15, 5:47*pm, "Clave"
wrote: wrote in message ... ... These new emerging findings are blowing common economic thought out of the water. People are not rational and do not pursue their best interests. They can be and are manipulated against their own economic interests. Case in point, poor people who vote Republican. I don't consider that a free lunch. The poor pay heavily for their acts in voting Republican. |
Friedman Predicts the Destruction of the Dollar
"Gary Forbis" wrote in message
... On May 15, 5:47 pm, "Clave" wrote: wrote in message ... ... These new emerging findings are blowing common economic thought out of the water. People are not rational and do not pursue their best interests. They can be and are manipulated against their own economic interests. Case in point, poor people who vote Republican. I don't consider that a free lunch. The poor pay heavily for their acts in voting Republican. ================================================== ================ His point was that it's the people paying attention to and manipulating the predictably irrational who are in line for the free lunch. Jim |
Friedman Predicts the Destruction of the Dollar
|
Friedman Predicts the Destruction of the Dollar
On May 15, 7:47*pm, "Clave"
wrote: wrote in message ... ... These new emerging findings are blowing common economic thought out of the water. People are not rational and do not pursue their best interests. They can be and are manipulated against their own economic interests. Case in point, poor people who vote Republican. Jim correct. |
Friedman Predicts the Destruction of the Dollar
Clave wrote:
"Gary Forbis" wrote in message ... On May 15, 5:47 pm, "Clave" wrote: wrote in message ... ... These new emerging findings are blowing common economic thought out of the water. People are not rational and do not pursue their best interests. They can be and are manipulated against their own economic interests. Case in point, poor people who vote Republican. I don't consider that a free lunch. The poor pay heavily for their acts in voting Republican. ================================================== ================ Maybe they see long term, rather than your short term view that got us here. Everyone gets a house, who cares who pays.... right. His point was that it's the people paying attention to and manipulating the predictably irrational who are in line for the free lunch. Jim |
Friedman Predicts the Destruction of the Dollar
Clave wrote:
wrote in message ... ... These new emerging findings are blowing common economic thought out of the water. People are not rational and do not pursue their best interests. They can be and are manipulated against their own economic interests. Case in point, poor people who vote Republican. Jim .....and Liberals that give house mortgages away with no chance they'll be paid. |
Friedman Predicts the Destruction of the Dollar
"Beam Me Up Scotty" wrote in message .. . Clave wrote: "Gary Forbis" wrote in message ... On May 15, 5:47 pm, "Clave" wrote: wrote in message ... ... These new emerging findings are blowing common economic thought out of the water. People are not rational and do not pursue their best interests. They can be and are manipulated against their own economic interests. Case in point, poor people who vote Republican. I don't consider that a free lunch. The poor pay heavily for their acts in voting Republican. ================================================== ================ Maybe they see long term, rather than your short term view that got us here. Everyone gets a house, who cares who pays.... right. What in the freaking hell are you bibbling about? Jim |
Friedman Predicts the Destruction of the Dollar
"Beam Me Up Scotty" wrote in message .. . Clave wrote: wrote in message ... ... These new emerging findings are blowing common economic thought out of the water. People are not rational and do not pursue their best interests. They can be and are manipulated against their own economic interests. Case in point, poor people who vote Republican. Jim ....and Liberals that give house mortgages away with no chance they'll be paid. Wow. Your clueshield is stronger than I've seen in a long time. MilSpec, perhaps? Jim |
Friedman Predicts the Destruction of the Dollar
In article ,
"Clave" wrote: "Gary Forbis" wrote in message ... On May 15, 5:47 pm, "Clave" wrote: wrote in message ... ... These new emerging findings are blowing common economic thought out of the water. People are not rational and do not pursue their best interests. They can be and are manipulated against their own economic interests. Case in point, poor people who vote Republican. I don't consider that a free lunch. The poor pay heavily for their acts in voting Republican. ================================================== ================ His point was that it's the people paying attention to and manipulating the predictably irrational who are in line for the free lunch. That's the Democrap's you clowns with the promise of the free lunch through the redistribution of wealth. The Obominator is your man on the job. -- Telamon Ventura, California |
Friedman Predicts the Destruction of the Dollar
On May 15, 9:12*pm, Telamon
wrote: In article , *"Clave" wrote: "Gary Forbis" wrote in message ... On May 15, 5:47 pm, "Clave" wrote: wrote in message .. . ... These new emerging findings are blowing common economic thought out of the water. People are not rational and do not pursue their best interests. They can be and are manipulated against their own economic interests. Case in point, poor people who vote Republican. I don't consider that a free lunch. *The poor pay heavily for their acts in voting Republican. ================================================== ================ His point was that it's the people paying attention to and manipulating the predictably irrational who are in line for the free lunch. That's the Democrap's you clowns with the promise of the free lunch through the redistribution of wealth. The Obominator is your man on the job. Recovery of stollen goods is also "redistribution of wealth". None the less his point wasn't about promises but actions. There's no such thing as a free lunch. Just because you didn't pay for it doesn't mean it was free. Milton's use of the adage was different than mine. Milton's use was more along the lines that if one is offered something for free one should check the fine print. Mine is to observe shifted costs. I don't support the notion of a right to healthcare but I think preventitive healthcare is cheaper than emergency care that could have been prevented and if we are going to pay for emergency care that could have been prevented then we should reduce our costs by preventing the problem in the first place. |
Friedman Predicts the Destruction of the Dollar
"Gary Forbis" wrote in message ... On May 15, 9:12 pm, Telamon wrote: In article , "Clave" wrote: "Gary Forbis" wrote in message ... On May 15, 5:47 pm, "Clave" wrote: wrote in message .. . ... These new emerging findings are blowing common economic thought out of the water. People are not rational and do not pursue their best interests. They can be and are manipulated against their own economic interests. Case in point, poor people who vote Republican. I don't consider that a free lunch. The poor pay heavily for their acts in voting Republican. ================================================== ================ His point was that it's the people paying attention to and manipulating the predictably irrational who are in line for the free lunch. That's the Democrap's you clowns with the promise of the free lunch through the redistribution of wealth. The Obominator is your man on the job. Recovery of stollen goods is also "redistribution of wealth". None the less his point wasn't about promises but actions. There's no such thing as a free lunch. Just because you didn't pay for it doesn't mean it was free. Milton's use of the adage was different than mine. Milton's use was more along the lines that if one is offered something for free one should check the fine print. Mine is to observe shifted costs. ================================================== ================== Right -- words mean what you want them to mean, no more and no less. I don't know which of the two of you is more incoherent. Jim |
Friedman Predicts the Destruction of the Dollar
Beam Me Up Scotty wrote:
Clave wrote: wrote in message ... ... These new emerging findings are blowing common economic thought out of the water. People are not rational and do not pursue their best interests. They can be and are manipulated against their own economic interests. Case in point, poor people who vote Republican. Jim ....and Liberals that give house mortgages away with no chance they'll be paid. ??? WTF??? That old guy from Countrywide is a liberal? How do you know? |
Friedman Predicts the Destruction of the Dollar
Telamon wrote:
That's the Democrap's you clowns with the promise of the free lunch through the redistribution of wealth. The Obominator is your man on the job. Then why do the red states get more tax money per capita than the blue states? Defense spending is redistribution too. |
Liberal Fascist Canibalism
On May 15, 8:41*pm, dave wrote:
Eat the rich; they're well marbled. Eat your parents - 0baMa0 Tse Dung would be proud! Liberal Fascist Socialism is, afterall, Canibalism - Bon Appetit! |
Replace Free Choice with 0baMa0 Tse Dung Ideology
On May 15, 7:36*pm, wrote:
On Fri, 15 May 2009 16:30:07 -0700 (PDT), Gary Forbis wrote: On May 15, 3:19*pm, " wrote: On May 15, 9:02*am, Gary Forbis wrote: Milton Freidman coined the phrase "there's no such thing as a free lunch." *I live by that phrase. *Milton Friedman's other philosophies screwed up several economies. * That assumption has long ago been proved false by social economists. The assumption that people are rational and act in their best interests is demonstrably false. Read for example: "Predictably Irrational"http://www.amazon.com/Predictably-Irrational-Hidden-Forces-Decisions/... Read also: Sway: The Irresistible Pull of Irrational Behaviorhttp://www.amazon.com/Sway-Irresistible-Pull-Irrational-Behavior/dp/0... People can be expected to act irrationally - and with knowledge you can predict when and how and take advantage of it - producing the "free lunch". These new emerging findings are blowing common economic thought out of the water. People are not rational and do not pursue their best interests. They can be and are manipulated against their own economic interests. And so, to replace the free will and irrational exhuberance of free choice, rational or irrational, you expect to replace it with what? 0baMa0 Tse Dung - bwaHAHAHAHAHAHAHAHA...!!! Road to Serfdom = LIBERAL FASCISM SOCIALISM COMMUNISM - make everyone Serfs of the State. Welcome to North Korea! |
0baMa0 Tse Dung Commences Destruction of the Dollar
On May 15, 8:02*am, Gary Forbis wrote:
On May 15, 5:27*am, wrote: The late, great Milton Friedmanhttp://www.ideachannel.tv/ in his classic book prophetically revealed how 0baMa0's reckless monetary policies will cause hyperinflation and destroy our nation https://www.newsmaxstore.com/nm_mag/...MO_CODE=7FD4-1 Milton Freidman coined the phrase "there's no such thing as a free lunch." I live by that phrase. *Milton Friedman's other philosophies screwed up several economies. *People are worried about hyperinflationhttp://catalog.usmint.gov/webapp/wcs/stores/servlet/CategoryDisplay?c... * *Production of United States Mint American Eagle Gold Proof * *and Uncirculated Coins has been temporarily suspended because * *of unprecedented demand for American Eagle Gold Bullion Coins. Bush's administration more than doubled the money base during his last year in office. *Production didn't double, infact the economy was contracting. *I wonder where the money is going that we don't already have huge inflation. *None the less, I don't blame Obama for this problem. *Government spending itself doesn't cause inflation. Inflation is too much money chasing too few goods. *If the money isn't chasing the goods there won't be inflation. US productive capacity has been sidelined. *It's being dismantled. There isn't enough money in the system to support our production. As long as we are in a global system where other nations do not value their labor our labor will be devalued. *There's no free lunch. We are becoming a third world nation. *The Reagan era is ending. Milton Friedman was wrong about just about everything except there is no free lunch. How can that be when the U.S. economy is far, far and away larger than ANY third world country by far far far. 0baMa0 Tse Dung has expanded government spending faster in the first six months of his diktatorship than President Bush did during his 8 (eight) year presidency. Irrational 0baMa0 exhuberance has erased many brain cells. The U.S. economy is till today, right now, this moment, larger than the E.U. Larger than China. Larger than India. AND almost larger than China and India COMBINED! That's over 3,000,000,000 people competing with 300,000,000 people. That is a factor of 10:1! AND to top it all off, the U.S. blows China and India, any third world nation, out of the water in energy efficiency. China produces more green house gases per GDP than the U.S. by far, BY FAR. Don't tell the Liberal Fascisti Socialist Greenies that their anti- Capitalist propaganda lies are a well known facade. They are anti-American, anti-Freedom and Pro Neo-Commie. There is not one successful Socialist/Communist economy in the history of the world. The Neo-Commies can never erase this fact: http://www.globalmuseumoncommunism.org/ There is a very good reason why people risk, and have lost their lives in attempts to escape Liberal Fascist/Socialist/Communist regimes the world over. Nazi Germany,USSR, Cuba, China, North Korea, Burma, Vietnam, Laos, Cambodia,... Free Markets = Free Choice = FREEDOM! Neo-Commies can never compete with that! |
Friedman Predicts the Destruction of the Dollar
On May 15, 8:06*am, dave wrote:
wrote: The late, great Milton Friedmanhttp://www.ideachannel.tv/ in his classic book prophetically revealed how 0baMa0's reckless monetary policies will cause hyperinflation and destroy our nation https://www.newsmaxstore.com/nm_mag/...MO_CODE=7FD4-1 Milton Friedman? *Give me a break. *The man should be in Hell with Chairman Mao. Hell will seem like paradise where you are headed.. |
Friedman Predicts the Destruction of the Dollar
On May 16, 7:30*am, dave wrote:
Telamon wrote: That's the Democrap's you clowns with the promise of the free lunch through the redistribution of wealth. The Obominator is your man on the job. Then why do the red states get more tax money per capita than the blue states? *Defense spending is redistribution too. Because employees in Blue States pay more State and local taxes thus paying less Federal taxes. Therefor, Blue States receive less Fedaral Tax money. Ask your boss, Mrs. Huffington Post, to spin that one for your response. |
0baMa0 Tse Dung Commences Destruction of the Dollar
CORRECTION:
0baMa0 Tse Dung has expanded government spending faster in the first 8 weeks of his diktatorship than President Bush did during his 8 (eight) year presidency. |
Liberal Fascist Canibalism
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Friedman Predicts the Destruction of the Dollar
wrote:
On May 15, 8:06 am, dave wrote: wrote: The late, great Milton Friedmanhttp://www.ideachannel.tv/ in his classic book prophetically revealed how 0baMa0's reckless monetary policies will cause hyperinflation and destroy our nation https://www.newsmaxstore.com/nm_mag/...MO_CODE=7FD4-1 Milton Friedman? Give me a break. The man should be in Hell with Chairman Mao. Hell will seem like paradise where you are headed.. I'm already in paradise, thank-you very much. |
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