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New Movie called "The Four Horsemen"

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Aristophanes Posted: Thu, Oct 4 2012 5:35 PM

Anyone seen it?  It is not about religion; it is about banking and the world economy.

I just watched it and it is great. 

They trash the neoclassical school and explain the classical school accurately.  It features several intellectuals that you will recognize (Stiglitz, Chomsky, Keiser, and many more from all over the field).  They talk up the gold standard while chastizing credit expasion.  They promote a debt relief like in Germany in 1947 as a method to end the debt problems.

One criticism (there are a few) is that they don't talk about how savings based credit slows growth from unlimited credit expansion.  But they talk a lot about constant growth.

EDIT:  They also think that FDR "beat" the bankers on wall street.  I wish I had more copies of Rothbard's History of Money and Banking to hand out.  And they confuse the Glass-Steagall act when explaining it or, rather, they place a lot of emphasis on it.

WATCH IT!

"The Fed does not make predictions. It makes forecasts..." - Mustang19
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Anenome replied on Thu, Oct 4 2012 5:55 PM
 
 

Aristophanes:
I wish I had more copies of Rothbard's History of Money and Banking to hand out.

Here, email a copy to the entire world :P

History of Money and Banking in the United States

 

 
Autarchy: rule of the self by the self; the act of self ruling.
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Says on IMDB that it stars Noam Chomsky.

Is it libertarian socialist?

 

angry

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Oh wait, I just read the original post.

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