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Here's a post I saw on Yahoo! Answers the other day I haven't considered it yet, but what does happen next? This post jumps out: "If Ron Paul holds the view that abolishing a central bank is a good idea, then he is even more naive than I gave him credit for. Money has the property of collecting...
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Can he? Supposing Dr. Paul gets elected president how would he be able to end the FED? There are tons of people who have an incentive to keep the FED around that he'll have to go against. It's just him and a handful of others in DC who want to end it. Do you think FED ending is realistic?
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Is it more moral to use gold and silver as money than it is to use paper? I believe fiat currency is immoral and anti-philosophical. How would you make a moral case for gold as opposed to an efficiency case?
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People say that rising prices are not as bad now because banks are not lending all the money. That makes sense, but they are still lending a ton, at least according to this graph. http://research.stlouisfed.org/fred2/series/TOTLL?cid=100 I am confused about why prices are not higher if there is still...
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I honestly could not believe my eyes when I read his post. I started to challenge him, and the converstation grew even more ridiculous. I have no idea how to respond anymore. I know what I want to say, I just can't say it right. Here is the conversation, with me and a poster who I will called "Keynes...
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Blast from the past, Popular Science Magazine takes on the issue of hoarding with a little editorial story featuring two men debating the social good and intelligence of hoarders. As the story starts out, you think there will be a fair debate as one man clearly thinks hoarding is "unpatriotic"...
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After putting together the following e-mail and sending it off to the Institute contact e-mail, I noticed that there was an active Forum and thought I might have better luck posting my questions. Maybe some of you guys and gals can answer my questions. Thanks: To Whom It May Concern, My name is Luis...
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I am just curious if the Fed's Primary Dealers make a profit (which I assume they do). If we are certain that they do, are there numbers available that explain exactly how much they make from this exclusivity? Obviously the Primary Dealers would be the first to beneft from newly created money, and...
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NOTE: I'm not actually in favor of this, especially considering the blank check it would give legislators. As a pure thought experiment, since the Federal Reserve, in buying govt bonds/Tbills/etc basically treats that as an asset, would it be possible (not saying they would want to) for the Federal...
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[quote user="Smiling Dave"]Bernanke himself admitted on TV that it is money printing.[/quote] Well...he voted for it before he voted against it Jon Stewart actually did a good job documenting Bernanke bullshit: http://www.thedailyshow.com/watch/tue-december-7-2010/the-big-bank-theory