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  • Re: Money Supply Question -- Sound of One Hand Clapping

    I would also like to add a question of my own to this very thought: If your currency is fiat currency, and there is a loss of value, but not a loss of resources, is there actually still a loss? Hope I'm not breaking the rules.
    Posted to Economics Questions (Forum) by Justin on Wed, Oct 14 2009
  • Re: When has the Fed "printed money out of thin air" to finance something?

    I think part of the transparency problem (or lack there of), is that no such list is in circulation. I am sure the Federal Reserve has that information for themselves, but until Congressman Paul's Federal Reserve Transparency Act is signed in, no one can get it. One way the Fed lowered interest rates on loans is by printing more money. You can determine
    Posted to Economics Questions (Forum) by Justin on Wed, Oct 14 2009
  • Re: Human Action Comics by Lilburne

    I find your Human Action Comics very funny and enlightening. I think that if someone has a drive to learn about economic theory, your stuff is spot on. I do not however think this is in the scope that would be teachable to high school students and the like. It can seem complicated. Though, I do fear that it is as simplified as it will get. I loved it
    Posted to Economics Questions (Forum) by Justin on Wed, Oct 14 2009
  • Re: The Myth of Scandinavian Socialism

    Ok, I am new to the site, so forgive me if I say or do something wrong here. It is my understanding, that these Quasi-socialist states are able to prosper because at least a portion of their economy is in fact capitalist in nature. Just like America, since say 1913, it is because of those capitalist areas of the economy that we grow despite the enhanced
    Posted to Economics Questions (Forum) by Justin on Wed, Oct 14 2009
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