Some one has to start it, Americas default.

Learn and understand a bit - http://www.caseyresearch.com/cwc/chris-martenson-scientist-financialeconomic-analyst-writer (read, listen & watch)

For an interesting perspective, - - "Neil Reynolds: Paper currency has too much bull, not enough bullion" http://www.gata.org/node/10612

http://www.caseyresearch.com/gsd/edition/central-banks-are-losing-fight-against-gold-john-hathaway - The "Critical Reads" at least if gold is of no interest... and then the "funnies" - Market Manipulation is so passe now that it is but a mere cartoon... Such is life amongst the blind...

It seems than the nits delight in picking my commentary so lots of links to good researchers and thinkers (and a little ******** to keep the entertainment aspect alive)...

Money supply, interest rate adjustments and whatever else the "reserve banksters" can come up with to keep the Keynesian philosophy alive and their profiteering/fraud/deception/manipulative games active by helping the politicians to play their game of "kicking the can down the road" and deferring any serious attempt to correct/rectify the Global Economic Crisis, that all their manipulations backfired, and created an even BIGGER crisis looming and about to fall on us all.....

It is a closed loop, and adding debt to pay off debt, - - - - is FREAKING STUPID....

 

http://www.dailyreckoning.com.au/the-golden-rulers/2011/10/26/ "The Golden Rulers" and the stupidity of the Liberals/little Johnny Howard, had most of Australia's sold at the bottom of the market... Who was a silly boy?

http://www.dailyreckoning.com.au/pea-shooters-elephants-and-government-solutions/2011/10/26/ "Pea Shooters, Elephants and Government “Solutions”"

http://www.caseyresearch.com/cdd/opportunity-repeat-good-mistake "An Opportunity to Repeat a Good Mistake?" - - Would you please say that again, again, again......

http://www.gata.org/node/10613 "Chris Powell: Nine blows against the gold price suppression scheme"

All grist to the mill and if you do not read and try to understand - well more is the pity - your bad... I am pointing out the more useful and least insulting to the intelligence level inherent in perpetual deniers...

If you are not one of those and have a moderately open mind towards others carefully thought out views - then these essays should be of interest and add to the breadth of your understanding... Enjoy...

 

Jeez.... no one gets my sense of humor......

I thought with the:



thrown in it would be clear that I thought that so much economic calculus is trumped by the big bald cat in the corner..

I do believe though that the central banks can implement policies which effectively serve to tweak inflation to desired values during normal times.

Quick- someone look it up.. I should not be too difficult to assess policy and its effectiveness over the last few decades.

 

A offer towards the basic vocabulary:

"Why Is the Money Supply Important?"

"Because money is used in virtually all economic transactions, it has a powerful effect on economic activity. An increase in the supply of money works both through lowering interest rates, which spurs investment, and through putting more money in the hands of consumers, making them feel wealthier, and thus stimulating spending. Business firms respond to increased sales by ordering more raw materials and increasing production. The spread of business activity increases the demand for labor and raises the demand for capital goods. In a buoyant economy, stock market prices rise and firms issue equity and debt. If the money supply continues to expand, prices begin to rise, especially if output growth reaches capacity limits. As the public begins to expect inflation, lenders insist on higher interest rates to offset an expected decline in purchasing power over the life of their loans."

"Opposite effects occur when the supply of money falls or when its rate of growth declines. Economic activity declines and either disinflation (reduced inflation) or deflation (falling prices) results."
http://www.econlib.org/library/Enc/MoneySupply.html

And a bit of a summary on rate adjustments:

http://www.frbsf.org/publications/federalreserve/monetary/tools.html

http://www.frbsf.org/publications/federalreserve/monetary/affect.html


mas- if you really think there is going to be a stampede towards doom, why not set up a shop selling running shoes?

Ya know make a buck.. hire a few helpers and do your part towards the bright new future...

 

the supply is basically uncontrollable in a tiered reserve system, or at least in this one it is. Unless of course there is any policy governing governing what the total number of banks allowed in the system is or the total amount of loans allowed; which I'm thinking there isn't and never will be. Basically any sucker can get a loan, there's no restrictions on how many suckers they loan to that I"m aware of. So baring goofy humor ( and yup, I looked at, tilted my head sorta like the new dog might have, and decided the better part of valor was to let someone else figure it out. ) and since the feds essentially out of bullets our economy is at the mercy of the corporate oligarchy. They decide the wages, they dictate policy, they run the show.

Anyway it finally happened, a protester in Oakland, I think it was, has taken a tear gas canister to the head and is in critical condition. No comment from the police. What a surprise.

B

 

Agreed --tweek yes, control--- no. And used as a throttle or brake pedal it is getting tire some as Governments contiue to use this . It is not the most suitable method and increases the likleyhood of this boom bust periods that we experiencing let alone destroying stabality that is of the most parramount importance to build a business for a small starter.

To control inflation money should be made more difficult to aquire NOT just more expensive. If its more expensive it goes to those who can afford it and not to the small investor who needs it.

Inflation also comes from the ability of the man in the street to spend not necessarily Toyota borrowing at cheap rates to re machine its production line.

Interst rates do not get to the right places.

 

This is worth a read:

http://www.econlib.org/library/Enc/BusinessCycles.html

 

I couldnt read it --yawn--its what we already know cleverly and rhetoricaly stretched out to the absolue max.

If these writer peope are so good then why Is America in a bad way --they talk like they Know every thing and should be able to sort out this mess before tea. they talk as though they could but no one can' seemingly,-- so as I see it there opinion is no better than mine.

Untill this politics game starts to use previous experience as a qulification we will continue to suffer fools as Indeed we do.

The reason why Euope will leave Us in the dust is that Europe is trying to do something --right now --this very minute . What is US doing?

US has for years been going further and further into debt, most Uropean countries are not in debt indeed even able to help out others. Greece is the fly in the ointment.

Us has already had its chance, its consumerism does not match its land mas and is an optical illusion as to its size. But even then it has not managed to make any futher improvements to its debt for years. US management seams to be apathetic or perhaps incapacitated by its own size.

Europe does not have this restriction.

Soros -- The Euro will not fail becaue no one wants it to including the Chinese , Japanes and the Indians.

He has experience and previous performance, therfore his words mean something. He has a little more tha an Economic degree. He has money.

 

http://www.moneymorning.com.au/2011...kston-will-house-prices-fall-in-st-kilda.html - "If a Butterfly Flaps its Wings in Frankston Will House Prices Fall in St Kilda?" - - by Kris Sayce on 27 October 2011

“Weak sentiment will see house prices continue to drift sideways to lower over the coming 6-12 months.” – ANZ’s Australian Housing Snapshot.

It’s time to move on in the housing debate. We’ve spent the last three years trying to convince you and other Australians that house prices can and will fall.

Now they’re falling… and they’ll keep falling. Even the banks say so now.

So there’s no point in anyone – including your editor – banging on any more about whether house prices can fall… because they can. Case closed [raspberry to the spruikers].

But what is worth looking at is one of the reasons why house prices fall. Don’t worry, it’s got nothing to do with fancy economic theories. We won’t confuse you with charts claiming to show something only a PhD in astrophysics could understand.

No. What we’ll explain is something most economists – and mainstream commentators – don’t understand. And that is, how human behaviour affects prices.

----------ooo----------​

http://www.abc.net.au/news/2011-10-27/eurozone-deal/3603896 - "EU leaders reach deal on bailout fund" - by kicking the can further down the road...

http://www.abc.net.au/news/2011-10-27/liberal-mp-could-back-mining-tax/3603712 - word is that Abbot (not the half of the famous commedianms but the half *** who is opposition leader) has been honoured with a doctorate, "Dr No", but there will be NO remake of the 007 movie.... He says NO to everything the elected government tries to do..... but he may fail this time...

http://www.abc.net.au/news/2011-10-27/glitch-halts-asx/3603446 - "Share trading resumes after technical glitch"

 

Hi bntii,
That affirms, (contra to the duties and functions of the FED), that the US FED and treasury and politicians are not competent, - or, - capable of organising a stable environment that allows businesses to conduct business... That data/essay is on USA not the world - but as you know USA has the currency in international exchange - or - THE reserve currency... and disregards any thought of upholding its prime responsibilities for retaining that position of privilege, and global control, by behaving in a manner that retains stable and consistent exchange rates... - - Oh well, - - those are the breaks...

Are these people the same Keynesian academics that failed to see the beginnings of the GEC? - Oops - - - do they need glasses? - - - or - - - to remove their heads from inversion in the sands of denial?

It is good to see that you are reading but look to sources that historically saw this Global economic crisis coming - - - (Casey Research, - Bix Weir, - GATA, - http://dailyreckoning.com/ - http://mises.org/ - http://en.wikipedia.org/wiki/Ludwig_von_Mises - all in USA) there are heaps of other 'bloggers' who also saw the current fiscal disaster approaching... These are the people you should be reading... Ignore all others for if they did not see it coming they obviously do not have a clue...

 

In India they take young children and break thier limbs and send them begging , a life of begging and having thier earnings taken from them by the big man is all they will know utill they die.

Sound familiar!!!

Somtimes its done a little better,-- Government give a little back with health support and keep you well enough to work. Nothing extravagant of course just stuff that helps you to work.

Pensions cleverly designed to pay 2 weeks before you die. Dental care --sure we dont want yopu off work with tooth ache --

A car sure just a small one providing its used to get you to work.

Education sure --it will help you to get a job.

Jobs to pay the big man his bit.

 

http://www.abc.net.au/news/thedrum/ - In Australia this is useful and mostly topical - but not really indepth investigative journalism as time constraints and 24/7 media demands seem to inhibit such luxuries... http://www.crikey.com.au/ (which I do not use), is a popular blog, as are the following - http://www.dailyreckoning.com.au/ and http://www.moneymorning.com.au/

 

This might be a good read:

http://press.princeton.edu/titles/8654.html

My eye is elsewhere so it exceeds my interest just now though looks to be on target to our current musings.

 

Hi bntii,
True, - some are more deceitful and manipulating than others and some are just a waste of breath?

Those 4 links above this and below your post should be quite useful on Australia (the last 2 are from USA)...

Do not neglect to check in on http://rt.com/programs/keiser-report/ and http://english.aljazeera.net/ every so often as their global reporting is very good, - sometimes cheeky...

There is one word in your recent post that turned me off "An Introduction to the New "Keynesian" Framework - A totally failed economic thinking.... Try to understand this http://mises.org/

 

I post my opinions and my thoughts . I would like to hear and read your thoughts and opinions . If you dont have any please dont search the internet for something you think I might want to read.

The european union although a long way from America and might not just raise your interest or even your TV screens is meeting now this minute trying to hammer out a result and a plan , they will not close the meeting till they do --What Is US doing today.

My Opinion from my lifes experience is that USA fails in its management,--and I use the word management loosley with tounge in cheek.

President say lets do this, second in comand says-- No I wont becaue I wanted to be president so im not doing what you say unless its my idea. Yes the Government may fail beacuse of it but I dont care then I can have another go at being president.

That kind of stuff cant happen In EU

Waving a bigger and bigger flag wont help.