tag:blogger.com,1999:blog-2197051945822486684.post4311705942706199039..comments2024-03-29T18:17:34.956+11:00Comments on Thinking Out Aloud: They did it againLorenzohttp://www.blogger.com/profile/00305933404442191098noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-2197051945822486684.post-32853661965135527932012-10-02T12:39:38.820+10:002012-10-02T12:39:38.820+10:00Amusing :)Amusing :)Lorenzohttps://www.blogger.com/profile/00305933404442191098noreply@blogger.comtag:blogger.com,1999:blog-2197051945822486684.post-23351064568579907952012-09-25T04:22:25.441+10:002012-09-25T04:22:25.441+10:00This quotation, from an essay titled "Why I a...This quotation, from an essay titled "Why I am not a Libertarian", could perhaps be generalized to "hard money" fanatics in general:<br /><br />"The fixation that some extreme right-wingers have with precious metal is interesting. The stock of precious metal hasn't expanded nearly as fast as the total GNP in recent decades. So basically these people want to hold onto inert metal they themselves did not mine, and see its value skyrocket as other people work to advance technology and build infrastructure. All the while, presumably, complaining righteously about freeloaders who want money without working."Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2197051945822486684.post-56040460209631937512012-09-24T12:15:45.786+10:002012-09-24T12:15:45.786+10:00Hubristic overreach; not their business. The most...Hubristic overreach; not their business. The most central bankers are entitled to do is to alert politicians to the monetary consequences. That is what the RBA confines itself to,Lorenzohttps://www.blogger.com/profile/00305933404442191098noreply@blogger.comtag:blogger.com,1999:blog-2197051945822486684.post-57616722510132125762012-09-24T05:28:53.108+10:002012-09-24T05:28:53.108+10:00It´s always in their minds:
http://blogs.wsj.com/e...It´s always in their minds:<br />http://blogs.wsj.com/economics/2012/09/20/depression-lessons-should-fed-stand-down-to-compel-congressional-action/?mod=WSJBlogJoão Marcushttps://www.blogger.com/profile/13658264244033012660noreply@blogger.com