Sunday, February 01, 2009

KEYNESIAN ECONOMICS TAKING US DOWN A DARK ROAD

http://prudentbear.com/index.php/commentary/creditbubblebulletin?art_id=10184 Scroll down to his ending summary INFLATIONISM THE BANE OF CAPITALISM. Doug Noland is one of the smartest writers on this subject and helps you to understand what is wrong with current approach. It isn't even the hair of the dog that bit you, current thinking is so wrong it is not funny. Here we go again, it is the job of the FED and GOV to reflate asset markets rather than do the things that help build HEALTHY STABLE ECONOMIES.

http://www.pimco.com/TopNav/Home/Default.htm The featured wrong way gurus Noland refers to, read their newest wrong way rants here, self serving no doubt too. When will these idiots be seen for what they are?

THE OTHER GUYS 'AUSTRIAN ECONOMICS" Here is a website for thier views.
http://mises.org/
Ludwig von Mises

Here's what THEY have done to Money Base just since SEPT of 2008!!
http://research.stlouisfed.org/publications/usfd/page3.pdf and to what effect?

These wrong way bungleheads, old ADM and now the NEW HOPE ADM will never get it right, will never seek Austrian advice, will never tell the truth, will never pay the bill....it's always PASS THE BUCK TO THE NEXT GUY ECONOMICS WE DONT WANT TO FEEL THE PAIN WE INFLICTED ON OURSELVES.

Is it ANY wonder the DOW sits here limp wristed at 8000 ? DOUG NOLAND'S will shed a light and it is up to you to spread the word and decide what to do about it.

I have warned for years about our current plight, this is what I do to try and help people avoid disaster, I am not as much so the profiteer.

If you dont OWN an opinion on your OWN financial situation one will be handed to you. It is worth your effort, and I continue to keep my mind open and increase my own knowledge and abilities through research and technical analysis. It is a matter of survival.

Duratek

1 comment:

Anonymous said...

that was a good read on the "bane of capitalism" thanks, i will read the other links soon. SSK