Nouriel Roubini visits Canada to talk depression
This TVO interview is from April, 2008. (click below to see the rest of this video) The Human Cost of War
How America trains people to kill, and the result. America is Bankrupt
America’s top accountant, Comptroller General Dave Walker explains. From an Austrian economics perspective
I came across this interesting post on reddit, enjoy: We have a farmer, a carpenter, a tailor, and a lumberjack. Each year, each person produces 40 units of production. The money supply is fixed at $100. Each person has $25 stuffed under the mattress. Twice a year, one worker will pay $5 to another worker for 5 units of the other workers production. In other words, each person has a yearly demand for 10 unites of clothes, food, furniture, and lumber at current prices. Each person owns a house, which , if sold on the open market, would command a price of $10. Would you trust a dictator with your wallet?
The Federal Reserve is printing dollars to stimulate consumption, but since most products Americans consume are produced abroad their dollars flood the world and foreign governments print their domestic currencies to take them off the market and stabilize the exchange rates. That is literally the inflation that is ravaging emerging markets, meanwhile foreign leaders persist in their vain attempt to maintain the status quo. The only possible reason they would follow such a stupid policy is a false belief that American demand is driving global economic growth. Muslims in America
Interesting, but they show many more angry people then happy people, even though it was only 13 to 6. And they didn’t focus very much on the 22 people who did nothing. It seems like they were trying to make a point. |
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