I am not educated in economics at all, but so are most gold
bugs. I am educated in science, though. All I can say is that
self-educated folks in my field, which is rather sophisticated,
are complete nuts. They try to reinvent the wheel from the
19-th century and typically come up with a square shape. -g-
So, perhaps, my conclusion is that economics is best left
to the specialists who know it well. It is a scientific field,
and I am sure much has been learned in the past 100 years,
and a few Nobel Prizes given. To assume that "they" are not
aware of the problems we are facing is false.
What I am trying to say is that while a lot of what the
bugs are saying is true, a self-educated nut like
Paul (he is probably an excellent physician), who also thinks
he knows how things should be done in economics, would most
likely be a disaster for the economy of this country, since he
would not listen to what his more knowledgeable colleagues would
say. Most gold bugs are nuts. They have been storing canned
food for 30 years now <g>
You say, what about AG, who ruined this country? Well, he
was an Austrian economist by education and a self-centered
criminal, cause he KNEW what he was doing and that it will
ruin this country in the long run!
Just a long rant, and IMHO. Americans protest the huge
stimulus, but I guess that's what must be done at this point
to soften the blow. And, I don't know if I am right or not,
but it wasn't just the banking cartel that started the
criminal Federal Reserve in 1913 - Central banks appeared
in every industrialized country between 1880 and 1920.
Perhaps, they are here to stay <G> |
