Formerly About Advanced Micro Devices Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: John Vosilla who wrote (872026)	7/17/2015 4:27:14 AM
From: RetiredNow	1 Recommendation Recommended By dave rose Read Replies (2) of 1574854

That's true. Both the GOP and Democrats are Keynesian. We're all Keynesians now, like it or not. But what did you expect? When the people are offered an easy palliative, it's too tempting to forsake it for the harder medicine that is required. Free markets have ups and downs. No one likes the downs. In a Keynesian world we get these false low volatility world followed by massive crises, with perpetual low growth and a destruction of the middle class and poor, while we pile on debt and systemic financial fragility, and somehow we've all been fooled into believing that is better. The Fed really is the epicenter of not just the US, but the global economic disease. The Chinese are playing the same games, but they've taken it to new heights of madness. At the end of the day, though, everyone follows the Fed, because they all believe the US is smarter. Turns out, we're the blind leading the blind and we only get away with it for longer, because we have the reserve currency. I wonder how long that will last.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next