Silicon Investor (SI) -- The First Internet Community

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.

Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: GraceZ who wrote (25990)	12/15/2004 3:13:58 AM
From: Elroy Jetson	Read Replies (1) \| Respond to of 306849

Are you serious? The reason you write endless promotional claptrap about Monetarist Socialism is simply because it's currently more popular than Capitalism? I suspect the real reason you're so infatuated with Monetarist Socialism is simply because you've been a major beneficiary of government subsidized debt. The cheap debt, on lax terms, which fund your schemes has been provided to you through a heavy Monetarist tax imposed on the wealthy, the retired, and the prudent. You have scornfully tut-tutted the fact that the United States has a savings rate which is essentially zero. But you don't seem to realize that when you impose a heavy Monetarist tax on Savings you get less of it, a lot less. In time, I'm sure you will realize that your current devotion to Monetarist Socialism was nothing more than a youthful mistake. It's an understandable trap as people like Milton Friedman are skilled and practiced liars. Charlatans like Friedman tells politicians exactly what they want to hear. It should be no surprise that he is the toast of irresponsible Fed members like Ben Bernanke and debt obsessed politicians? .