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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: bart13 who wrote (99913)	11/25/2008 3:18:08 PM
From: Robin Plunder	Read Replies (1) \| Respond to of 110194

"They do nothing but show their own inability to take all the facts and history into account, as well as refuse to deal with actual logic and debate... and almost always prove it by spewing in logical fallacy mode via personal attacks, change of subject, etc. and virtually never either deal directly with the actual points or of course with the major shortcomings of whatever school or view to which they subscribe (or worship). C'est la vie..." more evasion.... Robin

To: bart13 who wrote (99913)	11/25/2008 7:18:19 PM
From: pogohere	Read Replies (1) \| Respond to of 110194

current monetary philosophies: neither its pipes nor its theories will hold water John W. Gardner once observed: "The society which scorns excellence in plumbing as a humble activity and tolerates shoddiness in philosophy because it is an exalted activity will have neither good plumbing nor good philosophy: neither its pipes nor its theories will hold water." Shoddy monetary philosophies caused the financial crisis. Now inadequate plumbing of the global financial system is exacerbating its risks. from: Global Financial System – Calling for the Plumber! * by Satyajit Das * November 24, 2008 prudentbear.com

To: bart13 who wrote (99913)	11/25/2008 7:29:46 PM
From: bruiser98	Read Replies (2) \| Respond to of 110194

This guy is pretty smart. In my humble perception, you and he agree about Keynes. Message 25144509

To: bart13 who wrote (99913)	11/26/2008 6:15:17 AM
From: studdog	2 Recommendations Read Replies (1) \| Respond to of 110194

Thanks to Pogohere and Bart for an intelligent discourse. I had an epiphany reading Zarlenga's ideas. He makes great sense and puts the world in a better perspective for me. Most economic schools seem to just have different approaches to how to keep the bankers in power and the self flagellatory Austrian school is a nonstarter in the real world. Maybe we need to get rid of the bankers. It's intriguing to go down the intellectual path of what might occur if the Chicago Plan were adopted. I'm thoroughly disgusted with our current monetary system. Although I have done well materially, most in the world have not. After reading Zarlenga I am beginning to intuit how the lopsided distribution of wealth and the rapine of the earth's natural systems are both tied to our fractional reserve banking system. I've got to think on this some more. Thanks