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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: Real Man who wrote (43200)	11/11/2011 4:33:30 PM
From: carranza2	Read Replies (1) \| Respond to of 71454

No, the ivl econs are not dumb, the austrians didn't get a chance because of the language barrier, plus the keynesian message got distorted. Plus, the Austrian message is a tough one, hard to swallow. What we have now is statism, worst of all. Krugman, Delong, etc. Bernanke, think the ppress is the answer--that is easily disproven even if one is not an Austrian. But the Austrian thesis seems to fit reality best. The trick is to avoid boom/bust, not to pour gasoline on it, as we have done. Heinz is right,19th century liberal economics was the golden age, no pun, all downhill since 1913 and especially since 8/15/71 because, though we have indeed progressed, we are now going backwards. IMO.