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Strategies & Market Trends : ahhaha's ahs -- Ignore unavailable to you. Want to Upgrade?


To: The Wharf who wrote (21872)9/10/2012 12:48:57 AM
From: ahhahaRespond to of 24758
 
Fabulous, one of the best things I have ever seen posted at SI on the issue at hand.

Another cheap talker. Most SI denizens know nothing so whenever some pseudo comes along and seems to say things they want to hear, they laud them. It's like patting oneself on the back for feeling good about oneself.

You are to be commended for noticing it and making it available.

Clown, you didn't read it, and if you had, you wouldn't understand it. Proof:

A wonderful resolution of the Keynes vs. Hayek debate, IMO.

What? There was never a debate between Hayek and Keynes. For the most part, Keynes agreed with Hayek and Hayek admired Keynes. Please explain what the two sides were that needed to be resolved. That wasn't what that paper addressed.

Yes, in the immediate now of a financial crisis, Keynesian stimulus is probably necessary,

There it is. This guy Carranza is a closet lib who believes that government is needed to resolve economic problems when it is government that creates and sustains them, but never resolves them. Isn't that why Carranza pretends to like the paper?

but to continue with it after the crisis has passed is deadly. The Austrians should rule the post-crisis period, the Keynesians should be put on the shelf after the crisis passes.

But he doesn't really believe that. He believes that first, government should do what Carranza thinks is right, and then government should stop that and do what Carranza wants in some other direction. This is called dictatorship. It shows that Carranza neither believes in the Austrian school, nor in free market capitalism. He believes like all libs, that top down authoritarian control is the only way, but he's so stupid that he doesn't even know what he believes. Stupid and a liar.

Of course, the decisions are political,

The decisions are political? Does he mean that people get what they vote for? Actually, what decisions is he talking about?

and politicians don't think much of Austrians because, well, their job is to take away the punch bowl after the crisis has passed.

This is further proof that Carranza doesn't have a clue about what either Hayek or Keynes espoused. In fact, it isn't a political decision "to take the punch bowl away". Further, taking away the punch bowl is an expression for an economic configuration that hasn't existed for 40 years, and in any event, the crisis begins when the punch bowl is taken away.

Brilliant!

Retarded. Must be another grade skipper.