To: frankw1900 who wrote (21874 ) 9/10/2012 10:24:35 AM From: ahhaha Read Replies (1) | Respond to of 24758 Those are great posts of mine. They're more insightful than you'll ever get from anyone else. Really proud of them.Unless I'm really off track White is calling official policy rates (which are near zero) "easy money" and he's describing some of the consequences of it. What have I said over the last 4 years? FED did not lower rates. They chased them down. Rates fell because lenders withdrew from the market due to perception of risk. Therefore, FED isn't anything. That's why Temporary, their control freak arm, remains closed. What have I said? The definition of money doesn't exist currently. Therefore, there can be no "easy money". Also, on the Permanent front, FED has tried but they've discovered they can't push on a string. Monetary policy is USELESS. So the author, another closet Keynesian, has NO clue. By Keynesian, I mean the jerk asses who took Keynes' ideas and warped them into "eternal prosperity" perpetual marginally easy money. I din't expect quite the response that posting the article caused and i'm concerned carranza 2 thinks it's great because in my view that's kind of kiss of death stuff. The guy is an illiterate. His cheerleader is worse."White can talk all the right talk, but it's hollow. Remember Clinton and Gore? How in '92 at the convention to review NAFTA, they talked the right talk, supply side economics, better than Laffer! What BS did they walk? Socialism that's supported by importing the Mexican." Are you saying he's got a poor analysis Yep. or that he doesn't believe what he's saying? Assume a falsity and you can conclude anything, e.g. that a contradiction in terms is true. He believes what hesays. So does Berdoo.Or that it's hollow because he works in the wrong environment? That's true too. Either he needs to get out of the biz of bs, or he needs to understand how the machinery works. He will never do the latter. Too deeply prejudiced by the pseudos who surround him and the pay matrix that supports him. No one gives a shit about truth in this era. That's why I've claimed for the last 15 years that we live in era of little men whose history all will be forgotten.Clinton was an executive. Clinton was a manipulator. a big spending pol who would have had the budget deficit twice GDP if he had 1/10 of this budgets passed. Executive? No 'crat is that, if you mean someone who can run a company for a profit.White is an advisor and researcher. He's a fraud because all that verbiage which talks the talk, doesn't and can't walk the walk. Presumably his job is to speak truth as he sees it to Berdoo. Two of a kind. The author won't go down in flames since he's invisible, but Berdoo, will be going out on a rail sooner or later. Tarred, if later. The question remains. Why is sterilization so dangerous? Get rid of White, read what I've penned here recently, and figure it out. Clue: Sterilization is a "get something for nothing" scheme which is now being expanded at an alarming rate world wide!