Search found 6732 matches

by technovelist
Thu Sep 19, 2013 4:31 pm
Forum: Other Discussions
Topic: How many people agree with MR/MT theory described on the forum
Replies: 341
Views: 31402

Re: How many people agree with MR/MT theory described on the forum

I really only care about the spending cuts first. If they can get it down to zero there will be no one left to rob me! Cutting taxes but not spending only means more borrowing and printing which is worse than taxing. Putting aside the theft aspect of taxes (which I agree with), why do you think tha...
by technovelist
Thu Sep 19, 2013 4:08 pm
Forum: Other Discussions
Topic: How many people agree with MR/MT theory described on the forum
Replies: 341
Views: 31402

Re: How many people agree with MR/MT theory described on the forum

Kshartle, With demand below productive capacity, what makes you so confident that it's market distortions, not just a simple lack of demand, that is inhibiting investment? If there was adequate demand for a widget, and you knew the nominal price of the product would go up by over 3% every year (may...
by technovelist
Thu Sep 19, 2013 4:05 pm
Forum: Other Discussions
Topic: Tapering called off
Replies: 201
Views: 15830

Re: Tapering called off

The reason entrepreneurs didn't come to the rescue is that they were frightened to death of what the government would do to them if they were successful, having just seen the government wage war on entrepreneurs in the "New Deal". Once the government started spending money like a drunken sailor on ...
by technovelist
Thu Sep 19, 2013 3:57 pm
Forum: Other Discussions
Topic: How many people agree with MR/MT theory described on the forum
Replies: 341
Views: 31402

Re: How many people agree with MR/MT theory described on the forum

Kshartle, With demand below productive capacity, what makes you so confident that it's market distortions, not just a simple lack of demand, that is inhibiting investment? If there was adequate demand for a widget, and you knew the nominal price of the product would go up by over 3% every year (may...
by technovelist
Thu Sep 19, 2013 3:48 pm
Forum: Other Discussions
Topic: Tapering called off
Replies: 201
Views: 15830

Re: Tapering called off

Are you saying that wages and prices didn't drop during the 1930s? Some prices dropped. Many were prevented from dropping by law. I won't bother you with links, if you're interested to learn about how the recession was turned into a depression that information is all out there. I think that a LOT o...
by technovelist
Thu Sep 19, 2013 3:44 pm
Forum: Other Discussions
Topic: How many people agree with MR/MT theory described on the forum
Replies: 341
Views: 31402

Re: How many people agree with MR/MT theory described on the forum

When does anyone think that prices will start rising in a strong and sustained upward direction in response to Fed policies? I'm assuming we all agree that prices have been pretty stable (especially wages) in the five years or so since the Fed began its "printing." All I hear from people is how har...
by technovelist
Thu Sep 19, 2013 3:35 pm
Forum: Other Discussions
Topic: Tapering called off
Replies: 201
Views: 15830

Re: Tapering called off

All that needed to happen was for wages and prices to drop . Rapid drops will be tough even if the government doesn't impose controls. Paper has no magical properties though. Well, I guess if were an alien looking at humans I would assume it's magical since people will do anything for it and trade ...
by technovelist
Thu Sep 19, 2013 3:11 pm
Forum: Other Discussions
Topic: How many people agree with MR/MT theory described on the forum
Replies: 341
Views: 31402

Re: How many people agree with MR/MT theory described on the forum

When does anyone think that prices will start rising in a strong and sustained upward direction in response to Fed policies? I'm assuming we all agree that prices have been pretty stable (especially wages) in the five years or so since the Fed began its "printing." All I hear from people is how har...
by technovelist
Thu Sep 19, 2013 3:06 pm
Forum: Other Discussions
Topic: Tapering called off
Replies: 201
Views: 15830

Re: Tapering called off

Kshartle, There is some healthy level of debt given a certain amount of productive investment.  With the same amount of gold servicing an ever-growing nominal debt-base, it will eventually fail to meet those demands. Unless you're arguing that our total aggregate debt plus interest to be paid shoul...
by technovelist
Thu Sep 19, 2013 2:57 pm
Forum: Other Discussions
Topic: Tapering called off
Replies: 201
Views: 15830

Re: Tapering called off

Unless you're arguing that our total aggregate debt plus interest to be paid should be limited to the amount of gold already in mined existence, which would significantly hamper investment. How on Earth could you limit loans? Loans are limited by the risk a lender wants to take and the availability...
by technovelist
Thu Sep 19, 2013 2:24 pm
Forum: Other Discussions
Topic: Tapering called off
Replies: 201
Views: 15830

Re: Tapering called off

Kshartle, There is some healthy level of debt given a certain amount of productive investment.  With the same amount of gold servicing an ever-growing nominal debt-base, it will eventually fail to meet those demands. Unless you're arguing that our total aggregate debt plus interest to be paid shoul...
by technovelist
Wed Sep 18, 2013 8:36 pm
Forum: Other Discussions
Topic: Question for the MT/MR advocates...what's your position on "tapering"?
Replies: 42
Views: 2733

Re: Question for the MT/MR advocates...what's your position on "tapering"?

doodle wrote:
Pointedstick wrote: We all take it as a given that the government is stupid, immoral, hurts people, etc. We get it. We build it into our mental models of the way the world works.
I don't
Thank you. You have completely validated my opinion of you.