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Forum: Politics 08-18-2007, 11:55 PM
Replies: 240
Views: 869
Posted By pvn
Re: The Federal Reserve: Love it or Hate it

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Morality of the greater good: I’m not going there. period. I’m just going to stick to why it might be better to have a centrally managed economy.

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Better according to whose...
Forum: Politics 08-14-2007, 05:42 PM
Replies: 240
Views: 869
Posted By pvn
Re: The Federal Reserve: Love it or Hate it

[ QUOTE ]
the fed made choices .... that caused significantly worse conditions

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Exactly. There would not have been a depression for your monetary policies to fix in the first place...
Forum: Politics 08-14-2007, 05:13 PM
Replies: 240
Views: 869
Posted By pvn
Re: The Federal Reserve: Love it or Hate it

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in short, yes. by managing the business cycle, the amplitude of that cycle can be reduced. "overproduction" though is a bit tricky. i'd rather say "production in...
Forum: Politics 08-14-2007, 04:12 PM
Replies: 240
Views: 869
Posted By pvn
Re: The Federal Reserve: Love it or Hate it

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Oh boy, that was fun. I can see why you do it. Assert your way to victory FTW.

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That would have been a great post, if I hadn't put the argument...
Forum: Politics 08-14-2007, 03:46 PM
Replies: 240
Views: 869
Posted By pvn
Re: The Federal Reserve: Love it or Hate it

[ QUOTE ]

Oh boy, that was fun. I can see why you do it. Assert your way to victory FTW.

[/ QUOTE ]

That would have been a great post, if I hadn't put the argument backing the assertion...
Forum: Politics 08-14-2007, 02:28 PM
Replies: 240
Views: 869
Posted By pvn
Re: The Federal Reserve: Love it or Hate it

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by managing the business cycle, the amplitude of that cycle can be reduced.

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This is busybody wishful thinking. The meddling intensifies the cycle, it cannot dampen it. ...
Forum: Politics 08-14-2007, 02:13 PM
Replies: 240
Views: 869
Posted By pvn
Re: The Federal Reserve: Love it or Hate it

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i wouldn't say he's annoying so much as unlearned and shocking in the conviction he has in his beliefs. i'd have bet 18-19 as a result. i dont believe he has any...
Forum: Politics 08-14-2007, 11:50 AM
Replies: 240
Views: 869
Posted By pvn
Re: The Federal Reserve: Love it or Hate it

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i wouldn't say he's annoying so much as unlearned and shocking in the conviction he has in his beliefs. i'd have bet 18-19 as a result. i dont believe he has any solid foundation in...
Forum: Politics 08-13-2007, 11:20 PM
Replies: 240
Views: 869
Posted By pvn
Re: The Federal Reserve: Love it or Hate it

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in a fixed money supply scenario (and i'll back up later or in the next post to get to the issue of any system at all), there is not no ability to increase more gold. in order to make more...
Forum: Politics 08-13-2007, 02:45 PM
Replies: 240
Views: 869
Posted By pvn
Re: The Federal Reserve: Love it or Hate it

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pvn, please read my post on the evolution of monetary systems a few posts up.

then come back to this and if you still have questions on what i'm talking about we can engage further.
...
Forum: Politics 08-13-2007, 02:44 PM
Replies: 240
Views: 869
Posted By pvn
Re: The Federal Reserve: Love it or Hate it

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this is what i mean: the govt has granted a monopoly to the fed to manage the supply of money in the system. this choice has caused some distortions in teh economy as argued by AC.

my...
Forum: Politics 08-13-2007, 02:12 PM
Replies: 240
Views: 869
Posted By pvn
Re: The Federal Reserve: Love it or Hate it

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this stems from the hate for any fiat money system. you can argue this point all day, and logically we can even have a monetary system backed by wine, but in the end i think the...
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