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Re: Questions regarding FED's interest rate mechanism

@ meambobbo What a fantastic and highly detailed response. Thank you kindly, your time and knowledge is very much appreciated . There is a lot to 'chew over' in those replies! Allow me some time to crunch up those points in my mind and I'll get back to you with some more questions if need...

Posted to Economics Questions (Forum) by fingolfin on Thu, May 22 2008

Inflation---->BAD OR GOOD???

I was having an arguement with this person saying that people have a misconception about inflation because they think that inflation will rob him of his purchasing power of his hard earned money. So that when the prices rises, your dollar will buy fewer goods so it might seem that it lowers living standards...

Posted to Economics Questions (Forum) by Unikkatel on Fri, May 2 2008

Review of two economic museums

For spring break, I decided to go to Mexico again (and mind you, not to Cancun or any beach place like that), but since it was cheaper, I had to go through NYC. Anyways, I visited the Museum of American Finance in NYC (as recommended by Dr. Tucker ) and the Museo Interactico de Economica in Mexico City...

Posted to Musings from an Economics Student (Weblog) by champthom on Sat, Mar 8 2008

Protectionist rhetoric will only accelerate the dollar's slide

Pat Buchanan's recent attempt to diagnose the sinking dollar demonstrates that ignorance of basic economics is not limited to the left. Buchanan points out the plummeting value of the dollar relative to other currencies and major commodities such as gold ( up 24% this year ) and oil ( up over 50...

Posted to Radical Idealism (Weblog) by HeroicLife on Tue, Nov 6 2007