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  • What you need to know about the economic "crisis"

    Economics is not a complicated science. This may not seem obvious to you if you've following the news from Washington, where a cabal of politicians, financiers and lobbyists have been spent the last several weeks desperately making a series of increasingly complicated, expensive, and ultimately unsuccessful...
    Posted to Radical Idealism by HeroicLife on Mon, Sep 29 2008
    Filed under: business cycles, ABCT, inflation, Economics
  • 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 by Unikkatel on Fri, May 2 2008
  • Re: Did the Fed go too far?

    i am unsure as to what you mean...the rate cut was a mere 10 days ago...much too early to state it's effects, much less to state it has worked in the OPPOSITE direction!!!?!! it is not an exact science, but to say monetary policy has NEVER worked is a bit naive.... minimal government intervention...
    Posted to Economics Questions by mattenglish on Fri, Sep 28 2007
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