On Mon, 22 Nov 2010, Alan Rudy wrote:
> http://www.youtube.com/watch?v=PTUY16CkS-k&feature=player_embedded
>
> this thing's spreading everywhere and, while there are some good
> criticisms in it, its primarily an anti-government screed
It's just Ron Paul anti-fed populism, pure and simple.
The teddy bears can make anything funny though. I don't know why anyone uses any other option.
Michal
>
> it argues that the Fed sees deflation when it doesn't - its trying to
> forestall it, it argues that deflation's good for consumers but leaves
> out that deflation's bad for jobs and investment, it suggests that QE's
> only about deflation and that it's the only idea the Fed's got, it
> pulls out the CPI but then ties all sorts of things not measured by the
> CPI to the Fed's purported mis-reading of it and its meaning, it argues
> that the Fed's never done anything right, that administrators have to
> come from business or prior administrative experience, and... yeesh.
>
> as always, you don't have to be a fan of the Fed to dislike the way the
> argument against the Fed is introduced here... the enemy of my enemy
> isn't always...
> __________________________________________________________________
>
> * Previous message: [lbo-talk] Quantitative Easing
> * Next message: [lbo-talk] Quantitative Easing
> * Messages sorted by: [ date ] [ thread ] [ subject ] [ author ]
> __________________________________________________________________
>
> More information about the lbo-talk mailing list
>
>