Bare Knuckle Pickups Forum
At The Back => The Dressing Room => Topic started by: Elliot on November 15, 2010, 07:59:05 PM
-
http://www.youtube.com/watch?v=PTUY16CkS-k&feature=player_embedded#
-
I don't know whether to laugh not ( if you get my meaning).
-
Propaganda is so much more digestible in cartoon form :P
-
I don't understand enough about economics to argue for or against the points they're making, but I found that curiously.... mesmerising.
-
http://www.youtube.com/watch?v=J9wRq6C2fgo
probably the best thing I've seen for explaining QE, even if they do avoid going into the details about if you get it wrong
-
They are so CUTE! Not to sound like homosexual. But I love this.
It is bias obviously, but it's a good way to emphasise one side of the argument.
Twilight Zone, lmao...
-
I really enjoyed that. Thanks for posting. :D
-
Whenever you hear an economist with a prediction or a plan he'll either present it with mathmatical rules and figures and forget about the human influence or he'll present it based on human emotion and forgets about the mathmatical rules.
Economy is always about both. It's a combination of math, physics, sociology and psychology. I rarely hear an economist incorporating all these together. In fact, most economists look at the stock market as THE economical barometer. The stock market is driven by paranoid speculants (gamblers) looking to make a quick buck without producing anything. Stocks don't really tell you anything about how good a company is doing.
They should look more at small and medium sized businesses, retail and people's spending power.
The money market is even more crazy and abstract. Some people spend the day buying yens for their dollars, then buy euros, then pounds and then dollars again but they now have more dollars than they started with.
So people are making money out of thin air without producing anything (product or service). That can only mean one thing: devaluation of cuurency. So if you wanna know how much a currency is really worth, check out the Big Mac index.
Some claim that currency should be linked to gold again. That may not be perfect but sometimes I think it wouldn't be a bad idea in a time like this.
-
Whenever you hear an economist with a prediction or a plan he'll either present it with mathmatical rules and figures and forget about the human influence or he'll present it based on human emotion and forgets about the mathmatical rules.
I think most new-Keynesian economists combine the two admirably.
Economy is always about both. It's a combination of math, physics, sociology and psychology. I rarely hear an economist incorporating all these together. In fact, most economists look at the stock market as THE economical barometer.
Out with groups like the Adam Smith Institute, I don't think that's true at all.