Monday, September 22, 2014

Steve's barking;Economic evolution?

Why can't we think in the terms of that deary science having evolution moments. (Huh)?
We think of inflation as too much money chasing too few goods when just about all inflation is based on supply and demand.
Adam Smith's invisible hand, becomes a very visible hand when it comes to monopolies, and what government should do about them.(Huh)?
If the price of goods goes up government might just have to print money to cover the cost, the cost of goods doesn't go up because you print money. (Huh)?
The vast majority of  of what we do to alleviate problems have nasty side effects and some one has to decide if the side effects are wort it. This is true in nature and fixing up economic problems. (Huh)?


The Fed's Quantitative Easing has a nasty side effect it reduces a safe return to ordinary lenders.(Huh)?(People living on fixed incomes. (Who are they)?)
Is the Fed buying bonds helping create jobs? Probably not. (Huh).
Is it reducing the US debt? Yes, yes, yes, yes, but we don't understand it. Therefore we don't know it. Therefore it isn't. (Huh)?

You might say what I'm wighting is wonkish ,but I don't have a freaking idea what wonkish means.(Huh)?

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