Keynesian's idea of "working" and your idea of "working" might be completely different.. if "working" means "ripping off the taxpayer and enriching your friends at the Fed and Goldman Sachs" then Keynesian is the way to go...
Way to go bubble ben bernanke. Just tell more lies. QE2 going to create 700,000 jobs, hahaha. Its creating nothing but more asset bubbles. This is all foolish talk.
Kind of. When the degree had more "prestige" up until 20 years ago, it was more valuable. Nowadays, it's a bogus credential. The MBA needs to be replaced by something called the MBC, Master of Business Creation.
Quote from shortie: MBAs don't produce sh*t, do they? who needs them anyway? [/QUOTE] Your finest post Shorty
If The Beard is so sure QEII is going to produce 700,000 jobs, why not double QEII and produce 1.4 million jobs. Hell, why not quadruple QEII and produce 2.8 million jobs. If printing money = creating jobs, why should there ever be unemployment of any sort? This guy is scary.
This would be a new experience for every serious economist : creating jobs through the creation of an inflationary environment. What would Mr. Spock comment ? => <object width="480" height="385"><param name="movie" value="http://www.youtube.com/v/cFods1KSWsQ?fs=1&hl=en_US"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/cFods1KSWsQ?fs=1&hl=en_US" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="480" height="385"></embed></object>
Exactly. Like I've said before, Bernanke is just like Nick Leeson or any other rogue trader. He is dogmatic, doesn't use stops, and for some reason has access to almost unlimited capital. The US's trading account is going to get blown out at some point.