Ponzinomics

Discussion in 'Economics' started by rcj, Oct 4, 2010.

  1. rcj

    rcj

    ....

    <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2971758>
     
  2. Better known as Capitalism.
     
  3. Better known as Capitalism.
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    WRONG. Know your definition of Capitalism before you spout out stupid shit. Wallstreet was not part of the foundation of Capitalism. Land,labor,capital and ideas. Manufacturing of "Items" not fiat currency.

    Gold Standard, not "Faith" back monopoly money.

    Milton Friedmen(He theorized there existed a "natural rate of unemployment" and he argued the central government could not micromanage the economy because people would realize what the government was doing and change their behavior to neutralize such policies.) , Adam Smith, Read them. Captains of Industry....learn them. That is Capitalism.

    What we have now is Monitary Socialism and Smoke and more Smoke.
     
  4. Somehow Stupidity missed 49.5% of that chart?
     
  5. LEAPup

    LEAPup

    Lots more smoke and mirrors these days, no question... If the public REALLY knew what was going on behind the "Wizards' curtains.":eek:
     
  6. rcj

    rcj