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Congratulations! I believe this might be the first thread ever created in D&D where conservatives and liberals alike agree on one thing.
Wow...
And I suppose the government should've run a surplus and removed financial assets from the private sector while households are deleveraging?...
Financial nightmare? Let me guess, "Oh nro! The exploding national debt!" You're the one ignoring the truth about the fact that Presidential...
Yeah...except the President's budget proposal is merely a spending request. The budget committees in Congress are supposed to come up with a...
First of all, the Fed is the business of stabilizing the banking sector. You can't just buy up random assets from every Tom, Dick, and Harry and...
I wouldn't really look at it that way. Imagine you run a bank and you have vault already brimming with cash. The Fed then says to you, "Hey...
That money is credited to Primary Dealers' reserve accounts (i.e. 20 or so of the largest banks/bank holding companies in the world), bolstering...
Right... Darn that Obama's for the Humphrey-Hawkins Act passed in 1978! Darn him for the Employment Act of 1946 too!
I can't tell if this comment was tongue-in-cheek, but as a matter of fact, I'm sure Nate Silver or any other statistician would agree with me.
That was my point. Statistics can show something is probable but can't serve as evidence, i.e. Statistically, it's extremely likely there is life...
I generally prefer to listen/read, but not get involved in evolution discussions. I would like to point out one (slightly off-topic) thing...
Kryptonite safety razor
I've listened to it and IMHO, he makes way too many leaps in logic that I flat-out don't understand. His first point: The large-scale asset...
Sorry, prefer not to listen while I'm working (reading Clutchfans is distracting enough as it is). Either I get back to you later, or you can...
Hah well...inflation's a different discussion altogether. :) I always prefer to see sovereign debt as a liability more like a bank deposit....
Although we do take advantage of reserve currency status in every way possible, I wouldn't necessarily say it's being "abused" per se, It's...
Again, you're conflating the terms law and rule. Regulatory agencies enforce the law. The make the rules to do so. Rules cannot negate law, nor...
Did you even read the rest of my post or did you just hop onto your high horse and start screaming "tyranny." You're free to believe that...
There's a huge difference between a law as written in the USC, and a rule as written in the CFR. Rules are not laws. Rules are enacted by the...
