[quote=davelj][quote=investor]
Davelj. Thank you for your reply. [/quote]
Happy to help out.
[quote=investor]
If you had read those 6 pages, you would find that they offer a detailed look at how the money flows into and out of the fed. Information that is hard to find and the fact that it is hard to find is what is illuminating about this subject, that no-one knows this information. Information about the entire money supply of the USA. You don’t know this information, don’t even care to read it, ridicule the source and then insult me by saying that no-one here cares what I think. [/quote]
How the money flows into and out of the Fed is covered in most basic Money and Banking classes. (And, yes, I have a good understanding of the fundamentals – although admittedly I have not analyzed Griffin’s INTERPRETATION of the fundamentals. Reading every conspiratorial account regarding the Fed would take quite some time, I think you’d agree.) There are innumerable articles on the subject as well. (This is where you accuse me of intellectual dishonesty and/or laziness for not reproducing all of the relevant chapters and articles, right?) That you believe this Griffin and his acolytes are the only folks on the planet who understand the great mystery of “how it all fits together” is the height of arrogance and presumptuousness.
[quote=investor]
I usually ignore ignorant statements like these but in your case, I will respond. Please do not respond to any further posts that I make as your input is not positive and tends to stop intelligent discourse on any subject. I hope that your posts are not a reflection of the rest of your life because if it is, you are probably one angry, un-happy individual. good luck.[/quote]
“Please do not respond to any further posts that I make as your input is not positive… etc.” You cannot be serious. Are your feelings really that easily hurt? I had no idea that you were such a delicate flower, Oh Great Arbiter of What Constitutes Intelligent Discourse and What Does Not. Do you read what you write? Wowsers.
Actually, my posts are often a reflection of my life. But you wouldn’t know that because, well, you’ve been at this site for all of 4 months. I’ve been here for over 4 years. For better or worse, I have a pretty large body of work here at Piggington. So, you could choose to do a little due diligence before making such a blanket statement. Or not. At the end of the day, after all, it’s mind over matter. I don’t mind because you don’t matter. (I don’t matter, either, by the way. The only difference between us is that I KNOW I don’t matter. You clearly mistake yourself for relevant.)
Now, I’m sure you’re going to continue this dialogue with more of what only you define as Intelligent Discourse. Do continue to enlighten us all with your Great Wisdom, “investor.” In the meantime, I need to get back to being an “angry, un-happy [sic] individual.” Bah Humbug!![/quote]
Davelj. Well, I have been reading this site for about 5 years but I have only begun to enter threads recently. As far as the tone of your blogs.Lets say that we are at a social gathering. You meet someone for the first time and the discussion turns to the federal reserve. The person that you are talking to has a different opinion than you. That person then begins to tell you that you cannot seriously believe what you are saying, no-one would take you seriously and that your opinions are irrelevant. Oh, and he seems angry at you while he is saying this. All on the first meeting. What kind of impression does that person give you? Would you care to converse further with that person or write them off as a rude, arrogant SOB whom you never hpoe to meet again? Responding to blogs is similar in that you are interfacing with real people who do have feelings. Some level of etiquette should be followed, don’t you think? Now, for the topic at hand.I don’t think any economics books cover the cash flow through the fed well at all. Especially the in depth way that griffin does. I could be wrong as I have not read what you have. I have re-read my macro-economics book (Mankiw) who does not give a good explanation of how the money goes through the fed. I’ll make you a deal. You give me an economics book (with page numbers) that does explain how the money flows and I will read it. you borrow the griffin book (since I am sure you do not want to support his ridiculous book), read those 6 pages and then write back on this site to compare notes. Deal? (Also, my opinion does matter as does yours. We may not be able to change who is president but sharing opinions and ideas is the basic building block of a free society.)
