The Mandrake Mechanism & Banking Reform

[greekfire]

[quote=Bryan]Greekfire, let me know when you get to the chapter…

Our nations history shows that the federal government cannot behave responsibly with money.
[/quote]

It might take some time, but I’ll chime in when I get there. I agree, the political and monetary scientists can’t behave responsibly with money. They always start off with the “best intentions”, but they inevitably abuse their power. Examples:

Bank of Venice
Bank of Amsterdam
Bank of Hamburg
Bank of England
Bank of North America (our 1st central bank)
First Bank of the US (our 2nd central bank)
Second Bank of the US (our 3rd central bank)
Federal Reserve (our 4th central bank)

[Carl Veritas]

Greek while you’re finding out how Panama fared without a central bank, no FDIC, and no currency of their own, check out the Swiss franc which was backed by gold until very recently.

The free market gave us Americans the high standard of living which some Chinese citizens are just now starting to enjoy, something that eluded the planners for decades.
Those genius Chinese government planners have just discovered
how to create wealth and raise the standard of living:
Just get out of the way.

[Carl Veritas]

Greek while you’re finding out how Panama fared without a central bank, no FDIC, and no currency of their own, check out the Swiss franc which was backed by gold until very recently.

The free market gave us Americans the high standard of living which some Chinese citizens are just now starting to enjoy, something that eluded the planners for decades.
Those genius Chinese government planners have just discovered
how to create wealth and raise the standard of living:
Just get out of the way.

[Carl Veritas]

Greek while you’re finding out how Panama fared without a central bank, no FDIC, and no currency of their own, check out the Swiss franc which was backed by gold until very recently.

The free market gave us Americans the high standard of living which some Chinese citizens are just now starting to enjoy, something that eluded the planners for decades.
Those genius Chinese government planners have just discovered
how to create wealth and raise the standard of living:
Just get out of the way.

[Carl Veritas]

Greek while you’re finding out how Panama fared without a central bank, no FDIC, and no currency of their own, check out the Swiss franc which was backed by gold until very recently.

The free market gave us Americans the high standard of living which some Chinese citizens are just now starting to enjoy, something that eluded the planners for decades.
Those genius Chinese government planners have just discovered
how to create wealth and raise the standard of living:
Just get out of the way.

[Carl Veritas]

Greek while you’re finding out how Panama fared without a central bank, no FDIC, and no currency of their own, check out the Swiss franc which was backed by gold until very recently.

The free market gave us Americans the high standard of living which some Chinese citizens are just now starting to enjoy, something that eluded the planners for decades.
Those genius Chinese government planners have just discovered
how to create wealth and raise the standard of living:
Just get out of the way.

[urbanrealtor]

[quote=Bryan]
The system gets flooded with new money and sometimes
creates unsustainable production and employment. [/quote]

The above quote is the only part of your post that made sense. The other parts (eg: cost of money) were predominantly inaccurate or at the very least, inane.

The point about Keynesian maneuvers having their limits over time is accurate and well-taken.

The stagflation of the carter years is the best example of this limit.

[urbanrealtor]

[quote=Bryan]
The system gets flooded with new money and sometimes
creates unsustainable production and employment. [/quote]

The above quote is the only part of your post that made sense. The other parts (eg: cost of money) were predominantly inaccurate or at the very least, inane.

The point about Keynesian maneuvers having their limits over time is accurate and well-taken.

The stagflation of the carter years is the best example of this limit.

[urbanrealtor]

[quote=Bryan]
The system gets flooded with new money and sometimes
creates unsustainable production and employment. [/quote]

The above quote is the only part of your post that made sense. The other parts (eg: cost of money) were predominantly inaccurate or at the very least, inane.

The point about Keynesian maneuvers having their limits over time is accurate and well-taken.

The stagflation of the carter years is the best example of this limit.

[urbanrealtor]

[quote=Bryan]
The system gets flooded with new money and sometimes
creates unsustainable production and employment. [/quote]

The above quote is the only part of your post that made sense. The other parts (eg: cost of money) were predominantly inaccurate or at the very least, inane.

The point about Keynesian maneuvers having their limits over time is accurate and well-taken.

The stagflation of the carter years is the best example of this limit.

[urbanrealtor]

[quote=Bryan]
The system gets flooded with new money and sometimes
creates unsustainable production and employment. [/quote]

The above quote is the only part of your post that made sense. The other parts (eg: cost of money) were predominantly inaccurate or at the very least, inane.

The point about Keynesian maneuvers having their limits over time is accurate and well-taken.

The stagflation of the carter years is the best example of this limit.

[urbanrealtor]

[quote=Bryan]Greek while you’re finding out how Panama fared without a central bank, no FDIC, and no currency of their own, check out the Swiss franc which was backed by gold until very recently.

The free market gave us Americans the high standard of living which some Chinese citizens are just now starting to enjoy, something that eluded the planners for decades.
Those genius Chinese government planners have just discovered
how to create wealth and raise the standard of living:
Just get out of the way.
[/quote]

Uh no.
Have you known anyone trying to do business there now?

Getting out of the way is a pretty creative take on their policies.

[urbanrealtor]

[quote=Bryan]Greek while you’re finding out how Panama fared without a central bank, no FDIC, and no currency of their own, check out the Swiss franc which was backed by gold until very recently.

The free market gave us Americans the high standard of living which some Chinese citizens are just now starting to enjoy, something that eluded the planners for decades.
Those genius Chinese government planners have just discovered
how to create wealth and raise the standard of living:
Just get out of the way.
[/quote]

Uh no.
Have you known anyone trying to do business there now?

Getting out of the way is a pretty creative take on their policies.

[urbanrealtor]

[quote=Bryan]Greek while you’re finding out how Panama fared without a central bank, no FDIC, and no currency of their own, check out the Swiss franc which was backed by gold until very recently.

The free market gave us Americans the high standard of living which some Chinese citizens are just now starting to enjoy, something that eluded the planners for decades.
Those genius Chinese government planners have just discovered
how to create wealth and raise the standard of living:
Just get out of the way.
[/quote]

Uh no.
Have you known anyone trying to do business there now?

Getting out of the way is a pretty creative take on their policies.

[urbanrealtor]

[quote=Bryan]Greek while you’re finding out how Panama fared without a central bank, no FDIC, and no currency of their own, check out the Swiss franc which was backed by gold until very recently.

The free market gave us Americans the high standard of living which some Chinese citizens are just now starting to enjoy, something that eluded the planners for decades.
Those genius Chinese government planners have just discovered
how to create wealth and raise the standard of living:
Just get out of the way.
[/quote]

Uh no.
Have you known anyone trying to do business there now?

Getting out of the way is a pretty creative take on their policies.

[Author]

Posts