Andrewm779's channel

never pop the beer bubble

@88888FORCE No they bought assets like the MBS program. When you buy assets, you must sell them to get the money back. If the value of any MBS they sell back is zero, then you have created money without retrieving it. It has been spent.

Why doesn't ron paul just do "african americans for ron paul"

I liken our situation to the interwar years where we had competitive devaluations resulting mostly from conflicts with germany and reparations that simply could not have been repaid. Everyone is printing the money at different rates. Sure this today "will be just another recession in 10 years" ...

@blujay1524 To forget the Federalists vs the Anti Federalists in todays calculation is a mistake which only enables the very things which a liberal (conservative) decries.

@diskpanic Do you recognize What the imperfections of the free system are though? Do you even believe there are any? If you do tell me the worst ones. If you don't, then I don't believe you...

@dreamihad Technically that is not true. Think of money as a "good," that which is used to facilitate trade; as like a road is used to facilitate transportation. Inasmuch as banks maintain the utility of money in making transactions, they are providing a service, and since the price of money c...

(continued from last post) So since anything supported by the government must not discriminate based upon religion, the government must either abolish government marriage, or be prepared to accept incestuous, polygamous, and non-loving (think tax benefits) marriage. I wouldn't even be surprised ...

the Federal Reserve System sucks

@plynth2 You're right but you've got it backwards. They're proponents of a free system except when it comes to corn subsidies that destroy the sugar cane market, or the federal reserve which never allows big banks to fail, or endless loopholes and exemptions, or defense contracts with little to ...