Housing Bubble (Download the song on iTunes!)
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and the Economist is a criterium for you;) porr stupid.
Look what really has happened - see who followed von Mises and von Hayek - Reagan, Thatcher, Ludwig Erhard. Germany until now keeps to this school.
Who do you prefer - Keynes or Friedman?
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Germany was reconstructed on the economics of Ludwig von Mises and August von Hayek. von Hayek was a close friend and adviser of Ludwig Erhard - the financial minister and later chancellor who led the reconstruction of Germany after world war 2.
Their adversaries are Keynes (spend the money of the tax payer) and Friedman (let the money printer run).
The Austrians put it simple - to spend you have to earn first.
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uploaded jan 21 2008 . Bear stock when down Mar 10 2008 around 11:00 clock
bear said they was OK . then the fed step in said to big to fail
bear had made bets on the housing market worth hundred of billions of dollars on wall street and
around the world
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Bubble mmg bg trouble...Hahaha
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@davegirlsman This video expanded my mind!
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Nice music. Getting a home, 1st thing to consider is your budget and capability of paying a mortgage.
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@Mrhuh Ludwig von Mises was absolutely TORN APART by The Economist for his book he wrote in the mid-20th century. It is hard to find a mainstream, legitimate economist who buys into "the destructive nature of central banks." Spoken like someone who has no degree in economics.
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Live in your very own home, get easy mortgage from IFG,Inc...
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good vid
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@BeantownJim Fox is not a news channel. It's a brainwashing, public propaganda machine.
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Growth does NOT cause inflation.
Increase in MONEY SUPPLY creates inflation.
largo2001 4 years ago 21
Read some works by the great Austrian Economists such as Ludwig von Mises, Murray N. Rothbard, and of course, Ron Paul for some other great works on the destructive nature of central banks.
Mrhuh 4 years ago 13