Richard Mayburys books and newsletter are endorsed by Congressmen Ron Paul and by the late Harry Browne. This speech was given by Richard Maybury at the Wealth Protection Conference on May 2, 2009. In the speech, Maybury explains three things that the government and mainstream press seem not to understand. These are:
1) The economy is not a machine, it's an ecology made of unimaginably complex biological organisms, meaning people.
2) Models. There is no single economic model, like there is in Newtonian physics. Obama probably does not realize his advisors are giving him conflicting advice because they have different models.
3) Velocity. The speed at which money changes hands is dependent on emotions.
Check out the Daily Bells interview with Richard Maybury at http://www.earlywarningreport.com/interviews.html
"thinks he is a plumber" Saaad but true....
mikestr69 8 months ago
Richard, having studied theoretical physics briefly in college I can say that the irony of your "Newtonian Model" analogy is that Newtonian physics is actually wrong, but only on minute margins. It describes physical reality on earth almost perfectly well but not on cosmological scales. Which is fine, since we are building buildings and bridges on planet earth and not in black holes. I think this applies neatly to your analysis of economic models as well!
Humanicus 10 months ago
Agree with you ... and I am very surprised that only 21 recommendations after 2878 views.
Probably says a lot about the viewing population ..sadly.
StandUp555 1 year ago
free What Obama Does Not Know - Part 2 of 3 -->> WATCH MOVIE FREE -->> #URL
cavacocaterina 2 years ago