AgTalk Home
AgTalk Home
Search Forums | Classifieds (53) | Skins | Language
You are logged in as a guest. ( logon | register )

You all know a lot but are we going into deflation?
View previous thread :: View next thread
   Forums List -> Market TalkMessage format
 
John Burns
Posted 11/4/2013 22:23 (#3424272 - in reply to #3424226)
Subject: Rickards



Pittsburg, Kansas

Yes.

It is based on what I believe is an incorrect theory of how an economy works. Therefore I do not agree with it.

That is why my opinions usually differ from what is heard from mainstream economists.

Just one example: In the article you linked - "Helped by quantitative easing". I think quantitative easing only delays the inevitable adjustment needed to correct the malinvestment caused by a credit induced economic boom. I think QE is of no help at all but simply a band-aid put on a hemorrhaging gash. Here is some reading more to my way of thinking.  Mises.org

Here is also someone who thinks they have it wrong and I put a lot of faith in what this guy says. When he talks, I make time to listen.

Jim Rickards

As always, my opinion only.

John



Edited by John Burns 11/4/2013 22:33
Top of the page Bottom of the page


Jump to forum :
Search this forum
Printer friendly version
E-mail a link to this thread

(Delete cookies)