Economic Theory From A Kwak...

[JakeStratham]

As Sun Tzu might say, know your enemy. With that, I forced myself to read this mess:

Hey, Rick Perry: Printing Money Is Patriotic - James Kwak - Business - The Atlantic

Good grief. It's basically an ode to Bernanke. I post it so you can observe how this crap (i.e. bad economics) is perpetuated. The author, whose last name is eerily fitting, will be teaching our kids.

Lovely.

For a nice dose of "real" economic science, go here:

End This Agony - Robert P. Murphy - Mises Daily

Or heck, throw caution to the wind, and go through everything you see here:

Robert P. Murphy - Mises Daily Archive

 

[megatabbers]

facepalm.jpg

So, if printing money is patriotic and stimulates the economy (LOL), why not just fire up the printing presses to 100% capacity and keep them running non-stop?

Then we can all live in prosperity... until we become Zimbabwe, of course.

 

[slayerment]

That was painful to read. I felt like I was reading:

War is peace
Freedom is slavery
Ignorance is strength