rfaramir

Blog Comment

rfaramir commented on NOTvuffett's blog post. 12:38 PM

the Straw, etc.

"I used a profane explitive and he hung up."

Your attitude is justifiable and reasonable. But dangerous. These people have the power of guns behind them are willing and able to use them.

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Blog Comment

rfaramir commented on Valyooo's blog post. 12:31 PM

Do credit expansion and contraction really lead to price level changes?

"US culture encourages people and companies to borrow more during the good times"

No, the Fed creating a climate of inflation expectations induces people to borrow to over-consume and producers to

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Blog Comment

rfaramir commented on catoismymotor's blog post. 11:02 AM

Yesterday I fired David Einhorn.

+1 rec for boldness of move and speaking your mind

But I don't think I understand the move.

You feel that "he was acting on behalf of the best interest of his clients"

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Blog Comment

rfaramir commented on bbmaven's blog post. 4:16 PM

Bogus Fiscal Crisis

"I have yet to understand how cutting spending, leaving our infrstructure to further decay, and thowing millions of people out of work will improve our economy."

I'd be glad to try to explain it to

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Blog Comment

rfaramir commented on whereaminow's blog post. 3:50 PM

On Argentina, Krugman, Mosler, and Wenzel

"The important contribution of MMT is it's explicit identification of the currency itself as a simple public monopoly, and all the ramifications thereof"

If this were just a value-neutral scientific

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