tag:blogger.com,1999:blog-648884752216444797.post2098835852929680710..comments2024-03-28T09:59:13.754-07:00Comments on bionic mosquito: Economic Ignorance Continues: Gasoline Shortagesbionic mosquitohttp://www.blogger.com/profile/12002548958078731031noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-648884752216444797.post-49337334722061588512012-11-11T23:20:57.573-08:002012-11-11T23:20:57.573-08:00Saturday, November 10, 2012
A Very Condensed Intro...Saturday, November 10, 2012<br />A Very Condensed Introduction to Currency Operations, for Erskine Bowles<br /><br />If you claim to grasp the concept of situational awareness then you have to go back and ask about the fundamental change in our currency situation that occurred in 1933, when we transitioned from a gold-standard to a fiat-currency-standard. It’s quite a fundamental change, with trivially obvious consequences. Anyone not at least looking into that situational change is doing their country a grave disservice.<br /><br />Would a military deploy soldiers who were not able to fully disassemble and reassemble their personal weapons in the dark? Similarly, no citizen should try to discuss fiat currency operations or fiscal policy without learning at least the simple rudiments of how they actually work.<br /><br />Read the rest here:<br /><br />http://mikenormaneconomics.blogspot.mx/2012/11/a-very-condensed-introduction-to.htmlJimWnoreply@blogger.comtag:blogger.com,1999:blog-648884752216444797.post-72436262923086539332012-11-07T09:13:46.355-08:002012-11-07T09:13:46.355-08:00Spot on analysis.Spot on analysis.Anonymousnoreply@blogger.com