Rothbard on Mises: Depression Not Inevitable, Result of Central Banks

It could have.

What typically happens when the Fed increases interest rates to slow the velocity of money down?

Tax breaks are not "stimulus checks".

 

why are you dodging post #114 on page 12?

i've reposted it from #104 / #105 on page 11

either admit you were wrong or validly refute what i presented

 

Lol, alright... the tech boom "could have" attributed to the balanced budget. LOL!!!

First answer what typically happens when velocity decreases

Tax rebates are

 

None of your sources have proven that there were more than 30,000 currencies, except for the brochure you posted that doesn't cite any sources.

You and akphidelt have yet to prove that there was any so-called "complete mess" related to competing currencies being allowed to exist. Until you do, it's safe to assume that it never happened.

I'm not familiar with much of Rothbard's work.

Thanks for the info.

 

Prove that it did. And then after you do that, you can prove that balanced budgets cause negative economic effects in the long term.

Economic growth slows down.

No they're not. Tax rebates do not amount to the government sending you government money, they amount to the government sending you back your money that it doesn't require.

 

take a look at the 20+% rates of inflation and deflation during the 18th century



does that look stable or volatile?

i can tell

 

Have you read anything Rothbard wrote

 

I think its fair too say...you an the other dude

Are firm believers in a strong centralized govt an monetary system

Where as the majority of the other people here would

Be of a JEFFERSONIAN STYLE GOVERNMENT AN MONETARY SYSTEM

 

Measuring worth dot org.

Sure they don't have a. Vested interest in the plunderous system

Status quo...good one

 

jefferson died in 1826, welcome to the 21st century

yes, much of it

it's obvious what you're doing with all your spammy space-wasting posts

 

You sure you didn't find that "CHART" on a Media matters website

Or one of the uber left pals they have

 

can you read? the source is cited

 

Wow your a genius

Why didn't I see this sooner

Gold is worthless and

A piece of paper issued by whoever an whenever is far more valuable

Again why is it....hording gold is becoming so popular here recently and again

 

evidently you can't read very well

 

Again buccus

The so called interest/inflation

Is so conveniently parallels the times when

That fiat monies are issued ...as too make them look better

And more stable they aren't ....because they are manipulated

By the first takers an passed onto the suckers how can't

Buy what the currency could buy when the first takers had it

Nice reall genius aren't chu

 

if you had been following the debate, you'd realize the point is that was a time when many competing currencies were in existence and it didn't work

 

Anything before the Constitution was written is irrelevent as far as I'm concerned.

 

I doubt it.

 

Yes actually I have been following

And I learned several things I didn't know

Be that as It may ....the value is obviously lowered when said times in
your charts, shows the MANIPULATION OF CURRENCY VIA CENTRAL BANKING

IT IS PLUE PERFECT, ,TOO SHOW WHY CENTRAL BANKS

PUSH INTEREST RATES FALSELY IN DIRECTION NOT NEEDED

AND HAS THEREFORE LOWERED THE VALUE OF CURRENCY BY ARTIFICAL ACTIONS

IT ISN'T THT THEY WANTD A END RESULT ITS THE RESULTS OF THEIR ACTIONS

THE ONLY ONES WHO'VE BENEFITTED ARE THE ONES WITH 1ST. TAKE OF

SAID CURRENCIES ONCE IT GETS PASSED DOWN THEN IT BECOMES LESS

VALUED AN LOWERS ITS PURCHASING POWER

 

It looks like inflation rates have never been below zero since the 1950's , which is exponential growth.

 

notice all the post-constitutional volatility

that's probably a projection of your failure to get a formal economic education

the combination of deep troughs and high peaks are the graphic signature of volatility

 

hmmmm ? high volatility since the 1950"s ?
That is counter to your argument of stability. Thank you.

Despite your lack of math skills, continuous positive growth rates, in the presence or absence of volatility, are still exponential.

 

that's just the opposite of what the graph shows, after 1950 everything is above 0% and relatively stable

-20% to +20% in a few short years, like on the left side of the graph, is extreme volatility

 

yes, everything after 1950 is above 0%.
What part of compounding growth does your brain not understand ?
Do you need a little remedial math ?
let me help.

 

my math skills are fine, but i think you need an economics lesson