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tanukisauce commented on the blog post The Return Of “It’s uter-us, not uter-you”
Damn those entitled, freeloading fetuses mooching off their mothers! Can you believe they serve placenta in the womb?
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tanukisauce commented on the blog post FDL Book Salon Welcomes Matt Taibbi, Griftopia: Bubble Machines, Vampire Squids, and the Long Con That Is Breaking America
I realize that, if you were going to answer every question posed to you, you’d be here for hours, so feel free to skip to the questions at the bottom of the post, or skip the entire post all together:
I don’t mean to make this into a left-right issue, but it seems to me that most (weasel word, I’m aware) economists who believe that the government (that is, anyone who isn’t an Austrian) can have a positive effect on markets are proponents of QE (while some say that there is not enough of it).
I haven’t finished the entire book, but I know you mentioned (I’m very loosely paraphrasing)that QE was an insane money-printing scheme.
You also mentioned that you believed (paraphrasing again) that the Fed would be a positive force if they and Wall Street were in the least bit honest, so I infer that you fall in the camp for government intervention.
Considering that most of the Fed’s policy is enacted through Wall Street, is it worth disabling the Fed to stop them from enabling Wall Street?
Also, do you think that those proponents of QE are just naive and making the assumption that the Fed and Wall Street are still honest, or are they complicit in the whole scheme? Or is the entire economics profession corrupt?
Finally: What did you think of Inside Job? I assume you’ve seen it. -
tanukisauce became a registered member
