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Hot And Trending...
Trending
- March report "How Revolutions, Wars and Plagues are Harbingers of 'Great Changes' in Societies and in Economics" published. http://bit.ly/2y4LJZQ
- Drop in Gold Output Expected as Mining Companies Lose Money @SchiffGold http://t.co/99AYQaC37g
- The US Is Already in a Recession; Get Ready for Some Crazy Monetary Policy https://t.co/AEiTmQxmT7 @SchiffGold
- CEO who raised price of drug by 5000%
- Dow Jones down 6% from its highs & falling fast. How much more will it fall before the Fed stops pretending the data supports a rate hike?
- 🔴 Ep. 315: 2017 GDP Growth Looks like Obama 2.0: http://bit.ly/2CRziVM via @YouTube
- The governor of Puerto Rico is asking for a $5 billion loan. But Puerto Rico already has over $70 billion in debt it can't repay!
- Question: If the Fed is about to interest raise rates how will they prevent the stock market from crashing? Answer: By not raising rates!
- Knowing the difference between currency and money is critical to making smart decisions about preserving wealth: https://t.co/lFjOYROT4I
- WSJ Fed mouthpiece John #Hilsenrath just reported #theFed is unlikely to raise rates in 2015. Anyone who listens to me knew this in Jan.
Friday, March 25, 2016
What is your opinion on Reaganomics?
It is often claimed that the statistics prove that Reaganomics failed. It is also claimed (by different people who claim the former) that Reaganomics was the closest the US has come to implementing an Austrian type approach to economic policy. If both claims are true then why should we keep trying to implement these types of policies, such as decreased taxes, other than for the moral reasons which we all are aware of. And if one, or both, of the claims are false, why ? I am posing this question out of curiosity to what this community thinks. I am not advocating that one or both claims are true or false.