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- Is there a term for the opposite of unemployment rate?
- People who were buying stocks in 2006 had no idea of the magnitude of the financial crisis that would hit the market in 2008. http://bit.ly/2mxJskU
- @Awyee707 They have it backwards. Growing economies increase production, which kips a lid on prices, or causes them to fall. Weak economies result in less production and higher prices.
- I think people are overestimating the benefit of the economy to the tax cuts, and they’re ignoring the drag on the economy of rising interest rates. http://bit.ly/2mxJskU
- India governor Y.V. Reddy says "It seems highly inappropriate to discourage gold imports, which meet women’s needs" http://bit.ly/2tX0E9h
- #Trump should stop tweeting about how high the stock market is, how great the economy is doing, & taking credit for both. It will backfire!
- Which States Rely Most on Federal Spending?
- The Theory of Free Banking
- Why are markets so excited about the Atlanta Fed's Q2 GDP forecast? If it's as accurate as their Q1 prediction we are likely in recession!
- [Schiff Podcast] Dive into the current gold market conditions, and see why they’re good for buying: http://bit.ly/2n3axer
Saturday, February 6, 2016
Mises Thought Capitalism Would End at Some Point?
I just finished David Graeber's book, "Debt." It doesn't align 100% with my market views, but is full of anarchist brain-candy. Anyway, Graeber claims von Mises was among those believing capitalism is temporary. Google proved useless to verify this assertion: "Almost none of the great theorists of capitalism, from anywhere on the political spectrum, from Marx to Weber, to Schumpeter, to von Mises, felt that capitalism was likely to be around for more than another generation or two at the most." - Graeber Anybody know where Mises said this?