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Re: The Only Proper Function of the U.S. Federal Reserve
Posted: Tue Jul 25, 2017 12:36 pm
by bobevenson
Government should not use fiscal policy or create inflation to spur the economy. The economy will seek its own level like water itself. This is the absolute and unchanging policy of the conceptual AEP.
Re: The Only Proper Function of the U.S. Federal Reserve
Posted: Tue Jul 25, 2017 12:41 pm
by Philosophy Explorer
bobevenson wrote: ↑Tue Jul 25, 2017 12:36 pm
Government should not use fiscal policy or create inflation to spur the economy. The economy will seek its own level like water itself. This is the absolute and unchanging policy of the conceptual AEP.
That's what brought on the Great Depression of the 1930's.
PhilX
Re: The Only Proper Function of the U.S. Federal Reserve
Posted: Tue Jul 25, 2017 3:24 pm
by bobevenson
Please, you know nothing about the depression or economics in general.
Re: The Only Proper Function of the U.S. Federal Reserve
Posted: Tue Jul 25, 2017 3:30 pm
by Philosophy Explorer
bobevenson wrote: ↑Tue Jul 25, 2017 3:24 pm
Please, you know nothing about the depression or economics in general.
It's in the history books so it's factual. It's YOU who doesn't know anything about economics nor the Depression, dum-dum. Furthermore you're not acquainted with me so you don't know what's in my mind. So please, go peddle your delusions elsewhere.
PhilX
Re: The Only Proper Function of the U.S. Federal Reserve
Posted: Tue Jul 25, 2017 8:12 pm
by bobevenson
You're so mentally challenged you even have to glom unto my dum-dum term for you.
Re: The Only Proper Function of the U.S. Federal Reserve
Posted: Tue Jul 25, 2017 8:59 pm
by Philosophy Explorer
bobevenson wrote: ↑Tue Jul 25, 2017 8:12 pm
You're so mentally challenged you even have to glom unto my dum-dum term for you.
What's the matter dum-dum? Am I getting through to you?
PhilX
