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    1. C

      Gas prices hit $3 a gallon

      I think it is still speculative as to whether or not he will get the position. I hope he does. So far I've only read one of Ron Paul's books. It was good. The source of his ideas is the Austrian school of economics. The site mises.org has done a good job of disseminating the same knowledge...
    2. C

      Gas prices hit $3 a gallon

      Those who know about this not make a killing, they are just suffering less than everyone else. When you see rising prices of the things they now own, realize it is not that they are gaining wealth, but the "yardstick" for measuring that wealth (the US dollar) is shrinking.
    3. C

      GOP already looking to negotiate raising the debt ceiling

      Why not, what if the don't grant an authorization to increase the permitted debt limit? Would this not attain the end goal of attaining a balanced budget? Once there is a hard limit on how many bills get paid, would they not finally be forced to make a priority call on what is important is...
    4. C

      Same Scam - Different Decade

      At the risk of overemphasis, this might be the news of the decade. Reason: What is going on here is that the gov't/Fed is creating money "out of thin air", and placing it into circulation. The increase in quantity of money, adds zero real wealth, but simply debases the value of currency...
    5. C

      Same Scam - Different Decade

      The two party system stands because it is more or less the product of the type of voting system used in this country. The system used here is called "plurality voting" where each citizens casts one vote per office. This provides an incentive for pragmatically minded voters to vote for either...
    6. C

      Stocks, Gold, Silver, and the printing press.

      I fully agree, and likewise follow an investment approach supposing that Keynesian thought will continue to dominate (namely to minimize balances consisting of federal reserve notes - i.e. no bonds or US treasuries). Nevertheless, Austrian ideas are still in general not well known (perhaps this...
    7. C

      Hello from NWI

      Thanks for the welcome, and links shared, they were very informative.
    8. C

      Stocks, Gold, Silver, and the printing press.

      I would like to offer some reasons why the hyperinflation should be seen as the most painful option, rather than the least painful option. First, the wealth that exists comes about because of production, and the diminishing of productivity causes a loss of wealth. For the economy runs on the...
    9. C

      Stocks, Gold, Silver, and the printing press.

      The article on how inflation will occur is correct in recognizing that the a Keynesian perspective on economics dominates within the Federal Reserve bank leadership, and is thus a valid predictor of how the Fed will act. The author of the article smokingman quoted follows this view as well. I...
    10. C

      Senate Election - INGO style

      Ethics is the crux of the argument on protectionism vs. free trade. Fredric Bastiat long ago refuted the arguments for protectionism which you have begun asserted here. I would like to humbly recommend his work "sophisms of the protectionist" (freely available on the internet, even as an audio...
    11. C

      First-Ever TIPS Auction at Negative Yield: What It Means

      Not so. The government measure of prices called CPI is understated, so inflation (aka currency debasement) will end up returning to a TIPS buyer less purchasing power than they deprive themselves of today by purchasing a TIPS. The real trouble will start when the Fed starts buying bonds in...
    12. C

      Indiana Property Tax Cap Amendment

      A caution for those considering checking their property value by MLS or real estate agent. I read somewhere (maybe it was lewrockwell.com) that since the real estate collapse of the past couple years, there has been common among real estate agents to place into the MLS system a higher sale...
    13. C

      Hello from NWI

      I'm newly registered to the site, and been a resident of IN for almost a year. I look forward to what I can learn here.
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