Recent content by FreeMarketEconomy

Its kinda ironic that people who say that a depression would not be their fault are the same ones telling people to pull their money out of banks.

Anything can be a competing currency. Why force the world currency to be gold? Why not just let the market decide?

It's all about psychology and the lack of confidence, such as in the financial market forcing people to conduct a run on the banks. All this fear propaganda is just adding the potential to an economic collapse. Hmm, I'm curious to know that since a nutcase like President Chavez is siding with...

If you have such a great idea then people would spend their hard earned money on your idea. Its like if you had a great business idea. It is only a really good idea if people actually invest their hard earn money on it. If they don't then and are just all talk then there is probably isn't a...

Are you trying to indirectly insult us Americans by saying that people in Venezuela, like President Chavez, are smarter than the American people? What if the American people already know this and understand that the advantages far outweigh the disadvantages?

Since you want a socialist Democrat controlled US Executive branch and Congress, why not just move to Venezuela since you admire him so much? ... If Ron Paul miraculously becomes US President he would still have to square off against the the socialists in Congress.

If the Democrats control the executive branch and congress then surely there will be a lot more socialism in the US; bigger government, more government spending and higher taxes.

Everyone who hates the USA wants to spread fear that the USD is worthless, which will force it to be self fulfilling. These anti-Americans want the US economy to collapse, thus why they are against the emergency bailout. Their preaching of doom and gloom, whilst claiming the emergency bailout...

*Predicts there will be another housing collapse sometime in the long future*

??

Dr. Bernanke is one of the top economists in the world who has heavily studied the Great Depression and has published many articles regarding it. Do you really want an economist who specializes in rural infrastructure of California to try to solve this financial crisis?

In academia there are people who argue for both sides, just like how academics that can justify socialism and capitalism or democracy and fascism. People are just trying to take advantage of the crisis for their own personal gains. These same people are not front line economists who are faced...

Those 3 problems seem very subjective. This is probably just another political campaign. And, what establishes someone as an economist? Can I say that I'm an economist because I've taken university courses in economics?

Hundreds of financial institutions are having difficulty in this market! Banks around the world are also having difficultly! Everyone knows the big names in the US that had difficulty in this market: Countrywide Financial Corporation Bear Stearns Fannie Mae Freddie Mac Lehman Brothers Merrill...

The lack of liquidity is a result. The main problem is that no one can accurately value securities. This forces a loss of confidence in the whole market. Thus, market itself cannot get liquidity. Do you really want the government to continuously print money to give the illusion of liquidity...