Quantcast
Channel: Robert Wenzel Addresses The New York Fed, Lots Of Head-Scratching Ensues
Browsing latest articles
Browse All 50 View Live

So tell me this had a happy

So tell me this had a happy ending, all the bankers gave him a standing ovation, carried him off on thier shoulders and later that night all downed a jug of Round Up. No, you say? happy ending only...

View Article



Scratching head makes bald

Scratching head makes bald people.

View Article

Please state the "social

Please state the "social good" for the field of "Economics".Then feel free to elaborate as to why they should be given authority to set public policy.

View Article

Money that is not debt? Wait,

Money that is not debt? Wait, the answer is gold, silver or stuff like that? For the others, money is debt.

View Article

Benefits are not anathema to

Benefits are not anathema to libertarians, State coercion that requires we pay for them, whether we want them or not is. It is about voluntary taxation ( not by representation). If I want a road and am...

View Article


You don't have to approve of

You don't have to approve of every word he utters, or support every stance on the issues he has, to see something of worth in the above speech. __________________________________________ What is worth?...

View Article

First, explain why there has

First, explain why there has to be a social good and second, give an example of any social good- then I will rip it apart. You see, there are pluses and minuses to every form of work.Economists do not...

View Article

I am the multiple man since

I am the multiple man since my take is worth chinese trolls. Ah, good. Since the debt ceiling is doomed to be zero, how long before those who prevent it from raising to be excluded from the political...

View Article


Because it is not an

Because it is not an alternative? US citizens have big feet, you hear them coming. Coercion is not the issue for US citizens. If so, they would be concerned by the heritage they have thanks to...

View Article


My assertion:  "Economics" is

My assertion:  "Economics" is not a science.  Economists are merely opinion-writers that lack provable claims.  It is ridiculous that anyone takes them seriously.Yes, political leaders use these...

View Article

US citizens are duplicitous.

US citizens are duplicitous. They do not speak about what they do. The troublesome consequence: most conversations rely on innuendos. Conversations make sense when the innuendos are accepted. This give...

View Article

"I will look on in amazement

"I will look on in amazement as your fellow Keynesian brethren in the government create an environment  of sticky non-downward bending wages." I look on in amazement at the moral underpinnings of...

View Article

+1 for Mish...

+1 for Mish...

View Article


Anyone see Liesman asking

Anyone see Liesman asking Goofball #1 kids, it's take your kids to work day don't ya know, "What is your Opinion of the Fed's Operations Max"?How classic would it have been:"Well Mr. Liesman, I find...

View Article

When the Fed turned its gold

When the Fed turned its gold over to Treasury in 1934, they got $42 dollars for the gold like everyone else.  Those certificates will always be worth $42/oz for as much as the Fed turned over.  They...

View Article


I disagree with the author,

I disagree with the author, there are a few constants in our ecomonic system:1.  Given a chance to be greedy MFers....people will be.2. In order to facilitate 1. above, people will lie. 

View Article

Hi Max Fischer, you have a

Hi Max Fischer, you have a correct point, but you start up side down. You premise is that debt is there and should be a given, an acceptable given. The banking system has been invaded by hte Fed and...

View Article


"First of all, Wenzel is an

"First of all, Wenzel is an advocate of a capitation taxation, otherwise known as "head count" tax.  In other words, we should figure out the total balance of debt in the the US, divide that number by...

View Article

Absolutely EPIC!

Absolutely EPIC!

View Article

Economics is just as much a

Economics is just as much a science as any other science. Economics lacks good data, both current and historical. The estimate if how far 500 gallons of fuel will get you is going to be inaccurate...

View Article

We now know that the prints

We now know that the prints 5.5 in air-backed dollars for each dollar of GDP growth.   

View Article


We disagree on what is this

We disagree on what is this thing called "science". Hard science:  Can predict deterministic results based on known/proven principles.  Examples:  Physics, Math, Civil Engineering (e.g.,...

View Article


Ever wonder why the

Ever wonder why the "inflation rate" is targeted at 2%?   Why not 1.44% or 4.5%?  My thinking is that it takes 36 years to double prices at a 2% compounded rate.  That's a generational change and that...

View Article

Odious debt In international

Odious debt In international law, odious debt is a legal theory that holds that the national debt incurred by a regime for purposes that do not serve the best interests of the nation, should not be...

View Article

Won't happen.   For the same

Won't happen.   For the same reason that we won't have a draft either.   When taxes and wars and their expense is placed in the face of each citizen there will be revolt.   No way TPTB want their...

View Article


Economics is a synonym for

Economics is a synonym for politics in todays Western society, not science.It belongs along the social sciences, where there is no strict causality other than human decision making. Nothing is...

View Article

...and skaters are actually

...and skaters are actually water skiing.  On a layer of water produced by the pressure of the skate blade which melts the ice.

View Article

. You don't have to approve

.You don't have to approve of every word he utters, or support every stance on the issues he has, to see something of worth in the above speech.__________________________________________What is worth?...

View Article

you got us and are exactly

you got us and are exactly right US citizens need to consume things like food and gas and building materials as opposed to all the other countries citizens who live on air and sunshine. 

View Article



and every audience member

and every audience member thought "it would have been worse"

View Article

. I am the multiple man since

.I am the multiple man since my take is worth chinese trolls.Ah, good.Ah....no. You are the multiple personality disorder man, the Chinese troll, living under the bridge, because your take is the...

View Article

Massive man crush on this

Massive man crush on this guy. It's like he walked up to the emperor and gave him the finger.

View Article

I take issue with the

I take issue with the statement: "There are no such constants in the field of economics since the science of economics deals with human action, which can change at any time."Economics is a statistical...

View Article


Absolutely fabulous -

Absolutely fabulous - speaking truth to power, who of course won't listen, but there you are. Got your wieners, marshmallows, popcorn and soda handy? It's going to be quite a show, when the Crunch comes!

View Article

AnAnonymous said: US citizens

AnAnonymous said:US citizens are duplicitous.Is this the why of your duplicitous duplicity? You now claiming self US citizen are? Funny speech making of Chinese citizenism trained monkey.They do not...

View Article

Quite a bit of psychology and

Quite a bit of psychology and sociology is bullshit, not even soft science. And Austrian school economists tend to do a good qualitative, although not quantitative, job of predicting outcomes.

View Article


Agree on both

Agree on both points.However, Austrian economists have historically ignored the role of debt/leverage and secular (generational) economic shifts, although if I had to "pick-a-school", Austrian does...

View Article


Wonder if this science could

Wonder if this science could predict the intensity level of the next meeting......1st meeting... that resulted in high level meetings in this very building.2nd meeting....intense meetings being held in...

View Article

"We can predict with immense

"We can predict with immense accuracy exactly how far a rocket ship will travel filled with 500 gallons of fuel. " Typical economist. We do not know how far a "rocket ship" will travel on 500 gallons...

View Article

Max ma boy, you want us to

Max ma boy, you want us to print like crazy!? When you print like crazy everyone puts thier hand out, when everyone puts thier hand out the money dont go far, when the money dont go far you go broke,...

View Article

how to maintain the status

how to maintain the status quo and make sure what you have robbed is not robbed from you.When the country goes broke those who have been living by robbery (entitilements) will find themsleves out in...

View Article


Audit Bitchez...

Audit Bitchez...

View Article

I'm amazed he made it out

I'm amazed he made it out alive.

View Article


Endlessly posting

Endlessly posting anti-American diatribes makes for a Chinese citizenism troll.

View Article

When to the discussing they

When to the discussing they evils of world, denialistic blobbing-up Chinese Citizenism, and its ancillary doctrine of running dog Long March Algebraic Coconutism, is the most of it.Chinese citizenism...

View Article


My Assertion: medical science

My Assertion: medical science is not science. Doctors are incapable of curing anything, they can only treat symptoms. Thus, their assertions are merely opinions that can not be proved.Or, physics is...

View Article

Everyone else got money, not

Everyone else got money, not certificates.  You did nothing to answer the question. Not the end of story.

View Article

Math is a language, not a

Math is a language, not a science. If civil engineering met your standard, bridges wouldn't fail or roofs collapse. Chemists could tell you why a compound damages your body or at least keep...

View Article

Stuck on Stupid, You confuse

Stuck on Stupid,You confuse economics with econometrics.  You really shouldn't take issue with statements about topics of which you have very little understanding.

View Article


New York made treaty with the

New York made treaty with the Iroquois without getting Congressional approval, some of the land purchases are the subject of modern day claims by the individual tribes. Thanks. Regards, graduate school...

View Article

Browsing latest articles
Browse All 50 View Live




Latest Images