tag:blogger.com,1999:blog-4290163255778893789.post6603324819928401413..comments2024-03-16T05:19:07.061-04:00Comments on Retirement Blues: Quote of the Day - Fourth of July FireworksJazzbumpahttp://www.blogger.com/profile/07337490817307473659noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-4290163255778893789.post-32764921937483144872011-07-09T21:11:22.634-04:002011-07-09T21:11:22.634-04:00Art -
Intriguing idea. I don't have the Frie...Art -<br /><br />Intriguing idea. I don't have the Friedman book, but I do have lots of outrage.<br /><br />I'm up to my eyeballs at the moment. Things should be a lot simpler in August.<br /><br />Shoot me a reminder at the end of the month. No promises, but I will look at the concept.<br /><br />Cheers!<br />JzBJazzbumpahttps://www.blogger.com/profile/07337490817307473659noreply@blogger.comtag:blogger.com,1999:blog-4290163255778893789.post-74256510560877419222011-07-09T09:44:51.526-04:002011-07-09T09:44:51.526-04:00Jazz,
Off topic, but I have an idea for a post. I...Jazz,<br /><br />Off topic, but I have an idea for a post. It is about a version of the denominator problem, and I know you are big on that. And it is about the justification for fighting inflation the way we do, which is a flawed justification.<br /><br />I can't write the thing, because it needs a political point of view. It needs outrage. So I turn to you :)<br /><br />If you're interested, and if you have a copy of Milton Friedman's <i>Money Mischief</i>, in Chapter 8 there is a footnote that identifies the data he used. <br /><br />What I would ask is that you work through Friedman's selection of data and his calculation, evaluate it for yourself, and see whether you think it is reasonable or a scam.<br /><br />My views are briefly expressed in <a href="http://newarthurianeconomics.blogspot.com/2011/07/relative-to-ngdp.html?showComment=1310217815091#c2726977826764157743" rel="nofollow">this comment</a>. I have more on the subject, when you want to compare views.<br /><br />I can pass along a couple relevant pages from Friedman if you want.<br />ArtThe Arthurianhttps://www.blogger.com/profile/16501331051089400601noreply@blogger.comtag:blogger.com,1999:blog-4290163255778893789.post-57070334976362977452011-07-07T05:10:19.344-04:002011-07-07T05:10:19.344-04:00Jazzbumpa-
I've been around, just not commenti...Jazzbumpa-<br />I've been around, just not commenting much. I've been trying to avoid breaking the Abraham Lincoln rule: Better to remain silent...<br />I think I agree with your assessment on the Paul issue. This seems like an attempt to undo the Fed a piece at a time. Next thing you know, these maroons will be suggesting that we just retire those "non-existent" SSI bonds. <br /><br />Word verification is hayejc which could be a misspelling of Hayek. Oh, the irony.nanutenoreply@blogger.comtag:blogger.com,1999:blog-4290163255778893789.post-31282890108238638032011-07-06T20:27:13.473-04:002011-07-06T20:27:13.473-04:00Hey nanute -
It's been a while - how ya doin&...Hey nanute -<br /><br />It's been a while - how ya doin'?<br /><br />I like Yves Smith, but she is seriously missing the boat on all the downside risks of Paul's plan.<br /><br />I'm not sure Noah has it all right, either, but blowing up the Fed is reckless and irresponsible - just what you wold expect from a clown like Ron Paul.<br /><br />That the other Rethugs are worse does not make him right, or even rational.<br /><br />Cheers! (I suppose)<br />JzBJazzbumpahttps://www.blogger.com/profile/07337490817307473659noreply@blogger.comtag:blogger.com,1999:blog-4290163255778893789.post-84644932816196199802011-07-06T05:51:13.701-04:002011-07-06T05:51:13.701-04:00Speaking of blowing up the Fed, what do you make o...Speaking of blowing up the Fed, what do you make of this idea? http://www.nakedcapitalism.com/2011/07/ron-paul-suggests-using-fed-to-end-run-debt-ceiling-impasse.htmlnanutenoreply@blogger.com