Economics - August 2006

I believe the Federal Reserve prints paper money at rates which far exceed the increase in wages and investments, thus stealing wealth from us via inflation (i.e. causing prices to rise faster than our wages & investments). Give you a money printing press and you will steal wealth and be put in jail for counterfeiting. Why allow bankers to?

My main sources:

http://answers.yahoo.com/question/;_ylt=AglxAiMq6pxZiVHj7sGuQPlIzKIX?qid=20060620132028AAlHLz8
http://www.kitco.com/ind/Fekete/jul262006.html
http://worldnetdaily.com/news/article.asp?ARTICLE_ID=50935

My related sources:

http://answers.yahoo.com/question/index;_ylt=AvkqcuPfKpYVQETF222Ivv_sy6IX?qid=20060801100650AA97zce
http://answers.yahoo.com/question/index;_ylt=Avk1ES6aHmMqcV9fnb_M2b3sy6IX?qid=20060801090740AAVq3t4
http://answers.yahoo.com/my/profile;_ylt=AuQG_2kWS7N_LYDn0BqHaMbsy6IX

If you disagree, please provide some factual sources which clearly prove that the Federal Reserve is not what I say it is.

2006-08-02 06:28:32 · 5 answers · asked by Shelby M 1

Example of perfectly competitive firms: gas stations.

2006-08-02 05:14:51 · 5 answers · asked by Carista W 1

2006-08-02 04:03:33 · 2 answers · asked by CENTURY TECH 1

2006-08-02 03:24:29 · 5 answers · asked by Anonymous

Lately, toast keeps getting stuck in our toaster and the smoke sets off the alarm. I said we should buy a new toaster but Dad insists the best way is to take the batteries out of the smoke alarm.

2006-08-02 03:12:47 · 15 answers · asked by Anonymous

2006-08-02 03:06:11 · 1 answers · asked by Ivory Tower Critic 1

In classical theory, full employment implies that all persons willing to work at the preaviling wage rate will find employment, and the only possible state of unemployment would be frictional displacement, that happens between two jobs. Basically, they were assuming that in the long-run, there was full employment of resources. I understand that assumptions are important in economics, and this particular statement is the basis for many theories. My question is.. It must have been very obvious to these economists that full employment was NOT preavailing in the economy. YET they chose to disregard the truth, and build their thoeries on unreal assumptions, thus creating models that are useless and irrelevant in the real world. What were the implications of this assumption on classical theory? What justifies, if anything does at all, the attempt to create a body of knowledge that has very limited applacation?

2006-08-02 01:48:39 · 4 answers · asked by vambu 1

2006-08-02 01:26:25 · 2 answers · asked by foluke o 1

Hong Kong, Singapore, Taipei & Tokyo. Who will become the financial centre of Asia Pacific? PS: Shanghai is excluded in consideration list because of its system and nature. It could only be financial centre of PRC.

2006-08-02 00:56:05 · 4 answers · asked by RMIT Graduate 1

2006-08-02 00:33:13 · 1 answers · asked by Pipo 1

I'm sure inflation has a big role but im not sure please help.

2006-08-01 23:16:15 · 4 answers · asked by lowrider122002 2

2006-08-01 20:45:07 · 2 answers · asked by nish 1

do you have to get it from the bank or what?

2006-08-01 16:25:40 · 18 answers · asked by sweet_xoxo 1

2006-08-01 15:39:41 · 16 answers · asked by Sarah A 1

2006-08-01 12:08:20 · 5 answers · asked by Anonymous

In our play a blackout on the furnished living room set is followed almost at once by lights up on an empty room with an estate agent showing a couple round and we the actors are expected to help carry off all the furniture because of the quick change. I'm an actor not a removal person and there's no extra money. "I don't mind a joke but f*ck a pantomime" as an old actor friend of mine used to say. How are you used in your work?

2006-08-01 07:26:24 · 7 answers · asked by Spotlight 5

chris brown

2006-08-01 06:55:59 · 6 answers · asked by prettyapril12. 1

Forget the 70s, this is an entirely different situation. There are war profiteers who are making vast amounts of profit. They promise to plow it back, but you know better. This is like WW11 when rationing was strict and war profiteers were put out of business. Furthermore, many noble americans sacrificed to aid the war effort. Mr Bush asked us to all spend. Then gave a humongous tax break for the wealthy. It will take a long time to develope a clean alternate source of fuel, meanwhile can't we show the same nobility of spirit? Ration by miles per gallon and limits on miles driven. Don't tell me Americans are too soft to sacrifice for the good of the nation. And please, leave the global economy out of things.

2006-08-01 06:48:30 · 2 answers · asked by ksteveclark@sbcglobal.net 1

Adam Smith's Invisible Hand therory. What real world examples of his therory are in the world today?

2006-08-01 06:34:33 · 9 answers · asked by Anonymous

My reasoning:

http://jasonhommelforum.com/forums/showthread.php?t=209&highlight=capital+gains+IRA+IRS

See also the links on this Question for more info about my vision of imminent hyperinflation:

http://answers.yahoo.com/question/index;_ylt=At_Gqqez54puDwAd0FvkVALzy6IX?qid=20060801090740AAVq3t4

Actually the hyperinflation started a long time ago and only recently feeding back into prices (see exploding gap between nominal GDP/income vs. M3/debt):

http://coolpage.com/commentary/economic/shelby/GDP%20vs.%20M3.gif
http://mwhodges.home.att.net/summary.htm#debt

2006-08-01 06:06:50 · 4 answers · asked by Shelby M 1

2006-08-01 05:31:11 · 3 answers · asked by raphael c 1

4.6 billion oz gold + 40 billion oz silver in world:

http://silverstockreport.com/email/The_Money_Chart.html

1 oz gold + 7 oz silver per human. How many oz you own? (31 g = oz)

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Most silver & gold is in super-elite bankers' vaults:

http://jasonhommelforum.com/forums/showthread.php?p=1214#post1214

"One not be so sardonic to think he was only 1 to discover silver dirt cheap at $3. “wolf pack” also discovered & accumulated, _very_ quietly"

http://jasonhommelforum.com/forums/showthread.php?t=226&highlight=super-elite

"caused all silver & gold 2b dumped by investors to super-elite at all time low prices (super-elite control dollar printing so price was free)"

http://jasonhommelforum.com/forums/showthread.php?p=944#post944

"Gold is capital 4 control (of masses) while concentrating Gold power. Promote world rule"

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Gold is money, not paper:

http://kitco.com/ind/Watson/may182006.html
http://coolpage.com/commentary/economic/shelby/GDP%20vs.%20M3.gif
http://silverstockreport.com

2006-08-01 05:07:40 · 5 answers · asked by Shelby M 1

what are the internal and external factors affecting shares?

2006-08-01 02:40:28 · 3 answers · asked by Anonymous