I’ve discovered A.Econ 6 months or so ago and I have been ordering & reading as many books as possible. Just last night I finished Mises “The Causes of Economic Crisis” and it’s like reading the biblical book of Revelations. Written in 1933 & before yet describing the error in today’s economic policies as if written for today.
I find all these bailout programs very disturbing and upsetting.
More than anything, the fact that these people in power are doing the exact opposite that they should be doing and they don’t even realize it. Ron Paul has been warning & pointing out their fallacies for years - his words always fall on deaf ears.
I feel as if there is nothing we can do until the entire US economy fails, which I am sure we will see the blame placed on capitalism in favor of Socialism. Will we be lucky enough to have complete collapse of Keynesian economics, return to a free market with a free banking system with no Federal Reserve and a Gold standard?
I have never felt so much Gloom and Doom, not from the current economic situation but from how damaging these future trillion dollar deficits, money inflation and socialist Obama policies will have on our future.
What are your thoughts? How well do YOU sleep at night?
I buy hard currency (gold/silver). And I know that when their economic house of cards falls on them, we will have the opportunity to prove to the masses that we knew what we were doing all along, and we will be in charge if they have any sense.
I think many of them DO realize it and do it anyway. All most politicians care about is power and the money they can steel from taxpayers. Paul and Flake may be the only two exceptions. How well do I sleep? I am concerned but this crisis can be an opportunity if we use it to educate the public.
I find that sleeping in the fetal position is of great help, but seriously what can one do when a bunch of child-raping, massmurderers run your lives and are the prime cause of all that is wrong with the world? Nothing at the moment it might seem. Sorry, but opening this forum may lead to a deeper depression for yourself seeing as there are no answers (btw I learned about A. Eco 6months ago, too and I had the same feelings).