… then won’t a recession result when private agents increase the money supply, too? Say there’s a gold standard in place; gold is money, and the supply of gold is the money supply. If there’s random year to year fluctuations in gold production, or superior capitalist production allows an ever incre…

Ban-Evader, you know as well as I do that this entire discussion (such as it’s been) has been theory-laden. So this is just more intellectual dishonesty on your part. Try again.

No it hasn’t. It’s been pages and pages of the “logic” of Austrian “economics” being twisted into novel geometric kaleidopretzelplexes and you’ve apparently only been skimming the parts around where you’ve hopped in and out of the thread. But there have also been certain posters who have substitute…

Yes it has. Your OP itself is theory-laden. Thanks for proving my point. Be mad all you want - I couldn’t care less.

What’s your point? That my point is wrong, presumably?

My point is that this whole discussion has been value-laden. But you knew that already. I suggest you quit playing around.

… And that refutes my point how ?

See, this is what I mean. You’re not interested in serious, rational discussion. You just want us to help you pat yourself on the back over your alleged moral superiority. FYI, I consider you to be morally bankrupt.

You think I’m morally bankrupt for not granting Goldman Sachs a fundamental right to make proprietary trades with its clients money? I doubt it. Maybe you do, though. But you still haven’t established that libertopia wouldn’t have a business cycle or that financial derivative credit growth would…

Thanks for implicitly admitting that you employed the red herring fallacy in this post - and therefore that you’re being intellectually dishonest. That amounts to a complete concession of your position. In other words, you seem to have no intellectual leg to stand on whatsoever. I’ll add that your …

If recessions are caused by expansion of the money supply...

Economics Economics Questions

alsdjfalsdjfos September 26, 2012, 10:12am 208

I value helping people and creating and protecting jobs, you value defending the right of bankers to fuck the economy at all costs.

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