Hi Anemone!
Thanks for your book recommendations! I heard about Economics in One Lesson. However I asked about deflation, not inflation. I just found this article of adequate lenght about What You Should Know About Inflation: http://mises.org/daily/2914
However, it does not mention deflation. ![]()
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Do you think knowing too much about economics is the end all of all social sciences? Now I feel like I want to learn more about anthropology, geopolitics and philosophy.
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You mention lot productive capital. What do you mean by this is, for example a Berkshire Hathaway / Warren Buffett investment? (Even if it gained less from 200-2012 than gold, which is not an investment per definition.)
Sure, it’s not an investment forum and you are not a certified investment advisor (who knows? - but there are this stupid rules regarding who can give advice, LOL) but what source can you recommend on investment advice? If you are anexpert on the topic(?). Thanks!
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And how do you know your utopia turns out to be a capitalist one and not a socialist one?
Again, I refer mack to myslef I feel like wanting to know more about other social sciences now, not only economics.
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Anenome, you are leraned man. What is your take on my other topic about
LETS, Local Exchange Trading Systems, local money, the Swiss WIR system, etc.
I can’t believe many so smart people here and only 1 answer so far (which I don’t get, by the way). Sure, it’s not Austrian economics but it’s out there in the world and it works. And the Austrians have nothing to say about it?