DislikedThanks Kno, it was a great article. It is really late morning for me though. So maybe brunch time reading.
I am posting a chart that best shows (to me) the unnatural nature of PA on the Dow for the last 5 days. Almost all of the gains over the last week occurred in the low liquidity futures market.Ignored
http://mises.org/daily/5823/Support-...titute-in-2012
DISCLAIMER
Even though the link is somewhat commercial in nature my purpose is posting it is not for anyone to support their goals.
However on the other hand what they speak of is the truth. I get their emails and recently in Montreal on November 19, 2011 I met the President of the Canadian company that is trying to have The Austrian School of Economics introduced into Canadian Colleges.
The facts are clear. They are the future and there is much to learn.
Enjoy reading their free articles and educate yourself and understand where we are and where we are going.
Good Bye Keynes and Welcome Austrian and TRUTH !!!
Look at this Snippet...
More and cheaper money benefits those in government. The idea that academics can manage an economy appeals to campus Keynesians who have never run a business or made a payroll. The real economy of voluntary exchanges is foreign to them and fraught with danger. They are convinced that government must police the market, taking care of the weak and controlling the strong.
Well the other camp has shown their economics does not work.
Bernake is a disaster. What a fine mess you got us in. Who said that ? Was it Laurel or Hardy ?
http://www.patfullerton.com/lh/movies/finemess.html
NFP at 8:30 AM EST
Expectations are high so be careful if they are not met.
I have no idea which way it will go at the moment.