RE: RE: RE: RE: EmotionsHello Curvature:
For those of us that are still wrestling with Einstein's concept of
curved space, and those of us who note that even economic gurus don't always agree when interpreting how the world works, and because I don't have $4,999 for the full course, could you please tell me:
1. What you see positive in the following charts, and
2. If there are positives, for whom?
The velocity of money might not be as high as it could be, and the effect of the US's arsenal of nuclear weapons like the velocity of money is held in check. But the fact remains that those weapons are out there, and their very presence has a profound bearing on what the world does next. Might that not apply to US dollars as well?
I'm a Canadian, so the effects of problems in the economy have not (yet) hit me yet as much as it has hit our friends below the border. When I read your arguments, I get the impression that if asked what the weather is like right now out there, you would probably check the TV before taking a look out the window.
Straighten me out, please. Notwithstanding all you experience, I have been around probably longer than you, have witnessed the Great Depression, have worked in many different industries, have had my own business, and have studied some economics taking an undergraduate degree in the'60's.
But, despite what everyone says, economics is not a cut and dried science. It is also not a simple world of supply and demand of wheat in a open market. If you really understand it all as you imply, then I'm willing to learn. So, please, let me know your answers to the the two questions above.
sunwood