StockFetcher Forums · General Discussion · What Happened to Free Markets?<< 1 2 3 >>Post Follow-up
jrbikes
624 posts
msg #54560
Ignore jrbikes
modified
9/4/2007 7:56:01 PM

LOL,LOL,LOL,LOL, Ima gene pool reject! (get it)?

we will all be complaining when the dollar is worth -0 and your corn on the cob is $150.00 an ear!

you wont buy it anyway, cause you aint got no teeth! LOL,LOL!

(Wish I was Retired)

TheRumpledOne
6,358 posts
msg #88476
Ignore TheRumpledOne
2/20/2010 11:45:43 PM

Financial experts are a dime-a-dozen. Practically anyone writing about business has a guaranteed formula for success in the market. Somehow, these self-proclaimed authorities cannot restrain themselves from revealing their secrets to all and sundry. Harry Browne is different. He makes no claims to have the master key that will unlock the door to riches. In fact, he thinks that no one can predict the future of particular investments.

He bases his advice on application of basic economics, not on hunches or arcane mathematics. Browne strongly supports the free market and believes that government interference with the market is bound to fail. He argues, for example, that an “unfavorable” balance of trade is a myth: Americans should welcome foreign goods, since consumers will benefit from their low prices. Taxes drag the economy down and should be lowered, not raised.

Browne emphasizes three weak points in the United States economy likely to produce a crisis. Deficit spending drives out efficient production and replaces it with boondoggles. The Federal Reserve Board acts erratically, sometimes increasing the money supply at an inflationary rate, other times cutting back too sharply. The banking system is very weak, and many savings and loan institutions will probably go under in the next few years.



The Economic Time Bomb First Published: 1989
Author: Harry Browne

======================

Who listened?



StockFetcher Forums · General Discussion · What Happened to Free Markets?<< 1 2 3 >>Post Follow-up

*** Disclaimer *** StockFetcher.com does not endorse or suggest any of the securities which are returned in any of the searches or filters. They are provided purely for informational and research purposes. StockFetcher.com does not recommend particular securities. StockFetcher.com, Vestyl Software, L.L.C. and involved content providers shall not be liable for any errors or delays in the content, or for any actions taken based on the content.


Copyright 2016 - Vestyl Software L.L.C.Terms of Service | License | Questions or comments? Contact Us
EOD Data sources: DDFPlus & CSI Data Quotes delayed during active market hours. Delay times are at least 15 mins for NASDAQ, 20 mins for NYSE and Amex. Delayed intraday data provided by DDFPlus