Recent content by Stone

Here's what happens when the Fed buys mortgage backed securities. The American taxpayer will receive $40 billion a month in worthless securities. The holders of the mortgage backed securities will receive $40 billion a month in cash. The only thing that will be stimulated is the wallets of men...

The blame game only divides this nation even further than it already has become. None of the issues addressed in this forum will be solved unless we come together as a nation. Using labels such as Democrat, Republican, Libertarian etc. will evoke strong emotions on all sides. Emotions cloud the...

Milton Friedman made those comments in his video series entitled "Free to Choose" that aired on PBS in the 80's

are you saying that it is the governments jobs to prevent booms and busts? it seems to me that if they would not interfere that would end the boom and bust cycles. People are very steady and disconnected in their habits and needs so won't often cause booms and busts, but, totalitarian liberal...