 ThoughtCouture wrote:
what agenda? what econ? what 4 universities? at the very center of macro economics is the assumption that the market (left unregulated) will go to a state of equilibrium. and the effect of banking (lending/debt...creating debt out of thin air...not based on any sort of reserve) is considered negligible.
yeah...watch the videos and then holla back... |
the agenda; that gov't knows how to control and invest. see the causes for all the past recessions and solyndra
auburn, uchi, george mason and most of the ivies
i think i see the point you're trying to make with equilibrium. it's of course affected by supply and demand. most argue that a company will slow down production to bring supplies down and shift the demand curve to the left, but corporations only have that power because they we helped to get to that "too big to fail" size
in a true free mkt, other businesses can swoop in and take their business and bring prices back to equilibrium. but of course, small businesses have a hard time due to regulation.
and banking is another topic....do you really wanna talk about that?
jr.
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