Tuesday 26 April 2011

Wow. Rick Ackerman, but finally with a side of humble pie that was always missing from the recipe.

Finally, a Hyperinflation Argument That Persuades

2 comments:

DP said...

Only The Truth

Only the truth she reckons she holds
Only the truth she reckons she holds
The way she walks is scripted and taught
Don’t give her an eye or she’ll sniper your mind
You can see by her hands that she’s been there before,
She lifts up her glass as if to bring down the mass
Only the truth she reckons she holds
Only the truth she reckons she holds
Climbing the stairs as if to follow her prayers
Her golden laced boots may stop you right there.
Hand on your arm as she greets all your friends,
Then with a twist of lime it seems a bitter end.
Only the truth she reckons she holds
Only the truth she reckons she holds
The girl with many different strategies.
Wakes the wolves to curse them to their knees.
She’s in the one by the riverbank so it’s easier for her to drown you.
And she claims.
Oh she claims…
It’s only the truth she holds in her hands

DP said...

Rick Ackerman April 26, 2011 at 8:47 am
Don’t kid yourself. Eloquence has nothing to do with it, nor does length or elaborateness. I challenge you to produce a single quote outside of FOFOA that explains, for starters, how the Masters of the Universe would be cashed out at 100 cents on the dollar, able to reap a windfall from fiat money that had not yet gone into a death dive. And how about his idea that home prices could hyperinflate without allowing all mortgage debtors an easy out? FOFOA’s ideas are not just gussied up versions of the standard arguments; rather, they have re-imagined the endgame in sufficient detail to take on deflationists point-by-point on their own turf.

More commentary at the Facebook page

Visit the page to find more news, commentary and community... (Like the page and you'll also see comments on links above - jus sayin.)

Twits can also apply here...