You really should attempt to spell better and trying to get rid of a bit of the colors. It is an unnecessary chore to have to translate your posts.
look @ what u just said
since u want to get technical......ur reason indicator- "because" was used to give reason to ur conclusion. ur conclusion isn't that clear. 1. u go from the internet to the feds again. then u say- . well again that is conjecture. It appears that u want to simplify things....thats ok, i know it's more dynamic than that.
Even with the quotes that you weren't capable of putting into the reply I can say that you are just trying to pick at me because I made you look like a chump, it happens. Simplifying things is important.
$ goes ^ beacuse the government & feds purposefully do it. see what u are not explaining is the fiscal policy that plays the part along w/ the CBO, granted too by the power invoked in art. 1 sec. 8 U.S. constitution. then their is monetary policy which is where BERNAKE comes in. THEY ARE 2 VERY DIFFERENT THINGS BUT can be equally impactful.
I would argue that article 1, section 8 does not authorize the actions of the federal reserve. The issue being that the Federal Reserve is not part of the government at all. The fiscal policy is the entire actions of the Federal Reserve. Bernanke outright said the Fed caused the Great Depression.
BUT if one were to use ur premise about the gov't. & fed then one can make a conclusion that "unfettered capitalism" did, in big part, cause the GREAT DEPRESSION. Capitalism can, almost, only survive in a DEMOCRACY. DEMOCRACY can be the breeding ground to it. It was an abstract but went applicable......after MERCHANTILISM. Their is a correlation to capitalism & democracy that , i believe is agreeable. if NOT let me know i will provide examples to all of this! NOT 1 TIME DID U ASK FOR AN EXMAPLE OR REFERENCE.
IF U WANT TO HAVE A HEALTHY ARGUMENT- U SHOULD KNOW (I assume u have a formal education, i shouldn't assume.....but iam only HUMAN AREN'T I)
I could point out that America is not a democracy, but why bother. I could also point out that a democracy is not the ideal situation for capitalism or even a good situation. Or perhaps I could point out the difference between a democracy and a republic. What exactly would I ask you for an example of? Capitalism blowing children up?
I should know what? Knowledge is knowledge, it matters not the way in which it is gained. That being said, I would consider myself a fairly educated person.
i also enjoy how u use my words, or misrepresent them- 1. I NEVER SAID: I SAID UNFETTERED! SO THE ESSENCE U LIKE TO TALK ABOUT IS VERY WRONG. BECAREFUL ABOUT MISQUOTING!
IT'S FUNNY HOW U MIS-REPRESENT ME THEN USE MY QUOTE THAT DOES NOT EQUATE TO UR PREMISE. UR CHAIN OF REASONING APPEARS FLAWED, W/ REGARD TO THIS.
What? lol.
BOTTOM LINE IS WE DID HAVE, IN LARGE PRT., @ 1 TIME UNFETTERED CAPITALISM. NOW, ARGUEABLY, WE HAVE AN OLIGARCHY.......but that too seems like an oversimplification.
+ u never responded to the question about AYN RAND! u seem to select the things u have some knowledge about and disregard the rest.
if u wanna debate.....ur right! i agree this is the place to do it.......I'M DOWN W/ a healthy debate! ur move!
You are blaming capitalism for things that it didn't do. Even if I were to agree about it being unfettered capitalism, I would still not agree that it caused the Great Depression since I know that to be incorrect. We have an imperfect system, and always have. Unfettered capitalism means unfettered for everyone. Allowing big business to bribe politicians into passing laws and destroying competition is not unfettered capitalism. I present the railroads as an example of your 'unfettered capitalism'. Anyone who has read about the history of American economics knows that at no point have we had an unfettered capitalist system.
I missed one question in 20. It happens. I have read Ayn Rand, yes. I am not a huge fan of her writing, but I haven't read any of the fiction stuff in a long time. Her ideas are interesting and I agree with many of them. I do not like her writing style though.