The economic cycle was RE: Was Re: PHYSICS: force fields (RANT)

From: Rafal Smigrodzki (rafal@smigrodzki.org)
Date: Thu Jun 12 2003 - 10:25:59 MDT

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    Samantha wrote:

        If economies have cycles
    > that throw millions of the highly trained out of work for many months
    > then those cycles damn well need to be fixed! Saying after the
    > fact, in an economy that goes out of its way to create as much
    > personal debt as possible, that people should learn saving, is quite
    > cold.

    ### Indeed. That's why - down with the Federal Reserve! Down with the single
    currency! Long live multicentric banking! Long live gold, silver, ladinum!
    Say no to centralized sources of credit!

    ------------------------------
    >
    >>
    >> Anyway, what's wrong with skilled Indians having jobs? Who is to say
    >> they deserve them less (if that matters) than USians?
    >>
    >
    > What is wrong with people losing everyting they own through no fault
    > of their own and despite great work ethic, skills, knowledge and so
    > on? What is wrong with a world that is largely capricious
    > economically?

    ### Certain types of political interference in markets.

    Seriously - what is the reason for the economic cycle? (Keynesian
    explanations not welcome)

    Rafal

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