The Mudcat Café TM
Thread #127472   Message #3000582
Posted By: Bobert
05-Oct-10 - 07:58 PM
Thread Name: BS: The Tea Party a Terrorist Organization??
Subject: RE: BS: The Tea Party a Terrorist Organization??
Both of you would benefit from a decent college Econ 201 course...

Perhaps rather tham just spew out Republican anti-obama, anti-government bullshit ya'll should check out:

http://www.newyorkfed.org/aboutthefed/fedpoint/fed38.html

...and pay particular attention to the area on that report where it deals with the reasons from devaluation...

Now, I will asdmit that the first time devaluation was expalined to me in college I was thinking, "Huh?".... But I sat thru an hour long explanation and at the end of the hour I got it...

Of course, knowing the two of ya'll like I do ya'll prolly just default to "The Fed must go"... I fully expect that but the folks there know alot more about how currencies work than either of ya'llz... Or me, for that matter...

B~