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Which one owns your heart? [Copy link] 中文

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Post time 2006-3-2 08:03:13 |Display all floors
What's the monetary policy of china's central bank, inflation targeting or price-level targeting?

Chinese monetary policy, currently, is seems to follow an McCallum-type rule that takes into account the People's Bank of China's emphasis on targeting the rate of money supply growth. So, is our time to think about the inflation target? What's our real requirement, full-employment target or high wages target?
What's your opinion?

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Economics is a box of chocolate, you will never know what you'll get from it.

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Post time 2006-3-2 12:07:09 |Display all floors

Smart Money

This shows that everyone has been taught to emphasize cash flow when in fact we should all be concentrating on net worth.

One big secret to becoming wealthy is quite simple: DON'T SPEND MONEY ON RANDOM JUNK. Most millionaires surveyed have never paid much for a suit, live in middle-class areas, and usually buy used cars. If you're buying $3,000 watches, you probably don't have much spare money whatever your income is. If you live in a fancy area, you get dragged into the endless race of buying luxury cars, fashionable clothing, and trinkets, and the money just bleeds away.


http://www.amk.ca/books/h/Millionaire_Next_Door

The banks send out credit cards to encoursge people to buy that RANDOM JUNK.  They get to collect interest on the loans after the consumer is no longer interested in it.

Our economic theory depends on the worker/consumers being dumber than the conomists.


http://www.totse.com/en/politics ... icwargam179613.html

psikeyhackr

[ Last edited by psikeyhackr at 2006-3-2 12:11 PM ]
Kill an economist for KKK
Karl, Kenneth & Keynes

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Post time 2006-3-8 22:12:22 |Display all floors

What kind of economist should be killed?

Yes. But worker and consumer are blind.
Economics is a box of chocolate, you will never know what you'll get from it.

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Post time 2006-3-13 02:14:55 |Display all floors

Shoot them at the Vietnam Memorial

What kind of economist should be killed?


British and American.  LOL  That is a joke, a parody of "Kill a Commie for Christ."

Yes. But worker and consumer are blind.


Who runs the educational system?  Whose fault is it that the worker/consumers are blind?  American politicians talk about education all of the time.  I never heard them say accounting/personal finance should be mandatory in the schools.  But they often want to raise taxes giving educztion as an excuse.  I trust people with some knowledge who think they are smart to hide the important information from the people they want to rip off, and they manage to convince themselves they have superior intelligence.

"All warfare is based on deception." - Sun Tzu

That includes Economic Warfare.

http://discussions.pbs.org/viewtopic.pbs?t=28529]

psikeyhackr

[ Last edited by psikeyhackr at 2006-3-13 02:56 AM ]
Kill an economist for KKK
Karl, Kenneth & Keynes

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Post time 2006-3-13 09:45:46 |Display all floors

china

Let's wish our country  werestronger and stronger.

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Post time 2006-3-13 11:10:19 |Display all floors

Stronger for who?

Originally posted by shishuzheng at 2006-3-13 09:45
Let's wish our country  werestronger and stronger.


There is an article in this weeks Time magazine about unrest in rural China.  They told of a case of the provincial government confiscating land from farmers for use by foreign investors.  The farmers staged a protest and the police came with electric batons.  A 12 year old girl was beaten to death.  

How does the nation become stronger by destroying its own people and taking productive land out of agricultural production making the country more dependent on foreign food sources?  This idea of fast GNP growth being the path to success is shorsighted bullsh!t.


psikeyhackr
Kill an economist for KKK
Karl, Kenneth & Keynes

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Post time 2006-3-13 18:12:53 |Display all floors

sound and just system

as for ecomony, we need a sound and just system for market ,and then we must implement it .
if we intend to improve ourselves,we must experience this. Now,who can do it ?I want to know.

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