Validuz, I am curious what would have Ron Paul done during the Great Recession 2008?

E

Ender

ValtreX
Veteran XX
I am reading Freefall by joesph stiglitz and am doing a book review.

Any economist worth his weight would know stiglitz is a self-proclaimed keynesian [big regulation, big gov't expenditure, etc etc].

He makes some valid points on what should have happened and respectfully he called this recession a long time ago (shortly after 2006 and also when bernanke ignored reports of the insane sub prime mortgage market).

I don't think more regulation would have fixed this problem, we just needed efficient regulation.

This recession was truly everyone's fault. The fed, the gov't, the banks, the regulators, and mostly us, the consumers.

Curious to see what Libertarians would have done.
 
Libertarians would have paved the streets with gold and given everybody super gangsta silver teefs.
 
doing book reports in at university of hawaii :lol:

begging tw to give you imput on your book report :rofl:
 
The libertarian solution would be to get the same result, but spend 3 trillion less dollars getting there.

or are you talking about what would have been the libertarian solution to the crisis before it broke?
 
CarpeIppon said:
The libertarian solution would be to get the same result, but spend 3 trillion less dollars getting there.

or are you talking about what would have been the libertarian solution to the crisis before it broke?
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How would you get the same result?

I am pretty sure the libertarian solution would have been to do nothing at all, which by the way, would have been disastrous.
 
Drg0n+GoD+ said:
doing book reports in at university of hawaii :lol:

begging tw to give you imput on your book report :rofl:
Click to expand...

Rilke said:
My one of my professors called my work a "book report" I knew I had gotten an F.
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Lol,

None of you are in any real university.

A book review is not a book report.

Secondly, Hawaii has a great Economics department for UG compared to schools like Oregon/Oregon state, etc etc.

pwnd
 
Ender said:
Lol,

None of you are in any real university.

A book review is not a book report.

Secondly, Hawaii has a great Economics department for UG compared to schools like Oregon/Oregon state, etc etc.

pwnd
Click to expand...

Don't worry, we'll try to help you out before nap time and afternoon recess.

Spoiler
 
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Ron Paul would have said that if we would have gone back to the gold standard and did away with the stupid Federal Reserve, we never would have been able to get into this mess in the first place.
 
1) Ron Paul is not a libertarian, he's a retard.
2) Ender thinks he is worth way more than he is.
3) Being a libertarian is a pipe dream and there is no doubt about that.
4) While everyone is accountable for this so-called recession, it was mostly the banks and the government. When you're a bank and you know that you are purposely writing bad loans, you should probably give up that business.
5) Where you go to school really means shit. There are hurdles at every school and the majority of them are bullshit. You can learn no more and no less than you allow yourself to at any college.
 
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