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Panic Buying from Speculators: Casino Capitalism
|
11
comments (11 topical, 0 editorial, 0 hidden)
Re: Casino Capitalism
(
none / 0
)
Oil prices soaring
in Euros
has nothing to do with the Fed printing Dollars.
When the capital development of a country becomes a by-product of the activities of a casino, the job is likely to be ill-done.
— John M. Keynes
by
Migeru
(
migeru at eurotrib dot com
)
on
Sun May 11th, 2008 at 12:46:56 PM EST
[
Parent
]
Re: Casino Capitalism
(
none / 0
)
Don't forget the dollar/euro exchange rate does have an affect.
How much of an affect is open to question.
by
ATinNM
on
Sun May 11th, 2008 at 12:53:48 PM EST
[
Parent
]
Re: Casino Capitalism
(
none / 0
)
I don't find that intuitively obvious.
When the capital development of a country becomes a by-product of the activities of a casino, the job is likely to be ill-done.
— John M. Keynes
by
Migeru
(
migeru at eurotrib dot com
)
on
Sun May 11th, 2008 at 01:26:18 PM EST
[
Parent
]
Panic Buying from Speculators: Casino Capitalism
|
11
comments (11 topical, 0 editorial, 0 hidden)
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