Chris Knudsen on Life & Business

6 Responses to “Cramer: “This is Armageddon…the fed is asleep!””

1. I wish I understood this issue more. I’ve done some reading on it, but I’m not sure I’ve wrapped my head around it entirely. The video has certainly re-perked my interests, however. If you have any more resources, I’d love to see them.

   On a related note, you should see the documentary “Maxed Out” if you haven’t already. It reviews the consumer credit industry and covers the loads of money lenders make from people who probably shouldn’t qualify for loans in the first place. It’s definitely one-sided, but also worth your time. (If you have Netflix, you can “Watch it now”.)

   Left by Jordy on 08/06/2007

2. Jordy:

   I wish I could point you to one site that has all the answers but I can’t. I’ve been reading up on this for a long time. This fall will be interesting.

   Thanks for the movie reference.

   Left by Chris Knudsen on 08/06/2007

3. Jordy:

   Here’s the video:

   http://tinyurl.com/2nacqt

   Left by Chris Knudsen on 08/06/2007

4. Jordy,

   Here are some links to get you started:

   http://del.icio.us/cboyack/federalreserve

   

   Left by Connor on 08/06/2007

5. What needs to happen is the extermination of the Federal Reserve. Go to http://www.fee.org and type “federal reserve” into the search engine and you’ll get a lot of articles. Here’s one that is worth a quick read: http://www.fee.org/pdf/the-freeman/1205Ebeling.pdf. The need for a Fed presumes that the gov’t has the knowledge to regulate the money supply in a manner that the market can’t. Hayek called this “pretense of knowledge.”

   Left by Gman on 08/10/2007

6. [...] Do you think Bernanke gets it now? Do you dig it? Share:These icons link to social bookmarking sites where readers can share and discover new web pages. [...]

   Left by Chris Knudsen on life, business, and entrepreneurship » Dow down over 1000 point in less than one month on 08/15/2007

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