Monty Pelerin's World

Economics, Finance and Politics Through The Prism of Classical Liberalism

Monty Pelerin's World

Archives for August, 2011

Bernanke’s Rhetorical Method

From reader EBW comes an analysis of Ben Bernanke’s rhetorical methods: Bernanke employs an elementary tactic in rhetorical obfuscation; i.e., presenting a problem without explaining the cause but going immediately into the prescription to be taken to counter its deleterious effects. This tactic is helpful because it exonerates the FED from being implicated in the [...]

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My Country My Ass

Americafailing1)

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Reader Comments — Don’t Wait for the Collapse

Good Comment from reader EnoughRope on What Will It Be Like After the Collapse? Monty, instead of waiting for a collapse, Governors throughout the nation, and those along the southern border such as Perry, Brewer, and Jindal, should use the power of their elected offices to nullify federal laws and regulations which are clearly intended [...]

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The Fed Fosters Revolution and World War III

The Federal Reserve is in over its head. It is trying to solve a fiscal policy created by feckless, cowardly politicians. Monetary policy cannot solve this problem. For a while it was able to cover it up somewhat. That point has been passed. Today, the Fed will make another announcement. There is little question that [...]

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What Will It Be Like After the Collapse?

Those who wonder what will happen when the economy/government collapses may not have to wonder for long. Things seem to be deteriorating rather rapidly both here and abroad. Karl Denninger speculated about what a collapse means and provided a partial list of what he expects: Every pension fund blows up.  All of them.  Many doubled [...]

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Tea Party “Terrorists”

This film provided me with a “Juan Williams moment.” You recall where he said on NPR about being nervous when he saw Muslims in garb boarding his plane. That got Juan fired, but that’s another issue. I have Juan’s reaction (fear) every time I watch this scary video. What terrible monsters these Partiers!

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