[Chugalug] A comment on the Bitcoin .. fraud
ub3ratl4sf00 at gmail.com
Mon Apr 15 15:34:37 UTC 2013
True, the problem arises when your economist is not an unbiased source,
i.e. they work specifically for an investment firm or bank of some sort.
For the most part, research economists are less likely to be biased towards
their source of income.
Its more of the 'We don't want bad news' bit, if you say something contrary
to the companies interests its not in your interests.
On Mon, Apr 15, 2013 at 11:32 AM, James Nylen <jnylen at gmail.com> wrote:
> Let's say "most" economists instead of "all". I believe that most
> economists failed to see the signs of a crisis brewing, in part because
> they were entrenched in the same system that created the crisis. I see no
> reason to believe that this has changed.
> On Mon, Apr 15, 2013 at 11:29 AM, Stephen Kraus <ub3ratl4sf00 at gmail.com>wrote:
>> That is a false equivalency Dave, not every economist is a bank shill.
>> That is like saying every stud is a horse, but not every horse is a stud.
>> Assuming that economists were all cheer-leading bad investments and doing
>> whatever the banking industry wanted is rather worrying.
>> On Mon, Apr 15, 2013 at 11:17 AM, Dave Brockman <dave at brockmans.com>wrote:
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>>> On 4/15/2013 11:07 AM, Aaron welch wrote:
>>> > -AW
>>> > PS - Most of these assholes also created the housing crisis.
>>> Fixed that for you!
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