Truth in Lending

I fear to permit access to this Rodrik Piece, simply because I know that countervailing factors actuate to functionally freeze the Keynesian multiplier in a very inefficient position. The placement of that Position is very debatable, but Economists would spout the Numbers every other Word, if it ever exceeded 1.3 for the Keynesian multiplier. It highlights a genuine tendency in Economics; for real World work, put a decimal point and two zeros in front of that number. One can hear the murmur in every Econ Graduate Dept. in the Country: "I took Economics in the first place, because I thought these Numbers were important." Real Defeatism can be engendered within young Students by examination of the number of ways One can introduce a equal level of the Keynesian multiplier; and the maturity of the Student finally reaches the awareness that multiplier levels are always rather inconsequential.

Here is another blog, in this case by Paul Krugman, where he attempts to explain the innate resistance to real balance adjustments through equation modeling. The real reason why there is little real balance effects is Ownership delay in Consumption, allowing the real alteration in the Money Supply to affect all sectors before the Owners thought to utilize the Money. This is a simple Statement that the real balance effect of Money Supply changes will always revert to Zero over time, as Supply equalizes Demand. Sounds complicated? It is the old Story of Move It or Lose It, advantage to be gained only with the Ripple effect.

Cactus cannot understand the mentality which becomes entrapped within the fraudulent debacles of the World. He claims that they should have been smart enough to escape before the collapse, and does not understand the Criminal as Victim, which is common to all such escapades. The Front consists of first-time Criminals, they possessing a good Record and trustworthy appearance without skeletons. They have never before been given any type of personal power, making them totally resistant to Leave-taking from their Positions, and lacking any knowledge of how to escape Prosecutorial power. They become prime Scapegoats for the entire Injury, while having acquired a probable less than 5% of the criminal Profits, and truly befuddled as to where the rest of the Proceeds had disappeared. Cactus has to understand the connotations of the name ‘Fall Guy." lgl