"Money - a convention, but the economic processes are assessed only in monetary terms. What does it lead to? Imagine that the cars go down the street and cast shadows on the wall. Imagine that passersby catch those shadows on the wall to stop the car. Have you imagined? Economists who use monetary measures to stop the crisis, are similar to those passersby."
Ending the Financial Arms Race
"Money - a convention, but the economic processes are assessed only in monetary terms. What does it lead to? Imagine that the cars go down the street and cast shadows on the wall. Imagine that passersby catch those shadows on the wall to stop the car. Have you imagined? Economists who use monetary measures to stop the crisis, are similar to those passersby."
http://andreyshvets100.blogspot.com/2012/08/i-know-how-to-stop-global-crisis.html
Is Inflation Returning?
Inflation can be useful: http://andreyshvets100.blogspot.com/2012/08/i-know-how-to-stop-global-crisis.html
Economics in Denial
Hello
Intellectual new model and a new theory of value: http://andreyshvets100.blogspot.com/2012/08/i-know-how-to-stop-global-crisis.html