> On Nov 30, 2009, at 9:47 PM, Kevin Nardi wrote:
>
>> Hi all, new to the list, and already being opinionated. :)
Nice to have you on the list and participating, Kevin.
> Well, that turned into an essay. Sorry about that!
You must be a newbie. If you think *that* qualifies as an essay, you haven't
asked Billy about anything involving comparative religion. :-P
> The author doesn't do a very good job of presenting the arguments of the "Fed
> bashers," so I thought I'd chime in. Those opposed to the Fed are opposed for
> three major reasons:
I'll let Billy respond to your points at his leisure, I'll just provide some
background material (since we've discussed this before offline).
http://en.wikipedia.org/wiki/Federal_Reserve_System
http://en.wikipedia.org/wiki/Gold_standard
http://en.wikipedia.org/wiki/Austrian_School
http://en.wikipedia.org/wiki/Monetary_policy
And leave you with one koan to ponder:
http://en.wikipedia.org/wiki/Hacker_koan#Uncarved_block
> "What are you doing?", asked Minsky.
> "I am training a randomly wired neural net to play Tic-tac-toe", Sussman
> replied.
> "Why is the net wired randomly?", asked Minsky.
> "I do not want it to have any preconceptions of how to play", Sussman said.
> Minsky then shut his eyes.
> "Why do you close your eyes?" Sussman asked his teacher.
> "So that the room will be empty."
> At that moment, Sussman was enlightened.
Talk to you later,
-- Ernie P.
P.S. I know Kevin from my church, http://kingsway.us
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