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Uploaded by RichardMaybury on Sep 18, 2009
Richard Mayburys books and newsletter are endorsed by Congressmen Ron Paul and by the late Harry Browne. This speech was given by Richard Maybury at the Wealth Protection Conference on May 2, 2009. In the speech, Maybury explains three things that the government and mainstream press seem not to understand. These are:
1) The economy is not a machine, it's an ecology made of unimaginably complex biological organisms, meaning people.
2) Models. There is no single economic model, like there is in Newtonian physics. Obama probably does not realize his advisors are giving him conflicting advice because they have different models.
3) Velocity. The speed at which money changes hands is dependent on emotions.
Check out the Daily Bells interview with Richard Maybury athttp://www.earlywarningreport.com/interviews.html
1) The economy is not a machine, it's an ecology made of unimaginably complex biological organisms, meaning people.
2) Models. There is no single economic model, like there is in Newtonian physics. Obama probably does not realize his advisors are giving him conflicting advice because they have different models.
3) Velocity. The speed at which money changes hands is dependent on emotions.
Check out the Daily Bells interview with Richard Maybury athttp://www.earlywarningreport.com/interviews.html
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