Monday, July 7, 2014

Krugman’s Bathtub Economics

In that context, “money” is just an intermediary: it facilitates efficient exchanges between producers, but does not give rise to incremental “demand” that is independent of goods and services already delivered. Accordingly, when a credit bubble bursts there is no loss of honest, production-based aggregate demand. What disappears is artificial monetary demand that was originally enabled by the central bank and the financial system, not the productive main street economy.

http://www.zerohedge.com/news/2014-07-07/krugman%E2%80%99s-bathtub-economics

'Cheese Nun' leads abbey in production of the traditional, gourmet food

http://www.nhregister.com/general-news/20130227/cheese-nun-leads-abbey-in-production-of-the-traditional-gourmet-food-2?viewmode=default#photo1

Pleasant Hill Grain Berkey® Water Purification Systems

http://www.pleasanthillgrain.com/berkey_light_big_berkey_water_filter_british_berkefeld_portable_purifier.aspx

Ooops! Data from government agency shows US cooling trend

According to the USCRN temperature readings, U.S. temperatures are not rising at all – at least not since the network became operational 10 years ago. Instead, the United States has cooled by approximately 0.4 degrees Celsius, which is more than half of the claimed global warming of the twentieth century.

http://americanthinker.com/blog/2014/07/ooops_data_from_government_agency_shows_us_cooling_trend.html

Why Congress Must Reopen the TWA 800 Investigation

http://americanthinker.com/2014/07/why_congress_must_reopen_the_twa_800_investigation.html

Very Quietly, Obama Administration Is Reuniting Illegal Alien Kids with Their Families in U.S.

http://pjmedia.com/tatler/2014/07/05/166115/?singlepage=true

Global warming computer models confounded as Antarctic sea ice hits new record high with 2.1million square miles more than is usual for time of year

Read more: http://www.dailymail.co.uk/news/article-2681829/Global-warming-latest-Amount-Antarctic-sea-ice-hits-new-record-high.html#ixzz36mWWxnNf  Follow us: @MailOnline on Twitter | DailyMail on Facebook