The Great Deformation
by David Stockman · first published 2013
5mentions
1recommended by
5HN commenters
2014–2020first – last mentioned
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Meltdown by Thomas E. Woods The Great Deformation by David Stockman The Fed Flunks: My Speech at the New York Federal Reserve Bank by Robert Wenzel Economics in One Lesson by Henry Hazlitt
on “Ask HN: Book recommendations for understanding financial systems?” ↗…"Confidence Game" by Christine Richard "Mouth Matters; How Your Mouth Ages Your Body and What YOU Can Do About It" by Carol Vander Stoep "Adventures in Stochastic Processes" by Sidney & Resnick "The Great Deformation" by David Stockman "Efficient Electrical Systems Design Handbook" by Thumann & Franz "The Goal" by Eliyahu Goldratt "Notes on Discrete Mathematics" by Miguel Lerma "Stochastic Calculus with Infinitesimals"…
on “Ask HN: What books have you read in the first half of 2016?” ↗…fine. The author says as much: "Compared to what I see as the inevitable “dual death spirals of MMT”, letting all those banksters fry in 2008 looks a lot more palatable in retrospect. David Stockman’s Great Deformation shows how the economy would have fully recovered by 2010 or 2011 instead of being where we are now: trapped at the Zero bound and headed toward democratic socialism and MMT."
on “Disturbing Rise of Modern Monetary Theory (MMT)” ↗…was ground out of the backs of America’s savers and depositors; or it was scalped from the massive financial bubbles the Fed has generated in the Wall Street casino." [2] [1] http://www.amazon.com/The-Great-Deformation-Corruption-Capit... [2] http://davidstockmanscontracorner.com/the-greater-abominatio...
on “U.S. ends TARP with $15.3B profit” ↗…in danger. It wasn't a bank bailout to save accounts... that would have been covered by an existing program like the FDIC[2]. It was, rather a hedge-fund / gamblers bailout. [1] http://www.amazon.com/Great-Deformation-Corruption-Capitalis... [2] Technically the FDIC has a trivial amount of money, this link [3] shows how laughable it is in the casino of Wall St. [3] http://demonocracy.info/infographics/usa/fdic/fdic.html
on “The Tough Decision to Leave the Classroom” ↗