This time, Max and Stacy talk about the scandals of the US deficit ceiling insanity defense and about the US diplomats acting as a Boeing sales force. We read comments on a 'progressive' website that sees nothing insane in the US dollar and a 14 trillion dollar deficit but mocks the calls for a return to a gold and silver standard as a wacky idea. In the second half, Max talks to J.S. Kim about game theory and gold standards.
[Posted at the SpookyWeather blog, January 9th, 2011.]