Natural Citizen
American Made
- Aug 8, 2016
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I dunno. You'd have to catch me in the mood. I'm not really at the moment, other than to share my thought on it just in passing there, when I read your post about it.....and? What rabbit hole are we not going down?Lol, obviously I completely misunderstood who you were talking about. But I do want to hear this, if you want to elaborate.
Problem is people wanna debate everything for pages and pages. And it's always some compartmental aspect of a much broader discussion which itself gets ignored and never even realized when everybody is competing to support their own compartmentalized perception of things. And I'm not falling into that trap with you. It's more so just something of interest to me. I'm not trying to change the world anymore. Nor am I interested in changing people's minds any more. Nor do I wanna serve as anyone elses utiity in their endeavor to do so. It's just where I'm at these days.
I'm actually getting ready to jump off here anyway.
A free market, as defined by Adam Smith, is a market free from "rents", as described by Henry George. You are correct, that is not the case currently, not even close. But current actions, and the current administration, are only seeking measures to exacerbate the problem.
While we have a central bank, absolutely necessary in the modern economy, we do not have central planning. That is the definition of Communism, a command economy verses a demand economy. We still have a demand economy.
Deficit financing. It can be a bad thing. But it can also be good, very good. The key factor, the cost of borrowing. If you get a better return on your funds than you pay in interest, well hell, borrow some more. But it is a wicked mistress that can go south in a hurry.
I'm more of Mises guy, Winston.
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