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Very Hot Topic (More than 25 Replies) The Future is Libertarian (Read 2157 times)
Jeff
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Re: The Future is Libertarian
Reply #80 - Aug 6th, 2018 at 6:54pm
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BobK71 wrote on Aug 6th, 2018 at 3:59pm:
Right, the burden of moral obligation to repay debt is really only imposed on the powerless.  In fact, rigorously imposed.  And so 'rigorous' for poor countries that we force them to borrow in the first place!

Not me. I'm not part of that "we" that "forces" anyone to borrow money.

How is it done? You are obviously talking about coercing some government to borrow when it doesn't want to...
  
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SkyChief
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Re: The Future is Libertarian
Reply #81 - Aug 6th, 2018 at 10:37pm
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BobK71 wrote on Aug 6th, 2018 at 5:00pm:
Is state power (in alliance with the financial savvy of bankers) used in manipulating the prices of money and other financial assets?


Of course it is.  The US routinely purchases or sells other currencies in order to devalue them. 

For example, from September to October 2003, Japan sold 2.7 trillion Yen in order to devalue its currency. Much of it was purchased by the United States through the New York Federal Reserve.
  
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Jeff
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Re: The Future is Libertarian
Reply #82 - Aug 7th, 2018 at 7:21am
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SkyChief wrote on Aug 6th, 2018 at 10:37pm:
Of course it is.  The US routinely purchases or sells other currencies in order to devalue them. 

For example, from September to October 2003, Japan sold 2.7 trillion Yen in order to devalue its currency. Much of it was purchased by the United States through the New York Federal Reserve.
Yes, it's the independent private Federal Reserve Bank that does it though, as you noted, not "the US".
  
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BobK71
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Re: The Future is Libertarian
Reply #83 - Aug 8th, 2018 at 11:30am
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Jeff wrote on Aug 6th, 2018 at 6:54pm:
Not me. I'm not part of that "we" that "forces" anyone to borrow money.

How is it done? You are obviously talking about coercing some government to borrow when it doesn't want to...


Check out the book 'Confessions of an Economic Hit Man' written by an insider.

Forcing poor, weak and small countries to borrow is a great way to promote demand for the dollar.
  
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BobK71
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Re: The Future is Libertarian
Reply #84 - Aug 8th, 2018 at 11:34am
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Jeff wrote on Aug 7th, 2018 at 7:21am:
Yes, it's the independent private Federal Reserve Bank that does it though, as you noted, not "the US".


Ha, ha, a distinction with a difference, for a change!
  
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SicklersDink
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Re: The Future is Libertarian
Reply #85 - Aug 8th, 2018 at 11:58am
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BobK71 wrote on Aug 8th, 2018 at 11:34am:
Ha, ha, a distinction with a difference, for a change!


The title of the thread begs many questions. But no answers are forthcoming yet. It's a pity we can't stay on topic and hold the LP's feet to the fire.

It's really the only way we can ever hear of some sensible reform coming to the libertarian agenda.

Indeed, the future may very well be Libertarian! It's not too late to make some changes!
  
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Jeff
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Re: The Future is Libertarian
Reply #86 - Aug 8th, 2018 at 4:26pm
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The title of the thread begs many questions.
It's an assertion Dick. If you think it's wrong, you should tell us why. Thanks.
  
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Andrew_Armao
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Re: The Future is Libertarian
Reply #87 - Aug 8th, 2018 at 11:18pm
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SkyChief wrote on Aug 6th, 2018 at 10:37pm:
Of course it is.  The US routinely purchases or sells other currencies in order to devalue them. 

For example, from September to October 2003, Japan sold 2.7 trillion Yen in order to devalue its currency. Much of it was purchased by the United States through the New York Federal Reserve.


I utterly despise artificial preservation of inferior markets. Just let it ROAR.
  

Andrew J Armao
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Jeff
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Re: The Future is Libertarian
Reply #88 - Aug 9th, 2018 at 4:59pm
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Andrew_Armao wrote on Aug 8th, 2018 at 11:18pm:
I utterly despise artificial preservation of inferior markets. Just let it ROAR.
WOW! I think...
  
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Jeff
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Re: The Future is Libertarian
Reply #89 - Aug 9th, 2018 at 5:01pm
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Andrew_Armao wrote on Aug 8th, 2018 at 11:18pm:
I utterly despise artificial preservation of inferior markets. Just let it ROAR.
Don't forget to mention that its Central Banks that are doing it! Kiss
  
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