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The USCCB doesn't bother with these fine distinctions between helping the poor via private charity and helping the poor via Govt programs. They ate just concerned with helping the poor, period. I think that is a far healthier attitude than Mr. DeHaven's. And he can go on at length about the failure of the last five decades of "the great society", but much good came of it.
So, really, your idea (or Paulus Textor) is not the same as what Stossel is talking about. You want to return to the Gold standard, and have us all biting on money all the time, lest we be ripped off.
My natural pessimism would lead me to skip the immediately-below post...
As of 16:39 EVERY post is 'below'!
As of 16:39 EVERY post is 'below'!
"Precious metal money prevents such gaming. You can't just create it at whim." Are you going to tape it to the back of your credit card or something?
"Precious metal money prevents such gaming. You can't just create it at whim." Are you going to tape it to the back of your credit card or something?
"This is exactly what the Fed Res is doing now, because they have no competition" Exactly how are the members of the Fed making money for themselves? "If there were competition, then the liars and cheats would soon be out of business. " Then either you are flat-out wrong or their is no competition in the United states economy, because we have no shortage of liars and cheats. This is a prime example of what I wrote about in my original post.
"Liters and Gallons" Stossel would have us try and work with "stossel-gallons", "prager-liters", etc, all of the sizes that they decide to make them.
It seems to that Stossel is advocating that, instead of a single private corporation setting monetary policy, he wants LOTS of private corporations setting monetary policy! No thanks, I think one private corporation screws things up enough,
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