No Country in the history of the world has ever taxed, borrowed or government spent their way to prosperity!
And I do not see that happening now.
On Mar 11 06:32 PM Paul H. M. wrote:
> So the author wants us to return to a system in which I would lose > my deposits every ten years. > > If wealth is measure by quality of life and the luxury of a low-stress > existence, we have far greater wealth under our current system.<br/> > > While I agree that government can get out of hand at times, what > we have now if obviously far better than what we had when we did > things the libertarian way. > > I'm 30 years old, and never lost my deposits once. If I lived under > system that this author wanted, I would have lost all my cash or > gold that I ever deposited, three times over. > > While it hurts to lose 20% of my net worth in this current recession. > I'm still fairing much better (and so are the rest of you) than I > would under the non-Keysesian system.
Gold Is Going to Gain [View article]
No Country in the history of the world has ever taxed, borrowed or government spent their way to prosperity!
And I do not see that happening now.
On Mar 11 06:32 PM Paul H. M. wrote:
> So the author wants us to return to a system in which I would lose
> my deposits every ten years.
>
> If wealth is measure by quality of life and the luxury of a low-stress
> existence, we have far greater wealth under our current system.<br/>
>
> While I agree that government can get out of hand at times, what
> we have now if obviously far better than what we had when we did
> things the libertarian way.
>
> I'm 30 years old, and never lost my deposits once. If I lived under
> system that this author wanted, I would have lost all my cash or
> gold that I ever deposited, three times over.
>
> While it hurts to lose 20% of my net worth in this current recession.
> I'm still fairing much better (and so are the rest of you) than I
> would under the non-Keysesian system.