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Anyone willing to bet on a devaluation of the dollar when all the debt bubbles burst?
#96
(06-05-2016, 09:08 PM)Galen Wrote:
(06-05-2016, 07:00 AM)pbrower2a Wrote:
(06-05-2016, 03:00 AM)Galen Wrote:
(06-05-2016, 02:55 AM)Eric the Obtuse Wrote: No one with power can be trusted.

You have the most amazing ability to not think things through and completely miss the point.  No wonder Boomers screw everything up they touch.

The wrong Boomers have been in charge. The extreme narcissists and some borderline sociopaths have prevailed in government and business.

...Corporate power can do as much evil as government. The profit motive does not reliably educe the noblest behavior from people.
Private entities do not use force the way governments do.  You don't have to deal with any particular corporation unless it has some monopoly bestowed by government.  There are no right Boomers or anyone else to be in charge that is the lesson that Boomers in general seem be unable to handle.

Sure, they don't, unless the State runs like a mafia.

When there is no state, private power operates much like a mafia, even taking property at will, because no entity can stop the large-scale thieves who are or who have co-opted the most ruthless enforcers.

One needs a State, at the least, to establish and enforce property rights -- especially the property rights of people who have little property and no political power.
The ideal subject of totalitarian rule is not the convinced Nazi or the dedicated Communist  but instead the people for whom the distinction between fact and fiction, true and false, no longer exists -- Hannah Arendt.


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Messages In This Thread
Ornery, take 2 - by Ragnarök_62 - 05-26-2016, 02:12 AM
RE: Anyone willing to bet on a devaluation of the dollar when all the debt bubbles burst? - by pbrower2a - 06-17-2016, 02:26 PM

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