Comments

  • National Debt and Monetary Policy
    I don't recognize the debt as rational. Fiat currency creates a greater number of lesser value dollars. If the beneficiary of fiat currency paid for the full consequence out of his/her benefit there would be no benefit. And besides, the government exists to serve the people. Charging interest is one thing. Call it a fee for a service (i.e., the promotion of the economy.) However, payment upon something essentially paid for via devaluation with an interest on top I reckon is a bit too much. It puts a lien on everything. Does this go again inalienable or unalienable right? Just asking.
  • Government Economics
    Trivia question to start this off: What is the basic burden of composite government (i.e., all levels in terms of...) collections and borrowing repayment as a percentage of what we declare to the IRS in terms of Adjusted Gross Income? Would you say 1/3rd? 1/2? 2/3rd's? 80%? Over 90?

Thomas Paine Revisited

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