Ron Paul - corporatisim, not capitalism

[murphycline]

1)The devaluation of the Roman denarius, due to clipping and adding lead to the coinage.

2) The devaluation of paper currency in China in the Middle Ages

3) The collapse of the French monetary system after the Lord Say debacle

4) The rampant inflation of the Continental Dollar in the US 5) The rampant inflation of the Weimar Republic

6) The rampant in Hungary during the 1950s

7) The rampant inflation in Zimbabwe

8) The economic crisis that Argentina faced.

Yes, us 'goldbugs' r nuts.

[fede2]

nobody really knows what capitalism is supposed to be. a free market without the presence of the state has never existed. even without the state, i don't see anyone adressing institutional predation.

[stealthswimmer]

What we CAN do is look at when/where people have been closer to it. And yes people know what it's supposed to be. Laissez-faire is the purest form but it's simply a system based on voluntary exchange and where private property rights are enforced.

As for institutional predation, actually yes the Austrian economists DO address that. It simply has never happened ever without state assistance. Happens when government pass regulations and laws that impede competition or help certain businesses

[fede2]

institutional predation does not occur only when it's done by the government.

[stealthswimmer]

m...you're gonna need to give me an example. If you mean religious groups, I'm pretty sure that was because there were theocracies in the past, so they WERE the government or had a lot of influence in government.

If you mean businesses, then no. Governments have sometimes explicitly given aid to certain institutions through tax breaks that nobody else would receive, regulations impeding competition, subsidies, and sometimes even outright laws and/or government-granted monopolies.

[prakkari]

Corporatism was exactly the name Mussolini gave his ideals in the beginning. Later he changed it to Fascism. Look it up. That is what is happening in America. Face it.

[stealthswimmer]

Unfortunately, you are exactly right.

[RDVoDkA]

Ron Paul supporters are so delusional

[stealthswimmer]

U mad?

=P

[whispers83]

do you disagree with anything said within that one minute and forty one sseconds?

[RDVoDkA]

I never said that I disagree with this video, I said Ron Paul supporters are delusional.

[whispers83]

and still you haven't agreed or disagreed. lucid vs. subtle

would you agree that this world might be a better place if the disillusioned elucidated their path to enlightenment for the masses?

oh great disillusioned one please tell us what your concept of delusion and support are so that we might begin to understand the delusions of fightingfor/funding/considerin­g/communicating our concept of liberty....

[RDVoDkA]

Your words are coming out, but the meaning isn't there.

[whispers83]

evidently you are on the internet... there are dictionaries and encylopedias on this internet... or are you just a troll that has lost its way back to the Erdisland bridge?

i'd send you a map but, the meaning might not be there. right then.

watch?v=E2bolToJ4K0

[whispers83]

RDVoDkA:RP supporters are delusional

w83:does RD disagree with anything RP says here

RDVoDkA: I never said that I disagree.RP supporters are delusional

w83:agree or disagree then sir! obfuscation makes the world a dark place please clarify delusion/support

RDVoDkA:text is there but, no meaning.

w83:lost in translation from american to british english? google? give a shit?

RDVoDkA:you're a huge pseudo intellectual.

w83:pseudo-rabble-rouser calls me a pseudo intellectual..cute *sigh*

[RDVoDkA]

Ron Paul on the gold standard is a good example; an antiquated way of valuing currency which almost no economists support. There may be arguments to go back to it, but little speeches like this, his tactlessness knows no bounds. How he randomly brings up the "Gold Standard" whether it is relevant or not. (I don't mean this speech is particular)

[toppermost1]

Almost no economists support a gold standard cos they're all Keynesian brainwashed idiots who think we can spend our way out of debt. A debt-based economy only benefits one bunch of people - the bankers.

[stealthswimmer]

Actually, a gold standard is not a way to "value" currency at all. That's one of the first mistakes that some economists make. Other economists correctly explain that it is using gold AS money, meaning that if we don't "have enough gold" then the value of the gold simply increases because that's where prices will come from. For small transactions(like if gold is so valuable that it means super small coins) there can be silver, and even copper coins as have existed in the past.

[murphycline]

Provide arguments against the Gold Standard rather than simply calling it outdated and saying that almost no economists support it. And it would incorrect to say that he's a gold standard supporter in the literal sense. The Austrians believe in getting the government out of the issue of money. It just so happens that they believe that gold, due to its properties- easily divisible, holds value etc- would likely end up as money in a free market currency system.

[Carlitos1010]

Where's the money going to come from???

Hey, Bernanke! ,...turn on you counterfitting printer...we need 700B$ to save these rich fucks and get closer to the total destruction of the Dollar, that way we can introduce our own monetary system, regulated by the UN not that country once known as The United States of America, a country with a Constition defending individual and economic liberty, how cute. If the masses only knew that only an Elite could run this world, a never ending oligarchy.

[Carlitos1010]

New UN currency for the US,Canada and Mexico - THE AMERO.

...It's a sad reality...

[vicnameless]

Do you know the date of this speech?

[stealthswimmer]

I don't remember. I think you can find it on the cspanjunkie site though. That or if you just type "ron paul" into the search bar it should come up.