Level Extreme platform
Subscription
Corporate profile
Products & Services
Support
Legal
Français
Wall Street Journal OP Obama's Radicalism Is Killing the
Message
From
10/03/2009 15:51:06
 
 
To
10/03/2009 12:32:15
Dragan Nedeljkovich (Online)
Now officially retired
Zrenjanin, Serbia
General information
Forum:
Politics
Category:
Other
Miscellaneous
Thread ID:
01386150
Message ID:
01386980
Views:
73
>>>>Do we have a new Amish converrt amongst us? ;-)
>>>
>>>Nope, more of a Jeffersonian. The more I hear of how he envisioned the functioning of the Republic, and how there wasn't any room for banks in that vision, the more I like him.
>>
>>Just take a peek at page 346:
>>http://books.google.com/books?id=y1_R-rjdcb0C&pg=PA346&lpg=PA346&dq=adams+jefferson+banks&source=bl&ots=TthAYlejha&sig=lPrf-mO1iSuZjY0f59gOUResiuI&hl=en&ei=o0a2ScruF4_Htge21dCrCQ&sa=X&oi=book_result&resnum=9&ct=result
>
>That.
>
>Of course, I'm not imagining plantation is a paradise. But anything that creates value by borrowing it, i.e. charges interest or just invents money which doesn't exist... is theft. Whenever I hear "leverage", I remember a grafitto from back home:
>
>"Give me a lever, and I will move
>your kidneys"

How is charging a markup on selling an item any different than charging interest on a loan. That's pretty much how supply and demand works. You have something I want, you charge me more for that something than it cost you to produce, whether it's a loan or a chair. Doesn't that mean that all profit is money which doesn't exist?

I expect you know more about it than I do, but I assume your wife doesn't only charge for her costs for the items she sells, but actually invents money that doesn't exist and calls it profit. No?
Previous
Next
Reply
Map
View

Click here to load this message in the networking platform