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An Economy of Liars : Why Government Regulation Fails
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Forum:
Politics
Category:
Other
Miscellaneous
Thread ID:
01461211
Message ID:
01462071
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74
>Mike, you missed the point. We don't need to approach the kind of insane numbers that hit Germany in the years preceding the raise of Nazism, in order to still have a severe crisis with devastating consequences.
>
>Take a look at how FDR's "we'll spend our way out of the depression" sank the United States into a deeper depression.
>
>The leading economic indicators right now show that while we're experiencing a small (and I do mean small) recovery, it is somewhat artificial, and that 2011 and 2012 are looking far more severe than anything we've had in the last 2 years.

I must have been led astray by your reply to Cecil ---

>A government which spends what it hasn't got to spend will cause hyper-inflation to come upon its people in due time. The Weimar Republic of Germany in the 1930's and Argentina in the 1980's are two examples, and maybe a third would be Zimbabwe. We ARE headed toward hyper-inflation which will rob money value from all, but will hurt the poor and middle class more than anyone else.
>
>I agree 100%

No wonder you snipped that out! Now you are probably going to say there is no difference between hyper-inflation and "a severe crisis with devastating consequences." I don't agree with that, either, but don't bother. I am going to take a break from discussing economics with the Tea Party types here. It's pretty pointless.

Add immigration to that list. Your pot-stirring pal in North Carolina, the one with all the insulting and patronizing comments, spurred that decision.

See you in SQL Server threads, I guess ;-)
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