tag:blogger.com,1999:blog-2761684730989137546.post945526375692682979..comments2024-03-29T09:32:34.853-04:00Comments on Mike Norman Economics: The “deep state” as a tool for redistribution of income in favor of the rich. Review of Mike Lofgren’s “The deep state”mike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger34125tag:blogger.com,1999:blog-2761684730989137546.post-21874111554669920472017-05-07T12:42:43.032-04:002017-05-07T12:42:43.032-04:00An Austrian might think of equal fiat distribution...An Austrian might think of equal fiat distributions to all citizens as a gently rain of gold dust falling evenly upon them all.<br /><br />Then what's not to like? The lack of misery? The lack of environmental destruction? Andrew Andersonhttps://www.blogger.com/profile/14296407661618321637noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-16551341077940143922017-05-07T12:27:59.250-04:002017-05-07T12:27:59.250-04:00That way, prices need not fall for all citizens to...<i>That way, prices need not fall for all citizens to benefit from material progress. </i> AA<br /><br />Rather: <i>That way, prices need not fall so that only SOME citizens benefit from material progress at the expense of OTHER citizens but instead ALL citizens benefit from material progress.</i>Andrew Andersonhttps://www.blogger.com/profile/14296407661618321637noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-7017547576786684782017-05-07T12:23:20.243-04:002017-05-07T12:23:20.243-04:001. The deflation afflicting HDTVs is just killing ...<i>1. The deflation afflicting HDTVs is just killing me.</i> Roddis<br /><br />The proper way to fight deflation beyond deficit spending for the general welfare by the monetary sovereign would be equal fiat distributions to all citizens, i.e. a citizen's dividend. That way, prices need not fall for all citizens to benefit from material progress. <br /><br />Btw, deflation is a known killer. Do you want a blood-stained HDTV or would you rather watch with a clear conscience that you aren't profiting off the misery of others? <br /><br /><i>2. The fundamental Austrian concept is economic calculation.</i> Roddis<br /><br />By measuring everything against a shiny metal? By limiting the growth of the money supply and thus the economy to the mining rate of gold? By destroying the environment to dig up gold only to rebury it in bank vaults?<br /><br />Andrew Andersonhttps://www.blogger.com/profile/14296407661618321637noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-39789945062997328382017-05-07T10:43:32.674-04:002017-05-07T10:43:32.674-04:001. The deflation afflicting HDTVs is just killing ...1. The deflation afflicting HDTVs is just killing me.<br /><br />2. The fundamental Austrian concept is economic calculation. I see no evidence that the concept is understood by non-Austrians or even allegedly former Austrians.Bob Roddishttps://www.blogger.com/profile/17263804608074597937noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-59104505374110880702017-05-07T10:10:00.489-04:002017-05-07T10:10:00.489-04:00All Disciples were Israelite and discipling is an ...All Disciples were Israelite and discipling is an active methodology... "works" or "learn by doing"... e.g. "take these 3 fish and feed these 5,000 and then collect the leftovers and blah blah blah...."... oh brother...<br /><br />Salvation is not exclusive to only those practicing an active methodology...<br /><br />Don't get confused by the different teaching methodologies depicted between the Lord dealing with Israel and Paul dealing with the nations... <br /><br />The teaching methodology used has nothing to do with whether one is justified or not...Matt Frankohttps://www.blogger.com/profile/11978352335097260145noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-79866482281713885212017-05-07T09:22:33.994-04:002017-05-07T09:22:33.994-04:00shocking... Franko
That was before a personal tra...<i>shocking...</i> Franko<br /><br />That was before a personal tragedy drove me to finally read the entire Bible. And like Jesus says: <i>“... If you continue in My word, then you are truly disciples of Mine; and you will know the truth, and the truth will make you free.”</i> John 8:31-32<br /><br />and<br /><br /> <i> "Sanctify them in the truth; Your word is truth." </i> John 17:17 <br /><br />So I read the truth and it set me free from bitter, misery loving, gold worshiping non-believers.Andrew Andersonhttps://www.blogger.com/profile/14296407661618321637noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-49249304828675889362017-05-07T08:52:43.583-04:002017-05-07T08:52:43.583-04:00"Btw, I used to be an Austrian"
shockin..."Btw, I used to be an Austrian"<br /><br />shocking...<br /><br />"Matthew 25:14-30) Austrian economists desire to profit by deflation - another form of theft"<br /><br />Wow didnt know Jesus was monetarist either....Matt Frankohttps://www.blogger.com/profile/11082502216984169113noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-88432832832467395702017-05-06T18:06:06.739-04:002017-05-06T18:06:06.739-04:00The Austrian economists support abolishing the cen...The Austrian economists support abolishing the central bank rather than expanding it to include all citizens. That means the Austrian economists are tools of the banks too.<br /><br />Btw, I used to be an Austrian and have corresponded with Gary North, Lew Rockwell and other notables. Their addiction to gold and deflation eventually turned me off permanently ... that and their misunderstanding of the banking system as they kept screaming about impending hyper-inflation.<br /><br />They're a misery loving lot - to "purge the malinvestments", they say. But God demands justice, not misery and that does not include punishing the victims. But Mises, not Moses, is their authority.Andrew Andersonhttps://www.blogger.com/profile/14296407661618321637noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-35575838486421133132017-05-06T17:46:43.986-04:002017-05-06T17:46:43.986-04:00The claim that I support banks which create fiat f...The claim that I support banks which create fiat funny money loans is preposterous. Again, no MMTer has the slightest familiarity with Austrian School concepts or analysis and they like it that way. It's not clear to me how someone can reject ideas which they have never actually encountered or engaged but you guys seem to be proud of that.Bob Roddishttps://www.blogger.com/profile/17263804608074597937noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-47661333498196079852017-05-06T17:15:20.025-04:002017-05-06T17:15:20.025-04:00and in the most perverse irony of all, the country...<i> and in the most perverse irony of all, the country that famously separated heads from bodies is about to elect an investment banker, </i> Joe<br /><br />One reason is because the banks have interposed themselves, quite unnecessarily, between the monetary sovereign and its citizens.<br /><br />If/when physical fiat, aka "cash," is ever totally abolished this will be 100% evident to all and perhaps then, if not before, we shall have fundamental, PRINCIPLED, genuine reform. Till then we are in danger of the banks and their supporters and additionally the shiny metal idolaters as a red-herring to genuine reform.Andrew Andersonhttps://www.blogger.com/profile/14296407661618321637noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-69714580205988661352017-05-06T15:07:48.969-04:002017-05-06T15:07:48.969-04:00"Burn down the clubhouse" and "Lop ..."Burn down the clubhouse" and "Lop off their heads" - and in the most perverse irony of all, the country that famously separated heads from bodies is about to elect an investment banker, virtually guaranteeing bigger problems down the road. sigh...Joehttps://www.blogger.com/profile/15197727918414570446noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-86054971199315122112017-05-06T15:06:46.033-04:002017-05-06T15:06:46.033-04:00Speaking of theft, your silly, lazy, wicked (cf. M...Speaking of theft, your silly, lazy, wicked (cf. Matthew 25:14-30) Austrian economists desire to profit by deflation - another form of theft - as the population and economy grows but the money supply doesn't keep pace.<br />Andrew Andersonhttps://www.blogger.com/profile/14296407661618321637noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-28449678703084482282017-05-06T14:52:42.736-04:002017-05-06T14:52:42.736-04:00Plus, we’ve already established that fiat funny mo...<i>Plus, we’ve already established that fiat funny money is used by state to transfer wealth to insiders and the powerful without the public understanding what has happened. </i> Roddis<br /><br />There's nothing funny about prison and/or asset confiscation for tax evasion ... I doubt you'd be laughing much at fiat then.<br /><br />Also, it's government privileged banks that are responsible for most unjust* wealth transfer. Where's your advocacy that citizens should be allowed to bypass banks via accounts of their own at the central bank? Hmmm? Or must we still be forced to work through banks or carry bags of easily stolen gold around?<br /><br />You're a tool of the banks, Roddis, unless you advocate that all citizens be allowed to use their Nation's fiat in account form and not be forced to work though private depositary institutions.<br /><br />Obfuscate? I'm not the one who says justice requires a silly metal. You have heard of idolatry, no? <br /><br />*Or do you blame the victims of the banks for not dying quietly in a corner somewhere rather than taking welfare?<br /><br /><br />Andrew Andersonhttps://www.blogger.com/profile/14296407661618321637noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-18742405848851489292017-05-06T14:29:24.292-04:002017-05-06T14:29:24.292-04:00do you believe the taxation authority and power of...<i>do you believe the taxation authority and power of government should be misused to prop up the value of some shiny metal</i><br /><br />Governments do not prop up and do not need to prop up “the value of some shiny metal” which historically had organic value for the masses without coercion. Plus, we’ve already established that fiat funny money is used by state to transfer wealth to insiders and the powerful without the public understanding what has happened. <br /><br />You obviously cannot make the case for fiat funny money and you know it. Otherwise, you wouldn't perpetually obfuscate regarding simple definitions.Bob Roddishttps://www.blogger.com/profile/17263804608074597937noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-64190839622302192602017-05-06T13:56:19.849-04:002017-05-06T13:56:19.849-04:00They can use any type of money they like. It’s not...<i> They can use any type of money they like. It’s not complicated. </i> Roddis<br /><br />Not when it comes to taxes. In that case, inexpensive fiat is the ONLY ethical choice or do you believe the taxation authority and power of government should be misused to prop up the value of some shiny metal? Call that honest, do you? Andrew Andersonhttps://www.blogger.com/profile/14296407661618321637noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-27039829440904988412017-05-06T13:48:29.112-04:002017-05-06T13:48:29.112-04:00And much of the non-white world feels the same abo...<i>And much of the non-white world feels the same about the white world for similar reasons.</i><br /><br />I've owned "Endless Enemies: The Making of an Unfriendly World" by Jonathan Kwitny since 1984. It's a good thing our meddlesome military is not revenue constrained.<br /><br />http://tinyurl.com/l2a9zt6Bob Roddishttps://www.blogger.com/profile/17263804608074597937noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-79168045236073371052017-05-06T13:45:47.526-04:002017-05-06T13:45:47.526-04:00Andrew Anderson: I’m certain that all of you beli...Andrew Anderson: I’m certain that all of you believe in private property in the sense of your house, your apartment, your body, your dog, your bank account, your car. You believe that people should be honest and should fulfil their contractual promises. So do I. There is no justification for the initiation of violence. When people are safe in their person and property, they will do what they think is best in living their life. They can use any type of money they like. It’s not complicated.Bob Roddishttps://www.blogger.com/profile/17263804608074597937noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-24738283514380900382017-05-06T13:42:42.058-04:002017-05-06T13:42:42.058-04:00Tom imo they would still to this day like to go up...<i>Tom imo they would still to this day like to go up there and kick Japan's ass to get even... they can't stand Japan...</i><br /><br />And much of the non-white world feels the same about the white world for similar reasons.Tom Hickeyhttps://www.blogger.com/profile/08454222098667643650noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-1140081666790146522017-05-06T13:32:15.198-04:002017-05-06T13:32:15.198-04:00So Roddis, where are you on deprivileging the bank...So Roddis, where are you on deprivileging the banks since they create most of the money supply?<br /><br />Or is a stupid, shiny metal your solution to injustice?Andrew Andersonhttps://www.blogger.com/profile/14296407661618321637noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-73943393497946979582017-05-06T13:29:30.614-04:002017-05-06T13:29:30.614-04:00MMT is the greatest tool for redistribution ever i...MMT is the greatest tool for redistribution ever invented. Let's make sure that the "deep state" is not revenue constrained! <br /><br />Oh, and let's wonder why the powers-that-be continue to act like we are still on a pseudo gold standard. <br /><br /><i>Lenin is said to have declared that the best way to destroy the capitalist system was to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. By this method they not only confiscate, but they confiscate arbitrarily; and, while the process impoverishes many, it actually enriches some. The sight of this arbitrary rearrangement of riches strikes not only at security but [also] at confidence in the equity of the existing distribution of wealth.</i><br /><br />http://www.pbs.org/wgbh/commandingheights/shared/minitext/ess_inflation.htmlBob Roddishttps://www.blogger.com/profile/17263804608074597937noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-1240647227213766692017-05-06T13:26:21.882-04:002017-05-06T13:26:21.882-04:00Tom imo they would still to this day like to go up...Tom imo they would still to this day like to go up there and kick Japan's ass to get even... they can't stand Japan... Matt Frankohttps://www.blogger.com/profile/11978352335097260145noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-57104135831994773592017-05-06T13:26:17.906-04:002017-05-06T13:26:17.906-04:00That's the idea. Tom Hickey
One should not bl...<i>That's the idea.</i> Tom Hickey<br /><br />One should not blame those who took advantage of an inherently crooked fiat and credit creation system to get rich but those who set it up and those who continue to support it.<br /><br />Looking at you Neil and Franko.Andrew Andersonhttps://www.blogger.com/profile/14296407661618321637noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-44115136314667250782017-05-06T13:16:09.353-04:002017-05-06T13:16:09.353-04:00That's the idea.
Actually, a lot of the not-B...That's the idea.<br /><br />Actually, a lot of the not-Bolsheviki emigrated, and Chang Kai-Shek and the Nationalists fled to Taiwan.<br /><br />BTW, most people don't realize that the <a href="https://en.wikipedia.org/wiki/Taiwanese_people#Definitions_of_Taiwanese" rel="nofollow">Taiwanese people</a> were first oppressed by the Japanese that invaded them, and then subsequently by the Nationalist Chinese that fled to the island and assumed control of the island post WWII.Tom Hickeyhttps://www.blogger.com/profile/08454222098667643650noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-39723434646145113622017-05-06T12:58:09.169-04:002017-05-06T12:58:09.169-04:00burn down the clubhouse
Make sure all the members...<i>burn down the clubhouse</i><br /><br />Make sure all the members are inside first.Noah Wayhttps://www.blogger.com/profile/12012500819097539976noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-1507947343458075922017-05-06T10:44:47.095-04:002017-05-06T10:44:47.095-04:00Once you are wealthy you are in the club. If you t...<i>Once you are wealthy you are in the club. If you try and remove the wealth that doesn't remove them from the club. You're already there and have access, via the network, to power. </i><br /><br />Marx & Engels, Lenin, and Mao concluded that the only successful way to address the issue is to burn down the clubhouse.Tom Hickeyhttps://www.blogger.com/profile/08454222098667643650noreply@blogger.com