tag:blogger.com,1999:blog-2761684730989137546.post6428353642200402893..comments2024-03-28T07:50:06.102-04:00Comments on Mike Norman Economics: Yves Smith — Banks Deeply Involved in FBI-Coordinated Suppression of “Terrorist” Occupy Wall Streetmike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2761684730989137546.post-86644856556005448552012-12-30T23:44:45.148-05:002012-12-30T23:44:45.148-05:00Interesting article, The glimpse into the security...Interesting article, The glimpse into the security apparatus of the state frightens more than Orwell ever dreamed. My imagination runs wild with all the ways it will be used and abused. Good thing the two-party state is run by benevolent souls that work tirelessly on behalf of the citizens. Ryan Harrishttps://www.blogger.com/profile/04815033054435303399noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-58632561256025803952012-12-30T11:41:10.288-05:002012-12-30T11:41:10.288-05:00And no, I don't buy the Rothbardian-Libertaria...<i>And no, I don't buy the Rothbardian-Libertarian argument that this is all the predictable result of "Keynesianism" and that all we need to do to fix this morass is privatize the monetary system ... </i> Tom Hickey<br /><br />It is actually impossible to have a truly free market in private money creation UNLESS all government money is inexpensive fiat that it alone creates. Why? Because any private money or private money form (e.g. precious metals) accepted by government will have an advantage over those monies or money forms not accepted. Thus government would have to accept all private monies and private money forms equally or to accept none of them at all. Since the former is impossible then the later is the only remaining choice.Anonymousnoreply@blogger.com