Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Mortimer Snavely
"This sounds like one of Ché Guevara's criticisms of AID."

Why don't you educate yourself on the nature of our "flexible" currency system, and how we avoid catastrophic inflation in spite the fact that we continue to print paper without backing and come back to me to finish off your education.

Before you go throwing in names like Che Guevara for the sake of the implied connotation, why don't you mount an intelligent argument instead.

Ask yourself a question (write it down and read it to yourself if it's easier that way)...what happened to the value of your money when the Fed printed all those new $20, $50, and $100 dollar bills sometime ago and just threw them into the system?

They increased the amount of curency out here, decreased the value of your dollar.

Now they send currency out of the country in the name of "foreign aid" and lower the amount of currency in our home market, thus avoiding the inflation the excess currency would have eventually caused.

Understanding how things work, and acknowledging that understanding does not carry with it any implication of either support, or condemnation...however, the first step top solving a problem is in understanding the nature of the problem, and the root causes. I am not interested in idiotic ramblimgs about how political ideology should work in a vacuum, I concern myself with how politics are conducted in the real world.

I understand your position...it's easier to bitch about what's going on, than to actually try and do something about what's going on.

What's truly hysterical here, is the idea that a couple of internet keyboard jockeys with no real knowledge of anything that's going on, outside that which they read in the newspapers, have the unbelievable arrogance of claiming they know how to get things done better than the man in the White House.

66 posted on 06/17/2003 5:26:13 AM PDT by Luis Gonzalez (Cuba serĂ¡ libre...soon.)
[ Post Reply | Private Reply | To 61 | View Replies ]


To: Luis Gonzalez
"Before you go throwing in names like Che Guevara for the sake of the implied connotation..."

I am trying to point out how Marxist thought has become mainstream and is considered by some to be conservativism.

Exporting inflation is not, ultimately, a good thing. The problem of fiat money is well discussed here:

Alan Greenspan's Gold and Economic Freedom

67 posted on 06/17/2003 11:55:21 AM PDT by Mortimer Snavely (Is anyone else tired of reading these tag lines?)
[ Post Reply | Private Reply | To 66 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson