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Old 05-18-2005, 02:34 PM
rushdoony rushdoony is offline
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Join Date: Nov 2004
Posts: 556
Default Food, Clothing,Shelter should be controlled by government.


The above headline is false. It is NOT true. That would be forced communism
which everyone knows is disasterous economically. That headline was
for trolling purposes to attract more attention.

Ok, the same is true of the currency industry. There is no good practical,
philosophical, moral or religious reason for the State to own or control the currency industry.
The food, clothing, shelter and currency industries are too important for the State
to assume ownership and/or control.

Here is what was on savethemales.ca a few days ago until it got bumped off:

--------------------------------------------------
Dear Alisha,
We need to abolish the private control of credit and bring it under government control. This isn't likely to happen since politicians, the media, academics are all bought and paid for.

Henry

--------------------------------------------------

Now here is what the correct economic liberty view is:

Imagine a clothing industry in Canada run by a single
private corporation which was granted a government enFORCED monopoly.
This is an example of fascism ( private ownership and State control ).
There are always all kinds of inefficiencies and corruption in this setup.

Now imagine a solution proposed for this clothing industry which
is for the government to run the clothing system. This is an example
of enforced communism ( State ownership and State control )
There are also all kinds of inefficiencies and corruption in this setup.

Now the correct solution for all the problems in the clothing industry
would be to have economic liberty. In other words competition amongst
many suppliers, freedom of entry into the business and freedom
by customers to choose and trade with any supplier.

Again, having one private corporation with a state granted monopoly over an industry,
enforced by state gunpower is NOT a free-enterprise system. That is fascism.

So also, just apply the above logic to the "currency" industry
( credit is just a derivative of a currency ) and that's that - you have
your solution to the 1001 issues and controversies in the money industry.
The correct solution for all the problems in the currency industry
would be to have economic liberty. In other words competition amongst
many currency suppliers, freedom of entry into the currency business and freedom
by customers to choose and trade with any supplier.

In fact currency inflation would be practically eliminated and the prices
of all goods and services would FALL each year by the rate of
productivity increase, say 3% a year on average ( get your calculators
out and see how much a new car "should" cost now compared to
the year you were born in ).

And don't believe state university propaganda that a free market in currencies
was tried 150 years ago and it didn't work. The free market HAS worked 9,999
times/industries in a row and it would work here also. If the police previously did a poor job
of catching and prosecuting for fraud or counterfeiting then
that is an indictment of the inefficiency of the
State's police.

The only function of the State in the above scenarios would be to recieve a 911 call
from a business saying that a robber had just stolen clothes or
a criminal had just counterfeited currency.

I apologise if I misunderstood the meaning of the word "control"
in the savethemales.ca piece. It might not mean "own".
Alternatively if I am right it goes to
show you that even the smartest people can be incorrect about some issues.

I had previously written a better piece than this but when I hit "submit"
it disappeared. So this will have to do now. That is not the first time I had spent a decent interval of time composing a statement and then lost it in the clubconspiracy site ether.

Signed respectfully, rushdoony
see also: www.libertydollar.org

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