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I'm currently reading Currency Wars by James Rickards. In it, he says that one way for a nation to boost its exports is to depreciate its currency by printing money. For example, let's say that the price of a German car is 20,000 marks or 20,000 US dollars. And let's say the exchange rate...
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The Sundance Channel is airing Tuesday April 20th a documentary Cities On Speed - Cairo: Garbage about the colossal breakdown of garbage collection in Cairo, one of the biggest cities in the world. The documentary fails to answer some key questions, however it does document the failure of the mercantilist...
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I prefer to call it modern mercantilism. I still believe the U.S. President is a collectivist. I get the impression Mr. Obama does not believe man can rule himself. Thank god the prez doesn't start talking about the scientific approach to the social sciences.
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Some one should tell the world China's still a dictatorship. Who better than the Chinese dictatorship its-self. It has arrested the Australian negotiating team for spying after a deal between Australia's Rio Tinto company and Chinalco, a party owned and run state business, went sour because Aussy...
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Ron Paul Republican Speaks At San Antonio Tea Party April 15 2009 - The War on Economic Freedom.
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I would be interested in seeing a post, blog, website, etc that is devoted to defining political terms. I was at a Tea Party where I saw signs calling Obama a communist, a socialist, and a fascist. Which sign was correct? All three? What about Bush, what would we classify him as? I believe there are...
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Looking back on the classical liberal period from the Congress of Vienna to the beginning of the First World War, there are obviously some enormous advancements made over the preceding mercantilist period. Slavery was ended (peacefully in all but 2 countries), government oppression decreased (although...