-
[quote user="meambobbo"] Of course, this isn't what's happening in Britain right now. The Pound is going to complete crap. I expect it to be the first major currency to blow up. [/quote] Honestly, I think it's the Yen. The Japanese Central Bank has specifically stated that they are trying to fight deflation and keep injecting more
-
Rothbard says that possession of WMDs is effectively aggression, as they have no purpose but taking life. I agree with that assertion. The hell does anyone need a nuclear weapon for? Not just Iran, but any country.
-
The Basques, Catalans, Galicians, and Andalusians will all probably break off and make their own states, if you ask me.
-
Switzerland requires that all tax increases and major legislation be approved by the people at large. They also have a strict policy of armed neutrality, and have avoided war since 1848, which is impressive considering their four neighbors are Germany, Austria, France, and Italy. The system is very federalized, they only have 7 departments at the national
-
[quote user="mber"] When the Federal Reserve changes interest rates, does this effect the rate at which a bank loans at? [/quote] That is exactly what happens. The Fed is the "bank of last resort" and lends money to banks at the the official rate. If a bank gets there money at a high interest rate, they obviously need to loan that
-
Tell them stories about Robin Hood and William Tell and other anti-government folk heroes. That might be a start.
-
As far as I can tell, they seem to largely be wisely lent out, with an extremely low default rate. I could totally see someone making lots of money based on a large number of microloans.
-
[quote user="Caley McKibbin"] [quote user="Jonathan M. F. Catalán"] In any case, Samuelson's economic leanings should not give any justification towards anybody being pleased with his death. [/quote] I beg to differ. Though, the pleasure is limited by his death being not nearly enough. [/quote] I completely agree.
-
Good riddance
-
[quote user="alimentarius"] Some questions: Is the war on terror unnecessary? Is Global warming a scam? Was 911 an inside job? [/quote] To put it simply, "yes" to all three of those.