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  • Re: Natural economic order

    A dutch libertarian just made the same remark. I will try to explain why there will be a ban on interest. I say, "wil be" and not "must be". Eventually people will opt for a ban on interest. Maybe it seems that I want to impose such a ban, but that's not true. What I did was try to describe what an optimal economic order is.
    Posted to Economics Questions (Forum) by niphtrique on Wed, Nov 5 2008
  • Re: Natural economic order

    Ok. That is fine with me. Everybody has the right to opinions. Anyway, if some type of economy is the most efficient, and the knowledge is spread, it will become the dominant type of economy. Markets will enforce that. The natural economy will force government into a positive role by facilitating the money system in the optimal way. If they mess with
    Posted to Economics Questions (Forum) by niphtrique on Tue, Nov 4 2008
  • Re: Natural economic order

    [quote user="Juan"]niphtrique, you said a couple of times something like [quote]I think you still believe in the goodness of human nature, just like socialists do.[/quote] So, what are your views on the subject ? You think people are naturally malevolent, but good plans (like yours...) can overcome flaws in human nature ? [/quote] I do not
    Posted to Economics Questions (Forum) by niphtrique on Mon, Nov 3 2008
  • Re: Natural economic order

    How the current monetary system works (and how it came into existence) http://video.google.com/videoplay?docid=-9050474362583451279
    Posted to Economics Questions (Forum) by niphtrique on Mon, Nov 3 2008
  • Re: Natural economic order

    We are NOT doomed! A tribute to the Mogambo Guru. A far more efficient economic system is possible 12 steps to freedom and wealth If an economic system is more efficient, it does not matter what I think or what anyone else thinks. It will be implemented as soon as the knowledge is there. Competion and market forces will then replace the current system
    Posted to Economics Questions (Forum) by niphtrique on Mon, Nov 3 2008
  • Re: Natural economic order

    I hope the discussion can be more constructive. There is no price control, except for the 0% interest on money. All other markets can be 100% free. Government does not have to interfere with the economy, except for enforcing 0% interest and collecting the money tax. You may still use gold and lend it out at interest. It is not prohibited, but it is
    Posted to Economics Questions (Forum) by niphtrique on Sun, Nov 2 2008
  • Re: Natural economic order

    Thank you for waking up this thread. I knew this was going to happen sometime. [quote user="PrincipedeGatos"]What a lot of people don't seem to get, is that the incentive to lend at no interest comes from the increased value of the principle when paid back. ( you did say that the quantity AND value of money will stay constant, which I'm
    Posted to Economics Questions (Forum) by niphtrique on Sun, Nov 2 2008
  • Re: Natural economic order

    Trying to wake you up because you seem asleep and are not noticing what is going to happen..... The fundamental soundness of natural money A goverment issuing natural money might be tempted to issue additional currency. But this is not a rational thing to do. First of all, tax income should increase because there is no inflation and money is circulating
    Posted to Economics Questions (Forum) by niphtrique on Fri, Oct 10 2008
  • Re: Natural economic order

    [quote user="Jon Irenicus"]I suggest you give Rothbard's Man, Economy and State a read. I think it'll explain these concepts in more depth than I am willing to go into here and should give you an understanding of some of the problems in prohibiting interest or visualizing it as being created "out of nothing".[/quote] Maybe
    Posted to Economics Questions (Forum) by niphtrique on Mon, Oct 6 2008
  • Re: Natural economic order

    [quote user="Jon Irenicus"]They pay higher amounts precisely in order to account for the fact that they might default on the loan. There is no instability because lenders who cannot estimate well go out of business and individuals, faced with high interest rates, will be reluctant to borrow. Now, it's perfectly fine if you want to do business
    Posted to Economics Questions (Forum) by niphtrique on Mon, Oct 6 2008
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